willydo's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/223006/comments http://seekingalpha.com/article/180292/comments?source=feed#comment-832540 832540
Very good article....good focus from a higher level. I especially liked your comments how most investors do not like to buy in after a good rise off the "bottom". That is true.....we see something is up 70% from its low and think it has gone up too fast and we have missed it. I will re-look at some things like health care, defense/aero and industrials. Most everything has come up a lot from the lows.
Willydo]]> Mon, 04 Jan 2010 15:17:44 -0500
Very good article....good focus from a higher level. I especially liked your comments how most investors do not like to buy in after a good rise off the "bottom". That is true.....we see something is up 70% from its low and think it has gone up too fast and we have missed it. I will re-look at some things like health care, defense/aero and industrials. Most everything has come up a lot from the lows.
Willydo]]> http://seekingalpha.com/article/179907/comments?source=feed#comment-825606 825606
Great article...most entertaining and sums up my feelings exactly. No political correctness here....

We just need to keep getting all we can while the getting is good and buy some land and guns to protect oneself when things aren't so good. Burger King, Walmart, REZ... all these types should do well.
Willydo]]> Tue, 29 Dec 2009 20:06:43 -0500
Great article...most entertaining and sums up my feelings exactly. No political correctness here....

We just need to keep getting all we can while the getting is good and buy some land and guns to protect oneself when things aren't so good. Burger King, Walmart, REZ... all these types should do well.
Willydo]]> http://seekingalpha.com/article/179890/comments?source=feed#comment-825600 825600 Tue, 29 Dec 2009 19:51:15 -0500 http://seekingalpha.com/article/177858/comments?source=feed#comment-802408 802408
Thanks for the great information.... I too was not happy with the dilution but went ahead and added to my existing position at the low to hopefully make something positive of it. It worries me how insiders to the placement can degrade the other shareholders but, hey, that's the market.
Please continue to update; it sounds like the direction is promising. I have been accumulating over the last year or so.
Willydo ]]> Fri, 11 Dec 2009 19:12:23 -0500
Thanks for the great information.... I too was not happy with the dilution but went ahead and added to my existing position at the low to hopefully make something positive of it. It worries me how insiders to the placement can degrade the other shareholders but, hey, that's the market.
Please continue to update; it sounds like the direction is promising. I have been accumulating over the last year or so.
Willydo ]]> http://seekingalpha.com/article/175565/comments?source=feed#comment-780093 780093
www.economist.com/busi...

I read this article and it does seem to explain a bit about why the yen is rising even though just about everything else about Japan is negative. Lucky those citizens keep buying their own country's debt.
Willydo]]> Fri, 27 Nov 2009 20:06:51 -0500
www.economist.com/busi...

I read this article and it does seem to explain a bit about why the yen is rising even though just about everything else about Japan is negative. Lucky those citizens keep buying their own country's debt.
Willydo]]> http://seekingalpha.com/article/175565/comments?source=feed#comment-779888 779888 So why is the yen so high not just against the $ but others as well???
Thanks,
Willydo ]]> Fri, 27 Nov 2009 15:29:58 -0500 So why is the yen so high not just against the $ but others as well???
Thanks,
Willydo ]]> http://seekingalpha.com/article/175523/comments?source=feed#comment-779402 779402 AND YET that is the SAFE currency that investors go to in times of trouble?? Yes I know all about our dollar problems but it seems like Japan has even more critical problems. So if someone can explain that would be good.
Thanks,
Willydo]]> Fri, 27 Nov 2009 08:44:17 -0500 AND YET that is the SAFE currency that investors go to in times of trouble?? Yes I know all about our dollar problems but it seems like Japan has even more critical problems. So if someone can explain that would be good.
Thanks,
Willydo]]> http://seekingalpha.com/article/175093/comments?source=feed#comment-776116 776116
Willydo]]> Tue, 24 Nov 2009 20:52:26 -0500
Willydo]]> http://seekingalpha.com/article/173498/comments?source=feed#comment-764212 764212 The article says to be careful of funds that have high yields as they may use leverage. According to CEFConnect, FMN is leveraged 39% and BNY is 38%. This IS high leverage. I'm not necessarily trying to criticise the article as I agree with others about doing your own homework but this could be misleading to a newcomer. From the original post:

"Just be cautious about investing in extremely high yield muni CEFs which may use leverage to attain their high yields.
"One of the highest yielding tax free stocks is Federated Premier Municipal Income Fund (FMN) which yields 7.8%. They have been paying monthly dividends since 2003".
Willydo]]> Tue, 17 Nov 2009 15:09:09 -0500 The article says to be careful of funds that have high yields as they may use leverage. According to CEFConnect, FMN is leveraged 39% and BNY is 38%. This IS high leverage. I'm not necessarily trying to criticise the article as I agree with others about doing your own homework but this could be misleading to a newcomer. From the original post:

