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Reid and Associates clients
can view their account online for free. Call our help desk at
1-877-488-3748. A client service representative will help you setup an
online username and
temporary password to get you started. Your online account gives you access
to real time quotes and up to the minute account activity.
(518)458-7445
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Welcome To Reid & Associates LLC Online
New
Cost Basis Rules Effective January 1st, 2011 - Please
click on this link to read very important information regarding the new IRS
cost basis reporting rules.
Price-to-Earnings Ratios & Dividend
Yields on Major Indexes
| |
P/E RATIO |
DIV YIELD |
| |
12/6/2011 |
Year ago |
Estimate |
12/6/2011 |
Year ago |
| Dow Industrial |
13.14 |
14.48 |
12.35 |
2.59 |
2.52 |
| Dow Transports |
21.15 |
29.43 |
21.27 |
1.58 |
1.51 |
| Dow Utility |
14.84 |
13.40 |
13.89 |
3.93 |
4.39 |
| Russell 2000 |
37.74 |
80.93 |
21.50 |
1.64 |
1.27 |
| Nasdaq 100 |
11.14 |
12.37 |
13.43 |
1.03 |
0.80 |
| S&P500 |
14.35 |
17.50 |
12.57 |
2.15 |
1.92 |
| |
p/e based on as-reported earnings, estimates based on operating earnings. |
Table of Market Index Returns
|
Cumulative Total Returns |
Average Annual Total Returns |
| As of Sept. 30, 2011 |
YTD 2011 |
1 Year |
3 Years |
5 Years |
10 Years |
| Indexes* |
|
|
|
|
|
| Standard & Poor's 500 Index |
-8.69% |
1.13% |
1.23% |
-1.18% |
2.81% |
| Dow Jones Industrial Average |
-3.91% |
3.82% |
3.13% |
1.36% |
4.69% |
| Nasdaq Composite Index |
-8.95% |
1.97% |
4.91% |
1.35% |
4.89% |
| MSCI World Index |
-11.82% |
-3.84% |
0.50% |
-1.68% |
4.24% |
| MSCI EAFE Index |
-14.62% |
-8.94% |
-0.66% |
-3.00% |
5.48% |
| BarclaysCapital U.S. Aggregate
Index |
6.65% |
5.26% |
7.97% |
6.53% |
5.66% |
| *Indexes
are unmanaged, and, therefore, have no expenses |
| 9.19.11
|
The Following are current S&P Ratings on U.S. States
STATE
RATING/OUTLOOK
Alabama AA/Stable
Alaska AA+/Stable
Arizona AA-/Negative
Arkansas AA/Stable
California A-/Stable
Colorado AA/Stable
Connecticut AA/Stable
Delaware AAA/Stable
Florida AAA/Stable
Georgia AAA/Stable
Hawaii AA/Stable
Idaho AA+/Stable
Illinois A+/Negative
Indiana AAA/Stable
Iowa AAA/Stable
Kansas AA+/Stable
Kentucky AA-/Stable
Louisiana AA/Stable
Maine AA/Negative
Maryland AAA/Stable
Massachusetts AA+/Stable
Michigan AA-/Stable
Minnesota AAA/Stable
Mississippi AA/Stable
Missouri AAA/Stable
Montana AA/Stable
Nebraska AAA/Stable
Nevada AA/Stable
New Hampshire AA/Stable
New Jersey AA-/Stable
New Mexico AA+/Stable
New York AA/Stable
North Carolina AAA/Stable
North Dakota AA+/Positive
Ohio AA+/Stable
Oklahoma AA+/Stable
Oregon AA+/Stable
Pennsylvania AA/Stable
Rhode Island AA/Stable
South Carolina AA+/Stable
South Dakota AA+/Stable
Tennessee AA+/Positive
Texas AA+/Stable
Utah AAA/Stable
Vermont AA+/Stable
Virginia AAA/Stable
Washington AA+/Stable
West Virginia AA/Stable
Wisconsin AA/Stable
Wyoming AAA/Stable
RECENT ACTIONS
STATE
TO
FROM
DATE
Massachusetts AA+/Stable
AA/Positive
9/16/11
Ohio AA+/Stable AA+/Negative
7/15/11
Florida AAA/Stable AAA/Negative
7/12/11
California A-/Stable
A/Negative
7/7/11
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12.20.10
|
Key Provisions of
the Extension of the Bush Tax Cuts
The recent signing into law
of H.R. 4853 — The Middle Class Tax Relief Act of 2010 — represents
the most significant tax law in a decade. At a cost of $858 billion, it
represents a tremendous investment at a time when the nation’s
economic recovery is fragile. In addition to extending tax rates that
were due to expire at year-end, the new law extends certain unemployment
benefits through the end of 2011.
