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  • Central Banks Buying Stocks - The Beginning Of A Major Trend? [View article]
    @ Dbest1
    "This cannot end well!"
    You are right. This interweaving of CBs with public corporations and exchanges increases the level of complexity which increases the probability of a Black Swan event.
    Frankly, it scares the heck out of me.
    Jun 29 12:44 AM | Likes Like |Link to Comment
  • Kinder Morgan: Too Hot To Handle? [View article]
    Let me be more clear if possible:
    SA monitors what contributors, AKA authors, produce and they monitor reader demand. If David is writing about KMI et al, the readers want it. I'm sorry but to me, this is intuitively obvious to the most casual observer.

    However, I do recognize that not all have my experience. If you now know all there is to know RE KMI, stop reading the KMI articles and that is your vote to SA and happy investing.
    Jun 27 05:12 PM | 2 Likes Like |Link to Comment
  • Kinder Morgan: Too Hot To Handle? [View article]
    I don’t have time for this but am driven to comment . . . on the comments. With most authors I follow, I am impressed with the general sophistication of the commenters. However, David I’m genuinely sorry to say that the comments in this KMI/KMP/(KMR) article are all too common on your KMI articles (and that is not a shot at you). Consider:
    1- Commenters slam this author for the total number of KMI articles. Do you commenters assume that SA has no statistics RE what causes us (subscribers) to read specific articles, categories of articles, and specific authors? Remember, the authors are not just writing for you; there are others out there and some of them are new to SA.
    2- Commenters slam this author for not including KMI structure information that has been published on SA many times. Actually, I’d complain if this data and information were published anew with each article - and I posit you would also.
    3- This author is slammed with accusations that he must own a lot of KMI/KMP/(KMR) because of the number of articles that he writes – responding to reader demand.
    4- Then this author gets ‘helpful’ comments that he should go long with some combination of KMI/KMP/(KMR). At least one even goes so far as to say that he’d have even MORE credibility were he to be long in KMx. Such suggestions are not only not helpful, but they indicate a certain level of naiveté.
    I know with this comment(s) I’m not winning a popularity contest with this readership, but if one of these four points hit home, please consider what I’ve said.
    Jun 25 05:32 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: You Must Strike While The Iron Is Hot [View article]
    In RE to MLPs: As you know I'm long APU & MMP and I've owned others. When selling those, I had a huge tax hit. I describe that to others as similar to holding a wild cat by the scruff of the neck - the longer you hold it, the madder it gets; and then you release it.

    I forget who, but one of the SA commentators did an excellent series of articles RE that particular aspect of MLPs. My suggestion for an article is to create a mock portfolio with 3-4 of the more popular MLPs beginning in say, 1/2010, and sell them in 12/2013. Graph the disbursements and then show the adjusted yield post taxes. I'm rather buried these daze, or I'd do it myself.
    Caution: If you don't repeat the info w/in the 3-4 articles, you'll be nailed for that. If you do repeat all that info, you'll be nailed for that.
    Enjoy. . . LOL
    Jun 16 09:25 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: You Must Strike While The Iron Is Hot [View article]
    Just a quick comment - whenever you see a dividend/disbursement over 6%, you should question it's risk. In this case, MLPL is a leveraged ETF and has a higher risk of both ups and downs. I suggest you read up on those risks. You ref MLPL's current dividend, knowing MLPL's price increase, I assume your dividend on cost is rather nice.
    Additionally, as an ETN MLPL is dependent upon or backed by the credit rating of the issuer - in this case UBS AG, whom I do not know.
    Disclosure, I am long KMI, KMR, APU, & MMP.
    Best of luck.
    Jun 15 06:31 PM | 1 Like Like |Link to Comment
  • Investment Management: Beyond 'He's A Terrific Stock Picker!' [View article]
    I agree. I've had 2 investment managers ad they both put my funds into mutuals that they touted as worthwhile because they had low Betas. What a waste of valuable investment time. For me, the best investment strategy is go for Alpha & dividends/disbursements, and the Beta will follow.
    May 29 09:07 PM | Likes Like |Link to Comment
  • The Southern Company declares $0.0175 dividend [View news story]
    The SA e-mail said: "SO: The Southern Company declares $0.0175 dividend". There ought to be a law; that scared the heck out of me!!
    Apr 21 04:50 PM | 1 Like Like |Link to Comment
  • JPMorgan is exploring smart beta ETFs [View news story]
    Appears interesting but no real information as of yet. I look fwd to seeing what they actually offer us.
    Feb 27 09:26 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    You believe the gvt CPI, that inflation is not going up? How's your food bill? Gas? Clothing?
    Feb 25 08:56 PM | Likes Like |Link to Comment
  • Want To Buy Altria At 6% Yield ? Be Ready [View article]
    I track my portfolio w/a spreadsheet. I bought MO in6/21/11 @27.2041/share. Today it closed down at 35.35 giving me a 7.0578% dividend yield on cost and an almost 30% increase in share value. Thank goodness this is in a Roth IRA.
    Lots of rumors that the gvt is coming after such accounts. . . They consider us hoarders.
    Jan 30 09:04 PM | 2 Likes Like |Link to Comment
  • Want To Buy Altria At 6% Yield ? Be Ready [View article]
    My point is that if you wait for a high dividend percentage the mkt price will adjust and you may loose out if you're not hovering over your keyboard.
    Jan 30 09:04 PM | Likes Like |Link to Comment