"Just be cautious about investing in extremely high yield muni CEFs which may use leverage to attain their high yields.
"One of the highest yielding tax free stocks is Federated Premier Municipal Income Fund (FMN) which yields 7.8%. They have been paying monthly dividends since 2003".
Willydo]]> http://seekingalpha.com/article/172147/comments?source=feed#comment-760542 760542
Regards,

Willydo]]> Sat, 14 Nov 2009 19:33:28 -0500
Regards,

Willydo]]> http://seekingalpha.com/article/172147/comments?source=feed#comment-758016 758016 I would be interested to know opinions on what value the stock should or could have going forward. I don't know much about these smaller biotecs but they are looking to partner and have 3 different drugs in the pipeline. The stock is in the 3-4$ range now. Could it go to 6? 8? 12? or more ? (I know it can go anywhere, but based on historical trends for companies involved in this sort of thing, what could be expected?
Thanks,
Willydo]]> Thu, 12 Nov 2009 20:59:31 -0500 I would be interested to know opinions on what value the stock should or could have going forward. I don't know much about these smaller biotecs but they are looking to partner and have 3 different drugs in the pipeline. The stock is in the 3-4$ range now. Could it go to 6? 8? 12? or more ? (I know it can go anywhere, but based on historical trends for companies involved in this sort of thing, what could be expected?
Thanks,
Willydo]]> http://seekingalpha.com/article/165682/comments?source=feed#comment-710855 710855
Why are closed in Muni Funds selling off today? NZF is off 3.5%. I see dividends are coming out next Tues but I have not seen these funds drop this much before. Is anything else going on? (IMT, IIM, NZF, MUA)
Thanks,
Willydo ]]> Fri, 09 Oct 2009 15:56:31 -0400
Why are closed in Muni Funds selling off today? NZF is off 3.5%. I see dividends are coming out next Tues but I have not seen these funds drop this much before. Is anything else going on? (IMT, IIM, NZF, MUA)
Thanks,
Willydo ]]> http://seekingalpha.com/article/165682/comments?source=feed#comment-710527 710527 Very informative article. I have been using these funds a lot and do own NZF as one you mention above. There are some of these funds with lower costs but may have different characteristics as well. One is MUA. It has cost of .69%, provides 9.8% yield and is only leveraged 3.8 %. It has lower quality bonds but that is relative. I treat these more or less just like stocks. If they are hurt when rates finally rise, I will sell them but I have held them for many months now. I also hold Insured Muni's that pay a bit less but are very stable and have been around since 1993. (IMT, IIM)
Thanks,
Willydo]]> Fri, 09 Oct 2009 12:27:05 -0400 Very informative article. I have been using these funds a lot and do own NZF as one you mention above. There are some of these funds with lower costs but may have different characteristics as well. One is MUA. It has cost of .69%, provides 9.8% yield and is only leveraged 3.8 %. It has lower quality bonds but that is relative. I treat these more or less just like stocks. If they are hurt when rates finally rise, I will sell them but I have held them for many months now. I also hold Insured Muni's that pay a bit less but are very stable and have been around since 1993. (IMT, IIM)
Thanks,
Willydo]]> http://seekingalpha.com/instablog/283299-joe-eqcome/30152-cefs-week-of-10-2-09-wall-of-worry?source=feed#comment-702824 702824
Willydo ]]> Sun, 04 Oct 2009 15:45:02 -0400
Willydo ]]> http://seekingalpha.com/instablog/283299-joe-eqcome/29265-cefs-week-of-9-25-09-death-of-a-friend?source=feed#comment-693605 693605 SRV). I owned this previously and got burned badly. I believe there was a lot of insider trading because the stock fell for no reason until an "announcement" was made. There were a lot of problems and conference calls but I would never trade the CEF again. There is a reason the chart looks like it does.]]> Sun, 27 Sep 2009 22:05:09 -0400 SRV). I owned this previously and got burned badly. I believe there was a lot of insider trading because the stock fell for no reason until an "announcement" was made. There were a lot of problems and conference calls but I would never trade the CEF again. There is a reason the chart looks like it does.]]> http://seekingalpha.com/instablog/283299-joe-eqcome/28571-nuveen-trashes-its-cef-website?source=feed#comment-686970 686970
Willydo]]> Tue, 22 Sep 2009 23:35:30 -0400
Willydo]]> http://seekingalpha.com/instablog/283299-joe-eqcome/28571-nuveen-trashes-its-cef-website?source=feed#comment-686604 686604
Anyway, the data is not useful at all. It does not show the historical yearly performance, history of dividends, current ratings of holdings, level of leverage, starting date of the fund, etc.

