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Interesting Times
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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
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  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $85,633.44 $185,633.44 85.63%
    ** 2nd ** FearandGreed $29,924.81 $129,924.81 29.92%
    * 3rd * JohnBinTN $22,077.51 $122,077.51 22.08%
    4th User7415481 $17,878.21 $117,878.21 17.88%
    5th ExtremeBanker $15,093.57 $115,093.57 15.09%
    6th John Wilson $14,985.82 $114,985.82 14.99%
    7th CoinsK $9,442.12 $109,442.12 9.44%
    8th Windwood $8,989.86 $108,989.86 8.99%
    9th CWinn $8,491.31 $108,491.31 8.49%
    10th Richonsilver $8,083.62 $108,083.62 8.08%

     

    1) IRAQ...If we do bomb what effect will that have on the markets ?
    2) GOLD....Will in continue to rise ?
    3) VALUE STOCKS.. Are there any left , if so which ones ?
    25 Jun, 10:19 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT

     

    Amazing that after years of wars all around the Middle East, and even Russia threatening Ukraine, that anyone would imagine that the market will give the slightest hoot about a few bombs in Iraq.

     

    Not a chance.
    26 Jun, 08:21 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » T....

     

    Proof that cheating is ok !!!

     

    Charles Rangel winning Democratic nomination in Harlem. Here's a man who cheated on his taxes and when caught he said he didn't know about the law he wrote while in Congress.
    26 Jun, 08:36 AM Reply Like
  • dnorm1234
    , contributor
    Comments (835) | Send Message
     
    >*** 1st *** Econ. Analyst $85,633.44 $185,633.44 85.63%
    ** 2nd ** FearandGreed $29,924.81 $129,924.81 29.92%

     

    Jesus, EA crushed it. Where do I sign up for his newsletter?
    26 Jun, 11:49 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » DNORM

     

    Picked one stock and NAILED IT !!
    26 Jun, 02:53 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    The Beauty,the Art of simplicity,The Grace and flow on a Razors edge to fame and success.
    26 Jun, 04:04 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    1) Liquids and safe havens
    2) Probably
    3) (MDCI) was the last one.
    25 Jun, 10:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Gold isn't manipulated ?

     

    "China's national chief auditor has discovered $15.2B in falsified gold transactions that have been borrowed from banks since 2012. Chinese traders and investors are known to borrow against commodities such as gold, copper and soybeans, and most of it is valid trading. However, the Chinese audit office has found many gold processing firms which borrowed based on fake transactions in the gold market. Further investigation may result in new restrictions on commodity financing."

     

    The Chinese would not do this , would they ? Yeah.. new restrictions...Don't hold your breath..
    26 Jun, 07:28 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » BDC names in focus at SunTrust

     

    The team launches coverage on four in the business development company sector, with Fifth Street Finance (FSC) and THL Credit (TCRD) garnering Buy ratings, and MAIN Street Capital and Golub Capital (GBDC) started with Neutrals

     

    Just an update.. Anyone disagree ??
    26 Jun, 07:39 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    O.K the right product the moment in mass would be exponential.
    26 Jun, 07:50 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Skimming on Iraq "fears" hmm hmm hmm !
    Dipping just in case it gets "real".
    26 Jun, 08:24 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    ED's 200 vol. this morning,usually shows an uptick for the Tri-st.
    Dominion just kicked up.
    26 Jun, 08:32 AM Reply Like
  • Kyle10
    , contributor
    Comments (415) | Send Message
     
    Gazprom has officially announced they will use Yuan or Rubles in trade with China. As JW was alluding to, those that aren't afraid to "dis" the U.S. will get this train moving and then the rest of the world will gain the courage they need to do the same. The USD is toxic - it's a cancer to the entire world. The cancer can't be "fixed." It has to be cut out completely.
    26 Jun, 08:36 AM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    Complete baloney.

