I think you're right, we don't know where iron ore will go. That is why we avoid trying to predict that with any precision. We assume it can go down a lot. If it can, and the price of VALE still seems fair, we probably still begin to accumulate.
Smoking Opportunity In Universal Corporation [View article]
Carokay
Sounds like you and your husband have been good stewards. We like the stock at these prices, but also acknowledge that if a company becomes too big a portion of your account, that it may lead to trouble for you and your heirs.
With capital gains rates set to change dramatically at year end, I would seriously consider checking in with a trusted advisor for advice. If you have none you would consider trusted, feel free to contact Camelot Portfolios in Maumee, Ohio and ask for me.
Government Properties Income Trust Is Not Cheap Enough [View article]
Hi Bleach!
Depends on what your looking for. The company is liquid so going out of business is not really a concern right now. So if you want yield and a little safety. I think that could be had around 20 or below.
If you want to buy truly depressed stocks, I think this could see a yield grow to nearly 10% so I'd look for an entry around 17 based upon recent dividends.
Unveiling The Value Of Vale [View article]
Unveiling The Value Of Vale [View article]
Unveiling The Value Of Vale [View article]
Smoking Opportunity In Universal Corporation [View article]
Sounds like you and your husband have been good stewards. We like the stock at these prices, but also acknowledge that if a company becomes too big a portion of your account, that it may lead to trouble for you and your heirs.
With capital gains rates set to change dramatically at year end, I would seriously consider checking in with a trusted advisor for advice. If you have none you would consider trusted, feel free to contact Camelot Portfolios in Maumee, Ohio and ask for me.
Thanks and best wishes.
Government Properties Income Trust Is Not Cheap Enough [View article]
Depends on what your looking for. The company is liquid so going out of business is not really a concern right now. So if you want yield and a little safety. I think that could be had around 20 or below.
If you want to buy truly depressed stocks, I think this could see a yield grow to nearly 10% so I'd look for an entry around 17 based upon recent dividends.
Hope that helps.
Jason