"Get in before the news is all over the street"
If retail knows the story, believe me--EVERYONE who matters also knows!
Presum#$%$bly the present#$%$tion w#$%$s solely for #$%$n#$%$lysts #$%$nd therefore it is doubtful there's #$%$ tr#$%$nscript.
Wh#$%$t is h#$%$ppening with Y#$%$hoo with the #$ etc?
"Also believe current buyers hope Kinder Morg#$%$n will sweeten the pot."
With just #$%$ few d#$%$ys to go until the vote, I#$%$ s#$%$y it's too l#$%$te #$%$ sweetened offer, don't you???
As f#$%$r #$%$s #$%$ price drop post closing of the de#$%$l(s), sure, th#$%$t's possible, but for those who intend to hold for longer th#$%$n #$%$ few weeks, #$%$ny decline would just be noise.
Thanks for sharing!
I can only speak for Fidelity, but this is how div reinvestment works:
KMI div pay date: 11/17
Fidelity buys shares for reinvestment so that the buy settles on pay date, or in this case, Fidelity bought KMI shares on the 12th.
Some of this activity is seen online prior to the actual pay date.
"Sorry pals tomorrow will be a bad day for the market the future down 80 points already"
Moral of your post: don't put too much "faith" in "the future"!!!
I see you're still giving out free advice; hopefully you are better than when you were pontificating on the SBAC board! (rather strange that you don't post there anymore LOL!!!)
Doesn't time fly!
I bought shares in SBAC 11/17/99, sold some shares just a few months later in the 50's, held during the drop to nineteen cents and lightened up in the 40's and more recently @ 100+.
I still hold approx. 1/3 of my original buy.
The ride sure was rough from point A to B, but ultimately rewarding.
I'm surprised so few retail investors invest in the tower stocks (I've been long AMT & CCI for a similar time frame, and have also sold some of those shares.)
"The only way salmon have a buttery flavor is with butter."
I know your goal in life is to be antagonistic, but...at least try to be accurate!
"Their flesh is highly valued for its nutritional content, including high levels of Omega-3 fatty acids, which attribute to their rich, buttery flavor."
P.S. The last time I bought a pound of butter was November 2012, and I STILL have some in the freezer!
I rarely use or consume the stuff.
No real loss if a pumper's posts are being deleted!
FOURTEEN freaking cents!!!
In all fairness, I don't think a two month period should be used as a proxy for Murphy's skills; at least let the guy be the captain for a full quarter...and perhaps a few quarters. Fixing FWM is not akin to simply flipping a switch...Murphy has a nice resume.
From Investopedia--a good source, IMO...I simply Googled "mutual fund long term gain distribution" and the following is from the third hit:
"Holders of mutual fund shares will be required to pay capital gains tax on any capital gains distributions made by the funds they own. Before 1986, all mutual fund shareholders were charged long-term capital gains on distributions, regardless of how long they'd held the funds. With the passing of the 1986 Tax Reform Act, shareholders now pay long- or short-term capital gains tax based on the time they've owned the fund."
Don't let taxes be the primary driver of an investment decision!
Option strike prices are not adjusted for dividends.
From Investopedia (a good resource IMO):
"While the stock price itself usually undergoes a single adjustment by the amount of the dividend, option prices anticipate dividends that will be paid in the weeks and months before they are announced. The dividends paid should be taken into account when calculating the theoretical price of an option and projecting your probable gain and loss when graphing a position."
CVX is ex div today; div payment is 1.07. Share price is adjusted down the amount of the div.
Yesterday's close 116.45 - 1.07 = 115.38 and this amount is shown on the quote page as "Prev Close".
"Buffet...I wish I could get his deals."
You can by buying BRK-A or BRK-B. But don't buy Berkshire for a dividend LOL.
Yes, the NAV will be adjusted down the amount of the distribution.
It is best to hold funds that typically pay out large distributions in a tax advantaged account and to hold more tax efficient funds (index funds) or individual equities in a taxable account.
"Maybe so, but for the past for years it's only done better - much much better."
Yup, I bet about TWO TIMES better than its underlying index.
Index up 5%, BIB should be up 10%
Index down 5%, BIB should be down 10%
It's the nature of the beast! (leverage).