If Barack can do it, We (too!) can do it, Women!

If Barack Obama can defy the terrific odds of being raised by his grandmother instead of a nuclear family, graduate Harvard magna cum laude, become a community organizer in Chicago in 1985, serve Illinois as their Jr. Senator from 1996-2004, win their US Senate seat from 2005-2008, and later outsmart, outrun, and outfundraise Hillary Clinton to become the Democratic nominee, and ultimately win the prize of the United States of America’s first black President, then we women can surely push past our resistance to learning about our money. By comparison…well there really IS no comparison, period.

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Watch Out for Covert Capital Gains

Hey all you smart mutual fund investors, listen up! Check your accounts on line now, or call your broker or investment company,to see if your fund issued any capital gains this month. That’s right, even though your fund’s value probably took a nose dive, there very well may have been trading in that fund throughout the year that could have resulted in a capital gain. Mutual funds distribute the bulk of such gains during December to their shareholders, so you COULD owe income tax on capital gains even though your fund is sporting a big fat loss, or even a mild-paunchy loss…

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