As a U.S. citizen or resident living in Virginia, you have an obligation to report your income to the Internal Revenue Service (IRS). This is true regardless of what you do with your income—whether you receive direct deposits, deposit your paychecks with your bank, or cash your paychecks as soon as you receive them. If … Read more
If you trade through your brokerage’s cash account, you’ll see two different types of funds in your account: settled funds and unsettled funds. Settled funds (also called settled cash) refer to newly deposited funds (such as a check deposit or wire) and settled proceeds of fully paid for securities. Unsettled funds (also called unsettled cash) … Read more
As we reach our golden years, especially at age 75, investing takes on a whole new meaning. Gone are the days of aggressive growth strategies and high-risk investments. Now, it’s all about finding that sweet spot between protecting what you’ve worked so hard for while still making your money work for you. I’ve talked with … Read more
The Coca-Cola Companyâs (KO) dividend yield is 2.89%, which means that for every $100 invested in the companys stock, investors would receive $2.89 in dividends per year. The Coca-Cola Companyâs payout ratio is 65.04% which means that 65.04% of the companys earnings are paid out as dividends. A low payout ratio may indicate that the … Read more
Gold is a precious metal that is known to have a great sentimental value in Indian culture. Symbolising goddess Laxmi, it is a part of almost every auspicious occasion, like festivals, weddings, etc. In addition to this, gold is also considered a great investment option due to its constantly increasing market prices. An average Indian … Read more
When managing financial statements, companies often struggle with categorizing different types of property. One particularly tricky classification is investment property, which gets special treatment under Indian Accounting Standards. Let’s dive deep into what Ind AS 40 says about investment property and how it should be handled in your financial statements. Definition of Investment Property According … Read more
Are you dreaming about making quick cash from the stock market? Maybe you’ve heard stories about people getting rich overnight or making thousands every month from their investments. Let’s get real about what’s actually possible when it comes to monthly stock returns. The Truth Nobody Wants to Tell You If you’re wondering how much money … Read more
Apple Inc.âs (AAPL) dividend yield is 0.39%, which means that for every $100 invested in the companys stock, investors would receive $0.39 in dividends per year. Apple Inc.âs payout ratio is 13.77% which means that 13.77% of the companys earnings are paid out as dividends. A low payout ratio may indicate that the company has … Read more
Every investment advisor asks you to diversify your investments to safeguard them from sudden risks. But do you know you can overdo it? Have you ever stared at your investment account wondering if you’ve got too many mutual funds or not enough? I’ve been there! The question of whether it’s better to have multiple mutual … Read more
This series of model portfolios from Morningstar’s director of personal finance and retirement planning Christine Benz can help investors reach their financial goals. Morningstar’s Christine Benz put together a series of investment portfolio examples that both retirees and savers can refer to as they build their own portfolios. The goal of these portfolios isn’t to … Read more