Official Let's Make Some Money Off Stocks Thread
#2493
Originally Posted by Saki GT,Jun 30 2010, 08:44 AM
No Tesla, but BP for sure. I keep looking at Citi but I'm not sure just how long its going to wallow at $3/sh.
I need a market drop so I can get back into Apple.
I need a market drop so I can get back into Apple.
I have been doing buy writes on Altria for two years now and it has worked nearly perfect. The difference is Altria has a fat dividend and not the same volatility, but the concept is the same.
#2497
Originally Posted by SilverSpoon01,Jul 5 2010, 05:17 PM
i am still buying BP and just waiting on these relief wells to plug this hole.
#2498
Registered User
Originally Posted by Elistan,Jun 29 2010, 03:33 PM
Not I. I sold nearly everything into bonds/fixed income stuff a few weeks ago, and while it's low enough to justify buying (the whole buy low/sell high thing) I think there's a bit more things have to fall.
#2499
Registered User
little FYI for all those holding MO KFT PG KO or any other dividend yeilding stock.
tax rates are returning to pre 2001 levels at the end of 2010. so, no more 15% tax on dividends, instead it will be taxed at ordinary income levels. something to consider.
tax rates are returning to pre 2001 levels at the end of 2010. so, no more 15% tax on dividends, instead it will be taxed at ordinary income levels. something to consider.