     

    And, what's the world going to use to trade with the world's largest trader, the U.S.?
    26 Jun, 08:49 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » This might get interesting.. Gonna grab a seat !!
    26 Jun, 08:50 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Liquids are dipping might be an opportunity.
    "Rejection can be hard,we'll help you get a gripp on it"
    26 Jun, 09:01 AM Reply Like
  • Kyle10
    , contributor
    Comments (415) | Send Message
     
    It's baloney because you say so or because you have evidence that is contrary to everything that is currently happening throughout the world? The USD will be used when trading with the U.S. just as any other currency is used. However, by losing its status as the reserve currency, prices in dollars will increase dramatically and our trade deficits will be reduced because Americans won't be able to afford to import as much.

     

    This game in which the rest of the world trades its labor and sweat for little green pieces of paper is coming to an end. This is the truth. No reserve currency lasts forever. You can call us "exceptional" if you wish or say "this time is different", but it will change nothing.
    26 Jun, 10:10 AM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    K:

     

    Unless you're a child (and, likely, even then), you'll be dead and buried, and the dollar will still be the world's major currency of trade, unless the nation is militarily overthrown. China and Russia do what amounts to a barter deal for some oil, and you're ready to overlook the fact that the U.S. economy is larger than that of German, Japan, and China, combined? Oh, and did it escape you that the U.S. just became the world largest producer of energy? Oh, and it is by far the world's largest producer of food, too. How's all that getting paid for, yuan or rubles?

     

    There is no other currency, remotely, with adequate liquidity, respect and solidarity to even begin to replace the dollar. And, talk of a "basket" as a reserve, is truly folly, as no world reserve currency is going to be established and adopted that controlled by some academic bureaucrats.

     

    But, it's ok, go ahead and get excited about the dollar's "dismal" future and maybe load up on staples that you won't be able to afford when nobody wants dollar any more.
    26 Jun, 10:29 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I really wish my dividend could get accrued into the portfolio challenge so a realistic depiction of a great partnership could be fully shown.
    26 Jun, 10:52 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AR

     

    Then at least sign up for the new one:)
    26 Jun, 11:37 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT i'm going too,these f #'s man,missed the 35.35 by minutes,and the 32,guys are cranking up fo a street cleaning.
    YO it's on the burner
    ps you on to something,stuff is stable.
    26 Jun, 11:41 AM Reply Like
  • wyostocks
    , contributor
    Comments (7628) | Send Message
     
    It doesn't have to be the dollar.
    26 Jun, 01:26 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Really Guys i can not imagine a world with out the dollar and if so it does not sound like the kind of world i'd want to live.
    26 Jun, 01:36 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Kyle
    Thanks for paying attention. Not too many people are. People at large will not see the shift coming, and when things begin to change like the dollar falling and prices increasing and interest rates rising, they won't even know why it is happening. They will actually call for the government and the Fed to "DO MORE" to the extent of spending and borrowing even more. Solve debt with more debt.

     

    There are two separate things going on here: the private sector which like Tack notes, is productive. But the other sector is the government that is nullifying the efforts of the private sector and is the direct opposite of being "productive."

     

    Our leaders must know when dollar trade falls off by a significant percentage, there will be a tipping point. The Chinese and Russians know this too.

     

    You have to be a little careful though you are right when you say "The USD is toxic - it's a cancer to the entire world" but it requires some qualification, and still people just won't "get it" when you make the sweeping statement. It is correct when you look at what the US has done in its last wars, and its policies: all of the destruction, 100 x thousands killed in Iraq & Afgan and the trillions of debt, all for the present state of chaos.

     

    But this is "The US" as controlled by its plutocrats that make up its oligarchy - its "Supreme Soviet" that celebrates at Bohemian Grove. These people are like brain cancer cells.

     

    There is also the cancer of printing and the compounding of the Fed debt. One again, most people won't get it and won't see it coming.

     

    Defensive outlook justified.
    26 Jun, 09:34 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Forgot to add, the Euro and the dollar have a co-dependent relationship. When one does bad, then the other cuts their rates and comes out with bad economic reports, to can regain the position of "competitiveness." Competitive means successfully devaluing and inflating your currency relative to the other currencies.