Wow, one of the tools I used on a daily basis is now gone.
Willydo ]]> Tue, 22 Sep 2009 16:03:19 -0400
Anyway, the data is not useful at all. It does not show the historical yearly performance, history of dividends, current ratings of holdings, level of leverage, starting date of the fund, etc.

Wow, one of the tools I used on a daily basis is now gone.
Willydo ]]> http://seekingalpha.com/article/160209/comments?source=feed#comment-664434 664434 So we don't have to re-invent the wheel. We could look at that system and a few others and tailor it to fit the US. None of them are perfect but we need to do something. I bet that none of the people shouting out against health care changes has a pre-existing condition that makes it impossible to get insurance at any price. Oh, I have T.Row Price Health Sciences Fund (PRHSX) and it's been doing quite well in my 401K. Also have very good coverage through work.
Willydo ]]> Sun, 06 Sep 2009 16:28:23 -0400 So we don't have to re-invent the wheel. We could look at that system and a few others and tailor it to fit the US. None of them are perfect but we need to do something. I bet that none of the people shouting out against health care changes has a pre-existing condition that makes it impossible to get insurance at any price. Oh, I have T.Row Price Health Sciences Fund (PRHSX) and it's been doing quite well in my 401K. Also have very good coverage through work.
Willydo ]]> http://seekingalpha.com/instablog/226469-steven-hansen/26306-what-if-it-is-a-v-recovery?source=feed#comment-662975 662975 Thanks for the article and especially the insight into the ECRI indicators and how they differ from what we are able to see. Your questions were exactly what I think most of us would want to ask. Hat tip to Lakshman Achuthan for being willing to share some information about the process.

Willydo



]]> Sat, 05 Sep 2009 08:51:22 -0400 Thanks for the article and especially the insight into the ECRI indicators and how they differ from what we are able to see. Your questions were exactly what I think most of us would want to ask. Hat tip to Lakshman Achuthan for being willing to share some information about the process.

Willydo



]]> http://seekingalpha.com/article/151440/comments?source=feed#comment-603386 603386 I was looking at one of your recent articles on FOF (fund of funds) as a way to smooth out the risk of getting hit by a shock to price but even that fund is (according to the article) probably is going to have to reduce its yield. I'm not sure how one is supposed to know that. It put out a consistent .12 per share for 10 months in a row and now went to .27 per share for the last two months for a yield of 9%. Apparently this is not sustainable.
So it looks like the only thing a person can do is pick funds that are paying about avg. yield, otherwise one risks a hit to the fund price; just have to have tight trailing stops and treat exactly like stocks.
Willydo ]]> Mon, 27 Jul 2009 09:42:19 -0400 I was looking at one of your recent articles on FOF (fund of funds) as a way to smooth out the risk of getting hit by a shock to price but even that fund is (according to the article) probably is going to have to reduce its yield. I'm not sure how one is supposed to know that. It put out a consistent .12 per share for 10 months in a row and now went to .27 per share for the last two months for a yield of 9%. Apparently this is not sustainable.
So it looks like the only thing a person can do is pick funds that are paying about avg. yield, otherwise one risks a hit to the fund price; just have to have tight trailing stops and treat exactly like stocks.
Willydo ]]> http://seekingalpha.com/article/148067/comments?source=feed#comment-591819 591819 I think the most important issue in your article has been overlooked in these comments. I would be very interested to learn your opinion on the piece about the pending huge shortfall of US debt referred to above. (sprott.com/Docs/market...)

As you ask, what would your asset allocations be to try and deal with this? Also wondered if it could even lead to the US selling its gold reserves just cause they need the money.
Thanks,
Willydo]]> Fri, 17 Jul 2009 09:51:05 -0400 I think the most important issue in your article has been overlooked in these comments. I would be very interested to learn your opinion on the piece about the pending huge shortfall of US debt referred to above. (sprott.com/Docs/market...)

As you ask, what would your asset allocations be to try and deal with this? Also wondered if it could even lead to the US selling its gold reserves just cause they need the money.
Thanks,
Willydo]]> http://seekingalpha.com/article/148165/comments?source=feed#comment-583771 583771 Good information; thanks for telling it like it is. I can't count how many articles I've seen in the past 3 months saying how hot Japan is going to be. Based on what?? Every indicator is falling.

Just 'cause something is cheap doesn't mean it's ready for a rebound.
Thanks,
Willydo]]> Sat, 11 Jul 2009 16:36:00 -0400 Good information; thanks for telling it like it is. I can't count how many articles I've seen in the past 3 months saying how hot Japan is going to be. Based on what?? Every indicator is falling.

Just 'cause something is cheap doesn't mean it's ready for a rebound.
Thanks,
Willydo]]> http://seekingalpha.com/article/147841/comments?source=feed#comment-580320 580320
Thanks for the great information. Your analysis logic for this fund can be applied to any funds so it is very useful information.

