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  • Why I Will Start Social Security At Age 62 [View article]
    I also do not believe Martinfrosa is correct about the Roth & IRA complications.

    I have been converting parts of two separate IRAs (one is now completely converted, the other in process) since they first began allowing it. I do the conversions towards the end of the year so I can estimate my tax bracket and convert amounts that do not move me into a higher bracket. In years when I was in a high bracket, I did no conversion. I am trying to move about 1/2 of my tax advantaged funds to Roths before I reach mandatory withdrawal age because by the the RMD, pensions and SS will probably have me in higher brackets so I'm paying the tax now are historically low rates.

    I have had no issues or questions raised by the IRS, T Rowe Price or Schwab regarding my partial conversions. I am under 59 if someone wonders about that as well.
    Aug 28, 2014. 07:06 PM | 5 Likes Like |Link to Comment
  • Dividend Growth Investors, Prepare To Boost Your Returns [View article]
    Bob, Maybe I was not clear but I specifically did not target SA DGI investors by saying "not the core DGI investors" but was referring to the less seasoned investors that recently jumped in seeking yield and following the DGI theme thinking it is some sort of nirvana. We both know it does provide many people with the income they desire and that is great. More power to them. However, I tend to agree with Dale that they may be disappointed if and when the next big downturn occurs and bail out. This article is a good warning to them.

    Hope I clarified that.
    Aug 27, 2014. 08:18 PM | Likes Like |Link to Comment
  • Safe Large-Cap Blue-Chip Dividend Champions For Your Retirement Portfolios: Part 2 [View article]
    I tend to agree with your analysis of McD in more developed countries, But have you ever been to an emerging market country like Costa Rica or Brazil? They line up 1/2 down the block on weekends taking the kids to McDonalds. The kids love the playgrounds, fries, shakes, balloons and Ronald McDonald. For those families, it is an inexpensive afternoon out with the kids for the growing middle class.
    Aug 27, 2014. 05:30 PM | 3 Likes Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    Nice job Bob. You hit upon a valuable topic. Finding DGs that meet one's objectives are today. Looking forward to the remainder of the series.
    Aug 27, 2014. 04:43 PM | Likes Like |Link to Comment
  • Dividend Growth Investors, Prepare To Boost Your Returns [View article]
    Excellent article Dale. I think everyone should at understand what you are trying to warn about. They don't have to agree. Many, maybe not the core DGI investors, but many others will not be able to hold on if and when we have another significant downturn. And your point about dividend payers being overvalued and possibly underperforming in a downturn is very valid. They've had a tremendous ride as the search for income progressed over the past 5 years.
    Aug 27, 2014. 04:17 PM | Likes Like |Link to Comment
  • Selling My Tim Hortons Was A No-Brainer. [View article]
    If I'm not mistaken, these are the guys behind the buyout of Anheisher-Busch of which I was a long time shareholder. I was sorry to lose a stock. The deal was for cash and I figured they would kill the company with all the debt they took on for the deal so I took the cash. They have demonstrated excellent management and integrated the companies, reduced costs and have grown sales. I would not count them out in this deal. BK-TH may have lots of opportunities as well.
    Aug 27, 2014. 03:24 PM | 1 Like Like |Link to Comment
  • Alerian MLP ETF Finally Admits Its 8% Expense Ratio [View article]
    Ron, Thanks for staying on this and trying to warn everyone. Some refuse to or just don't understand it.

    I try to avoid complexities in life and investing. Deferring taxes via MLPs was a gimmick to me because I felt at some point one has to pay the piper, eh, IRS.
    To keep it simple I bought AMJ and MLPI. Yes, I've heard the credit risk warning before. That credit risk is no different than risk in buying any bond or even a stock. I'm spread the risk and am happy with the results.
    Aug 20, 2014. 02:01 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Inc. Will Be A C-Corp Managed Like An MLP [View article]
    Forgive me if I am overly simplistic but if they were to use up the depreciation in the C-Corp only to spin off some new MLPs, wouldn't we just be going around in circles again in another 10 - 15 years. I don't get the point. These MLPs simply DEFER taxes. I see that working best if you manage to leave them at stepped up cost basis to heirs. Otherwise, as is happening to the KMP holders, that deferred tax bill is coming due. Why not simply leave it as a C-Corp paying qualified taxes which are at pretty much the lowest rates in the last 50 years?

    Thanks for any explanations.

    PS: I'm a happy KMR owner who managed to avoid taxes and will soon be getting some qualified dividend income which I can use. Perfect reorg for me.
    Aug 15, 2014. 07:26 PM | Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    Gabby, I don't believe this is correct:
    " A conversion now is treated as a distribution from the IRA (PENALTY), and then is converted to a Roth. "

    I am younger than 59 and have been periodically converting IRA funds to a Roths for longer than I can remember. I've done it at T Rowe Price and Schwab. I've had to pay income tax on the amount converted but never incurred a penalty. It is not treated as a distribution penalty wise. I sure hope I never receive a little letter from the IRS about those conversions :)
    Aug 15, 2014. 05:43 PM | 4 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    David, I'm a bit younger than you but have been doing small IRA -> Roth conversions for several years while keeping myself in the lowest 2 tax brackets. Trying to eliminate RMDs from IRAs to keep my tax bracket low when receiving pensions, social security and 401K distributions.
    Aug 15, 2014. 05:33 PM | Likes Like |Link to Comment
  • Yahoo: Why The Market Has Got It All Wrong And Why I'm Doubling Down Into The Alibaba IPO [View article]
    As a very long time Yahoo customer, all I see is Mayer ruining their products as she reinvents them. Mail, Groups, Calendar, My Yahoo have all be screwed up and are less user usable than before. Ultimately a business is only as good as it's products. Based upon that, Yahoo is a massive sell. You may make a short term profit cause of the Alibaba stake, but I would advise taking your profits and running.
    Jul 18, 2014. 04:01 PM | 1 Like Like |Link to Comment
  • Take A Profit, Lose Out On The 'Ultimate Bonanza' [View article]
    Ditto. I was just in my local Costco today too. Keep watching the stock soar. I can't pull the trigger either.
    Jul 11, 2014. 04:36 PM | Likes Like |Link to Comment
  • How To Outlive Your Money: A Lesson From Canada [View article]
    It was a fair trade off. I lived in NY and was in a much higher tax bracket than now so I am taking advantage of that with small Roth conversions. The tax deferred accounts have grown substantially so one cannot complain too much. Plus overall tax rates are lower than they were decades ago when I was getting the tax deduction.
    Jun 16, 2014. 04:57 PM | 1 Like Like |Link to Comment
  • How To Outlive Your Money: A Lesson From Canada [View article]
    I see you are hitting upon something I suspected may happen as I age. I see my taxable income and rate going up when I hit retirement age due to two small pensions, social security and IRA & 401k growth and distributions so that I have been slowly converting much IRA funds to Roths now while keeping an eye on my tax bracket to try to minimize the tax bite now and in the future.
    Jun 16, 2014. 12:01 PM | Likes Like |Link to Comment
  • 2014's Biggest Investment Story: Lower U.S. Rates For A Much Longer Time [View article]
    Nothing about the shrinking budget deficit vs. Fed reducing their purchases equates to negligible "tightening". Another factor keeping rates low.
    May 26, 2014. 01:08 PM | Likes Like |Link to Comment