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  • A Constructive Critique Of Dividend Growth Investing [View article]
    Absolutely, but people who write articles and commentators are so coy about what they are trying to achieve. It would be interesting to have some articles in which people give examples of how much they have saved by setting aside so much each month for so many years, whether in retirement accounts or taxable accounts, and which stocks they have used, and what strategies they have used, whether DRIPing or "buying on the dips" to reinvest dividends, and so on. For example, it would be interesting to know how dividend growth investors on this board responded to the massive market crashes of 2000 and 2007/8.

    For example it would be interesting to know whether there are any mutual funds that try to duplicate this strategy, especially for retirement accounts, where dividends can be reinvested with taxes deferred until withdrawal. I know that I had a certain amount invested in funds via a retirement fund company (VALIC) that went absolutely nowhere between 2000 and 2011, and would be interested to know if anyone had any better results with funds run by retirement companies if they followed a dividend growth format.
    Apr 8, 2012. 11:20 AM | Likes Like |Link to Comment
  • Jobsian Reflection In Google's Glass [View article]
    The device shown might be useful for cheating in exams, but regardless of whether wearing a monocle of this special glass on your face turn out to be practical, or something that people would want to do, I have no doubt that there will be all kinds of uses for this kind of image-displaying glass in technical fields and machines of various types, optometry, and no doubt the military will be able to find a use for it.
    Apr 7, 2012. 08:19 PM | 1 Like Like |Link to Comment
  • A Constructive Critique Of Dividend Growth Investing [View article]
    This is right. The one thing people don't discuss there, due to reasons of confidentiality and modesty, no doubt, are the size of their portfolios. For a person with a $2 million+ portfolio in retirement, as long as the dividends throw off enough revenue to meet living expenses, they may not be bothered at all if the overall value of the account goes down due to share prices falling. On the other hand the person in the same circumstances with a portfolio of $250,000 might be very concerned to see the overall value of their account taking a hit.

    One also has to take into account taxable versus tax-deferred accounts. In an IRA it makes good sense to write covered calls and then to write puts to retrieve the stock back again if it is called away, provided that you intend to keep the stock for ever. In a taxable account, having stock called away may lead to less desirable tax consequences, especially if there are no losers available to balance the books.
    Apr 7, 2012. 06:09 PM | 4 Likes Like |Link to Comment
  • The Crowd Is Wrong About Best Buy [View article]
    But that is my whole point. You would think that they would have netbooks, but not so.
    Apr 7, 2012. 02:38 PM | Likes Like |Link to Comment
  • Nokia: A Niche Play At Best [View article]
    This is like asking how come Korean movies are never nominated for the Oscars? Award ceremonies are always about promoting the products of the major producers.
    Apr 7, 2012. 08:37 AM | Likes Like |Link to Comment
  • Nokia: A Niche Play At Best [View article]
    This seems logical and maybe it will come in the future. Presumably they don't want to provide incentives to rivals with similar services at this point since Skype is such a well known name. Or maybe they could modify it a bit so it works with Apple, but only with on screen ads for Windows phone!
    Apr 7, 2012. 07:42 AM | Likes Like |Link to Comment
  • Why Nokia Could Double By The End Of 2013 [View article]
    Thanks, interesting, especially the point about the Lumia "fitting your hand like a glove", because one thing I have not liked about the iPhone is that it is awkward to hold and easy to drop. Something that feels comfortable in the hand can quickly become a habit.
    Apr 7, 2012. 07:38 AM | Likes Like |Link to Comment
  • With Nokia's (NOK) Lumia 900 phone due to launch in the U.S. on Sunday, the WSJ and NYT run articles on Microsoft's (MSFT) massive efforts to persuade often reluctant developers to produce apps for Windows. That includes paying them to do so. Facebook and YouTube are in the catalog, but notable absentees include Pandora and Angry Birds Space.  [View news story]
    It seems to be accepted by everyone that money is the key to success in US politics, because a significant number of people allow themselves to be influenced in voting by TV commercials. At least I think this is the notion, because although I am willing to sell my vote to the highest bidder, no one has ever offered me money for it. If this is the case, then it seems likely that Microsoft/Nokia will be able to get market share by buying advertising time and spending money in other ways to promote their products, including developing apps whose availability may affect the votes of cell phone purchasers. Of course it would be nice for them if the phones just became popular through word of mouth, but probably that is an unrealistic expectation and since MSFT has plenty of cash on hand, then why not?

