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#12562790 - 01/03/18 12:48 PM Re: 401 K/Investment Performance in 2017 [Re: Fishin' Nut]
JCG57 Offline
Extreme Angler

Registered: 05/08/02
Posts: 1369
Loc: DFW
Originally Posted By: Fishin' Nut
I manage my own account. My mutual funds averaged close to 20% last year.

Loser - EPD, -3%
Winner Harris Corp (HRS), +40%

Noticed that today, the EPD price is getting closer to what I bought it for. Wish I had bought more when it was $24. I love that quarterly dividend check.


Those quarterly checks are not dividends from EPD, they are partnership distributions. If you do your own taxes this will cause you much angst and consternation come March when you get their K-1 and have to figure out how to reflect the very confusing information on your tax return. The good news is partnership distributions are not taxed!!! The bad news is your share of the partnership's income is subject to tax (part of the K-1), if in fact it made a profit. The other bad news is that the distributions reduce your cost basis in the stock which will bite you whenever you sell it. The best investment vehicle for housing MLPs is probably Roth IRAs if you are parking money there for your heirs - they will get stepped-up basis on your death so the cumulative distributions will never get taxed (think of that as another good news/bad news scenario).

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#12562883 - 01/03/18 01:49 PM Re: 401 K/Investment Performance in 2017 [Re: Scagnetti]
krawlin 47 Offline
TFF Guru

Registered: 02/24/08
Posts: 17310
Loc: Sachse Texas
Originally Posted By: Scagnetti
Everyone looks like a genius in a bull market
_________________________
Whether you think you can or you can't, you are probably right.

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#12562886 - 01/03/18 01:51 PM Re: 401 K/Investment Performance in 2017 [Re: krawlin 47]
krawlin 47 Offline
TFF Guru

Registered: 02/24/08
Posts: 17310
Loc: Sachse Texas
Originally Posted By: krawlin 47
Originally Posted By: Scagnetti
Everyone looks like a genius in a bull market


Not if you are out of the market!
_________________________
Whether you think you can or you can't, you are probably right.

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#12562895 - 01/03/18 01:59 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
Bigbob_FTW Online   content
Big Sprocket Bob

Registered: 10/25/06
Posts: 50431
Loc: White Settlement, TX.
We don't get a choice as to how our profit sharing is invested. They are rather conservative.
_________________________


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#12562941 - 01/03/18 02:35 PM Re: 401 K/Investment Performance in 2017 [Re: JCG57]
Fishin' Nut Online   content
TFF Celebrity

Registered: 03/14/03
Posts: 6625
Loc: Huntsville, AL
Originally Posted By: JCG57
Those quarterly checks are not dividends from EPD, they are partnership distributions. If you do your own taxes this will cause you much angst and consternation come March when you get their K-1 and have to figure out how to reflect the very confusing information on your tax return. The good news is partnership distributions are not taxed!!! The bad news is your share of the partnership's income is subject to tax (part of the K-1), if in fact it made a profit. The other bad news is that the distributions reduce your cost basis in the stock which will bite you whenever you sell it. The best investment vehicle for housing MLPs is probably Roth IRAs if you are parking money there for your heirs - they will get stepped-up basis on your death so the cumulative distributions will never get taxed (think of that as another good news/bad news scenario).


All my trades are under my self directed 401k. I will worry about taxes when I retire.
_________________________


Kirk Long (Kikr) March 4, 1959 - June 19, 2009
I guess the Lord needed a fishing buddy more than me.

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#12563021 - 01/03/18 03:49 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
BassFever Offline
TFF Guru

Registered: 01/03/06
Posts: 10404
Loc: Irving
20.62% Last year. Never enough. And not enough to makeup for the loses in the last few years.

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#12563084 - 01/03/18 04:34 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
lakeforkfisherman Online   happy
Elliptical Mechanic

Registered: 08/04/06
Posts: 9548
Loc: Dallas/Quitman
18.07%. Was going for 200%.
_________________________
I approve of this message.

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#12563420 - 01/03/18 09:37 PM Re: 401 K/Investment Performance in 2017 [Re: Mark C]
Scagnetti Offline
TFF Guru

Registered: 01/23/06
Posts: 27849
Loc: Dallas
Originally Posted By: Mark C
Originally Posted By: Scagnetti
Everyone looks like a genius in a bull market

I like to call it "sudden expertism".

thumb
_________________________



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#12563429 - 01/03/18 09:44 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
Pintail711 Offline
Extreme Angler

Registered: 08/11/15
Posts: 2386
Loc: Longview, Tx
I’d say strong...quite strong

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#12563493 - 01/03/18 11:34 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
Fullofit Offline
Angler

Registered: 04/08/15
Posts: 324
Loc: Kennedale, TX
I ended up with 25.8% in 2017. One of the managers I work with only made 13% but he's 2 years away from retiring. He also just passed the $1Mil mark. I wish I had my returns and his money.

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#12563494 - 01/03/18 11:48 PM Re: 401 K/Investment Performance in 2017 [Re: T Bird]
sdavis24 Offline
TFF Celebrity

Registered: 06/05/12
Posts: 9338
Loc: Pacifica, CA
21% and change. More importantly, i'm hitting the IRS max for annual contributions.
_________________________

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#12563782 - 01/04/18 09:32 AM Re: 401 K/Investment Performance in 2017 [Re: Bigbob_FTW]
RedSkeeter Offline

Bedazzled

Registered: 04/12/05
Posts: 15414
Loc: Fork/Arlington some.
Originally Posted By: Bigbob_FTW
We don't get a choice as to how our profit sharing is invested. They are rather conservative.


Bob if you hit 59 1/2 you can move it around how you see fit, Ira, 401, annuity etc..... But again may hinge on how Martin has it structured... They've been around a long time..
_________________________

www.grandebass.com. www.dobynsrods.com




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