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  • My DGI Plan: How I Keep Investing Simple [View article]
    Congratulations on a fine article, especially timely going into a new year of uncertainty.

    I find your investing philosophy and methods very similar to mine. It is rewarding to hear that others like yourself find comfortable success in proven simplicity, especially when there is so much financial "noise" out there to distract personal investors.

    Would you care to elaborate on your "trust" ? Is that something you did on your own or did you have an attorney help you? What are the advantages to this method?

    I am curious to hear your comments. Again, I enjoyed the article.
    Dec 31, 2013. 10:10 AM | Likes Like |Link to Comment
  • Is A $3 Million IRA Sufficient For Retirement? [View article]

    Parsing words is for attorneys and Latin teachers.

    Of course you can accumulate as much as you want, within the parameters of the law. I certainly did not write the law but I do take advantage of it just like any other citizen can.

    I am sure you realize that the powerful benefit here is that any IRA investment appreciation is TAX-DEFERRED not tax exempt. Uncle Sam will get his pound of flesh, like it or not. Personally, I am not part of the group who needed to be "incentivised" with a yearly tax deduction. Besides, I would not qualify anyway based on my income.

    It seems that the current law has been perceived by those in our government to provide an unfair advantage to some. What a wonderful excuse for enacting legislation with the superficial premise of recovering a whopping $9 billion of taxes over 10 years!

    Apr 22, 2013. 09:29 PM | 1 Like Like |Link to Comment
  • Is A $3 Million IRA Sufficient For Retirement? [View article]

    I am not sure why I am wasting my time but I am compelled to comment; unfortunately, I do not suffer fools lightly.

    Frankly, your rebuttal here is absurd and senseless. I wonder if you are just having a bad day.

    It does not matter even if only one person has a 3 million dollar IRA. That does not give any government the right to impose a "fairness doctrine" that is ultimately a thinly-veiled attempt at wealth distribution as Crosetti points out above.

    Personal note. Growing up, while some of my old friends were having fun, I studied and sacrificed. Yes, it was my choice. Later, while they were getting married and beginning families, I was working over 100 hours per week for peanuts in surgical residency. I chose to defer current happiness for future investment. Ultimately I was rewarded with a very successful practice and a wonderful family. Now, I can afford to invest large sums on regular basis toward a very comfortable retirement. Why should I be penalized by an arbitrarily chosen cap on my retirement amount? Is that "fair" for people who sacrificed and saved? Just because you might not reach 3 million dollars or more in IRA savings does not mean other people cannot or will not.

    I suppose part of your "conservative lifestyle" includes a cat food menu and wearing one pair of underwear in perpetuity. Good luck with that.
    Apr 22, 2013. 09:57 AM | 37 Likes Like |Link to Comment
  • How To Properly Think About Stock Prices In Today's Volatile Markets [View article]
    Mr. Carnevale,

    Thank you very much for a truly classic article and one that I will keep for posterity. I even went so far as to print it out for my wife and daughter to read and they cannot be bothered with personal investing and finance!

    On a personal note, after reading the article for a second time, I became quite nostalgic, almost in a sort of Luke Skywalker and Obi Wan Kenobi sort of way. I recalled my days as a young surgical resident and learning the true value of thoughtful patience from a professor mentor of mine. A highly-paraphrased version of an old story of his goes like this:

    "There were two bulls in the green meadow; a young bull and old bull. They both meandered their way to atop a small bluff overlooking a lush valley. To their 'utter' amazement and joy, they saw an entire herd of young cows grazing on the lush farmland. Full of excitement and enthusiasm, the young bull exclaimed to the old bull, 'See that cow over there, let's run down to her and make passionate love to her! The old bull looked foolishly at the young bull and said, 'No, let us both walk down there and make passionate love to them ALL.'"

    Thanks again for a great article.
    Feb 9, 2013. 02:48 PM | 6 Likes Like |Link to Comment
  • Should I Convert My Dividend Growth IRA To A Roth IRA? [View article]
    Chump, this was an excellent article and very pertinent as I am 48 and in the same boat as you tax-wise. I have been seriously contemplating Roth IRA conversion for the past two years but never pulled the trigger because of the very uncertainties you examined. I think I will be leaning toward "doing nothing" as well. Thanks again for an article that is a msut read and one that I will re-read several times over!

