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kata

kata
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  • Boeing poised to boost 737 production, analysts grow wary of demand ceiling [View news story]
    combie, that doesn't make any sense. No large manufacturer of anything doesn't have long term vendors and any manufacturer knows you don't want to squeeze your partners/suppliers out of business. That helps no one. And the whole story of overcapacity doesn't make any sense either.
    Aug 21 01:59 AM | Likes Like |Link to Comment
  • Kinder Morgan looks expensive after buying up MLPs, Barron's warns [View news story]
    He's a sore loser, lol.
    Aug 18 11:41 AM | 15 Likes Like |Link to Comment
  • Putting Microsoft's Surface-Related Losses Into Perspective [View article]
    Something hit a nerve, lol
    Aug 12 05:25 PM | 1 Like Like |Link to Comment
  • Putting Microsoft's Surface-Related Losses Into Perspective [View article]
    The Surface Pro 3 is the most gorgeous device I have used. Just getting used to Win 8 after two days and its pretty easy. The mouse, which I wasn't sure if I'd need, but I like having, is beautiful. All of it is sleek, modern, light and accessible. The amazing part is its feels so Apple like but better. Best device Msft has ever done.
    Aug 12 01:26 PM | 6 Likes Like |Link to Comment
  • Report: Facebook talking with Hollywood about Oculus deals [View news story]
    There was a Michael Douglas movie a while back called Disclosure. They portrayed a technology capable of virtually accessing business documents and files of all types, including video. They called it a digital angel and it was terrific. If Oculus can do that, FB has a monster, Hollywood aside.
    Aug 9 04:49 PM | 2 Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    The AMJ and the AMLP are Exchange Traded Notes or ETN's that are derivative constructs that mimic an MLP index. They trade like companies and pay nice dividends. That said, there is no actually company beneath the price of those constructs, you are merely buying into a synthetic index, so the risk is higher, and you pay for that with built in fees. But you avoid all the messy K-1 questions that no one seems to be entirely comfortable with.

    IF your desire was to find a tax advantaged way to get income and leave money to your heirs, assuming that there is money to leave to your heirs, that would be "bumped up" and therefore not subject to taxes when you pass on, or six months later, then a direct investment in an MLP might be the way to go. But this is something you should discuss with an investment advisor or your CPA because it should suit your individual situation. You should not make that decision from a message board.

    And the SPY is diversified enough for me and I never trade pre or post market. Been there, done that, a long time ago. Not a good idea.
    Aug 1 02:32 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    You may think they are diversified because they may be in different parts of the energy sector but in todays commoditized market, they more than likely trade together. So do your BDC's. Maybe it would be a good idea to rethink just how diversified you really are. You could get hit very badly and unless you are willing to sit out different parts of the business cycle for a long time, you could get hurt when you need the money most.
    Aug 1 01:55 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    Its easier to just buy the SPY or some other index or combination of indices and limit your exposure to individual shares. The AMJ or the AMLP are MLP like ETN's but eliminate the K-1 complication and still pay a nice dividend, not a distribution. You can get exposure to the whole market, i.e., the IWN, small cap, i.e., the IJJ, biotech, i.e., the IBB, or any kind of asset allocation you like and you can buy or sell shares whenever your allocation becomes too concentrated. And if you want to participate in IPO's or buy some individual shares, you can do so with a small amount of "mad money" without jeopardizing your entire portfolio. Seems to me, this market has become commoditized anyway and dollar cost averaging into indices is safer and less time consuming.
    Jul 31 09:48 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    I'm really a very cheery sort so don't know how I got into this rather dark conversation so carpe diem and enjoy :)
    Jul 30 04:58 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    Idiomatic reference to something unlikely to occur or ironically, something that obviously will occur. Capich?
    Jul 30 04:42 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    Do a chicken have lips?
    Jul 30 03:34 PM | Likes Like |Link to Comment
  • Microsoft Spotlights Rise Of JD, Anti-Trust Probes [View article]
    Oh what irony. They steal more than buy but they don't like how many pirated copies are used by Chinese so they'll sue. Should be a red flag for any company doing business with China.
    Jul 30 10:33 AM | 1 Like Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    A gym membership wont keep you from getting cancer or Parkinsons or dementia or most other diseases that are common to age. They are just what happens to cells as they break down. The healthy craze is good for your but it doesn't turn back the clock and keep you from dying. Average life expectancy had gone up, not sure if that will continue at the same pace, with or without organic veggies. Sorry if you didn't know that. And don't get in any accidents either.
    Jul 30 10:28 AM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    And PS, there is way too much risk in your port.
    Jul 29 10:53 PM | Likes Like |Link to Comment
  • Can We Ever Really Retire? Why Americans Stink At Math [View article]
    Don't forget about long term care. The gov't didn't. Medicare doesn't cover it, for you or your spouse. If you become disabled and require expensive medical care or long term home care, your nest egg is going to run down quickly and the gov't wont help you. You will have to spend it all before they will put you on Medicaid and your spouse will still be left destitute when you die.

    Or you could give it away but there is now a six year look back period, meaning for the first six years after you give it away, you have to make due because no one is going to help you. The one thing you don't have to liquidate is your house because it goes to your spouse when you die and who then will have the same problem with the value of the asset because the gov't will take it when he or she dies and they cant give it away either. In NYS, if you now think about buying an annuity to provide you with an income stream, you must name the gov't first on the policy so that they are guaranteed any residual cash value.

    In any case, you don't have to worry about your heirs inheriting anything. There wont be anything left to inherit. The gov't has dibs on it unless its in a trust that is more than six years old before you even think about retiring.

    So you'd better have a lot more than 4M, the cost of a decent nursing home or a couple of home health aides currently being around $120k a year each, not 10 or 15 years from now.

    How did you think the gov't was going to pay for Obama Care? Cutting Medicare alone isn't going to cut it. There are just so many dollars saved from bending the cost curve or not giving mammograms and pap smears and PSA tests and other diagnostic tests to the Medicare generation. They are counting on grabbing the residual assets of the 99% of the Boomer generation who naively think the money they saved is going to go to their heirs.
    Jul 29 10:31 PM | 3 Likes Like |Link to Comment
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