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ddl

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Posts posted by ddl

  1. 3 hours ago, eastcreek said:

    I just hit my 10th year (Feb., 2009), Brisco. I'm hoping, praying that we get an RV for my 10th anniversary !!!! Go, RV !!!!!!

    Count me in for a 10th anniversary!!!   And best to all who have been in for whatever length of time!  I join those looking forward to meeting members of our dinar family!

    • Thanks 1
    • Upvote 2
  2. 3 hours ago, Adam Montana said:
    On 11/14/2018 at 10:07 AM, ddl said:

    As to the timing of an RV I think it depends a lot on tax status.  If we ...

     

    Quick interjection - Iraq won't be paying taxes to anyone, so their decision to RV before or after year end doesn't take that into consideration.

     

    Thanks Adam.  On re-reading your question I see you were referring to Iraq's timing of the RV.  My tax response was intended to be on the question of us investors taking profits this year or next.   I really appreciate your spending time reading our posts!

    • Upvote 1
  3. Thank you again Adam for all you are doing.  You pose some interesting questions.

     

    As to the timing of an RV I think it depends a lot on tax status.  If we participate in OSI and use other tax deferred options there is less of an impact if an RV were to take place this year.  If one were to take profits right away then having the RV after the first of the year postpones paying taxes until 2020 instead of 2019.  With a now divided Congress it’s hard to speculate on what changes there may be in tax law by 2020.

     

    As I’m typing the markets are up a little but there is no rally going on.  The price of oil has multiple effects.  Higher prices hit the consumer with higher prices of gasoline and heating oil.  Typically higher prices help the oil companies and the investors who own their stock or are long in the market.  Maybe Trump is playing to consumer interests.

     

    I follow AMZN but haven’t been trading it.  TSLA has been a wild card but a speculator’s dream this last year.  It’s IVR (Implied Volatility Rank) (see TastyWorks website) has been high and selling strangles have worked very well.

     

    With regard to crypto currencies I think it’s going to be a wild ride before it settles out.  I see the Bank of China may be planning to create its own.  Unless and until there are only one or two widely used crypto-currencies or a great system is developed for transferring from one to the other I don’t see them becoming the main financial system in the near future.

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    • Upvote 3
  4. Thanks for the update, Adam.   I assume a new GOI is going to facilitate the HCL which I believe has been stated as the last requirement before the RV.   I know there's no legal requirement for the HCL but I think you've believed it logically to be.

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    • Upvote 5
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