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MartyFL

MartyFL
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  • Reinvesting Dividends Vs. Saving Them And Buying On Stock Price Drops - Part II [View article]
    Nice analysis and I agree that I was surprised at the results. I wonder if this shows you are better letting your winners run since the manual purchase was for a stock that had declined which was warranted possibly was due to poor business performance. It also may just simple show that most people can't time the market os it is best to get your money into it as soon as you have it rather than wait.
    Sep 20 09:29 AM | Likes Like |Link to Comment
  • Tortoises Win The Retirement Race [View article]
    JP, That's exactly what I did and I saved even more. You are correct, you don't miss the money cause you never saw it in the first place, you live off the net on the check not the gross.
    Sep 20 09:21 AM | Likes Like |Link to Comment
  • Tortoises Win The Retirement Race [View article]
    Spot on. I'm driving a 2000 Toyota that looks and runs like a 3 year old car. (Garages are great.)

    I try to explain to my broke friends & family how much they could save every month & year if they just cut out the daily stop for coffee and lunch. They just don't get it. They drive relatively new cars, bring their pets to the groomer and have their nails done but struggle with their bills and have nothing saved for retirement. I make my own pot of coffee at home, brush my cat daily and cut her nails weekly. Not a problem at all.

    While I am sympathetic for the truly poor and unemployed, there are way too many (we all know some) that just don't even understand basic math to figure out how small changes in their consumption can result in big changes in their overall financial picture.
    Sep 20 09:09 AM | 3 Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    RFitz, sorry I don't know about any other nice freebies or discounts. If others know of any please share them. I have a Schwab account also. I have an IRA at TRowe & Rollover IRA at Schwab. I like to keep them separate for a variety of reasons. Also like the banking options at Schwab. Very happy with TRowe Capital Appreciation fund over the years. Never had an account at Ameritrade. So many to choose from. Some are giving nice cash payments for newly transferred assets.
    Sep 14 02:16 PM | Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    RFitz, Free premium Morningstar from T Rowe Price for an account over $50K or $100K. Its a nice perk I actually use...
    Sep 14 10:59 AM | Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    RF, I've read just the opposite. I have premium access at Morningstar. They specifically addressed the incorrect claim and say Kinder's maintenance is all at industry standards and so it their debt which would be out of whack if they were pushing all the maintenance to capital expansions.

    Stop repeating false acquisitions unless you can specify your sources rather than simply saying "I read..."
    Sep 13 05:41 PM | 1 Like Like |Link to Comment
  • Income Strategies For Raising Rate Markets [View article]
    Nice summary of fixed income and the risks. I didn't realize there was a perpetual ETF. Thanks. Might be worth taking a look if and when rates ever hit double digits again.
    Sep 13 10:33 AM | 1 Like Like |Link to Comment
  • We All Make Many Mistakes, What Do We Do Next? [View article]
    Thanks for sharing Bob. We all make mistakes. Hopefully we learn from them. What I've learned is to try to minimize the loss on mistakes. I've tried to get a lot more disciplined and sell more quickly on losers rather than sitting and hoping for a recovery. Sometimes the market does know better. Yeah, I've been wrong with that approach too but I believe it has kept my losses smaller than they would have been. In the end, you're doing OK as long as you have far more winners.
    Sep 12 10:59 AM | Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    So, I think we could have a popular club. You can buy in now.
    Sep 11 07:00 PM | 5 Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    Stew, I've noticed that all over even with well educated people. So, they all seem to be starting their thoughts with so. Drives me nuts.

    So, are we getting too old and cranky?
    Sep 11 04:26 PM | 4 Likes Like |Link to Comment
  • Hedgeye Report On Kinder Morgan Fails To Impress [View article]
    Joan, A lot of us have real money on the line and are hoping you are correct. A good reason for diversification.

    I never bought into Panera Bread because their founder had a history of a prior bankrupt bakery/coffee shop. Investor relations could not explain why it would be different this time. Oops. I missed one there.
    Sep 11 04:20 PM | 3 Likes Like |Link to Comment
  • Bears Attack Kinder Morgan [View article]
    Five, Yes I can confirm your comment is missing. I remember reading it. Quite disappointing that SA would remove it. There was nothing inflammatory or off base in it that justifies its deletion.
    Sep 11 09:50 AM | 1 Like Like |Link to Comment
  • Bears Attack Kinder Morgan [View article]
    I am not an MLP pipeline analyst. However, I read this report with great interest. My overall impression was: that's all? It mostly seems a matter of opinion in that they focus primarily on whether the Kinder companies spend enough on maintenance or use up their assets only to replace and increase capacity at the end of the life and categorize that increase as capex. From what I could gather, they did not do industry comparisons so I have little to judge their claims by. My impression is they spent a lot of time analyzing this company and came up with little.

    I wonder if Kinder companies identified takeover companies that were over spending on their maintenance and realized big savings and cash flow by better management.

    Since the pipeline and storage industry has been growing rapidly, it seems the decision to minimize maintenance and to replace and increase capacity has been a good one. Why spend excessively on assets you intend to replace?

    Without comparing spills and maintenance expenses to the industry the report does not appear to find substantial issues rather opinions. I'm happy they seem to be maximizing returns to investors.

    I'm sure interested in reading other opinions. Thanks for sharing your interpretations.
    Sep 10 01:13 PM | 5 Likes Like |Link to Comment
  • Bears Attack Kinder Morgan [View article]
    RIP, Thanks for sharing! I'm going through it now.
    Sep 10 12:26 PM | 1 Like Like |Link to Comment
  • How Fed Policy Has Devastated 3 Generations Of Retirees [View article]
    Gary,
    That was one of the best lessons my father taught me. When I started working full time, I got all this paperwork about retirement plans. Asked my dad what to do. He said to go for the max. I did that and more for my entire working career and is why despite being laid off in 2009, I've had a nestegg to live off of. No lost house, food stamps or going without health care. Save till it hurts and then save some more.
    Sep 6 11:07 AM | 1 Like Like |Link to Comment
COMMENTS STATS
382 Comments
312 Likes