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Thomas Smicklas

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  • How To Allow Your Children To Retire Young [View article]
    Diego, my friend. You presented a nice article.

    If I were you, I'd begin to plan your next article - perhaps on the defense sector.

    Writing is a great learning tool.
    Mar 4 06:28 PM | Likes Like |Link to Comment
  • Why I Would Rather Buy REITs Than Buy A Rental Home For Income [View article]
    The author does validate one rule of wealth management. Don't invest in anything you don't understand.
    Mar 4 01:18 PM | 3 Likes Like |Link to Comment
  • How To Allow Your Children To Retire Young [View article]
    You need both, friend.

    I again advise service within our military, including the Coast Guard, which is part of Homeland Security.
    Mar 3 07:18 PM | 3 Likes Like |Link to Comment
  • How To Allow Your Children To Retire Young [View article]
    Aspiring to have one's children retire at 35?

    Too often we let the world of investing blind us to the many, many other facets of life that are not only important to our personal development, but to the well-being of our communities and country.

    If you are intent on a "35 and Out" goal for your children, do them a favor. Insist they enter the armed forces after college so they learn duty, honor, country and personal responsibility.

    Maybe they won't waste years 36-90.

    That said, your article presented noteworthy investment tactics.
    Mar 3 01:09 PM | 18 Likes Like |Link to Comment
  • GM And Peugeot Form Alliance [View article]
    Just as successfully as Sears and KMart, ultimately.
    Feb 29 08:00 PM | Likes Like |Link to Comment
  • "The only thing that matters is the price of gas in California and New York," writes Bruce Krasting, and it's blowing out thanks to dependence on Louisiana crude (which tracks the world benchmark). Forget $4, $5 gas may be coming in states that have the majority of cars (and GDP).  [View news story]
    Surely you jest.
    Feb 26 12:32 PM | 1 Like Like |Link to Comment
  • Why I'm Against Portfolio Diversification [View article]
    The author is young. He'll learn.
    Feb 23 11:44 PM | 2 Likes Like |Link to Comment
  • Some 'Tips' For Dividend Growth Investors [View article]
    It's not what you earn...it's what you keep.
    Feb 22 04:47 PM | Likes Like |Link to Comment
  • Some 'Tips' For Dividend Growth Investors [View article]
    David...

    Any thoughts on the proposed 44% tax on dividends that is called for in President Obama's budget.

    The WSJ today has this issue covered very well, especially how it will negatively impact dividend investors.

    Even if it does not pass this go around, it appears that retirees and the saving class are in the politician's crosshairs.
    Feb 22 12:01 PM | Likes Like |Link to Comment
  • Dividend Stocks Not Overvalued Yet [View article]
    All this hoopla about dividends crashes when the WSJ today reported that under the Obama proposed budget, dividends are to be taxed at 44.8% -- over triple of current rate.

    Even if the budget does not pass, this is what government thinking is on those who are in the saving class....maybe they do not count us as a constituency group for the 1012 elections.
    Feb 22 11:58 AM | 1 Like Like |Link to Comment
  • How Overstock.com Violated S.E.C. Rules On Timely Disclosures And Delayed Reporting A Default On Bank Loan [View article]
    Always a treat reading your posts.
    Feb 21 01:32 PM | 1 Like Like |Link to Comment
  • Canadian Corporations, 4Q 2011 Update: A Bonanza Of New Issues [View article]
    Excellent piece. Here are a few somewhat off topic thoughts.

    We can all see what the current administration has in mind for dividend-centric investors.

    The sad fact is that dividend investors, already taxed on their initial income, and limited to $3g losses per year vs. unlimited taxes on gains are going to have to deploy aggressive tax avoidance strategies (many yet to be written) in the future. High taxes on dividends are what caused many investors to choose growth stocks and tax shelters back in the day. This caused dividend stocks to be somewhat less attractive.

    Chasing yield will become increasingly risky. Many folks may well decide that the risk reward associated with the vagaries of the market, company performance and Uncle Sam taxing a huge bite out of dividend income is not worth the speculation. That said, I think avoiding dividend stocks as a class would be mistaken, so long as they are part of a muliti-faceted wealth strategy.

    If anyone thinks that only the "1%" are going to be whalloped by these proposed tax increases, think again. Class warfare reigns supreme for the future.
    Feb 14 05:02 PM | 3 Likes Like |Link to Comment
  • PNC Financial Services Is Decreasing Its Positions In These Stocks [View article]
    PNC is a well run company. I saw the tout of BBT in another SA post today and just laughed.

    Men vs clowns.
    Feb 12 08:07 PM | Likes Like |Link to Comment
  • Putin's Russia: Lustration Of The Oligarchs [View article]
    There is no comparison between the power of money and the power of authority and whim over others.

    Putin and Obama have practiced the latter in a sinister, awesome display.
    Feb 12 08:05 PM | 4 Likes Like |Link to Comment
  • Who Is Buying This Market? [View article]
    http://bit.ly/Amt2QC

    January 28, 2012

    source US econ. prof Michael Hudson, et al.
    Feb 12 03:32 PM | Likes Like |Link to Comment
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