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Posts By jturn17
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Money Talk
re: Can you give real estate to another family member? - jturn17
I think you're confusing yourself. They're saying it's separate in that the $14k a year isn't included in the $5.43m. You can give 14k a year plus 5.43m over your lifetime. But if you give over 14k in any given year the remainder is deducted from the 5.43m. If an actual CPA wants to tell me I'm d...
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Money Talk
re: ACORN Pros/Cons - jturn17
[quote]The problem is that these younger people may not have the intelligence to check or even understand that they may be getting negative returns due to the fees. As was stated above, most people on the MB, people who have above average understanding of finances, still indicated negative retur...
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Money Talk
re: Can you give real estate to another family member? - jturn17
[quote]You'll have to pay a gift tax if it exceeds a certain amount...last time I looked it was on the value over $14k but it goes up every year so I'm sure it's higher now. Decide to use the google: quote: The annual exclusion for 2014 and 2015 is $14,000.[/quote]Pretty sure that just dedu...
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Money Talk
re: ACORN Pros/Cons - jturn17
[quote]I guess I'm missing the point of it [/quote]I don't think it's useful for many people. But it's great for younger people who want to save money, but don't have the discipline to actively put it away. And also don't make enough money to put large sums away every month....
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Money Talk
re: Official Erin Energy (ERN) thread - jturn17
We all should have bought more. So much more. :lol:...
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Money Talk
re: Official Penny / MJ Stock Thread - jturn17
[quote]No, I'm not sure. I found some information later yesterday evening that put it at over $1,300. It was from several years ago. I started to read through their most recent financials, but didn't get all the way through. [/quote]They [link=(http://news.banro.com/press-releases/banro-announces-...
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Money Talk
re: Advice Needed: Good Websites For Financial Information - jturn17
[link=(https://www.khanacademy.org/economics-finance-domain/core-finance)]Khan Academy[/link]?...
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Money Talk
re: Official Penny / MJ Stock Thread - jturn17
[quote]There all in costs are awfully high.[/quote]Are you sure? The numbers I saw were in the 800-900$ range (Even $600 for Q1'15, which I'm not sure I trust their accounting), which is pretty good compared to the other numbers I saw, which averaged between $1000-1100. Barick Gold's AISC according ...
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Money Talk
re: What do you use for stock trading? - jturn17
[quote]Thanks for the advice, will look into schwab and etrade. [/quote]Check out Fidelity too. They have a decent trade price for stocks, but they also have a good selection of commission free ETFs as well....
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Money Talk
re: Official Erin Energy (ERN) thread - jturn17
[quote]Little less than 30k [/quote]This is awesome. I jumped into the game late with ERN, but I'm still up around $4500....
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Money Talk
re: You've got $10k and must hold for 25 years... - jturn17
[quote]GILD or APPL [/quote]These were my two picks....
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Money Talk
re: Official Erin Energy (ERN) thread - jturn17
[quote]Nonetheless, +133% isn't anything scoff at, regardless the stakes. [/quote]Your gains are way better than mine. I just hit 40% today. I also have no idea how much others have invested though though I sometimes wonder....
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Money Talk
re: Official Erin Energy (ERN) thread - jturn17
[quote]And needless to say, how I wish I would have bought another 250K shares at .25/adjusted $1.25. [/quote]I'm not even greedy. I just wish I had bought more at $5....
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Money Talk
re: Official Erin Energy (ERN) thread - jturn17
[img]http://media.giphy.com/media/XGP7mf38Vggik/giphy.gif width=300[/img] Yesterday was a good day....
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Money Talk
re: Official Penny / MJ Stock Thread - jturn17
[quote]Speculation of a joint venture. [/quote]Could be. I just kind of assumed it was a short squeeze. Do we need to take the ERN discussion out of the Penny/MJ thread, and start an ERN specific thread? It seems to have quite the following....
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Money Talk
re: Good mutual fund that will track the S&P? - jturn17
[quote]Can anybody advise on the fees of a mutual fund vs. ETF? [/quote] Not really all that different usually, as far as I know. If it's for a retirement account, a mutual fund is fine. If it's for a taxable account, I'd go with an ETF since they are generally more tax friendly....
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Money Talk
re: Official Penny / MJ Stock Thread - jturn17
[quote]This is a 20% gain at around 8x average volume. This is absolutely insane. I am feeling gravy train about this bad boy [/quote]My only regret is not putting another 1k$ into it last week. I was so close to doing it, but held off figuring I was leveraged into it enough. So many poor life de...
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Money Talk
re: Official Penny / MJ Stock Thread - jturn17
So ERN is going a little crazy this afternoon....
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Soccer Board
re: BREAKING NEWS - jturn17
[quote]We just destroyed your u21's last week and won the league [/quote] Congratulations on your moral victory....
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Money Talk
re: Vanguard's Healthcare fund - VGHCX - jturn17
[quote]OP - the T.Rowe and Fidelity health care funds have done better than Vanguard. [/quote]As long as biotech's stay at insane heights, they'll probably continue to do better too. IMO, Vanguard's is much safer than the Fidelity version. Just depends on how much risk you want, and how much you t...
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Posts By jturn17
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