Invest In Biotech Stocks For The Long-Term?

I wrote an article titled “Eight Points To Remember About Biotech Stocks” earlier this month. The following is an update to that post. Biotech stocks have been in the news lately. The sector is inherently volatile as I explained in the above post.The dramatic decline and fall of Valeant Pharmaceuticals International, Inc. (VRX) is a classic example …

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Long-Term Investors Should Ignore Volatility And Buy The Sharp Market Dips

Equity markets worldwide have stabilized in the past few weeks.Before that markets went on a roller-coaster ride due to a multitude of worries including the great Chinese slowdown, crash in commodity markets, the Federal Reserve interest rate hike, emerging markets’ currency crashes, plunge in oil prices, etc. However all of these issues should not be a great …

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An Important Update On Canadian Reduced Tax Withholding Rate For US Investors

US investors holding Canadian stocks can get a favorable dividend withholding tax rate due to the treaty between the two countries. The actual withholding rate for stocks held in taxable accounts is 25%. Due to the treaty, this tax rate is reduced to 15%. However in order to receive this lower US investors have to …

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Australia’s Westpac Banking Stock In Trading Halt

The stock of Westpac Banking Corp(WBK) of Australia is currently on a trading halt. Hence the ADR did not trade yesterday (Wednesday) on the NYSE. The halt is in place due to the rights offering the bank announced on Tuesday. So the stock will open for trading on Monday (10/19/15) on the Australian and other exchanges including …

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