Best defense of capital tax charity 15 july 2013
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Best defense of capital tax charity 15 july 2013

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Update of our TaxCharity portfolios driven by Risk Price, all smooth sailing no changes.

Update of our TaxCharity portfolios driven by Risk Price, all smooth sailing no changes.

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  • 1. “ Page 1 of 3 July 2013 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions. Best Defense of Capital, Tax Charity Update–15 July 2013 Equities trading above our benchmark Risk Price (SF) are those liked by investors, and two of three continue to price rise due to investors’ preference. These equities are “likeables.” They are revealed by their rise above Risk Price, the metric that investors must know to defend their capital. Cash must be engaged in the economy in business ideas with valiant balance sheets or it loses value. That is simple fact. For small savings it is needful but arbitrary you feed at the low price end of "likeables" found in the market. Equities that tend to hold their value and gain are better than cash. We like Capital Safety and Liquidity because we have consistently proven that works. What is essential in your portfolios is that you buy a full complement of at least eight or preferably more equities at any time (preferably in equal blocks of 100 shares for 'collaring options' as exit strategy to maximize gains, often continuing to hold through volatility and earning more gains). Tendency for gain is not the same as pin-the-point on the mule as most encourage or seek. Let others chase the gamblers’ risk/reward model. Good reason knows that rarely works but you can be charitable and buy a lottery ticket that donates support to community sports and arts, like buying a raffle ticket at the Strawberry Social. Tax Charity Portfolios Update List – 30 June 2013 NYSE Value 17K Firms Market Price Symbol SF (Risk Price) Stop/Loss American Capital Ltd 13.38 ACAS:US $10 $11 Convergys Corp $topLoss sold 18apr 16.00 CVG:US $13 $17 First Horizon National Corp StopLoss sold 15apr 10.00 FHN:US $9 $11 Ford Motor Co. 17.12 F:US $12 $14 Hercules Offshore Inc 7.49 HERO:US $4 $6 Host Hotels & Resorts Inc 17.00 HST:US $14 $17 Huntington Bancshares Inc $topLoss sold 17apr 7.00 HBAN:US $6 $7 Interpublic Group of Cos 15.62 IPG:US $9 $13 KeyCorp 11.76 KEY:US $8 $10 LSI Corp $topLoss sold 22apr 6.00 LSI:US $6 $7 Manitowoc Company StopLoss sold 15apr 18.00 MTW:US $12 $18 MBIA Inc 10.73 MBI:US $8 $12 Regions Financial Corp 9.93 RF:US $6 $9 Sprint Nextel 6.72 S:US $4 $6 Teradyne Inc $topLoss Apr 5, 2013 15.00 TER:US $14 $17 Cashout*100 Shares (sale of CVG. HBAN, LSI, MTW, TER, FHN MBI& LSI) 9973.00 New NYSE “Likeables” (30Apr-to replace sold) "there is risk in what you do not or cannot know." Thomas Tooke, 1844 "for the value of money is also perishable." Jean-Baptiste Say , 1803
