Seeking Alpha

Philipsonh

Philipsonh
Send Message
View as an RSS Feed
View Philipsonh's Comments BY TICKER:
Latest  |  Highest rated
  • Ellington Financial: Buy The Dip? [View article]
    In a recent report by EFC, I noted they operate in 13 Non-Agency sectors, 5 Agency sectors, and now the reverse agency sector. so they definitely have a "grab-bag" of
    investments, as noted in the article. I believe this diverse portfolio model allows them to better control their risks. I own shares in Ellington.
    Sep 15 06:18 PM | Likes Like |Link to Comment
  • Pacific Coast Oil Trust And Measure P [View article]
    Sorry, in my comment, I was speaking of the California politicians, not the investors, exuding stupidity. All politics and ideology, no common sense. In my opinion,. it is best to wait til the vote has been taken.
    Sep 11 01:41 PM | 1 Like Like |Link to Comment
  • Pacific Coast Oil Trust And Measure P [View article]
    In California, they save a small fish at the expense of millions of acres owned by farmers, for decades, denying them the water they needed to exist. No rational person should invest when politics is involved in that state. They exude stupidity.
    Sep 10 09:48 PM | 2 Likes Like |Link to Comment
  • Och-Ziff: The Asset Manager Yielding A 14% Distribution [View article]
    I don't understand readers basically arguing with each other, or the author, about any article on this site. The companies and the data/information about them mentioned in the articles should be starting points for an investor's research. If I see a company I am interested in, I certainly don't purchase shares because the author says it is a buy, and the same for sales. I look at other websites, the company website, my broker's site, and so forth. OZM current and past payouts are easily found in numerous places so why argue about a headline. In fact, very few asset managers are able to pay out a stable amount because their profits/losses vary widely quarter to quarter. Their pay-outs move along with their profits or losses. Using LMLP, the UBS E-trac ETN as a base will offer multiple asset managers under one symbol., and the payout on that ETN varies monthly. ** Note I have been looking at LMLP for quite a while myself and cannot make a decision as to whether it would be a suitable investment for me.
    Sep 8 07:47 PM | 2 Likes Like |Link to Comment
  • REIT-Like Partnership ATAX Pays 8% In Tax-Free Distributions [View article]
    ATAX is a small component in the UBS Etracs ETN LMLP which is an index of MLp's not primarily engaged in energy businesses.
    Sep 8 07:33 PM | Likes Like |Link to Comment
  • TransAlta: Power Producer's Reset Preferred Shares May Be Preferred Over The Common [View article]
    No, you will not be double taxed; however, you must have an account with a brokerage firm that can buy on the TSX ( of course ).
    Sep 8 11:40 AM | 2 Likes Like |Link to Comment
  • High-Yielding Stock Portfolio That Can Outperform By A Big Margin [View article]
    The reason for the reverse split is to attempt to move the share price above $10, which will allow funds, etc which now have a minimum share price floor to make purchases. As you are aware, this action in no way reduces an investors investment value, as it reduces the shares by 1/2 while increasing share value by double. What counts is whether they will hold the dividend yield. I don't find these actions to be "shameful", but if you feel that way, you can always sell your long position ahead of the reverse split. I intent to maintain the position I have and look forward to the announcement of the post dplit dividend yield.
    Sep 6 11:54 PM | 1 Like Like |Link to Comment
  • 7 Insiders Are Buying Martin Midstream Stock [View article]
    Notwithstanding all the comments regarding the ' pay-outs ' this LP makes, these points interest me; after incurring a large loss in 2013 due to what I believe was an investment in the Munro/Cardinal gas storage facility, MMLP this year purchased Cardinal. which to me is both interesting and confusing. Secondly, they appear to be expanding their asset purchases. Third, the parents "merger" with the Global entity Alinda would on the surface appear to open many new avenues for MMLP growth, as Alinda is private and looking to make money in their portfolio. Lastly, It seems to me that MMLP gives out straight information about their performance, but the 52 week share spread is disconcerting, because had one purchased at the high, they would now be looking at a 25% loss. Appreciate any responding comments, as I was considering purchase of MMLP shares, but there are some negatives that are difficult for me to tolerate. Hopefully others can give some insight. Thanks
    Sep 6 05:50 PM | Likes Like |Link to Comment
  • Paramount Group files for IPO [View news story]
    This news is available on numerous financial sites, yet there is nothing about it on their website. Perhaps you have to be a current investor to log in and read about the IPO. Only interested if the yield is decent, but I expect it will be a huge success, in any event.
    Sep 5 03:49 PM | Likes Like |Link to Comment
  • Och-Ziff: The Asset Manager Yielding A 14% Distribution [View article]
    It is an integral part of the latest UBS-E-tracs ETN which tracks non-energy related ( a misnomer ) MLP's, so you can spread your risk by purchasing that product - LMLP, which also includes Fortress, Carlyle, Apollo, etc. Thank you for the article.
    Sep 5 10:20 AM | Likes Like |Link to Comment
  • Pure Multi-Family REIT And Agellan Commercial REIT: 8% Yields With Plenty Of Upside [View article]
    Second comment, to clarify- when I stated 'wherever the portfolio assets are held', I meant wherever the COMPANY/Reit/etc owns there assets, whether it is in Canada, The US, the UK, Germany, and so forth. No matter where they derive their income from, when it is passed onto me as a distribution, a dividend, whatever, the money previously withheld by a foreign Govt is noted, and when I pay my income taxes, that amount is NOT taxed again, as my accountant files a form noting the amount previously withheld to avoid double taxation.
    Aug 31 02:17 PM | 1 Like Like |Link to Comment
  • Pure Multi-Family REIT And Agellan Commercial REIT: 8% Yields With Plenty Of Upside [View article]
    This is my experience. Wherever the portfolio assets are held, and whichever currency the company deals in, whenever the 15% Canadian Withholding tax is
    applied to any payout I receive, of any type, my brokerage firm notes that deduction as a separate entry in the transaction table, and at the end of the year,
    lists the total withholding already deducted by a foreign Government. My accountant, a CPA, files a form listing these withholdings as already deducted, and applies that amount to my income taxes, so that I do have to pay taxes again on the same income. My account is a standard joint account with my wife at TD Ameritrade. I have no IRA or other type tax deferred accounts and so cannot speak to what occurs in these type of accounts, or at other brokerage firms. Therefore, in my personal situation, I have no problems at all. Hope this helps other folks, but I realize that it can vary with the type of account and broker used.
    Aug 31 02:12 PM | Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    I understand the article is not specifically about OHI Reit , but I believe that HCP is a much better choice, due to its diversification beyond just nursing homes, in the health care sector.
    Aug 29 11:22 PM | 1 Like Like |Link to Comment
  • Consider Pinnacle Foods For Its 2.92% Yield [View article]
    I don't understand writing an article about Pinnacle Foods and not mentioning the recent merger/buy-out activities between Pinnacle, Tyson and Hillshire with Pinnacle supposedly getting a $163M default payment. the industry is in great flux.
    Aug 28 10:50 PM | 2 Likes Like |Link to Comment
  • Pure Multi-Family REIT And Agellan Commercial REIT: 8% Yields With Plenty Of Upside [View article]
    APTS is a Reit which holds at least 80% of their portfolio in multi-family residences.
    Aug 26 03:43 PM | Likes Like |Link to Comment
COMMENTS STATS
665 Comments
463 Likes