LIVING OFF DIVIDENDS & PASSIVE INCOME

I just saw an ad for Bank of America. They now offer $7 stock commissions. Thats a 30% discount on Ameritrade’s $9.99! Of course you need a Prima checking account to avail of this pricing. But if you have $100k in combined balances with them, you only pay $5!!!

Has anyone used them? I think the biggest advantage is the quick transfer of funds between your checking account and brokerage account.

• Vonage Does An About Turn The Wall Street Journal today reported that Vonage has denied all rumors that its going to let its customers off the hook if they no longer want their lousy shares!This is quite a change from its now alleged stance a couple of days ago. This will just serve to alienate......
• San Diego Condo Conversion Craze Cools Off There's a good article in the local paper on how San Diego is saturated with Condo Conversions that aren't selling. There are nearly 7,000 units in 111 complexes sitting on the market. In fact, in some places the developer has decided not to continue to sell them and just keep......
• Tax Arbitrage Merck has been sued by the IRS for $2.3 Billion for back taxes and penalties. It set up a company in Bermuda which owns its patents and then its pays that company royalties.It took advantage of what is often called "tax arbitrage." The usual strategy: lower a company's tax bills......

• Separate checking accounts, or keep them joint? I've read a number of articles dealing with the dynamics of personal finance with couples, and one suggestion that pops up pretty regularly is keeping separate checking accounts for discretionary spending, or even for regular monthly bills that are in one person's name or the other's.  The big motivations for......
• Weakon 217: FDIC Insurance    What is FDIC Insurance and how does it work?  Why do my tax dollars pay for FDIC Insurance? FDIC stands for Federal Deposit Insurance Corporation.  It was formed in 1933 by the Glass-Steagall Act.  Don't confuse corporation though, you won't find them on the New-York Stock Exchange.  They......
• Your Take: Do You Check Off $3 To The Presidential Fund? When you go to do your taxes this year, you will have the option to give three of your tax dollars to the Presidential Election Campaign Fund. $3 isn’t deducted from your refund or added to your tax bill, $3 from your taxes is simply allocated for the fund. The......

[All content is copyright of Living Off Dividends & Passive Income]

Random Posts

• January 18, 2008 -- $1921.11 In Passive Income For December ‘07!
• October 4, 2005 -- Manhattan property prices drop 13%
• January 25, 2010 -- Venezuela Devalues Its Currency
• January 5, 2008 -- Looking at CGMFX
• September 29, 2005 -- How I Started Investing In Real Estate
• November 10, 2005 -- Real Estate Meeting – John Schaub
• August 30, 2006 -- Amazon Magazine Promotion