Investing Strategies for the Next 'Lost Decade' [View article]
I have been switching to dividend payers over the last few years. It is just too hard to predict the markets. I always thought I was buying at a "good price" until AFTER that price began to fall. My timing is horrible, but at least I get dividends to soften the blow.
With banks paying 1% on average, I feel better about my financial situation knowing I will collect 3 to 9% from an energy company (mostly the pipe lines).
At the Precipice: When Everyone's Fearful ... Sell? [View article]
What happened to "be greedy when others are fearful"? There are some great stocks out there at good prices. The question, as always, is "where is the bottom"? Few of us are able to foresee the tops and bottoms, regardless of all those charts and predictions!
If you like a company with good fundamentals, why not buy when the price is low?
Wall Street Breakfast: Must-Know News [View article]
A company has to be making a good profit to even consider hiring new employees. Factor in all the new taxes (Obama's "change") and we can expect unemployment to continue.
(If I can't keep up with current payroll, why in the world would I add to it?) We need to see hiring from a business perspective.
I am long BP and will continue to stay hoping for a brighter future. I have no idea if the stock price will go up or down, but am happy to receive dividends either way.
A Brazilian federal prosecutor launches his second 20B real lawsuit ($10.9B) against Chevron (CVX) and Transocean (RIG) relating to an oil leak in Chevron's offshore Frade field (earlier). The new suit also seeks to prevent the two companies from operating in Brazil, transferring profits or equipment from the country, and obtaining government financing. [View news story]
This is disgusting. We should NOT trust these countries run by dictators/ tyrants! The oil companies should have known better, especially after the gulf spill here. At least the US allows more fair restitution and/or access to courts.
I'm not saying they should not pay for damages, but this is ridiculous!
The current tax laws, in print, fill an entire building! No wonder so many pay someone to prepare their yearly tax returns--and many of those "experts" still make mistakes! The current system run by the IRS must be shut down. The only fair taxation would be a sales tax on everything except food items.
Imagine all the money we'd save by eliminating all IRS jobs and all tax preparation fees!
Australia's 40% Resource Tax - Time to Buy Non-Australian Miners [View article]
More stupidity from politicians--I'm very disappointed in those ruling Australia because I always thought they had it "together", compared to other countries. This is sad. I really liked BHP, but sold my shares.
Dividend Growth And Income Investing Vs. Total Return: A Battle For The Mind [View article]
I noticed that also. I've also read, many times, NOT to "buy a dividend." I think that means not to buy around the time a dividend will be declared or paid. I'm not sure, but just in case, I always check a company's ex-dividend date !
I am also an investor in only good companies that pay dividends. When the entire market tanks, my psychology is: "Well, at least I'm still getting dividends" ! Sometimes, I buy more shares on the dips.
I am retired, and that has not been discussed here. Dividends are really important to retirees for additional income, if needed. Thus, I was as disappointed as those in the U.K. when BP cut its dividend to zero. It is now paying again, but muich less. Hopefully in the future, the higher dividend will be restored.
A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
I'm surprised no one mentioned the costs of health care after retirement. Even with a good health insurance policy, you will pay premiums, co-payments, and/or deductibles for your future medical care. I personally know many who planned for retirement, but now find 28% + of their income is going toward their health care. Some are dipping into savings after a few years.
Are you healthy now? So were they--before retirement. "Chance and unforeseen occurance befall us all..."
I resent the name calling, slander, and strong arm tactics of the US government, namely Obama. This was, afterall, an accident. There are no conclusions on exactly how this happened, based on facts--yet. It is still speculation as to how the BOP failed, etc.
BP will survive this disaster, and the energy companies will learn a big lesson and strengthen their own safety standards. No company wants accidents, especially of this magnitude (common sense).
Negative publicity may push BP to pay some unjust claims. I hope management has the strength and will to hold up to threats from Obama. Am I the only one thinking that tourism is down in ALL vacation spots--unemployment is high in ALL states? Seems like many are lining up to make a claim of lost business and wages, when their sales would have been low any way due to the recession and many coastal workers were laid off BEFORE the disaster.
I thought that BP's efforts to salvage the oil was a good one: this way there is less oil leaking into the gulf, thus, less to clean up. I highly doubt BP has sabotaged efforts to plug the leak--more than anyone, they have been trying to limit their liability. I believe BP has tried every way they know to stop the leak. I say "know how to" because I doubt a leak like this, at that depth, has ever occurred before.
