Fool’s School
Reverse Mortgages
Reverse mortgages are not right for many people, but it’s good to understand them before dismissing them.
With a reverse mortgage, a homeowner receives a lump sum or regular payments based on the equity of his or her home, usually to help fund retirement. Full Story
My Dumbest Investment
Maxed Out on Pricey Options
Prior to the dot-com bubble that burst in 2000, I was maxing out my investing in stock options for Sun Microsystems, as an employee there. Every penny I could put in went toward buying stock. We’re talking about stock prices up to $130 per share. Well, you know the rest. By the time I sold, it was at $3 a share. Full Story
Name That Companyy
Two entrepreneurs from Germany founded me in Brooklyn in 1849.49. My first product was an antiparasiticsitic to treat the then-common problemm of intestinal worms. During the Civil War, I supplied painkillers, disinfectants and more. By the 1880s, citric acid, useded in newfangled soft drinks, becomeme my main product. I later offered vitamins ath and penicillin. Full Story
The Motley Fool Take
Intuitive Surgical: Plenty of Room to Grow
When Fool co-founder David Gardner first recommended Intuitive Surgical (Nasdaq: ISRG) in 2005, it was trading at $44. Recently the stock was near $435. Despite its meteoric rise, there’s still room for growth. Intuitive’s minimally invasive robotic surgical system continues to find increased acceptance for more clinical applications and to see increased use in the U.S. Full Story
Last week’s trivia answer
Based in Danbury, Conn., I’m a leading interior design company, making and selling home furnishings that range from sofas, bedding and media cabinets to clocks, candle holders and artwork. I offer free interior design services through my website and 280-some Design Centers. Full Story
Ask the Fool
Back to Basis
QWhen selling a stock, how do I determine my cost basis and my gain?
—D.Y.,San Ramon, Calif. AImagine that you buy 100 shares of
Sisyphus Transport Corp. (ticker: UPDWN) for $40 each, paying a $15 commission. Your cost basis is the purchase price ($4,000) plus the commission, or $4,015. The basis per share is $4,015 divided by 100, or $40.15. Full Story
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