Smart Stocks to Buy for Your Taxable Account
A merger between the two would likely save $500 million in programming expenses a year, Ilkowitz said. But IHS cable networks analyst Erik Brannon said those savings may or may not trickle down to consumers, given the rising expenses and intense competition among cable providers. Netflix on your cable box? It may happen Meanwhile, further consolidation between the nation’s largest cable providers could raise concern among government regulators — most notably the Department of Justice and the Federal Communications Commission.
Emerging Stocks Rise on German Confidence as Real Climbs
The U.S. markets will be closed on Thursday for Thanksgiving and will shut down at 1 p.m. EST on Friday. Still, stocks have historically moved higher even as investors may be more focused on turkey and football.
Investors thankful for stocks at records
After a two-day $225 drop in mid-April, huge premiums in China and India for physical gold prompted participants to draw on their gold stocks to ship bullion into Asia for a much higher price compared to other parts of the world. “We can certainly see that the trend has deteriorated in terms of the flow of metals going from the West to the East,” said Suki Cooper, precious metals analyst at Barclays Capital in New York. “We have seen the sharp decrease in Comex stocks has stabilized, implying that the metal is not needed to be drawn.” In late October, Chinese gold prices fell to a discount to spot for the first time this year, as fears of a credit tightening prompted investors to sell bullion for cash. In India, gold excise tax hikes and import restrictions sharply undermined the country’s gold demand, even though premiums remained lofty there due to the supply crunch. India is set to lose its top-gold-consumer status to China this year.
In particular, using retirement accounts to their full potential while also being smart about how you invest in taxable accounts can make a huge difference to how much the IRS gets of your hard-earned money. In the following video, Dan Caplinger, The Motley Fool’s director of investment planning, takes a closer look at how to find smart stocks to buy for your taxable investment IRA. Dan notes that the ideal situation is to have buy-and-hold-forever stocks in your taxable account, as never having to sell means never having to pay capital gains taxes. In addition, minimizing dividends makes sense, as even with preferential rates, most taxpayers still have to pay some tax on dividend income. Dan concludes with some prospects for investors to consider.
As demand eases, US gold stocks rise to 7-month high
The real led gains among the 31 major currencies tracked by Bloomberg go to website as the government sold Brazils second-busiest airport for nearly four times the minimum bid. Stocks joined gains in global equities after data showed German business confidence surged to the highest level in more than 1 1/2 years, signaling that the recovery in Europe s largest economy remains on track. Todays airport auction in Brazil is part of a program by President Dilma Rousseff to attract investments to modernize infrastructure and boost expansion in Latin America s largest economy. Confidence is good, Kevin Caron, a Florham Park, New Jersey-based market strategist at Stifel Nicolaus & Co., which oversees about $150 billion, said by phone.