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gmitchell2

gmitchell2
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  • Mr. Valuation Disagrees With Henry Blodget: 'It's A Market Of Stocks' Is Not A Meaningless Phrase [View article]
    Chuck, your phrase is meaningful and helpful for investors to focus on the trees not the forest as a whole. I also think of the stock market as an auction such as eBay where prices are bid up or down depending on perceived value. Successful stock picking requires doing some homework. Finding the best companies in the right sectors that provide the safety and return we are looking for at any given time. Just like buying a product on eBay most of us do not have the luxury of visiting the company, trying out the product, asking the tough questions. We usually rely on what we read and hear from reviews or "experts". I also believe luck is involved because there are so many variables beyond anyone's control that can affect the price of a stock.
    Apr 19, 2015. 08:22 AM | Likes Like |Link to Comment
  • Bond Fund Choices For Retiree Portfolios [View article]
    Thank you for your response. I follow your articles and hope you can write about GNMA bond funds and "GNMA" ETF's sometime. Thanks again.
    Apr 2, 2015. 08:28 AM | Likes Like |Link to Comment
  • Bond Fund Choices For Retiree Portfolios [View article]
    Why are GNMA bond funds or ETF's never recommended? Please could someone answer this question.
    Feb 19, 2015. 09:36 PM | Likes Like |Link to Comment
  • General Electric Dividend Provides Me The Comfort I Need To Own The Stock [View article]
    I agree GE sucks but don't forget Jack Welch. He's the guy who put GE in the financial business. Immelt inherited a mess.
    Jan 13, 2015. 07:43 PM | 2 Likes Like |Link to Comment
  • Gilead Long-Term Prognosis Is Promising [View article]
    Not sure what you are talking about. I did not state a time period or numbers only pointed out "CSYJ's" numbers were wrong. Please read before you comment and get the names right.
    Jan 12, 2015. 07:12 PM | Likes Like |Link to Comment
  • Health Care ETF: XLV No. 2 Select Sector SPDR In 2014 [View article]
    FBIOX and Gilead have been two of my best holdings. I'm banking that healthcare will continue to outperform ... demographics, demographics, demographics.
    Jan 11, 2015. 08:14 PM | Likes Like |Link to Comment
  • GoPro +4.5%, Ambarella +7.4% on the day after Christmas [View news story]
    tawse57 "free speech". Take the comment section and many articles in SA with a big grain of salt.
    Dec 31, 2014. 08:12 AM | Likes Like |Link to Comment
  • Gilead Long-Term Prognosis Is Promising [View article]
    I find some of the comments on SA to be quite humorous. I am not great at math but I must state the obvious. CSYJ's math is fine but his numbers are wrong. Just go back and look at the two-year price history. It's a simple case of garbage in garbage out.

    On to more important matters. I purchased GILD on the day of big fall. Unfortunately it fell further the next day. It has been on my watch list for a long time. It has been a top holding in FBIOX purchased on 2/28/99 (source Morningstar). It was also recommended in the recent issue of Kiplinger's. Great management. It will be a long-term hold for me.
    Dec 31, 2014. 08:05 AM | 1 Like Like |Link to Comment
  • 2 High-Yield Utility Stocks To Buy For 2015 [View article]
    The utility sector seems to be fully valued. AEP for example has a PE of 16.9 compared to a five-year average of 13.6 (source Morningstar). I recently trimmed back on my utility holdings including AEP only to watch them go higher.
    Dec 31, 2014. 07:24 AM | 1 Like Like |Link to Comment
  • AT&T Is A Good Dividend Investment Here [View article]
    My only concern about buying T is that I am reading so many articles in SA recommending buying T.
    Oct 26, 2014. 11:22 AM | 3 Likes Like |Link to Comment
  • Exelon: Moving In The Right Direction, But Still 33% Undervalued [View article]
    I bought EXC a few years ago and thought it was undervalued then. Morningstar had a strong buy recommendation. This may be the first time in my life that I don't regret not dumping a looser when there was so much negative sentiment. I'm also glad I did not buy Apple at its high when there was so much positive sentiment. One lesson I have learned with age is to turn off the chatter. So called "experts" don't know anymore that you or I. One of the best books I ever read was "Sway". The book talks about how "experts" lead us into making bad decisions. My rule is do the math, trust your gut and don't look back. Even a poorly managed corporation like EXC can have intrinsic worth well beyond its stock price.
    Mar 21, 2014. 07:40 PM | 1 Like Like |Link to Comment
  • There's No Way I Can 'Butter My Bread' With This Healthcare REIT [View article]
    Brad, it seems not too long ago you described SNH as a REIT that you wouldn't loose sleep over or something to that affect. Now you dig deeper. Maybe you should "dig deeper" in the first place. Some of your followers me in particular drank the cool aid.
    Mar 19, 2014. 09:46 PM | 3 Likes Like |Link to Comment
  • Coca-Cola's 3.3% Yield Is Hard To Ignore [View article]
    I have no complaints about your article as others. But I will take Pepsi please.
    Feb 23, 2014. 08:48 PM | 1 Like Like |Link to Comment
  • 3 Utility Stocks: 2 To Sell, 1 To Hold [View article]
    I have significant losses in both FE and EXC in my IRA account. My two dogs. I wish I would have gotten this advice a year or more ago. At this point I will just ride them out.. Maybe before I die the dividends will cover my losses.
    Jan 25, 2014. 09:03 AM | 2 Likes Like |Link to Comment
  • The New High-Yield, Monthly Dividend MLP Fund [View article]
    GlobalTrekker, my comment and question were for you. Again, "I agree but are you aware of any open end MLP funds? I have owned MLP's individually and got sick and tired of the K-1's that would come out right before the tax deadline and then a correction would come out a few weeks later. I now own a few closed end MLP funds that have mediocre performance and as you say highway robbery management fees. However, they do provide a nice income stream. Thanks."

    Your numbers may have been incorrect but you are right about the high management fees. I'm not a professional investor but it seems to me that there is a lack of disclosure in general with closed end funds. Are there any open funds that specialize in MLP's? If not why is that?
    Dec 25, 2013. 06:32 PM | Likes Like |Link to Comment
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59 Comments
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