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Favorite team:LSU 
Location:Gods Country
Biography:
Interests:Hunting, Drinking, and America
Occupation:Bookie
Number of Posts:217
Registered on:3/22/2011
Online Status:Not Online

Recent Posts

Message
re: New mattress recommendations - BJ titsnbeer
I got the luxury firm and i have the firm in a guest room. The firm is pretty stiff, i find the luxuriate be perfect....
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re: New mattress recommendations - BJ titsnbeer
saatva, had one for a year so far and its awesome. ...
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re: MT CFPs - Exam prep question - BJ titsnbeer
I used Dalton and their live prep course. I found it well worth it. The prep was a good bit more difficult than the exam itself. What I worried about using free resources was how dated some of the material is. I don't know how Dalton does it but their information and material was very relevant and v...
Posted on Money Talk
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Is Ackman right about Herbalife? - BJ titsnbeer
Some of you may have noticed from recent articles that the Ackman vs HLF is moving back into the spotlight. Both Sides of the argument seem intriguing. HLF claims that they actually have a market outside of their own reps and Ackman claims that the company is nothing more than a pyramid scheme in wh...
Posted on Money Talk
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re: Last good business/investing book you've read.... - BJ titsnbeer
Do yourself a favor and read Education of a Value Investor by Guy Spier. It's entertaining and gives you a broader view of investing outside of the balance sheet. I also second The Richest Man in Babylon every person should read it. ...
Posted on Money Talk
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re: Should I Contribute to an Index Fund on the Same Day Each Month or Wait til Low? - BJ titsnbeer
If there is no transaction fee once a month would be better. You would net more in dividends and incrementally higher capital gains over the long haul. ...
Posted on Money Talk
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re: Which Baller is going to buy Goodwood Plantation? - BJ titsnbeer
I saw that they were asking a little over $10 million for it when it went up for sale a couple months ago....
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re: Need investment advice - please no "hookers & blow" - BJ titsnbeer
$2,400 to a 529 for each for the state income tax write-off, as well as the earnings enhancement (assuming you're in LA). You can stash half in a capital one 360 account for liquidity and to add to the kids 529's, college is more expensive than you think. The other half I would open a brokerage acco...
Posted on Money Talk
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re: Why are people so afraid of snakes? - BJ titsnbeer
I was the kid that had snakes as pets growing up. I would still like the vast majority of them on fire....
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re: subdivisions in Baton Rouge where famous athletes reside? - BJ titsnbeer
Justin Vincent used to live in Bogie's...
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re: Black woman losing it at McDonalds over her money (LNSFW) - BJ titsnbeer
[quote]So there was a lady at BREC Skatepark yelling at Blayson over something stupid, and of course none of us took it seriously at all so this was the outcome. [/quote] The parents need to be yelled at, I mean honestly who names their child Blayson? ...
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re: Capital gains tax - BJ titsnbeer
It's a good idea to avoid buying mutual funds around the capital gains distribution dates. If this is about the LGILX shares you hold check out my post in the other thread. ...
Posted on Money Talk
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re: Capital gains tax - BJ titsnbeer
You pay taxes on all dividends and capital gains distributions every year. When you sell your shares your basis is adjusted which gives you credit for paying taxes each year. ...
Posted on Money Talk
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re: LGILX - down 18% - WTF?!?!? - BJ titsnbeer
If I recall correctly you just purchased this fund. In the future you should avoid purchasing mutual funds near their capital gains distribution dates. for every share of LGILX you own (in a taxable account) you will owe around $.60 in tax on the distributions (15-20% on Long term, 25-39.6% on short...
Posted on Money Talk
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re: Financial Advice - what would you do? - BJ titsnbeer
Put it in Vanguard Wellington and draw monthly off of it. Simple and effective....
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re: does anyone who knows what theyre doing invest heavily in dividend stocks? - BJ titsnbeer
GNI is a trust that is set to expire this next year, It will be worthless. Essentially people are paying $23 for what will amount to roughly $15-16 payout. FYI. It has been a stellar short if played right....
Posted on Money Talk
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re: IRA mutual fund selection - BJ titsnbeer
[quote]Alright, how about PVSCX, ETCGX, PMBCX, and LADCX These are all 5 star [/quote] You do know that the star system is based on past performance right? Also I would stay away from C shares as someone has stated there is an additional 1% fee that would typically go to an advisor. ...
Posted on Money Talk
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re: Any thoughts on the mutual fund LGILX? - BJ titsnbeer
Just a heads up the funds sub adviser changed from UBS to Blackrock last year. However the lead manager has been at the fund for a while, but his analyst team is not the same team that has given this fund past outperformance. This isn't to discourage you I just wanted you to keep that in mind. O...
Posted on Money Talk
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re: Dividend funds vs Blue Chips w/high dividends - BJ titsnbeer
[quote] LTCG taxes are cheaper than income taxes any way. [/quote] LTCG tax rate = qualified dividend tax rate Additionally if you want to know what a fund is truly yielding based on its holdings you can add the expense ratio to the stated yield. This isn't the yield you will receive but if a ...
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re: OT Big Wigs and Po' Folks - BJ titsnbeer
12 figures when i sold my ebola mask patent to Mark Cuban...
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