Income can refer to cash flow derived from a variety of sources, including personal earnings, investment earnings, businesses or even real estate. These forms of income are generally referred to as earned income. There are also sources of unearned income, particularly when discussing investments. Dividends, capital gains and interest are common examples of unearned income.
Submitted by tom on
A recent article published by ABC News discusses the advantages of building your own annuity by using "technical computer models" to "engineer portfolios" with "a variety of bonds and stocks with the aim of allowing retirees to get the income they need in the short run while protecting their assets in the long
The proposed regulation that could expand fiduciary status to a broader set of financial advisors appears to be pending in Congress.
The Dodd version from the Senate Banking Committee would potentially extend fiduciary status to broker-dealers and registered representatives. Broker-dealers are currently exempt from the Investment Advisers Act which defines fiduciary status.
Submitted by tom on
From the Wall Street Journal, so somewhat second-hand.
