background preloader

AAII

AAII

buyupside Coverdell Account The special rules that apply here are favorable in some ways and unfavorable in other ways. The tax law provides somewhat unusual treatment under the estate and gift tax for both Coverdell accounts and 529 plan accounts. On the whole these rules are favorable, but they have unfavorable aspects. Contributions A contribution to a Coverdell account is treated as a completed gift of a present interest. However, a contribution to a Coverdell account does not count as a tuition payment that can be excluded from gift tax treatment. Withdrawals Given that you're making a gift when you put money into a Coverdell account, you would expect to find that you're not making a gift when you take money out. Change in Beneficiary When you change the beneficiary of a Coverdell account you're changing the owner. Treat the beneficiary's spouse as being in the same generation as the beneficiary, no matter what the difference in ages. Gift Greater than the Annual Exclusion Amount Estate Tax

Wall Street Journal - Wsj.com SmartMoney Top 5 Investment Sites | New Rules of Investing Yahoo Finance is the 800 lb gorilla in best investment sites. Yahoo essentially democratized financial information. While not the first to do so, Yahoo made it easy for investors to study companies’ balance sheets and income statements. As Reg FD leveled the investing playing field by prohibiting selective disclosures, new sites have arisen that provide tremendous value in the research process. **Recommended: In my new book, I write about many of these sites and how investors can leverage them to make better, more informed — and accurate — investment decisions. 1. Expert Communities are comprised of groups of people used to conduct professional research. Top Sites: Covestor, Wealthfront 2. Created by a professional investor and analyst, James Altucher, this site follows portfolio moves of mutual fund and hedge fund managers. Top Sites: Alpha Clone, Stockpickr, GuruFocus 3. What began as the mouthpiece of an ex-investment bank analyst blossomed into a full-fledged media company. 4. 5. 6.

Validea The names of individuals (i.e., the 'gurus') appearing in this report are for identification purposes of his methodology only, as derived by Validea.com from published sources, and are not intended to suggest or imply any affiliation with or endorsement or even agreement with this report personally by such gurus, or any knowledge or approval by such persons of the content of this report. All trademarks, service marks and tradenames appearing in this report are the property of their respective owners, and are likewise used for identification purposes only. Validea is not registered as a securities broker-dealer or investment advisor either with the U.S. Performance results are based on model portfolios and do not reflect actual trading.

Wallstreet Survivor Do Julian Robertsons Tiger Cubs Have Alpha? Julian Robertson is a hedge fund legend. He stopped managing money for his clients more than 10 years ago, but he is still widely followed in the media and his comments attract a lot of attention. His stellar track record is to credit. Robertson is also a legend because the people who used to work for him went on to build their own stellar track records. Comparing raw return numbers may give you an idea about a hedge fund’s performance but you need to do an in-depth analysis to see the source of a hedge fund’s returns. We calculated Tiger cubs’ alpha for the entire 9 year period, for the first 6 years and the last 3 years using Carhart’s four factor model. The tiger cubs’ alpha was 146 basis points per month between 2000 and 2005. Tiger cubs’ alpha was 39 basis points per month between 2006 an 2008. We don’t have this index for 2009-2010, so we don’t know how their alpha changed during the past couple of years. John Griffin - Blue Ridge Capital Chase Coleman - Tiger Global

Related: