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Tip of the Day

Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

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Federal Taxes

Definition: These are taxes that you pay to the federal government that are used for federal programs like defense and education.

TeenAnalyst Advice: Nobody likes paying taxes; but they're necessary for the country to operate.  The nice thing about federal taxes is that it's not too hard to get a refund on what you had withheld from your paychecks.When you fill out your 1040, you'll have to attach another sheet with information about your investments (if you have any).  You'll have to pay taxes on your dividends and capital gains, unless they're in a tax-sheltered investment vehicle.

 

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Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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