Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
Happy Thanksgiving
I’m a day late in the Thanksgiving wishes. So Happy Black Friday. I did find some interesting Thanksgiving Financial Trivia. It seems Thanksgiving time is steeped in a history of debt and high interest rates. The Pilgrims had to borrow to get here and at 30-70% rates. Just something to think about while you’re waiting in line for all those special deals today.
Twinkies Bubble
We lost an icon recently when Hostess closed it’s doors for the last time. The everlasting Twinkie and other Hostess brands were tasty treats of urban legend. When the news broke, Twinkie prices spiked as customers feared losing the inside out pound cake. There’s no need to worry though. There are already suitors for the name brands and recipes. Which still have value. The rush on stores proved it. You Twinkie addicts will get your snacktastic fix soon. Continue Reading…
There are many ways to invest in foreign companies. International funds are the most common. But what about individual stocks? An ADR is an easy way to buy foreign stocks through your broker.
One of the hard parts of investing is knowing when to sell once you have a profit. Another is selling too early and missing out on more profit. And, of course, through all that, you still want to protect your profit so it doesn’t become a loss. Which all sounds complicated, but a trailing stop order covers all of this and more.
The tax code is constantly changing. Sometimes you can get a leg up on next year’s tax changes by taking advantage of any current favorable tax code.