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jwill53

jwill53
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  • How To Identify Your Dividend Investment Goals [View article]
    dont forget the tranny gasket that gives out about year 4 and costs about $1200 to replace a $43 gasket due to labor involved.
    Apr 17 08:49 AM | 1 Like Like |Link to Comment
  • How To Identify Your Dividend Investment Goals [View article]
    Slam -sounds like you have changed your family tree - congratulations!
    Apr 17 08:47 AM | 2 Likes Like |Link to Comment
  • Prospect Capital: A 12.30% Yield With 15% Upside Potential [View article]
    shhhh - you're going to blow it for us long term drippers!
    Apr 14 09:07 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    or be in a higher risk pool with higher rates
    Apr 11 02:00 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think the "paying others way" argument has some merit:

    •Medicare Tax on Investment Income 3.8% over $200k/$250k
    •2.3% Tax on Medical Device Manufacturers 2014 (most likely to be passed thru)
    • An annual $63 fee levied by ObamaCare on all plans (decreased each year until 2017 when pre-existing conditions are eliminated) to help pay for insurance companies covering the costs of high-risk pools.
    • Individual Mandate (the tax for not purchasing insurance if you can afford it) 2014 Starting in 2014, anyone not buying "qualifying" health insurance must pay an income tax surtax at a rate of 1% or $95 in 2014 to 2.5% in 2016 on profitable income above the tax threshold. The total penalty amount cannot exceed the national average of the annual premiums of a "bronze level" health insurance plan on ObamaCare exchanges.
    • Tax provisions like the 10% tanning bed tax, taxes on drug companies, taxes on medical devices and taxes on health insurance companies selling insurance on and off the exchange may affect the amount of money we pay for some health care related goods and services, but will not have a significant impact on our daily lives.
    •Come 2018 there will be a 40% excise tax on high end health insurance plans.

    I think the issue with most new programs is the failure to design them to "stand on their own merit" so to speak, to be self-sustaining. It is patently wrong to adversely/over tax one group in order to give to another in any scenario.
    Apr 11 01:59 PM | 1 Like Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    my 2 cents, i think you'll regret disposing of EEP (7.6% yield) as we near the end of this year, early next - but understand your reasoning in regards to div growth rate and as you are in the distribution phase.
    Apr 11 01:16 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    sabres - you actually got to eat in a mess hall? I'm envioius.
    Apr 3 11:12 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    wyo - exactly! or - what was the one with the shrimp running on a treadmill?
    Apr 1 11:41 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    kwm - congrats on your success and ability to stroke a nice check to the govt - i think (me for one) that most people would not gripe and moan about paying taxes if they had faith that their tax dollars were used with care. couldnt find the study that i had referenced last year, but something like this: 12% of tax dollars used for safety net programs (social welfare programs, not medicare, VA, or ss), out of that 12%, only 20% ends up in hands of needy recipient - thats the problem. so if i have this correct, 5 welfare dollars to get 1 real dollar to user, 42 tax dollars to equal the 5 welfare dollars to get 1 real dollar to the user - this is either criminal or grossly imcompetent. i am sure #'s have changed since last yr but i cannot imagine by that much.
    Apr 1 10:09 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    losbronces - the solution to the making VAT not affect the poor disproportionately is this:
    1. Product classifications - basic subsistance items, basic clothing items, diapers, baby food etc - no tax.
    2. tax brackets for diff classifications - clothes, toys, etc, lower. LED tv's, gucci bags, etc higher

    you take away the argument that a VAT or nat'l sales tax hits the poor harder this way - but there are those that will cry out that we are keeping luxury items out of reach for them -
    Apr 1 09:42 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Bob - "Of course you didn't say what it is exactly he should or could be doing about that.

    Let's take a crack at it;
    To start;
    1. Tax incentives to those evil corporations to bring good-paying jobs back from overseas
    2. Tax incentives (to same evil corps) for adding/increasing coverage to workers across all pay scales - not just highly compensated employees
    3. Loosen up energy policy, embark on a comprehensive nuclear power program (while solar and wind are still pursued until economically feasible)(look-more jobs)
    4. Tighten up on illegal (yes, illegal) immigration and pursue an aggressive deportation policy - let's put people who are here legally into some of these jobs (or is the work beneath them?) and yes, i'm ok with paying a little more at the grocery store for produce if it costs more to get it there
    5. Manufacturing - i.e. - blows my mind how it is more cost effective to grow cotton here, send it overseas to be made into clothing, then brought back and sold here -again, i'm ok w paying more for some jeans or khakis. (and yes i know that india and russia are supplying most of the cotton to the textile producing countries-just one of those wtf's)

    That's a quick 5 minute thought process - i'm sure all SA readers could put their collective heads together and come up with a lot more (anyone ever see the movie "Dave" i think it was). Full disclosure - not an Obama fan, but not a fan of the current repub establishment either.

    both tents of the clown population have room for extreme improvement.
    Mar 31 03:03 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    blue - do not underestimate Russia's ability to wage war at the expense of their economy and civilian pop - having been at the receiving end of some of their more modern equipment (although in not very skilled hands), i, for one, would not want to (but would if necessary) face their professional military. barring escalation to nukes (everyone loses) their equipment is on par, if not possibly better in some areas, as ours.
    Mar 21 12:40 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl - let's not forget the palestinians. i'll give you the supermajority point - how about this - ethnic areas in major cities? somalis in minn-st paul, the ever-growing muslim populations that want to live under sharia law and not those of the US? point being, boundaries, most of which were determined long ago (admittedly, many by conflict), often do reflect cultural differences (Israel?) maybe the people should move to where the culture more directly reflects their own, rather than moving the boundary by force. i think the government's cost and investment in the resources within its boundaries need to be considered also. I think you actually reinforced my point with your choice of words - "leaving (yes)" vs becoming a new or part of another country within the former country's borders.
    Mar 21 12:30 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Mo - i think you need to consider that Russia forcibly "absorbed" the Baltic states you speak of post WWII and executed a program of ethnic russian integration for 30+ yrs. These states never really "voted" themselves into the Soviet Union.
    Mar 21 12:19 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    gggl, so, by that logic, for example, it would be perfectly acceptable to allow parts of Texas, New Mexico, Arizona, Southern Cal to vote to secede from the US and become part of Mexico?
    Mar 20 09:29 AM | 8 Likes Like |Link to Comment
COMMENTS STATS
169 Comments
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