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  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    It is a matter of lack of experience. Kids who think they are smarter than us tend to get all excited. If you live long enough, you have seen multiple recessions and crashes, gas up and down, bankruptcies, happened and will happen again, it is just the same stuff recycling themselves.

    I picked up some really unbelievable great buys in 2008, 1,000%-2,000% up. Only regret is I did not buy more. Recession and market crashes are not bad things for everybody. 2007-2011 were the most profitable years for me.
    Feb 21 12:55 PM | Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    China bought more US debt, now holds $1.3 trillion US debt, I don't know why people complain about that, we print they buy, what better business than printing money? In terms of Gov debt, we don't even have to print paper money, saves paper, eco-friendly.
    Feb 21 03:08 AM | 1 Like Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    There is actually something bigger to worry about, in today's paper, scientist found out the universe will go kaput in x billions of years. Here we are worrying about Reader's Digist or Detriot going bankrupted, I for one am far more worried about universe going bankrupt in X billions years, the fact that scientists did not specify the date is most worrisome to me, what are they trying to hide? Tell me! I can handle the truth.
    Feb 21 02:52 AM | 3 Likes Like |Link to Comment
  • 20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
    None of the 20 points are anything new. Since when gasoline going up or down is news? or magazine, casino or Detriot going bankrupt is news? it is amazing Sear, Penny, BestBuy or RadioShack are still in busuiness, sequestration is good news except it will never happen, fire 20% of all government workers and life goes on. Chicken Little Sky Is Falling gets old and tired, you got to come up with something really shocking and we have not heard before.
    Feb 21 01:02 AM | 1 Like Like |Link to Comment
  • OfficeMax And Office Depot : 4 Reasons Why 2 Wrongs Make A Right [View article]
    You do not need to be No.1 to be a successful and profitable major company. If your child is not No.1 in the class, that does not mean there is no future for this kid, far from it.

    I will keep my ODP shares, if I sell it, that $9,000 will just disapprear into a river of numbers in annual tax returns and forgtten, water under the bridge, money I will not spend in my lifetime. It is more interesting to see it in portfolio list, it will make me happy for 1 second everytime I see it, and makes me live 1 second longer each time.
    Feb 20 12:21 PM | Likes Like |Link to Comment
  • OfficeMax And Office Depot : 4 Reasons Why 2 Wrongs Make A Right [View article]
    I could never understand why Staples always have done better than ODP through the years, to a consumer, Staples stores are no better than ODP, all nice, clean and bright, prices about the same.

    I was in an ODP store last week, bought a keyboard and a mouse for a new staffer, plus 2 cartons of copy paper. It was after work, I was in suit and tie, only 2 or 3 customers in that store. A businessman looking at printers, nobody talked to me or introduce the printers to me. I could've bought a printer if the sales staff is good, regardless of the price, I always think professionalism should be rewarded. Not to mention no one approached me at the keyboard or mouse section, no help from anyone for those 2 cartons of paper each weighing 10,000 Ibs (since you are there, can you please pick up 2 cartons of paper?), can't fool me again. No worker in a big empty ODP store knew I was there, from entry to exit, except the cashier.

    No complain, I am used to it, we all expect that in all chain stores.

    Another thing I cannot understand, why are Staples and ODP online prices higher than ads or stores? after a couple visits, one figured it out and don't even bother to check their sites anymore. I see many Staples phone orders invoices and emails, ofice manager does the buying.

    When ODP first came out, the independent stationery stores said it does not matter, because it is a matter of personal services, they know their customers and they have personal services, we all know what happened to your neighborhood stationery stores and national catalog houses, all died, ODP killed all of them, superior personal services did not matter back then.
    Feb 20 03:29 AM | Likes Like |Link to Comment
  • OfficeMax And Office Depot : 4 Reasons Why 2 Wrongs Make A Right [View article]
    Yes, you are correct, all look same. Staples, ODP, OMX, same. It is a matter of price and convenience. I have no love nor hate for any of them. I just bought another HP printer, saw it in ODP at prices about 25% more than online, bought online from HP directly on last Friday, even cheaper than Amazon, received it on Monday. I don't always hunt for the last penny, but there was no difference where I buy a printer from, ODP store was not in anyway shape or form pleasant, better or worse. I think merger will be OKed, because they are irrelevant.

    There will always be more than one in the office product field, I don't worry about ODP/OMX going away, but in general, I agree 2 losers make one big loser in the long run, but even being a loser is still a huge company.

    Sept 2012, I read in paper ODP was $1.80, so cheap, so I bought 2,000 shares, make $6,371. Had OMX before until Mexican guy Slim bougth OMX and took it private.

    Question is, DO I SELL NOW? or do I keep? High was $6, close is $5. will it touch $6 again?
    Feb 19 11:39 PM | Likes Like |Link to Comment
  • Robert Shiller: Don't Invest In Housing [View article]
    A luke warm home real estate market is the best, just slowly but surely going up, feels like it is not going anywhere or going down, but in decade(s), it will be the smartest investment. That 1%, 2%, 3% compounded appreciation is powerful.

    Another benefit is a slow market chases away speculators, bottom feeders want fast flippings, they all talk big but have limited fund, house rich cash poor, they cannot afford to sit on houses for too long.

    All real estate is local. You may think most young Americans are in trouble, I think reverse is true. We are not the only smart buyers who waited, most people did exactly what we did. They have cash ready and extremely anxious to buy a home, 1/3 of all California real estate transactions are 100% CASH, and most are not foreclosed homes nor speculators. There is no shortage of young workers from hitech to blue collar able and ready to buy homes.

