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  • Seadrill: Come To Daddy [View article]
    I believe this point has been shown to be pretty invalid.
    Jun 25 10:03 AM | 32 Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Between AGNC and PSEC your risk level is exceedingly high.

    AGNC has had multiple dividend cuts, their historic BV has decreased, spreads are tightening and, as an mREIT any interest rate increase will portend further disaster.

    PSEC's NII has failed to cover their dividend for several quarters now, and their are much better BDC's out there (MCC and TCPC to name just two).

    I suggest you reduce your allocation to AGNC and the mREIT sector to 10% or less and consider selling PSEC and replacing it with other BDC's. Keep the BDC exposure to about 10% also.

    Look at midstream MLP's, eREITs and some exposure to closed-end funds or you might find yourself in the world of hurt.
    Jul 24 01:51 PM | 31 Likes Like |Link to Comment
  • 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
  • Seadrill Management Is Too Focused On The Stock [View article]
    Remember, this author has six whole years as an investor.
    Jul 14 07:41 AM | 24 Likes Like |Link to Comment
  • The REIT Way To Become A Disciplined Dividend Investor [View article]
    Continue to enjoy your articles Brad.

    One suggestion - please stop bragging on Donald Trump. He has built his wealth on Daddy's money, and if I am not mistaken he has bankrupted a number of times. Not exactly a financial role model.
    Nov 11 08:30 AM | 21 Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    At some point, the craziness of printing money 24/7 is going to result in inflation that will make the Carter years look like a picnic.

    As wyostocks says, all you have to do is to look at how packaging of groceries has changed. Everything is being reduced in size, content and prices continue to rise. Anyone believing that inflation is less than 2% should have their heads examined!
    Oct 31 11:40 AM | 20 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
  • Why There May Be Cause For Concern Over Seadrill's Dividend [View article]
    Another negative SDRL article - these are always good for PV's, and that is about all.

    By the way, the last four distributions were: .95, .98, 1.00 and 1.00.

    I guess they no longer teach math in college.
    Sep 8 09:47 AM | 19 Likes Like |Link to Comment
  • Dividend Stocks: Lose-Lose-Lose Proposition In Intermediate Term [View article]
    We dividend disciples are far too busy recording monthly and quarterly payments and being pleased with dividend hikes to bother with that.
    Jun 7 02:38 PM | 19 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
  • How To Buy REITs Like Sir John Templeton [View article]
    Another great article Brad. Like your investment heroes, but can't understand Trump being on the list.

    He did it all with Daddy's money, and, if I am not mistaken has gone bankrupt at least twice. His only claim to being any type of role model would be his hairstyle.
    Jan 27 10:11 AM | 17 Likes Like |Link to Comment
  • Seadrill's Financials Speak Of A Very Risky Enterprise [View article]
    Your terms: "lackluster", "much to be desired", "acutely felt", "running wild", "frightening", "fraught with" are amusing. Perhaps you should be writing for the New York Times.

    You mention that you "adapted" items from their press release. Perhaps you should have quoted from their CC directly. I don't think you listened to it (or read it) very closely.

    SDRL follows a somewhat different type of business model, and I and many others are thankful that theirs is an investor-friendly company. I have owned it from the low $20's and would use any dip into the mid-$30's to add to my position.

    Perhaps the phrases that you have placed in bold type will have the desired effect for you - which it appears would be to short the stock.
    Dec 8 03:40 PM | 16 Likes Like |Link to Comment
  • Seadrill - Investors Should Not Applaud The Recent Dividend Hike [View article]
    You don't seem to discuss their backlog in the article.

    SDRL is arguably the best positioned deep water driller in the world and with forthcoming projects in Mexico I believe things will only get better.

    I would stick with investor-friendly John Fredriksen before listening to The Value Investor.
    Nov 27 10:19 AM | 15 Likes Like |Link to Comment
  • Seadrill Doesn't Quite Make The Cut [View article]
    Funny article. Obviously these folks have no idea as to whom SDRL's peers are.

    I have owned it since the high teens and would love to see it in the 30's again so that I would have the chance to increase my position.
    Sep 7 08:55 AM | 15 Likes Like |Link to Comment