Can’t Keep Up? How To Find Cost Basis For Your Investments

 

Wall Street Two Signs

There’s a critical issue investors face at year-end. If you sold a stock, mutual fund or bond investment, what is your cost basis? You need to know the cost basis to calculate the gain or loss on your investment. The calculation can be confusing- and simply finding cost basis information can be a hassle. Use these tips to make the process easier for you.

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What “It’s A Wonderful Life” Can Teach Us About A Bond Fund Closing

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I’m writing this during the holiday season, so I thought I’d use Frank Capra’s brilliant film, It’s A Wonderful Life, to explain a concept.

If you’re not familiar with the film, IMDB (a great site for movie fans) provides a plot summary. George Bailey manages the Building and Loan started by his father. On Christmas Eve, Uncle Billy loses $8,000 he intended to deposit at the bank. Evil Mr. Potter finds the money and hides it.

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Warning: Medicare and ACA Costs Will Impact Your Personal Finances

Stethoscope

It doesn’t matter if you’re young, old- or some age in between: health care costs are increasing. What matters is that you understand why costs are increasing, and what the financial impact is to you. Once you have that information, you need to fit that cost increase into you personal budget.

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3 Reasons Why Investors Love Predictability

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We all love predictability- just the word itself sounds great, doesn’t it? We want out cars to start on a cold winter morning. Travelers want that holiday flight to see the kids to arrive on time. All of us buy particular brands of food, because we know what we’re getting (I stick to Campbell’s Soup, thank you very much).

Investors also love predictability. They want to look at their monthly brokerage statement and see the results that they expect. Consider the pros and cons of predictability.

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