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DavyJ

DavyJ
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  • Covered Call Writing And Stock Option Expiration Cycles [View article]
    But you don't receive the dividend holding the LEAP as you would by holding the stock. Intel pays 4.5% dividend.
    Dec 9, 2012. 12:19 PM | 1 Like Like |Link to Comment
  • For Want Of A Nail [View article]
    My mistake. I've heard so much of the argument lately about how raising taxes on the rich would stifle investment and how only the wealthy create jobs that I had to throw my two cents in.

    Of course it had nothing to do with any point you were making. The trifling amount of the increase you demonstrated was enlightening and enticed me to comment.
    Dec 8, 2012. 02:28 PM | 1 Like Like |Link to Comment
  • For Want Of A Nail [View article]
    It seems to me that $22.3 billion tax increase on $1.626 trillion wouldn't have an effect on investment anymore than it would have an effect on decreasing the deficit.

    Small potatoes, but it probably would make a lot of people happy. It would make me happy just to not have to listen to the argument any more.
    Dec 7, 2012. 11:52 AM | Likes Like |Link to Comment
  • U.S. Government Spending Growth Nearly Always Positive [View article]
    Morrison,

    Re: "but most growth has been to illegal immigrants I would imagine, of those most will not get a taxable job."

    Not so! Read the following article. Although it is dated, I have seen several later articles stating the same. Sorry, no time for me to do more research for you.

    http://bit.ly/U3RKdV
    Nov 24, 2012. 11:08 AM | 1 Like Like |Link to Comment
  • The Great Depression, Part 2: Will The Future Follow The Past? [View article]
    To realize how futile that exercise is, one only has to look back at this article in August 2009.

    http://seekingalpha.co...
    Nov 15, 2012. 09:40 PM | Likes Like |Link to Comment
  • How Higher Tax Rates Can Affect Your Retirement Plan [View article]
    The solution is simple. The couple making $275,000 per year should negotiate a $125,000 reduction of their salary. That way they'll be equal to the $150,000 couple and have more in retirement.
    Nov 15, 2012. 01:10 PM | 1 Like Like |Link to Comment
  • Fiscal Cliff, Schmiscal Cliff [View article]
    mobyss,

    Actually there are some doctors that do exactly that. Sign a contract for x dollars per year and you are guaranteed to be seen within a very reasonable time because of the limited number of contracts.

    Say it costs $2000 per year and the doctor limits his number of patients to 250. That's $500,000 per year and statistically with the limited number of patients you may be seen within the hour.

    Does Warren Buffet have to spend as much time in the waiting room as I do?

    Not for everybody, of course. Not enough doctors. But one could reduce the contract price and increase the number of patients and still have a very nice income. And probably reduced malpractice insurance premiums as well.


    Nov 12, 2012. 07:09 PM | Likes Like |Link to Comment
  • The PC industry could lose 50M-100M units in annual sales by 2015 thanks largely to the impact of mobile devices, argues Barclays in a depressing report. Barclays, which is cutting estimates for Dell (DELL) and H-P (HPQ), forecasts PC sales will fall another 4% next year to 338M, and total just 311.5M in 2015. On the other hand, it expects tablet sales to reach 182M next year and 300M in 2016. Longbow is also downbeat, claiming checks indicate notebook orders are being cancelled; ultrabook demand is soft, and Intel and AMD are cutting prices. [View news story]
    Somehow I can't visualize an accountant doing tax returns on a tablet. In fact, I can't envision me doing my tax return on a tablet.
    Nov 12, 2012. 06:41 PM | 7 Likes Like |Link to Comment
  • Top brass in the U.K.'s governing Conservatives give a round of interviews ahead the party's annual conference this week, with David Cameron telling the BBC that Britain must find another £16B of spending cuts for 2015-16. Cameron also threatens to veto the next EU budget if it's not to his liking, and says it should be split into two - one for the eurozone and one for the other countries. (Telegraph interview; George Osborne interview[View news story]
    " £16B of spending cuts"

    How quaint!
    Oct 7, 2012. 09:15 PM | Likes Like |Link to Comment
  • Market Seasonality Revisited [View article]
    Re: "That's because in years when the market makes more gains in the unfavorable season when a seasonal investor is out, the seasonal investor doesn't suffer a loss, but merely misses out on additional gains."

    Well if you sold 100 shares in May and received x dollars and now want to buy back in November after missing out on additional gains, your x dollars won't buy as many shares. You have less shares than before, so I call that a loss.
    Oct 7, 2012. 11:09 AM | Likes Like |Link to Comment
  • This 'Tech' ETF Isn't What You Think It Is [View article]
    When I was reading your article, I kept saying "well duh" until I got to the last two paragraphs.

    Two thumbs up! Excellent idea.
    Oct 6, 2012. 10:10 PM | 1 Like Like |Link to Comment
  • Jobs Report: Conspiracy, Reality, And A Nation Of Part Time Workers [View article]
    How about the DavyJ calculation of jobs?

    1. Number of people paying FICA last month.
    2. Total amount of FICA reported last month.
    3. Year over year comparison only. No seasonal adjustments allowed.

    Two numbers, too simple, too many theorists out of a job!
    Oct 6, 2012. 09:45 PM | 4 Likes Like |Link to Comment
  • How My Family And I Overcame Obstacles To Be Better Off Than 4 Years Ago [View article]
    Total net worth I'm down a few percent.

    Net income (retired) I'm up a few percent.

    Optimistically I'm up more than a few percent.

    Just bought a new car. Still living within my budget.

    I enjoyed your article. Things aren't all bad for many (the majority?) of us.
    Oct 1, 2012. 09:23 PM | 7 Likes Like |Link to Comment
  • Financials; Devastating Your Dividend Growth Portfolio Since 2009 [View article]
    To quash any accusations of cherry picking before they are posted, the DJIA had three bank stocks at the beginning 2008. BAC was added in February 2008 bringing the total to four. AXP, BAC, C, and JPM. As we know C (Citigroup) was removed in 2009 so there are still three. Maybe we should also include 1/2 of GE just to be complete. And GE did cut their dividend.

    Dividends for the SPDR DIA were:
    2008 $2.93
    2009 $2.81
    2010 $2.77
    2011 $2.97
    2012 $2.11 through August. $3.14 trailing 12 months.

    How's that for an unbiased actual example?
    Sep 9, 2012. 03:27 PM | 2 Likes Like |Link to Comment
  • The Closest Thing To Guaranteed - My 'Non-Dirty' Dozen [View article]
    Re: "The CAT web site historical price lookup shows CAT closing at $19.03 on Sept 7 2000."

    Notice the "Split Adjustment Factor" and "Actual Price".

    Closing Price $19.03
    Volume 4,777,600
    Split Adjustment Factor 2.0000:1
    Open $19.50
    Day's High $19.53
    Day's Low $19.03
    Actual Price $38.06
    Date Requested 09/07/00
    Sep 9, 2012. 12:59 PM | Likes Like |Link to Comment
COMMENTS STATS
426 Comments
623 Likes