Avoid Buying Stocks with company with large deferred taxes

Avoid Buying Stocks with company with large deferred taxes (Full Version)

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madmickey -> Avoid Buying Stocks with company with large deferred taxes (11/16/2004 12:41:26 AM)
This is off topic, but if this help one person it is worthwhile. A lot of people are interested in buying stocks. The market has jumped up since the election. I have one suggestion avoid companies that have really large deferred taxes on their balance sheet. Deferred taxes have nothing to due with the IRS or revenue Canada. When a company uses a different accounting procedures (depreciation etc) than one used by the government it creates profits on its net income statement that are not in the tax report accountants than assign the standard tax rate to this supposed profit resulting in something call deferred taxes. Large deferred tax number indicates profits are over reported.

Bodhi -> Another totally OT thread (11/16/2004 1:36:34 AM)
Don't think this is the place for this, do you?

tsimmonds -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 4:43:54 AM)
It's not just deferred taxes. Essentially any "asset" that isn't cash, a receivable or a security of some kind, or real estate, sooner or later will wind up on the company's income statement as a reduction of net income.... Yes, we are shamefully OT. But at least it is practical and not just annoying political BS.

Don Bowen -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 5:00:11 AM)
When buying stocks I follow the advice of Will Rogers: Buy stocks and, when they go up, sell them. If they do not go up, don't buy them.

madflava13 -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 8:40:57 AM)
Buy Low. Sell High

Sredni -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 9:01:25 AM)
I use a piggy bank myself.

testarossa -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 11:13:42 AM)
Or they use creative accounting and all reports have no value whatsoever[:D].

seblinselles -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 12:27:15 PM)
I agree with Bodhi can see any link with WITP[&:]. Is there any feature that enable me to buy stocks of Mitsubishi in the game![:D] [image]local://upfiles/14209/Jh171731549.jpg[/image]

KPAX -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 5:17:00 PM)
Yes, lets stay on topic of WitP. Deferred taxes are not always bad. Essentially, it is a timing difference of book to taxable income. And you have to have things in the balance sheet that eventually go to the profit or loss otherwise what are you making or selling. Got to spend money to make money. On topic, please.

adsoul -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 7:19:30 PM)
Jesus Christ was born in Bethlemme... yep, off topic, but alot of people is interested in religion [:D] OK, OK, just waiting for my opponent turn [;)]

rhohltjr -> RE: Avoid Buying Stocks with company with large deferred taxes (11/16/2004 10:33:23 PM)
quote: ORIGINAL: seblinselles Is there any feature that enable me to buy stocks of Mitsubishi in the game![:D] quote: ORIGINAL: KPAX Yes, lets stay on topic of WitP. [:D] Apparently no way to buy Mitsubishi stock in the game that I know of since Nikkei and Jasdaq came about after Scenario 15 (or any variation) ends. IIRC. [;)] [:D]

DrewMatrix -> RE: Avoid Buying Stocks with company with large deferred taxes (11/17/2004 5:49:41 AM)
Maybe Matrix can set up a separate forum for Investing and Financial Planning. That would be helpful in getting to that early retirement that would let us spend lots more time playing WITP, so it really isn't off topic. But it needs its own forum.

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