What does it mean to own shares in a “street name”
QuestionI received from a reader: What does it mean to own shares in a “street name” Some investors hold physical stock certificates; pieces of paper with their name on them that represent their ownership in a corporation. Other investors are invested in a DRIP, or dividend reinvestment program, and their shares are noted by the [...]
Can I Sue My Parent’s Broker? A Question from a Reader
Please forgive the rapidity with which this message is written – I’m preparing this week’s special feature on financial independence and wanted to respond given the nature of your email. Unfortunately, I’m not going to have time to go through and edit it so excuse me if it lacks eloquence. Although it is generally a [...]
Pre Paid Achieve Card
Comments OffThe Achieve prepaid mastercard or prepaid credit card issued by Palm Desert National Bank is a is a credit card designed for those that have little or no credit or those that have had difficulty obtaining a unsecured prepaid credit card in the past. Although the card does require a security deposit to be paid [...]
Getting Rich by Investing in an Excellent Business
At the annual meeting in 1996, Warren Buffett and Charlie Munger commented that, “If you find three wonderful businesses in your life, you’ll get very rich.” At the meeting one year later, he said, “The single biggest recurring mistake I’ve made has been my reluctance to pay up for outstanding businesses.” As a new investor, [...]
What’s The Easiest Way to Track My Investments?
Comments OffFor years, my favorite way to track investments was Microsoft Money Premium, which let you monitor everything from your bank accounts to your 401(k). Microsoft announced in 2009, however, that it was discontinuing the product because they didn’t see a market for it anymore because hundreds of brokerage firms and banks are offering free tracking [...]
