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Joe Eqcome

 
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  • Why Muni Closed-End Funds May Not Do Well In 2015 [View article]
    Philipsonh,

    What I am trying to says is that MuniBndFnds will likely go down from the level of number 1 (2014) to too some level of "fund type strategies" in 2015 that is below that number.

    That all.

    Best,
    Joe Eqcome
    Jan 25, 2015. 08:16 PM | Likes Like |Link to Comment
  • Why Muni Closed-End Funds May Not Do Well In 2015 [View article]
    Scooter-Pop,

    In my analysis, the 5 High-Leveraged bond holdings that are “not rated” as a percentage of the portfolios are 13.6% versus 5 Low-Leveraged bonds at 3.5%. This is the reason that bond yields (coupons) of High vs Low leverage is 2.2% (High: 5.2% to Lower: 3.0%).

    I don’t read M*

    Bests,
    Joe Eqcome
    Jan 25, 2015. 05:25 PM | 1 Like Like |Link to Comment
  • Why Muni Closed-End Funds May Not Do Well In 2015 [View article]
    1401_Invest,

    Yes, you and buy income and report capital gains to your heirs (free of taxes).

    However, capital gains may be “tax” from the beneficiary to heirs by Obama's 2015 State of the Union messaged. While republicans can still oppose it, this is a message that can be heard “loud and clear” by the masses.

    I don’t agree with a “Death Tax”.

    Best,
    Joe Eqcome
    Jan 25, 2015. 05:03 PM | Likes Like |Link to Comment
  • Why Muni Closed-End Funds May Not Do Well In 2015 [View article]
    wkirk500

    I have included national funds and state funds in this analysis.

    "3 of the 5 High-Leveraged funds are state municipal funds whereas the Low-Leverage funds only have 1.

    However, the two High-Leveraged funds that are national have an average 5.1% coupon while the 4 national Low-Leveraged funds have an average 2.8% coupon."

    This is likely the level of "not rated" municipal bonds for funds in the High vs Low leverage.

    Best,
    Joe Eqcome
    Jan 24, 2015. 03:29 PM | 1 Like Like |Link to Comment
  • Why Muni Closed-End Funds May Not Do Well In 2015 [View article]
    Dear fxdudeinmia,

    What I am trying to says is that MuniBndFnds will likely go down from the level of number 1 (2014) to too some level of "fund type strategies" in 2015 that is below that number.

    The fact that you have MuniBndFnds makes it no different.

    There is only 13% of the economy that is in U.S. imports. The Fed Reserve will raise interest rates so U.S. can get Eurozone's economy to be competitive.

    Jeff Gundlach says that interest rates may go down to 1.0%. Maybe he is right?

    However, he's like "Dr Doom", Henry Kaufman (Salomon Brothers). Kaufman got it right, until he got it wrong.

    Best,
    Joe Eqcome
    Jan 24, 2015. 03:07 PM | Likes Like |Link to Comment
  • Closed-End Funds Strategies For 2014 And 2015: CEFs For Buying And Selling [View article]
    GetRealHere,

    There are $19.4 billion that left PIMCO because of Bill Gross departure. The December pullback suggests the Newport Beach, Calif., firm isn’t yet clear of the investor flight triggered by months of internal strife and the departure of its co-founder at the end of September.

    So, if you like PIMCO, then where is Bill Gross? For the full year, the Total Return fund gained 4.69% compared with 5.97% for the Barclays U.S. Aggregate index.

    My system is inherently basis. The CEF's losses for the year preceded is the gains that will likely be realize in the common year.

    Smoke that in your pipe.

    Joe Eqcome
    Jan 20, 2015. 02:46 PM | Likes Like |Link to Comment
  • Closed-End Funds Strategies For 2014 And 2015: CEFs For Buying And Selling [View article]
    Papaone,

    If interest rates are going up in the mid-year, then the cap rates (yield on which real estate is based) will likely go down. However, that is if interest rates are going up mean-fully.

