The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward [View article]
$100,000 additional huh...Let's use some round numbers to determine what that means... If by cashing out you incurred an extra 100k at 30% as opposed to the 15% you would have expected: 1) Less than one year ago you deposited over $2,750,000 into your Etrade account. 2) You managed a 20% return in under a year 3) at this point you are sitting on ~$650,000 of gains. 4) You withdraw early and owe ~$195,000 in taxes, as opposed to the ~$95,000 you expected to pay had you held for a year. I'm not buying it
Exxon's Record $9.32 Billion Q1 Income Taxes: Update [View article]
Dear Hillary: Before you pander to your uneducated voter base by speaking in terms of "taking" oil company profits, please pay the Treasury $90,000,000 - taxes already paid on Bill's speech making profits. Unless that doesn't sound fair?
Has the Internet Made Us Better Investors? [View article]
I would like a more detailed disclosure as to the the top holdings of an ETF, especially with regards to the short and ultra-short funds. I realize that this can be achieved to a degree via prospectus and contacting the management company, but I still feel that the information should be included on the major finance sites in a manner that can be quickly accessed. Maybe its just a generation Y thing...
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The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward [View article]
If by cashing out you incurred an extra 100k at 30% as opposed to the 15% you would have expected:
1) Less than one year ago you deposited over $2,750,000 into your Etrade account.
2) You managed a 20% return in under a year
3) at this point you are sitting on ~$650,000 of gains.
4) You withdraw early and owe ~$195,000 in taxes, as opposed to the ~$95,000 you expected to pay had you held for a year.
I'm not buying it
Exxon's Record $9.32 Billion Q1 Income Taxes: Update [View article]
Before you pander to your uneducated voter base by speaking in terms of "taking" oil company profits, please pay the Treasury $90,000,000 - taxes already paid on Bill's speech making profits. Unless that doesn't sound fair?
Has the Internet Made Us Better Investors? [View article]