     

    The problem always remains, how do you do this and keep gold down at the same time?
    27 Jun, 12:14 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JW

     

    Gold keep creeping higher as well as silver. Just at a slow pace..

     

    Gold $1350 within a few small day rally..

     

    "IT FIB" says it happens before the first challenge is over !! FWIW My coin dealer called me to see if I have any silver to sell. Since he called me I said no !!

     

    Silver at $22 must be around the corner..
    27 Jun, 11:48 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » KYLE

     

    Consider joining us in the second portfolio challenge Sign ups already started..
    27 Jun, 11:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » WYO

     

    Did you sign up yet for the second challenge ??
    27 Jun, 11:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JW

     

    I don't see your name on the new challenge yet. I hope you do as I am interested in your buys...

     

    We sometimes think alike.. Did you look into that book I recommended >>>
    27 Jun, 11:55 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    IT
    I'll try to get around to it
    27 Jun, 11:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Sign up takes 5 minutes..
    27 Jun, 11:52 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Not try, Doo ! goes for me.
    28 Jun, 09:57 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Classic Fake out,ya Baby !
    26 Jun, 09:57 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I'm down a dollar ten and i'm not happy about it !
    26 Jun, 11:13 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » WE NOW HAVE 9 RECRUITS!!!
    26 Jun, 06:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » seems the Supreme Court made a ruling that most aren't talking about. The POTUS gets his hands slapped!!

     

    http://bit.ly/1qzPIDw

     

    Thoughts ?
    26 Jun, 11:17 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    That was Eric's fault.
    27 Jun, 07:27 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Does anyone's Police force look like this? Arrest me !!

     

    http://huff.to/1m3gNiK
    26 Jun, 11:36 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    When the next plane leaving IT we are getting arrested in Moscow.OMG!!!!!

     

    You know i'm softening my attitude about this fellow Putin.Maybe i stand to be corrected ?
    27 Jun, 07:31 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AR

     

    Flights already are booked. I am even bringing my own handcuffs. (don't ask why I have them)

     

    T

     

    How are the Cabana girls doing ?
    27 Jun, 11:45 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    We get older we get less conservative in ways,in a suit case to one of these Islands...
    27 Jun, 12:15 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Head on over to WSB,i'm still chasing liquids and whatever.
    27 Jun, 07:47 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » I jumped over and left a few comments...
    27 Jun, 11:49 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I hope we all have one mo big rally in us.
    27 Jun, 11:07 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » The Obama administration has requested $500M to aid Syrian rebels, as a result of the civil war which seems to be expanding into Iraq. In a move that increases the United States' role in the crisis, the government is requesting funds to train and arm the rebels, and marks its opposing stance which previously sought no heavy involvement in the region.

     

    GOOD OR BAD MOVE ?

     

    We never turned off the printing presses so why not? Better then bombing although I wish one day we keep our noses out of there and let them knock each other off ...
    27 Jun, 11:43 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » LURKER WANT TO KNOW.

     

    If the economy slows down and inflation start to tick up what sectors do you invest in ??

     

    Little help ?

     

    Thanks !
    27 Jun, 12:06 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    That combination of events isn't going to occur. If economy slows, inflationary pressures will slow with it, and vice versa.
    27 Jun, 12:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » That lurker feels it is occurring now though. So they are wrong.?

     

    Feels the economy is slowing but sees inflation stepping up some.

     

    I had a contractor in my house this week and was planning on putting down new wood flooring. He said I was lucky to have bought it months ago as natural wood floors have jumped over 50%.

     

    People are going back to carpets...
    27 Jun, 12:30 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    Does this look like slowing?

     

    http://bit.ly/1553mUS

     

    http://bit.ly/Y3TfIQ

     

    http://bit.ly/13t7HB3

     

    http://usat.ly/1m56uuE
    27 Jun, 12:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » T

     

    No, it does not look like it at all.

