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Saturday, October 11, 2008
October is already one brutal month
This has already been one brutal month, but there are still 3 weeks to go:
Dow Jones Industrials - 2 months
Dow Jones Industrials
30-Sep-08...... 10,851
9-Oct-08......... 8,451
Down............. 2,400
Central bank leaders are meeting this weekend trying to find fixes for ailing markets. Let's see what they come up with!
2 comments:
Anonymous
said...
Avi, I read or misread somewhere that if I buy a MLP, that I have to file income taxes in every state it does business in, which would make for onerous taxtime. The one MLP I have owned, Cedar Fair, I did not pay state tax in every state it does business in. Can you comment on whether Oil and gas MLPs work the same, that I only pay state tax if I live in the one of the states it does business in? I would appreciate it
2 comments:
Avi, I read or misread somewhere that if I buy a MLP, that I have to file income taxes in every state it does business in, which would make for onerous taxtime. The one MLP I have owned, Cedar Fair, I did not pay state tax in every state it does business in. Can you comment on whether Oil and gas MLPs work the same, that I only pay state tax if I live in the one of the states it does business in? I would appreciate it
well 2400 down is hell lot of downfall.
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