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  • Bank Of America: A Deep Value Juggernaut Ready To Take Off [View article]
    Hopeful 17 I simply cannot relate to your problems. I have used BAC for at least 15 years and have moved from one state to another in that time. The customer service people on the telephone have always been courteous and helpful in resolving my very minor issues and the local branch people (who I rarely see) know me by name and are most helpful and courteous as well. I find the service very good and the national reach while traveling important.

    Nov 24, 2015. 08:40 AM | 2 Likes Like |Link to Comment
  • Value And Taxes: Breaking Down The Pfizer- Allergan Deal [View article]
    And yours as well.
    Nov 24, 2015. 08:33 AM | Likes Like |Link to Comment
  • General Electric: Hey, Don't Forget About The Dividend [View article]
    GRC I am not saying the Immelt didn't make errors in judgment or that he knew that the financial crisis was coming and did nothing. Welsh was the architect of the GE Capital growth. While the economy was growing ad doing well it looked like a good strategy. The last dividend increase before the financial crisis was in December 2007, did you or anyone else see what was coming? I certainly did not nor does it appear that most financial professionals and financial institutions expected the meltdown.

    With hindsight it is easy to say what should have been done. My question for you is the market peak before the recession was in October 2007, were you smart enough to sell everything and go into cash so that you could buy in February 2009 at the low?

    Nov 24, 2015. 08:30 AM | Likes Like |Link to Comment
  • MLPs - Yes, They're Okay In Your IRA And Other Tax Questions Answered [View article]
    rlp very well documented. I have and continue to agree with you. However, I am fairly certain that many SA commenters will continue to argue that you are wrong and that they know more than you. Should be fun to watch.

    This is why I have MLPs only in our taxable account. I would rather pay taxes of disposition from our taxable account that deplete the tax deferred ones.

    Bikerguy, retired CPA
    Nov 24, 2015. 08:20 AM | Likes Like |Link to Comment
  • Bank Of America: A Deep Value Juggernaut Ready To Take Off [View article]
    Hopeful17 as a long time customer and investor I could not disagree more. BAC has been a terrific bank for us and our needs. We find the local management personnel responsive, competent and very helpful, even recommending products that assist us while reducing the bank's income.

    Bikerguy, long BAC and will consider adding more.
    Nov 23, 2015. 05:05 PM | 6 Likes Like |Link to Comment
  • How High Can Kinder Morgan's Dividend Go? [View article]
    You are correct that it is possible that US production will go down somewhat. Since moving oil by rail is much more expensive, both in dollars and environmentally, that I would anticipate that rail shipping would drop before pipeline movements.

    Nov 23, 2015. 08:38 AM | 1 Like Like |Link to Comment
  • General Electric: Hey, Don't Forget About The Dividend [View article]
    Rightly right would you have preferred that the GE board not cu the dividend in 2009 and watched it very likely go bankrupt? The management and the board must do its best to keep a company viable. GE, as a result of Welsh's insatiable desire to grow GE Capital at any cost, nearly bankrupted the company during the financial crisis. The board was force to cut the dividend and sell preferred stock to BRK at a sweetheart deal to remain solvent. As a long time holder of GE I would rather see the company survive. Perhaps you have a different opinion and/or explanation.

    Nov 22, 2015. 11:33 AM | 29 Likes Like |Link to Comment
  • Retirement Strategy: Is Now A Good Time To Begin A Retirement Portfolio? [View article]
    26891393 like you I am retired. However, holding a loser hoping for it to improve is generally a bad idea. There are many equities that are on sale at the moment. Selling and redeploying to increase your income can be a very good think. I recently took some loses but reinvested the funds into better and higher yielding equities that over time I think will outperform those sold. While you hold XLE waiting for it to increase other better investments may be increasing even more so that while you may not have a realized loss on the sale of XLE you may have en economic loss on the buy of its replacement because of the relative change in market prices and the lost additional income.

    Best of luck with your investing

    Nov 21, 2015. 02:11 PM | 12 Likes Like |Link to Comment
  • Blue Light Special: National Health Investors [View article]
    Rose I have been in NHI since 2012 and have added to my position three times. Most recently at just under $56.It has been growing its dividend just over 30% during my holding period. It is my largest REIT position.

    Nov 21, 2015. 02:06 PM | Likes Like |Link to Comment
  • If I Had To Build An Income Portfolio Today - Update 1 [View article]
    kussey the problem with fixed rate preferreds are two fold. 1) the preferred goes down in value when the interest rates rise, this doesn't help me sleep at night any better than a high quality REIT. 2) You may get your $25 back should the issuer choose to call the issue and while you will get back $25 inflation will have effected it as well. If you sell it into the market you will get whatever the market dictates on that day, maybe more maybe less. The company will only call the issue if it is their best interest not yours. Finally, the yield is fixed while many high quality REITs and others have increased their dividends for many years and most likely will into the future increasing the yield on cost. While I don't think YoC is generally a meaningful metric it is when comparing common stock returns with preferred stock returns since the preferred yield is based upon the fixed dividend rate and the investor's I=original cost.

    Nov 21, 2015. 01:51 PM | 3 Likes Like |Link to Comment
  • If I Had To Build An Income Portfolio Today - Update 1 [View article]
    hugh in retirement it is hard to live of the income generated by BRK. The only way to have cash flow is to sell the cash cow. I would rather collect the milk than sell the cow bit by bit. I can reasonably project my cash flow from dividends. However, I cannot reasonably predict the share price of BKR (or any other investment) when I need the cash for living expenses.

    Nov 21, 2015. 08:59 AM | 8 Likes Like |Link to Comment
  • If Puerto Rico Does Not Receive A Lifeline, It Will Sink [View article]
    Mark in many ways the same is true of the federal government. Many people (47%) do not pay taxes, they live off of government services and the government employs too many people doing redundant and, in some case, unnecessary jobs. Add to this the squandering of money on additional give aways.
    Nov 21, 2015. 08:54 AM | Likes Like |Link to Comment
  • 10 Top Healthcare Leaders Yield 3.41% To 15.58% As Of November 13 [View article]
    Nov 21, 2015. 08:47 AM | Likes Like |Link to Comment
  • If I Had To Build An Income Portfolio Today - Update 1 [View article]
    just-an-opinion if you are invested in mutual funds and ETFs that are yielding between 6% and 7% then you are taking on quite a bit of risk. You may not recognize it since you are in funds but it is there. It is either through leverage inherent in the investment or high risk holdings. I am always amazed that individual investor that would never consider using margin will effectively di the same thing but investing in highly leverage ETFs, and financial enterprises such as mREITs.

    Best of luck with your funds.

    Nov 20, 2015. 11:21 AM | 11 Likes Like |Link to Comment
  • If Puerto Rico Does Not Receive A Lifeline, It Will Sink [View article]
    Investors should understand risks and rewards before investing. It is my understanding that states also cannot declare bankruptcy so why should Puerto Rico be able to do so? I hold a small amount of Puerto Rico debt maturing on 12/15 and 7/16. I am not at all concerned. Why? I understood that Puerto Rico has been borrowing for years to fund its operations so I only bought insured short term debt. Blaming the Republicans, as this author appears to be doing, is counterproductive and wrong. Defaults happen, I have held bonds that have defaults and may be holding some currently that will, it is part of investing.

    Unfortunately, litigation is also part of the investing scenario today.

    Nov 20, 2015. 11:07 AM | 2 Likes Like |Link to Comment