     

    Thanks for the links. I am sure it will help..

     

    Having now seen it is picking up then inflation might be a concern ?
    27 Jun, 01:07 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Inflation will come due to rates and energy cost,takes a lot of Nat gas to keep your super markets frozen and cool,Even our most quality hold have a debt ratio that would be affected by a rate increase.
    Great point's and dialog tks,that is why regulated pseudo monopoly's should be part of a core holding.
    28 Jun, 09:02 AM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    I remain a moderate in all respects. I don't expect some huge surge in inflation nor do I expect the economy to fizzle out. I'd continue to suggest a balanced approach that can weather modest movements in either direction.
    27 Jun, 01:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » T

     

    I know you not an advocate of owning gold or silver. Any opinion as to why they are rising?
    27 Jun, 01:41 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    Well, if folks are worried about inflation, isn't that the usual behavior?
    27 Jun, 01:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » T

     

    But should folks be worried about it ??
    27 Jun, 01:53 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    I just don't know what to say. People seem to have to find something to "worry" about 24/7. Investing requires discipline to set up a balanced approach that can handle variations in conditions. If one buys some investments that benefit from inflation and others that perform well in less inflationary conditions, all of which throw off decent yields, they'll do well and have a somewhat hedged position.

     

    In essence, a calm, moderate approach will almost always beat racing from one concern to a new one that will undoubtedly appear in the headlines in a few days, if we just wait.

     

    My mini-rant said, personally, I will simply repeat what I just said, above. I don't expect radical moves in either direction.
    27 Jun, 02:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » T

     

    That isn't a rant. It is logical investment advice. I appreciate it !
    27 Jun, 02:33 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Generate capital ahead of the rate of inflation and raise in cost,that is really the only solution.
    Control your billing, usages ,fine tune policies,be proactive with your providers and carriers,takes a team.

     

    A financially healthy constituency is a positive force of equilibrium,even grey area's are adverse to stability and gain.
    Alright,nuff said.
    28 Jun, 10:04 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Two companies I am considering buying . I appreciate opinions if they are overbought as of now.. If so where is a value price on them.. (ED) and (MO)

     

    Thanks.. Open to other options as well..
    27 Jun, 02:38 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    ED at 58, no, outperforming all 3 indices right now your going into the summer head,matter of fact utilities in general just crossed outerperform Naz,S&P,DOW
    DC has more experience with (MO) he says it's the way to go
    What do you think of UI's performance,after the 1st2015 you'll never get them at these prices.

     

    ED,SO,D the system is not going to forsake them,2000+ on UI as i've been told is not too heavy.
    27 Jun, 03:23 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AL

     

    (UI) what is it ? Someone pointed out it isn't a symbol..
    27 Jun, 10:52 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (UIL) that's my exclusive pick that has gotten me out of the mess red i got into during the winter,SA says they "ARE" a gold mine mother load,get rid of that old dusty Gold and get (UIL).Sounds like the name of an angel (UIL).
    28 Jun, 05:59 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Go to the symbol clicker click in UI and right their in the list at the top !
    29 Jun, 08:59 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Can't beat the Base load for a foundation.
    27 Jun, 04:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » LURKER ALERT

     

    Will posters list their favorite value yielding stocks and why ??

     

    Thanks!!
    27 Jun, 10:51 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (ED) because you can not beat the consistency, trust and value of the NY area.
    28 Jun, 05:54 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT (UIL) just purchased PGW Philadelphia GAS Works,explains the drop from 41 as low as 34,they accredit in 1st qtr. 2015,closest guarantee on liquidity one can get at this time.Being right at the Philly E hub the potential is greater than additive.Especially with the synergy with (D) and CNG export coming out of Dominion cove.
    (UIL) has adapted well with the pressures on Generation and from renewable.
    28 Jun, 07:50 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    My most recent buys were (ARCP) and (UHT).

     

    I like them simply because I like their present price/chart picture. They have yield of 7.9% and 5.8% respectively. ARCP is a retail and office REIT.
    UHT is a Healthcare/hospital and nursing home REIT.

