Frontier Communications - A Light At The End Of The Tunnel [View article]
CN:
While not a Dodger's fan, you have to love Sandy Koufax. Don Drysdale was another. He would put a fast ball into your head as calmly as eating a ham sandwich. He used to have a tv show where he gave tips on ball control. He was good.
In San Francisco, even when I was a kid, baseball was a passion. We didn't play football until we got to high school and none of us even knew how to put on the gear. I remember not being very good, but being rather large for my age. The coach was making final selections and he asked me: "Can you play center?" I replied, "Coach, I was born to play center." After I got my uniform I turned to my best buddy and said: "What the heck is a center?"
I played CYO leagues. We were a travel team. The group started in the 6th grade and we played together through high school and while I went into the Army, my pals played together in college. Like my dad, when I got out 8 years later, I was done playing baseball. We were Italians and Irish kids, mostly. A guy named Bobby Nomellini was our catcher. His uncle played football for the 49ers.
But, the Alou brothers were first class guys. Never turned down autograph requests. Mays and McCovey? They loved kids coming out and would actually talk to you during warm ups. The Giants had a pitcher named Stu Miller who had three speeds. Slow, slower, slowest. He had a hell of a change-up, though.
In the 1961 All Star Game in SF, we were on the third base side when Miller came in to pitch in the 9th inning. He pitched two innings and faced 5 batters. He struck out 4, including 3 in the 10th inning. He got the win, but he is "rembered for a balk."
The game day was really hot and the air was still for SF. When Miller came in, the winds started picking up. While he was in his stretch, the wind blew him off the mound and they called a balk. Unbelievable! Then he had probably the best two innings of his life.
Frontier Communications - A Light At The End Of The Tunnel [View article]
Numbers:
Having my cousin Frank play for and coach for the Yankees, I have been a life long fan of the team. The neighborhood in San Francisco, where I lived produced a lot of ballplayers. They played at Funston Park (now named the Moscone Recreation Center). The Dimaggio's were North Beach kids who played there with Frank and my dad, who was signed with the Phillies, but went to WWII instead.
As a kid, we would go to Seals Stadium to see them play and when the Giants came to town, they played at Seals Stadium--and it was cool, because it was real easy to sneak into the park without paying.
The Giants were always my second favorite team and I always hated the Dodgers.
Saw Mantle and Maris play. Whitey Ford was one of my heroes and had the best pick off move to first base that you've ever seen.
The quote has been attributed to many different folks over the years, but I do know that when he was asked: What question do you get asked the most often? Mickey said: "Will you sign this?" Classic.
If you have saved money and invested it wisely, perhaps you are right. I'm not 70 yet, but will be in 5 years. My biggest worry is how can I squeeze a few more hours in every day so I can get more stuff done.
I don't want to die before I scratch everything off my bucket list and it's a pretty long one.
I don't want to sound like I am a person without empathy, but people who say they "can't save" don't have a savings problem. They have a motivation problem.
Up until a couple of years ago, I was a smoker. At $6 a pack or $42 a week, I figured that money was better being invested than burning it. Did like you suggest with cable tv. That's $100 a month where I live and instead of watching lot of crap on tv, I spend time with my family and when they are busy, reading books. When I paid off my car loan, I decided to keep the car and start sending that payment to Schwab. Did the same when I paid off my wife's car.
It's not a "how" issue. It's a "get off your butt and get started" issue.
PS: Just a piece of advice. You can't get started investing soon enough. As my boss used to say, "Let's take it out of the talking stage and put it in the doing stage."
Frontier Communications - A Light At The End Of The Tunnel [View article]
Tom:
When I was in Vietnam, the Generals used to be fond of telling the troops that there is a light at the end of the tunnel. We troops used to say, exactly that--"yeah, you might be right, but that light is attached to the front of a locomotive."
Chevron Is A Well Oiled Dividend Machine Worth Buying For The Long Haul [View article]
Martin:
You don't think that double hulls are a good idea? I remember years ago that people didn't wear seat belts in cars. Kids slept on the panel by the rear window. Things change.
The hyporthetical articles are great for brain challenges, but my simplicity means that I'm going to write about what is going on with my own investments.
I'm not as smart as those other guys who know how to talk that financial lingo.
I hope you will. If you scroll up to the avatar "Callahan" there is a line with "articles" written. You can follow any of these portfolios from the beginning article to the up to date articles.
One of the things that I've discovered over the years is that when the market hates a particular stock (and the reasons are infinite as to why it's hated), but you look at the numbers and you have to say "Are you kidding me?"
When BAC dropped to $4.00 a share, when WFC and JPM were crushed by the recession and mortgage meltdown, prudence said, let's just wait a while and see how this all plays out. All three banks have had a very nice run for those who took the plunge when others were turning their backs on these banks. I bought all three and thank you very much, with JPM and WFC I am getting a nice dividend (with recent increases) and with BAC I have a stock that is priced at $13 a share from the $7 I bought in at.
These are not, right now, DG stocks from a traditional sense, but they are growth plays.
Same with GE when it was $14 a share. INTC at $15. MSFT under $26.
Frontier Communications - A Light At The End Of The Tunnel [View article]
While not a Dodger's fan, you have to love Sandy Koufax. Don Drysdale was another. He would put a fast ball into your head as calmly as eating a ham sandwich. He used to have a tv show where he gave tips on ball control. He was good.
In San Francisco, even when I was a kid, baseball was a passion. We didn't play football until we got to high school and none of us even knew how to put on the gear. I remember not being very good, but being rather large for my age. The coach was making final selections and he asked me: "Can you play center?" I replied, "Coach, I was born to play center." After I got my uniform I turned to my best buddy and said: "What the heck is a center?"
