Dividends add value to a stock by offering investors a cash or stock payout simply for holding shares. Dividends are especially popular among long-term value investors since they provide a relatively stable income source, but they can also increase the value of stocks for day traders. Importantly, dividends are not free and can play an […]

How much should a taxable bond portfolio hold in tax-exempt US municipal bonds? Benjamin Doty, CFA, offers his analysis.

Last week when I was in Japan, I met up with an old friend of mine who is a senior executive at one of the world’s largest automobile manufacturers. He’s one of the top people in the organization– reports to the CEO, flies around on the corporate jet, the whole nine yards. So he knows […]