Oil Tanker
My quest for more dividend paying stocks led me to another category that my partner Frugal wrote about a while ago: oil tanker shipping companies. The short list he gave was: Nordic American (NAT), Frontline (FRO), General Maritime (GMR), and Knightsbridge (VLCCF). Of the group, I like the current chart of NAT (yielding 15.9%) the […]
Continue reading529: Plan Early Retirement
A while ago, I wrote about 529 plans and new tax deductions in some states. Just to recap the basics about 529 plans: Contributions are not deductible on federal returns; however, many states provide a deduction for contribution to in-state plans. Certain states even have deductions for contribution to out-of-state plans. Although the state income […]
Continue readingZecco Trading
Gathering from your questions after the first part of this review, there is a lot of interest in Zecco.com and their promise of zero commission trades. In the concluding portion of this review, I’ll describe my impressions about their order execution, answer some reader questions, as well as relay some difficulties I’ve been having. Order […]
Continue readingFestival Of Stocks #13
Welcome to Festival of Stocks #13 at 1stMillionAt33.com. Thanks to all those who participated, and thanks to George at Fat Pitch Financials to give me this opportunity to host. To find out how to participate and host this carnival event, go to the home page of Festival of Stocks. If you’re on my site for […]
Continue readingTest Driving Zecco
You probably have heard about Zecco already. The name stands for ZEro Cost Commission. True to their word, they offer zero commission internet trading for stocks and ETFs, for both market and limit orders as long as the account balance is above $2000. There is a limit the number of trades but it’s a more […]
Continue readingWhy I Bought Gold Back In 2002
This is a holiday season, and a perfect time for me to divulge an investing secret that I don’t like to share with too many people. Only the ardent followers of my site will get to read it. Do you know why I bought gold back in 2002 for $305? Was I really that smart, […]
Continue readingA Dash Of Pink For Your Portfolio
Random Roger wrote about the Vietnam opportunity fund last week. Vietnam was in the news recently because of the failed trade bill on the eve of the APEC summit. In spite of that, Vietnam is due to become the newest member of the WTO next year while it’s doing to China what China has done […]
Continue readingThe Commercial and Vix Fear Index
VIX Background The Volatility Index (VIX) was created by the Chicago Board Options Exchange (CBOE) in 1993; according to the CBOE, the ‘VIX measures market expectation of near term volatility conveyed by index option prices of the S&P 500. In 2004 VIX futures were made available for trading providing investors with a unique opportunity to […]
Continue readingReversing My Positions On Canadian Trusts
After I thoroughly reviewed the tax law changes, I believe that they should be sold. Not only corporate income will be taxed, withholding rates for US investor will be raised to 41.5%. If anyone of you have further details on the tax changes, please comment. My total loss from this tax change is about $5800 […]
Continue readingTips For Listing A Loan on Prosper
My Digg of This Week is at Blogging Away Debt, paying down $10K credit card debt in seven month! Tricia maintains an excellent personal finance blog, and she has always been so meticulous on the in & out of her money. If you want to learn more about investing in a Prosper.com Loan, or how […]
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