texasfishingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
SFA81, Paulbuddy, Scott.str, Jeff tractor guy, Jim Elkins
109522 Registered Users
Top Posters(All Time)
TexDawg 90,328
hopalong 79,071
Pilothawk 77,787
John175® 70,249
JDavis7873® 67,393
Derek 🐝 61,839
Tritonman 58,485
Mark Perry 55,199
LoneStarSon® 54,907
facebook
Forum Statistics
Forums60
Topics740,059
Posts12,290,959
Members109,522
Most Online36,273
Jan 23rd, 2013
Print Thread
Page 2 of 2 1 2
Re: 401 K/Investment Performance in 2017 [Re: Fishin' Nut] #12562790
01/03/18 06:48 PM
01/03/18 06:48 PM
Joined: May 2002
Posts: 1,576
DFW
J
JCG57 Online content
Extreme Angler
JCG57  Online Content
Extreme Angler
J

Joined: May 2002
Posts: 1,576
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).

Re: 401 K/Investment Performance in 2017 [Re: Scagnetti] #12562883
01/03/18 07:49 PM
01/03/18 07:49 PM
Joined: Feb 2008
Posts: 17,461
Sachse Texas
krawlin 47 Offline
TFF Guru
krawlin 47  Offline
TFF Guru

Joined: Feb 2008
Posts: 17,461
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.
Re: 401 K/Investment Performance in 2017 [Re: krawlin 47] #12562886
01/03/18 07:51 PM
01/03/18 07:51 PM
Joined: Feb 2008
Posts: 17,461
Sachse Texas
krawlin 47 Offline
TFF Guru
krawlin 47  Offline
TFF Guru

Joined: Feb 2008
Posts: 17,461
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.
Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12562895
01/03/18 07:59 PM
01/03/18 07:59 PM
Joined: Oct 2006
Posts: 54,172
White Settlement, TX.
Bigbob_FTW Online content
Big Sprocket Bob
Bigbob_FTW  Online Content
Big Sprocket Bob

Joined: Oct 2006
Posts: 54,172
White Settlement, TX.
We don't get a choice as to how our profit sharing is invested. They are rather conservative.


[Linked Image][Linked Image]
Re: 401 K/Investment Performance in 2017 [Re: JCG57] #12562941
01/03/18 08:35 PM
01/03/18 08:35 PM
Joined: Mar 2003
Posts: 7,046
Huntsville, AL
F
Fishin' Nut Offline
TFF Celebrity
Fishin' Nut  Offline
TFF Celebrity
F

Joined: Mar 2003
Posts: 7,046
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.
Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12563021
01/03/18 09:49 PM
01/03/18 09:49 PM
Joined: Jan 2006
Posts: 10,515
Irving
B
BassFever Online content
TFF Guru
BassFever  Online Content
TFF Guru
B

Joined: Jan 2006
Posts: 10,515
Irving
20.62% Last year. Never enough. And not enough to makeup for the loses in the last few years.

Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12563084
01/03/18 10:34 PM
01/03/18 10:34 PM
Joined: Aug 2006
Posts: 9,688
Dallas/Quitman
lakeforkfisherman Offline
Elliptical Mechanic
lakeforkfisherman  Offline
Elliptical Mechanic

Joined: Aug 2006
Posts: 9,688
Dallas/Quitman
18.07%. Was going for 200%.


I approve of this message.
Re: 401 K/Investment Performance in 2017 [Re: Mark C] #12563420
01/04/18 03:37 AM
01/04/18 03:37 AM
Joined: Jan 2006
Posts: 29,169
Dallas
S
Scagnetti Online content
TFF Guru
Scagnetti  Online Content
TFF Guru
S

Joined: Jan 2006
Posts: 29,169
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


[Linked Image]

Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12563429
01/04/18 03:44 AM
01/04/18 03:44 AM
Joined: Aug 2015
Posts: 2,724
Longview, Tx
P
Pintail711 Offline
Extreme Angler
Pintail711  Offline
Extreme Angler
P

Joined: Aug 2015
Posts: 2,724
Longview, Tx
I’d say strong...quite strong

Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12563493
01/04/18 05:34 AM
01/04/18 05:34 AM
Joined: Apr 2015
Posts: 326
Kennedale, TX
F
Fullofit Offline
Angler
Fullofit  Offline
Angler
F

Joined: Apr 2015
Posts: 326
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.

Re: 401 K/Investment Performance in 2017 [Re: T Bird] #12563494
01/04/18 05:48 AM
01/04/18 05:48 AM
Joined: Jun 2012
Posts: 9,579
Pacifica, CA
sdavis24 Online happy
TFF Celebrity
sdavis24  Online Happy
TFF Celebrity

Joined: Jun 2012
Posts: 9,579
Pacifica, CA
21% and change. More importantly, i'm hitting the IRS max for annual contributions.


Re: 401 K/Investment Performance in 2017 [Re: Bigbob_FTW] #12563782
01/04/18 03:32 PM
01/04/18 03:32 PM
Joined: Apr 2005
Posts: 16,185
Fork/Arlington some.
RedSkeeter Offline

Bedazzled
RedSkeeter  Offline

Bedazzled

Joined: Apr 2005
Posts: 16,185
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..






Page 2 of 2 1 2
Previous Thread
Index
Next Thread


© 1998-2019 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
UBB.threads™ 7.6.2