Just when you thought it was safe to margin again.
I've also yet to see an analysis of how AMT affects the new tax changes.
1 posted on
06/04/2003 12:34:38 PM PDT by
Starwind
To: AdamSelene235; arete; Black Agnes; Cicero; David; Fractal Trader; gabby hayes; imawit; ...
Fyi...
2 posted on
06/04/2003 12:35:16 PM PDT by
Starwind
To: Starwind
I don't have a problem with this. I don't profess to know a whole lot about margin buying, but I do know that they exacerbated the dot com collapse.
3 posted on
06/04/2003 12:43:51 PM PDT by
skeeter
(Fac ut vivas)
To: Starwind
I've also yet to see an analysis of how AMT affects the new tax changes. You just reminded me that Im going to have to scratch out a couple of checks in the next week or so.
Theres going to be a few happy people to see the dividend tax decrease. I know several retirees that have 100,000 - 250,000 or more shares of company stock and theyre getting ~$0.20/share every quarter. Thats a nice little shot of cash to have in addition to whatever pension they get.
A lot of that will end up getting blown in Vegas or some other tourist-type place. Im not sure how much that benefits the overall economy, but Ive seen them spread it around pretty thick in places like that.
To: Starwind
Just why wouldn't the owner of stock receive dividends? the short seller who borrows the stock from the broker pays the dividend and the brokers clears it all, so where do they come up with this wacky assertion? Hell, this has NEVER happened to me, in either a segregated or non-segregated account.
5 posted on
06/04/2003 12:59:48 PM PDT by
habs4ever
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