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Stephen Mayo

 
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  • Retired Investors Should Not Fear Recessions Or A Bad Market: Part 1 [View article]
    Thank you for the great work, and the very useful reminders!
    Sep 18 12:41 PM | 2 Likes Like |Link to Comment
  • A Review Of The Dividend Safety Superstars [View article]
    Thanks for a very useful article!
    Sep 18 12:40 PM | Likes Like |Link to Comment
  • In The Next Correction, Will You Be A Winner Or A Loser? [View article]
    Oh, it will correct. There is no "this time is different" reality.

    Its just that no one knows when or how much.
    Sep 17 02:16 PM | 2 Likes Like |Link to Comment
  • In The Next Correction, Will You Be A Winner Or A Loser? [View article]
    Horse dung or not, market tops generally have the public doing a lot more of the buying than they do at market bottoms.
    Sep 17 02:14 PM | 2 Likes Like |Link to Comment
  • In The Next Correction, Will You Be A Winner Or A Loser? [View article]
    Come on, guy. Historically there is no debate of the truth of this. If you'd read any number of sources on market history this has been the case from tulip bulbs, to the South Sea Bubble, to the Internet Bubble.

    The big problem for many of us is that this market has been such a long bull market that we forget many true things.

    Consider that Beta, a calculation of a stocks action vs Ms. Market, is looking at a long bull run for the comparison. To me, that makes Beta suspect as a measure of safety.

    This article is pretty terrific, and I believe his principles will be see to be true in the future as they have been in the past.

    The only unknown is when and how high.
    Sep 17 09:48 AM | 7 Likes Like |Link to Comment
  • In The Next Correction, Will You Be A Winner Or A Loser? [View article]
    And that event will probably be noted in history along with wheelbarrows full of Marks.
    Sep 17 09:43 AM | 1 Like Like |Link to Comment
  • Update: Atlantic Power Dividend Cut - Investors Might Need To Look Elsewhere For Growth And Income [View article]
    No credibility, either.

    I hope you are right, but there is little that justifies confidence.
    Sep 17 09:35 AM | Likes Like |Link to Comment
  • Update: Atlantic Power Dividend Cut - Investors Might Need To Look Elsewhere For Growth And Income [View article]
    I hold shares, and I , too, hate selling when it all goes to hell in a hand basket.

    But my prediction is bankruptcy.

    Undermines one's faith in "Buy and Hold," eh?
    Sep 17 08:24 AM | Likes Like |Link to Comment
  • Gold: Short And Waiting For The Washout [View article]
    Personally, I think making absolute statements about tops, bottoms, timing, and valuation is a guaranteed way to look foolish.

    For some people, like me, gold and silver have a place, others have no use for precious metals, and that is what makes horse races.

    In the big picture its hard to argue for long term deflation. And its easy and probably right to bet on long term inflation. given that, hard assets can be attractive as long as a person doesn't get caught in a buying frenzy near the top.
    Sep 16 03:59 PM | 1 Like Like |Link to Comment
  • Update: Atlantic Power Dividend Cut - Investors Might Need To Look Elsewhere For Growth And Income [View article]
    Nice that some things are constant in this ever changing world: AT management stinks.
    Sep 16 10:08 AM | 3 Likes Like |Link to Comment
  • Gold: Short And Waiting For The Washout [View article]
    ...big benefit with gold is transport (in)ability.

    :)
    Sep 16 09:48 AM | 3 Likes Like |Link to Comment
  • Mr. Market Provides Some Early Fall Color For REIT Investors [View article]
    A good hard hitting bear market will drive valuations lower than reasonable by a substantial amount. Usually the bottom is marked by so much pessimism that few will buy then. Naturally all reading SA are immune from that pattern.
    Sep 16 09:31 AM | 2 Likes Like |Link to Comment
  • Mr. Market Provides Some Early Fall Color For REIT Investors [View article]
    Since I don't believe the "good" REITs will go to zero, the question is, where will any particular REIT bottom, or at least become irresistible?

    Does one pull the trigger when O yields 6%? Or do we target $35.00?

    And so on, down our list of preferred REITs.

    I am long O, OHI, IRC and CSG. Am looking to place the 25% of this portfolio still in cash into NNN, WSC, and STAG.

    I am curious how others will play this pull back and how deep they think it will go.
    Sep 13 02:12 PM | Likes Like |Link to Comment
  • Wal-Mart Investors Should Worry About Tracy Morgan Lawsuit - A Lot [View article]
    Some big companies squeeze every last drop of productivity from employees to drive numbers. They do this even to the point of diminishing returns with regards to industrial safety, including over the road safety. (There are exceptions, of course.)

    This desperation to drive numbers at all costs occasionally results in problems, and the Tracy Morgan crash is one type of exposure companies face. Less news-worthy industrial accidents, and environmental accidents, are another.

    The writer said, "We know from the many employee actions happening at Walmart that in-store personnel are feeling pressure to do more with fewer hours. It does not take a great leap to consider it possible (likely?) that distribution personnel, right down to truck drivers are feeling pressured to work harder, get more done with less, and in some instances being forced to cut corners in order to improve Walmart’s numbers."

    I totally get the connection between the headline and the article.
    Sep 12 03:25 PM | 2 Likes Like |Link to Comment
  • Dividends Don't Matter In Retirement Either [View article]
    You make a very good point.

    I'd only observe that many friends with seven figure portfolios constructed by "pros" seem no better than those suggested by Chowder, Carnevale, and others here on SA.

    Caveat Emptor, as they say.
    Sep 12 09:52 AM | Likes Like |Link to Comment
COMMENTS STATS
349 Comments
539 Likes