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Akaralph

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  • Five Risks Of MLP Investing [View article]
    First of all, MLPs have secondaries for the express purpose of paying down debt or for capital projects - that is the way they do business.

    Secondly, the upstream MLPs have hedges in place to offset (or guarantee) prices they receive for the underlying commodities.

    Thirdly, most MLPs increase payouts based upon dropdowns from the GP.

    Fourth, MLPs pay Distributions, not dividends.

    Fifth, you neglect to mention anything about DCF and coverage ratios, the most important metrics for evaluating MLPs.

    Finally, and I am not trying to be mean, but you need to learn a little more about MLPs before writing about them.
    Mar 1 02:12 PM | 29 Likes Like |Link to Comment
  • How Inflation Could Happen In The U.S. [View article]
    Not trying to be impolite - but to say that government data is "remarkably accurate" when they perpetrate "the big lie" on a continuing basis is to be naive at best.
    Feb 23 11:37 AM | 20 Likes Like |Link to Comment
  • Buy Alon USA Partners For 26.2% Dividend Yield [View article]
    When you lose your job at McDonald's you can always become a protester. I hear that the North Dakota oilfields are great this time of year.
    Dec 6 08:29 AM | 20 Likes Like |Link to Comment
  • How Inflation Could Happen In The U.S. [View article]
    Do you ever shop for groceries or fill up your gas tank? I think everyone realizes that the government inflation data is a crock (ex food and fuel), and that "real" inflation is low double digits at the present time.

    If you think that printing money 24/7 will not not bite us is the butt soon, you must be living in La-La land.
    Feb 23 10:21 AM | 18 Likes Like |Link to Comment
  • Positioning in Gold, Oil for the Months Ahead [View article]
    You are correct - climate does have "warming" and "cooling" cycles, but to say we are responsible for global warming kind of dents your credibility.
    Feb 17 09:29 AM | 15 Likes Like |Link to Comment
  • What Obama's Win Means For Your Wallet [View article]
    Where are you getting this from? Have you been on another planet?

    The President intends to do everything in his power to shut down industry (coming EPA regulations), tax the folks that create jobs, and continue along the path to socialism.

    Mark my words, in fours years you will not recognize our country.
    Nov 10 07:58 AM | 14 Likes Like |Link to Comment
  • 7 Energy Stocks That Could Drop Significantly if Oil Rally Fades [View article]
    People need to understand that Seeking Alpha is basically a blog, and as such it is a forum for folks to hype or denigrate stocks. You have to sift through what is presented very carefully - if you buy these stocks on the say-so of the authors, you deserve what you get.

    Personally, the only one here that I follow is KOG. It is a long-term investment, based on the potentials in the Williston Basin and Bakken Shale sites. Holding it for two years should bring excellent appreciation.
    Mar 9 08:21 AM | 14 Likes Like |Link to Comment
  • Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
    Agree. It is (and has been for many years) a goal of our government (Repubs and Dems alike to create a situation whereby every citizen is 100 percent dependent upon them for everything.

    I am sick of the present administration blaming everything on the previous one - plain and simple. Accept some responsibility (that's a laugh).

    I greatly fear if the Dems take total control in 2014. Never thought I would live to see the downfall of our country.
    May 11 09:37 AM | 13 Likes Like |Link to Comment
  • Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield [View article]
    Wow! I never knew that REITs and MLPs were fads.
    Dec 25 09:57 AM | 13 Likes Like |Link to Comment
  • Sprott's John Embry: 'The Future For Retirees In America Is Grim' [View article]
    Isn't it amazing that many people believe in wealth redistribution?

    If you work hard and are rewarded financially for your efforts while the guy next door sits on his fanny in front of the tube all day let him starve. Unfortunately, our government chooses to reward his slothfulness with welfare!
    May 11 01:05 PM | 12 Likes Like |Link to Comment
  • Calumet Proves Success As A Dividend Growth Stock [View article]
    I have owned CLMT for a few years and my average price is around the $20 level.

    I think investors need to understand that while CLMT is not a variable rate MLP, it is primarily a refiner, and therefore depends a lot on the crack spreads. While the distribution has increased substantially, one need only look back to 2008 for a divergence.

    In January 2008 CLMT paid $.63 only to cut the distribution to $.45 in May of that year. Since that time, the distribution has climbed steadily to the point that it is now higher than it was in January 2008.

    What I am saying here is that unlike MLPs like EPD, and the other quality mid-stream MLPs, CLMT is not a "hold for life" position, and unit holders need to keep a keen eye on what is going on in the refining sector.
    Mar 24 09:01 AM | 12 Likes Like |Link to Comment
  • Investment Strategy: What Portfolio Withdrawal Rate Can You Live With? [View article]
    You are assuming that every retiree has a $1,000,000 nest egg. I believe that last I saw the average 65 year old has $75,000 in savings.

    What are your suggestions for persons retiring with $800K, $500K, $300K etc.

    A 4% yield for these folks is bupkiss!
    Jan 18 04:28 PM | 12 Likes Like |Link to Comment
  • Five Risks Of MLP Investing [View article]
    The government has talked about changing the tax rules on MLPs on several occasions. Since the total impact of such a move is relatively minimal I don't see it happening anytime soon.

    That said, when you consider the level of intelligence presently in D.C., nothing would be a stretch.
    Mar 2 12:06 PM | 11 Likes Like |Link to Comment
  • How Inflation Could Happen In The U.S. [View article]
    I apologize if you consider my comments to be "impolite", but they are far from being irrelevant.
    Feb 23 11:39 AM | 11 Likes Like |Link to Comment
  • Mortgage REITs Can't Deliver? Here Are Other REITs To Consider [View article]
    I would praise Obama if he were man enough to resign.
    Oct 18 03:42 PM | 11 Likes Like |Link to Comment
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