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Doug Carey

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  • Back to the Overconsumption Future [View article]
    What a great article. You just summarized so many things I have been telling people over the past year, especially with regards to the savings rate. This is where a lot of people who predicted negative GDP growth for 2010 got it wrong. They assumed the savings rate would go to 10% and stay there. They were way off on that idea. I also completely agree with you that it will take another downturn for consumers to deleverage again.
    Feb 2 03:32 PM | 7 Likes Like |Link to Comment
  • Dividend Investing: Make Sure Free Cash Flow, Not Debt Issuance, Backstops Your Investment [View article]
    Nice article and great point about dividends and how they should come from free cash flows and not debt. This is exactly why I do not include any companies with a debt to equity over 70 in my portfolio. In fact, I have very few with a debt to equity above 20.
    Feb 2 09:47 AM | 6 Likes Like |Link to Comment
  • Intel: A High Dividend Yield Stock for Your Core Portfolio [View article]
    Let's just look at the past five years. EPS for Intel grew by 7.9% annually. Dividends grew by 14.5% annually. How did dividends grow by more than EPS? There are at least two ways this can happen: 1) The payout ratio increases and 2) The company diverts spending from other projects, R&D, acquisitions, etc. That is part of becoming a slower growth, value company. Revenue that once went towards investments and not dividends and now diverted towards dividends.
    Jan 31 04:54 PM | 6 Likes Like |Link to Comment
  • Obama's Clean Energy Challenge [View article]
    "Question No. 1: Is this a good idea?
    On balance, most people think so"

    Really? I doubt most people think we need more government subsidies and handouts to private corporations.
    Jan 28 09:58 PM | 5 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    You folks are simply confusing the programs. It's understandable given the nature of these bailouts and how quickly and sloppily they were implemented.
    blogs.reuters.com/fina.../
    Jan 27 12:14 PM | 5 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    Yes, last year. That is because GE Capital took a nosedive. Before 2008 GE Capital made up more than 50% of profits. Read the article carefully before commenting. I never said GE Capital made up 50% of profits after they crashed.
    Jan 27 11:38 AM | 6 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    YES.
    Jan 27 11:34 AM | 5 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    If I had a short to disclose, I would have disclosed it. Do you accuse people of such things daily?
    Jan 27 09:43 AM | 9 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    Yes, it did receive TARP funds.
    www.washingtonpost.com...
    Jan 27 09:41 AM | 9 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    It's a matter of degree. GE should be bankrupt right now.
    Jan 27 09:40 AM | 12 Likes Like |Link to Comment
  • GE: Everything That's Wrong With Capitalism in America Right Now [View article]
    Wrong. They did receive TARP funds. www.washingtonpost.com...
    Jan 27 09:40 AM | 13 Likes Like |Link to Comment
  • The USA Is Not Europe [View article]
    "Arguments that say otherwise are divisive and purely politically driven." That is flat out wrong. This has nothing to do with politics for most of us. This has to do with moral hazard as well as principles. California taking from Indiana or Colorado is pure theft. It also invites reckless spending. You also didn't mention the pension issues, which are mostly off balance sheet.
    Jan 24 10:08 AM | 4 Likes Like |Link to Comment
  • The End of America? Not Quite [View article]
    Tim- You are missing one very serious problem when you talk about wages keeping up with the devalued dollar. Whoever gets the printed money first makes out like a bandit. Therefore somebody has to lose and somebody is being stolen from. The banks get the money first, therefore they win. The folks who are on a fixed income lose. They are stolen from. Their wealth is transferred to the banks via Fed printing and fractional reserve lending.

    Also, real disposable income has gone up, but the MEDIAN real income has barely moved for over 10 years. Why is that? Because the banking sector has made huge profits while the middle class has gone nowhere. The finance sector in general used to be 5% of overall corporate profits. Now it is 30%. They have made the money. The middle class is getting wiped out by the oligarchs in the banking sector combined with the Federal Reserve printing money. I really think you're way off base with this article.
    Jan 23 12:34 PM | 10 Likes Like |Link to Comment
  • Just One Stock: The High Yielder Central to Waste Industry Transformation [View article]
    I really wanted to add WM to my list of solid dividend stocks, but their debt levels are just too high. Debt to equity is 147%. They need to cut this in half before I am interested.
    Jan 22 03:45 PM | 3 Likes Like |Link to Comment
  • A Disciplined Approach to Weighting High-Dividend Yield Stocks [View article]
    Yes, announcements of negative news are priced in immediately. But small increases in debt or a very slow decreases in the growth rate of dividends over time are not always priced in as they happen since they can either a)go nearly unnoticed or b)the market is looking only at short-run results. Also, when growth stocks are flying high and dividend stocks are out of favor, the weighting items I mentioned are practically ignored by most investors completely. But this is about long-term investing and staying disciplined.
    Jan 19 10:03 AM | Likes Like |Link to Comment
COMMENTS STATS
319 Comments
523 Likes