|
Individual taxes
|
Description
|
|
Current
tax rates extended through end of 2012
|
- 35%
maximum ordinary income tax rates
- 15%
maximum long-term capital gains and qualified
dividends rates
|
|
AMT
relief
|
- Exemption
amounts increased:
- 2010:
$72,450 (couples); $47,450 (individuals)
- 2011:
$74,450 (couples); $48,450 (individuals)
|
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Payroll
tax for Individuals
|
- Reduced
from 6.2% to 4.2% for 2011
|
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Estate taxes
|
Description
|
|
Increase in the estate
tax exemption amount
|
- Estate tax exemption amount increased to
$5 million for 2011 and 2012
|
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Maximum estate and gift
tax
|
- 35% maximum rate will be in place through
2012
|
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Repeal of carryover cost
basis for 2011 and 2012
|
- Inherited assets receive full “step-up”
in cost basis
|
|
Option to utilize unused
portion of deceased spouse’s estate tax exemption
|
- Through 2012, surviving spouses can apply
any unused portion of their deceased spouse’s exemption, up
to $5 million, toward reducing their taxable estate
|
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Education funding
|
Description
|
|
American Opportunity Tax
Credit
|
- $2,500 per student maximum annual credit
extended through 2012
|
|
Coverdell Education
Savings Accounts (ESAs)
|
- $2,000 contribution limit extended through
2012
- Accounts can still be used to fund private
elementary and high school expenses
|
|
Student loan interest
deduction
|
- $2,500 maximum deduction extended through
2012
|
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Above the line deduction
for qualified tuition and related expenses extended through 2011
|
- $4,000 maximum deduction for taxpayers with
AGI of $65,000 or less ($130,000 for joint returns); or
- $2,000 maximum deduction for taxpayers with
AGI of $80,000 or less ($160,000 for joint returns
|
|
|
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|
Here's why your
bank is offering you a CD for 1% or less.
Look at how much
the 1 year U.S. Treasury Rate has dropped during the last 10 years even
though your cost of living has continued to go up!
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1
Year Constant Maturity Treasury Rate
|
|
Month
|
2000
|
2001
|
2002
|
2003
|
2004
|
2005
|
2006
|
2007
|
2008
|
2009
|
2010
|
|
Jan
|
6.12%
|
4.81%
|
2.16%
|
1.36%
|
1.24%
|
2.86%
|
4.45%
|
5.06%
|
2.71%
|
0.44%
|
0.35%
|
|
Feb
|
6.22%
|
4.68%
|
2.23%
|
1.30%
|
1.24%
|
3.03%
|
4.68%
|
5.05%
|
2.05%
|
0.62%
|
0.35%
|
|
Mar
|
6.22%
|
4.30%
|
2.57%
|
1.24%
|
1.19%
|
3.30%
|
4.77%
|
4.92%
|
1.54%
|
0.64%
|
0.40%
|
|
Apr
|
6.15%
|
3.98%
|
2.48%
|
1.27%
|
1.43%
|
3.32%
|
4.90%
|
4.93%
|
1.74%
|
0.55%
|
0.45%
|
|
May
|
6.33%
|
3.78%
|
2.35%
|
1.18%
|
1.78%
|
3.33%
|
5.00%
|
4.91%
|
2.06%
|
0.50%
|
0.37%
|
|
Jun
|
6.17%
|
3.58%
|
2.20%
|
1.01%
|
2.12%
|
3.36%
|
5.16%
|
4.96%
|
2.42%
|
0.51%
|
0.32%
|
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Jul
|
6.08%
|
3.62%
|
1.96%
|
1.12%
|
2.10%
|
3.64%
|
5.22%
|
4.96%
|
2.28%
|
0.48%
|
0.29%
|
|
Aug
|
6.18%
|
3.47%
|
1.76%
|
1.31%
|
2.02%
|
3.87%
|
5.08%
|
4.47%
|
2.18%
|
0.46%
|
0.26%
|
|
Sep
|
6.13%
|
2.82%
|
1.72%
|
1.24%
|
2.12%
|
3.85%
|
4.97%
|
4.14%
|
1.91%
|
0.40%
|
0.26%
|
|
Oct
|
6.01%
|
2.33%
|
1.65%
|
1.25%
|
2.23%
|
4.18%
|
5.01%
|
4.10%
|
1.42%
|
0.37%
|
|
|
Nov
|
6.09%
|
2.18%
|
1.49%
|
1.34%
|
2.50%
|
4.33%
|
5.01%
|
3.50%
|
1.07%
|
0.31%
|
|
|
Dec
|
5.60%
|
2.22%
|
1.45%
|
1.31%
|
2.67%
|
4.35%
|
4.94%
|
3.26%
|
0.49%
|
0.37%
|
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MoneyCafe.com
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2011 IRA Contribution Limits
Traditional and Roth IRAs
$5000 if under age 50 $6000 if over
age 50
Simple IRAs
$11500 if under age50
$14000 if over age50
Note: In future
years, IRAs contribution limits will be
adjusted annually based on an inflation amount to be determined
IRA
Rollover FAQs
2011
Tax Facts
2011
Tax Rates
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