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31October

31October
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  • Seadrill's Cash Position Is Getting Better [View article]
    I think ShellVpower is right, because markets totally lack logic. I failed miserably to predict how far momentum could swing stocks (and the overall indices) before.
    Playing with charts gives me a guessed-at bottom (based on how it charts against indices and energy) of about $30...
    I just bought again at $32.60, because I don't want to miss it. If it hits my prediction of $30 in a couple months: triple-down. If it goes to ShellVpower's $27: quadruple down.
    When I say it could go to $27, that just means I no longer underestimate the power of stupid people in large numbers.
    Apr 17 01:30 PM | 1 Like Like |Link to Comment
  • How One Retiree Is Muddling Through Dividend Investing: Part VIII - A Year Later [View article]
    Preferreds are wonderful. When you find stocks with strong, safe financials, see if it has a *cumulative* preferred trading below par. The is upside is limited, but also limited downside danger when interest rates begin climbing, which they will.
    Mar 26 02:19 PM | 1 Like Like |Link to Comment
  • How One Retiree Is Muddling Through Dividend Investing: Part VIII - A Year Later [View article]
    Buying bonds right before interest rates are pushed up/ current value pushed down is not a good idea. Conventional wisdom is often not wise.
    Mar 26 02:13 PM | Likes Like |Link to Comment
  • Why Seadrill Should Not Pay A Dividend [View article]
    ShellVpower, stop. I need the market to hammer SDRL like a broken nail, so I can load up. I cannot buy fear, uncertainty, and doubt, if people realize it is going to eventually go up.
    "SDRL is going to cut the dividend, because there are too many offshore drillers, the world demand is about to drop, they cannot pay the interest, and Fredriksen gave all the dividends to the Koch brothers anyway, and it will be bankrupt by 2015."<--Some of that would help me buy low, plz n thx.
    ;-)
    Mar 24 12:58 PM | 1 Like Like |Link to Comment
  • Vale's Future Looks Promising [View article]
    VALE does not claim a 6.9% dividend, they claim $0.85 dividend.
    The dividend is not a percentage based on what you paid, but an amount distributed per share. If you paid $34, and I paid $18, we both get 0.85/year/share. Your yield is 0.85/34 or 2.5%, and mine is 0.85/18 or 4.7%.
    I would (and will) buy again after it drops below 12 (assuming it charts as a trough), where yield would be 7.08%.
    (Published dividend numbers vary based on source (E*Trade, yahoo) and whether they are adjusted for foreign ownership fees.)
    Mar 20 10:27 AM | Likes Like |Link to Comment
  • 3 Billion Reasons Why Tesla's Gigafactory Will Be A Bloodbath [View article]
    AlbertinBermuda, According to Tesla, it goes 265 under fantasy conditions. But with an outside temperature of 50 degrees F (at this moment) at 70MPH (80 is normal on I-85), with one 150-lb driver, with the heater on low & windows sealed, it will go a theoretical 224 miles.
    Extrapolate the consumption differential from 60-70 up to 80mph, and it drops to 193 miles. Add 3 passengers. Add some traffic. Add some in-destination stops. Add some hills... 180 miles? Having been on the autobahn, they go about 90mph, so it might go 140.
    A similarly-equipped Audi A7 TDi, costs $72,000 vs. the Tesla's $95,570, and the Tesla has smaller wheels, RWD vs AWD, no active differential, lower-grade interior, and the price does not include $2,700 for a home charger. The TDi can fill up anywhere in under 5 minutes, diesel consumption is inelastic to work created whereas battery drain is extremely elastic, the A7 has slightly more rear seating room, and it has a range of 650+ real miles.
    In addition, if Audi is truthful about their low CO2 emissions, then electricity made here with a mix of nuke & coal would cause more CO2, and diesel would not require batteries made from minerals mined with African slave labor by Chinese suppliers.
    Mar 14 02:37 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan Energy Partners: Buying When Others Are Fearful? [View article]
    "Down, down, down... When can we catch a break?"
    I don't want to catch a break. I want to double down during a 50% off fire sale! I hope Barrons steps up their attacks. Long KMR and KMI.
    Mar 14 01:56 PM | 5 Likes Like |Link to Comment
  • Rich And Retired? Don't Buy Dividend Stocks [View article]
    Retirement in PR just started sounding really good-- I'm looking into this!