    Dec 15, 2012. 10:10 AM | 4 Likes Like |Link to Comment
  • Buy LinnCo Shares For Linn Energy Based 7.3% Dividend [View article]
    Thank you Todd for this informative article. I learn much from your regular writings and appreciate your insights. You have been on my follow list for quite some time now.

    I have both KMR and EEQ in an IRA. I needed another energy stock for the portfolio and LNCO fit the bill.

    Keep up the good work! Thanks again.
    Oct 26, 2012. 09:13 AM | Likes Like |Link to Comment
  • Illustrating The Factors That Affect Dividend Growth Investing [View article]
    Thanks for the reply and suggestion. I was hoping that the SA website creators had somehow updated the site to include an ability to create a personalized "library" of compiled articles for future reference. Like you, I have to use the bookmark function of my browser to save those favorites of mine. The trouble is sometimes the links may change without an updated forwarding address and the article is lost. I aprreciate your articles and look forward to future posts.
    Aug 28, 2012. 09:16 AM | 3 Likes Like |Link to Comment
  • Illustrating The Factors That Affect Dividend Growth Investing [View article]
    How do you bookmark an article on the SA website?
    Aug 27, 2012. 01:08 PM | 1 Like Like |Link to Comment
  • Treasury Yields Are Soaring [View article]
    Agree with tom_t. So far, nothing from Europe but psychological appeasement for the markets so people can enjoy their vacations. Waiting for the other shoe to drop.
    Aug 18, 2012. 07:17 PM | Likes Like |Link to Comment
  • Can A Dividend Growth Investor Be A Trader? [View article]
    I enjoy reading your articles and especially found this one appealing, perhaps because we have a similar investing style and philosophy as well as nearly the exact same "core holdings." I look forward to reading more from you in the future. In my book, you are right up there with DVK, D4L, David Fish and several other excellent SA contributors. Keep up the good work!
    Jul 6, 2012. 06:03 PM | 7 Likes Like |Link to Comment
  • Strategy For Reducing Impact Of Taxes On Dividend Stocks [View article]
    Chowder: I just re-read this article again and missed your link the first time. What a great piece of information! Thank you belatedly.

    PS I am dividend junky and follow many of the dividend -related articles on SA. I do appreciate many of your comments and have often learned from them. Thank you.
    Feb 6, 2012. 03:34 PM | 2 Likes Like |Link to Comment
  • Strategy For Reducing Impact Of Taxes On Dividend Stocks [View article]
    Thank you for your timely follow up to my questions.

    I learned much from your article and the comments/discussions regarding it. I will use it to make some changes going forward.

    Regards from a fellow dividend investor.
    Jan 21, 2012. 02:10 PM | 1 Like Like |Link to Comment
  • Strategy For Reducing Impact Of Taxes On Dividend Stocks [View article]
    Liked your article very much. Last January, I bought 500 shares of UL in my traditional IRA when the cost was down and been happy with the results so far. Personally, I make over the $379K/yr amount which puts me in the top bracket so I am not eligible for the ROTH IRA. I am confused by your statement:

    "I do not have any money in the Traditional IRA account since I convert the funds to Roth IRA immediately. For a high income earner, I see no major benefits (if any at all) of investing via a Traditional IRA account."

    How does an high income earner establish a ROTH if he/she does not meet the income criteria? I understand that after 2010 you had the option to convert a traditional IRA into a ROTH but wouldn't I have to pay all the tax upfront? Since my IRA is into 7 figures, wouldn't I be responsible for a HUGE tax bill?

    I would like to hear your opinion and others on this. Thank you.
    Jan 20, 2012. 06:07 PM | 1 Like Like |Link to Comment
  • 3 Reasons To Buy Linn Energy This Week [View article]
    I too am confused by this seemingly obvious it live or is it memorex??
    Jan 3, 2012. 10:21 AM | 1 Like Like |Link to Comment
  • 4-Must Own Dividend Stocks And 3 To Avoid For 2012 [View article]
    Thanks again for your efforts. I will wait patiently, monitor regularly, and perform my own due diligence. Keep up the good work!
    Dec 27, 2011. 01:31 PM | Likes Like |Link to Comment