In 2011 SS earned 114.4 billion dollars interest on those special US securities. That was 4.4% interest. I haven't seen the 2012 figures yet. I am happy that the Social Security Trust Fund is invested in US Treasury securities. That was 2.7 trillion dollars invested in the last figures I saw.
I can't think of a safer investment that pays reasonable rates.
Ruby, the way I read it, you misinterpreted mr. phil's statement. I think he was saying that I could go to professionals and very likely they wouldn't know much more about MLPs than I do. If that's what he meant, I agree. I've seen lots of stuff on the internet that was supposed to be from a dependable source but in fact was wrong.
I remember the Reagan tax cuts very well. As part of the burden those cuts placed on our grandchildren, the debt limit was raised 17 times during Reagan's administration and the National debt was almost tripled.
The debt limit was raised 7 times under GW Bush, and it looks like the Bush tax cuts will be more costly than the Bush wars.
Remember the economic boom during the Clinton administration? The top tax rate was last 39.6% during the Clinton administration, while the national debt was dropping.
The Reagan tax cuts stimulated the economy to some extent, but the GW Bush administration had the worst job creation record since World War Two according to the Wall Street Journal. The debt limit was raised 8 times during the Daddy Bush administration, 4 times under Clinton, and three times under Obama.
I'm glad I didn't ask that question. If I had, I might not have bought it.....in which case I wouldn't be up 23.3%, plus dividends.
I think it's just a matter of time before there are train engines running very efficiently on CNG. An Australian company, Orbital Corporation, is selling kits to convert cars to CNG, and is also working with large trucks. Orbital's specialty is low-pressure Direct Injection of fuel in liquid form, into the combustion chamber instead of into an intake port or into a carburetor. The fuel is injected with compressed air, which causes it to expand into a fuel/air mixture ready for ignition instantly when it's injected at the spark plug. That technique even allows diesel or kerosene to be used as the fuel for spark-ignited engines, and Orbital systems are used for two-stroke Mercury Optimax outboard motors and for U.S. military ATVs, and some motor scooters. Direct Injection is the latest technology for automobiles and trucks, but so far the systems have used very high pressure pumps to inject fuel-only into the combustion chamber. The extremely high pressure causes the fuel to spread and mix with air and it works pretty well in systems used by major auto companies. It's not quite as fuel efficient as Orbital's system though. Direct injection allows very high compression ratios to be used without premature detonation, so that means more power.
Liza has a history of providing helpful information in her posts, and she responds when less experienced investors asks for advice. Craig, a better strategy for you might be to put more effort into understanding her posts instead of being so negative and offensive. A good place to start might be to comment on the records of her trades which she has posted, instead of calling her names.
I just saw a post using the name norrishappy, and there was not a single mention of Progressives or Pagans or other unsavory characters. Or maybe you started taking your pills?
I sure was relieved to see CVRR take a big jump this morning. I'm way down on that one, after expecting it to do real well. I haven't given up on those hopes though.
I said elected officials, but I should have said the people who run our local, state and national governments, school districts, etc.
Sorry to hear that, Chance. I hope you are checking out your exchange to see if a better deal is being offered. I read that here in Texas the rates went down for many people. That's ironic, since the State didn't set up it's own exchange. My wife's Humana Gold plan went up two dollars a month, but the benefits went up too. Maybe the new Obama plan requirements affected the benefits? She's 76-years old, so getting maternity benefits won't help. :-)
I think the occasional repurchase of shares by SFI is a good investment for the company. I know it's been a good investment for me!
Yes, I guess that I am a non-resident payee, and a partner. My next step is to wait to see if the Revenue Agency replies to my letter.
This is looking like a form for BIP to fill out, since the worksheets ask for the names of all the partners.
I have written a letter to the Canada Revenue Agency seeking clarification.
Sortcuttthru, I found the forms and I will try to learn how to fill them out by looking at the web page you suggested..............thanks