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Windwood Trader

Windwood Trader
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  • QuickChat #273, August 15 2014 [View instapost]
    >D-inv-

    Thanks-

    "Ooops. Repeat from QC #272"

    Worth reading again- This is a good barometer, IMHO.

    The news won't affect the market all that much but will be worthwhile to recollect six months out.

    WT
    Aug 15 04:07 PM | 2 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    "It's not a tax concern for those who had sold a lot of Axion Power for a huge loss :-) ;-("

    OUCH!
    Aug 15 11:30 AM | 5 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator June 7, 2014 To August 16, 2014 [View instapost]
    (KLH:CA) (Canadian Stellar) up CAD.08 to CAD1.77 or $1.63 US (.9159).

    They are trading at equivalent prices right now. 11:19EDST.
    Aug 15 11:20 AM | 4 Likes Like |Link to Comment
  • QuickChat #273, August 15 2014 [View instapost]
    Thanks, Rattie-

    Wondered what happened-
    Aug 15 10:52 AM | 4 Likes Like |Link to Comment
  • QuickChat #273, August 15 2014 [View instapost]
    "Little Dragons"

    Sounds like a reminder of the "Game of Thrones" series my wife got me hooked on!

    Very nice, Trip-

    WT
    Aug 15 10:31 AM | 3 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    Re: UBTI-

    Thanks, Mercy-

    That clarification is appreciated. My accountant does ask that I forward all K-1s and has informed me that I have no liability- Presumably since I'm below the $1000 threshold on all of them. Probably most individual filers would not reach that criteria.

    I wish I did!

    WT

    edit- Excellent article on filing, Mercy More thanks!
    Aug 15 10:05 AM | 4 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    UBTI only comes into play when a tax exempt entity like a hospital or a school has another enterprise that is basically unrelated to the principle business the tax exempt is doing.

    Think a laundry in-house that also provides laundry services for the uniform company next door, or a private school that also is a book publisher. Those are unrelated business and unless the income is de minimis could result in the requirement that tax is owed on the enterprise income whether or not the principal operation is tax exempt. I believe that the total of all enterprise income may not exceed 10% of the total non-profit income.

    There is no intent that I know of that would require tax to be paid from an IRA on an investment held by the IRA. That doesn't mean that an aggressive IRS position could not be taken, but to the best of my knowledge UBTI pertains to a business if not exclusively then primarily.

    If someone can cite an exception I would be interested.

    WT
    Aug 15 09:27 AM | 3 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    I should have added that there is a certain loyalty that I have to El Paso, KMI and KMP as their three pipelines (soon to be four) travel through 1600' of my property.

    Mixed emotions over that-

    WT
    Aug 14 06:06 PM | 3 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    Re: Tax mess-

    My tax guru said to keep anything with a K-1 or some such in an IRA or Roth IRA. Then it doesn't matter what the tax divvy is, unless the tax hit is BEFORE it goes into your sheltered account- matters then, of course.

    I now hold (NYSE:MMP), (NYSE:WMB) and (NYSE:QRE) where the div is 3% on WMB and MMP but growing.
    QRE of course is a 10% income stock.

    All in an IRA.

    Maya, based upon your comments I'm thinking of going back into KMP. The special $10.77 payment would be pure bonus in my IRA.

    WT
    Aug 14 05:59 PM | 2 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    >D-inv-

    I DID get that link on The Third Man(date)-
    Thanks-

    WT
    Aug 14 04:20 PM | 4 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    Re: (NYSE:KMP)

    This link is one from "The Money Show", by Jim Jubak that discusses some serious tax issues if you are a holder of (KMP) in a taxable account.

    Not being a tax expert I don't comment on that except you may want to read this piece by Jubak-

    http://bit.ly/1vJH4b0

    WT
    Aug 13 06:55 PM | 5 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator June 7, 2014 To August 16, 2014 [View instapost]
    >Maya-

    Thanks for that info on Stellar.

    I saw the article that cited the two docs getting the experimental treatment while 900 others did not.

    Hey- Media magnificence at it's best.

    Whatever sells newspapers- sound bites and half-truths, a politician's nirvana.

    My average all-in cost is $1.71 so I've got a bit to go yet.

    My (OTCQB:ULUR), however has jumped even more than (OTCQB:SBOTF) and is just 18% below my purchase cost.

    I have about the same stake in both.

    WT
    Aug 13 04:05 PM | 3 Likes Like |Link to Comment
  • Swine Flu, MERS, Ebola And Medical News Concentrator June 7, 2014 To August 16, 2014 [View instapost]
    >LT-

    Re: 'skin wounds'

    Check out (OTCQB:ULUR). I've had a whole lot of this stuff for eight months now- Just started to move two days ago, from $.85 to $1.25- Off $.04 as I type. (13:38)

    WT
    Aug 13 01:38 PM | 3 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    They've been trying for a long time-

    The ultimate Artificial Intelligence machine will be capable of building a better performing computer than itself.....ad infinitum.....

    Look out for HAL-

    WT
    Aug 13 01:33 PM | 4 Likes Like |Link to Comment
  • Quickchat#272, June 16, 2014 [View instapost]
    Can't remember where I read it but some sovereign entity (maybe ours) was seriously considering a tax on funds held that were in excess of needed reserves. Trying to get the banks to lend instead of collecting interest from the gov on the money.

    WT
    Aug 12 08:24 PM | 3 Likes Like |Link to Comment
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