Is Utilizing an Investment Strategy to Buy 100 Shares at a Time a Good Plan?
Making money investing in one stock or in a diversified a portfolio is the object of every investor. The investment strategy of buying 100 shares at …
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Can You Cancel UGMA Accounts Legally?
UGMA accounts may be canceled under limited conditions. The death of the minor, transferring to a Roth IRA or when the minor reaches legal age of …
Continue ReadingUnderstanding Custodial Account Distribution from a Brokerage Account
Requesting a custodial account distribution from a brokerage account is not difficult, however there may be some legal requirements to be met in order …
Continue ReadingLearn How to Invest on the Share Market
Trading stocks can be both enticing and intimidating. Learn how to invest on the share market/stock market.
Continue ReadingWhat are UGMA Restrictions and Do They Impact Me?
UGMA restrictions impact all financial accounts that are set up by a custodian to benefit a minor. The most serious UGMA restrictions is that the …
Continue Reading2011 Roth IRA Contribution Limits: How to Calculate Your Maximum Contribution for Roth IRA
Roth IRA owners have been searching high & low for the 2011 Roth IRA contribution limits. Actually, what’s new for Roth IRA are the modified …
Continue ReadingCan I use UTMA Funds for a Roth IRA Contribution?
For children who have begun working and have steady income, using UTMA funds for Roth IRA contribution may allow them to begin saving at a very young …
Continue ReadingHow Do You Tell Which Direction the Forex Market Will Trade on a Daily Basis?
How do you tell which direction the Forex market will trade on a daily basis? There is no 100% accurate, magic formula, but there are some tips you …
Continue ReadingHow does Quantitative Easing Increase Stock Prices?
One of the tools in the arsenal of the Central bank’s monetary policy tool kit is adjusting the money supply. When they use this tool there …
Continue ReadingWhat is the Age of Trust Termination of an UTMA Account in NY State and is it Different From Other States?
Residents of New York often are interested in finding out the age of trust termination of an UTMA account in NY. This is because at the time of …
Continue ReadingThe Spouse as IRA Beneficiary : Financial Considerations & IRA Tax Rules
This article gives particular attention to the spouse as IRA beneficiary, whose financial considerations & investment options are more extensive …
Continue ReadingExcess Contribution to Roth IRA: Understanding the Consequences and the Remedies
Knowing the consequences of excess contribution to Roth IRA should stir awareness among account holders that over-contributions could be costly if …
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