Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 13, 2017 3:53:46 GMT -8
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benoir
fire starter
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Posts: 1,319
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Post by benoir on Dec 13, 2017 4:25:33 GMT -8
..who’s gonna wake us up in the morning?
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coma
Member
Posts: 523
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Post by coma on Dec 13, 2017 4:34:28 GMT -8
Don't do anything crazy... I already did, had to sell some of my IRA to satisfy the MRD . . .
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
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Post by chinacat on Dec 13, 2017 9:46:44 GMT -8
Apple (AAPL): A Value That Goes Beyond iPhones is a week old, but it is still a good summary of what keeps the longs among us content. There are always issues that can and should be addressed, but it is clear that the future remains bright even after nearly a 50% gain in the stock price in the past year.
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Post by alxyz on Dec 13, 2017 10:08:50 GMT -8
With repatriation and the tax bill (good for AAPL but not me individually) I fell really good about AAPL prospects over the next six months.
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4aapl
Moderator
Posts: 3,657
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Post by 4aapl on Dec 13, 2017 10:16:42 GMT -8
The tax stuff is no longer top news, nor the fire in SoCal. You actually have to hunt for it now: Tax stuff: finance.yahoo.com/news/gop-tax-plan-trims-top-085607462.html"In a flurry of last-minute changes that could profoundly affect the finances of millions of Americans, House and Senate negotiators agreed to expand a deduction for state and local taxes to allow individuals to deduct income taxes as well as property taxes. The deduction is valuable to residents in high-tax states like New York, New Jersey and California. Negotiators also agreed to set the corporate income tax rate at 21 percent, said two congressional aides who spoke on condition of anonymity because they were not authorized to publicly discuss private negotiations. Both the House bill and the Senate bill would have lowered the corporate rate from 35 percent to 20 percent." I don't see anything about FIFO on capital gains...and those stories were from mid-November. I wish they'd get rid of the AMT for individuals, though we haven't had to deal with it lately. I'd also be ok with them getting rid of a lot of various deductions if it made everything easier. As for the SoCal fires, while many are at or near containment, the one near Ventura and Santa Barbara is only at 25% containment. Here's CalFire's site: www.fire.ca.gov/current_incidents
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Dec 13, 2017 13:55:24 GMT -8
House vs. Senate: The Tax Changes Up for Debate and How Different Taxpayers Would Fare (NY Times) So what other sort of repatriation is there than cash? And that tax rate is only for money already accrued, not going fwd, which will be a zero rate since we are switching to territorial tax like the rest of the world? Great news, assuming the FIFO nonsense doesn't happen. A huge increase in money to buy Disney and give back to shareholders and buy up shares that they have given away to executives like it's Monopoly money.
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benoir
fire starter
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Posts: 1,319
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Post by benoir on Dec 14, 2017 4:22:24 GMT -8
Who’s going to start Thursday’s tread? I’m going to bed. It’s iMac Pro Birthday tomorrow.... yay!! Here’s a fun article to end/start the day.... Bought AAPL in 1980
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