|
12-14-2017, 09:09 PM | #1486 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
And this is pretty shitty.
Quote:
https://www.fool.com/investing/2017/...vidual-in.aspx |
|
Posts: 46,068
|
12-15-2017, 05:41 AM | #1487 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
|
Yeah, the FIFO change would suck. Funds complained and the Senate changed it to only affect regular Joe's holding stock :/
That said as of last night it was currently not in the amended plan though it's still a work in progress. Id rather they make the 401k changes they were discussing than the FIFO change. The media took care of that though, hah. Quote:
Last edited by ChiliConCarnage; 12-15-2017 at 05:47 AM.. |
|
Posts: 6,249
|
12-15-2017, 09:30 AM | #1488 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
|
FIFO is not going to be part of the tax bill so no need to continue worrying about it. If it were even a chance you'd see an ass load of tax loss selling right now. Instead we are up 18 points on the SPX
|
Posts: 129,405
|
12-15-2017, 09:32 AM | #1489 |
Fish are scared of me
Join Date: Nov 2001
|
|
Posts: 40,779
|
12-15-2017, 09:36 AM | #1490 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
|
|
Posts: 129,405
|
12-15-2017, 10:24 AM | #1491 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
Quote:
I've cut about $800 off my $2,000 loses so far. |
|
Posts: 52,112
|
12-15-2017, 10:39 AM | #1492 |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
|
So for those who pay more than $10,000 in combined real estate and state/local property taxes, I'm hearing that it makes sense to prepay real estate taxes for 2018 in 2017, if possible. Also, for those paying quarterly estimated taxes, instead of paying the final state estimated income tax on 1/15/18, prepay that in 2017 also.
Those steps obviously allow for deduction in 2017, when they would potentially be lost otherwise due to the new tax bill that seems likely to get through Congress. |
Posts: 43,125
|
12-15-2017, 11:06 AM | #1493 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
|
In my current philosophy, I struggle with recommending stocks, because my system of picking is laughable. In terms of recommending, do I talk up stocks that have taken a beating and should turn around, or stocks that are making a run and may be running out of steam? I never know.
That said, here are a few that I like, in no particular order: TTWO - You know them as the makers of Grand Theft Auto. They don't pay a dividend and I bought them before my dividend strategy was embraced. But wow - this company would've made me affluent if I'd just kept my original holdings and not sold any off. It's quintupled in the last five years. CODI - Holding company for a bunch of products I've never heard of. The stock price never moves, but it pays an 8%+ dividend. In the current bull market that's not a winner, but in the long run it is. CVGW - Avocado grower. Pays a 1.3% dividend, and it just always goes up for me. SEP - Natural gas pipeline company. It's down over the past couple of years, but it pays almost a 7 percent dividend and I keep thinking it'll turn around. I got a good runup three or four years ago. PSX - I've read that Phillips 66 is more of a refiner than a producer, so they're less volatile to oil prices. Pays a 2.8% dividend. RCL or CUK - Lots of baby boomers retiring with money, so I like cruise lines, and they countercycle with oil prices. RCL pays a 1.9% dividend and CUK pays 2.8% MPW - REIT that leases medical office space. Pays a 7.1% dividend. Kind of like CODI above, in that the stock price doesn't move but it returns more than inflation. GOOG - Probably everyone should have some Google at this point. NDSN - As near as I can tell, they make nozzles and things for spraying stuff in industrial use. (Shrug.) 0.8% dividend, but it's done well for me. You may have missed the boat on it since it jumped 17 percent yesterday. VZN - Pays a 4.5% dividend. I've muddled along with this stock but think it's a long-term gainer. Just a hunch. SSW - I've lost my shirt on this ocean freighter company, with the stock down 40 percent since I bought it. But come on - it's profitable and it pays an 8.5% dividend. I've been buying it the whole way down until I reached a limit on how much I'll put into any stock. If it comes back, it'll produce some big gains and I don't see why it's down so much. I kind of want to buy more. |
Posts: 142,670
|
2 0 |
12-15-2017, 11:16 AM | #1494 |
MVP
Join Date: Aug 2005
|
BITCF was the one I was talking about yesterday with the big bid/ask spread. It's still at $1.49/$1.92 (at the time of this post), which is almost a 33% difference. But it has gone up 47% today.
|
Posts: 14,597
|
12-15-2017, 11:40 AM | #1495 |
Fish are scared of me
Join Date: Nov 2001
|
Was listening to Bloomberg yesterday. They say professional stock brokers as well as amateurs are wrong 70% of the time. The difference is the pro's cut their losses quickly while most amateurs try to ride a stock until it turns around and many times they add to it to average down and just lose it all.
I'm pretty sure thats right from my own stupid shit I've done. |
Posts: 40,779
|
12-15-2017, 12:41 PM | #1496 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
|
Quote:
This is Lam Research. Pretty much every semi.. NVDA, MU, AMAT, etc. Then anything up a ton in US Tech or China Tech |
|
Posts: 6,249
|
1 0 |
12-15-2017, 12:55 PM | #1497 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
Quote:
|
|
Posts: 57,710
|
12-15-2017, 01:12 PM | #1498 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
|
Quote:
That's not good, though. |
|
Posts: 142,670
|
12-15-2017, 01:36 PM | #1499 |
Fish are scared of me
Join Date: Nov 2001
|
Bought INTV 2 weeks ago .Up 104% today and 126% since I bought it. Hope the guys don't short it before close today because I'm letting it ride.
GBTC RIOT MARA All kicking ass today |
Posts: 40,779
|
12-15-2017, 07:27 PM | #1500 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
|
Quote:
SSW has a 218% payout ratio. Just the common shares dividend seems more than income can cover. Looking at the balance sheet, they've been diluting shares which probably has caused the stock to sink. cvgw looks nice though. Put it on my watchlist. |
|
Posts: 6,249
|
|
|