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poortorich

poortorich
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  • Apple's Move Into Content Creation Could Devastate Netflix And Amazon [View article]
    AAPL should buy DIS.
    Sep 1, 2015. 01:04 PM | 3 Likes Like |Link to Comment
  • The Force Is Strong With Disney's Star Wars 7 Debut Deal For IMAX Theaters [View article]
    For every box office dollar Star Wars gets from the movies it"ll get roughly 5-6 dollars from other sources.
    Aug 31, 2015. 10:49 AM | 1 Like Like |Link to Comment
  • Blood In The Streets: Does Anyone Remember The Tech Bubble Or The Housing Crash? [View article]
    Ive been through both internet and housing bubbles. It permanently scarred many investors who are no longer in the market.
    Aug 29, 2015. 02:35 AM | Likes Like |Link to Comment
  • Stop Telling Investors To 'Not Panic' Because You Have No Idea What The Markets Will Do [View article]
    Plumber

    Looking at the chart, Im wondering how one can lose 750K (or whatever amount) in Intel by not selling in 2008?
    Aug 25, 2015. 09:28 PM | Likes Like |Link to Comment
  • Stop Telling Investors To 'Not Panic' Because You Have No Idea What The Markets Will Do [View article]
    "I have no idea what the markets will do" Me neither.
    However, I do know with fair degree of certainty that there are some companies whose earnings, intrinsic value, dividends will continue to compound in the future. Those are the companies that I buy, and buy more without panicking during market downturns and hold for a very long time.
    Aug 25, 2015. 05:29 PM | 3 Likes Like |Link to Comment
  • Is It Safe? [View article]
    During the past 100 years there have been 32 bear markets (defined as a drop of more than 20%). The average time to reach the previous high? 3.3 years.
    Aug 25, 2015. 10:30 AM | 3 Likes Like |Link to Comment
  • The Correction Everyone Asked For, But Nobody Wants [View article]
    Bret
    Good article. Ive been through several bull and bear markets. This "correction" is nothing like 2009. Fear was in the air and palpable.
    If one's time frame is long term, then these dips/crashes are a welcome sight.
    With regard to the current dip, the question is where can you put your money, especially with interest rates so low? Even if interest rates are raised, it will likely be in small increments. So where can you your money? In high quality stocks with earning power to increase their intrinisic value long term . Volitility is just noise. I sleep well at night. My advise to people who are long term minded...dont check the price of companies so often. Perhaps only once a year.
    Aug 23, 2015. 12:47 AM | 18 Likes Like |Link to Comment
  • PayPal Holdings Is Pursuing A Strategy That Could Hurt Valuation [View article]
    Schulman, the guy in charge of Paypal came from American Express. AXP gives out credit, in addition to processing payments.
    Aug 22, 2015. 07:26 PM | Likes Like |Link to Comment
  • 9 Of 11 U.S. Cities Overrun With More Renters Than Homeowners [View article]
    Many people were on margin during the 1929-32 crash. If they had owned stocks outright, they would have done fine.
    Aug 22, 2015. 07:24 PM | 2 Likes Like |Link to Comment
  • 9 Of 11 U.S. Cities Overrun With More Renters Than Homeowners [View article]
    Hey David

    Thats a good point.
    Aug 22, 2015. 12:30 PM | Likes Like |Link to Comment
  • The Bull Market Is Over [View article]
    Total

    Good points. But its hard to pick a bottom. What if i sold but never drops below the tax level and starts going higher.
    If im able to live on $96,000 a year, then i dont think i would care what the price of JNJ was. I would also be able to sleep well at night. The $96,000 that i would get in dividends could grow to $188,000 in 10 years without me doing a single thing except sitting on by behind.
    Aug 21, 2015. 07:00 PM | Likes Like |Link to Comment
  • The Bull Market Is Over [View article]
    Some perspective.

    The cost basis (dividend adjusted) for JNJ is $1.5/share bought in 1985. The price right now is $98/share. A $50,000 investment would be worth $3,200,000 right now. The dividends you would collect now would be $96,000/year. The longer you hold a great company through up and down markets, your cost basis drops particularly during down markets because of dividend reinvesting.

    In my portfolio, the cost basis is such that the tax hit of selling would be greater than a correction. But why sell when i know the intrinsic value of my companies will be significantly higher in the future.
    Aug 21, 2015. 12:59 PM | 3 Likes Like |Link to Comment
  • 7 Charts That Show No U.S. Recession In Sight [View article]
    Is this the beginning of a crash? Who knows. But it is during times of fear that the seeds of future wealth is planted.
    Aug 21, 2015. 11:17 AM | 2 Likes Like |Link to Comment
  • The Bull Market Is Over [View article]
    Always focus on the earning power of individual companies, rather than macro trends or headlines. One will never invest. Over time, corrections (both major and minor) become a small blip on the radar.

    For regular investors of equities who think long term, corrections are a welcome sight.
    Aug 21, 2015. 11:11 AM | 5 Likes Like |Link to Comment
  • 9 Of 11 U.S. Cities Overrun With More Renters Than Homeowners [View article]
    The demand for housing will continue. Population growth is exponential whereas housing growth is linear.
    Aug 21, 2015. 10:59 AM | Likes Like |Link to Comment
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