Tuesday, October 28, 2014
Have You Heard of
Dividend Al Capones?
The Wall Street Journal calls them
Find out how you can start collecting these big dividends – November 26th.
Today, I'd like to introduce you to three unique companies I call Dividend Al Capones.
Like Capone, these American businesses control vast empires that generate extreme amounts of cash.
These three companies are so profitable… so rich…
that with the money they make in just one year: $27 billion in pure profits…
they could easily buy other companies – big, household names including Clorox, Alcoa, or Sony.
Of course, they wouldn't buy up companies like these… unless they were a threat.
You see, Dividend Al Capones make all their money without the tiniest of disruptions from competing businesses…
or even the U.S. Government.
These companies are deeply entrenched in our economy…
They hold monopolies that dominate entire sectors.
And they do everything in their power to protect their money flows...
including greasing the Washington bureaucracy to make sure laws and court cases go their way.
At the end of the day, these powerful companies only answer to one group of people…
Their partners… the shareholders entitled to their fair share of the spoils… and big, generous dividends.
And they are big…
Last year alone, these three Dividend Al Capones paid out a whopping $16 billion to their investors.
But not in the form of special one-time payments…
These cash cranking companies pay consistent dividends over and over again.
In fact, they've been doing it for decades.
Just have a look at the chart below…
It shows you exactly how well the first of our three Dividend Al Capone has rewarded its shareholders over the years:
Dividend Al Capone #1 has
Increased its Dividend 10-Fold!
Increased its Dividend 10-Fold!
Quarter after quarter… year after year… this company's investors receive bigger and bigger payouts…
Already this year, this company's hiked its dividend up 10%.
These large cash payouts are a big reason why an investment in these companies would far greater reward you than the vast majority of stocks…
And the chart below proves it.
It shows the performance of all three of our Dividend Al Capones over the past 2 years compared the market's return over the same time…
These 3 Dividend Al Capones DOUBLE
returns of the S&P 500!
Now, I think you'll agree that this is exactly the kind of company you'll want to invest in.
The kind that pays ever-increasing dividends… allowing your investment to grow for years…
giving you much-needed income in retirement to cover the bills…
or padding your children or grandchildren's college funds with new money…
These are all admirable uses for your dividends, sure, but you could also have some fun too.
I like to put mine towards a membership at my local country club.
These dividends are big enough to pay for a year's worth of greens fees!
Which brings me to an important point…
It's the reason why I feel safe recommending these companies to you today…
You see, what separates these highly profitable companies from the rest of corporate America is exactly how they make their money.
Because they aren't like Apple…
They don't have to dazzle people with new and expensive products every three months or they'll go out of business.
They have a captive customer base to be sure… and their products are in high demand…
But they have what Apple doesn't… and that's market share.
They've cornered the market.
(Apple holds just over 30% of the smartphone market and 10% of the computer market.)
There's no competition… because they won't allow it.
They'll either undercut them in the marketplace… or simply buy them out and take their revenue streams for themselves.
The chart below demonstrates how the second of the three companies I've identified as a Dividend Al Capone has completely taken over its market…
Dividend Al Capone #2
Rakes in Billions… Uncontested.
Now, this cutthroat philosophy isn't just applied to where they sell their products…
They own everything along the supply chain.
The raw materials… the factories… the stores…
They make money on everything involved in making and selling their products – controlling every aspect of their businesses and squeezing every last dime out of them.
This dedication to generating cash is why our third and final Dividend Al Capone has been able to pay shareholders big dividends for so long…
Dividend Al Capone #3 paid out
$231.99 PER SHARE!
$231.99 PER SHARE!
This company is so profitable… so dominant…
(last quarter it accounted for 77% of new business in its sector)
that it's paid out 487 consecutive dividends.
That's well over a century of dividends… and it's never missed one payment.
Not during the 2008 financial crisis… the deep recessions of the 1970s… or even the Great Depression…
It makes so much money… its business is so safe… that it always pays – no matter what!
Frankly, I don't know of a more reliable dividend-paying investment.
And the best part is…
This company and our other two Dividend Al Capones can continue to grow and generate exceptional returns – without requiring an excess of capital.
Let me explain…
These companies don't have to spend much (if anything at all)… on research and development… creating whole new products… or building expensive new factories.
Where a company like Facebook reinvests the bulk of its profits into growing its business and expanding…
These companies can invest just a fraction of their profits… mere blips on their balance sheets… and continue to grow exponentially – year after year.