I played CYO leagues. We were a travel team. The group started in the 6th grade and we played together through high school and while I went into the Army, my pals played together in college. Like my dad, when I got out 8 years later, I was done playing baseball. We were Italians and Irish kids, mostly. A guy named Bobby Nomellini was our catcher. His uncle played football for the 49ers.
But, the Alou brothers were first class guys. Never turned down autograph requests. Mays and McCovey? They loved kids coming out and would actually talk to you during warm ups. The Giants had a pitcher named Stu Miller who had three speeds. Slow, slower, slowest. He had a hell of a change-up, though.
In the 1961 All Star Game in SF, we were on the third base side when Miller came in to pitch in the 9th inning. He pitched two innings and faced 5 batters. He struck out 4, including 3 in the 10th inning. He got the win, but he is "rembered for a balk."
The game day was really hot and the air was still for SF. When Miller came in, the winds started picking up. While he was in his stretch, the wind blew him off the mound and they called a balk. Unbelievable! Then he had probably the best two innings of his life.
Dave
How Much Will I Need To Retire? [View article]
I am a legend in my own mind!
Dave
Frontier Communications - A Light At The End Of The Tunnel [View article]
Having my cousin Frank play for and coach for the Yankees, I have been a life long fan of the team. The neighborhood in San Francisco, where I lived produced a lot of ballplayers. They played at Funston Park (now named the Moscone Recreation Center). The Dimaggio's were North Beach kids who played there with Frank and my dad, who was signed with the Phillies, but went to WWII instead.
As a kid, we would go to Seals Stadium to see them play and when the Giants came to town, they played at Seals Stadium--and it was cool, because it was real easy to sneak into the park without paying.
The Giants were always my second favorite team and I always hated the Dodgers.
Saw Mantle and Maris play. Whitey Ford was one of my heroes and had the best pick off move to first base that you've ever seen.
The quote has been attributed to many different folks over the years, but I do know that when he was asked: What question do you get asked the most often? Mickey said: "Will you sign this?" Classic.
Dave
How Much Will I Need To Retire? [View article]
If you have saved money and invested it wisely, perhaps you are right. I'm not 70 yet, but will be in 5 years. My biggest worry is how can I squeeze a few more hours in every day so I can get more stuff done.
I don't want to die before I scratch everything off my bucket list and it's a pretty long one.
Dave
How Much Will I Need To Retire? [View article]
Interesting commentary.
I don't want to sound like I am a person without empathy, but people who say they "can't save" don't have a savings problem. They have a motivation problem.
Up until a couple of years ago, I was a smoker. At $6 a pack or $42 a week, I figured that money was better being invested than burning it. Did like you suggest with cable tv. That's $100 a month where I live and instead of watching lot of crap on tv, I spend time with my family and when they are busy, reading books. When I paid off my car loan, I decided to keep the car and start sending that payment to Schwab. Did the same when I paid off my wife's car.
It's not a "how" issue. It's a "get off your butt and get started" issue.
Dave
Frontier Communications - A Light At The End Of The Tunnel [View article]
If I knew I was going to live this long, I would have taken better care of myself.....
Dave
How Much Will I Need To Retire? [View article]
Nice article!
Dave
PS: Just a piece of advice. You can't get started investing soon enough. As my boss used to say, "Let's take it out of the talking stage and put it in the doing stage."
Frontier Communications - A Light At The End Of The Tunnel [View article]
When I was in Vietnam, the Generals used to be fond of telling the troops that there is a light at the end of the tunnel. We troops used to say, exactly that--"yeah, you might be right, but that light is attached to the front of a locomotive."
Dave
Chevron Is A Well Oiled Dividend Machine Worth Buying For The Long Haul [View article]
They are as pure as the driven snow..................
Chevron Is A Well Oiled Dividend Machine Worth Buying For The Long Haul [View article]
You don't think that double hulls are a good idea? I remember years ago that people didn't wear seat belts in cars. Kids slept on the panel by the rear window. Things change.
Chevron Is A Well Oiled Dividend Machine Worth Buying For The Long Haul [View article]
Find that on the internet did you?
Dividend Growth Investing: A Primer [View instapost]
The hyporthetical articles are great for brain challenges, but my simplicity means that I'm going to write about what is going on with my own investments.
I'm not as smart as those other guys who know how to talk that financial lingo.
Dave
Dividend Growth Investing: A Primer [View instapost]
I hope you will. If you scroll up to the avatar "Callahan" there is a line with "articles" written. You can follow any of these portfolios from the beginning article to the up to date articles.
Hope that you enjoy.
Dave
Dividend Growth Investing: A Primer [View instapost]
One of the things that I've discovered over the years is that when the market hates a particular stock (and the reasons are infinite as to why it's hated), but you look at the numbers and you have to say "Are you kidding me?"
When BAC dropped to $4.00 a share, when WFC and JPM were crushed by the recession and mortgage meltdown, prudence said, let's just wait a while and see how this all plays out. All three banks have had a very nice run for those who took the plunge when others were turning their backs on these banks. I bought all three and thank you very much, with JPM and WFC I am getting a nice dividend (with recent increases) and with BAC I have a stock that is priced at $13 a share from the $7 I bought in at.
These are not, right now, DG stocks from a traditional sense, but they are growth plays.
Same with GE when it was $14 a share. INTC at $15. MSFT under $26.
Opportunity abounds.
Dave
My 5 Points For Managing My Retirement Investing Behavior [View article]
Some good advice.
Dave