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There are 4 McDonald's in my town. They have such great locations, they bulldozed one building and started from scratch...

Yeah, it was a joke...But this is not!! From a USO post I responded to earlier last week. Does the government treat LLPs different than other ETFs? Yes!! If a LLP is liquidated, does it send a red flag to the IRS? Yes!! I have been audited 3 times...All with my wife. We had our ducks lined up...

No worries...You've just entered into a master limited partnership. Hopefully you have enough room in your back yard to take possession of all that oil!!

Was look at investing some in this stock...Glad I didn't. This tells you how the market has priced this company!! But even as stores reopen, it'll be a while before the need to conserve cash passes. As if to emphasize that point, Kohl's said in a regulatory filing that it raised $600 million...

Personally I like the over/under for the Lotte Giants vs the Samsung Lions for tomorrow's South Korea League game...

That is all I'm saying. Much of the money that went to things like sports betting has now gone into the market. HOPE PEOPLE KNOW ABOUT STOP LOSSES AND WHAT HAPPENS WHEN A BID/ASK DISAPPEARS!!

I go to two 12 step programs (it includes gambling) during the week. Had one guy who moved from the poker room (he was very bad at it) to option trading...You know the end of the story. Ended up at our support group and was living in a 2 bedroom apartment with his ex-wife and three kids.

So Yahoo Finance is wrong then??

Just saying option "trading" may be seeing a jump because the casinos and poker rooms are quiet...Just saying it makes sense.

Saw this on Drudge...Interesting read. https://finance.yahoo.com/news/one-wall-street-veterans-explanation-of-weird-investor-behavior-gambling-185404104.html I do covered calls, usually way out of the money. Just wondering if now might be the time to do them again on quality stocks? Thing...

I'd like to share (think I've shared this before) how I find some of my stocks. I usually look for leaders in an industry (Walmart, McDonalds, Alibaba)...For safety and to try and dominate an industry. The other ones I look for are usually found in this little closed end fund. I go to...

Could USO go under... If you thought the collapse in oil prices this week was bad, next month could be “fundamentally worse,” with prices falling to -$100 a barrel, says one energy strategist. “Oil is difficult to handle and if you can't put it anywhere, it becomes an environmental liability...

One more thing from Schwab... Taxes on distributions not received. According to the SEC, MLP unitholders may still need to pay applicable taxes even if the MLP doesn’t provide the unitholder with cash distributions. For example, “if debt owned by an MLP is discharged in a restructuring or...

You are correct in this part. It may be more like airlines or trucking companies will use it for a hedge. It is also an LLP. I'll repeat that, so it can sink in...It is also an LLP!! Does the government treat LLPs different than other ETFs? Yes!! If a LLP is liquidated, does it send a red...

STAY OUT OF USO!!! Find an ETF of either oil and gas companies or an ETF of oil and exploration companies (that have a large volume of options). You can do the homework of looking those up. Eyes wide open... Do you really want to hire CPA to try and explain to the IRS how an LLP got...

I believe USO is an ETF of FUTURES only. I remember during tax time I would get a different kind of 1099 for USO. It is different than most ETFs. It is almost like a co-op...Best way to explain it. It is an LLP. It's like buying pork belly futures...It is not for the average investor. It...

A few weeks ago on here, I said the government will nationalize the airlines (consolidate and eliminate). Most people said I was insane, or it wasn't going to happen!! Like GM, the airlines will go to nothing. Be nationalized, then (hopefully) be sent out "to fly" (business wise) on their...

Yeah, notice my thread was in 2018...A lot of things have changed. I have done covered calls for the Jan 2021 just out of the money for many of my losers. I still use Obamacare...Turn 65 in Sept. I'll take SSI at that time too. I want to keep my income low to take advantage of the tax break...

True...Way too many employees. Direct TV and landlines are dying.

And you have to deal with commercial building codes. Also the Americans With Disabilities Act and California issues could be a real problem...