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Re: Disney Stock

Posted: Mon Nov 10, 2008 11:30 am
by hobie16
Cheshire Figment wrote:

I definitely am not wealthy, but have enough to live comfortably.
Who is?!?!

You should look at muni bonds too. They're very stable, pay between five and six percent, and if you can get in state, no federal or state tax is owed on dividends.

Re: Disney Stock

Posted: Mon Nov 10, 2008 1:11 pm
by ktulu
hobie16 wrote: New deal offered - Book 4 nites and 4 day park pass, play and stay for three days free.
I booked this yesterday...

6/15-6/22 with my wife's family going as well.

We'll also be celebrating Abby's birthday during this trip.

Re: Disney Stock

Posted: Tue Nov 11, 2008 7:42 am
by Cheshire Figment
hobie16 wrote:You should look at muni bonds too. They're very stable, pay between five and six percent, and if you can get in state, no federal or state tax is owed on dividends.
Florida does not have state Income Tax, so the last point is moot. Technically munis don't have dividends, they have interest.

But I will have a major investment in munis when my mother dies. She is 94 (although in good health) and has for years been complaining about being a widow and an orphan. Basically all her investments are munis in NY.

Re: Disney Stock

Posted: Tue Nov 11, 2008 9:22 am
by hobie16
Cheshire Figment wrote:Florida does not have state Income Tax, so the last point is moot. Technically munis don't have dividends, they have interest.

But I will have a major investment in munis when my mother dies. She is 94 (although in good health) and has for years been complaining about being a widow and an orphan. Basically all her investments are munis in NY.
With munis you still avoid federal tax. That's usually a bigger bite than state tax.

Don't touch the principal.