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  • BP: A 2014 Story To Start To Buy Now  [View article]
    Off topic, but it is news to me that Greece did not have boats or ships back then and therefore no pilots.
    Oct 28, 2013. 09:34 AM | 1 Like Like |Link to Comment
  • Here's the White House math behind why "tax reform" can't replace all the income from letting the Bush tax cuts for the rich expire: Limiting a cap in deductions to incomes over $250K leaves only $800B in revenue; phasing in a cap to avoid a "cliff" reduces revenues to $650B; excluding the charitable deduction reduces it to $450B. That's why the likeliest outcome is a hybrid approach that combines an increase in marginal tax rates with a cap in deductions.  [View news story]
    According to an article on Market Watch the proposal included a provision to tax dividends as income. Ouch. Double taxation. Don't they realize that will bring a lot of harm to middles class business owners?
    Nov 30, 2012. 03:12 AM | Likes Like |Link to Comment
  • Gold Bullion ETFs, Closed-End Funds, Or Gold Mining Stocks - Follow-Up On CEF, GTU, GDX, NUGT  [View instapost]
    Whenever I have have looked at CEF or GTU the shares were trading at about a 5% premium to the net asset value so I was hesitant to purchase them. I did not want to start out 5% behind as the premium might decrease just at the time I would like to sell.
    Nov 19, 2012. 01:55 AM | Likes Like |Link to Comment