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Cranky

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  • Asset Allocation For A Dividend Growth Investor [View article]
    And that said, you would have been much better off in 100% Pimco Total Return Fund over the last 10-15 years.

    Your $500k investment portfolio would be worth, what $1.2 million? (less income used) instead of $500k (or less if you go back toward 15 years). I think most would rather become a millionaire.

    Of course, no one should be in one asset class, even all bonds.
    Feb 8 07:07 AM | 2 Likes Like |Link to Comment
  • Asset Allocation For A Dividend Growth Investor [View article]
    The headline is a misnomer. It should read why a retiree likes dividends. There is no asset allocation that is relevant to an investor in a wealth accumulation phase. Or to one who is in the last stages of wealth creation.
    Feb 8 07:01 AM | Likes Like |Link to Comment
  • Investment Strategy Review: 'Graham And Dodds-Ville' [View article]
    Mike you admit to doing very poorly over a period where many of us made very good money, because we had balanced portfolios with allocations to stocks, dividend stocks, reits, bonds long and short duration - low and higher risk, preferred shares, covered call etf's for more income, gold and silver and oil and gas trusts.

    Again, the chances of you finding value before the pros is very very slim. No one knows where the markets or individual stocks are going at any time. If you want to make money, take away the guessing. Own non-correlated assets.

    I know you won't likely consider the above, and unfortunately a few will come back here and to your future articles to say they told you so. That said, I hope you do get a run of good luck.
    Feb 8 06:48 AM | Likes Like |Link to Comment
  • Grumpy Old Permabear [View article]
    now that's a conspiracy theory i would buy... that makes sense.
    Feb 7 03:48 PM | Likes Like |Link to Comment
  • Grumpy Old Permabear [View article]
    Ha, I'm no permabear. like the rest of the planet i have no idea where the stock market is going.
    Feb 7 03:48 PM | Likes Like |Link to Comment
  • Is A 25% Gain On The S&P 500 In 2012 Reasonable? [Podcast] [View article]
    Just kidding, anything can happen. And I'd be right there to sell some fool some of my stocks.
    Feb 7 03:29 PM | 1 Like Like |Link to Comment
  • Is A 25% Gain On The S&P 500 In 2012 Reasonable? [Podcast] [View article]
    Ya and ... monkeys, flying, butt, might, out of, and my ...

    Complete this sentence.
    Feb 7 03:27 PM | Likes Like |Link to Comment
  • Did The Liquidity Trap Cause The Hike In Gold? [View article]
    thanks. how high do you think gold goes? I know, you could answer with how long is a piece of string?
    Feb 7 03:18 PM | Likes Like |Link to Comment
  • Did The Liquidity Trap Cause The Hike In Gold? [View article]
    Ven, your straight forward enthusiasm and no excuses all in support for pm's is amazing. Just like Eric Sprott who has most of his wealth in pms stocks (along with other materials and oil and gas companies). As a Canadian, I've held his Sprott Canadian equity for some 15 years. It's the only mutual fund I would hold. Worth the very high fees. I think it has delivered near 20% average annual returns.

    The guy sticks to his convictions and sleeps well.
    Feb 7 09:45 AM | 1 Like Like |Link to Comment
  • Did The Liquidity Trap Cause The Hike In Gold? [View article]
    Yes, the US would be better off with a $5 trillion deficit and a $20 trillion debt quickly rising to $30 trillion and beyond?

    US currently prints and borrows 40% of all total federal revenues. Any interest rate spike and kaboom.
    Feb 7 09:39 AM | 1 Like Like |Link to Comment
  • Greece agrees to lay off 15,000 public-sector workers by the end of 2012, a government minister says, which would signal a concession after meetings between PM Papademos and Greece's political leaders over a reform program demanded by the country's creditors had been delayed for another day.  [View news story]
    sorry, meant disagree. And yes, private citizens have to cover the bad bank debts as well (holding bad government bonds). For sure banks and governments are in this transfer of debt and risk together.
    Feb 7 08:18 AM | Likes Like |Link to Comment
  • Greece agrees to lay off 15,000 public-sector workers by the end of 2012, a government minister says, which would signal a concession after meetings between PM Papademos and Greece's political leaders over a reform program demanded by the country's creditors had been delayed for another day.  [View news story]
    would agree, private citizens also have to cover the public debt. true more transfer of risk to the private citizen.

    once again, government waste and overspending is as the root of the problem.
    Feb 7 07:54 AM | Likes Like |Link to Comment
  • Greece agrees to lay off 15,000 public-sector workers by the end of 2012, a government minister says, which would signal a concession after meetings between PM Papademos and Greece's political leaders over a reform program demanded by the country's creditors had been delayed for another day.  [View news story]
    Of course we need government. We also need to pay a fair price for government and the services. That is not happening. Government is generally doubling in cost every 10 years in most developed nations.

    At the root of it all is government waste and overspending.
    Feb 7 07:52 AM | Likes Like |Link to Comment
  • Grumpy Old Permabear [View article]
    Hey Geoffrey don't those two lines write a few books? The bond market is always much more reasonable and knowing than the casino known as the stock markets.
    Feb 7 07:02 AM | 3 Likes Like |Link to Comment
  • A Battered Healthcare Play With Favorable Long-Term Demographics [View article]
    Demographics, yes. Government no. Likely very high risky when you are at the mercy of government regulations. There is that little point of the US being on the road to insolvency. Governments will get desperate at some point.
    Feb 7 06:58 AM | 1 Like Like |Link to Comment
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