     

    I have not done fundamental research though I have looked at a few articles about them. I am buying them because of the stock price turn-around picture [capital gain], and the yield. I am looking for buying interest and price appreciation.

     

    If anyone wants to do some FA on them be my guest.
    28 Jun, 02:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Ok, so here is my scenario...

     

    Have 50k to invest, am 57 years old. I was in a major car accident about 7 years ago that financially wiped me out. Had a settlement, paid off all my debt including my mortgage.

     

    Wife is petrified of losing money in the market, and would rather hold most of it in cash .

     

    So with my "play money" what do I do ?? Nothing ??

     

    Won't need the money for at least 10 years and I am a gambler...So risk tolerance isn't an issue..

     

    Go ahead folks and throw out ideas.. I own physical gold and silver and if I sold it would be in the green. Additionally I am long (PSEC)...

     

    I ASKED THIS SAME QUESTION ON ANOTHER LINK.. MAYBE TACK CAN SUGGEST SOMETHING?

     

    PREFERNCE IS A VALUE PLAY WITH A DIVIDEND STREAM..NOT LOOKING FOR STABLE NAMES THAT GIVE A 2 TO 3% DIVIDEND... hence the (PSEC) investment...

     

    Fix me up with suggestions... No one will be held accountable as I am a big boy. Use to own Harness Racing horses so I know the deal...
    28 Jun, 12:02 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Get (SDRL) on a dip ?
    Get (http://bit.ly/TG4gFE) if it drop's below 36 again,give you 1388 shares at 1.74 share per year,2416 a year in coupon,+cap.
    (http://bit.ly/AeGhcV) if it takes a quick dip to 25.

     

    Some of the bio techs?
    A lot of guys are talking lower beta as core now.

     

    Your thought on (ED) probably the best.
    28 Jun, 12:13 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (712) | Send Message
     
    With a ten year window to work with, despite the experts that would suggest a maximum investment of no more than 10-20% into precious metals, I would go 50-75% in physical gold/silver. I happen to believe it is greatly undervalued right now and that it will move closer to, and perhaps cycle into being overvalued at some point within the next ten years.

     

    I also believe that the stock market is overvalued right now, and would be inclined to wait for the next correction, and then likely ease in to it. Hopefully as I follow along the upcoming challenge, and review more of the SA info, and other sources, I will identify particular sectors of interest to diversify investments into. Outside of the good dividend paying stocks, or funds, I don't have any strong advice currently in that area.
    28 Jun, 12:51 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    IT
    see my comment immediately above. Also I bought (SDRL) and recco'd it in a comment back in March when it was 35. It just hit 40 and I sold mine at 39.90, and I would rebuy on a dip.
    BUT, I agree with AOG in the market. It has gone almost straight up since Aug 2012 without a correction.

     

    Many market tops are in August - at least the big ones like 1929, 1987. WILL WE HAVE THE BIG TOP THIS AUGUST?

     

    For that reason I will be very careful as of August if it looks like a top has formed.
    28 Jun, 02:58 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JW

     

    I did see your comment and printed it out . I am waiting until the summer is over. Even considering selling some of my metals to jump start this new portfolio.

     

    My boss ( wife ) is old school and won't hand over any new funds. We are on atight budget with neither of us able to hold down a full time job. Those surgeries took a toll on us, and she isn't going to take a chance .

     

    Would rather us just live a modest lifestyle, and stretch our money out. I get to play with some of my officiating dollars, hence the homework being done to expand past the precious metals...
    28 Jun, 03:06 PM Reply Like
  • User 7415181
    , contributor
    Comments (565) | Send Message
     
    IT,

     

    I don't know anything about precious metals.

