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Kuen (Scott) Chan
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Investing Daily's Real World Investing
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About Kuen (Scott)
Mr. Chan moved from China to the U.S. with family at the age of ten. He passed the rigorous entrance exam and attended the merit-based Stuyvesant High School, widely held to be best public school in New York City. He then attended New York University, double majoring in Psychology and East Asian Studies, plus an Economics Minor. After several years working in the Publishing industry, Mr. Chan attended the Zicklin School of Business, Baruch College to further his studies. In 2008, he graduated with a 3.9 GPA, earning an MBA degree with dual concentration in Finance and Computer Information Systems.Mr. Chan is a regular contributor to Investing Daily's financial newsletters. He is the editor of Brain Trust Profits and manages the FundFinds Portfolio in The Complete Investor.
Kuen (Scott)'s Articles
The end of the calendar year is when many investors execute trades in taxable accounts for tax purposes. To reduce capital gains taxes, they sell underwater positions to realize losses to offset realized gains. If doing so can put you into a lower tax bracket, loss harvesting can make quite a bit of a difference in the amount of taxes you have to pay, notes Scott Chan, editor of Investing Daily.
Kuen (Scott) Chan
TAXES
The Federal Open Market Committee (FOMC), the decision-making committee of the Federal Reserve, cut the federal funds rate by 50 basis points in mid-September. This is a big deal because the funds rate serves as the benchmark for important interest rates in real life. But it’s important for investors not to be too complacent, says Scott Chan, editor at Investing Daily.
Kuen (Scott) Chan
FEDERAL RESERVE
The composite rate for Series I Treasury Bonds for the first six months after May 1, 2024 is 4.28%. This rate is made up of a 1.30% fixed rate and a 1.48% inflation rate. But for income-oriented investors who can afford to stay in the market for at least a few years, I think stocks with growing dividends still make the most sense, counsels Scott Chan, editor of The Complete Investor.
Kuen (Scott) Chan
INCOME
Options offer leverage, allowing traders to pay a relatively modest premium to get exposure to 100 shares of the underlying stock per option contract. But as with stocks, just as you can buy options, you can also short them, also known as writing an option, counsels Scott Chan, editor of The Complete Investor.
Kuen (Scott) Chan
OPTIONS