Send Message
View as an RSS Feed
  • Don't Mistake Higher Income Tax Payments For Liftoff  [View article]
    Most Important: Higher Taxes = Less Deficit ≠ Recovering Economy
    May 16, 2013. 08:21 AM | 3 Likes Like |Link to Comment
  • Thursday: Market Reaction To Chairman Bernanke Will Tell You How To Position  [View article]
    This is an excellent article. I consider myself to be a laissez-faire value investor. Today (Thursday 6/7/12) everyone breathlessly awaits Big Ben's words. IMHO the money monopoly known as the Fed has become an instrument of the White House. (Who else creates money based on ??)
    I say let free market capitalism return and those who fail, fail. We've somehow managed to maintain and increase our financial stature in the world for the past 200+ years. And then S&P thought otherwise! Are we, the citizens, allowing the current "hands-on" policies to prevail because we're too big to fail? Where have all the leaders gone?

    Good job Mike; remain teachable
    Jun 7, 2012. 10:06 AM | 2 Likes Like |Link to Comment
  • Stocks: Why One More Major Correction Still Lies Ahead  [View article]
    Exc current stck pix. But don't read beynd opning few lines lest it rain on your sunny Mem Day wkend.
    May 25, 2012. 02:32 PM | Likes Like |Link to Comment
  • Beating The S&P 500 With An Apple-Tilted ETF Portfolio  [View article]
    Well done, easy to understand article with valuable info. Erroneously typed "No" responding to the "usefulness" or whatever. Should have been "YES+"
    Mar 5, 2012. 08:24 AM | Likes Like |Link to Comment
  • Fed's Plans Are Great News For REIT Sector  [View article]
    I'm long on NLY and have been reinvesting dividends for years. However, I believe that once the % of any holding reaches a certain point, perhaps 4-6% or so, it's time to take profits off the table. Since NLY is in my IRAs have no tax problem. I use the proceeds to then buy other top-notch dividend-producing stocks, many but not all of which constitute S&P's 51 Dividend Aristocrats. SDY, the Aristocrats ETF, gives broader diversification if that what one likes.
    Right now I'm adding to ED and analyzing NHI, UBA, NNN, UHT, SNH, CINF.
    Jan 27, 2012. 02:23 PM | Likes Like |Link to Comment
  • Europe Playing a Game of Brinkmanship: Investors Should Limit Exposure  [View article]
    A most prescient article certainly.

    I vividly recall sitting on a tour bus in Buenos Aires in February 2010. When asked about the current state of Argentinean economics the ~ 60-YO guide, a well-educated person, recalled his 2001 experience. "I felt that, with a few more years of work, I would be able to retire. Imagine how I felt one morning to wake up and find all my savings worthless. Do NOT invest a dollar of your money in my country. Kirchner = Peron."

    I thought to myself, "How long will it be before we in the U.S. face such a situation?"

    From numerous current learned writings I perceive that Greece is leading the PIIGS to slaughter. Who after them? Hard assets are, IMHO, a good place to be. Remember that there are only so many acres of desirable land in the U.S. and only so many miles of habitable shoreline. And each day our population grows.

    To repeat John's quote, ". . . . the most grossly obvious facts can be ignored when they are unwelcome.”

    – George Orwell
    May 31, 2011. 11:31 AM | 2 Likes Like |Link to Comment
  • Tackling Tactical Asset Allocation  [View article]
    I agree with David Van Knapp. Mr. Johnson, based on ??, perhaps the roll of the die, has underperformed the chosen benchmark by a factor of almost five. With the benefit of more than 20 years of wealth management experience (I began my firm five months before the 1987 crash!), I continue to favor the core/satellite approach. A stable core portfolio based on the client's objectives and time horizon and the %-wise size of the satellite portion based on risk-tolerance remains the #1 approach in portfolio design for me.
    Apr 27, 2011. 09:12 AM | Likes Like |Link to Comment
  • When Will Ben Take the Punchbowl Away?  [View article]
    Let's have a Tea Party after Ben takes away the punch bowl! The politico/economic future is horrid and I agree with Paul Farrell at MarketWatch -- "10 Doomsday trends America can’t survive"