     

    If you want high yield now instead of hoping it will grow later, then maybe buy a basket of high yield stuff. Here's a link for preferreds:

     

    http://bit.ly/1diaSkK

     

    Some are good and some are not good. Check out the underlying companies and if they're paying a dividend or not. And even better, if the underlying common stock has a positive pe. Preferred holders get paid before the common share holders. Buy under par value (the callable price). Now may not be the best time to start buying as most have recovered since the tapeer tantrum, so maybe ease into a bunch of them over time.

     

    http://bit.ly/SxjB4j

     

    Most people don't like cefs because they're fairly complicated, but there are plenty that pay greater than an 8% distribution on the market price. The trick is to find the ones that can sustain that. Go ahead and use a screener on that site. Look for a market yield you will be happy with. Then screen for a NAV yield less than 10%. Want value? Screen for a discount you'd be happy with.

     

    Now check out the fund list. Check out how the nav has done and look at the market price. What I look for is increasing NAV and a flat or even declining market price.

     

    I use momentum to buy and sell the ones I buy based around the NAV and I believe Tack would differ with me on that, but the point is there's always something on sale in the cef world that has a pretty good distribution.

     

    Maybe with 50K you could buy a 1K investment each week and get a pretty diversified basket of preferreds and cefs and get a fairly high yielding portfolio.
    28 Jun, 04:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » USER

     

    I really appreciate your comment. But I have to admit that since you say you know nothing about the metals I m in the same boat about preferred shares and cef's..

     

    So I have plenty of learning to do...

     

    Wanna manage my money :)
    28 Jun, 04:25 PM Reply Like
  • User 7415181
    , contributor
    Comments (565) | Send Message
     
    For 2% of the income. :)
    28 Jun, 04:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Minus 2% of the losses :)
    28 Jun, 04:42 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Compound coupon and earnings and build the position.
    It's usually <50% tabled so good position good start.
    Assuming 2x declared,metals aren't done.
    28 Jun, 04:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AL

     

    The metals are going to run up as inflation hits. Now the big question for all. Will inflation really hit or be a normal amount?

     

    I keep waiting for silver to get back into the 30's and I just don't see that happening anytime soon. I thought I did , not so sure now.

     

    Will be happy if the "IT FIB" is correct about $1350 gold and $22 silver..
    28 Jun, 04:58 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    least above Cost basis again.
    28 Jun, 05:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OAG

     

    Gotta tell ya I am getting somewhat anxious holding these metals.. They look nice, make great door stoppers. But that isn't what I bought them for :)
    28 Jun, 10:50 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    T's comment below,3 dimensional asset's are 18'th century,as BB,Lloyd and their disciples say "Velocity & Volume".
    29 Jun, 08:51 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    @IT
    For ideas, check out my new Blog at http://seekingalpha.co...
    and Blockdesk.com.s FAQ at http://bit.ly/1dgiX8t.
    I'm doing some serious research on thye way they follow Market Maker's opinions of stocks.
    2 Jul, 11:14 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OW

     

    Will do, Thanks!!
    2 Jul, 11:21 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (ED) !! and keep the conversion going,(ED) !!!! & before 58.
    28 Jun, 12:24 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Liquidity...long term seems to be the underlying mindset with the old school.Don't want to much volatility unless pretty sure to pay.
    28 Jun, 12:39 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    If the Banks are getting out of it you don't have the investment for appreciation ?
    28 Jun, 01:03 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    should be first move,thumbs up.Thank you i can sleep better at night now,got to push the sea wall !
    28 Jun, 05:51 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    IT
    Basic portfolio practice if one has 50K or 100K or grand:

     

    I would have no fewer than 10 separate investments if one has $50K and maybe up to 20 investments if one has $100K.

     

    The investments would be in at least 5 different sectors of which PMs could be a sector, and cash would be a sector.

     

    BASIC SECTOR ALLOCATION COULD BE IN THESE GROUPS:

     

    Cash: 20%.
    ... along with the dollar, should be diversified into other currencies too depending on what is going up against the US dollar, like:
    1. Canadian dollar
    2. Australian dollar
    3. GB Pound

     

    Stocks 20% (may be divided into sub-groups)
    1. US stocks
    2. Foreign stocks
    these categories may be composed of large cap and small cap stocks.

