Good News: Stocks Will Be Cheap Forever [View article]
Are you living under a rock? Real estate prices have appreciated considerably, job market has improved and the stock markets have shot up like a rocket in the past 2 years.
Bubbles are created by greed, and WE are to blame for the last one....dont blame bankers or point fingers at government. It was created by all the idiots buying homes who couldnt afford them, cashing out and taking home equity loans to buy more crap..then hasten those debt levels back up to where they started. You know you participated, but its ALWAYS someones elses fault right?
Gov and junk bonds are not in a bubble, but are at historically low yields and will correct at bubble speed (not anytime soon however). I hate stocks and always have, but I agree with the author (except for the vegas style stock picking)...your best bet moving forward are either managed stock based funds or multi-asset ETFs.
PCKDX, ARTGX and FAGIX will probably beat anything an individual can conjure together over a long period of time..I wouldnt hire an amateur to build my house (me), nor would I do the same with my life savings!
'Savvy Senior' Conservative IRA Portfolio Returns 16.4% In 2012 [View article]
Did you sleep through 2000 to 2010?
So basically you're saying dividends and stock prices rise forever (only way this strategy woks long term). WAG, PFE, BAC, GE and countless other dividend "champions" have returned NOTHING in 15 years...a testament to an era long past its prime.
Better yet placing money in the hands of brilliant people who earn returns you cant hope to match year after year - TEGBX, PONDX, AWF, PTF, MYD, PCKDX, ARTGX, to name some of my long term holdings and the more recent PDI
I just sit back earn dividends and ..well...do nothing. Maybe Im just 1 of the select few not arrogant enough to think I can do better than investment gurus over many years.
Tinkering with stocks is a hobby and hobbies dont make money.
'Savvy Senior' Conservative IRA Portfolio Returns 16.4% In 2012 [View article]
1 or 5 years performance means nothing? seriously? Thank god you arent a financial planner!
The 1 million people you mention are the sheep that buy high and sell low, or worse yet...buy and hold stocks thinking we still live in the Ma bell era. "seductive" should be replaced with "brainwashed" Hows that long term hold GE and BofA doin for ya?
You clearly were overly intoxicated writing that drivel.
__________ To the author...the article was very useful!
2 Top Analysts Make A Bullish Case For Bank Of America Stock [View article]
<Laughs>...if I listened to all the people that said "buy when it trends lower" I would have never purchased it at $5.50! Ignore advice from online forums, every stocks a buy and every stocks a sell. You just need to guess right 51% of the time.
2 Top Analysts Make A Bullish Case For Bank Of America Stock [View article]
Let me ask you this...if BAC were to reverse split to $25 (which means nothing), would it still be cheap? People seem to associate "cheap" based on price alone. BAC book value is a black hole. there are so many write-offs and accounting magic going on over the last 3 years, that number is simply unknown and hardly accurate. On a relative basis, Apple is FAR cheaper than BofA...its all in perceived vision.
I own BAC and will hold till $20 because its "cheap" and the herd doesnt know the difference...<ha> Its all about momentum!
Opportunity Costs For Dividend Investors [View article]
Coke is now at the price it was 27 years ago...exactly how do you get rich owning dividend stocks? Should I hold onto GE and BAC another 15 years so I can break even as well?
The real opportunity cost is buying no growth, stodgy companies that never move in price. Bonds have crushed the returns of KO the last 25 years, not hard when the price appreciation ratio is zero. If you would have just invested in a small cap stock index fund or better yet a managed one, you'd be laughing out loud at this article.
DRIPs truly are for Ma bell era (my grandma loves them)...did I mention she owns GE, BAC and MRK...ouch!
Contrarian View On International Dividend ETFs [View article]
Dont be fooled with intl stock ETF's, you get no diversification whatsoever. Take a look at any long term chart and as the US market goes, so do intl markets..just at a more chaotic pace.
Ive never considered stocks as good income producers other than REITS and others that pay 90%+ out like MLPs. Capital gains/losses make whatever accidental dividend you get an afterthought. That strategy only works if dividends rise forever and the stock price as well. GE anyone?
If you are talking real income at half the risk...hmmm, oh yes...bonds! Breaking news. At the very least go with an IYLD or GYLD and forget these ridiculous discussions about how great risky stocks are for income.
At What Tax Rate Are Munis Attractive? [View article]
The REAL bottom line is whether the gov will remove the muni tax benefits on the "rich". If that does happen, it will be a ripple effect to us "poor" slobs and these investments will tank.
it would be a shame as Ive owned munis as far back as I can remember...one of the best possible investments in any tax bracket.
Emerging market bonds have been the best asset class the last 15 years. The only Disappointing Dream you may have had is not owning them! Made a killing on PCY and TGINX,- 12% in the last 10 years.
Owning anything more but couple of global bond fund/ETFs makes no sense....I stick with a go anywhere bond fund and eliminate needing to buy 8 different ETFs to spread the risk. The US bond market is so overbought, why not eliminate that problem and buy a PONDX. I suppose boring doesnt make for endless banter on investment forums.
2 Popular Fixed Income ETFs I Would Never Own [View article]
Heres a comparison for you...bottom line results. YOU are missing the point BK, the ONLY thing that matters is profit at the end of the day regardless of how you get there or whatever comparisons you are obsessing over.
Passive will get you avg results, actively managed funds will better your chances exponentially. I laugh at people who say mutual funds are dated, charge high fees...blah blah. Check out TEGBX, PONDX and BJBHX and tell me you have any chance of beating those results the last 10 years. Better yet, I do nothing but sit back, pay my 1% fees for professional grade management and beat the armchair pros. Juggling ETFs on your own is a great strategy as long as you time them perfectly year after year...and really who doesnt in an investment forum <ha>
You can have your comparisons and feel smug about being right, I'll count my money and maybe float a loan for you.
Danger: Unexploded Bomb In Your Preferred Stock Portfolio [View article]
Ive left my fate to the "herd" bond managers at PIMCO and Templeton and earned a 10% return the last 15 years. Pretty rough indeed.
Easy to bash the professionals, but they are a hell of a lot more educated about what works than the avg do it yourself know-it-all joe in a seeking alpha article.
When the market falls like it is today (200 points), all the little guys will run away and sell - thats the definition of a herd.
Before You Sell Your Blue-Chip Dividend Stock ... [View article]
Well it helps that the market is up a couple thousand points too, so even the worst dog is up 9%. Owning the dependables has cost you appreciation at the expense of dividends. A plain vanilla small cap ETF crushed the returns of a VIG since 1/31.
Before You Sell Your Blue-Chip Dividend Stock ... [View article]
Woah, wait folks...dont sell that coca-cola stock just yet! Its selling at a historically high PE and you are almost at breakeven from its -1998- price all the while earning those astounding 2.5% reinvested dividends. <sarcasm>
How many years of under-performance buying and holding no growth mega-cap stocks will it take to convince you this strategy just doesnt work. You buy these names because they are familiar and are 'defensive" . Well, if Im going to buy high risk investments - individual stocks - Im buying them expecting at least a 20% capitol return in a year otherwise the risk isnt worth it. These miniscule 2% dividends may cover the brokerage cost, but are hardly a reason to buy these...really?
This year alone, I bought HPQ, BAC and AIG...all hated familiar names that have zero risk of going out of business anytime soon. Compare that to the ever-loved dividend payers Colgate, PG or KO and tell me where the real wealth lies.
income investors: buy a SDIV, GYLD, PCEF or MDIV....earn a real dividend and spread the risk all in 1 shot. Stocks in the modern era are nothing but short term flips, much like playing a slot machine.
Good News: Stocks Will Be Cheap Forever [View article]
Bubbles are created by greed, and WE are to blame for the last one....dont blame bankers or point fingers at government. It was created by all the idiots buying homes who couldnt afford them, cashing out and taking home equity loans to buy more crap..then hasten those debt levels back up to where they started. You know you participated, but its ALWAYS someones elses fault right?
Gov and junk bonds are not in a bubble, but are at historically low yields and will correct at bubble speed (not anytime soon however). I hate stocks and always have, but I agree with the author (except for the vegas style stock picking)...your best bet moving forward are either managed stock based funds or multi-asset ETFs.
PCKDX, ARTGX and FAGIX will probably beat anything an individual can conjure together over a long period of time..I wouldnt hire an amateur to build my house (me), nor would I do the same with my life savings!
Don't Be Victimized By The Semantics Of LETFs [View article]
You can complain of inefficiencies all day, I'd just rather take the enhanced profits and smile.
'Savvy Senior' Conservative IRA Portfolio Returns 16.4% In 2012 [View article]
So basically you're saying dividends and stock prices rise forever (only way this strategy woks long term). WAG, PFE, BAC, GE and countless other dividend "champions" have returned NOTHING in 15 years...a testament to an era long past its prime.
Better yet placing money in the hands of brilliant people who earn returns you cant hope to match year after year - TEGBX, PONDX, AWF, PTF, MYD, PCKDX, ARTGX, to name some of my long term holdings and the more recent PDI
I just sit back earn dividends and ..well...do nothing. Maybe Im just 1 of the select few not arrogant enough to think I can do better than investment gurus over many years.
Tinkering with stocks is a hobby and hobbies dont make money.
'Savvy Senior' Conservative IRA Portfolio Returns 16.4% In 2012 [View article]
The 1 million people you mention are the sheep that buy high and sell low, or worse yet...buy and hold stocks thinking we still live in the Ma bell era. "seductive" should be replaced with "brainwashed" Hows that long term hold GE and BofA doin for ya?
You clearly were overly intoxicated writing that drivel.
__________
To the author...the article was very useful!
2 Top Analysts Make A Bullish Case For Bank Of America Stock [View article]
2 Top Analysts Make A Bullish Case For Bank Of America Stock [View article]
I own BAC and will hold till $20 because its "cheap" and the herd doesnt know the difference...<ha> Its all about momentum!
Opportunity Costs For Dividend Investors [View article]
The real opportunity cost is buying no growth, stodgy companies that never move in price. Bonds have crushed the returns of KO the last 25 years, not hard when the price appreciation ratio is zero. If you would have just invested in a small cap stock index fund or better yet a managed one, you'd be laughing out loud at this article.
DRIPs truly are for Ma bell era (my grandma loves them)...did I mention she owns GE, BAC and MRK...ouch!
Contrarian View On International Dividend ETFs [View article]
Ive never considered stocks as good income producers other than REITS and others that pay 90%+ out like MLPs. Capital gains/losses make whatever accidental dividend you get an afterthought. That strategy only works if dividends rise forever and the stock price as well. GE anyone?
If you are talking real income at half the risk...hmmm, oh yes...bonds! Breaking news. At the very least go with an IYLD or GYLD and forget these ridiculous discussions about how great risky stocks are for income.
At What Tax Rate Are Munis Attractive? [View article]
it would be a shame as Ive owned munis as far back as I can remember...one of the best possible investments in any tax bracket.
Emerging Markets: Disappointing Dream [View article]
Emerging market bonds have been the best asset class the last 15 years. The only Disappointing Dream you may have had is not owning them! Made a killing on PCY and TGINX,- 12% in the last 10 years.
Owning anything more but couple of global bond fund/ETFs makes no sense....I stick with a go anywhere bond fund and eliminate needing to buy 8 different ETFs to spread the risk. The US bond market is so overbought, why not eliminate that problem and buy a PONDX. I suppose boring doesnt make for endless banter on investment forums.
2 Popular Fixed Income ETFs I Would Never Own [View article]
2 Popular Fixed Income ETFs I Would Never Own [View article]
Passive will get you avg results, actively managed funds will better your chances exponentially. I laugh at people who say mutual funds are dated, charge high fees...blah blah. Check out TEGBX, PONDX and BJBHX and tell me you have any chance of beating those results the last 10 years. Better yet, I do nothing but sit back, pay my 1% fees for professional grade management and beat the armchair pros. Juggling ETFs on your own is a great strategy as long as you time them perfectly year after year...and really who doesnt in an investment forum <ha>
You can have your comparisons and feel smug about being right, I'll count my money and maybe float a loan for you.
Danger: Unexploded Bomb In Your Preferred Stock Portfolio [View article]
Easy to bash the professionals, but they are a hell of a lot more educated about what works than the avg do it yourself know-it-all joe in a seeking alpha article.
When the market falls like it is today (200 points), all the little guys will run away and sell - thats the definition of a herd.
Before You Sell Your Blue-Chip Dividend Stock ... [View article]
Before You Sell Your Blue-Chip Dividend Stock ... [View article]
How many years of under-performance buying and holding no growth mega-cap stocks will it take to convince you this strategy just doesnt work. You buy these names because they are familiar and are 'defensive" . Well, if Im going to buy high risk investments - individual stocks - Im buying them expecting at least a 20% capitol return in a year otherwise the risk isnt worth it. These miniscule 2% dividends may cover the brokerage cost, but are hardly a reason to buy these...really?
This year alone, I bought HPQ, BAC and AIG...all hated familiar names that have zero risk of going out of business anytime soon. Compare that to the ever-loved dividend payers Colgate, PG or KO and tell me where the real wealth lies.
income investors: buy a SDIV, GYLD, PCEF or MDIV....earn a real dividend and spread the risk all in 1 shot. Stocks in the modern era are nothing but short term flips, much like playing a slot machine.