Willydo
Tucson]]> Thu, 09 Jul 2009 09:06:52 -0400
Thanks for the great information. Your analysis logic for this fund can be applied to any funds so it is very useful information.

Willydo
Tucson]]> http://seekingalpha.com/article/143976/comments?source=feed#comment-555653 555653 It is somewhat hard to imagine that the markets will turn down just as all of them have crossed their 200 MA and the ECRI is definitely pointing to the end of the recession in a few months. But I guess the market got ahead of itself; that's what I make of it.
Willydo
Tucson Arizona]]> Sat, 20 Jun 2009 20:44:56 -0400 It is somewhat hard to imagine that the markets will turn down just as all of them have crossed their 200 MA and the ECRI is definitely pointing to the end of the recession in a few months. But I guess the market got ahead of itself; that's what I make of it.
Willydo
Tucson Arizona]]> http://seekingalpha.com/article/142941/comments?source=feed#comment-545464 545464
I could not find the other article you refer to above that was published today. I normally get them both.

Thank you,
Willydo]]> Sat, 13 Jun 2009 17:21:20 -0400
I could not find the other article you refer to above that was published today. I normally get them both.

Thank you,
Willydo]]> http://seekingalpha.com/article/141962/comments?source=feed#comment-538599 538599
Good article. I do think the special tax situation required when investors file their income tax should be mentioned, however. (when owning mlp's etc.). Many may favor MLP funds over direct ownership.

Willydo]]> Tue, 09 Jun 2009 09:33:20 -0400
Good article. I do think the special tax situation required when investors file their income tax should be mentioned, however. (when owning mlp's etc.). Many may favor MLP funds over direct ownership.

Willydo]]> http://seekingalpha.com/article/135193/comments?source=feed#comment-491291 491291
Apparently a lot of investors don't think the muni's will default. I'm not saying they know what is true but wow, the money going into them now is amazing. I think a lot of people are looking to lock in the 6-7% tax free yield (most think taxes will be going up..uh..uh) and that is for the Insured Funds. (I know some people think the insurance co's can't actually pay....but that's another issue).
I currently have IMT, NZF, and FHIGX but I guess I can sell if things get too bad. On the other hand, if the gov'ts efforts at reviving our economy work, we'll have these yields locked in (imho).
Thanks, Willydo (by the way, how do I trigger notification to read other responses to this article or do I just have to keep "chekin' back"??]]> Tue, 05 May 2009 23:02:44 -0400
Apparently a lot of investors don't think the muni's will default. I'm not saying they know what is true but wow, the money going into them now is amazing. I think a lot of people are looking to lock in the 6-7% tax free yield (most think taxes will be going up..uh..uh) and that is for the Insured Funds. (I know some people think the insurance co's can't actually pay....but that's another issue).
I currently have IMT, NZF, and FHIGX but I guess I can sell if things get too bad. On the other hand, if the gov'ts efforts at reviving our economy work, we'll have these yields locked in (imho).
Thanks, Willydo (by the way, how do I trigger notification to read other responses to this article or do I just have to keep "chekin' back"??]]> http://seekingalpha.com/article/131585/comments?source=feed#comment-468229 468229 As always, a great pragmatic article. You say you think the bottom for industrial production looks like 4-6 months out and we see the ECRI and other indicators are starting to point up. Although none of us knows if this is a real bottom or if inflation will pick up, it seems to me that this is the time to be buying some things.
I have been buying high dividend paying stuff like muni etfs, mlps, residential reit etc. so that if the market goes sideways for a while, they are still spinning off 6.5-10% while keeping stops in place.
I would be interested to know when you think it is prudent to buy into a market and what part of the trend could be captured.
Thanks,
Willydo

]]> Sun, 19 Apr 2009 09:27:54 -0400 As always, a great pragmatic article. You say you think the bottom for industrial production looks like 4-6 months out and we see the ECRI and other indicators are starting to point up. Although none of us knows if this is a real bottom or if inflation will pick up, it seems to me that this is the time to be buying some things.
I have been buying high dividend paying stuff like muni etfs, mlps, residential reit etc. so that if the market goes sideways for a while, they are still spinning off 6.5-10% while keeping stops in place.
I would be interested to know when you think it is prudent to buy into a market and what part of the trend could be captured.
Thanks,
Willydo

]]> http://seekingalpha.com/article/123382/comments?source=feed#comment-409026 409026
Thanks Steve]]> Mon, 02 Mar 2009 08:39:02 -0500
Thanks Steve]]> http://seekingalpha.com/article/114889/comments?source=feed#comment-356653 356653 Thu, 15 Jan 2009 12:02:11 -0500