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Don Joe

 
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  • Microsoft Provides Blue Chip Value And Yield [View article]
    Thanks for the comment. The source of those statements is below:
    http://bit.ly/WUgCIi
    http://bit.ly/14AdzaH
    The alexa.com numbers have changed slightly since the time of my writing. Alexa ranks websites by web traffic. The comScore report ranks search engine market share by number of searches. Not all those 10 companies ahead of Bing in terms of webtraffic are search engines. Craigslist is not a search engine. Ebay is not a search engine. Neither of these sites show up in the comScore rankings for that reason, however, they accumulate more web traffic than Bing so they are ahead in the alexa.com raknings. For further reference, here are the top ranked sites in the US according to Alexa. http://bit.ly/WUgB6Z
    Feb 4 12:53 PM | Likes Like |Link to Comment
  • Gold Might Be A Good Trade, But It's A Poor Investment [View article]
    http://seekingalpha.co...
    Additional Charts that might be useful to those interested in gold or forex.
    Aug 20 09:37 PM | Likes Like |Link to Comment
  • Gold Might Be A Good Trade, But It's A Poor Investment [View article]
    Sea Monkey here,
    That's a very unfortunate view of the financial landscape you have there. Thank you for telling me what I really meant when I wrote this article.
    If you wish you buy gold, you are welcome to do so. I wish you the best of luck with your purchases. What I was trying to do was differentiate between a trade or short term bet on gold prices and buying and holding. Remember, the NASDAQ rose another 300% after talk about a stock bubble began and it has not reached the tech bubble high since, over a decade later.
    It took over 25 years, a quarter century, for gold to surpass the 1980 peak in nominal terms and it still hasn't in real terms. This is why I urge caution when it comes to buying highly valued and publicly talked about assets. For those of us with long time horizons, it can be tremendously damaging to our returns.
    Also, for the record, the last time Apple paid a dividend was August 9th.
    Give Hayek and Mises my regards and thanks for reading.
    Aug 20 08:06 PM | 2 Likes Like |Link to Comment
  • Buy Eaton While It's Still Cheap [View article]
    I really like the value this company provides. Yields more than a 30 year treasury with a long standing record of healthy and stable dividend growth. Cheap by almost any metric, including many not shown in this article. Margins are healthy and the business is well diversified both geographically and with their product line.

    Their balance sheet is strong and their credit rating is excellent. In fact, their recent issuance of 9 and 11 year bonds pay less in interest than their dividend yield! (~3.6%) When your cost of capital is that low and your able to acquire profitable businesses which you can integrate in to yours and add value, the future is bright.
    (Disclosure: I recently took a long position in ETN)
    Jul 18 08:34 AM | Likes Like |Link to Comment
  • IDRs Can Threaten Your MLP Returns [View article]
    There are examples on both sides where MLPs, regardless of whether they pay IDRs, have excelled or lagged their peers. The important thing is that investors understand what IDRs are and how they can affect their investments. It is an essential part of making informed investment decisions in the MLP sector.
    Apr 30 12:59 AM | 1 Like Like |Link to Comment
  • Equities May Be The Best Way To Get Long Exposure To Nat Gas [View article]
    This depends on what you expect the spot price to be at expiration of the various contracts. You can tell what the market is implying the spot price will be at expiration by subtracting the cost of storage until delivery. Whether you agree with the market, is up to you. Unless you think you have a good way to predict spot prices over time and see a specific opportunity, I would stick with the long dated contracts.
    Apr 26 11:02 AM | 1 Like Like |Link to Comment
  • Equities May Be The Best Way To Get Long Exposure To Nat Gas [View article]
    It appears I've failed to keep up on the news about the Kitimat project. Thank you for pointing that out. To clarify, it IS expected to begin making shipments in 2015 with an initial capacity of 5 mmtpa and a possible expansion to 10 mmtpa capacity. To answer your previous question about why Cheniere seems to get more media coverage than Kitimat, perhaps it is because Cheniere is a turn around story about a failing LNG import company with a beat up stock price while Kitimat is a joint project which is more difficult to get direct concentrated exposure to. I'm sure Cheniere's proximity to the heart of Americas natural gas pipeline network and ability to purchase gas at Henry Hub prices doesn't hurt either.
    You may find this helpful when comparing the relative capacities of the two projects: http://goo.gl/ErwHM
    "As currently contemplated, the liquefaction project would be designed and permitted for up to four modular LNG trains, each with a peak processing capacity of up to approximately 0.7 Bcf/d of natural gas and an average liquefaction capacity of approximately 3.5 million tons per annum ('mtpa')."
    Apr 24 08:46 PM | 3 Likes Like |Link to Comment
  • Equities May Be The Best Way To Get Long Exposure To Nat Gas [View article]
    In response to the Kitimat facility, as far as I know, terms have not been agreed upon and finalized yet. Also, the facility isn't expected to begin operations until 2020. The Cheniere facility is expected to begin operations in 2015.
    Apr 24 02:47 PM | 1 Like Like |Link to Comment
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