By Matt Dundas & Thomas Connelly Chinese e-commerce giant Alibaba Group (NYSE: BABA) made its explosive Wall Street debut on September 19th, as shares of the firm were sold to public investors for the first time ever in an initial public offering (IPO). The...
Index mutual funds and exchange traded funds capture more investment dollars every year as the theory of passive investing gains adherents. The advocates of this approach contend that actively searching for the best companies adds costs but little value-so why not...
Charitable giving in the United States has rebounded. In 2013, such donations were up 4.9% from a year earlier. According to the “Charitable Giving Report” for 2014, large nonprofit organizations grew by 5.7%, medium-sized organizations by 3.8%, and small...
A Section 529 college savings plan can be a tax-smart way to help your children pay for their higher education. But you should also be aware of several potential pitfalls of this planning device. Here’s a brief rundown on the main pros and cons. The Pros The...
If you’ve been tempted to contribute to a Roth IRA, or to convert some or all of the funds in your traditional IRAs into a Roth, it’s likely you’ve been influenced by the lure of future tax-free payouts. However, be aware this tax-favored treatment isn’t automatic, by...