    Exactly how many teenage girls do read Walter Mossberg's product reviews anyway?
    Apr 6, 2012. 04:42 PM | 1 Like Like |Link to Comment
  • With Nokia's (NOK) Lumia 900 phone due to launch in the U.S. on Sunday, the WSJ and NYT run articles on Microsoft's (MSFT) massive efforts to persuade often reluctant developers to produce apps for Windows. That includes paying them to do so. Facebook and YouTube are in the catalog, but notable absentees include Pandora and Angry Birds Space.  [View news story]
    I think Angry Birds "Space" is a new version of the game that is not (yet) available on Windows.
    Apr 6, 2012. 04:31 PM | Likes Like |Link to Comment
  • Google Glass Casts Grey Shades Across Corning And IRobot [View article]
    Not really the same thing. Even dealing with voice choices on programed telephonic customer service systems is extremely tiresome, because you can't just say "look this issue is way too complex to play guessing games, just give me someone to speak to."
    Apr 6, 2012. 02:28 PM | 1 Like Like |Link to Comment
  • Google Glass Casts Grey Shades Across Corning And IRobot [View article]
    Voice directed is probably a dead end alley. Talking at a computer all day is much more tiring than using a mouse or even swiping a screen, and background noise will always cause interference. It will have some specialist uses in industry, no doubt.
    Apr 6, 2012. 01:53 PM | Likes Like |Link to Comment
  • Nokia: A Niche Play At Best [View article]
    I don't think the exact amount APPL is paying NOK is public knowledge, because of confidentiality agreements, but 2% seems like a reasonable guess.

    http://bit.ly/Hs5Ula
    Apr 6, 2012. 09:36 AM | Likes Like |Link to Comment
  • Will Lumia 900 Provide The Boost Nokia Needs? [View article]
    It might be, but realistically the smart phone market even in third world countries is aimed at the middle class or aspirational consumer rather than the impoverished campesino. I live in the Dominican Republic and my significant other has a smart phone (Nokia). This phone is on an 18-month contract with a down payment of about $50 and payments of approx. $25 per month and includes 250 minutes of calling per month, which is quite a lot as long as you use the phone for calling taxis or locating friends and not for gossiping. It also includes unlimited Internet, Facebook, etc. so not so much time available for that, except that she also gets free Orange-to-Orange calling at weekends. This phone also doubles as a camera, radio, and mp3 player. So the basic contract costs a total of $500 over 18 months, though extra top up minutes can be bought in any store or pharmacy or even in bars and restaurants.

    However the phone also has wi-fi and this is available free in many places, like restaurants and supermarkets. Also my apartment has unlimited wi-fi and 200 channels of cable TV included in the rent of $575 per month, so effectively there are no limitations on Internet or Skype usage with her phone. (In the United States my unlimited Internet via Century Link, which was advertised for $16.95 per month actually cost $76 per month when the phone line was included, and you could not have the Internet without the phone line. Other costs included $5 per month for the modem, and numerous taxes and government charges.

    Unfortunately very few articles on SA really provide insight into how markets work, even in the US. For example, I am not a tech or telephone person, and there are many on SA, but no one even seems to know how much AT&T pays Nokia or Apple for a cell phone, an essential piece of information that any stock analyst would need to get an idea of how profitably Nokia could be.

    I have noticed that in Walmart in the US cell phones are advertised with prepaid plans for unlimited calling (within the US), Internet, and texting for as little as $50 (usually via AMX) and one has to presume these plans are not sold at a loss. Unlimited calling to Dominican Republic or Mexican landlines can be added for another $10 per month.

    This means that if you are paying AT&T in the US $100 per month for your phone plan with unlimited calling, Internet, and texting, at least $50 of that is paying either for your phone or for excess profits. On a 2-year contract $50 per month is $1200.
    Apr 6, 2012. 09:12 AM | Likes Like |Link to Comment
  • Believe The Amazon Kindle Tablet Rumors [View article]
    I wish they were more transparent about this. If they are selling the Kindle Fire at a loss, the components and assembly must cost more than an iPhone to put together.

    http://cnet.co/HzuvQt
    Apr 5, 2012. 09:50 PM | Likes Like |Link to Comment
  • Nokia: A Niche Play At Best [View article]
    Markets are very fickle. Nokia started losing market share when it stuck to candy bar phones when everyone wanted flip phones. Where are flip phones now? Landfills, I think.
    Apr 5, 2012. 09:42 PM | Likes Like |Link to Comment
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