High Yield Bond ETF: If We Avoid a Full-Blown Depression, It's a Steal [View article]
Nice piece and it does look good on paper. My one concern is if you look at the top 10 holdings, none of them offer yields that are as high as 12% and few even come close (www.etfconnect.com/sel...). Which leads me to wonder how the yield is so high? What 'real' junk are they holding to get the yield that high?
Less Is More: Why I Prefer Low Yield Stocks [View article]
There was no Philip Morris at year-end 2007 - it was part of Altria until March of 2008 when it was spun off into its own stock. I believe the chart of Altria is adjusted for the spin off or some other event - I distinctly remember shares in the $70-$80 range at that time. The numbers in that chart are for 12/31/2007.
Before calling out others for their lack of fact checking, please make sure you are reading correctly.
Five Reasons Citi's Worth the Long Risk [View article]
Barry,
You completely ignore the possibility the government will nationalize Citi wiping out all shareholder equity in the process. I think that alone makes buying Citi an extremely risky proposition.
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
With all due respect giorgiolb,
Larry Swedroe manages $4.5B directly, is responsible for strategy on another $14.5B, has authored 12 books on finance, been profiled in the NY Times, and has beaten benchmarks on a properly risk-adjusted basis for 20 years. He's widely respected in finance circles. Why should he care what you think? You are not a well-known entity, have no proven track record, don't manage anyone's money other than your own, and don't even bother putting your real name out there for people to see. He puts himself on the line daily with his decisions front and center. So does Dave Van Knapp and all of our other writers. They are the opposite of anonymous, putting themselves and their investment choices on the line daily in the public sphere. You should be more willing to live and let live.
I am not personally partial to any approach on the site (I think each investor needs a strategy that helps them meet their financial goals in a way that lets them sleep at night) but it 'rubs me the wrong way' when anonymous commenters troll others articles just to harass them and don't listen to their replies in good faith, or just agree to disagree and move on.
In the same way people like Dave and the rest of our excellent DG community ignored Larry W after awhile and rightfully so (he was rude and didn't listen to others replies), I don't see how you can expect authors like Swedroe to do anything different with your frequently aggressive and snarky comments when what you have is a genuine intellectual disagreement - nothing more.
Best and much success in the new year! Jonathan Liss
Roger Nusbaum Positions For 2013: Think Long Term, Invest Globally [View article]
Exactly, if you want big predictions and prognostications, you can sleep at night knowing with certainty what will happen in the future... until you wake up one morning and the predictions were dead wrong. The purpose of portfolio construction is to diversify away risk and smooth out the ride - b/c short of certain knowledge what will happen which none of us has, to need to plan for all possible eventualities.
"Although I agree that Amazon's P/E ratio is a bit much and that the company is not undervalued, I do not think it is overvalued either."
AMZN's forward PE is 74, yet you feel it's not 'overvalued'.
Apple's forward PE is 10.95, yet you feel it's in a bubble.
The forward PE of the Nasdaq 100 is currently 12.2.
Please explain the discrepancy in your logic here?
FYI, I am neither long or short Apple so I have no skin in this game. I am just trying to understand such seemingly contradictory statements from the perspective of pure logic.
The smart way to invest in natural gas is not by investing in a natural gas company, Dee Gill writes, but rather with oil giant Exxon Mobil (XOM). While some of the top nat gas firms have too much debt or look just plain expensive, XOM is now the biggest U.S. nat gas producer, debt levels and shareholder returns are attractive, and dividend yields are at least double those of other nat gas producers. [View news story]
Who cares that it's the biggest Nat. Gas producer? What percent of its total revs are derived from Nat. Gas? That's the key question and my guess is XOM is far from a NG pure play so that if gas continues to do well but oil prices come back down to earth, you wouldn't be 'playing' NG at all with XOM. Try FCG instead - it's a legit nat. gas producer pure play ETF.
Employers begin to warn workers to prepare for slimmer paychecks if Congress fails to vote on an extension of the Bush tax cuts. Congress won’t start debating the issue until after the Nov. 2 elections, and since it takes weeks to prepare withholding schedules, the IRS may need to assume the cuts will expire and direct employers to increase payroll deductions starting Jan. 1. [View news story]
What I find unacceptable isn't so much whether rates will rise or not - you can make good arguments on both sides of the policy equation - but that employers are being left in the dark until the last minute.
