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Ed Bickford, CPA

Ed Bickford, CPA
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  • Apple: Take The Money And Run [View article]
    Having owned Apple since it was about $30 I have been tempted to sell several times. But each time I think about what Sir John Templeton said when he was asked when it was time to sell a stock. His reply was "When you find something better to buy".
    I'm still looking. Anyone have any suggestions?
    Sep 8 09:54 AM | 7 Likes Like |Link to Comment
  • 2 High Yield Picks From The Pages Of This Week's Barron's [View article]
    BBEP is up 24% in the 6 months since I bought it and has a 9.2% yield. I wish more of my holdings were "Dead Money". What else do you suggest we don't buy?
    Jan 14 06:15 PM | 5 Likes Like |Link to Comment
  • Microsoft's Big Announcement On Monday: Rumors Are Swirling [View article]
    I'm sure whatever it is it will pose the same threat to Apple as the Zune did.
    Jun 17 08:58 AM | 5 Likes Like |Link to Comment
  • Apple Stock Split: 2 Theories [View article]
    Interesting idea, buying Apple products because you own the stock. For me it was the opposite. I bought Apple stock after I bought my first Mac back in 1982. The stock has done OK since then.
    Jun 5 06:09 PM | 4 Likes Like |Link to Comment
  • Sell Your Linn Energy And Pick Up Pioneer Southwest At A Cheaper Valuation, Bigger Yield [View article]
    You are correct Thomas, you cannot and should not try to comment on everyone's tax situation. I think a simple disclosure at the end of your article would work such as:

    "As there are significant tax implications in a trade of this kind your personal tax consequences should be discussed with your tax adviser"

    But on the other hand you can always count on Reel Ken to cover that for you.
    Mar 12 02:52 PM | 4 Likes Like |Link to Comment
  • Retired Investors: Let's Take A Closer Look At The S&P 500 Index Fund [View article]
    Bob - Another great article. You have done a good job of taking responsibility for your financial well being mostly by understanding what you are investing in. I would point out that in addition to knowing what your index and mutual funds own it's also important to know what you are paying that fund manager for the job he is doing.
    Nov 16 06:35 PM | 4 Likes Like |Link to Comment
  • The Real Reason Apple Keeps Going Down [View article]
    Tusc - Your theory is right on target. I expect the next run to occur before the 1st quarter earnings come out in January. The question is how high will it go before the selling and negativity begin again. With or without a new catalyst I expect a blow out quarter.

    Long Apple since 2002.
    Nov 9 06:18 PM | 4 Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Retiring Without A Million-Dollar Nest Egg - Part III [View article]
    Another great article in the series. I share your goals and risk tolerance as I fortunately have a few years left where I can afford to take on a higher level of risk. I'm curious how you trade the Royalty Trusts as they are a depleting asset. Do you have a set point where you sell? I have found that MLP's tend to offer a higher total return than the Royalty Trusts, if you buy the right ones.
    Jul 22 10:11 AM | 4 Likes Like |Link to Comment
  • Apple TV: To Infinity And Beyond [View article]
    With the iPhone and iPad growth in China you may miss the next run up if you wait for AppleTV. I would wait for the next selloff and then get in.
    Jun 19 03:57 PM | 4 Likes Like |Link to Comment
  • 4 Reasons Why the Goldman Sachs Fraud Scandal Is So Dangerous [View article]
    "The timing of the scandal couldn't be worse.."

    You are so correct! During the day on an expiration Friday. It is almost as if it was timed to cause the most disruption of the financial markets possible. Obviously the need to punish GS and generate public support for financial reform has been placed ahead of the stability of markets.
    Apr 18 02:25 PM | 4 Likes Like |Link to Comment
  • American Capital Agency: Not A Terrible Q1, But The Dividend Is Still Not Sustainable [View article]
    Dane - I don't think it will happen this year. Scott is correct in his explanation of the 90% rule. I agree with you that the timing of the dividend cut is not the major issue, it is the sustainability of the dividend and the decrease in NAV that will occur by maintaining that dividend that are more important. It will be interesting to see what Kain does in the next few quarters. Even though the dividend may be paid the rest of the year the price could drop by more than the dividend rate so I will watch it for a while and come back in if and when the price drops. I decided to take my gains and sold my position this morning. Thanks for the good article.
    May 7 10:15 AM | 3 Likes Like |Link to Comment
  • Several Theories To Explain Apple's Nosedive [View article]
    I hope you are right this time as well. I wish you weren't right when you said sell but you were and I would have done well to listen. Even though my cost basis is around $30 it still hurts to see those profits evaporate.
    Jan 30 09:02 AM | 3 Likes Like |Link to Comment
  • A Real Dividend Growth Machine: 2012 Review [View article]
    Tom - What a humble comment for a 91 yr old man to make! Love your attitude!
    Jan 16 11:04 AM | 3 Likes Like |Link to Comment
  • Dividend Growth Safety Superstars - 2012 Update [View article]
    Moderation - If you want to invest in MLP's indirectly a closed end fund is one way to do so and avoid K-1's. One that I like and own in a tax deferred account is KYN. They are currently yielding around 7.2% and issue a 1099 instead of a K-1.
    Jan 6 10:47 AM | 3 Likes Like |Link to Comment
  • Buy Apple Now While It's Cheap [View article]
    "As the heavy hitters pile out at new highs, they are just as likely to pile back in when the stock is both cheap and ripe for holiday earnings, and those that thought Apple had seen its best days are likely to follow suit."

    And those that recognize that and increase their investment "when the stock is both cheap and ripe for holiday earnings" will do quite well. Now is the time to buy. Thanks for a good article!
    Oct 10 05:28 PM | 3 Likes Like |Link to Comment