Stock Advice Thread

[lz]

Over the years, tax laws and administration have been managed by both parties. It's been more the question of where in the economy and tax base, the increases and cuts are directed. Yes, it's always been a political football. I think it fair and accurate to say that Democrats are definitely more inclined to promote higher taxes for the wealthy, no question.

Also, it was the Reagan administration that signed into the law the taxation of Social Security benefits in 1983, but the amendments to do so were passed by an overwhelmingly bi-partisan vote. Based on that situation ... and I sure hope it never happens, of course, but the suggestion that earnings on Roth accounts might become taxable is certainly not out of the question. However, Roth IRAs have been a tremendous and popular vehicle for MANY Americans to save for retirement years and I would like to believe that any party suggesting such taxation would be committing political suicide ... making it a near impossibility.

Would take away a key advantage of Roths, too.

 

[megablue]

Would take away a key advantage of Roths, too.

ABSOLUTELY !!!!!

 

[Cold Stout Beer]

 

[BlueRaider22]

I've been loving my Palantir investment lately......and it still has a ton of room to run. Of course, my initial investment in them is around ~$10.......so, it'll take a lot of dropping to get me to leave my position.

 

[megablue]

METC and METCB are up nicely, based on guidance. Based in Lexington, KY.

https://finance.yahoo.com/news/ramaco-resources-reports-fourth-quarter-203000316.html

 

[lz]

METC and METCB are up nicely, based on guidance. Based in Lexington, KY.

https://finance.yahoo.com/news/ramaco-resources-q4-earnings-snapshot-205632763.html

METC up on Monday’s eps report, I like their long term potential re: rare earth and the dividend, though I’m not knowledgeable about prospects for coal shipped internationally or blast furnace steel mills in the current tariff environment?
Thank you, bought 300 shares.

 

[megablue]

METC up on Monday’s eps report, I like their long term potential re: rare earth and the dividend, though I’m not knowledgeable about prospects for coal shipped internationally or blast furnace steel mills in the current tariff environment?
Thank you, bought 300 shares.

Yes. There are no guarantees, of course, but their RRE potential is certainly encouraging. It appears something's might be happening. Regards the coal ... it is metallurgical and there is pretty steady (for what that's worth) demand. You might review tonnage forecasts. Also, you might plan to attend or watch (via ZOOM) their annual meeting to catch updates and possible Q&A discussions ... fwiw. Regards your mention of dividends, you might look into METCB. There are explanations of the two stock classes on their website, fyi. I do not own METC, but own 3,000 shares of METCB ($10.60 cost) for dividend income in my retirement portfolio.
GLTY and to ALL !!

 

[Deeeefense]

If you are looking for income, you might look at JEPI and JEPQ. These are JP Morgan ETFs which write covered calls against large cap growth companies to generate extra income. You still participate in some of the growth of the underlying stocks while getting 7.5%-9.5% dividends. The JEPQ is NASDAQ focused and JEPI is more diversified. Dividends are paid monthly and is taxed as ordinary income rather than qualified dividends. Thus its better to hold this investment in an IRA/401k account if you are in an upper tax bracket.

JEPQ pays a monthly dividend of nearly 50 cents a share, but you can double that if you sell covered calls against your shares. For instance the April 17 $54 call is over $40, the stock is priced currently at $52.50 so even if reaches the strike and you get assigned you've made another 3% on your investment on top of the divy. Since JEPQ uses covered calls to manage the investments, doing this means you would essentially be selling covered calls on covered call.

 

[rbs]

JEPQ pays a monthly dividend of nearly 50 cents a share, but you can double that if you sell covered calls against your shares. For instance the April 17 $54 call is over $40, the stock is priced currently at $52.50 so even if reaches the strike and you get assigned you've made another 3% on your investment on top of the divy. Since JEPQ uses covered calls to manage the investments, doing this means you would essentially be selling covered calls on covered call.

I added to my JEPQ shares in my IRA when it dipped into the 51's ... I will add more if it drops below that .... at my age, that dividend income is nice to have and while I have a lot of shares of individual stocks, you don't necessarily expose yourself to the volatility of an individual stock earnings report.