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jbzw

jbzw
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  • Fixed Income Momentum - June 2013 [View article]
    Thanks for your informative article. I continue to hold higher yield bonds in the above categories bought below, at or near par with maturities of less than four years. The deliquent rates continues to be low and several companies such as First Data, Harland Clark, and Qwicksilver have been making partial calls. Please keep us advised and I appreciate your excellent work.
    Jun 2, 2013. 02:27 PM | 1 Like Like |Link to Comment
  • I Am Back [View instapost]
    Great news! Looking forward to your excellent advice.
    May 31, 2013. 09:14 AM | Likes Like |Link to Comment
  • RAIT Financial: Misunderstood And Undervalued [View article]
    Good call. I am long several of its preferred.
    May 26, 2013. 09:38 AM | Likes Like |Link to Comment
  • RAIT Financial: Misunderstood And Undervalued [View article]
    Thanks for your article. I am also long its preferreds.
    May 24, 2013. 07:38 PM | Likes Like |Link to Comment
  • Is Fifth Street In The Wrong Neighborhood? [View article]
    Thanks for your detailed article. Since FSC pays monthly, I calculate the annual rate of return as over 11%. Please continue to provide your careful analysis of these types of investments.
    May 19, 2013. 10:09 PM | Likes Like |Link to Comment
  • What Will $2 Million Get You In Retirement? [View article]
    Roths need to be done in a systematic fashion to spread out the taxes. However, remembe that there are no MRDS on withdrawals from Roths and withdrawals do not count as income in determining taxes on Social Security payments.
    May 18, 2013. 07:02 PM | Likes Like |Link to Comment
  • What Will $2 Million Get You In Retirement? [View article]
    Its already in place for Medicare insurance premiums!
    May 18, 2013. 06:57 PM | Likes Like |Link to Comment
  • Mid-Con Energy Update - Volumes And Distributions Set To Flow Higher [View article]
    Thanks for your article. It has been strong and I am long!
    May 17, 2013. 10:33 PM | Likes Like |Link to Comment
  • What Will $2 Million Get You In Retirement? [View article]
    Since these folks have 5 years or some before the MRD hits, they could make Roth conversions to reduce the amount of tax on the required MRDs to lessen their tax impact. As a part of that plan, they could buy higher yield bonds in their regular IRAs and convert them in kind just before the semi-annual interest is due. While the value of the bond is taxed on the conversion, my understanding is that the accrued interest passes without any tax. Once the MRDs hit ( which can be managed within the SS taxability amounts), they can alternate years to withdaw from their Roth every other year so that their taxable income is minimal or close to it. Then in the next year they can contine to make Roth conversions while paying small quarterly payments based on the low income and have until April of the next year to pay the complete tax. Two million gives a lot of flexibility and the couple should invest a few well spent dollars in getting some professional tax advice. You are so correct that taxes must be considered. Thanks again.
    May 16, 2013. 08:47 PM | 3 Likes Like |Link to Comment
  • What Will $2 Million Get You In Retirement? [View article]
    Thanks for your article. However, if the couple is receiving $35,0000 per year in SS befefits, they should never run out of money if they only need an additional $56,000 per year. Indeed, they may never even have to invade their principal.
    May 16, 2013. 02:34 PM | 4 Likes Like |Link to Comment
  • Bull Of The Day: Private Bancorp [View article]
    Thanks for the article. I am long its preferred PVTBP with its 9.7% yield. It trades around par with carried interest.
    May 6, 2013. 09:15 PM | Likes Like |Link to Comment
  • Thompson Creek: Undervalued As Mount Milligan Approaches Completion [View article]
    Thanks for your article. I am holding the TC 5/1/19 bond - Cu 884768ae2 - which currently yields @ 12% and still trades below par. Please keep us posted.
    May 6, 2013. 09:11 PM | Likes Like |Link to Comment
  • Clarifications And Focus From NIHD Q1 Earning Transcript Highlighted  [View instapost]
    Thanks for the update!
    May 4, 2013. 10:24 PM | Likes Like |Link to Comment
  • NII Holdings: A Raging Buy Emerges From Misread Of EBITDA - $13.13 Target [View article]
    Thanks for your extensive review. I am long two bonds- cusips 67021bac3 and 67021bad1. The first is selling below par with a current yield over 9%. The seond is slightly above par with a current yield of 9.6%. Please keep us posted.
    May 3, 2013. 09:15 PM | Likes Like |Link to Comment
  • Want To Retire Before 60? Here Is What You Need To Know [View article]
    When you include social security income, you must also figure that 85% of it will be taxable income after your $ 45000 or so of additional income is paid to you. If your MRDs exceed that amount the SS money gets taxed, and throws you into a higher bracker. Add in some means tested increases in your medicare insurance premium, and the amounts continue to rise. Roths need to be considered to the max! Thanks for your article.
    May 1, 2013. 11:26 AM | 1 Like Like |Link to Comment
COMMENTS STATS
782 Comments
490 Likes