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  • Retirement Strategy: ETF Portfolio Versus The Stock Only Portfolio; Our First Update [View article]
    I suspect the real AFTER TAX total return on ETFS will be lower than a portfolio of good stocks. Consider: MGT fees, cash returns[VYM], vs Qualified Divs {GE, T, etc]. Too much talk about gross returns, vs post tax returns are confusing results.
    Apr 2 08:15 AM | Likes Like |Link to Comment
  • Retirement Strategy: ETF Portfolio Versus The Stock Only Portfolio; Our First Update [View article]
    I agree with Div Nut. One rose , does not a garden make!
    Reaching outside of ETF stock holdings, one can find greater total returns.
    However, putting on cruise control w/ ETFS has it's benefits for old people like me!
    Apr 1 08:49 PM | 1 Like Like |Link to Comment
  • How To Get $10,000 Each Year From A $250,000 Nest Egg [View article]
    The much discussed generality of 4% withdrawal rate is some what illusory, as post tax income can vary widely depending on the type of holding. ie a muni fund at 4% gives 4%, while a CEF at 4% can give anywhere from 3% to 2.4% depending on tax bracket. I evaluate my div income on a post tax basis, and I know where I am!
    Mar 31 10:16 AM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    These expenses are paid out of somewhere--ie the assets are reduced
    /share! Bottom line, total return is reduced. Any way you look at it, the 6% div is ultimately/essentially reduced by expenses. No magic mirrors,or illusions here. I agree that, the 6% is "net", but the assets are reduced pro rata by expenses!
    My comment of reducing the div % by expenses, equates to Total return of the div, even before taxes.

    "Expenses of UTG Per Common Share
    Management Fees 0.80%
    Other Expenses: 0.41%
    Baseline Expense: 1.20%
    Interest Expense: 0.50%
    Total: 1.70 "
    Mar 27 11:05 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    Thanks fludolph, I was given to understand that the "fees' were paid by reducing the asset value. If so, the total return is diminished whether in IRA, or taxable acct..
    What say you?
    Sooner or later, one would pay ordinary income from IRA holdings. I am. at 80, my RMD tax is 30%!
    Mar 27 01:01 PM | Likes Like |Link to Comment
  • Danger Zone: Dunkin' Brands Group [View article]
    I go to DUNKIN and STARBUCKS, and find their both busy like the Apple store!
    I see great growth in their charts! One can pick at the undersides of fast growing
    companies, but past results may be a look at the future. Long both, and lovin it!
    Mar 27 12:41 PM | 3 Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    One has to do the numbers. UTG pays a dividend, that is taxed, as ordinary income at the marginal rate. Could be a differential of 15-25% more, than a "qualified" div taxed at 15%.
    Your combination of stocks at 4.8% pre tax with all qualified divs = net $4.08 post tax.
    UTG pays 6%, less 1.6% fee = 4.4% before tax--then a tax of aprox 35% = net post tax div return of 2.86%.
    Not a particularly a good long term comparison to your portfolio
    Mar 26 11:16 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    I would love to avoid taxes, but I don't know how? How do you do it?
    Mar 26 05:02 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    Might bite, when you sell, in a taxable account--recapture!
    Mar 26 01:58 PM | Likes Like |Link to Comment
  • Preliminary Review Of Buckeye Pipeline Partners' Q4 2013 Results [View article]
    Sorry, wrong board!!!!!
    Feb 13 03:31 PM | Likes Like |Link to Comment
  • Preliminary Review Of Buckeye Pipeline Partners' Q4 2013 Results [View article]
    How about some thoughts on BPL. Not looking great to me.
    Long BPL.
    Thanks
    Feb 13 01:04 PM | Likes Like |Link to Comment
  • Master Limited Partnership ETFs Vs. ETNs, Which Is Better? [View article]
    Makes KMR, and EEQ look good, as, I believe, basis is reduced on additional shs, and LTG on sale.
    Jan 29 10:38 PM | Likes Like |Link to Comment
  • Master Limited Partnership ETFs Vs. ETNs, Which Is Better? [View article]
    " I reinvested all proceeds to AMLP. A greater than 6% yield, all ROC treatment last year, and capital gain potential is adequate for me."

    Doesn't the ROC reduce basis, and ordinary income tax is paid on sale? Not much difference from an MLP sale??
    Jan 29 07:30 PM | Likes Like |Link to Comment
  • Seadrill: An Attractive 10% Yielder [View article]
    The Timing of this Article is challenging!
    Jan 28 05:33 PM | Likes Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: What Is BPT's Fair Value? [View article]
    BUYER BEWARE!
    We are facing a Oil Glut, going forward!
    Total Return of BPT, is adjusted by "ordinary" income tax on Yearly Income, and total Recapture of yearly Depreciation at sale! The High Div can be illusory.
    A good Dividend Growth Stock, or, Muni Bond , or Muni Fund, can be similar in return, and result in less sleep deprivation.
    Jan 27 04:49 PM | Likes Like |Link to Comment
COMMENTS STATS
638 Comments
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