Does BP Have Enough Cash to Weather Storm? [View article]
That's a ridiculous thing to post. Yes, it WAS an accident, and could have happened to other drillers. Think about this--no company in the world would purposely cause such an accident! Accidents are costly whether in the oil field or coal mines or factories. No management wants accidents to happen for a number of reasons, but #1 is always COST.
Why We All Should Share the Cost of the Gulf Oil Spill Cleanup [View article]
This is a complicated issue, indeed. You want everyone who buys gasoline or oil products to be responsible--accidents happen in the process of seeking out more oil for everyone. The question then is: where does the responsibility end? Is everyone who eats food responsible for the companies that produce those foods you eat? How far does society stretch the responsibility?
In the case of an oil spill/accident, is anyone responsible other than those involved in that particular endeavor? If you take away the responsibility, will companies continue to strive to prevent accidents?
Why To Vote 'Yes' On Icahn's Proposals For Transocean [View article]
Totally agree! Why fault a company for doing the smart (and perfectly legal) thing? If Washington continues to raise taxes, many more companies will be leaving the country.
Furthermore, as puertoescondidan points out, the U.S. still gets its share of taxes from anyone doing business here.
Something Spooky About the Way This Rally Is Unfolding [View article]
When the printing presses stop, the market could tank.
Investing Strategies for the Next 'Lost Decade' [View article]
With banks paying 1% on average, I feel better about my financial situation knowing I will collect 3 to 9% from an energy company (mostly the pipe lines).
At the Precipice: When Everyone's Fearful ... Sell? [View article]
If you like a company with good fundamentals, why not buy when the price is low?
Wall Street Breakfast: Must-Know News [View article]
(If I can't keep up with current payroll, why in the world would I add to it?) We need to see hiring from a business perspective.
BP Could Tumble $6 Lower By 2013 [View article]
A Brazilian federal prosecutor launches his second 20B real lawsuit ($10.9B) against Chevron (CVX) and Transocean (RIG) relating to an oil leak in Chevron's offshore Frade field (earlier). The new suit also seeks to prevent the two companies from operating in Brazil, transferring profits or equipment from the country, and obtaining government financing. [View news story]
I'm not saying they should not pay for damages, but this is ridiculous!
Tax Cuts Won't Cut It [View article]
Imagine all the money we'd save by eliminating all IRS jobs and all tax preparation fees!
I can't see a downside to that.
Australia's 40% Resource Tax - Time to Buy Non-Australian Miners [View article]
Dividend Growth And Income Investing Vs. Total Return: A Battle For The Mind [View article]
I am also an investor in only good companies that pay dividends. When the entire market tanks, my psychology is: "Well, at least I'm still getting dividends" ! Sometimes, I buy more shares on the dips.
I am retired, and that has not been discussed here. Dividends are really important to retirees for additional income, if needed. Thus, I was as disappointed as those in the U.K. when BP cut its dividend to zero. It is now paying again, but muich less. Hopefully in the future, the higher dividend will be restored.
A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
Are you healthy now? So were they--before retirement. "Chance and unforeseen occurance befall us all..."
Is BP’s Dividend Safe? [View article]
BP will survive this disaster, and the energy companies will learn a big lesson and strengthen their own safety standards. No company wants accidents, especially of this magnitude (common sense).
Negative publicity may push BP to pay some unjust claims. I hope management has the strength and will to hold up to threats from Obama. Am I the only one thinking that tourism is down in ALL vacation spots--unemployment is high in ALL states? Seems like many are lining up to make a claim of lost business and wages, when their sales would have been low any way due to the recession and many coastal workers were laid off BEFORE the disaster.
BP: Damned by Internal Documents [View article]
Does BP Have Enough Cash to Weather Storm? [View article]
Why We All Should Share the Cost of the Gulf Oil Spill Cleanup [View article]
In the case of an oil spill/accident, is anyone responsible other than those involved in that particular endeavor? If you take away the responsibility, will companies continue to strive to prevent accidents?
Why To Vote 'Yes' On Icahn's Proposals For Transocean [View article]
Furthermore, as puertoescondidan points out, the U.S. still gets its share of taxes from anyone doing business here.