Right on Jim! Thanks for so eloquently rebutting George's piece. And btw, if you check the comments section, after the first few congratulatory responses, he gets appropriately panned which is once again testament to the intelligence and non-gullibility of the Seeking Alpha community, by an large.
Why Apple Should Ignore Its Shareholders [View article]
Yep, brilliant analysis - not only for Apple product lovers but for investors. I believe Apple will continue to focus on making great products - if they do the stock price will eventually bounce back. That should be their focus as a company. Ironically by ignoring creating 'shareholder value', they actually are much more likely to increase it. This longer-term view is the reason I bought more shares of the QQQ for both myself and my kids (which is heavily weighted to Apple - we can't really buy individual stocks here at SA due to the obvious conflicts of interest that could create) when Apple fell below $500 - we don't need the money anytime soon. It's always better to buy low ;-)
High Yield Bond ETF: If We Avoid a Full-Blown Depression, It's a Steal [View article]
Less Is More: Why I Prefer Low Yield Stocks [View article]
Before calling out others for their lack of fact checking, please make sure you are reading correctly.
Five Reasons Citi's Worth the Long Risk [View article]
You completely ignore the possibility the government will nationalize Citi wiping out all shareholder equity in the process. I think that alone makes buying Citi an extremely risky proposition.
Best,
Jon
ETFConnect Is No More [View article]
Wednesday Outlook: Big Brother's House [View article]
'Buy High Sell Higher' - A Review Of Joe Terranova's Cutting-Edge New Book And His 2012 Outlook [View article]
When Bloggers Uncover Ponzis [View article]
Dave Van Knapp Positions For 2013: Tuning Out Market 'Noise' With Dividend Growth Investing [View article]
Larry Swedroe manages $4.5B directly, is responsible for strategy on another $14.5B, has authored 12 books on finance, been profiled in the NY Times, and has beaten benchmarks on a properly risk-adjusted basis for 20 years. He's widely respected in finance circles. Why should he care what you think? You are not a well-known entity, have no proven track record, don't manage anyone's money other than your own, and don't even bother putting your real name out there for people to see. He puts himself on the line daily with his decisions front and center. So does Dave Van Knapp and all of our other writers. They are the opposite of anonymous, putting themselves and their investment choices on the line daily in the public sphere. You should be more willing to live and let live.
I am not personally partial to any approach on the site (I think each investor needs a strategy that helps them meet their financial goals in a way that lets them sleep at night) but it 'rubs me the wrong way' when anonymous commenters troll others articles just to harass them and don't listen to their replies in good faith, or just agree to disagree and move on.
In the same way people like Dave and the rest of our excellent DG community ignored Larry W after awhile and rightfully so (he was rude and didn't listen to others replies), I don't see how you can expect authors like Swedroe to do anything different with your frequently aggressive and snarky comments when what you have is a genuine intellectual disagreement - nothing more.
Best and much success in the new year!
Jonathan Liss
Roger Nusbaum Positions For 2013: Think Long Term, Invest Globally [View article]
Is The Apple Bubble Popping? [View article]
AMZN's forward PE is 74, yet you feel it's not 'overvalued'.
Apple's forward PE is 10.95, yet you feel it's in a bubble.
The forward PE of the Nasdaq 100 is currently 12.2.
Please explain the discrepancy in your logic here?
FYI, I am neither long or short Apple so I have no skin in this game. I am just trying to understand such seemingly contradictory statements from the perspective of pure logic.
The smart way to invest in natural gas is not by investing in a natural gas company, Dee Gill writes, but rather with oil giant Exxon Mobil (XOM). While some of the top nat gas firms have too much debt or look just plain expensive, XOM is now the biggest U.S. nat gas producer, debt levels and shareholder returns are attractive, and dividend yields are at least double those of other nat gas producers. [View news story]
Employers begin to warn workers to prepare for slimmer paychecks if Congress fails to vote on an extension of the Bush tax cuts. Congress won’t start debating the issue until after the Nov. 2 elections, and since it takes weeks to prepare withholding schedules, the IRS may need to assume the cuts will expire and direct employers to increase payroll deductions starting Jan. 1. [View news story]
Eric Sprott Pushes Gold, Admits Missing Equities Entirely [View article]
ETFs Are a Scam? I Don't Think So! [View article]
Why Apple Should Ignore Its Shareholders [View article]