Forum Replies Created
-
AuthorPosts
-
Daniel
ParticipantSorry, I see Ray pretty much covered it all. Ray, you type damn fast 🙂
ParticipantSorry, I see Ray pretty much covered it all. Ray, you type damn fast 🙂
ParticipantThere should also be an expiration date (sometime far in the future, not Sep 2007, which is the grant date). Also, it should be clear from the text whether she’s got options for 1,100 shares (that would be 11 standard contracts), or perhaps more.
Whenever she exercises the options, she will get 1,100*(stock price on that date – $26.35), if stock price is above $26.35, or nothing otherwise. She can exercise up to the expiration date. However, there are lots and lots of tax implications on option awards, and it may be very complicated (due to tax issues) to decide what the best course of action is. There may also be strings attached.
PS: yes, this is certainly an opportunity to invest in the company she works for. Whether it’s a good or bad investment, only future will tell.
ParticipantThere should also be an expiration date (sometime far in the future, not Sep 2007, which is the grant date). Also, it should be clear from the text whether she’s got options for 1,100 shares (that would be 11 standard contracts), or perhaps more.
Whenever she exercises the options, she will get 1,100*(stock price on that date – $26.35), if stock price is above $26.35, or nothing otherwise. She can exercise up to the expiration date. However, there are lots and lots of tax implications on option awards, and it may be very complicated (due to tax issues) to decide what the best course of action is. There may also be strings attached.
PS: yes, this is certainly an opportunity to invest in the company she works for. Whether it’s a good or bad investment, only future will tell.
ParticipantThere should also be an expiration date (sometime far in the future, not Sep 2007, which is the grant date). Also, it should be clear from the text whether she’s got options for 1,100 shares (that would be 11 standard contracts), or perhaps more.
Whenever she exercises the options, she will get 1,100*(stock price on that date – $26.35), if stock price is above $26.35, or nothing otherwise. She can exercise up to the expiration date. However, there are lots and lots of tax implications on option awards, and it may be very complicated (due to tax issues) to decide what the best course of action is. There may also be strings attached.
PS: yes, this is certainly an opportunity to invest in the company she works for. Whether it’s a good or bad investment, only future will tell.
ParticipantThere should also be an expiration date (sometime far in the future, not Sep 2007, which is the grant date). Also, it should be clear from the text whether she’s got options for 1,100 shares (that would be 11 standard contracts), or perhaps more.
Whenever she exercises the options, she will get 1,100*(stock price on that date – $26.35), if stock price is above $26.35, or nothing otherwise. She can exercise up to the expiration date. However, there are lots and lots of tax implications on option awards, and it may be very complicated (due to tax issues) to decide what the best course of action is. There may also be strings attached.
PS: yes, this is certainly an opportunity to invest in the company she works for. Whether it’s a good or bad investment, only future will tell.
November 5, 2007 at 10:41 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95913ParticipantRustico,
No offense meant to those posting on that thread, I’m aware the topic has drifted. But I guess I do feel pity for the poor suckers, wherever they may be, who paid the big bucks for that piece of software…
November 5, 2007 at 10:41 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95973ParticipantRustico,
No offense meant to those posting on that thread, I’m aware the topic has drifted. But I guess I do feel pity for the poor suckers, wherever they may be, who paid the big bucks for that piece of software…
November 5, 2007 at 10:41 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95978ParticipantRustico,
No offense meant to those posting on that thread, I’m aware the topic has drifted. But I guess I do feel pity for the poor suckers, wherever they may be, who paid the big bucks for that piece of software…
November 5, 2007 at 10:41 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95989ParticipantRustico,
No offense meant to those posting on that thread, I’m aware the topic has drifted. But I guess I do feel pity for the poor suckers, wherever they may be, who paid the big bucks for that piece of software…
November 5, 2007 at 10:16 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95901ParticipantNo way, Alex. One’s got to make larger or more frequent payments in order to pay the mortgage early (as you say, bi-weekly, for example). It’s as simple as that. More money needs to come out of one’s pocket and go to the bank, it’s basic math. Every two weeks, every full moon, every time the Padres win, whatever. The thing is, if one makes extra payments, then the mortgage will be paid off early.
And, since we’re on this topic, let me address the miracle software thing discussed on a nearby thread. Ahem… I’ll try to put on a straight face… OK, I give up… Bwahahahahhahaha…
But seriously now: how could anybody fall for that scam is beyond me. Do people really have no math skills whatsoever these days?
November 5, 2007 at 10:16 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95961ParticipantNo way, Alex. One’s got to make larger or more frequent payments in order to pay the mortgage early (as you say, bi-weekly, for example). It’s as simple as that. More money needs to come out of one’s pocket and go to the bank, it’s basic math. Every two weeks, every full moon, every time the Padres win, whatever. The thing is, if one makes extra payments, then the mortgage will be paid off early.
And, since we’re on this topic, let me address the miracle software thing discussed on a nearby thread. Ahem… I’ll try to put on a straight face… OK, I give up… Bwahahahahhahaha…
But seriously now: how could anybody fall for that scam is beyond me. Do people really have no math skills whatsoever these days?
November 5, 2007 at 10:16 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95967ParticipantNo way, Alex. One’s got to make larger or more frequent payments in order to pay the mortgage early (as you say, bi-weekly, for example). It’s as simple as that. More money needs to come out of one’s pocket and go to the bank, it’s basic math. Every two weeks, every full moon, every time the Padres win, whatever. The thing is, if one makes extra payments, then the mortgage will be paid off early.
And, since we’re on this topic, let me address the miracle software thing discussed on a nearby thread. Ahem… I’ll try to put on a straight face… OK, I give up… Bwahahahahhahaha…
But seriously now: how could anybody fall for that scam is beyond me. Do people really have no math skills whatsoever these days?
November 5, 2007 at 10:16 AM in reply to: Can splitting mortgage payment help you shave 10 years from 30 year loan? #95974ParticipantNo way, Alex. One’s got to make larger or more frequent payments in order to pay the mortgage early (as you say, bi-weekly, for example). It’s as simple as that. More money needs to come out of one’s pocket and go to the bank, it’s basic math. Every two weeks, every full moon, every time the Padres win, whatever. The thing is, if one makes extra payments, then the mortgage will be paid off early.
And, since we’re on this topic, let me address the miracle software thing discussed on a nearby thread. Ahem… I’ll try to put on a straight face… OK, I give up… Bwahahahahhahaha…
But seriously now: how could anybody fall for that scam is beyond me. Do people really have no math skills whatsoever these days?
-
AuthorPosts
