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hawaiibound

hawaiibound
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FCX
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  • What's Going On With Freeport-McMoRan? [View article]
    Let's see now. Would this vote of confidence by FCX mean that
    MMR will finally successfully bring online Davey Jones No. 1? If so, all of a sudden, FCX purchase will look like a very good deal.
    Dec 5 07:59 PM | 1 Like Like |Link to Comment
  • Are Natural Gas Prices About To Explode? [View article]
    Coal can be viable, even here in the USA. Technology already exists to clean up the emissions during the combustion process. ThermoEnergy Corp. (TMEN.OB) has a patented pressurized combustion process which produces near zero emissions. In a joint venture with ITEA S.p.A., which holds similar patents, they are attempting to commercialize this technique. The process more than satisfies the new EPA regulations. Existing coal-fired power plants can be cost effectively retrofitted with new boilers to take advantage of the pressurized process.
    Jul 18 07:38 PM | Likes Like |Link to Comment
  • The next economic boom, writes Daniel Gross, will be created by the efficiencies unleashed by America's transition from an Ownership Society to a Rentership Society. It's not just housing - citizens are getting used to the flexibility of renting across a whole range of goods. "The U.S. economy needs the dynamism that renting enables as much as - if not more than - it needs the stability that ownership engenders."  [View news story]
    SanDiegoNonSurfer,
    I think you are on to something with that thought of providing incentives for the one per center's to boost the economic opportunities of the bottom layer of society. In the mid 90's, companies without a majority of their employees enrolled in 401(k) plans were going to loose the ability to deduct contributions made on behalf of the upper management. Our company responded by making it mandatory for everyone to have a 401(k) by automatically (establishing a 401(k) for you if you didn't already have one) contributing, yearly, a percentage of your wages. You were eligible
    after your first year of employment and the percentage was based on total years of employment with the company. I think this qualifies as a fine illustration of SanDiegoNonSurfer's idea of incentivizing the upper tier to aid the lower tiers.
    May 5 04:00 PM | 5 Likes Like |Link to Comment
  • Master Limited Partnerships: Planning And The Death Tax [View article]
    Is everyone the perfect investor, i.e., do you not at times have a losing position in your portfolio? Why not offset the gain in an MLP, at an approriate time, with a loss you have on another security. Then immediately after the sale of the MLP, repurchase it so that the basis is reset to the new current price with the recapture reset to zero. (This seems like such an obvious strategy that I'm wondering if there is some kind of rule not allowing this. Wash sale should not be an issue since you are selling the MLP for a profit.)
    May 3 12:38 AM | Likes Like |Link to Comment
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