  • 2. “ Page 2 of 3 July 2013 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions. Best Defense of Capital, Tax Charity Update–15 July 2013 Boston Scientific Corp 9.57 BSX:US $7 $8 Goodyear Tire & Rubber Company 16.7 GT:US $12 $14 Hudson City Bancorp Inc 9.76 HCBK:US $8 $8 JDS Uniphase Corp 14.99 JDSU:US $14 $12 New York Times Company CL A 12.65 NYT:US $8 $10 Spectra Energy Corp 35.87 SE:US $27 $32 Compuware Corp 10.49 CPWR:US $10 $9 MGIC Investment Corporation 6.00 MTG:US $5 $5 Buy In*100 Shares 9817.00 Net Cash * 100 (from buy) 156.00 Portfolio Value 15June 2013 20099.00 / 15214.00 Gain 6.5 months 32.11% TSX Value 22K Firms Market Price Symbol SF (Risk Price) Stop/Loss Aimia Inc 15.29 AIM $10 $14 Algonquin Power & Utilities Corp. 7.39 AQN $6 $7 CAE Inc. ($top-loss sold 26mar) 10.00 CAE $9 $10 Cott Corporation ($top-loss sold 01may) 10.00 BCB $8 $10 Canfor Corporation 18.97 CFP $10 $15 Chartwell Seniors Housing Real Est. Investment Trust 10.00 CSH.UN $7 $10 Canexus Corporation 9.17 CUS $7 $8 Denison Mines Corp. 1.26 DML $1 $1 Dundee Precious Metals Inc. ($top-loss sold12apr) 7.00 DPM $7 $5 Enerflex Ltd. 13.57 EFX $12 $12 Great Canadian Gaming Corp 9.77 GC $7 $9 Heroux-Devtek Inc ($N* sold 04mar) 8.25 HRX $9 $6 Dominion (Harry Winston) Diamond Corporation 14.62 DDC $12 $14 Manitok Energy Inc 2.64 MEI $1 $2 Maple Leaf Foods Inc. 14.97 MFI $11 $12 Martinrea International Inc 11.49 MRE $8 $9 New Gold Inc. ($N* sold 04mar) 9.59 NGD $10 $6 Jean Coutu Group (PJC) Inc. 18.98 PJC.A $13 $16 Pason Systems Inc. 18.78 PSI $15 $16 Trinidad Drilling Ltd. 7.00 TDG $7 $6 Yamana Gold Inc. ($top-loss sold 12apr) 14.00 YRI $6 $10 Current Portfolio Value (including dividends) 23225.00 Cashout*100 Shares (CAE DPM HRX NGD & YRI) 6607.00
  • 3. “ Page 3 of 3 July 2013 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited. The author does not provide investment advice. In order to use reproduce or convey the material herein, in any way, written agreement must be obtained from the author or its agent Architypes Inc. StockTakers Limited is an Alberta corporation providing information on “likeables” equities. StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions. Best Defense of Capital, Tax Charity Update–15 July 2013 New TSX “Likeables” (to replace CAE CSH-UN DPM HRX NGD & YRI) ARC Resources Ltd. 28.23 ARX $25 $26 Ensign Energy Services Inc. 17 ESI $17 $16 Precision Drilling Corporation 9.61 PD $9 $8 NuVista Energy Ltd. 7.52 NVA $8 $7 Buy In*100 Shares 6110.00 Net Cash * 100 Shares 497.00 Portfolio Value 15 June 2013 (including dividends) 23225.00 / 20235.00 Gain 6.5 months 10.43% In Modal Geometry "theory of the firm" we make only two assumptions, clearly as follows: 1. there is a balance sheet of the firm (that the rule of law governs its information is possibly weak assumption but at an accuracy to at least the modest degree accountants are prepared to be responsible for); and, 2. 2. the firm will vigorously negotiate, “what it owns” (in order to stay in business “what is owed to it” with “what it owes” and vice versa, to make the best of what it has, that is in its trading connections). 3. The Modal Geometry theory of the firm has unfolded more by rigourous observation in the real world, aided with logic, epistemology, and some powerful mathematics, than by just emotional assumptions with little or weak science. Our reasons for having any equity in our portfolios are clear, concise and consistent, “likeables” are equities shown valued by investors, tending to continuing gain, which investors have demonstrated a determination to buy and hold these stocks at prices above the price of risk. Know What You Have. Have What You Know. Our view is risk averse. Of course we require 2&20 fees for doing that. Mail us for our help. Hans Goetze, Architypes Inc. architypes@gmail.com and StockTakers Limited hg.stocktaker@gmail.com Head Office 76 Midridge Close SE Calgary, AB T2X 1G1 351 Chemin Boulanger Sutton, PQ J0E 2K0 450 538-1270