Tax rates vary by state in the U.S. From sales tax to income tax and everything in between rates differ from one to another. A few states do not have either income or sales tax at all. For instance, there is no personal income tax in the state of Florida. Recently I learned that not …
Continue reading ‘Sales Tax on Grocery Items by State: Chart’ »
Success with investing in stocks requires more than following simple concepts such as Buy and Hold, Dividend Growth Investing, Buy Low and Sell High, Momentum chasing, etc. it requires more than anything picking the rights stocks or to be more precise – picking the winners than losers. This is because if an investor picks randomly …
Continue reading ‘Just 4% of US-listed Companies Created all the Wealth in 90 Years’ »
Under the House Build Back Better Act proposal, the US would have the third-highest combined top marginal tax rate on long-term capital gain taxes among OECD countries according to an article at the Tax Foundation. Currently Denmark has the highest rate at 42 percent followed by Chile. As an emerging country, Chile used to have …
Crude oil prices have been rising for a few months now and US crude price per barrel crossed $80.0 yesterday for the first time since 2014. Oil prices have soared by 125% since the end of last October. Higher crude oil prices lead to higher gas prices which then causes sticker shock to Americans. Gas …
One of the goals of this site is to educate investors about not only about potential investment opportunities but also help them learn about some of the basic concepts and topics in the investment world. In the past I have written many posts which are more educational in nature based on reader requests. The following …
Continue reading ‘What is the OTC Market? Is it Safe to Buy OTC Stocks?’ »