The Rokslide Stock Traders Thread

Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.
 
Beendare said:
Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.
Click to expand...
Ill have to look into this more. Does it matter that they are held in a non taxable account?
 
Beendare said:
Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.
Click to expand...
If you own those “partnership” stocks, is it a K-1 form that gets sent?
 
RoaminTexan said:
If you own those “partnership” stocks, is it a K-1 form that gets sent?
Click to expand...
Yeah, they send you a K1.

I'm giving general advice here- I am not a CPA, so for specific tax advice ask your accountant...heck I just handed off the K1's to my accountant back when I owned those pipeline partnerships. Later, I decided not to mess with them and went the MLPX route. IME, these won't make you rich but they are pretty steady.

I've owed MLPX for about 2 years...and it fluctuates more than one would think considering it's made up of pipeline and infrastructure companies that are like a toll road for oil and gas.There is some Nat gas shipping in there too. It's at about $61 now, if oil drops, and it probably will, I bet you can get it for $57 or better on a dip. It has been doing better than 20% a year for awhile....my guess is we might get a year here where it under performs.
 
It wasn't THAT long ago when Americans built great cars with our own steel and glass. For a resource rich country with tons of real estate and electricity.....we became dependent on others.......and every place that once thrived during those years is now a shithole.

It's not going to be instantly fixed, but I am glad that it'll happen during my lifetime and not my grandkids......right now it can be done without civil war, had it maintained it's path.....not so much.

Thank god for progress like this......and incredibly fitting in a trading thread.



 
Wrench, your comment is extremely relevant to a stock trading thread. We are going through a huge purge and reorientation in the US to being more streamlined [with less wasteful spending] and more secure as a nation.
The markets will gyrate wildly with these moves. I try to look at sectors that will still perform well in 5-10 years.

Anyone looking at HIMS? Man that company seems to be doing all the right things in a segment that sure seems ripe for the picking. It's been volatile with them playing in the weight loss shot arena but now it seems like they are in a sweet spot for that. Huge short covering run up yesterday.
 
Wrench said:
It wasn't THAT long ago when Americans built great cars with our own steel and glass. For a resource rich country with tons of real estate and electricity.....we became dependent on others.......and every place that once thrived during those years is now a shithole.

It's not going to be instantly fixed, but I am glad that it'll happen during my lifetime and not my grandkids......right now it can be done without civil war, had it maintained it's path.....not so much.

Thank god for progress like this......and incredibly fitting in a trading thread.

Click to expand...

We should all think about our grandkids. This overall plan includes raising the debt ceiling by $4 trillion to cover $4.5 trillion more in tax cuts for the top. $4 trillion is 4 million $million. Leaving grandkids with our debt shouldn’t be ok to folks on either side of the isle, and during good times we should be paying it down not increasing it. Rand Paul sounds like the only voice of reason.
IMG_0532.jpeg
 
TaperPin said:
We should all think about our grandkids. This overall plan includes raising the debt ceiling by $4 trillion to cover $4.5 trillion more in tax cuts for the top. $4 trillion is 4 million $million. Leaving grandkids with our debt shouldn’t be ok to folks on either side of the isle, and during good times we should be paying it down not increasing it. Rand Paul sounds like the only voice of reason.
View attachment 873552
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Last I read we are paying $1T every quarter to cover interest on existing debit, that amount will only go up. That raise in the debt ceiling is enough to just cover interest nothing else.

Dollar milkshake theory, it won’t stop bc it can’t, maybe slowed down.

I agree the future generations are going to suffer the most bc of the debt load.


Sent from my iPhone using Tapatalk
 
Reading the White House fact sheet on the updated auto tariffs, it appears that the tariffs will no longer stack as components move back and forth between Mexico and Canada. It also becomes a game of reimbursement rather than reduced tariffs as the new order does not alter previous 25% auto tariffs, nor does it impact those on steel and aluminum imports and other sectors. However, in a separate proclamation signed Tuesday, current tariffs on imports of steel, aluminum, cars and non-USMCA-compliant goods will not stack on top of duties on auto parts.

www.whitehouse.gov

Fact Sheet: President Donald J. Trump Incentivizes Domestic Automobile Production

INCENTIVIZING DOMESTIC AUTO PRODUCTION: Today, President Donald J. Trump signed a proclamation to protect national security by incentivizing domestic
www.whitehouse.gov www.whitehouse.gov
  • It offers an offset to a portion of tariffs for automobile parts used in U.S.-assembled vehicles equal to 3.75% of the Manufacturer’s Suggested Retail Price (MSRP) of a manufacturer’s U.S. production for the next year (April 3, 2025 to April 30, 2026), and 2.5% of U.S. production the year after (May 1, 2026 to April 30, 2027).
    • These percentages reflect the duty that would be owed when a 25% duty is applied to 15% of the value of a U.S.-assembled automobile in the first year, and to 10% of the value of a U.S.-assembled automobile in the second year.
    • All other automobile imports will still be subject to the 25% tariff.
    • For instance, if a manufacturer builds a car in the U.S. that has 85% U.S. or USMCA content, the manufacturer effectively will not owe tariffs on that vehicle’s production for the first year.
    • If a manufacturer builds a car in the U.S. that is 50% U.S. or USMCA content and 50% imported from elsewhere, then instead of paying the tariff on the full 50% of the imported car parts, the manufacturer effectively only pays on 35% for the first year.
  • The proclamation sets strict penalties for importers who claim tariff reduction in excess of approved amounts.
  • This modified action will more effectively address the threat to national security by reducing reliance on foreign manufacturing, strengthening U.S. vehicle assembly operations, boosting domestic R&D, and creating American jobs, all of which are essential to a strong defense industrial base.
 
mostlybirch said:
"address the threat to national security by reducing reliance on foreign manufacturing" if my eyes could roll anymore they would fall out of my head.
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Considering EVERYTHING is electronic and connected to the internet....and your simple little phone can magically start searching for purple unicorns in the morning if you mention those before bed......do you really want foreign manufacturers creating your hardware and software for anything mission critical?

We're in a huge mess at some facilities because of poor quality Chinese bolts that are not holding up. Ask Boeing how that imported titanium worked out.

It's not complete BS.
 
Wrench said:
Considering EVERYTHING is electronic and connected to the internet....and your simple little phone can magically start searching for purple unicorns in the morning if you mention those before bed......do you really want foreign manufacturers creating your hardware and software for anything mission critical?

We're in a huge mess at some facilities because of poor quality Chinese bolts that are not holding up. Ask Boeing how that imported titanium worked out.

It's not complete BS.
Click to expand...
its not complete BS, there's usually a little corn kernel of truth buried in there for credibility.

however I was quoting from the "INCENTIVIZING DOMESTIC AUTO PRODUCTION".
 
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