I noticed a very unusual transaction in my Fidelity CA AMT-Free Money Market account. The transaction history is showing a long term capital gains distribution:
Unlike the regular long-term capital gains in most equity or bond funds, there is no change in the NAV (it remains at $1). Normally, income dividends from this fund are tax-free […]
With the removal of the sunset provisions of the tax-free withdrawal status from 529 college savings accounts, the 529 account is now more attractive than before. In particular, for qualified withdrawals, it functions effectively the same as a Roth account, where contributions are made with after-tax money and all withdrawals are tax-free.
For high income earners […]
Diehards conversation 54796, titled “Some plausible worst-case USA scenarios?”, raised some questions about investing in the US stock market. The issues raised included terrorism, inflation and loss of confidence in the US dollar.
Response #6 was a great reply from Taylor:
I have been around for 82 years and am able to take a longer view. In […]
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