Financial Tips for Young people from Scott Pape – The Barefoot Investor
My interview with Scott Pape – the Barefoot Investor. Listen to financial tips for young people.
Archive for April, 2010
Capital Gains and Losses and the 50% discount
A Capital Gain/(Loss) is an increase/(decrease) in the value of an asset from purchase to sale.
For example: If you bought shares for $1,000 and sold them for $2,000 then you would have a capital gain of $1,000.
Also, if you bought shares for $1,000 and sold them for $500 then you would have a capital loss [...]
Benefits of owning shares – Dividends
Getting dividend income from shares is a way of getting income where you get a credit for tax paid by the company.
Shares 101 – What is a share? What is a company?
A share (or stock as they call them in the USA) is part ownership of a company. To truly understand what a share is (and how it works) – you need to understand what a company is and how they work.
I don’t own shares
You might say – this doesn’t apply to me as I don’t own [...]
My $60,000 birthday present
For my birthday my bank gave me $60,000.Pretty good present.
Well, OK it wasn’t a present… it was a loan.