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    MSFT---SPLIT and DIVIDEND

    So people bid it up .54 cents on a .16 dividend, and then it tanked $1 when guidance hit. I noticed that IBM hinted about a dividend. In the past the game was to beat low guidance, now I suppose it is to hint about paying the div. OOH wait, my Spilt Pager just went off too, man that thing...
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    Are top investors' brains wired for wealth?

    That is an interesting link. I don't know if anyone else finds that the more they trade the less time they devote to reading and/or listening to gurus. I used to read all the magazines and the wsj, ibd, etc. Now I skim and still have a few shows I like, but would rather just look at my...
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    hunger in america

    I got a PM from 42 members interesting in doing something in their communities. That's a lie, it was one but every bit helps. Here is a link that offers up all sorts of volunteer opportunities by zip code and topic. http://www.volunteermatch.org/
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    hunger in america

    For me that does not have to be a typical example. A sample size of 1 is large enough of a problem for me to be involved. But actually, that type of abuse and exploitation of children is very typical. Not just here but worldwide. If you feel better not believing it that is fine, people...
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    Trading with 5,000,000,000

    Im not sure what MRKXT is, but I'm guessing it is something similar. About once a week I overhear someone getting pitched about these super deals. This is pretty scary, but about 3 years back I was chatting with one of these MLM guys at a Starbucks. I told him where I worked in passing...
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    Waxie's crappy infomercial

    Puffy, You are right on. I read a few of his books, and they were not bad from a ra-ra get you moving standpoint. But as far as the business plan, there was nothing there. Buy Property, Invest, just no meat. This site is one of my favorites on GURUs of various periods, he does a nice...
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    Cop kills family dog during traffic stop!

    I see it both ways. Clearly there are police that are overly aggressive. And you can see this watching Cops. By the same token, I don't know that my second grade English teacher is the guy I want to show up if my life is in danger. There are certain personality types attracted to all...
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    You Are My Friend

    That made me weepy, I need a hug.
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    Waxie's crappy infomercial

    It is my guess based on reading his book that if he made $3,000,000 it was from selling books and his website subscriptions not his trading account. There was not a single "real trade" example in his book. Even the Nicolas Darvis book "How I made 2M" had some verifiable examples of trades...
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    Cop kills family dog during traffic stop!

    Maybe the do gooders with the video cams could provide some footage of some of the 50,000 assaults committed on police officers each year. Just for shits and giggles. Of course that does not make very good news copy. Table 36 Law Enforcement Officers Assaulted Type of Weapon by Number...
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    Trading with 5,000,000,000

    Nitro this is a no miss deal. The Back Drop: Im sitting having my coffee last night at my favorite coffee shop. The Approach: A man approaches me and says that he always sees me reading business pubs, and asks how would I like to work for myself. I ask: Is this Amway Him: No its...
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    hunger in america

    Josh, Habitat is a great organization as well. I helped on three houses a couple of years back. One of the nice things about Habitat is that the people who end up owning the house have to put in time helping to build it. Plus they assume a low or no interest loan on the property, so there...
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    hunger in america

    I hope you are joking, but here is one of today's headlines. http://www.nj.com/news/ledger/index.ssf?/base/news-6/104210340196380.xml
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    hunger in america

    Max, I certainly agree with you about the people who use the system. Even some of the agencies that buy the food have turned and resold it rather than distributing it. On the other side of the fence, last Saturday we had 3 groups of people who were scheduled to sort food. None of the...
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    hunger in america

    Surf, I volunteer two days, about 10 hours per week at my local food bank. Most of the work is physical labor, sorting salvage foods from grocery stores and food distributors. After being at home alone for most of the week I really enjoy getting out and being in a "work" type setting...
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    Trading with $500,000.00

    GreenDog doesn't post too much, but when he/she does, it is usually pretty good. In this case I thought it was pretty damn funny. My initial thought on the whole thread is that anyone who traded an account up to 500k should be GIVING advice and not asking for it. So maybe the whole question...
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    Trading with $500,000.00

    Here are my thoughts: Jumping from trading 100k to 500k is just plain stupid. Like racing a Go-cart vs Nascar. So consider trading for the next year with 200K. Take the other 300K and do something else with it. Now the next question is a matter of method and risk. If you are trading...
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    tax question

    Sanity, Assuming these were options you purchased you can treat these as Capital Losses. Most tax software will code this so the netting is correct. I am pretty sure that the losses are treated as short term capital losses, but I loaned out my tax guide so I can't check the exact treatment...
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    Goin' off the rails...

    Actually, by my math from 82 to 86 Tax Revenues dried up, hence the increase in 86. For instance in 81 Congress came up with ACRS to encourage business investment (sound familiar). Then in 86 this was replaced with MACRS which extends asset life and lowers the tax deduction. My point is that...
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    Goin' off the rails...

    I don't see how an unbalanced budget can be considered a tax cut. I have a buddy who just lost a 100K a year consulting gig. So my advice to him is get a platinum card with a 100k line of credit and bingo it is just like you still have the job. That doesn't make financial sense to anyone...
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