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robertc39 » Comments » BAC

  • Who Will Profit from Mark to Market Changes?  [View article]
    This is all very confusing. If the value of the asset (real estate) goes down how do you treat the mortage which, in theory, still holds its value. Should this not compensate for the loss in value of the asset (real estate). I have bonds which I do not mtm since I plan on holding them until they mature, I purchased them for income. Should I price them every day?
    Mar 22 09:29 am |Rating: +3 -1 |Link to Comment
  • A Reverse Stock Split Explosion Is on Its Way [View article]
    I am a little disgusted with this whole stock market. I thought that I was investing for retirement, now I find that I am in a crap game where the winners make the rules and the little guy gets screwed. Even based on the above comments, you do a reverse split than they come along and short the stock to drive the price down. I purchased preferred stock, under the misunderstanding that I was in pretty safe territory and now find that it is a risk. They can suspend the payment or go belly up and I am screwed. I am not worried about price I am only concerned about the income.
    I know that many of you are going to say that it is my problem but when your income is tied to a dividend you can get a little annoyed.
    Mar 08 12:56 pm |Rating: +2 0 |Link to Comment
  • Bank Bailouts and Trust Preferreds: Still Too Much Risk Here [View article]
    This is all very confusing. I bought preferred for income and know nothing about the difference between trust preferred. preferred etc. It seems to me that all this nonsense makes it difficult for a little guy who is simply looking for income to figure out what to do. We don't all want to be sharp traders on Wall street.
    Mar 06 17:31 pm |Rating: 0 0 |Link to Comment
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