What is the safest way to invest money with no loss in iras or cds?

Answer The Securities and Exchange Commission notes that many Americans are looking to certificates of deposit (CDs) as a safe place to invest their money. It warns, however, that not all CDs carry the sa... Read More »

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IRS Question: Where Can I Find Information on Loss of Money in IRAs for Taxes?

In a taxable account, you can separate out the investment losses from a single stock or mutual fund to reduce your taxable income. But as IRS Publication 590 makes clear, when your investments are ... Read More »

What is the safest weight loss pill?

On One Hand: Alli and Prescription Meds Are SafeThe only doctor approved weight loss pills on the market are Alli, which blocks fat from being absorbed into your bloodstream, Xenical, which is like... Read More »

Rather than save money, would it be wise to invest money into a constantly expanding portfolio?

Assuming you pick good companies, not necessarily high rated companies. It is not wise to put too much faith in how Wall Street analysts rate companies. They are always too optimisitic. And you ... Read More »

What year did Westart start to allow regular IRAs to roll over to Roth IRAs?

The year traditional IRAs were first allowed to covert into Roth IRAs was 1998. This was established by the Tax Payer Act of 1997 that became effective on January 1, 1998.Source:Congressional Budge... Read More »