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Direxion Daily Latin America Bull 3X ETF Message Board

judge_smailes8 9 posts  |  Last Activity: 5 hours ago Member since: Dec 17, 1999
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  • Correct me if I am wrong, but aren't Altria and Reynolds ideal investments going forward over the next 10-20 or longer? They are in an industry dominated by two major players, controlling something like 85% of the U.S. tobacco market. Their products are addictive so they have loyal customers. Although the number of U.S. smokers has been decreasing for decades, smokers are very loyal. Altria and Reynolds aren't foolish enough to engage in a price war and each has a certain degree of pricing power. There are also huge barriers to entry given the advertising prohibitions.

    Obviously there is always the potential for the government to completely ban smoking and there is an ongoing litigation risk. MO and RAI seem like ideal investments for anyone who plans on investing for a long period of time.

    Sentiment: Strong Buy

  • judge_smailes8 by judge_smailes8 Jul 23, 2015 11:41 PM Flag

    Every time I think the EWZ is about to bottom, more bad news comes out of Brazil, which causes EWZ to re-test its lows or hit new multi-year lows.

    Are we going to have to wait until mid-2016 before EWZ finally bottoms? I would think that EWZ is due for a large pop if Brazil ever gets inflation under control and starts growing and attracting new investor money again...

  • judge_smailes8 by judge_smailes8 Jul 23, 2015 11:38 PM Flag

    It astounds me that Latin American stocks have performed so poorly since 2010. Every time I think that the Latin American stocks are about to bottom, more bad news comes out of Brazil which causes their markets to hit new multi-year lows....

  • judge_smailes8 judge_smailes8 Jun 24, 2015 2:07 PM Flag

    Thanks. I do own RDS-B shares in a taxable account and in an IRA. I took the dividend in cash in my IRA because I heard that the dividend would be reinvested into shares of RDS-A, not RDS-B.

    However, I decided to reinvest my RDS-B dividend in my taxable account and it was reinvested into shares of RDS-A, which is confusing. Luckily, however, there was no 15% withholding.

    Sentiment: Buy

  • I know that anyone who receives the dividend from RDS-A in cash will be subject to the 15% Dutch tax withholding. Is the dividend also subject to the 15% Dutch withholding if the shareholder receives the dividend in the form of more RDS-A shares under their scrip program?

    Sentiment: Buy

  • Reply to

    BTI Dividend reinvestment through Fidelity

    by judge_smailes8 May 14, 2015 2:43 AM
    judge_smailes8 judge_smailes8 May 15, 2015 2:58 PM Flag

    I figured it out. There is a 1 cent/share ADR fee deducted from the dividend.

    Sentiment: Buy

  • judge_smailes8 by judge_smailes8 May 15, 2015 6:41 AM Flag

    The Inverse VIX Short Term Futures index is on fire right now! When SVXY dropped into the upper 40s at the end of January, some people here were thought it was going much lower. Yet here we are approaching the mid-80s. SVXY may break through $100/share by the summer.

    I do admit that the drop from mid-Oct 2014 through Jan 2015 caught me off guard and reminded me of just how volatile and unpredictable the underlying index is.

    Sentiment: Strong Buy

  • I purchased my first shares of BTI through Fidelity in early March and automatically reinvested my first dividend. I was charged a small reinvestment fee. Is this an ADR fee?

    Sentiment: Buy

  • judge_smailes8 by judge_smailes8 May 14, 2015 2:42 AM Flag

    I have read in several places that the amount of the dividend paid on 5/12/15 was supposed to be $3.105924/share. However, I checked my Fidelity statement and it looks like I actually received $3.06167/share. That isn't a huge difference, but it about 1.4% below what I thought it was going to be. Is this discrepancy due to strengthening of the US Dollar relative to the British pound?

    Sentiment: Buy

LBJ
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