Sam's club Mastercard gives 5% on gas and 3% on restraints. Only drawback is you get a check for all your cash back once a year.

I had some restricted stock many years ago. I don't know if things have changed since then (this was about 20 years ago), but you couldn' just sign them over to a broker and have him sell them. I found I would have to go to a lawyer and have him do some magic before they could be sold. Unfortunately...

For a long time now short term capital losses are treated no differently than long term capital losses.
Norm

I did receive a notice from them saying I would get a new card and number in July, but I guess I didn't read it carefully enough. I thought it would still be an AMEX card. I also see on their site that it will be a VISA card. Like you said, this is an advantage.

<<< They dumped AMEX and turning everyone into VISA.>>>

Fidelity has not notified me of this. Where did you hear this?

Fidelity has an AMEX 2% back on everything that goes Into your brokerage account. No fees. I use it for everything but gas and restaurants . I have a M/C card that gives me 5% on gas and 3% on restaurants. The only minor drawback is that AMEX is not that widely accepted.

According to Longrundata.com, VGSIX  Vanguard's REIT index fund for the past 20 years the total return was over 11% annualized not 4 %.

Where did your data come from?  I don't believe REIT's only returned 4 % annually over the past 20 years.  Perhaps
without counting dividends.  I also don't believe the S&P 500 out performed REIT's over the 20 years.  I suspect
something is wrong here.
Norm

A very famous quote of Will Rogers: When asked what political party he was a member of, Rogers said I don't belong to an organized political party, I'm a democrat.

Best Salad Break up a hard boiled egg with a whisk into small pieces.  Grate about 1/2 a wedge of parmesian cheese and squeeze one clove of garlic.  Add 2 oz. salad oil and 2 oz. red wine vinegar mix together with whisk.  Cut up either one red pepper or one tomato (I prefer red pepper) also romaine ...

I have had back and neck pain for over 15 years.  I found that in general chiropractors, massage therapists, etc. only work on symptoms.  although they may provide temporary relief, they don't cure.  I have tried most everything and finally found some help with The McKenzie Method.  I would highly r...

I personally never had a rental propery, but as a tax preparer, I have had numerous clients with rental proprties.  Some things to consider: - It is not three times the work to have 3 rental properties as it is to have 1 (there are definitely economies of scale). - If you have a lot of other income,...

You might not be aware that there are some tax deductions related to long term care insurance premiums.  Premiums do count as medical expenses, although there are limitations based on age, besides the 7 and 1/2 % floor.  Also many states have credits and special deductions (Maryland for example has ...

Hi Sophie:         Part of the benefit of rental property is being able to offset ordinary income from paper losses (mainly from depreciation).  Since 1987 these losses are limited to $25K/year and even could be partially or totally postponed  if you have adjusted gross income > $ 100K.  In the past...

The mutual fund contains REIT's in it.  Currently almost 10%.  I think generally at around  7 and 1/2%.  A large part of the stock allocation (generally 15 % of the total portfolio) consists of stocks of natural resources and REIT's.

I am a retired CPA that had an individual tax practice up until 8 years ago.  I wasn't Into corporate tax, but you might want to Google section 1244 stock losses. For some cases this section of the tax code allows you to treat small business losses as ordinary.This means if you satisfy the requireme...

The mutual fund (PRPFX) currently has about 8.3% of total assets in REITS.  That seems like a pretty good number.  Studies have shown that 10-15% is best, but these studies were done quite some time ago.  I believe REITS are less beneficial as a diversifier than in the past.  I don't currently have ...

      I think the way to go is to buy the 3 U.S. majors - XOM, CVX & COP.  I might have been early, but I recently bought all 3.  If they drop further,  I will buy more.  On average, they have yields of about 4% and low payout ratios.  XOM has the lowest yield (3%), but is the best of the 3.  Al...

That is why bonds and gold are outperforming stocks

Perhaps this is true over a very , very short time frame like perhaps a week or two.  Over the past couple of years stocks have way outperformed bonds and gold

As long as long term interest rates remain low, stocks are a good place to be.

I am sorry if this comes off as nasty, as that is not my intention; but if you don't understand how this works, perhaps you shouldn't be investing.

This thread reminds me of a joke:  Rene Descartes (back in the day) walks into his favorite local bar and sits down.  The bartender asks him if he will have his usual, and Rene says I think not.  He immediately vanishes.
Norm

Today I sold all my gold (GTU) and my treasuries (actual 30-yr treasury bonds and TLT).  I didn't have any cash in my PP, but I had individual stocks which I have discussed in previous posts.  I kept 12 of my stocks (AMZN, AZO, BCPC, CHD, FLO, JBHT, ROL, ROST, RYN, SKT, SRCL & SXL) and sold 2 (C...

I suspect gold has just about bottomed out.  With the mining costs currently higher than the value of gold, I suspect demand will overcome supply soon and prices will at least level off if not rise a bit.
Norm

And here I thought you were referring to  Frank Zappa's album!  One of the songs being "Don't Eat the Yellow Snow"