bookie71
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Posts posted by bookie71
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When I went to college in the dark ages (early 1960's) the business law text said that (paraphrased) corporations were artificial beings created by state law and their "rights" were only those rights specifically granted to them by the states.
Things have sure changed - and not for the best imho
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FBAK (First National bank of Alaska)
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I think you are missing the point, "A happy wife makes for a happy husband"
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fyi
Rotary International started the Polio eradication program (Polio Plus) and the Gates Foundation helped it along.
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That's what I said. Donor is the gifter.
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not to discourage someone giving him several millions dollars but his basis would still be his dad's basis
Did the new tax law do away with the step up in basis on death? On the old tax law a gift is valued at the donor's cost basis, but at market value if passed on at death (inherited)
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I'm trying to convince swmbo (she who must be obeyed) to let me buy a Ferrari as an investment. She says I should keep my 2002 Toyota Tundra and quit dreaming. ;D :)
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I suspect that these two have been "unofficial" directors for years. This now makes it official.
jmho
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article about a Space X engineer
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FBAK (First national Bank of Alaska) and NRIm (Northrim) are tow who have survived the up and down Alaska economy.
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No easy answer, but remember that when he passes you will get a step up in basis. How is his health? Many factors should be considered. Watch out for unintended consequences.
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The Money Masters by John Train (introduced me to WEB)
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I pay for it every year. When I first started my Keough (proprietorship profit sharing plan) I had enough to buy 10 shares at somewhere around 600 per share. I let the broker talk me out of it. I pay each year and no longer listen to brokers. I finally started listening to myself at 19,000.
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I believe it was in one of the annual letters. He didn't mention booze.
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Here are rates for quite a few years. what effect did they have on economy (about a year later)?
https://taxfoundation.org/federal-corporate-income-tax-rates-income-years-1909-2012/
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About 1965 or 66 when I got out of college. Started seriously in 1971 or 1972. The first stock in 65 or 66 was Solitron Devices, luckily only a few shares as they tanked a few months later.
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I believe that when Lincoln was going to make him in charge, one of his cabinet said to the effect, "But he is a heavy drinker"
Lincoln said, "Find out what brand he drinks and send some to the rest of my generals"
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I believe it is much more restrictive than that. Buy an hour of an experts time and be sure, the penalties are terrible
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Please check out the "prohibited transactions". You might be OK, but get a Pension expert's opinion as it might be "self dealing".
It's way out of my pay grade.
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Be careful if you are thinking of signing up for their free year of credit monitoring as you give up your right to sue them.
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I too had a position for quite a few years and finally got out. Just because he is a nice guy doesn't make him a great investor.
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Just remember, Levers work BOTH ways.
Commerce Secretary Wilbur Ross Shorted Stock as Negative Coverage Loomed.
in General Discussion
Posted
It's Obama's and Crooked Hillary's fault!