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Frankj78

Frankj78
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  • Wall Street Breakfast: The Heavy Earnings Week Continues [View article]
    My good news is my son left a full-time job in mid Dec and got another full-time, better paying job earlier this week in a part of the country where he wanted to be.
    Jan 29, 2015. 11:08 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Apple Makes Quarterly Profit History [View article]
    Did the good Lord create weather forecasters to make economists look good or the other way around?
    Jan 28, 2015. 10:09 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: European Markets Face Syriza Victory [View article]
    I didn't look at the picture, but if that's what the NFL is doing I agree with you, it is crazy-hypocritical. In today's paper I read that he's had two fines for grabbing his crotch. And a $100K fine, for non compliance with the NFLs media policy. Best wishes.
    Jan 26, 2015. 12:50 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: European Markets Face Syriza Victory [View article]
    I won't say the NFL is out to "get" him, but he seems to be on their "watch list." He doesn't like to talk to the press and does the minimal in an interview. Fine with me. He can let his rushing yardage do the talking.
    Jan 26, 2015. 10:22 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Euro Drops To Fresh 11-Year Low [View article]
    Articles on ways to save money by cutting spending on non-essential stuff often mention these fancy coffee drinks as a place to cut.
    Jan 23, 2015. 11:42 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Poised To Launch Quantitative Easing [View article]
    The Realty Company (O).
    Jan 22, 2015. 04:08 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Gold Rises Ahead Of ECB Meeting [View article]
    DCV: IF the balls were slightly deflated, wouldn't both teams have "benefitted?" Also, does a slightly deflated ball make kicking a field goal easier or harder? Would seem harder. Curious.

    Go Seahawks!
    Jan 21, 2015. 09:35 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    I think Corzine was on the sidelines at the Patriot games letting air out of the balls.
    Jan 20, 2015. 12:52 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    DCV: Radio Shack had a heck of a catalog.
    Jan 20, 2015. 12:50 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    yeah, the bad part is, capital gains end up being taxed at ordinary income rates which for some people can be higher than the usual 15% rate.
    Jan 20, 2015. 12:37 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    gggl, regarding the distribution after death, the IRA balance does not necessarily have to made in its entirety, it can be stretched over a period of time.

    A spouse can treat an inherited IRA as his (or her) own and is not forced to pull anything out. A non-spousal heir such as children can set up a withdrawal schedule based on their life expectancy and therefore stretch the IRA.

    If you fiddle around and don't opt for one of these strategies however, THEN you have to distribute the whole thing by the end of the 5th year after the original owner's death. The rules on this are in the IRS website but it is easier to buy a book written on this topic.
    Jan 20, 2015. 12:29 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    Yes in the sense that they are not taxed yearly as in a personal account. But those gains accumulate over time and when you draw out a Trad IRA, then the gains and divs that have been accumulating are taxed as ORDINARY income.
    Jan 20, 2015. 12:20 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: What Is The Impact Of The Shrinking Brent/WTI Spread? [View article]
    Buddy, the "toll-taker" notion was one of the things that attracted me to this company several years ago.
    Jan 16, 2015. 11:46 AM | 2 Likes Like |Link to Comment
  • Even The Woefully Underfunded Retiree Can Survive The Next Crash: Here's How [View article]
    George, to your list of considerations I would add, how solvent is the state, city, county government where one now lives, vis a vis pension and medical obligations for the public workforce.

    This may seem like an odd consideration for some, but people deciding whether to stay put or move might want to look at this. Will taxes be increased to pay for unfunded obligations? What will this do to property values? Are major employers going to pull up stakes?
    Jan 16, 2015. 11:31 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Week Begins With Healthcare Deals [View article]
    Bo and Husker:

    I'll take Puddles, can't have Mandrake scaring the lil' chillin'. Maybe I'm daffy but gotta pull for the team from the local conference. Let's hope it is a clean played game without any controversial calls. Best wishes.
    Jan 12, 2015. 03:30 PM | Likes Like |Link to Comment
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267 Comments
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