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Joe Eqcome

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  • Retirement Portfolios May Not Be The Whole Answer [View article]
    DG Ruralist,

    Stocks of the “Dividend Portfolio” were already allocated along with distributions. The initial portfolio manager was not an issue.

    What I was trying to do is compare it to the cyclical trough (9/09 and 10/11).

    When I looked at the “Sept 2009 trough” the Portfolio clearly posted a winner and outpaced SDY by large cumulative margin (146% by 106%, respective.) However, much of the gained was with KFN (1,155% gain and a weight gain of 46%).

    On the “October 2011 trough”, the weighted Portfolio gain was 18.6% and SDY was 30.7%.

    If you were to take the distributions of 1.5% (Portfolio’s 5.0% less SDY’s 3.5% = 1.5%) for two year’s (1.5% X 2 = 3.0%) and subtract it from the SDY less the two year portfolio and then subtracting it by the Portfolio (30.7% - 3.0% = 27.7% - 18.6% = 9.1%) you would have gained a 9.1% by investing in SDY.

    Capital gains are the same thing as dividend income because capital gains (long-term) and income are 15% (less than $400,000 a year ($450,000 if married).

    Dividend rates for O and NLY are “pass though” and get tax at a high rate.

    Joe Eqcome
    Jul 25 05:46 PM | Likes Like |Link to Comment
  • CEF Weekly Review: First Trust Energy Infra Fund [View article]
    Edit of Perish

    The PrcNAVSprd has a week to week value. This is why "PDI" had a negative value.

    Your statistics may make sense for a 52 weeks.

    However, the annual expense ratio of 2.87% is a little steep.

    Joe Eqcome
    Jul 15 12:28 PM | Likes Like |Link to Comment
  • Why Is Cornerstone Progressive Return Fund So Attractive? [View article]
    notaexpert

    5 years after (2009), the stock price has careered around 9.4% annually and the NAV per share has declined by 6.2% annually.

    Yes, this is "risk" money.

    But I'm affair that the many investors (income investors) don't know that.

    Joe Eqcome
    Jul 15 11:58 AM | Likes Like |Link to Comment
  • CEF Weekly Review: Gabelli Convertible & Income Fund [View article]
    Sting71,

    That's the stock markets!

    Joe Eqocme
    Jul 11 12:40 PM | Likes Like |Link to Comment
  • CEF Weekly Review: Gabelli Convertible & Income Fund [View article]
    Sting71,

    You must be quite prescient to have had a $9.88 price on 11/15/12. That was the low of the day! And low of any year-to-date.

    My argument is that it may go down--don't know, but it is likely.

    I have written of the stock as it was $12.95 per shares and above. http://seekingalpha.co...

    So, that's my case in point.

    Joe Eqcome
    Jul 10 04:58 PM | Likes Like |Link to Comment
  • CEF Weekly Review: Gabelli Convertible & Income Fund [View article]
    Sting71

    Yes, you can invested in anything you would like too. I've been wrong on this security's distributions, but not wrong on the share price.

    You might wanted to think as a 46% premium that is a "long way" from the HiYldBndFnds that yield a discount -2.5%.

    Just food for thought?

    Joe Eqcome
    Jul 8 06:03 PM | Likes Like |Link to Comment
  • CEF Weekly Review: Gabelli Convertible & Income Fund [View article]
    Sting71

    They haven't reduced the distribution.

    The premium is 46.1% of the assets value (NAV). Would you have a stock that was laboring of 46% of your cost?

    Maybe, yes, if its Bill Gross.

    Joe Eqcome
    Jul 8 12:54 PM | Likes Like |Link to Comment
  • CEF Weekly Review: Cornerstone Progressive Return Fund [View article]
    ReaperLynx

    CFP is suspending its Rights Offering until further notice due to the Fund's net asset value having declined more than 10% from $4.74 on May 17, 2013 (the effective date of the Fund's registration statement) to $4.24 on June 21, 2013. All subscriptions and payments received by the Fund will be returned to subscribing shareholders.

    (12:42p ET June 24, 2013 (Market Wire))

    Joe Eqcome
    Jun 24 01:12 PM | Likes Like |Link to Comment
  • CEF Weekly Review: 'Junk' Bonds Debacle For CEF [View article]
    Alan Young,

    There may be a panic of REITs and well as junk bonds. The issues is that inflations is also a function of rental income and it is not a of junk bonds.

    The impact of junk bonds to NAV is the lower of negative PrcNAVSprds to REITs. That is the reason I've focused on HiYldBndFnds.

    Joe Eqcome
    Jun 2 08:42 PM | 1 Like Like |Link to Comment
  • CEF Weekly Review: Aberdeen Indonesia Fund [View article]
    John Love Pousse,

    If you would elaborate on "worst advice ever", then we can have an argument about what you see going on in the debt markets.

    It seems to me the bond markets are have a yield increase over the week: 2.01% on 10 Yrs versus 1.949%; 3.92% on 30 year mortgages vs 3.76%.

    It just seems to me that your "worst advice" is not presence with the facts.

    Please give me more.

    Joe Eqcome
    May 28 09:52 AM | Likes Like |Link to Comment
  • S&P 500 Risk Matrix Indicator: What Is The Real Equity Risk? [View article]
    Your number is the Top/Down number. My number is the Bottom/Up number.

    http://bit.ly/waHMp7--
    Apr 25 01:32 PM | Likes Like |Link to Comment
  • S&P 500 Risk Matrix Indicator: What Is The Real Equity Risk? [View article]
    The S&P earnings for 2012 was $98.83. It was $111.14E for 2013, and $124.73E for 2014--Bottom/Up.

    Base on 2013 earnings it is for the S&P Index 1711.

    Joe Eqcome
    Apr 25 11:51 AM | Likes Like |Link to Comment
  • CEF Weekly Review: BlackRock MuniAssets Fund [View article]
    HC

    Maybe in was the Auction-rate cumulative preferred share which was limited to default debt and the muni terms and other issues that was to replace it.

    What's your guess?

    Joe Eqcome
    Mar 18 02:10 PM | Likes Like |Link to Comment
  • CEF Weekly Review: H&Q Health Care Investors [View article]
    Erratum:

    Highest Focus Stock for the Week:

    "The yield is 7.7%. Its discount is 6.1% for an average discount of 5.9% for the 52 week period. There was a slew of selling on Wednesday (284,200) and Thursday and Friday (129,500 and 179,000, respectively). Average is 38.6%".

    This should have removed.

    It was the "Lowest Spread and Focus Stock for the Week:"

    Sorry.

    Joe
    Mar 12 12:46 PM | Likes Like |Link to Comment
  • CEF Weekly Review: H&Q Health Care Investors [View article]
    pound puppy

    Since ROC is a "return on your capital" is doesn't make any sense for your IRA--for both Roth or normal IRA. You must deducted the return of capital you've receive from your holdings basis (share price less return of capital) to calculate gains.

    However, in real estate the value of the depreciations (upon the net value) may not extinguished your values at time of your holdings. The value of income properties may typical goes up.

    The distributions is usual above net earnings and value may be cash flow beyond the net income.

    For example, the net holding of your properties was $1,000,000 on your net assets 10 years ago. So, you be depreciating it for 25 years and the 10 years that you have been holding was $600,000 on your books (20 years).

    However, the $1,000,000 has been appreciation for 10 years and in reality it is worth $1,250,000. The depreciation deduction would be a great as the property value and the cash flow is net income plus more that the depreciation.

    Joe Eqcome
    Mar 11 08:23 PM | Likes Like |Link to Comment
COMMENTS STATS
594 Comments
445 Likes