     

    Bonds: 10% (this may be an optional category or opt out of it)

     

    Real estate: 20%.
    REITS: (VNQ), (IYR);
    OTHER REIT options are like IVR, AGNC, NLY, TWO, CIM, ARCP, UHT, and leveraged MORL
    [I just bought ARCP and UHT.]

     

    Business Development Companies or BDCs 20%... could be another sector group like (PSEC) OR (BDCL), & others. These are income producing investments.

     

    Commodities: 10%
    (DBC), Precious metals could fall into this category.

     

    I do watch the overall market. Mebane Farbers "Timing model" for major sectors is good to keep an eye on:
    http://bit.ly/1pBw2lA

     

    The portfolio can be a "Timing Portfolio" where positions could be exited using a model such as Mebane Farbers timing model.

     

    Percentages could be played with: could add 10% to stocks TO MAKE IT 30% and subtract 10% from either Real estate or BDS to reduce one of them to 10%

     

    If cash increases above 20% due to dividends received or sales, it may be re-invested into the sector with best near term prospects.
    28 Jun, 07:55 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    JW the timing and 20% aspect's are a valuable reminder.
    Still holding CHK 35 will come again.Great company.
    28 Jun, 09:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JW

     

    Thanks for the breakdown. However I think I need to be a little more aggressive seeking a higher yield..
    28 Jun, 10:48 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    IT:

     

    I'll add one more piece of investment advice:

     

    Never invest in anything that isn't a business producing or managing something. That means no metals, no commodities (directly), no currencies, etc. All these types of direct investments in inert entities are mere speculation on price-movement directions. They aren't really investing in business enterprises and the expectation of them to manage and grow profitable businesses.
    28 Jun, 10:54 PM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    Tack-
    Does that mean to never be in cash? To be in some amount of cash is to be in a currency. If you are in cash or "currency" it is best to be in the right one. Agree about businesses that produce tangible products or services.

     

    IT
    the sector allocation is to provide diversification. It can include yield with the REITs or BDCs. The stock sector is for growth or growth & income.
    28 Jun, 11:35 PM Reply Like
  • Tack
    , contributor
    Comments (12749) | Send Message
     
    JW:

     

    I was talking about currency speculation, as in trading forex, but, now, that you mention it I also never favor being in cash, either. Being in cash is a de facto market-timing bet on non-cash assets going down in value. History demonstrates conclusively that, other than momentarily being correct, which is very difficult to achieve, sitting in cash is, overall, a losing proposition. Assets increase in value over time, and inflation is relentless, so cash is like a short-term speculative short bet on the markets. It's not a game I like to play.

     

    Alternatively, I'd much rather maintain a fully-invested, or close, portfolio and adjust holdings between equities, preferred and debt issues, depending on market conditions. That way, I always have the capital geneating yield, without the necessity of guessing market direction or exact timing. Within reason, those three asset classes don't usually move in harmony, so they act as a de facto hedge against each other, but with each generating yield.

     

    Cash is simply eroding-value, dead money.
    28 Jun, 11:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » I copied this from the last chapter. Many might not see it..

     

    "Okay - the case for having Gold in your portfolio has been made stronger this morning by none other than Bill Gross. Be sure and follow ALL the links to both of Bill Gross's articles AND to the FBER paper:

     

    http://seekingalpha.co...

     

    For those who have not gone and read the paper on how much gold / gold and silver / gold, silver and platinum do you need in your portfolio to protect against inflation......that link is here:

     

    http://bit.ly/18Q6WVi

     

    Any thoughts ??
    29 Jun, 10:07 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    EDDIE ! EDDIE ! EDDIE ! Home RUN !!!
    29 Jun, 10:11 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Cap gain then yield,CAP GAIN !
    29 Jun, 10:44 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    It should be considered over yield ?
    29 Jun, 10:54 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Velocity & Volume or Socialism.
    29 Jun, 08:20 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AL

     

    Can you do me a favor and put in brackets any symbol you mention. This way others can scroll over it and see what company it is.

