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sudburyjakes

sudburyjakes
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  • What's Next For Bank Of America [View article]
    Good article RS. Investors always need to be looking forward. What has happened already is supposedly "priced in". You laid out the future earnings and dividend potentials, which should propel the bank. Also on a straight supply/demand basis (at least until WB decides to exercise his conversion), dividend growth investors looking at the stock increases the potential buy side of the equation while future buybacks (when allowed by the Fed) will reduce the supply of available shares.
    Remember back to when we first learned about investing in Finance class (for some of us it's a longer way than others) that, over time, a stock's price should be a function of its earnings and dividend growth potential. These are two areas BAC should shine.
    Aug 30 10:41 AM | 1 Like Like |Link to Comment
  • Bank Of America And Merrill Lynch Avoid Death Penalty [View article]
    If my son (a college student) is any indication, he is with BAC because of their mobile banking apps. He likes being able to do most of what he needs to on his iPhone. Wave of the future and BAC is leading in technology.
    Aug 22 08:57 AM | 3 Likes Like |Link to Comment
  • Retirement Strategy: The Absurdity Of Believing That Dividends Don't Matter In Retirement [View article]
    Good solid advice RS. Besides, are there ANY of these great dividend paying companies whose stock has NOT appreciated over time? You cannot continue to increase your dividends if you aren't increasing your profits and you can't continue to increase your profits without also increasing your stock price over time. It's really that simple.
    Aug 12 09:08 AM | 4 Likes Like |Link to Comment
  • Retirement Strategy: Some Dividend Champions Are On Sale Right Now [View article]
    RS - F is my favorite in the group. Even though it's a cyclical and not an "aristocrat" it sports a low PE, sound management and best of all a family that owns an enormous amount of the stock and has a vested interest in keeping those dividends (about 3%) flowing and growing.
    Aug 11 08:50 AM | 3 Likes Like |Link to Comment
  • Buying The Dip Selectivity In Energy [View article]
    Concerns about the Ukraine-Russia conflict and its impact on oil prices?
    Aug 8 11:15 AM | Likes Like |Link to Comment
  • Bank Of America Is Nearly 'Off The Hook' [View article]
    QTR - I have to admit I'll miss all the "colorful comments" as the controversy around BAC starts to recede. I know of no other stock that has commanded the venom/vigor of so many investors as this one.
    One tenet I learned when I started investing almost 40 years ago (and one of the few worthy ones repeated in the movie Wall Street) was "don't get personal about a stock". I don't, but I do enjoy reading the comments of the many who don't follow this tenet. Wonder what stock will take its place.
    Aug 7 04:42 PM | 1 Like Like |Link to Comment
  • Why I Bought Shares Of Bank Of America Today, And You Might Want To As Well [View article]
    Have to admit that I will miss all the "colorful comments" that accompany any BAC article as the controversy recedes.
    Aug 7 04:28 PM | 1 Like Like |Link to Comment
  • Why I Bought Shares Of Bank Of America Today, And You Might Want To As Well [View article]
    RS - you purchased today, but I assume for your growth portfolio and not for your BTDP? They beat my Labor Day prediction (assuming they can get this signed off by the end of the month - details still being worked on). Market has been in a current downdraft. No pop today is not a function relating specifically to BAC. Continued downdraft should have your followers keeping their BTDP spreadsheet handy!
    Aug 7 04:24 PM | 2 Likes Like |Link to Comment
  • Bank Of America To Take Out Their Checkbook, Buying Time In Sight [View article]
    You are correct. The reality though is that the due diligence was pretty rushed as Ken Lewis wanted the deals done. Still a BAC issue, but my point is that it was more due to Ken Lewis (and their former CFO) than it was a Brian Moynihan issue.
    Aug 7 03:42 PM | Likes Like |Link to Comment
  • Bank Of America To Take Out Their Checkbook, Buying Time In Sight [View article]
    Important to note that only 4% of the toxic mortgage investments actually were originated by BAC itself (according to today's WSJ). They inherited 96% of their problems of which about three-quarters came from Countrywide and the rest from Merrill.
    Downtrend in the overall market seems to be continuing today so that the good news is just keeping BAC from tanking with the market and not going up.
    Good news going forward is that you can analyze BAC based on its fundamentals and not be as concerned by all the other issues.
    Aug 7 11:22 AM | 2 Likes Like |Link to Comment
  • Retirement Strategy: Preparing For The Unknowns [View article]
    RS - as you say, people must make their own decisions. Regardless, there is a lot of good sound advice in your article. I look at an annuity as a kind of "sinking fund". If you don't have the ability or capacity to put that money away for your future, then an annuity would make sense.
    The tenets you've outlined are all good though. I am going to make sure my 20 year old son reads it. He worked this summer and made about $4,000. I want him to get into the habit of saving. I am making him give me $1,000 towards his car insurance (about half the cost) and will take that money and have it put into a Roth IRA for him as the underpinning of an account that I expect him to contribute to annually from summer earnings and monthly once he starts working (or into a Roth 401k if his employer has one). I also have an article on Roth 401k's for him to read to understand the miracle of compound growth.
    "Pay yourself first" was the best financial advice I ever received (from my uncle and financial mentor). I hope he appreciates it also.
    Thanks for the financial continuing education!
    Aug 6 10:41 AM | 1 Like Like |Link to Comment
  • Who Will Be Swimming Naked When The Tide Goes Out? (Part III) [View article]
    Bret - Were the ends of QE1 and QE2 telegraphed as much as QE3 has been? If not, do you think the add'l communication on the termination of QE3 might limit some of the carnage seen at the end of QE1 and QE2?
    Aug 5 05:00 PM | 3 Likes Like |Link to Comment
  • If Bank Of America Can Settle With The Obama Administration, It Could Become A Deep Value Play [View article]
    Don - I think you laid out a pretty good analysis (at least once I got up off the floor from falling out of my chair to read it). Waiting now for "fun fun" to lambast you as some sort of traitor.
    The last actual offer from BAC (supposedly rejected by DOJ) was $14B. I still think a deal gets made by Labor Day. The administration wants to trumpet the "win" of making the poster child of evil banks pay for their prior indiscretions before the elections.
    As the economy recovers further, more people find employment (or better employment) and rates start to rise the bank's profits should start to ramp up (subject to putting the DOJ lawsuit behind them).
    Aug 4 11:30 AM | 1 Like Like |Link to Comment
  • Retirement Strategy: The ETF Only Portfolio Vs. Buy The Dips Portfolio: Update For July [View article]
    1. I am curious if the past two trading days are the beginning of a downturn for a period of time (don't know how long and even if it continues I still believe it is temporary).
    2. You have measured the past 5 months, which has pretty much been an up cycle.
    3. Curious how the comparison would be in a down cycle or down month. Will the ETFOP hold up better than the BTDP in a down month (less alpha being a benefit)?
    Don't know the answer to these points. Would just feel better about making a comparison over both an up/down cycle.
    Maybe one does better in an up cycle and the other does better in a down cycle?
    Be fun to watch.
    Aug 3 02:49 PM | 2 Likes Like |Link to Comment
  • Ford Motor Company: Where Is The Upside? [View article]
    Very good point. The biggest negative to F in the future will be increasing interest rates. Might impact average sales price more than the demand. Another thing to look for would be some upward pressure on wages. That might help offset some interest rate increase (though a double-edged sword as it would likely be a cause for increased rates).
    Also take note of any weakness in the residential construction market (where a lot of the pickups are being purchased).
    Aug 1 04:40 PM | Likes Like |Link to Comment
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