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Guardian3981

Guardian3981
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  • Prospect Capital: A High-Yield BDC Play With A Strong Growth Record As An Alternative To MLPs [View article]
    In the title the "author" mentions PSEC as an alternative to MLPs, after that I knew the article would be fluff.

    MLPs and BDCs while both generally income vehichles are very different in terms of taxation, growth, etc.
    Sep 15 08:55 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: EU Places New Sanctions On Russia, U.S. To Follow [View article]
    300 threshold?

    So if I enjoy music, save up and buy a nice 500 pair of speakers I am going to pay an extra tax out of "luxury"?

    Tony Pow

    The problem with the "current system" as you say is not taxation, its reckless social policy and unproductive government spending.
    Sep 12 10:24 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: EU Places New Sanctions On Russia, U.S. To Follow [View article]
    Tony Pow

    The issue I have with an extra "luxury" VAT tax is what is considered luxury? Over time the government will include more and more.

    NY State decided that Quest protein bars should have a sales tax. I now buy them online out of state so I never bothered to ask. I assume they will claim they are "prepared." See in NY food is tax free, but "prepared" food isn't.

    Well you could make an argument that everything is prepared unless you literally drive to a farm and pick it out of the field yourself.

    Give the government an inch they will take a mile over the long run. Moral of the story is a "luxury" tax will end up taxing most everything. You could make the argument that dress shoes are a luxury even if its to sell phones at a mall.
    Sep 12 09:03 AM | 6 Likes Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 5 [View article]
    Nice article Buzz. I think myself and others may perhaps read "between the lines" IE stay away from this company!

    One of the "initiatives" PSEC "management" should make is lowering the management expense, of course I doubt they will do this.

    Long MAIN, FSIC
    Sep 12 08:48 AM | 3 Likes Like |Link to Comment
  • KCAP Financial: BDC Risk Profiles [View article]
    Wow a risk ranking of 0 speaks of quite a conviction! Thanks for the article. When will you be releasing MAIN and FSIC? I wish you released the more (in my opinion) predominant BDCs first.
    Sep 10 10:09 AM | Likes Like |Link to Comment
  • Global sales disappoint for McDonald's in August [View news story]
    So many people claim McDs issues are because it hasn't kept up with the health "trends" and its menu is to complicated.

    I think that is bs, sounds nice in theory but I don't think its the reality of their troubles. That is giving too much credit to Americans, that they are somehow getting to "health" conscious for McD.

    No, the reality is Mcd is facing too much price pressure. No more dollar menu for example outside one or two items that everyone knows is a gimmick from the past like the "mcdouble" instead of the double cheeseburger.

    And all of these fast food workers want 15 an hour? They will be out of work. These places are having a hard enough time as it is.

    I have said many times before, as America moves toward socialism the lowest margin businesses will be the first to feel the pinch. That is why you see WMt and MCd starting to stagnate or even decline.
    Sep 9 01:58 PM | 2 Likes Like |Link to Comment
  • Heard during Campbell Soup's earnings call [View news story]
    When grocery stores sell cans of mediocre "soup" for 2 dollars a can sure sales are going to slump. I now make my own which tastes much better.
    Sep 8 03:19 PM | Likes Like |Link to Comment
  • Debt Is No Salvation [View article]
    FrankJFattizzi


    I am really tired of Americans complaining about CEO pay especially these fools marching about min wage and saying how much McD CEO makes.


    If you forced CEOs to work for free and gave away their pay to workers it generally equates to 10 cents an hour if you are lucky.

    Have to love ignorant Americans who can't do any real research and math.
    Sep 3 11:39 PM | 5 Likes Like |Link to Comment
  • Equity CEFs: Don't Judge A CEF By Its Yield [View article]
    Doug,


    Isn't it concerning that GRX "dividend" is comprised mostly of short/long gain and very little income?


    My opinion overall with CEFs is they are good for bonds, preferreds, and MLPs. But for all other equity I think low cost index ETFs is the wiser choice such as SCHD.
    Sep 3 09:28 AM | 1 Like Like |Link to Comment
  • Market Vectors BDC Income ETF Is Unique, But How Much Exposure Does An Investor Have? [View article]
    Yes, I am not entirely against low liquidity being as I invest alot in CEFs, but a couple thousand shares is very low. I prefer to see at least 100k average daily share volume except for muni funds.
    Sep 2 06:57 PM | Likes Like |Link to Comment
  • Market Vectors BDC Income ETF Is Unique, But How Much Exposure Does An Investor Have? [View article]
    The expense charged by this ETF is imo way too steep.
    Sep 2 05:11 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Apple Partners With Credit Card Providers For iPhone Wallet [View article]
    I sadly believe we will see min wage hikes more and more accross the country as people always vote for their own self interest and are ignorant of economics.

    I agree with gggl, the min wage ends up costing the middle class via higher cost of living while the earned income tax credit is funded more by the rich.

    But voters are to stupid to realize this, they are greedy and only care about what their paycheck says, they don't want to wait until tax time. They are not good at budgeting, so they often will blow the earned income tax credit in a month on a new TV or something else they don't really need then cry they are hungry.

    Actually people just want their cake and eat it too, higher min wage AND the earned income tax credit until they get to a point they are making as much as most everyone else without having to go to school do achieve it.
    Sep 2 10:52 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Apple Partners With Credit Card Providers For iPhone Wallet [View article]
    "McDonald's is raising the amount of audits it conducts at its suppliers in China"

    Do the auditors make minimum wage? OH wait, I thought McDonalds was an evil corporation paying all its employees minimum wage. Could it be they actually provide further economic opportunities? NO way!

    I just love watching Obama campaigning about min wage this weekend, meanwhile our allies are getting increasingly concerned about the next Hitler on their doorstep. Get your priorities straight Obama!
    Sep 2 09:08 AM | 6 Likes Like |Link to Comment
  • THL Credit: BDC Risk Profiles [View article]
    Thanks for the informative article. Would like to see TCRDs brother TSLF covered more.

    Long MAIN, TSLF
    Sep 1 12:53 PM | Likes Like |Link to Comment
  • A Conversation With Prospect's Grier Eliasek [View article]
    Morgan,

    Its simple, they are trying to superficially appeal to dividend growth investors. Some investors "feel better" seeing increases even if its a facade.
    Aug 29 04:09 PM | 1 Like Like |Link to Comment
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