"The ability for [Dividend Al Capones] to increase dividends
from here remains very strong…" – Chris Sheldon, Chief Investment Officer, Dreyfus Funds, March 5, 2013
from here remains very strong…" – Chris Sheldon, Chief Investment Officer, Dreyfus Funds, March 5, 2013
Now, with these companies performing so well… and having a documented history of rewarding shareholders… you might think they are commonly held.
But despite the fact that these are among the safest investments in the world… and offer ever-increasing dividends... people still don't own them.
Most investors are ignoring these high dividend companies!
According to a recent The Wall Street Journal poll, self-directed investors only have 8% of their portfolio allocated to these high yield companies.
Instead, they're opting for cash – with a 0% yield… foreign stocks… or ETFs.
No one is buying the safest and most reliable income opportunity available in the market today… it's truly shocking.
Now, I can't wait to give you the names and ticker symbols of all three of companies – plus all the important details including a full in-depth analysis…
including how much you can expect to collect in dividends in the months ahead.
Sunday, April 6, 2014
GET MORE TAX REFUND MONEY!
Reducing your tax burden doesn't have to be complicated with these strategies
by U.S. News Jan 25th 2014 6:00AM
Knowing what you're entitled to write off on your tax return might seem complex and mysterious, but it doesn't have to be. This year, popular write-offs include deductions for alimony payments, moving expenses (if the move is related to a job relocation or self-employment) and IRA and health savings account contributions. Tax credits include the dependent care credit for child care costs (if you work), education costs (including tuition and fees), retirement contributions to IRAs or 401(k)s and the earned income tax credit for low-income tax payers. Student loan interest can be deducted up to $2,500 annually, and if you itemize deductions, mortgage interest and real estate taxes as well as state and local income taxes or sales taxes can be added to that list.
Ready to dive in deeper? Here are five more easy ways to pay fewer taxes:
1. Check for ordinary losses on stock losers.
Last year was a great year for the stock market, but not every investment was a winner. Ordinarily losses on the sale of stock are deductible as capital losses. These losses can offset capital gains (including capital gain distributions frommutual funds) as well as up to $3,000 of ordinary income ($1,500 for married persons filing separately).
But you may be able to obtain even better tax results if the stock was in your own corporation or another closely held corporation that meets the requirements to be treated as "Section 1244 stock." That means if you invested in your brother-in-law's business that meets the Section 1244 requirements and it failed, causing you to dump the stock for pennies on the dollar or you simply walked away, then you can deduct up to $100,000 of losses as ordinary losses on a joint return ($50,000 for singles). Losses in excess of this dollar limit are treated as capital losses subject to the limits above. (IRS Publication 550 spells out the details of this rule.)
2. Check for worthless securities.
Unfortunately not all investments work out; some corporations -- public or closely held -- go belly up, leaving investors with worthless stock and othersecurities. If you have a security that's become worthless, you can deduct your loss.
You have seven years from the year in which worthlessness occurred to file a refund claim, so look for securities you owned that became worthless in 2006 or later so you can file a refund claim before April 15, 2014.
Caution: The stock must be completely worthless. The fact that a company declares bankruptcy does not mean its stock is worthless. Remember that Kodak filed for bankruptcy protection in 2012 and all looked hopeless, but Kodak emerged from bankruptcy and its stock was relisted on the New York Stock Exchange in November.
3. Pay no tax on gain from your home sale.
Did you sell your home in 2013? If you owned and used it as your principal residence for two of the five years preceding the date of sale, then you can exclude from income the gain up to $250,000, or $500,000 on a joint return. If you bought your home a long time ago and had a large gain, you may still use this shelter to avoid paying any tax on the sale by correctly figuring your tax basis and gain realized.
Gain is the difference between the amount realized (the selling price less broker's commissions) and your tax basis. Tax basis is the original cost of the home increased by capital improvements you made to it over the year. Capital improvements include a new roof, an addition, fencing, a new alarm system or even new appliances. IRS Publication 523 gives an overview of this rule.
Caution: If you took a home energy tax credit in past years for adding insulation, storm windows, or solar panels, then you must reduce your basis for these capital improvements by the amount of the credit.
4. Deduct your out-of-pocket costs for charity.
If you do volunteer work for a nonprofit organization and itemize your personal deductions, then you can write off the expenses you incur. For example, if you deliver meals on wheels in your car, you can deduct your costs at the rate of 14 cents per mile (provided you have a record of this driving).
If you buy items on behalf of a charity, then you can deduct these costs as long as you correctly substantiate your costs. Receipts aren't enough if the costs are $250 or more. In this case, you need a written acknowledgment from the charity.
