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Ed Bickford, CPA

Ed Bickford, CPA
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  • My Must-Own 17% Dividend Yield Equity [View article]
    Good article Todd. I did some research and found that Credit Suisse has them at Outperform with a $27 target and DCF of $4.00/unit and a yield of 16.7%. Seems to be fairly close to what you are calculating so I guess CS knows what they are doing. :)
    Dec 3 01:31 PM | 2 Likes Like |Link to Comment
  • Retirement Strategy: You Want The Truth? You Can't Handle The Truth! [View article]
    I see that look all the time!
    Dec 3 01:12 PM | Likes Like |Link to Comment
  • Retirement Strategy: You Want The Truth? You Can't Handle The Truth! [View article]
    DeeMmm,

    Your cost basis is $25 ($10 +$15). Gain would be $15. ($40 - $25). In a drip plan you are taxed on the dividends in the year received and they are added to your cost basis. Any shares purchased in the year before sale are taxed as short term gains, the rest are long term. If you bought 3 more shares at $20 in year 5 and sold them for $20 your gain would still be the same.
    Dec 3 07:53 AM | 1 Like Like |Link to Comment
  • Retired Investors: Let's Take A Closer Look At The S&P 500 Index Fund [View article]
    Bob - Another great article. You have done a good job of taking responsibility for your financial well being mostly by understanding what you are investing in. I would point out that in addition to knowing what your index and mutual funds own it's also important to know what you are paying that fund manager for the job he is doing.
    Nov 16 06:35 PM | 4 Likes Like |Link to Comment
  • Note on Own REITs and MLPs in a Tax Deferred Account [View instapost]
    SDS - I own MLP's and REITS in my tax deferred accounts as well. You need to pay the UBIT from your IRA not your personal account. If you pay it from your personal account include it as an IRA contribution on your return, just be sure you don't go over the limit on contributions.
    Nov 16 06:04 PM | Likes Like |Link to Comment
  • My 2 Cents On Taxes. 26 April 2012 [View instapost]
    Thanks for sharing your views with your representatives and us. If more people did we may see change.
    Nov 16 05:58 PM | Likes Like |Link to Comment
  • Putting A Potential Jump In Dividend Taxes Into Perspective [View article]
    I'm sure they will be, I'm just wondering which ones?
    Nov 16 04:15 PM | 1 Like Like |Link to Comment
  • Putting A Potential Jump In Dividend Taxes Into Perspective [View article]
    Excellent analysis. Looking forward to what you think are the best investments for 2013.
    Nov 15 02:04 PM | 1 Like Like |Link to Comment
  • The Real Reason Apple Keeps Going Down [View article]
    bailinnumberguy - That's a very good strategy. I have made many more profitable trades going against his advice than I have following it. In one of his first books I recall him talking about a time when his hedge fund was losing terribly. He asked his wife if he should sell everything. She told him the time to sell was long past and the only way his portfolio could go from there was up. Apparently he never learned that lesson.
    Nov 11 10:28 AM | Likes Like |Link to Comment
  • The Real Reason Apple Keeps Going Down [View article]
    Gene - "Talk about the trappings of a clown"
    In August when Apple was around $630 Cramer was screaming "BUY". Now that is down close to $100 he is screaming "SELL". He was wrong in August, what are the odds of him being wrong now? Like you I am holding on to my shares.
    Nov 9 06:35 PM | 2 Likes Like |Link to Comment
  • The Real Reason Apple Keeps Going Down [View article]
    Tusc - Your theory is right on target. I expect the next run to occur before the 1st quarter earnings come out in January. The question is how high will it go before the selling and negativity begin again. With or without a new catalyst I expect a blow out quarter.

    Long Apple since 2002.
    Nov 9 06:18 PM | 4 Likes Like |Link to Comment
  • Apple $1000: Why It's Time To Buy [View article]
    Andy - Have you included the expected iPad Mini in your 2013 forecast? How much impact on earnings do you see it having?
    Oct 18 09:23 AM | Likes Like |Link to Comment
  • Buy Apple Now While It's Cheap [View article]
    "As the heavy hitters pile out at new highs, they are just as likely to pile back in when the stock is both cheap and ripe for holiday earnings, and those that thought Apple had seen its best days are likely to follow suit."

    And those that recognize that and increase their investment "when the stock is both cheap and ripe for holiday earnings" will do quite well. Now is the time to buy. Thanks for a good article!
    Oct 10 05:28 PM | 3 Likes Like |Link to Comment
  • An Options Idea To Safely Finance Your Retirement Using Apple [View article]
    Interesting trade. I doubt that Apple will fall to $600 anytime soon. How would the anticipated result differ if you were to not include the puts?
    Oct 7 09:08 AM | Likes Like |Link to Comment
  • The $150,000 Portfolio: Excess Cash, Aggressive Trades In Part Three [View article]
    You would have done well with the JPM calls when the whale took the stock down. The Jan 14 $30 calls were selling for $7.50 at the time and are now at $11.50. I bought 5 of them and plan to sell them when the stock gets back to $45. Wish I had bought more.
    Sep 23 10:47 AM | Likes Like |Link to Comment
COMMENTS STATS
228 Comments
148 Likes