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  • 4 Reasons Intel Is Worth Buying [View article]
    My only concern about Intel is that everybody is starting to like it. I've
    owned it for many years and it has almost always been my biggest holding.
    Unfortunately, history shows us that when everyone jumps on the bandwagon, there is often reason for concern...not enough though to have me change my position, but I wish it weren't so.
    Jul 21 01:58 PM | 1 Like Like |Link to Comment
  • PDL BioPharma: Bringing In Assets, Generous Dividend And Cheap Valuations Add To Upside [View article]

    Its fundamentals look so good! Any idea why it sells at such low multiples?
    Unless I'm missing something, it should be selling at twice its current price.
    May 21 11:37 AM | Likes Like |Link to Comment
  • Microsoft: Why $38 Looks Enticing [View article]
    I, as well, agree with both troberts 3 and achi. For the life of me, I could never
    understand why a stock (any stock) is so enticing at 38 but not at all enticing at
    39. If it's a great deal at 38 how could it not be a great deal at 39 or 40? If you
    are looking to make a profit of one or two dollars only, I would not consider
    such profit as a great deal. If you like the prospects of a stock be satisfied that
    you are buying it at a couple of dollars off its high.....or buy it at its high if you
    really like it. If your feeling turns out to be right you will kick yourself for missing
    the boat. If your feeling turns out to be wrong, you will will have lost 39 or 40
    instead of 38. I don't find the difference to give me much solace.
    May 19 06:16 PM | 4 Likes Like |Link to Comment
  • What Are The Implications Of Bill Gates Potentially Selling Off All His Microsoft Stock? [View article]
    Without knowing all the actual facts and simply using logic, it makes sense that Gates would have started a systematic plan to divest himself of a good chunk of Microsoft. Why would anyone want to have all of his eggs in one basket? Here is the world's richest individual, who, for whatever the reason, has developed a real interest in philanthropy. He obviously knew he would be spending less time with the company; would be getting older and would want to protect his assets for many reasons. Why would anyone want to keep all of his billions invested in one company, regardless of its future prospects? The fact that he intends to retain a very sizable portion of his stock in Microsoft bodes well for his feeling about its
    future prospects. On a personal note, when I was younger, I often had all of my money invested in one company and at times in only the options of one company. Now that I am older, that is the very last thing that I would do because it is potential suicide!
    May 8 12:16 PM | 2 Likes Like |Link to Comment
  • What Are The Implications Of Bill Gates Potentially Selling Off All His Microsoft Stock? [View article]
    To User 33328,

    How can you say that Bill Gates sells only at Microsoft highs when it is common
    knowledge and well documented that he has sold the same number of shares
    every quarter for over a decade?
    May 6 09:36 PM | 2 Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    Thank you, Vivian, for your knowledgeable and useful comments. Wish you
    could have continued to be a SA contributor. IMO we have lost an interesting and well informed source on this site and I, for one, miss it.
    May 3 12:47 PM | Likes Like |Link to Comment
  • Big Data May Mean Big Growth And Big Profits For Intel [View article]

    Very good and insightful article as usual. Thank you for sharing your
    thoughts and your common sense approach to your articles.
    Apr 3 05:46 PM | 5 Likes Like |Link to Comment
  • History Suggests Intel Will Succeed In Mobile [View article]

    IMO this is one of your better, well thought out articles (and your have written many excellent ones.) Of course, time will tell if history repeats itself but, in spite of the doom and gloomers' comments, I see no real difference between "this time" and all of the previous times. And on the subject of history, it is full of situations where companies, less formidable than Intel, have come from behind to become the dominant leader in their fields....Google, in Search, and Apple come to mind. Even Microsoft got off to a slow
    start as a Browser with its IE (though, admittedly, they bullied their way into the field.) The point is that whether or not it happens, a company cannot be counted out simply because it started late. Your article proves this point with factual illustrations of the very company in question.
    Feb 17 09:56 AM | 3 Likes Like |Link to Comment
  • IDC: PC shipments fell 7.6% Y/Y in Q3, better than feared [View news story]
    Hamdy, I could not have said it better myself. Right on!!!

