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Forbes - Personal Finance
Forbes - Personal Finance


Video: Marotta on Money

by David John Marotta
4 Feb 2012 at 7:48pm
David John Marotta explains that the purpose of Marotta On Money is a weekly financial column and daily financial blog about the comprehensive wealth management small changes that have a large effect over time.

GE Catches Renewed Investor Attention As U.S. Economy Picks Up More Steam

by Gene Marcial
4 Feb 2012 at 8:46am
Almost suddenly, General Electric (GE) has caught renewed investor attention as the latest stream of fresh government data emitted signals that the economy is finally turning the corner towards a strong recovery.

With Indictments, IRS Will Get More Data From Swiss

by Robert W. Wood
4 Feb 2012 at 5:34am
The indictment of the Wegelin, the oldest Swiss private bank, moves the global banking transparency battle from bows and arrows to nuclear weapons. Do Swiss bankers' nerves fray after Wegelin indictment? Yes, no question.

When A Housemate Is A Dependent (And A Tax Break)

by Ashlea Ebeling
3 Feb 2012 at 8:19pm
Could Liz Lemon (Tina Fey) snag a tax break for supporting her slacker boyfriend who?s moved in with her on NBC?s 30 Rock? Maybe. If your boyfriend, grandma or unemployed brother is crashing on your pull-out couch, you might be able to claim them as a dependent on your federal income tax return. Yes, it?s not just children, or even relatives, that can count as dependents, but unrelated friends whom you support and who live with you. The idea is these folks aren?t filing tax returns and taking a personal exemption for themselves. So you add them to your return as a dependent, taking a dependent exemption, and share the wealth.

NY Times Is Wrong About Maximizing College Aid Chances

by Troy Onink
3 Feb 2012 at 4:50pm
Today's article on the New York Times website, "Expert Advice on the Best Ways to Secure Financial Aid,"  is a glaring example of more bad college advice. To say that parents should, "Embrace the fact that there is no 'secret,' no magic way to increase your aid chances," is misleading at best.

Daily Wrap: 2/3/2012

by MarketNewsVideo
3 Feb 2012 at 4:01pm
A big rally is underway after a surprisingly good jobs report. According to the government unemployment fell to 8.3% last month, the lowest in 3 years. That news sent the Dow to it's highest level since 2008. At around 1 this afternoon the Dow was up almost 1.2%, the Nasdaq was up 1.6% and the S&P 500 is up nearly 1.4%.

Weekly Market Wrap: 2/3/2012

by MarketNewsVideo
3 Feb 2012 at 3:54pm
This fifth trading week of 2012 comes to a close with investors sending stocks higher on strong employment data.

Qatar Buys World's Most Expensive Painting

by Natalie Robehmed
3 Feb 2012 at 3:33pm
Cezanne's The Card Players has been sold to Qatar's royal family for more than $250 million, the highest price ever paid for a work of art.

New: Taxation of Frequent Flier Miles

by William Baldwin
3 Feb 2012 at 3:08pm
Citibank wants you to pay income tax on frequent flier miles. Eeek!

IRS Tackles Giants Safety Antrel Rolle--Hard

by William P. Barrett
3 Feb 2012 at 2:00pm
In Sunday's Super Bowl XLVI, star New York Giants defensive safety Antrel Rolle hopes to make some big plays against the New England Patriots. If he matches what the Internal Revenue Service did to him, he'll be a standout.

Raymond James CEO Reilly Justifies Billion-Dollar Deal (VIDEO)

by Steve Schaefer
3 Feb 2012 at 2:00pm
A year ago, in a meeting at Raymond James Financial?s St. Petersburg, Fla. headquarters, Chief Executive Paul Reilly told me the firm was content to grow organically and make small acquisitions to fill out product lines or geographic gaps. In further conversations he used the term ?bite-size? to describe the kinds of deals he would consider.

My Dad's Guide to Watching the Super Bowl

by Justine Rivero
3 Feb 2012 at 1:32pm

Analyst Moves: RIMM, ANF

by MarketNewsVideo
3 Feb 2012 at 12:58pm
Research in Motion (RIMM) was downgraded today by Jefferies (JEF) to underperform from hold with a price target of $15 price target, ad the company may delay or abandon plans to license its OS.

Analyst Moves: APA, NOV

by MarketNewsVideo
3 Feb 2012 at 12:57pm
Apache (APA) was assigned a new outperform rating today by Credit Suisse (CS) with a $120 price target, as recent acquisition moves should lead to accelerated growth.

Daily Dividend Report: SPG, PEP, ADM, WYNN, PRE

by MarketNewsVideo
3 Feb 2012 at 12:55pm
Simon Property Group (SPG) announced its quarterly dividend of 95 cents per share, an increase of about 6% over its prior dividend in November of 90 cents. The company also reported that it earned $363.8 million, or $1.24 a share, last quarter, compared with a profit of $218.8 million, or 74 cents a share, in the same period last year, beating analyst estimates of 90 cents.

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