    Succinctly, "wealth, Wall Street and the Super Rich rule America"
    Apr 22, 2011. 10:42 AM | 3 Likes Like |Link to Comment
  • 11 Stocks to Sell From Your Passive Income Dividend Portfolio  [View article]
    No to selling MO!!! Suggest you read all comments below that agree.
    Apr 22, 2011. 10:21 AM | 4 Likes Like |Link to Comment
  • All Eyes on Market Vectors Agribusiness ETF as Monsanto Reports Results  [View article]
    Regardless of world happenings, natural or man-made, the world will always need food and energy. MOO with trailing Stop a great place to be IMHO.
    Apr 7, 2011. 10:55 AM | Likes Like |Link to Comment
  • Gold, U.S. Equities, Long-Term Treasuries and Cash Make for Uncanny Retirement Portfolio  [View article]
    Please explain the Sharpe number being expressed as a percentage. Over the last 20 years or so I've seen Sharpe expressed as a number, e.
    g., 4.30, with 0.0 being the "neutral" break-even point risk/reward-wise. Your articles are most informative.
    Mar 16, 2011. 08:55 AM | Likes Like |Link to Comment
  • Best in Breed Dividend Stocks: Core Holdings for the Long-Term Investor, Part 2  [View article]
    As a retired RIA and still a CFP and expert witness I read your article with great interest. I agree with your five bullets re what constitutes a "Best in Breed". As for your stock picks, in my personal portfolio I've owned CVX,MCD,JNJ,INTC for many years and prefer KO to PEP. Nonetheless, all of your suggestions are excellent ones.

    I also have perhaps 50% of my portfolio in ETFs (MOO, GLD) and mutual funds (PTTRX, OSTIX, PCRIX + others). They enable me to get some of the best minds out there working for me in areas I don't have the time and/or desire to do due diligence myself. MO, PM and ETP are also excellent long-term dividend payers.

    Right now I'm using MINT as a holding place for my cash. The market's too overvalued and the economy and geopolitics to uncertain for me right now IMHO.

    Keep up the good work Craig.
    Feb 5, 2011. 02:24 PM | 2 Likes Like |Link to Comment
  • Real Recovery or Eye of the Storm?  [View article]
    An excellent article and comments. I remember my Dad telling me back in the '50s that "you should, at most, have only two debts; your house mortgage and perhaps your car." Neither he nor my Mom graduated from high school but I learned wisdom from both of them,. Over the years I've watched our nation's import/export ratio grow higher and our national debt load grow more burdensome. What will my grandchildren be facing thirty years from now? IMHO the goal of the current administration's political-economic experiment is to shrink America's middle class and make it totally dependent on the terribly-bloated, inefficient government. Our nation's political process is broken.

    I recently visited Argentina and listened while our very educated guide explain how Argentina is NOT recognized in the world's credit markets today and how economically barren its economy is. Much of Argentina's present situation is the result of keeping the majority of the population barely educated at best. Have you checked the quality of our secondary education lately? I sat there in Buenos Aires and wondered "how much longer does America have".
    Apr 25, 2010. 08:05 PM | 5 Likes Like |Link to Comment
  • Global Markets in Review: Risk Aversion Creeping Back In  [View article]
    Be well aware of Richard Clarida's words
    The PIMCO folks are very well informed and aware of the global economy and the inner workings and hidden government machinations
    Jan 17, 2010. 08:30 PM | 1 Like Like |Link to Comment
  • A huge study finds stimulus dollars spent on road construction had no material impact on local unemployment. The analysis reviewed $21B in stimulus projects in every state, and found no statistical difference between counties that received the most money and those that got none at all.   [View news story]
    I wonder who pocketed the money - perhaps the local politicians and the unions? The news article line that "Obama's stimulus is paying the salaries of dozens of workers" perhaps indicates that our state and local governments are quickly going belly up.
    Jan 11, 2010. 09:57 AM | 1 Like Like |Link to Comment