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Debbie, I am not a tax guru either, but here is the difference: Let's say I buy a house with payments of $2,000 per month - mostly interest in the first years (as it always is) - assume I pay $20K in interest for the year. If you have a small business in a rental house, I don't think it...

Just don't look around Beverly Hills! http://www.rentals.com/Apartments/California/Beverly-Hills/52725/ 2 2 1 1380 $5,600 Per Month Yikes! JJacksET4

Yep and it's funny to me that people seem to think that by renting you avoid condo fees or insurance for example - those are just tacked onto the rent. If I buy a house and pay $600/month for principal and interest + say $100/month for insurance + say $70/month for an HOA that does lawn...

Hmm. I don't think this part is correct - you can only write off $3,000 in trading losses in a year, right? You can have much more write off with the interest deduction. In other words, hypothetical person makes $80K - 22K taxes off their pay - lost $5,000 in stocks - paid $15K in interest...

Thanks for at least giving an estimate on the target - unlike most "gurus" who say things like "market about to hit 40,000!" and then 10 years later they say "I will still right - it just hasn't been enough time yet!" or whatever. I have never been a gold "bug", and I could certainly see a...

Actually what I have been doing with these kinds of ETFs is doing shorter term trades using longer distance put selling, especially after a strong market movement and/or increased VIX For example on 5/20, with FAS having dropped from ~28 to ~23, I sold 13 strike(!) Jan 11 puts for $317 each...

All the better for the values of my rental properties I guess! I wonder how many people aren't even aware they might be able to take low interest 401K loans for 10 years for down payment? As far as interest rates go, at some point, there isn't much difference as rates continue to fall...

Ouch. Calls now worth .05 bid/.15 ask. Big loss unless buyer already sold or big upmove tomorrow/later today! TNA at 35.7 as I type this. JJacksET4

I have to agree with mindtrade on this one. Not sure what the OPs timeframe for $250 is, but I would love to buy St. Gauden's coins based on $250 gold again! JJacksET4

Will, I just took a quick look at the VIX chart. http://finance.yahoo.com/q?s=^VIX ->If Link doesn't work, just get quote for VIX on yahoo.-< It looks like the market IV was around 25 when you bought the puts and fell to 23.5 later. This certainly seems to be a reason why the puts...

Will, I am certainly no expert on GOOG and I wasn't watching it today or anything, but I can imagine the IV may have dropped somewhat when the overall market gained in value (seems odd that it would when GOOG was dropping I admit, but the overall market fear (VIX) can have a large impact)...

Sign me up! I can't wait to sometimes gain 3% in a day!! :) JJacksET4

"More fed give away to those who brought big homes" Where does it mention only applies to those who bought big homes? You ever been to CA? There are plenty of small homes out here as well.

OK. It would be hard I suppose to go from 500K to 250 a week! I wanted to mention that in my comments I didn't mean to imply that I necessarily agree with the system at all - also I have never been on unemployment or any govt. help so I am not the type that has lived off govt. or anything...

yucca_mtn, Thanks for describing what you are doing - I think it seems like a reasonable strategy, especially given the facts that you mention in your first post that you look for - obviously you don't just select the stocks and the timing willy-nilly or anything. I have a couple of quick...

As far as I understand, in some states, you can get as much as 1/2 of your pay, and considering there would be no 401K taken out (of course, then you wouldn't be adding to that) and I imagine taxes would then be lower, you might make as much as 60-75% of your old salary for the Net pay...

Nope. Strangles are when you use different strike prices - for example a 45 put and a 50 call. Straddles are when the strike price is the same (50 put/50 call). Buying or selling has no bearing on the name (other then short/long). JJacksET4

First of all, the Controller is saying they can't do it due to technology (yes, he should be fired - probably charged with something). Second, once a budget is approved (and it could be a bad budget), those poor state employees will get FULL back pay. JJacksET4

It sounds to me like you don't appreciate what good Realtors do in many cases - sure people talk about homes selling quickly and anyone can do that, etc and there is truth to that in a good market. Think about it - if this market IS tough, then they do have some costs (such as ads, etc.) and...

magic, One more thing you really have to look into and understand if you don't yet is IV and the extreme role it can play, especially around earnings. live_vol has many good posts that show the general idea here. I don't normally play these so often, but the idea is this: Let's say XYZ...