Comments on: Motley Fool Flogs One Pick for your IRA? Weekend Thoughts http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Sat, 21 Nov 2009 04:01:25 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Jim http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html/comment-page-1#comment-3132 Jim Tue, 20 May 2008 17:24:34 +0000 http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html#comment-3132 I put my entire 2007 Roth IRA contribution into CSE in early April; it's gone from $10.82 to $15.75 in less than two months. Pretty much just dumb luck, I think, but I'll take it :) As for why the Motley Fool report was specifying IRA: it's an REIT, which means the actual dividend portion of its dividends (not the returned capital portion) is taxed at your top marginal rate. Sticking it in an IRA delays those taxes until you withdraw the money (unfortunately, it converts your capital gains to ordinary income at that point, too). I put my entire 2007 Roth IRA contribution into CSE in early April; it’s gone from $10.82 to $15.75 in less than two months. Pretty much just dumb luck, I think, but I’ll take it :)

As for why the Motley Fool report was specifying IRA: it’s an REIT, which means the actual dividend portion of its dividends (not the returned capital portion) is taxed at your top marginal rate. Sticking it in an IRA delays those taxes until you withdraw the money (unfortunately, it converts your capital gains to ordinary income at that point, too).

]]> By: StockGumshoe http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html/comment-page-1#comment-1749 StockGumshoe Fri, 14 Mar 2008 19:03:18 +0000 http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html#comment-1749 I don't usually remember to go back and mention my holdings on older posts, but thought I'd note that I did get stopped out of about 70% of my CSE holdings today when everything sunk on the Bear Stearns news. I'm still holding the protective puts, one of the few positive movers in my portfolio today. I don’t usually remember to go back and mention my holdings on older posts, but thought I’d note that I did get stopped out of about 70% of my CSE holdings today when everything sunk on the Bear Stearns news. I’m still holding the protective puts, one of the few positive movers in my portfolio today.

]]> By: Brian B. http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html/comment-page-1#comment-1699 Brian B. Tue, 11 Mar 2008 19:45:58 +0000 http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html#comment-1699 I don't see much profit in getting into this yet. CSE is going to suffer along with Bank Sector for as long as it takes. Good investing. I don’t see much profit in getting into this yet. CSE is going to suffer along with Bank Sector for as long as it takes. Good investing.

]]> By: j mick http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html/comment-page-1#comment-1662 j mick Sun, 09 Mar 2008 17:30:23 +0000 http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html#comment-1662 It seems mortgage REITs may be approaching good buying opportunity if u have the stomach/nerve for it. I see that FBR has insiders buying heavily at these prices- over $3 million each direct share purchase for 2 insiders- Chairman & director I think. It seems mortgage REITs may be approaching good buying opportunity if u have the stomach/nerve for it. I see that FBR has insiders buying heavily at these prices- over $3 million each direct share purchase for 2 insiders- Chairman & director I think.

]]> By: MWalsh http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html/comment-page-1#comment-1660 MWalsh Sun, 09 Mar 2008 09:49:46 +0000 http://www.stockgumshoe.com/2008/03/motley-fool-flogs-one-pick-for-your-ira-weekend-thoughts.html#comment-1660 I sold July puts @ 60-70% vol. I hope to be put, average cost will be $11.40. 1) they have about a 10% increase in shares through their DSPP. This is good short term cash but will increase their div payout. 2) banks are starting to cut funding lines. This is death for these businesses. 3) TierOne deal could very likley fail. Look at MMAB - they cut their div by 50% and the stock tanked +60-70%. At implied vols like these SELL puts if you want to own, don't buy puts and be long stock. I sold July puts @ 60-70% vol. I hope to be put, average cost will be $11.40.
1) they have about a 10% increase in shares through their DSPP. This is good short term cash but will increase their div payout.
2) banks are starting to cut funding lines. This is death for these businesses.
3) TierOne deal could very likley fail.
Look at MMAB – they cut their div by 50% and the stock tanked +60-70%.
At implied vols like these SELL puts if you want to own, don’t buy puts and be long stock.

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