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[deleted126335]

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Doze,

With Dividend income likely to be taxed at double current rates by Obama next year what is your strstegy in your taxable account? Unlike you I will be selling mucho equities and funds in my taxable accounts and moving the funds into more tax favored vehicles like Index Funds, ETFs and Vanguard Tax managed mutual funds.

Also, I anticipate 4 more years of Obama will lead to slow growth, high taxes and low interest rates with the stock market becoming more volatile.

Eventually, Inflation hits us hard but you seem prepared for that scenario as am I with my Gold position.

Under current tax law the traditional recommendation is to fill tax deferred space with tax inefficient funds-REITs, taxable bonds, commodities, small value stock funds. Putting tax efficient funds - Tax managed stock funds, ETFs whose underlying asset is tax efficient in your taxable account (most stock funds). Reasons for this are capital gains and dividends taxed at lower rate, the ability to tax loss harvest in taxable account, step up in basis for your estate and can donate appreciated securities to charity.

If what is expected on Jan 1 come to pass, there is an excellent chance that the above advice will no longer apply to couples making over $250,000. I.e. one should fill taxable accounts with muni bonds and the most tax efficient funds only, using tax deferred space for almost everything else.

 

[BLADEMDA]

I expect Obama will win. I expect the market to start its 4-more-years-of-Obama sellof well before the election, because I expect that writing to be on the wall well before election day. I expect that as the markets tank, I'll rebalance money into stocks.


As for Apple. They make some neat stuff. But you guys don't know anything that everybody else doesn't also know. None of these bold predictions of $900 or $1000 have included any reason to believe that all of the anticipated future growth and sales of iPhone 5.6283 revision Q or whatever isn't already factored into its current price.

I don't buy individual stocks though, so it's purely an academic discussion for me. 🙂


The only thing I've done in the last year based on my philosophical beliefs and world outlook was buy silver while it was under $30, and I even picked up some gold while it was under $1600. But not that much, in the grand scheme of things. And I still feel dirty for letting emotion and my bad vibes about the economy and our currency get me to do that much.

Interesting. I am at my MAX allocation for precious metals right now. The recent sell-off in Gold and Platinum allowed me to quickly earn 15% on my Platinum position in less than 6 months.

With another 4 years of Obama in office there is NO WAY i'm a seller of GOLD here.
Precious Metal mining stocks look like a much better buy over the next 12-24 months than the metal itself but these stocks are even more volatile.

Buy the GDX or a Gold Mutual fund if you want to play metals over the next 12-24 months.

But, I'd wait for a pull-back before jumping into the GLD; mining stocks are still cheap though and can be bought here or the anticipated Obama re-election market sell-off.

 

[BLADEMDA]

If you own a Large cap fund, S&P 500 index, etc. it is likely you own some Apple stock. In fact, Apple may just be your funds largest single holding.

 

[pgg]

If you own a Large cap fund, S&P 500 index, etc. it is likely you own some Apple stock. In fact, Apple may just be your funds largest single holding.

I know. Although my SEP IRA is catching up courtesy of moonlighting my ass off, my largest investment account is my TSP (.mil version of 401k) and there are not a lot of choices for how to invest that money. There's no way to really avoid any particular company or sector. Ridiculously low expense ratio though. And - anything I put in while deployed is pre-tax going in, and tax-free coming out. I'm going to fund the hell out of it in 2013 ... should be easy to do, since I won't be sitting at home tempted by the class 3 section of Gunbroker and stuff with Lapua stamped on it. 🙂

 

[climbingak]

Where is a good/best place to buy high quality drop on your foot kind of gold/silver?