Stock markets got you down?

Research shows that most investors are more depressed when they are loosing money, then happy when they are making money. Psychology plays a big part in investing and getting past your initial desire to get out, in a panic driven market, can go a long way over the long run. Many investors wind up buying high and selling low because they panicked and sold at or near the bottom. But what if they where buying in a correction instead of panic selling?

Many investors feel like they should have moved more money into cash before the markets started selling off and then repurchae their shares at a lower price, or that they should have held off on that investment a little longer until prices were even more attractive. It can be incredibly frustrating. But one cannot time the markets (at least not without a working time machine) and trying to do so will only loose you money. Instead we should all have a good strategy for dealing with market corrections, and taking advantage of hidden oportunities to build wealth.

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We have all heard one financial expert after another talk abut how important it is to have your investments diversified over various types of investments and as many unrelated sectors as possible. But you’d be surprised at how many people completely ignore this advice and stick their money in just a hand full of investments, or even worse just one. In a bull market one may feel safe doing this because most things are going up, however when the market turns bearish you can loose a lot of money real fast.

The following article demonstrates a real life example of what can happed if you put all your eggs in one basket. (more…)

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There are many income investors who look for monthly dividend payments in order to support their retirement income. Other investors who are not yet close to retirement want monthly dividends for faster compounding in their IRAs or other investment accounts.

The following is a list of more than 200 different stocks, REITs, CEFs, oil income funds, Canadian royalty trusts and floating rate funds, which pay their dividends monthly. All of these securities trade on the New York Stock Exchange (NYSE) or American Stock Exchange (AMEX). This list is sorter by yield with the highest at the top. Canadian companies are identified [Canada] because of their tax withholding issues.
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US lawmakers have just approved a $170 billion plan to spur the slowing US economy. The centerpiece of this plan is a “tax rebate”.

Who qualifies?
One-time rebates will be sent to at least 117 million low and middle-income households, 20 million senior citizens living off of Social Security, and 250,000 disabled veterans.

How do I qualify?
To be eligible for the full rebate, a single tax filer must have his/her 2007 adjusted gross income (AGI) below $75,000 and joint filers must have AGI below $150,000. You must also file a federal tax return for 2007.
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