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Topcat56

Topcat56
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AMZN, BP, COP, COST, CVX, DUK, EWA, FIW, GDP, GE, KO, MCF, O, PG, PIO, RDC, RDS.A, RKT, SO, TOT, XOM
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  • Exxon: Future climate rules won't curb fossil fuel investments [View news story]
    Could not agree with you more. I remember the 70's fuel shortages all too well. This might be overly simplistic thinking on my part, but I've never understood why the fossil fuels and renewable energy has to be an either/or situation. We are a hydrocarbon society and will continue to be for quite some time, as much as this might distress certain people. But it is just common sense to develop alternative energy sources whenever we can, I think that whatever energy we can generate from wind, solar, hydro, geothermal, we are that much more to the good. The reality is that, barring an unforeseen breakthrough in alternative energy, the vast majority of our energy needs will continue to be met from fossil fuels.
    Apr 1 03:17 AM | 3 Likes Like |Link to Comment
  • Saying Goodbye To Coca-Cola, Time To Move On [View article]
    Just on a personal level, and I could be wrong, I don't really consider chains like Dollar General, Family Dollar, Fred's, etc. as being in the same market as Walmart. The format is different, the merchandise mix is different, and to me there is just a whole different feel from Walmart. Sure, they are all discount retailers, but I think there is a significant degree of difference. I'm a retiree on a quite limited budget, and I do go into the "dollar stores" and look around from time to time, but I don't buy much, if anything at those stores, and I sure don't see anything that makes me want to switch from Walmart.
    Apr 1 02:52 AM | Likes Like |Link to Comment
  • Saying Goodbye To Coca-Cola, Time To Move On [View article]
    George, hope that you continue to comment in this forum, you've had some really good, insightful observations and communicate quite clearly. This is the second time I've read a post from you about KO, both have been very helpful.
    Mar 31 05:14 PM | 1 Like Like |Link to Comment
  • Saying Goodbye To Coca-Cola, Time To Move On [View article]
    I had the same thought when reading the article, the two companies don't seem to have much in common, seems a bit strange to me. Everyone has their own investment style, for me, I bought three stocks early in 2012: KO, PG, and XOM, all by direct stock purchase plans, and reinvested the dividends. Sold all three last July, made a good profit. I'm generally a long-term investor, but I had depleted my emergency cash fund, and after some consideration, I decided to sell the stocks and replenish my cash reserves. I'm currently not in any hurry to buy much of anything in the way of stocks. I'm adding to my savings (credit union account paying 2% interest, a really good deal in the current low-interest environment), buying a few I-bonds, and I opened my first brokerage account with Scottrade. My one and only investment with them so far is in the Schwab GNMA fund. In short, I decided that with the stock market at pretty much an all-time high, this would be a good time to focus on building up some boring but safe investments. The worst thing that can happen is that I miss some of the bull market upside, but I can live with that. In a roundabout sort of way, I guess I'm trying to say that even if a person decides to sell a stock right now, it's not mandatory to jump right into another stock the instant the check clears.
    Mar 31 05:07 PM | 2 Likes Like |Link to Comment
  • Coca-Cola: Don't Miss Out Like I Did [View article]
    Great info, thanks for the insight. I was born and raised in south Georgia, so I've always been a big fan of KO. When I was growing up, I had an uncle who lived and worked on his farm, but he was also the manager of a small independent gas station in town and worked there every other day. He would always have a case or two of cokes in his house, the small ones in the green bottles. So our whole family grew up drinking coca-cola. I agree that KO is a wonderful business, I just recently set up my very first brokerage account (scottrade) and my first individual stock purchase is definitely going to be KO.Thank you again for your comments, very well written and some very good information.
    Mar 18 02:01 PM | 2 Likes Like |Link to Comment
  • Coca-Cola: Don't Miss Out Like I Did [View article]
    You might already be aware of this, but back in the early 1900's, or maybe the 1920's, a banker in Quincy Florida for several years urged the area tobacco farmers to put some of their profits into Coca-Cola stock. I think that he even loaned some of them money against their tobacco crop so they could buy some shares. A lot of them did buy, and to this day Quincy has a lot of Coca-Cola money, a lot of those farmers and their descendants became millionaires. Google it to get the story, it makes for some good reading.
    Mar 17 09:51 PM | Likes Like |Link to Comment
  • Coca-Cola: Don't Miss Out Like I Did [View article]
    I am one of many KO admirers, and I've owned KO in the past (sold all my stock positions back in July 2013, needed to raise emergency cash, and I was up substantially on all three positions (KO, PG, XOM). While I think that KO is a fine stock to own, I'm not so crazy about the bottlers. I don't pretend to be an expert, and I certainly don't understand all the dynamics of the bottlers, but a couple of things have always bothered me about them. First and foremost, it's a very capital intensive business, compared to KO. You have the expense of bottling plants, the materials needed to bottle the product, the syrup from KO (and my understanding is that the pricing can be contentious), and the costs of distributing the finished product. Sure, KO has the expense of producing the syrup, but that's nothing like the expense of a typical bottling plant. I like the business model of KO much more than the bottlers. I guess if you are know the bottling industry, you might be able to trade it, but I sure wouldn't consider a bottler as a long-term investment. Just my opinion.
    Mar 17 09:45 PM | 1 Like Like |Link to Comment
  • Worried About Exxon Mobil? Are You Kidding Me? [View article]
    Wow! Just...wow! That's great!
    Mar 8 12:26 PM | Likes Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    I was going to offer the same advice, but you beat me to it! I've always been leery of annuities in general, but with these ultra-low interest rates, this is probably the worst time in the history of annuities to buy an annuity...unless of course you want to lock in those low, low rates forever...
    Jan 26 05:29 PM | 2 Likes Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    Ummm, hasn't gold lost about one-third of its value over the last year? And silver maybe even more? How is that "holding its value"?
    Jan 26 05:24 PM | 1 Like Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    I've always liked Woody Allen's comment about money: "I've never been in a position where having money made it worse".
    I think it is counterproductive to say that it is foolish to save money instead of (fill in the blank). Heck, when I was stationed in Northern California many years ago, an acre of land for vineyards was going for just a few thousand dollars. I'm sure that I left a lot of money on the table by buying Certificates of Deposit at the local S & L instead of buying that acreage. Or not buying stocks when the DJIA was bouncing between the high 700's and low 800's. Or...any number of things. But having cash on hand gives you choices, and it's there when you need it.
    Jan 26 05:21 PM | Likes Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    Might want to look at credit unions as a place to park at least some of your emergency cash. My credit union has a program called "Better Life" checking, and they pay 2 percent on balances up to 25,000 dollars. For a little guy like me, that's a pretty good deal.
    Jan 26 05:10 PM | 1 Like Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    A well thought-out, articulate reply. I like it.
    Jan 26 05:01 PM | 1 Like Like |Link to Comment
  • Southern Company Fails To Provide Clearer Picture Of Future [View article]
    Predictions are hard, especially about the future (Yogi Berra).
    Nov 7 09:36 AM | 4 Likes Like |Link to Comment
  • Why The Oil Companies Are Cheap [View article]
    You raise a good point about the new supplies of oil and natural gas that we can now recover, thanks to fracking and horizontal drilling. And a lot of it right here in the good ol' U.S. of A. This article doesn't seem to take that into account at all.
    And as far as BP, I recommend that anyone who is thinking about investing in that company to read a book titled "Run to Failure". I've followed big oil since the late 1970's, so I was aware of most of these incidents, but BP has a long history of poor operational management. This is an investment that could literally blow up in your face.
    Nov 7 09:30 AM | Likes Like |Link to Comment
COMMENTS STATS
197 Comments
189 Likes