Summary
Investing Insights is CNN Tech's weekly, offbeat look at what's trending on the Web. This week, we look at Tesla, JPMorgan Chase and the proxy ballot. Plus, how to prepare for the next tax season. We also look at the impact of climate change resolutions on shareholders.
Shareholders are asking the bank to produce a clean energy finance ratio. Bank of America opposes this resolution because they feel that the methodology for calculating it isn’t developed enough. A vote is coming up next month on whether DTE Energy DTE should publish a climate transition plan.
Jack in the Box shareholders voted in favor of the fast-food chain reporting its greenhouse gas emissions. Sheryl Rowling: This is a board that clearly has not got the message that you’ve got to consult with shareholder proponents when they file the shareholder resolution.
You can take advantage of different types of accounts and how they’re treated taxwise. In your regular investment account, you pay tax when you get interest or dividends or when you make a sale. In a Roth IRA, you don’t get a deduction when you put the money in, but it grows tax-free.
Sheryl Rowling: There are two different times to think about a Roth IRA. If you’re in a low tax bracket, it’s not going to cost you very much. You can also contribute shares of stock or mutual funds. You get a deduction for the full fair market value, but you don’t pay tax on the gain.
Investing Insights is CNN.com's weekly, offbeat look at what's happening in the investing world. This week, Jarrett Bellini takes a look at a company that's been in the news for more than a decade. Follow Morningstar on Twitter and Facebook.
