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David Zanoni  

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  • Is This Time Really Different? [View article]
    What is an investor to do? Simply, ignore all of the ambiguity and dollar cost average into an appropriate mix of equities and bonds according to one's age or years until retirement. There will be future recessions and there will also be times of economic prosperity. By dollar-cost averaging, investors can sleep well at night knowing that when the stock market is falling, they are buying at bargain prices and when the market is booming, they are making money. Ultimately, this is a proven strategy for wealth building over decades. This time is not different in that respect.
    Dec 14, 2014. 02:33 PM | 3 Likes Like |Link to Comment
  • Aqua America: Steady Dividends With An Economic Moat Of Safety [View article]
    Thank you for clarifying IZZKUBE.
    Dec 13, 2014. 04:54 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]

    I'm not sweating this minor sell-off one bit. I'll continue to dollar-cost average into equities like I've been doing and I will do well over the long-term. Did you ever read the Millionaire Next Door? Many people who have accumulated over $1million in assets have done so by consistently investing on a regular basis in equities over decades. I never heard of anyone accomplishing the same thing with gold.

    I don't see anything wrong with owning some gold as a hedge, but I just don't buy your 'day of reckoning' view of things.
    Dec 13, 2014. 03:53 PM | Likes Like |Link to Comment
  • Update: Cubist Pharmaceuticals Is Acquired By Merck, Gains Remain For Investors [View article]

    Thank you for your input. I'm not interested in looking at this from Merck's perspective, only from a Cubist investor's perspective. CBST is still trading below its takeout price, so value still exists for shareholders or for those who want to make a trade prior to the acquisition completion. As for Dapto, it didn't even start Phase III yet, so it will take a while to get to market.
    Dec 12, 2014. 09:15 AM | 1 Like Like |Link to Comment
  • Aqua America: Steady Dividends With An Economic Moat Of Safety [View article]

    WTR will probably always be valued a bit higher than the average stock due to the low risk associated with the business. With that in mind, I would suggest participating in the DRIP (dividend reinvestment program), where you can purchase the stock at a 5% discount. Here's a link to their website:
    Dec 11, 2014. 07:44 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]

    Just because you don't agree with the article's thesis, doesn't make it a bad article. I stand by the article and the thesis.
    Dec 10, 2014. 08:10 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]
    The government adding debt isn't the only way to produce growth. Growth is also formed in the private sector. With the economy improving, the private sector is growing. GDP is likely to hit 3% annual growth in 2015.

    I also think that we are in the midst of a multiple year economic expansion, which is good for stocks and not for gold. You can spin your negative webs any way you want, but the economy is improving and it has legs.
    Dec 10, 2014. 08:08 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]

    The comment was probably deleted because of expressed or implied vulgarity. Respond professionally and tactfully the way skeptical investor does.
    Dec 8, 2014. 08:31 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]

    What you said there makes sense, but gold is still being mined. What if a large unexpected deposit of gold is discovered. Then, there could be an increase in supply.
    Dec 7, 2014. 08:45 PM | Likes Like |Link to Comment
  • Outlook For Gold [View article]
    I don't think that the price of oil will reach a level that is devastating to the U.S. energy industry. There will probably be weakness in the oil and fracking industry, but not a crisis. I think that the benefit of lower oil will have a larger beneficial impact on consumers with respect to the economy.
    Dec 6, 2014. 11:41 AM | 1 Like Like |Link to Comment
  • Outlook For Gold [View article]
    Skeptical Investor,

    Your statement that the main reason that stocks have risen as a result of companies buying back stock is not completely accurate. It was also due to increases in revenue and earnings/operating cash flow. To say that it was only due to buybacks is just not right.

    There will always be threatening situations - we had the cold war in the 80s, but gold fell and the stock market marched on. I think we are seeing a similar situation right now.
    Dec 6, 2014. 11:16 AM | Likes Like |Link to Comment
  • Outlook For Gold [View article]
    I just don't buy the doom and gloom perspective right now. The doom and gloomers have been saying the same thing since 2008. Meanwhile, equities have been climbing that wall of worry since March 2009.
    Dec 6, 2014. 10:53 AM | 3 Likes Like |Link to Comment
  • Outlook For Gold [View article]
    If the price of gold continues its decline, then the miners won't look so great either. It would be better to invest in companies who are showing strength in the price of their products, rather than weakness.
    Dec 6, 2014. 10:50 AM | Likes Like |Link to Comment
  • Outlook For Gold [View article]

    The longer the Fed postpones raising rates, the less desirable gold looks IMO. I'm just saying that the Fed typically starts raising rates when the economy reaches 3% annual GDP growth.
    Dec 6, 2014. 10:38 AM | Likes Like |Link to Comment
  • AMAG Pharmaceuticals: Biotech At A Turning Point [View article]
    We can only look at how the current FDA approved drugs are selling. With that in mind, the stock does have some risk to it looking many years out. We don't know what will happen beyond 2018 - there could be acquisitions.

    However, revenue is expected to more than triple next year with earnings increasing significantly from negative to positive. The stock is only trading at 8X next year's expected earnings (a discount to the market and the biotech industry). That's how you value it. But, it depends on how long your time horizon is.
    Dec 4, 2014. 08:27 PM | 1 Like Like |Link to Comment