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  • BlackBerry 10: Too Little, Too Late To Save Investors [View article]
    If you click on those BBRY supporters' names, you see one common character, all comments are about BBRY, and short history. This leads me to suspect these are hired guns, one or few individuals working under varies names.

    I read China has many of these shops for these services, they get a few pennies for each comment supporting their clients, they search out all online subjects about their clients, and post as many and as often as possible, something like 5 cents a comment. Our company was offered such services by PR firms, we declined because we thought it is not honest.
    Feb 15, 2013. 03:45 PM | Likes Like |Link to Comment
  • The One Thing You Must Remember Before You Buy Another Stock [View article]
    We all have our own logic at the time of buying a stock, I rather not revisit the history on them, but they serve as reminders to me in my portfolio, which used to be all solid blue chip stocks to stay forever. We all have our winners and losers, to me, it is more important to remember the losers than winners.

    My first stock was Pan AM, 2nd was Apple, both in '80s. Pan Am was the safe one to last forever, Apple was the crazy one to lose. Guess what happened?

    I am not a gambler with zero interest in gambling, but I am forced to gamble in this Wall Street casino, because we all have money we need to put in places. I have 2 sons in early 20s, kids talk big and think they are so smart, so I gave each of them $100K and show me what you can do, do whatever you want to do, buy toys or show me $10K profit. 1st good news, not a penny is spent on toys. 2nd good news, they found out stock market is a casino, not so easy to make money, the only sure winners are the dividends they received. Conclusion, their father is not as stupid as he looks and they are not as smart as they thought they were.
    Feb 15, 2013. 01:03 PM | 1 Like Like |Link to Comment
  • Robert Shiller: Don't Invest In Housing [View article]
    I think the common commission is about 4% these days, 2% each side, whatever companies take, and in some cases, cash refund to buyers, in our case, it was $5,000 from the buying agent; she did not do much, we called her when we were ready to buy that specific house we found at asking price.

    I don't know how other houses are sold, but among our recent experiences, there is generally a 4 to 8 pages color brochure letter size catalog, web site, virtual tour, half or full page color ad in real estate magazines, some sort of cheese wine receptions. I've seen some flyover aerial view. As seller, I recalled agents promised us some or all of the above will be used. Agents' expenses can build up fast with no guarantee it will sell, pressure from sellers and lose the contract once expired.

    I am not an agent and I keep a safe distance from real estate agents, but they have their marketing cost, the more expensive it is the more need to be done.
    Feb 15, 2013. 03:26 AM | 1 Like Like |Link to Comment
  • BlackBerry 10: Too Little, Too Late To Save Investors [View article]
    It is actually quite sad and puzzling to read all these emotional comments, either they lost money on the stock or speculators trying to move market, almost all one sided, same on every article about BBRY; that is not logical, whatever is said here or anywhere will not change BBRY's price or destiny, whatever that maybe.

    What I noticed that is very unusual is the emotion involved, which is difficult for me to understand. I never love any stock, I don't love my phone, I don't love apple or google or any company, I never fall in love with the merchandise, it is always logic and numbers, whenever emotion is involved, the deal always goes bad; whenever a competitor gets emotional, you won. Nobody gets so emotional with an investment.

    Puzzling behavior. Why? do these people really love a phone that much? adults don't do that. For money? try to move the stock up? desire to make money makes more sense to me, but how can that be done with irrelevant comments here? seems futile.
    Feb 15, 2013. 03:02 AM | 1 Like Like |Link to Comment
  • The One Thing You Must Remember Before You Buy Another Stock [View article]
    Mmm, buy and hold, what a great idea. I have 2 old year 2000 purchases I intentionally keep in my portfolio as reminder to myself not to make the same mistakes again.

    GE ($50 vs $23 today) and MSFT ($43 vs $28 today). Blue chip, solid finances, biggest of the giants, things I use daily, you simply cannot go wrong. 13 years gone by, I shall continue to hold these 2 suckers and ride them waves.
    Feb 14, 2013. 10:04 PM | Likes Like |Link to Comment
  • Teekay Tankers Ltd. - An Alternative Analysis [View article]


    I was so impressed with the exchanges I bought 1,000 shares today at market, I don't trade, will hold, watch or add.

    Thank you for the article and to all for the exchanges. A thinly traded stock in a sub-category of a forgotten and beaten industry with very few articles and interest; yet when the moon and stars are aligned in the right positions, a fountain of knowledge and talent emerged, then quickly faded away. I read and sat here said to myself, "What just happened?"
    Feb 14, 2013. 09:00 PM | 1 Like Like |Link to Comment
  • Monthly Pay Dividend Dogs: February Stocks Vs. Funds And Trusts [View article]
    Forget advisors, no respectable advisor will allow you to put money in any of these issues. To them, this is the slum and ghetto, a nice lady like you should not go there.

    The higher the div the more risky it is, that is basic. I kept 2 stocks I bought in year 2000 in my portfolio just to remind me, MSFT ($43 in 2000 now $28) and GE ($50 in 2000 vs $23 today), how safe is blue chip GE? how is it possible anyone can lose money on GE? conclusion is they are not safer than hi-yield junk, junk is not junk.

    I chase div, div accumulated through many years is the best defense for me. Most will be solid, in few cases where I lost on price but made enough div to cover it, for me, that is okay, you can't win them all. Rule No.1, don't lose money.

