704RE

4 Comments

    • ON: Tue Aug 5th 17:37 PM
      Commented on:
      GM May Hit $200 Before Oil Does
      Canada- your fate is inexorably linked to the United States. Stop kidding yourselves
      View article »
    • ON: Tue May 27th 12:09 PM
      Commented on:
      The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward
      $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
      View article »
    • ON: Thu May 1st 11:17 AM
      Commented on:
      Exxon's Record $9.32 Billion Q1 Income Taxes: Update
      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?
      View article »
    • ON: Thu May 1st 10:45 AM
      Commented on:
      Has the Internet Made Us Better Investors?
      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...
      View article »
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