     

    Thanks !
    29 Jun, 10:42 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Sorry IT i got used to how it was done around here,
    Like Catcher & Pitcher.
    O.K One (MO) Time !
    29 Jun, 10:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » It was the UI one that is throwing me off !!
    29 Jun, 11:03 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    United Illuminating (UIL) on Principle,Capital preservation top liquidity holding.
    29 Jun, 11:19 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $85,539.23 $185,539.23 85.54%
    ** 2nd ** FearandGreed $30,549.97 $130,549.97 30.55%
    * 3rd * JohnBinTN $22,282.32 $122,282.32 22.28%
    4th User7415481 $18,069.11 $118,069.11 18.07%
    5th ExtremeBanker $15,286.57 $115,286.57 15.29%
    6th John Wilson $14,913.07 $114,913.07 14.91%
    7th CWinn $9,445.95 $109,445.95 9.45%
    8th CoinsK $9,185.76 $109,185.76 9.19%
    9th Windwood $8,638.11 $108,638.11 8.64%
    10th Richonsilver $8,397.93 $108,397.93 8.40%
    11th Rinascimento $6,994.84 $106,994.84 6.99%
    12th BlueskyForever $6,774.07 $106,774.07 6.77%
    13th Newbie Trader $5,489.50 $105,489.50 5.49%
    14th Crademan $3,351.62 $103,351.62 3.35%
    15th Al Roman $2,871.79 $102,871.79 2.87%
    16th OldWarrior $2,262.38 $102,262.38 2.26%
    17th Milk & Honey $1,852.73 $101,852.73 1.85%
    18th Krustyman $222.84 $100,222.84 0.22%
    19th Notrub -$5,762.39 $94,237.61 -5.76%
    20th tommyinexile -$8,280.55 $91,719.45 -8.28%
    21st IT -$8,416.31 $91,583.69 -8.42%
    22nd deercreekvols -$10,979.68 $89,020.32 -10.98%
    23rd Macrotrader -$11,581.62 $88,418.38 -11.58%
    24th Dr. Ken Kapur -$31,253.89 $68,746.11 -31.25%
    25th Focal Point -$34,414.28 $65,585.72 -34.41%

     

    TIME TO SIGN UP !!!! ONE MONTH LEFT .....
    29 Jun, 10:47 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    It's who pulled my --- out of the red on Portfolio challenge made up over 8g with them not including coupon (UI)
    29 Jun, 11:24 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AL

     

    (UI) does not come up as a symbol.. Do you know why ??
    29 Jun, 11:28 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    (UIL) but click in ui, i'll be right back...it's the second one down under Unysis corp,Where it says's search author symbol...ok, (UIL) I took a defensive position in portfolio challenge, timing with (LNG) and (UGAZ) was terrible went straight (UIL) from experience i knew i would i'd at least close in the green.
    29 Jun, 11:50 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT i spelled Unisys wrong,this is the correct spelling.
    Unisys Corporation.
    29 Jun, 05:49 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Since it is Sunday.. Gravy day for those who even know what that is.. Want the best Pizza in the world.. Well here is the list !!

     

    http://bit.ly/1lpxuiG

     

    T, think the Cabana Girls would mind making a road (water) trip ??
    29 Jun, 11:34 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Everywhere i say UI (United illuminating) Just insert (UIL) means the same thing,probably a good consideration in combination with (ED).
    29 Jun, 12:03 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » moving on for a short week !!!

     

    http://seekingalpha.co...
    29 Jun, 06:30 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    IT, If you get time to look at my new Blog, can you add it to my list of Blogs at the top? Just list it by the name, that should be descriptive enough.
    2 Jul, 11:26 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OW

     

    Write up exactly what you want, send me a PM, and I will copy and paste it for you !!
    2 Jul, 11:48 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    Will do (soon)
    2 Jul, 04:55 PM Reply Like
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