If you buy Canadian Stock:
1. You will have to buy more maple syrup
2. You will have to join the Mounties
3. You will have to watch Curling on Canadian Cable TV
4. Donk is STILL an idiot
I believe the tax on dividends paid by Canadian companies to US citizens is 15%, So if you are in the US 10% or 15% bracket this would be worse for you since that would be 0% if it was a US company. Yes you can take the tax credit, but it is still paid. If you are in the higher bracket, then it is the same as your US rate. I also believe the latest law is that there is no withholding if the stock is in your IRA or 401K.
I know its entertaining, but you really shouldn't be conversing and demeaning someone with obvious mental illness.
I guess I am a minority of one when we talk about 'pay'. When, after year one I for most of us we do not get 'paid' or get a 'bonus'. I worked in one office that had about 6 first year pros. I don't think they had an issue with their hourly pay. Of course they wanted more hours. Some left after they saw how few hours they were getting. To me the eye opener occurs in year two when they see how little they are getting per return based on their certification level. But this isn't going to be changing, its how the 'expense' of tax preparers is kept down. For me, I don't care how much my hourly rate is, I just track my total commission and don't care when I get it.
I am thinking of starting a 'Shorters Newsletter'. Instead of doing the research myself, I will just recommend that readers short all of Donks 'buys'. For 'proof' I will just reference some of the idiots posts about Death Spiral, Land Bubbles, Cutting dividend on preferred to pay the common, etc. I will be on easy street, once the Newsletter ratings come out and I am near the top.
If he is losing all his money shorting monthly dividend paying stocks, how will he ever be able to get enough funds to put away in an IRA
diluted shares are worth more because... well they are worth more at $47 then at $35 before the dilutions. And they are paying a higher dividend than before. What a mixed up loser you are.
Yes!!! you finally got it almost right. But just have the order reversed. It looked good at $25, $35 and $45 and $55. While you were screaming death spiral. It still looks good, but certainly not a buy right now. I would look to add again at about $42, but until then would look elsewhere and just collect the dividends. Cha-Ching