The Stock Prospector Edition
25 October 2012
Finally, an Economical Choice for Finding New Stock Ideas
ICLUBcentral has just released a new online stock search tool, myStockProspector.com. This tool is the successor to our Stock Prospector for Windows program, with some additional features but, most importantly, now available online and accessible by any Web browser on any operating system: Windows, Mac, Linux, etc.
myStockProspector.com is an easy yet powerful way to search for stocks that fit the specific needs of your or your investment club's portfolio.
It's the only stock screener available on the Internet that caters exclusively to long-term-oriented investors, offering the ability to search on 10-year growth rates of sales, earnings, profit margins, cash flow, and much, much more. In addition, finely tuned proxy judgment helps to screen for stocks that may be poised for strong future growth, and industry comparisons help you find those companies most likely to outperform their peers.
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Why Should Our Investment Club Avoid REITs?
Lawrence S. asks: "The topic of REITs came up at our last club meeting as a category to investigate. I offered to look further into the topic and later remembered reading that 'some' investments proved to be tax reporting 'nightmares.' I ask you my question not to debate but rather to learn more information I might report back to my club."
The problem with holding real estate investment trusts (REITs) in a partnership has nothing to do with our club accounting software, Club Accounting 3 or myICLUB.com, but with how the dispensation of REIT income is reported to shareholders, which is not conducive to investing partnership accounting principles.
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Do You Know How Much Your 401(k) Charges in Fees?
Although the new fee disclosures that now come with 401(k) defined-contribution plans and IRAs aren't light reading, the financials services research firm LIMRA recently found that less than two-thirds of Americans are spending much time pouring over the material.
That means they're most likely missing data on how much fees will eat into their retirement savings.
You can review the key findings of LIMRA's report here, while SmartMoney magazine also takes a look at the report.
So, do you know how much your 401(k) is charging you in fees? Have you received or read the new disclosure statements required by law? What's your take on the new regulations? Let us know your thoughts!