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ocrenterParticipant
[quote=flu]
I’m gonna go try to pick up a box today… My kid never had one..[/quote]
Funny you should say that, my kid has never had one either. I think my last Twinkie was in the early 90’s. that was around the last time we got wonderbread too.
ocrenterParticipantthe typical battle of pro-union vs pro-business is once again playing out, we’ll probably see another 100 posts back and forth.
bottom line, sales have been declining for years, everyone proclaim love for it, but how many would eat it? The company was in bankruptcy 5 of the last 8 years! yes it makes for a great headline–“union strike leads to company’s death, killing jobs for 18000 workers,” but essentially we are looking at a fast quick death vs a few more months on artificial life support.
face it, the stuff is simply not fit for human consumption.
ocrenterParticipant[quote=flu]
Well, ocr, in a 401k it doesn’t matter. Because dividend returns won’t be taxed anyway. So in that case, a good strategy is just to enable automatic dividend investment imho..
Entry point however is key… I think entering this year is a bad idea…Well entering before fiscal cliff is resolved is a bad idea imho… Because until it’s resolved, markets are jittery..After it’s resolved, there may be even more of a panic sell…Better to buy on the way up then on the way down imho.
Talk a look at Phillip Morris. It’s crapping out..still….Also, consumer staples has been pretty good to me for the past 3-4 years. I use etf XLP.. But I think the game is close to over on that one….So I’m out on that too as of last week.[/quote]
true, I was thinking more along the line of after retirement. since the withdrawals will at that time be counted as income, the rate it is taxed would still be less assuming retirement income is less than current income.
that is a good point though about the 401k earnings not being taxed currently, as the divident heavy stocks will still have plenty of appeal for the 401k investors.
ocrenterParticipant[quote=flu]Speak of the devil…
Bold items are kinda of the issues.
Ummmm..It’s a no brainer……Sell….Dividend play is over…It’s done….
Reaction or over-reaction…People don’t want to take a chance in 2013.They are gonna try to cash out and get this year’s tax rates..
http://finance.yahoo.com/news/why-investors-dumping-dividend-stocks-175502252.html
Why Investors Are Dumping Dividend Stocks
The f[/quote]
Flu, this panic sell off may prove to be a good opportunity for the average 401k investors without expectation of high taxable income at retirement, no?
November 13, 2012 at 7:00 AM in reply to: Making $275K as a dentist, $400K owed in Federal Student Loans, $120K behind on Taxes #754597ocrenterParticipant[quote=no_such_reality][quote=spdrun]$275k less 50% for taxes = $137.5k/yr = $11.5k/mo
$11.5k/mo – $3k (loan) – $6k (back tax) = $2.5k/mo
Looks a bit less good, no?[/quote]
OMG, he needs a pay raise![/quote]
That is so far from reality it isnt even funny.
I don‘t know a single professional that has to pay that type of rate on taxes. For something more reality based, divide above estimate by about half.
As for the above rate, thats the rate used to gain sympathy when the help is requesting a raise.
ocrenterParticipant[quote=flyer]http://www.dailyfinance.com/2012/11/10/3-compelling-reasons-to-think-an-economic-boom-is-coming/[/quote]
if I recall correctly, this was one of the issues floating around during the election. Romney really didn’t have much of a plan to “improve” the economy because the economy was already heading toward a recovery. and he figured he’ll be able to take credit if he lands in the white house.
once again, the economy is cyclical and the president’s role in the economy is very much over-estimated. and both Obama and Romney knew this as well as anybody.
November 12, 2012 at 7:37 AM in reply to: OT-Why Did CIA Director Petraeus Suddenly Resign … And Why Was the U.S. Ambassador to Libya Murdered? #754449ocrenterParticipant[quote=EconProf]I am usually skeptical of conspiracy theories, especially sweeping and detailed accounts like this one. However, it has a ring of credibility to it, especially in how it fills in a lot of blank spaces in our understanding of the Bengazi incident. It appears that now that the election is over, a lot of political and economic coverups will be unmasked–too late, unfortunately.[/quote]
this is a very typical reaction when there are a lot of blank spaces and distrust.
just like the Pakistani general sentiment that Osama is not really dead and the whole thing is a US conspiracy.
November 9, 2012 at 3:02 PM in reply to: OT: Papa Doug’s monopoly on “news” in SD is now complete #754270ocrenterParticipantSeem like the UT endorsement was the kiss of death for candidates and propositions. Lets see if the UT can get a streak going.
ocrenterParticipant“Highly automated” manufacturing is the key.
The title of the article is very misleading.
ocrenterParticipantat least one incumbent involved in the fiasco is voted out.
ocrenterParticipant[quote=cvmom]I’m sure happy with the results. Except for the death penalty. C’mon people, in CA we’re not actually putting people to death (I think the last execution was in 2006). We’re just holding them on death row with MUCH higher costs.[/quote]
+1
ocrenterParticipantThe minority vote for Obama is quite impressive!
Blacks at 93%, Hispanics at 71%, and Asians at 73%.
The black vote is not much of a surprise, neither is the Hispanics given they are more working class, they are traditionally Dem, and they were under direct assault by the far right rhetoric. But the dramatic loss of the Asian vote, which is predominately upper-middle class is worth noting.
Remember, Asians use to be much more Republican leaning, with a mere 31% vote for Clinton and 55% for Bush Sr. How in the world did the GOP turn that completely around to 26% Romney and 73% Obama? Something for the GOP to think about.
ocrenterParticipantSo what happens now that the prophet leader lost the election?
…but the UT said Romney would win by a landslide…
ocrenterParticipant[quote=dumbrenter]
Actually they are not that a powerful lobby. This is why I just don’t get the pandering part. AARP, NRA, major pharma and the street special interests beat them by miles in terms of influence but I don’t see politicians on either side sucking up so shamelessly to these groups in public.[/quote]
The Israeli lobby is the most powerful foreign lobbying group on the hill in term of actual size, but its influence goes even deeper beyond its actual size. Jews are very well represented within the elite of various fields, catering to the Israeli lobby certainly help pave the way for better relations in many other areas.
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