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MartyFL

MartyFL
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  • Kinder Morgan Management: Have Your Cake And Eat It Too [View article]
    Great question that many must be wondering: My stab is some fears of rising interest rates just like utilities have gotten hammered in the past week. Plus, MLPs have had a super nice run. Got to take a rest sometime. Interested to see other thoughts.

    Sumflow, You have any input to Mike's question?

    Ong Kang Wei, Nice article. Maybe not perfect but who is. You shared a lot of good information about KM.
    May 30 02:51 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan Management: Have Your Cake And Eat It Too [View article]
    Nice reference as usual. You are a wealth of information. :)
    May 30 02:40 PM | Likes Like |Link to Comment
  • Kinder Morgan Management: Have Your Cake And Eat It Too [View article]
    Scottrade pays cash for the fractional dividend shares as well. I transferred my KMR to Fidelity and they pay all in shares. No more small cash dividends.
    May 30 02:36 PM | 1 Like Like |Link to Comment
  • General Electric Looks As If It's Becoming The Shareholder-Friendly Company It Once Was [View article]
    I seem to recall when ATT split up, they dumped the many pensions plans in Lucent which has hurt that company terribly. Who would have thought one of the most brilliant of American brain trusts wouldn't be able to make it on their own.
    May 26 02:22 PM | Likes Like |Link to Comment
  • Is Blue-Chip Dividend Investing Only For Rich People? [View article]
    Dad, You're not going wrong at all. Everyone's situation is a little different and we have to work with what we have and where we are in life. Like you, I need current income and also growth to hopefully keep up with or beat inflation. So I have invested in a diverse range of income generating securities and growth stocks. I have preferreds, MLPs, Vanguard's convertible, utilities and div growth funds as well as some other "high" yielding funds. I've been migrating to some all-in-one funds to simplfy things in case of sickness or worse. I want to get to a portfolio that is easy for someone else to oversee yet generates income and growth. I'm moving towards Vanguard Star & Wellington & T Rowe Price Cap Appreciation but slowly as I suspect their fixed income side will drag performance. T Rowe Cap App has more in floating rate right now.
    May 25 01:36 PM | 3 Likes Like |Link to Comment
  • General Electric Looks As If It's Becoming The Shareholder-Friendly Company It Once Was [View article]
    Dave, That seems to be far too common in corporations. I've seen it happen in two companies I worked in for long terms. Unfortunately it usually takes a long time for those managers to get pushed out and many lives and careers have been ruined in the meantime.
    May 23 04:06 PM | 2 Likes Like |Link to Comment
  • How Risky Are International Dividend ETFs? [View article]
    Good summary of dividend ETFs both domestic & international. Thanks.
    May 23 03:48 PM | 1 Like Like |Link to Comment
  • 8.7% Dividend Payer Linn Energy Was Dissed At Ira Sohn - Is There Reason To Worry? [View article]
    Savings accounts paid 5 1/4% until they were deregulated.
    May 22 04:51 PM | Likes Like |Link to Comment
  • General Electric Looks As If It's Becoming The Shareholder-Friendly Company It Once Was [View article]
    Hi Chuck, I apologize if it came out like criticism at you. It wasn't. It was more of a comment of the "market" buying into "him". I always enjoy your articles and learn something from them and the comments.

    Thanks for teaching!
    May 22 03:23 PM | Likes Like |Link to Comment
  • General Electric Looks As If It's Becoming The Shareholder-Friendly Company It Once Was [View article]
    "As an interesting aside, this was occurring during the height of the Jack Welch era (Jack left in 2001)."

    I don't see this as an aside at all. I am surprised there were no other comments about Welch the egomaniac that magically outperformed earnings estimates sometimes by a single penny just to keep the street and analysts happy. Massaging the numbers is an understatement. He jumped ship cause he knew it was dangerously overloaded with junk he had piled on.

    Immelt has done a wonderful job at turning around the company he was handed.
    May 22 02:45 PM | 4 Likes Like |Link to Comment
  • To Sustain The Rally, The Fed Should Start Tapering Now [View article]
    The market rarely does what "everyone" knows will happen.
    May 21 12:54 PM | 1 Like Like |Link to Comment
  • What To Do When Things Are Nuts? [View article]
    On the other hand, so many people feel the same way (myself included) and with so much money sitting on the sidelines earning nothing, that may be why money continues slowly moving into equities. I don't know but there is the opportunity cost of missing the rally and waiting for a sufficient pullback that might not materialize. Many people need to generate something from maturing bonds & CDs.
    May 20 10:34 AM | 2 Likes Like |Link to Comment
  • High Yield Bond Market Sets New Records [View article]
    Thank you for the information!
    May 17 09:52 AM | Likes Like |Link to Comment
  • High Yield Bond Market Sets New Records [View article]
    North, Good article. Thanks for pointing it out. Blackrock produces some good literature. He does end up saying "I prefer floating-rate notes and bank loans over high yield. " and I agree. I have been switching some cash and fixed rate funds towards FLOT (investment grade floatig fund), BKLN (bank loan floaters which have priority and higher recovery rates than other bonds), and Fidelity's high yield floatter fund FFRHX.

    In my opinion, the risk/reward tradeoff on most fixed rate does not justify big positions anymore so I've been lightening up taking some profits and placing those funds in these funds. As you've said, better than zero yielding cash.
    May 17 09:20 AM | Likes Like |Link to Comment
  • High Yield Bond Market Sets New Records [View article]
    Southgent, Thank you for all the information. I picked up FLOT, BKLN and Fidelity's inhouse floating fund FFRHX over the past 8 months. I'm using them for some of my cash. I know they are not really a cash replacement but it's a way to generate some yield for idle funds. I've read your blog for years and have dabbled in ISM & SCEDN as well. Like the diversification these are giving.

    I also have enough preferreds that I am not picking up those Libor based floaters. I never picked them up cause I think they may not behave as well as many think when rates rise cause their floors are much higher than current rates which means their rates won't rise for quite some time when rates start moving. I did pick up some fixed floating preferreds a few years back from PNC & USB that are paying over 6% for 5 & 10 years then float at Libor + 400+ bps.

    USBpM http://bit.ly/19E4VbP
    USBpN http://bit.ly/10xzzTb
    PNCpP http://bit.ly/19E4T3G

    They are trading as big premiums so I wouldn't buy them here. In fact, I wonder if I should sell them. Interested in your thoughts on selling them.

    Regards.
    May 17 09:05 AM | Likes Like |Link to Comment
COMMENTS STATS
376 Comments
306 Likes