Note: You can never deduct the value of your time and effort expended on behalf of a charity. IRS Publication 526 contains more details about the ins and outs of this approach.
5. Make smart tax elections.
The tax law has many elections that allow you to choose the most beneficial way to handle certain tax items. For example, if you suffered a casualty loss in a FEMA-declared disaster in 2013, you can opt to deduct the loss on an amended return for 2012. Or, if you'd get a bigger write-off in 2013 because your adjusted gross income (the threshold for claiming this deduction) is smaller, simply claim your loss on the 2013 return. FEMA disaster declarations are listed atwww.fema.gov/disasters. If you sold property on an installment basis, then you can choose to report it all on your 2013 return rather than spreading the gain over the years in which installment payments are received. This choice makes sense if you have losses now to offset the gains.
software should ask questions to help you chose the most favorable option; tax pros should do the same.
Keep in mind that the IRS won't voluntarily send you a refund; you must file a return showing why you're entitled to it. To hold onto more of your hard-earned money, take the time to see what you might be missing by considering the strategies that apply to your own life.
Tuesday, January 7, 2014
DAN MCCOY ,,,,, WHERE IS THE LOVE?
Albany, New York, The Real story is these two men Jennings and McCoy can't stand each other.
NO BROMANCE HERE FOLKS!
McCoy and Jennings though out their respective political careers Jennings and McCoy have made screwing you're buddy a fine art .
Dan McCoy appointed to the county legislature by the request of Mayor Jennings to Majority Leader Frank Commiso, McCoy has never had a political opponent in a election, you might see that in 2011 McCoy made a deal with Thomas Marrcell the republican Minority counsel and Richard Stack, conservative party chairman and Mayor jennings to exclude any and all democrats and republicans and conservatives from the ballot so McCoy could run opposed also
McCoy with the Direct help of Jennings became county Chairman and county executive
" Jennings thought he could control the sidewinder Dan McCoy" .
"Jennings thought wrong"
When Jerry Jennings was running for mayor last time around against Corey Ellis,,,, McCoy did nothing for Jennings , my boy Jerry never forgot that.
How did McCoy become county executive you ask, I told McCoy that Breslin was weakened by the numerous Albany county nursing home scandals and Breslin could be forced out and the numerous overrides to Breslins veto's led by Albany county Legislator Brian Scavo , who fought Breslin over the closing of the Albany county nursing home and 50% proposed tax increase and 3% sales tax increase and defeated him on all these issues and did all of this on television and radio while my gutless fellow democrats just stood back in fear of the Breslin, Jennings machine.
The Simple fact is Dan McCoy is running scared as well he should be scandal after scandal and failure to close the the Albany county nursing home and his battles with the county Legislature has left him weakened and McCoy ironically who pushed out Breslin on the nursing home issue, the Breslin clan wants payback , McCoy has adopted a republican conservative agenda, but still every year McCoy has raised taxes and as county chairman of the county legislature was the first in New York state to override the Governor,s tax cap ,
let's face it McCoy is considered by the liberal elite to be a one term county executive as of now only Legislator Tim Nichols is considering challenging McCoy in 2015 am sure there will be many more candidates and the first time in Dan McCoy's political career he will have an opponent.
The relationship between the county's two top elected Democrats has been, at best, complicated, LOL.
Behind the scenes, Jennings was said to have been searching determinedly in 2011 for a candidate to challenge McCoy, who had quickly risen from relative obscurity as one of 39 county lawmakers to a pair of powerful seats as the head of the county's Democratic Party and chairman of the Legislature.
McCoy's ascent to party chief, with Jennings' blessing, was seen as a compromise among warring urban and suburban factions of the party. But over the last two years, the two have often chafed — if not publicly feuded – on issues large and small. But McCoy said the fundraiser — with tickets priced at $250, $500 and $1,000 — is Jennings' way of acknowledging their cooperation.
"He just wanted to help me out and say thanks for all of these years working together," said McCoy, who worked on Jennings' initial 1993 mayoral campaign. "I appreciate him and his 20 years."
Of course, there may be another force at play here. Jennings is departing without having left behind an obvious successor and with the progressive faction of the Democratic Party with which he often sparred sweeping the mayor's and treasurer's races and having numerous allies in the other citywide offices and on the Common Council a year after picking up an Assembly seat.
contact Hon. Brian Scavo
LegislatorBrianScavo is based in Albany, New York, United States of America, and is a Stringer for Allvoices.