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April May

April May
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  • Rising Dividend Payout And Yield Of 9% Make This Stock A Buy [View article]
    If BDCs have to pay out 90% of their income, how can they be paying dividends? I don't own any yet, but if the 90% payout is true I would think payouts are NOT dividends but a return of capital.
    Feb 8 02:26 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    You are EXTREMELY lucky. My husband had a major spine surgery and was discharged 22 hours later with a raging fever. The top rated hospital left him with dried blood all over his head for hours. I had to wash him or he would have been sent home that way. They put a food tray in front of him, knowing full well he could not use his hands.

    You feel "more secure than before"? Just lucky. We are totally dismayed at current hospital care/procedures. Of course, we'll never use that hospital again, but who knows what the others are like after introducing all those cost cutting efforts?
    Jan 9 01:05 PM | 4 Likes Like |Link to Comment
  • Big Oil Comparison: COP Vs. RDS [View article]
    I also own both and enjoy the dividends. I held on to coal stocks too long and will wait for a better price to sell out all positions (wonder if that day will ever come?).
    Who knows exactly how the new taxes will hit investors in 2013? I may be able to write off the losses next year to ease the sting.
    Jan 9 12:27 AM | Likes Like |Link to Comment
  • Fixed Income Investors May Be In For A Surprise [View article]
    Last year, advisers convinced me I needed to invest in bond funds due to my age. I moved money into some Vanguard funds and now wonder if that was a smart move. Any input/advice? (VWINX)
    Jan 6 02:51 PM | Likes Like |Link to Comment
  • Hello Taxes... Goodbye MLPs [View article]
    ARB, you confirmed my suspicion that IRS agents don't really understand correct reporting on MLPs !

    My comment regards your worry of taxation by every state a pipeline passes through: Each state has a tax form for nonresidents. And even nonresidents get some kind of standard deduction based on % of where all your income is earned. Based on that, you would almost never have to file in any states because your standard deduction would exceed your income earned in that state.

    Unless you own thousands of units, I highly doubt anyone would be required to file in the nonresident states!
    Jan 3 03:01 PM | 1 Like Like |Link to Comment
  • Hello Taxes... Goodbye MLPs [View article]
    Of course! For years I have advocated taxing the heck out of drug sales. First, it will put the criminal element out of business, thus lowering drug related crimes and the costs of police and court involvement (not to mention incarceration costs). Second, it will raise tax revenues immensely. And finally, our judicial costs and crime costs will decrease, along with tarnishing an otherwise law abiding young person's permanent record.

    One of the best results will be lowering the incomes (and therefore desires) of drug dealers.
    Jan 3 02:47 PM | 1 Like Like |Link to Comment
  • Hello Taxes... Goodbye MLPs [View article]
    holey moley--this is very complicated and difficult reading! Any clues how to find the sections related to inheriting MLP units?
    Jan 3 02:41 PM | Likes Like |Link to Comment
  • Hello Taxes... Goodbye MLPs [View article]
    Thanks Be Here Now for that helpful link. There is very little info on MLPs such as record keeping and taxation, other than the very complicated IRS rules/instructions.

    I request everyone post links to helpful information about MLPs that can be downloaded without charge.

    IF investors can have access to clearly written instructions/advice on owning MLP units, more people would flock to buy! Personally, I think the unique tax treatment is fabulous, but we need easy to understand information on reporting/taxation.
    Jan 3 02:22 PM | 1 Like Like |Link to Comment
  • Oversold Linn Energy/Linn Co Could Rally On The Fiscal Cliff Deal [View article]
    Why bother owning it then? Unless you sell at a higher price, you've accomplished nothing but receiving a zero distribution! I cannot understand why you bother doing this. Isn't collecting a dividend, taxable or not, better than collecting nothing at all?
    Jan 3 02:03 PM | Likes Like |Link to Comment
  • Top 10 Stock Picks For 2013 By Bank Of America/Merrill Lynch Vs. Street View [View article]
    Are we to put faith in Bank of America's picks? Guess I'm not one of their believers. (CTL has already shown it is a good investment, if for no other reason than its great dividends...and I figured that out myself!)
    Dec 15 04:29 PM | Likes Like |Link to Comment
  • Coal Stocks Hit Hard In November: Buying Opportunity? [View article]
    Hoping you are right, comcity! My coal stocks couldn't get much redder.
    Dec 14 05:03 PM | Likes Like |Link to Comment
  • Coal Stocks Hit Hard In November: Buying Opportunity? [View article]
    Oh, contrarily! After the first debate, I felt confident that Romney would win! I don't and never did trust newsmedia, especially when they were all fawning over Obama as if he were a savior of some sort.

    I held onto my positions in coal and now wish I hadn't. So, take a loss now or wait to see if exports of coal can boost earnings? Don't know what to do....
    Dec 14 05:01 PM | Likes Like |Link to Comment
  • Stay Married To Your MLP - Divorce Is Expensive [View article]
    Ha ha ha! Those in the White House need to quit spending so much causing taxes from all of us to increase! I don't spend more than I have in income--simple. So why does Washington think they can force us to do otherwise?

    So simple:
    CUT FEDERAL SPENDING! = no tax increases!!
    Dec 13 05:32 PM | Likes Like |Link to Comment
  • Stay Married To Your MLP - Divorce Is Expensive [View article]
    The ETF's charge yearly fees because they take care of all tax reporting and merely pay you a dividend. That dividend is reported on a 1099-DIV and you simply report it as such on your individual tax return, just like any other dividend.
    Dec 13 05:00 PM | Likes Like |Link to Comment
  • Stay Married To Your MLP - Divorce Is Expensive [View article]
    I use the $60 version of Turbotax, and it handles the K-1s from MLPs just fine! (I think it is the middle priced one.)

    As for your personal record keeping, each new K-1 you receive always shows a summation in the bottom left-hand corner. It shows your number of units, deducts current year distributions, and then shows your new basis.
    Dec 13 04:56 PM | Likes Like |Link to Comment
COMMENTS STATS
521 Comments
681 Likes