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re: OT- Cooking the Books
Posted on 8/9/16 at 8:23 pm to deeprig9
Posted on 8/9/16 at 8:23 pm to deeprig9
??
The guy who claims he has his 7, that's recommending folks buy CEF's inside a ROTH while we're all teetering on the edge of a fiscal cliff, is now quoting Ben Affleck in lines from Boiler Room.
Yes, let's shame people for not chasing winners while the market's at all time highs and overdue for a correction. And why not badger folks for being conservative and cautious and tell them financial advisors are all blood sucking fee vampires too. Everyone should be capable of making huge gains at all times in every market all by themselves.
Dude, just shut your pie hole and stop acting like something you're clearly not. After hearing your "advice" and "investing prowess", I'd bet dollars to donuts you're full of horse shite and in the lower half of middle classdom barely scraping by and trading on old 401k rollovers from jobs you were fired from.
The guy who claims he has his 7, that's recommending folks buy CEF's inside a ROTH while we're all teetering on the edge of a fiscal cliff, is now quoting Ben Affleck in lines from Boiler Room.
Yes, let's shame people for not chasing winners while the market's at all time highs and overdue for a correction. And why not badger folks for being conservative and cautious and tell them financial advisors are all blood sucking fee vampires too. Everyone should be capable of making huge gains at all times in every market all by themselves.
Dude, just shut your pie hole and stop acting like something you're clearly not. After hearing your "advice" and "investing prowess", I'd bet dollars to donuts you're full of horse shite and in the lower half of middle classdom barely scraping by and trading on old 401k rollovers from jobs you were fired from.
3
Posted on 8/9/16 at 8:38 pm to BeefDawg
U so mad bro
Posted on 8/9/16 at 8:55 pm to BeefDawg
quote:
in the lower half of middle classdom barely scraping by and trading on old 401k rollovers from jobs you were fired from.
That's a financial planner mike drop right there.
Posted on 8/15/16 at 11:41 am to BeefDawg
I spent this morning reading up on CEF's in Roth's and it turns out they are the absolute best place to hold such assets with 1 exception...
If you are heavily invested in income funds overall, you are better off to have your straight-up dividend yeilding funds in your Roth and the CEF somewhere not tax protected, because of the already inherent tax advantage of ROC.
And depending on your tax status right now, you may be even better off with a CEF in a plain old individual brokerage account to get the immediate tax benefit, and not worrying about the future tax consequenses (like if you are already retired and living off the income day to day).
If you are heavily invested in income funds overall, you are better off to have your straight-up dividend yeilding funds in your Roth and the CEF somewhere not tax protected, because of the already inherent tax advantage of ROC.
And depending on your tax status right now, you may be even better off with a CEF in a plain old individual brokerage account to get the immediate tax benefit, and not worrying about the future tax consequenses (like if you are already retired and living off the income day to day).
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