    RQI has 25.1% in leverage and RIT has about 19.4% in leverage. Both REIT has leveraged on their balance sheet and this will add to there leverage. This will likely drag on earnings and dividends.

    If interest rates stay the same, then I would stay with the investments.

    Joe Eqcome
    Jan 20, 2015. 02:31 PM | Likes Like |Link to Comment
  • Closed-End Funds Strategies For 2014 And 2015: CEFs For Buying And Selling [View article]
    Papaone,

    While a rise in interest rates may not have an impact of FFO, the stock market may have an impact with regards to prices.

    With regards to you other comment, I'm not sure that you mean by "today news regarding the funds". If you could be more specific.

    Best,
    Joe Eqcome
    Jan 16, 2015. 10:35 AM | Likes Like |Link to Comment
  • Closed-End Funds Strategies For 2014 And 2015: CEFs For Buying And Selling [View article]
    W.Kirk,

    Thank you!

    Best,
    Joe Eqcome
    Jan 15, 2015. 09:53 AM | Likes Like |Link to Comment
  • Be Very Very Quiet: I'm Hunting Earnings [View article]
    David at Imperial Beach,

    I believe you are right to focus on the prospective news accompanying guidance for the future.

    Thanks.

    Joe Eqcome
    Jul 26, 2014. 11:52 AM | Likes Like |Link to Comment
  • Be Very Very Quiet: I'm Hunting Earnings [View article]
    Michael Allison,

    Yes, the earnings report beat 78% of analysts projections.

    So, there is a conservative projections that companies can beat--and the analysts don't want to go over the earnings because so many of there stocks have buy ratings.

    Joe Eqcome
    Jul 26, 2014. 11:46 AM | Likes Like |Link to Comment
  • Retirement Income: An Attractive Yield May Not Be Beautiful On The Inside [View article]
    davstein,

    Yes, "T" would have given you a better dividends. However, there is a capital gains for over 5 years.

    Why "T" dividends was 5.1%, the growth rates over 5 years was 4.6% for capital gains as 2.4% for dividend growth. The average Dividend Aristocrats would have given you 2.4% per dividend with a growth rate of 16.8% and a distribution rate of 8.7%.

    I you don't have time to wait 3-5 years for the for a recovery period, and while you in your high 70's, you'll may make "T" a better choice for your dividends.

    Best,
    Joe Eqcome
    Jun 3, 2014. 01:57 PM | Likes Like |Link to Comment
  • Cornerstone Progressive Return Fund Rights Offering Is A Fool's Game [View article]
    Lampshade2,

    I am not familiar with your country.

    The U.S. has various "treaty" in foreign country that do not tax your dividend--maybe the Netherlands.

    However, I would revised the "treaties" that would apply to your dividends in each country.

    Best,
    Joe Eqcome
    May 23, 2014. 01:44 PM | Likes Like |Link to Comment
  • Cornerstone Progressive Return Fund Rights Offering Is A Fool's Game [View article]
    Franklin,

    Why would you just spend the distribution? You are taking shares that are originally a discount (NAV) to the price? If the right offering isn't in 2015, 2016 and beyond, your premium (price/NAV) would go down to a discount.

    Best,
    Joe Eqcome
    May 8, 2014. 09:43 PM | Likes Like |Link to Comment
  • Cornerstone Progressive Return Fund Rights Offering Is A Fool's Game [View article]
    Kgreniger,

    As an investor, you are permitted to buy and sell shares of the same stock whenever you want, including within a 30-day period.

    However, when it comes time to file your income taxes, buying and selling the same stock within a 30-day period may trigger wash sale rules, which can affect how much you can deduct for your losses on your income taxes.

    However, if you don't have losses, you're not an investors.

    Best,
    Joe Eqcome
    May 5, 2014. 04:06 PM | 1 Like Like |Link to Comment
COMMENTS STATS
613 Comments
456 Likes