    Mar 12 02:10 PM | 4 Likes Like |Link to Comment
  • Rich And Retired? Don't Buy Dividend Stocks [View article]
    If a wealthy person is going to live for a while (and 58 is young), then he needs close to 100% stocks for the exact reasons mentioned... They should, however, be dividend-paying stocks. Using BRK as an example of a great non-payer is ironic, because BRK is comprised of investments in dividend-paying stocks. Buffet himself has said many times he would not invest in BRK at this time.
    Qualified dividends are taxed at a lower rate. They tend to pay out more than the rate of inflation, something that treasuries do not. Stocks move with inflation. International stocks automatically adjust for currency devaluation.
    Somebody at this wealth level must consider taxes. With $15M to invest, your friend has no reason to sell any stocks. Live off the lower-taxed dividends, then leave the appreciated stocks to his descendants, and they will be taxed only at stepped-up value, and only when they sell.
    Mar 12 02:01 PM | 5 Likes Like |Link to Comment
  • Seadrill Announces Stellar Results, Moves To Strengthen Balance Sheet [View article]
    sts66, those were better observations than what has been made by 90% of the experts.
    Mar 12 01:45 PM | 1 Like Like |Link to Comment
  • Consider Vale On Increased Demand Of High-Grade Iron Ore [View article]
    I've been all over Europe, mostly Germany. I burst out laughing when I read about the things that are "free" there. If protectionism, $5 bread, $7 Coke, and $7 petrol, and 71% of all earnings being stolen by politicians is free, then I choose the prison of low taxation and regulation.
    Mar 7 12:12 PM | 1 Like Like |Link to Comment
  • Why Target Must Accept Bitcoin Like Zynga And Before Walmart Or Amazon [View article]
    He had my previous comment, which agreed with you, deleted, but it was still in cyberland: "You lost me when you said that all other payment processors are obsolete.
    And when you got the details of the Lamborghini story wrong.
    And again when you said that one programmer could set this up in a few hours. You have no clue, and I mean NONE, about what goes into payment processing and bookkeeping. It would take teams of programmers to work with business fiscal analysts to prepare. Once payment was set up, it would require daily reconciliations due to currency fluctuations. And their bitcoins <cough, Mt. Gox, cough> still may not be secure.
    When they can convert to a real currency immediately on each transaction, they should accept it. But only one deposit is allowed per 24-hour period, in which time the value of their bitcoin sales might decline 10% on products with a 5% markup. That means Target would need to hedge every transaction against currency fluctuations.
    Should Target take it? YES. But the claims on here sound more like the claims of a lawyer or used-car dealer. Enterprise-wide payment security would be difficult, time-consuming, and expensive."
    Mar 6 10:42 AM | Likes Like |Link to Comment
  • Seadrill: A 10% High-Yield Alternative To REITs And MLPs [View article]
    I cannot take seriously an analyst who says that SDRL shouldn't pay any dividends because "IT IS" cash flow don't justify it.
    Mar 5 12:13 PM | 1 Like Like |Link to Comment
  • Why Target Must Accept Bitcoin Like Zynga And Before Walmart Or Amazon [View article]
    You lost me when you said that all other payment processors are obsolete.
    And when you got the details of the Lamborghini story wrong.
    And again when you said that one programmer could set this up in a few hours. You have no clue, and I mean NONE, about what goes into payment processing and bookkeeping. It would take teams of programmers to work with business fiscal analysts to prepare. Once payment was set up, it would require daily reconciliations due to currency fluctuations. And their bitcoins <cough, Mt. Gox, cough> still may not be secure.
    When they can convert to a real currency immediately on each transaction, they should accept it. But only one deposit is allowed per 24-hour period, in which time the value of their bitcoin sales might decline 10% on products with a 5% markup. That means Target would need to hedge every transaction against currency fluctuations.
    Should Target take it? YES. But the claims on here sound more like the claims of a lawyer or used-car dealer. Enterprise-wide payment security would be difficult, time-consuming, and expensive.
    Mar 5 11:43 AM | Likes Like |Link to Comment
  • Kinder Morgan Energy Partners LP Doesn't Skimp On Maintaining Its Pipelines [View article]
    Stop saving KMR-- I need to buy more!
    Mar 5 11:16 AM | 2 Likes Like |Link to Comment
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