    There is one issue about real estate speculators, they are generally viewed in negative term, the realitiy shows more or less confirmed that image. Not a respectable trade to be in.
    Feb 19 08:12 PM | 1 Like Like |Link to Comment
  • Monthly Pay Dividend Dogs: February Stocks Vs. Funds And Trusts [View article]
    There must be investment genius who can win them all, everyone else who claim such are arrogant idiots, fools, liars, fraud, young or all of the above. Such genius is busy with his private island, jet, boat and super models, he does not waste time on SA forum.

    We all have spectacular winners, but losers will cancel out a big chunk of the gain. After 25 years of investing, I have not been able to eliminate losers, nor can the professionals win them all.

    80-20 rule, regardless and despite of of how much I read and studies each security, 20% of what I buy will lose money, 20% will make money, rest will stay even. I accepted the fact that they cannot be avoided, I invest based on the assumption that I will have 20% losers.

    I build a wall, I play defense. That wall is dividend.

    The bricks I use to build that wall is many hi-yield ETFs (since 2003), including some Arnold listed and more. It is a race against time, build up the dividends in that security before it drops (regardless of why), in most of the losers, dividends received will cover the share price lost.

    The average drop for my hi-yield ETFs during great recession was 26%, far better than -50%+ in stocks, some stocks never come back, but all ETFs came back up. Defense, I know the market will drop again and again at some points, hi-yield ETFs is my defense to minimize loss and for best recovery chance.

    Hi-yield Dividend is an addiction and safe harbor for millions, those millions will push most prices back up.
    Feb 18 01:07 PM | Likes Like |Link to Comment
  • Robert Shiller: Don't Invest In Housing [View article]
    At certain point, the ultimate definition for "Success" depends on if you own your home, it is in our DNA. At some point, the question from your mother, friends and families and even within yourself, "If he is so rich, how come he does not own his home?" The talk of "He does not even own his home, he is a renter" shatters any claim of success. Inevitable and unescapable. One can explain, analyze and debate all he wants, but that ultimate definition of success lingers.

    In the last 10 years, market condition was wrong, but we reached a point when that is no longer convincing to everyone and self. You saved your bullets for the right moment, you don't want to be standing there on the platform after the train left the station, you need to make a judgement if that moment is here or not.
    Feb 16 12:35 PM | Likes Like |Link to Comment
  • A Housing Recovery Investment, And A 15% Dividend Yield Opportunity [View article]
    I read elsewhere Silver Bay buys foreclosed properties, but I see no mentioning of this anywhere in the article or comments, except in one post, none in all other TWO articles. Assuming the info is correct, regardless of the merits of such business, it is significant and should be pointed out and discussed.

    Buying, renovate and rent out foreclosed homes is not a nagative to me, I am interested and want a piece of that action, but don't want to get my hands dirty, so I bought TWO today.

    I understand the risks, I was in a private partnership in late '70s which owned and rented 50 foreclosed houses in Phoenix, it died of a slow death, entire investment gone in many years, only benefit was the tax writeoff. It reminded me this is just another cycle, it happened before and will happen again.
    Feb 16 12:40 AM | Likes Like |Link to Comment
  • BlackBerry 10: Too Little, Too Late To Save Investors [View article]
    All 89 posts by Stevey Boy are on BBRY, same guy(s) under different names, he is paid by the quantity of posts by BBRY, thus all posts are short. This is a common PR tactic. Shows you how much confidence BBRY has in itself and its new products.

    Now he/they are exposed here, the smart thing to do is to adandon this article and post in other BBRY articles, because the more he posts here, more people will read and find out all these posts are paid for by BBRY. Time to move on, there are greener grass everywhere but here.
    Feb 15 11:35 PM | Likes Like |Link to Comment
  • Is Two Harbors The Right Stock For Your Portfolio? [View article]
    Silver Bay buys foreclosed homes, renovate and rent out. I like to get in on that, so I bought TWO. Better than try to do that myself and get my hands dirty.
    Feb 15 06:01 PM | 1 Like Like |Link to Comment
  • BlackBerry 10: Too Little, Too Late To Save Investors [View article]
    All your 60 posts are about BBRY, you are hired to post for BBRY, you get pennies per post, quantity regardless of substance, all meaningless.
    Feb 15 05:16 PM | Likes Like |Link to Comment
  • 13.71% Dividend Payer Armour Residential REIT's Charter Change Should Help It Succeed [View article]
    I know nothing, just when I think I got it right, something will happen to wipe me out. I need things I can buy and forget, so I can work, not speculate in the market.

    My Mission statement is simple: Don't lose money.

    I started investing in Hi-yield CEFs in 2003, switched to almost all high-yield junk CEFs by 2006, so 10 years is pretty long experience, rode through great reccessions, money in and out for other investments or real estate. When I started, I thought there must be something wrong or fraud with these CEFs, how can it be so good with 5%-8% dividends, the only way to find out is to throw money into them. and they just kept on paying and paying and paying, many Pimco funds, MFS funds, etc.. Very stable in limited price range.

    I sat through hundreds of meetings with investment advisors as I sit on some boards and on corp investment committees, when market is good, they are all smart, when market is bad, everything dropped. So my monkey is just as good and free.

    Nobody win them all, not even the professionals.
    Feb 15 04:09 PM | Likes Like |Link to Comment
COMMENTS STATS
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