Vestnomics Wealth Management, LLC
Russ Blahetka, CFP® is the founder and Managing Director of Vestnomics Wealth Management, an independent, fee-only, Registered Investment Advisory firm serving individuals, families, and self employed individuals. He founded Vestnomics on the simple concept that everyone has the right to achieve their financial goals. Prior to this, he was a Financial Advisor and District manager at Waddell & Reed.
At Vestnomics the focus is on the human side of finance. Together, Russ and his team cut through the jargon and media noise and focus on the personal, human aspect of their client's finances. Vestnomics is a personal, economic advisor. The fee structure for the firm is transparent and reasonable. They offer hourly or flat fee for financial planning and also offer assets under management based fees. Russ' clients receive regular communications on their portfolio's performance as well as timely updates of market conditions. All advisors at Vestnomics are bound by the CFP® Board's code of ethics. This means Russ and his team are bound by the "best interest" standard, not the less strict "suitability" standard.
In addition to helping clients towards their goals, Russ teaches "Investments in Personal Financial Planning" at the UC Santa Cruz Extension. Additionally, he teaches "Financial Statement Analysis" in the extension's CPA and Business Administration program. Outside of his professional endeavors, he can be found taking lessons in an Evektor Sports Star working towards his Sport Pilot License. Furthermore, he serves on the board for Title IX Media, an organization which promotes gender equality in sports, and the Academy of Finance at Independence High School.
DBA, International Business, Argosy University
MBA, Global Business, San Jose State University
Assets Under Management:
Information contained in this posting is informational and educational in nature. Do NOT take information provided here as legal, tax, or investment advice pertinent to your specific situation. Any information posted here is not a solicitation of any type, nor does it constitute an opinion on the appropriateness of any investment either in general or specific to the reader's situation. Do NOT act on any information or answer without obtaining legal, tax, and/or investment advice specific to your situation from an appropriately licensed professional.
What do you mean by similar? The numbers will be different, but should follow some pattern. It helps to understand what these ratios measure. Overall, they measure management's ability to generate wealth/profits/value for the shareholders.
Sales per share is simply the net sales (sales after returns, discounts, etc) divided by the average shares outstanding over that period (month, quarter, annual, etc). So, if a company has sales of $100,000 and 1Million shares outstanding, its sales per share is 0.10. It measures management's ability to efficiently generate sales.
Earnings per share measures management's ability to efficiently extract profit from sales based on a per share measure. So, in the example above, if the company has net earnings of $50,000, and there are no preferred stock dividends, then its earnings per share would be 0.050. However, if there are preferred stock dividends of $10,000, then the EPS would be (50,000-10,000)/1,000,000 = 0.040.
Dividend per share is simply the total dividend declared by a company divided by the average shares outstanding. Typically (though not always) it is some portion of the company's profits. It could also be a portion of the company's retained earnings as a way to return part of the company's cash to shareholders so they may reinvest it elsewhere.
So, using the numbers in your example, one has to wonder what is happening. Sales per share of 0.0421 is equivalent to a company with revenues of $23,752,969 for 1,000,000 shares outstanding. If we use the same logic, then EPS equivalent to $15,220,700, or net profit margin of 64.1% (nice). On the dividends, they paid out about $7,818.608, or about 51,4% of their profits to shareholders.
You really have not provided enough information to provide an accurate answer.
On the trading side, if these are all short held (less than a year) then you will be taxed at your ordinary income tax rate. If they are all held for over a year, then yes, you will likely be taxed at the lower long term capital gains tax rate.
I'm not sure what you mean by 'net capital income,' but if you are receiving wages from an employer, that would be considered ordinary income. If by 'net' you mean the $15K is after your personal deduction ($12K for 2018), then it is likely the taxes on your long term holdings could be as low as 0%.
I commend you for going to school while working. Adding to your skill set is always a good thing.
While this may not be what you want to hear, talk to the lender to set up a payment plan. Unpaid debt is not a good thing, and it has its repercussions. While it may not seem that important now, a bad credit report could keep you from entering some professions, could block you from some jobs, and it could prevent you from getting loans when you do need them. Allowing debts to go to a collector is bad because it basically says you are unable to handle your responsibilities.
The other thing I can suggest, to help with the debt cycle, is to look for other types of tuition assistance. You did not mantion what you are studying or where. However, check on-line for affinity scholarships or grants. Not all scholarships are large, but they can help wih books or reduce the effect of tuition. For example, a quick check on scholarships.com shows potential scholarships for everything from your major to special attributes (ne of which is a $2,000 scholarship for winning a duck calling contest).
As the owner, at least for the time being, you would ideally want to maintain control, so you would want to keep 51% of the shares. As for the other 49%, you would need to be judicous on how you hand it out. If you believe you may need additional investors you will not want to give the entire 49% out at one time.
Eventually, if your idea pans out and you are looking to go public, you will need to cede control ownership. However, by that point, if you brought in the right people, their ideas and energy will accelerate your own wealth.
I agree it is important to see what other market participants think of a stock and if there is a significant amouint of shorting. The mob is not always correct, but it could be of interest.
NASDAQ .com does provide some of this information as does Yahoo Finance. However, thses are usually reported on a bi-weekly basis. If you are interested on a daily view, take a look at volumebot.com. It may provide you with some of the information you are seeking. However, I cannot comment on the accuracy of the information you receive there.
There is also shortvolume.com and nakedshortreport.com. These will at least give you volume. If you want real time data and more of a break down on transactions, that may be a bit more difficult, and expensive, to obtain. You may be able to get information along this line therough squeezemetrics.com, but there is likely a cost.