    "I cannot imagine corporations and professionals have all of the sudden decided to use tablets and smart phones instead of laptops, workstations and servers. It does not make any sense."
    Oct 9 08:44 PM | 2 Likes Like |Link to Comment
  • Benedict Evans sums up the Ballmer era at Microsoft (MSFT): As late as 2009, more than 90% of connected devices had Microsoft operating systems, but it's now below 25%. MSFT is "not quite utterly irrelevant, but they are fast becoming Maytag - a reliable manufacturer of a needed if unsexy utilitarian appliance," Barry Ritholtz writes. Evans: "An overnight collapse can take a long time." [View news story]
    Blair, Ruffdog

    I believe Michael meant Jan 2015 strike price of 35 (not 25.)
    Jul 27 11:56 AM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    You are so right about how we have veered away from RBS.
    On this subject, may I ask if you still feel as strongly about the
    RBS preferreds? Could you comment briefly as to why?
    (Either way) Given their payouts and their low prices, they
    look extremely tempting and I have been thinking of adding
    to my positions.
    Jul 17 12:50 PM | Likes Like |Link to Comment
  • Intel Is Likely To Report A Miss July 17, But Fear Not - It Should Not Matter [View article]
    Thank you for what I consider to be a well thought out article and for your views on Intel's progress. I have followed your comments in the past and I, for one, have always placed a great deal of importance on each one of them. Your common sense point of view is very refreshing, especially when contrasted with some of the critical comments which are made out of pure emotion.
    Please continue to write and comment on one of my favorite
    companies and my largest holding.
    Jul 14 10:02 AM | 1 Like Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    In the event PMG does not respond, it is possible that she is thinking about one of the Citibank preferreds...(C-R or C-PRR) Coincidentally, that preferred yields about 6% and trades a little below par and is a trust preferred. If this is the case this preferred is definitely not one of the safer ones given its very low rating.
    Thank you for the EMZ tip. Do you have any others like it?
    Finally, I'm a little confused about your comment on a preferred's dividend being treated as a capital gain. Did you mean, instead, that it is getting the 15% preferential treatment?
    Jul 13 01:12 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    As a general rule, some (but not all) foreign countries withhold taxes from the dividends which are sent to you on your foreign stocks or preferred foreign stock investments.
    This is done automatically before you receive the dividends. So, for example, if you have a $25 preferred paying 6%, you would expect to receive 37.5 cents each quarter on each share. Assuming a 15% withholding tax, then 5.63 cents would be withheld and you only receive the net of 31.9 cents. (If my math is off, please forgive me.)

    Now, if your investments are held in a regular (tax paying) account, this withholding tax will almost always be refunded to you when your tax return is filed. This is done via the foreign tax credit. You may not be aware of this because either your accountant will have taken care of it or your tax software (such as TurboTax) will handle it for you. Bottom line is that you will, therefore, recoup these withholding taxes (probably very often without your knowledge.)

    However, if your investments are held in an IRA or a Roth, because you will not be including these dividends on your tax return, there is no way to recoup this withholding via the foreign tax credit. Therefore, the general rule is to try to keep your foreign investments in a taxable account.

    But as Vivian rightly points out, the tax laws are extremely complex and there are so may exceptions to what I have just said, that it would take forever to explain it all. For example, as I previously pointed out, UK does not withhold any taxes on either taxable or non-taxable accounts. Germany withholds tax on taxable but does not withhold on your non-taxable accounts. Therefore,you are safe in purchasing your UK or German stocks in your IRA/Roth account
    since there is no withholding tax anyway. But another caveat, tax laws constantly change so be aware.

    As to why you have not noticed any withholding, there are many possibilities. For one, you may have lucked out and have been protected by one of the many exceptions. Or, you may not have noticed the reduced dividend coming into your investment account nor that the foreign tax credit came into play on your tax return.

    My advice to you is to check out the dividends you received on all
    foreign investments that are held in your IRA or Roth accounts. If you notice that the amount received is less than what is stated, you could sell these stocks and repurchase them in your regular account. It is very likely that you have profits on these but
    you will not pay a tax on the profit since it is not reportable on these accounts. (In fact you will, in most cases, be picking up the repurchase at a higher tax basis.) If you sell at a loss, you will, obviously not be able to deduct the loss but on the other hand,
    you will not have to worry about short sales because they do not
    come into play on these accounts.
    Finally, you should read the very good Alpha article I mentioned previously.

    I hope this helps somwhat.
    Jun 2 02:55 PM | Likes Like |Link to Comment
  • My Best Yield Idea: RBS Preferreds [View article]
    I believe I have found the answer to my own question, which may be of interest to others. UK does not withhold tax on dividends paid to U.S. shareholders. Therefore,no tax withholding on RBS dividends (in either IRA or regular accounts.) In the case
    of Germany, although there is withholding on regular accounts, because of a tax treatythere is no withholding on dividends paid on stocks held in tax exempt accounts.
    May 31 05:52 PM | Likes Like |Link to Comment