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curreyr

curreyr
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  • Debunking The 'Dividends Don't Add Shareholder Value' Myth [View article]
    The problem I have with your formula isn't the math, it's the determination of value.

    Value is a matter of perspective. It is _this_ that makes a market. Two different perspectives result in a trade.

    If one doesn't apply a value to a history of predictable and increasing dividends, that's their choice.
    Mar 14 05:43 PM | 1 Like Like |Link to Comment
  • The Stress Free Portfolio Project: Introduction [View article]
    Re: "cash holding"
    I understand your rational, especially that it fits your comfort level.

    I personally prefer a 2-3x average holding size as a minimum (e.g. for your holdings ~10%). When it exceeds that I can hunt for 1 more holding or re-investment into existing holdings. I then allow additional income to collect and repeat. In a serious correction/crash, it may all get deployed (I did that in 08/11 and was a bit nervous for the next 4-6 months).
    Mar 14 03:55 PM | Likes Like |Link to Comment
  • Debunking The 'Dividends Don't Add Shareholder Value' Myth [View article]
    "assuming a stock trades at book value"
    Can you give an example?
    Mar 14 03:20 PM | Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    as10675,

    In general, I agree with what you're saying except that your basing from AGI and not taxable income.

    AGI could include items that are not part of taxable income (e.g. tax-free munis) or are taxable in other schedules (divs, long cap gains). It also is reduced by deductions, exemptions, credits.

    For a retiree facing RMD, the impact is they may have a comfortable retirement with a reasonably low taxable income that begins climbing due to the RMD. It isn't that their income diminishes necessarily because of the extra tax burden rather they don't need/desire the additional income yet have to absorb the taxes.
    Mar 14 03:13 PM | Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number?: Part 2 [View article]
    "Everything is ultimately taxed when withdrawn from a regular or Roth IRA."
    Withdrawls from a Roth are not taxed ... the tax was paid on the way in.
    Mar 14 02:58 PM | 2 Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    rashbaugh, yea never said if it was resolved ... so, you could be correct!
    Mar 13 08:21 PM | 2 Likes Like |Link to Comment
  • How You Can Invest Like Warren Buffett [View article]
    I'm one, hate the taxes, no complaints about the weather. Actually, was complaining about the lack of rain, got 6 weeks recently. Clear and 80's this weekend sounds good. (zip == 96003)
    Mar 13 08:19 PM | 1 Like Like |Link to Comment
  • The Telltale Chart: Fact Or Fantasy [View article]
    An outcome isn't determined until it's observed.
    (my apologies about this gross simplification to theoretical physicists)
    Mar 13 08:15 PM | Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    rashbaugh,

    unmarried ... $5,081.25 plus 25% of the excess over $36,900 (until $89,500)

    a trust ... $3,140.50 plus 39.6% of the excess over $12,150 (no limit).
    Mar 13 07:42 PM | 1 Like Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    "What is UBTI? Well, it is definitely the amount stated by the MLPs as being UBTI on their K-1s, but apparently some tax advisors have taken the position that the "business" of the MLP is "unrelated to" the "business" of the IRA, so all of the income (distributions) is UBTI. Whether the IRS views it this way or not, I don't know, but I don't want to get mixed up in a fight over it."

    My understanding, not withstanding other "advisors", is that upon sale of the MLP, the distributions, in totality, 'at that point' become UBTI. This might be what you are describing as well.

    "the MLP is "unrelated to" the "business" of the IRA"
    This is an important point IMO. People refer to "their" IRA, which isn't exactly true. The IRA is its own thing, has a custodian (aka broker), an owner (typically an individual), and beneficiaries. This "thing" could have it's own taxes to pay ...

    "Whether the IRS views it this way or not, I don't know, but I don't want to get mixed up in a fight over it."

    I completely agree! Why bother, the distributions are already tax advantaged, no need to have it in an IRA.
    Mar 13 06:51 PM | 2 Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    One thing I think has been mentioned but worthy of re-iteration.
    If you are under 59 1/2 and doing a conversion, make sure you pay the tax from funds outside of the Trad. IRA. Otherwise the tax dollars spent from within the Trad. IRA are considered an unqualified distribution from the Trad. IRA and may be subject to the 10% early distribution penalty.

    You may be able to withdraw from a Roth without penalty to cover the taxes if previous contributions there are qualified (sufficient and in place over 5 years).
    Mar 13 01:36 PM | 4 Likes Like |Link to Comment
  • How You Can Invest Like Warren Buffett [View article]
    I wonder if I'm considered invested in powershares by holding IVZ? I've been profited from them for sure ;)
    Mar 13 12:50 PM | Likes Like |Link to Comment
  • The Telltale Chart: Fact Or Fantasy [View article]
    Larry,
    I think the point a few commenter are making is that TA can be partially self-fulfilling since it can spark the momentum. I suppose it's also just as likely some idiot banging a gong and screaming could spark momentum too.
    Mar 13 12:31 PM | Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number?: Part 3 [View article]
    I think it's trading at NAV right now ...
    Mar 13 11:11 AM | Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    bionic,
    All IRA's are considered in total when determining the percentage of pre-tax and after-tax contributions prior to conversion (1,2, or 13 doesn't matter). When the conversion is done, the percentage determines the taxable status of the converted $.
    Form 8606 is the worksheet.

    (I was originally going to use numbers for an example, and forgot to edit out the 100k reference)
    Mar 13 10:52 AM | Likes Like |Link to Comment
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