    I read and I study, but frankly I don't know, just too complicated for me and I got a real job. I accepted this is a casino that I am forced to play in, I have money that must be put into places. I want investments I buy and forget. My method is time-proven, MTD, i.e. monkey throw darts. Spread them out in 2+ dozen high-yield CEFs, REITs, etc.. and went about my life.

    Thanks for the list, I added one or more each time I read it.
    Feb 14, 2013. 05:04 PM | 2 Likes Like |Link to Comment
  • 3 Less Known mREITs With Strong Momentum [View article]
    According to what I read today, Silver Bay buys, renovate and rent foreclosed homes.
    Feb 14, 2013. 04:29 PM | Likes Like |Link to Comment
  • Could Apple Be Working On The 'iBank'? [View article]
    Thanks for article and enjoyed reading it, well done. I normally do not read Apple news, maybe it is old hat to others, but I found it very refreshing. I know they are super busy working on some new hardware(s).
    Feb 14, 2013. 03:26 PM | Likes Like |Link to Comment
  • Could Apple Be Working On The 'iBank'? [View article]
    Am I going to buy more APPL because of this? of course not. You read about new apple rumors all the time, it was iWatch last week with some ugly watch picture. But this does remind me that APPL will have something shocking coming, I have no idea what it maybe, but it is a given that there will be new products, seems there is no shortage of "shocking" new ideas, so let's assume they will be shocking.

    I have a friend who works for Apple in new products, but forget about trying to get a word out of him, I don't even joke about it with him, he has been super busy, as always, whole team flying to China for extended period of time, so they are busy working on something. But Apple has a habbit of canceling new products suddenly after spending huge sum and time on them. I tend to think all these rumors are just wild guesses and far off the target, they are extremely and totally tight.
    Feb 14, 2013. 12:20 PM | 1 Like Like |Link to Comment
  • Teekay Tankers Ltd. - An Alternative Analysis [View article]
    I accidentally stumbled into this room when studying investment issues in the shipping trade, I am extremely impressed with the conversation I heard, and the fact that I actually read every word in a trade I knew nothing about, but the exchanges were so professional, I could not stop. This is exceptional and rare on SA or anywhere. Top quality and professional conversation. Thank you.
    Feb 13, 2013. 10:19 PM | 1 Like Like |Link to Comment
  • Could Apple Be Working On The 'iBank'? [View article]
    Plausible, logical, doable and clever. That is what have been missing for a few years, some big wacko idea that is just, as they say, paradigm shifting.
    Feb 13, 2013. 05:49 PM | 5 Likes Like |Link to Comment
  • The One Thing You Must Remember Before You Buy Another Stock [View article]
    Yes, you are correct, I agree with you, I do worry when market is high because a correction is coming, almost all will come back, but that takes time and I am not a day-trader. BUT, what do I do? sell what I got? too drastic and a huge task. What can I do?
    Feb 12, 2013. 05:25 PM | 1 Like Like |Link to Comment
  • Robert Shiller: Don't Invest In Housing [View article]
    BUT, if I did not sell any of the houses I've sold, financially I'd have $1+ million more, because time heal all wounds and build value, regardless of valleys and peaks. 1989 house (peak of that cycle), 1996 house (bottom of market), both now worth double or triple today dispite of the RE crash and current bottom position. Even an overpaid house at the peak will turn out okay in 24 years.

    Life is not profit and loss, there were other more important reasons, such as kid's schools, moving to suburb, risk control of not wanting to support 3 properties at the same time(also have a self-use office building), or need money from one house for the next one.

    Sometimes you need to stop counting and start living.
    Feb 12, 2013. 03:26 PM | 1 Like Like |Link to Comment
  • Robert Shiller: Don't Invest In Housing [View article]
    People asked JP Getty his secret for success, he said, never buy at bottom, never sell to top. Because you cannot time it perfectly, you may miss them completely.

    Most people do not buy a home to make a killing, it is an emotional decision and a place to call home. If it drops a little, it is okay, if it very slowly appreciates in the years to come, 1%, 3%, 5%, that is okay. Beats 0.1% int. from banks or risks in the stock market. If you have enough cash to buy a home today, a home that maintains its value without profit is a solid financial choice, maybe perfect to balance the wild crazy horses in your portfolio.

    The primary price calculation is "Defense" as you don't want it to drop a lot. Your judgement is if today's price wiped out 10 years of bubble, is it back to 2003? Many real estate websites show you the price history, this is not hard to find out. I've seen current high prices as if the crash never happened and sold at those high prices, and there are prices at early 2000 level. This may or may not be the bottom, but it should be somewhere in that neighborhood, give or take a few % or 6 months or 1-2 years, does not really matter in the long run. If you over paid a little, that is irrelevant in the long run.

    Set your expectation low, all you want is a nice home to live and keep, you will not make a penny but you will not lose a penny, don't check home value, don't brag about it, keep a low profile. Once you bought a TV, you don't check prices anymore. You will do very well, anything extra that comes in the next 10-20 years will come.

    Sometimes one should not be too smart and calculate too much, if it is somewhere in the ball park, that is okay.
    Feb 12, 2013. 12:07 PM | 1 Like Like |Link to Comment
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139 Comments
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