This article is contrary to the way I like to invest – owning dividend paying large cap stocks, but it is still good to show an opposing view. See the details in USAToday – America’s Markets by Matt Krantz for the against the grain story: http://americasmarkets.usatoday.com/2014/05/01/uncle-sam-hates-these-6-stocks-youll-love/ In my opinion, I would rather have dividends paid by companies than growth through the stock itself (even though Berkshire Hathaway doesn’t pay a dividend and I own that stock). Cash flow through dividends and share buybacks add value; growth by companies without tangible cash payout can be accomplished by tricky bookkeeping while you can’t mess around with cash being paid out of a business. I like getting something tangible for my investment; too often the ‘growth’ can be fleeting and can disappear. Would rather have the cash, especially when the company has a history of raising its dividends year after year – sharing the profits with shareholders is always a good idea, promoting more demand for shares in the long term. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On [...]
CPA Financial Musings: Older savers pull ahead in the 401(k) race
See this article in MarketWatch from the Wall Street Journal by Anne Tergesen for 401(k) returns for the last year, plus increases in employer matching: http://blogs.marketwatch.com/encore/2014/04/29/older-savers-pull-ahead-in-the-401k-race/ It is interesting that the best returns and overall growth went to people 55 or older with at least 10 years service at their employer. This may have to do with a consistancy of investments more than anything else. If you are constantly changing jobs your 401(k) investments are probably changing too. It is good to see regardless. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa
Financial Musings of a Burbank CPA: Here’s Why Having One Credit Card Is A Terrible Idea
Having more than one credit card can be a definite advantage. Check out some disadvantages of having one card in this article in Yahoo Finance by Libby Kane: http://finance.yahoo.com/news/heres-why-having-one-credit-194000850.html You should always have a backup credit card on general principles (what if my card gets hacked, what if an emergency puts me close to my limit temporarily, etc.) A backup is always a good idea. Something to think about in the future. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa