Ask Rande 10,000+

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Top 696. Jan 14, 2002 12:40 PM

» Kirk - Re: ? S & P 500 Index Thread?

In response to message posted by Katrina75:

If you subscribe to this thread, then you can click "What's New" above THEN you get a list of your favorite discussions!

You can even sign up for email updates!

or just have the list handy for your return

I also bookmark this URL and use "Control+F" to search it for key words
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Hope this helps

-- posted by Kirk

Top 697. Jan 14, 2002 12:52 PM

» Katrina75 - Re: Re: ? S & P 500 Index Thread?

Thanks, Kirk!

-- posted by Katrina75

Top 698. Jan 14, 2002 5:27 PM

» David_Korn - Re: Re: Re: Re: Investors Intelligence

In response to message posted by Rande:

Thanks Rande, I am going to add that article to my DavidK primer on the subject. Seems like all these indicators work at some point, but not all the times. Best not to fall in love with any of them (i.e. ARMS, put/call, Investors Intelligence, yada yada, where's my pinyada).

-- posted by David_Korn

Top 699. Jan 15, 2002 7:32 AM

» gorby - Rydex Funds

Rande---------Can you tell me if it is legal to own both the Rydex Velocity and the Rydex Venture Funds at the same time? I guess you could say I've used one as a hedge at various times.

Thanks, gorby

-- posted by gorby

Top 700. Jan 15, 2002 7:36 AM

» Kirk - Re: Rydex Funds

In response to message posted by gorby:

Legal yes... You seem to just net out your position with a nice donation to the fund managers.

Perhaps you might want to ask about what you can claim on your taxes?

-- posted by Kirk

Top 701. Jan 15, 2002 7:45 AM

» Rande - Re: Rydex Funds

In response to message posted by gorby:

gorby,

Why would it be illegal to own publicly-traded mutual funds in any combination? As for any adverse tax consequences, the two funds held together could be considered offsetting positions in the same security and therefore fall under the straddle rules, but that would depend on the underlying investments. Under the straddle rules, you must defer any loss on one position until both positions are disposed of.

-- posted by Rande

Top 702. Jan 15, 2002 7:57 AM

» DavidWShane - 1040-ES

Rande, I have submitted 1040-ES payment vouchers 1,2, and 3 for the first three quarters of 2001. I now find that based on what I've sent to IRS and what has been withheld, we have no further tax liability. Since I've sent the first three vouchers, should I go ahead and send in # 4 showing "no liability", or simply not send in the voucher at all. Probably a question much lower than your pay grade deserves, but I'm obsessing about this, and can't find anything specifically applicable in the instructions. Thanks, David

-- posted by DavidWShane

Top 703. Jan 15, 2002 8:04 AM

» gorby - Rydex

Thanks Kirk and Rande---------These funds were owned in different amounts and one was used only periodically, but you were correct about them offsetting when owned at the same time.
I'll check out the straddle rules.
gorby

-- posted by gorby

Top 704. Jan 15, 2002 8:30 AM

» Rande - Re: 1040-ES

In response to message posted by DavidWShane:

David,

So long as you've met your estimated individual income tax obligation there's no need to send in the 4Q voucher. I'd just toss it. If anything, the IRS should say "thank you" for sending in more payment than you had to earlier on.

-- posted by Rande