Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
I have no doubt that a country as large as China would have huge reserves of shale gas. It will take a minimum of 5 years to be able to exploit it since they don't have the rigs and pipelines presently. Just look at the amount capital expended in pipelines in the US to exploit this... China is just beginning. The US still has some of the finds being held up because of the lack of infrastructure.
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
10k10q The puts will be turned into stock holdings by the 19th if the price of the company does not rise above 13. The US has abundant natural gas, but China and the rest of the emerging economies do not. It will be 10 - 20 years before China ramps up drilling for natural gas. The equipment is just not there and it will be years before it is.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Chowder; You have a plan that has generated an excellent return. I also appreciate your disciplined approach to dropping a company from your list. Good job. I am sure others who read your post can learn from your disciplined approach.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Mickelsson; You raise some very powerful points on avoiding ETR. I already conceded the point to someone else earlier that putting 25% into ETR may be too much. I am not against purchasing utility preferred stocks, I just was not inclined to put them in a utility fund. I have purchased many preferred stocks in my portfolio with the idea of keeping my eye on interest rates. (all below their call) When interest rates begin to rise, I expect to withdraw from the preferred stocks I own. I am not against using leverage, I own many mortgage REITS right now that use leverage. I think I know what they are doing and also stand poised to move out of them when interest rates begin to rise. I just raised the issue with UTG because there is no way of knowing how they are using leverage. They may use leverage well... I don't know.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Scooter-Pop; GWEFF ... The dividend just appears in my account. Like I commented earlier, it is almost impossible to get information on the company. Just look it up on Yahoo and you will see how much information is available. I want you to know that I am not recommending the company... I happened to get into because I followed some advisor 5 years ago. This is one of the few stocks that turned out well. They are not taking out any Foreign Tax so far... but who knows when that will change.
Cross Timbers Royalty Trust Offers Monthly Dividends At 9%-10%, With A Tax Advantage [View article]
If you look at the 52 week high on CRT, you will see that it got up into the 40's. I got out of the equity long before it hit $40. I have not been following it since. I see that it has now come back down to earth. I am negative on gas and oil stocks at the moment. My guess is that they have enough liquids to help raise the average price of their production... but it is only a guess. May you prosper with your investments.
Create Your Own Mutual Fund Of Regional Banks Offering Growth With A 3.7% Dividend [View article]
rmccallay, Henry Nyce may know why. There are several reasons... 1. I like to purchase in 100 share lots 2. It costs me the same with my broker to buy 100 or 200 shares. It costs me $1.00 to buy 200 shares. 3. Even share lots allow me to write puts to purchase and/or write covered calls. 4. The size of my portfolio allows me to purchase 200 shares at a time unless i am purchasing a stock that sells for more than $200 per share. Hope this helps. PS. You can customize the number of shares to fit your own portfolio.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
AAAAmerican, You did not miss a posting EDE. Thanks for Dividend Re-investment Discount reminder ... I typically don't use them... I need cash in order to live at this point in my life. For a younger investor... it is a good opportunity. Thanks for your comment.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
kangkim15, Why don't you share with us the ETF you would buy and the amount of margin you would use to cover fees. However, you must remember that margin can not be used in an IRA. So it would be limited to personal accounts.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Chowder, Thanks for your comment. I also have misgivings about UTG. You can read it in my reply to Mickelsson. Perhaps you would like to share with us your personal utility fund...
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
Just look at the amount capital expended in pipelines in the US to exploit this... China is just beginning. The US still has some of the finds being held up because of the lack of infrastructure.
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
The puts will be turned into stock holdings by the 19th if the price of the company does not rise above 13.
The US has abundant natural gas, but China and the rest of the emerging economies do not. It will be 10 - 20 years before China ramps up drilling for natural gas. The equipment is just not there and it will be years before it is.
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
Just as with any investment, one must consider risk and rewards.
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
thanks for commenting.
Yanzhou Coal Mining Ltd: Definitely Not A Gold Mine, But Offering Solid Returns In The Future [View article]
I feel reasonably sure you will profit again from your investment.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
You have a plan that has generated an excellent return. I also appreciate your disciplined approach to dropping a company from your list.
Good job.
I am sure others who read your post can learn from your disciplined approach.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
You raise some very powerful points on avoiding ETR. I already conceded the point to someone else earlier that putting 25% into ETR may be too much.
I am not against purchasing utility preferred stocks, I just was not inclined to put them in a utility fund. I have purchased many preferred stocks in my portfolio with the idea of keeping my eye on interest rates. (all below their call) When interest rates begin to rise, I expect to withdraw from the preferred stocks I own.
I am not against using leverage, I own many mortgage REITS right now that use leverage. I think I know what they are doing and also stand poised to move out of them when interest rates begin to rise. I just raised the issue with UTG because there is no way of knowing how they are using leverage. They may use leverage well... I don't know.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
GWEFF ... The dividend just appears in my account. Like I commented earlier, it is almost impossible to get information on the company. Just look it up on Yahoo and you will see how much information is available.
I want you to know that I am not recommending the company... I happened to get into because I followed some advisor 5 years ago. This is one of the few stocks that turned out well.
They are not taking out any Foreign Tax so far... but who knows when that will change.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Good timing.
Keep up the good work.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Thanks, it is great to see that others agree with my priorities.
Cross Timbers Royalty Trust Offers Monthly Dividends At 9%-10%, With A Tax Advantage [View article]
I am negative on gas and oil stocks at the moment.
My guess is that they have enough liquids to help raise the average price of their production... but it is only a guess.
May you prosper with your investments.
Create Your Own Mutual Fund Of Regional Banks Offering Growth With A 3.7% Dividend [View article]
Henry Nyce may know why.
There are several reasons...
1. I like to purchase in 100 share lots
2. It costs me the same with my broker to buy 100 or 200 shares. It costs me $1.00 to buy 200 shares.
3. Even share lots allow me to write puts to purchase and/or write covered calls.
4. The size of my portfolio allows me to purchase 200 shares at a time unless i am purchasing a stock that sells for more than $200 per share.
Hope this helps.
PS. You can customize the number of shares to fit your own portfolio.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
You did not miss a posting EDE.
Thanks for Dividend Re-investment Discount reminder ... I typically don't use them... I need cash in order to live at this point in my life.
For a younger investor... it is a good opportunity.
Thanks for your comment.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Why don't you share with us the ETF you would buy and the amount of margin you would use to cover fees.
However, you must remember that margin can not be used in an IRA. So it would be limited to personal accounts.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Thanks for your comment. I also have misgivings about UTG.
You can read it in my reply to Mickelsson.
Perhaps you would like to share with us your personal utility fund...