Selling Covered Calls This strategy has the potential to add some income to your portfolio. Here is 4 steps in how to sell covered calls: 1. Select the Asset – choose assets to cover that don’t have much downside. Look for companies that have a good amount of cash, secure dividends and a stable [...]
Browsing Posts published in July, 2011
TIPS to Hedge Against Inflation TIPS have surpassed inflation seven out of the past ten years. Inflation has averaged 3 % since 1926 and still remains a serious risk for long term investors. A way to counter rising inflation is to invest in Treasury Inflation Protected Securities. TIPS have been the best performer relative [...]
Airport Travel Clubs – Independent Clubs A fairly new trend in airport clubs is the development of independent operated airport clubs located in large and small airports including some international airports such as Heathrow and Gatwick in the UK. In the US you will find independent clubs located in cities such as LAX, JFK, MIA [...]
High Yield Bonds High yield bonds still stay fairly calm in spite of market uncertainty. Considering municipal bonds and other markets, high yield corporate bond remained stable during recent sell off in global markets. Bond Calls have been active this year which limit further capital appreciation even if fundamentals are improving. When a bond [...]
Using ATM’s Overseas A follow to my last blog post dealing with the use of credit cards in Europe is a report recent article I read from Frommer.com using ATM machines overseas. It appears from the Frommer article that it is not uncommon for an ATM machine to cause problems. There are widespread reports of [...]
Loan Modification Hardship Letter During a loan modification program or workout, your lender or service provider may request that you submit a hardship letter. This letter is a key document in the effort to avoid foreclosure and outlines the issues that are affecting your ability to pay your mortgage. Hardship Letter Template can help [...]
Traveling Overseas with US Credit Cards As reported in a previous article the use of US credit card in Europe can be a hit and miss proposition. Over 130 countries world wide now uses smart cards instead of credit cards with magnetic strips which mean a US credit card may not work overseas. Stuck in [...]
State Taxes – Homes in Multiple States Some states have stringent residency rules, so you need to keep a close eye on those rules if you maintain two or more homes in multiple states. If you don’t keep a close eye on your situation you could owe additional taxes in other states. The tax [...]
Roth Re-characterization Roth re-characterization is a method a transferring a Roth back to a IRA after a Roth Conversion. Be aware that a Roth conversion that is undone, the tax free gains will be transferred back to a traditional IRA, thereby becomes taxable IRA at time of withdrawal from the IRA. Re-characterization allows the [...]
