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Ruk

Ruk
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  • GAMCO Global Gold, Natural Resources & Income Trust: Only So Much It Can Do [View article]
    Mike in Idaho,

    I would not beat yourself up to much. I am not any wiser than you the average cost on my total position is close to 8.

    No one can call the bottom of any stock or market , I have grabbed quite a few falling knives in my day in almost 50 years of investing in every type of market you can think of.

    That is why you need to have confidence in your reason for investing and be patient. Don't listen to all the talking TV heads and so called experts.
    They do not know any more than you do , just look at their track records.

    I can only tell you I have lost more money listening to advisers, reading newsletters , money mangers, investment theories, than I ever have following my own instincts and practical sense.
    Mar 18, 2015. 04:47 PM | 3 Likes Like |Link to Comment
  • GAMCO Global Gold, Natural Resources & Income Trust: Only So Much It Can Do [View article]
    I believe it was Jesse Livermore a very famous investor in the early 1900s who said " Buy when there is blood in the streets" . That statement certainly characterizes the precious metals and energy markets.

    IMO, it would be a mistake to panic and unload your position GGN at this point.
    I in-fact did the opposite and added to mine when the price dropped below 7.

    Good luck to all of us that own GGN. I believe our patience and lack of panic will ultimately be rewarded.
    Mar 18, 2015. 12:38 PM | 4 Likes Like |Link to Comment
  • Kinder Morgan: Trees Don't Grow To The Sky [View article]
    David,

    I am not sure where you statement about KMI trading near all time highs is coming from not to long ago KMI was over 43 it's now over 39.

    In my opinion there is no better place in the energy space to be than KMI at this point. That is why it has not crashed and trades at a premium. Oil and natural gas have to move no matter what the price and pipelines are the most cost effective safest way to do that. They are the 800 lb gorilla in the pipeline space.

    The sale of Euro denominated bonds was a very smart move on KMI's part. It exploits the incredibly low cost of borrowing in Europe that now exist.

    I am currently long a significant position in KMI at an average cost of about 38.75 . I added some yesterday under 40 and will add more if KMI falls.

    I have no idea where KMI might bottom and neither does anyone else. I do believe that a patient investor will be very well rewarded and can collect 5% while they wait. If you are very nervous about KMI falling from this point you can always hedge your position with a covered call.

    Be well,
    RUK
    Mar 12, 2015. 12:17 PM | 3 Likes Like |Link to Comment
  • The War On Savers, Part 1: A Deteriorating Landscape For Long-Term, Fixed Income Investors [View article]
    Owl,

    Well written & well thought out article , I believe your analysis is dead on. Several months ago I sold my complete very significant position in NYS Municipal bonds , my last fixed position of any type.

    The fixed income market is a very dangerous place to be now, the fixed market will overreact to even the slightest 25 basis point increase , which is ridiculous in my opinion, but the unfortunate reality.

    I also like bank preferred stocks as a substitute , I am looking at starting a position in PFF

    Be well,
    RUK
    Mar 11, 2015. 04:20 PM | 2 Likes Like |Link to Comment
  • CVR Partners: 2015 Is Looking Bright For This Fertilizer Play With Up To 60% Upside [View article]
    Albert,

    Good analysis and well written piece. I have been substantially long this stock for some time. I originally bought it as an agriculture play and because of the solid dividend.

    Thanks for the good work.
    Feb 26, 2015. 11:44 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: Don't Throw Out The Baby With The Bathwater [View article]
    Albert,

    Good common sense, straight to the point article. KMI, IMO is the best place in the energy sector to be right now. No matter what the price of oil or natural gas is , it still has to move . Pipelines are the most efficient cost effective way to do that.

    KMI has many long term contracts which will serve to protect their pricing.

    I am currently very long KMI , it is one of my largest positions . I will add more , if sellers get scared out and the price drops below $40.
    Nov 29, 2014. 11:23 AM | 8 Likes Like |Link to Comment
  • CVR Partners' (UAN) CEO Mark Pytosh on Q3 2014 Results - Earnings Call Transcript [View article]
    UAN really needs to dump this current management, they obviously are clueless.

    Lnog UAN , down 30&
    Nov 25, 2014. 05:11 PM | 3 Likes Like |Link to Comment
  • Why Japan's Money Printing Madness Matters [View article]
    David,

    As you were in government, you continue to be one of the most rational and sensible voices out there. Unfortunately, that does not seem to mean much anymore. I believe and obviously have for sometime , that this is a totally propped up market. I exited the markets for the most part about 1 1/2 years ago, 15% invested, probably left several hundreds of thousands on the table.

    Please keep up your sensible and I think , will prove accurate warnings.
    Be well,Ruk
    Nov 18, 2014. 07:20 PM | 1 Like Like |Link to Comment
  • My Dividend Growth Investing Epiphany [View article]
    Daniel,

    Your response is dead on , I also live in a very high taxed college town in NYS. I am 63 years old with substantial liquid assets and have yet to own an investment property. What makes it even worse is that my wife is a successful real estate broker in this town.

    I have tried to make the numbers work on many small residential rentals , the total return just has not been worth the potential aggravation vs... REITs , which are currently my real estate investment vehicle.

    Don't get me wrong , I think owning actual income producing real estate is a good investment , but in state like NY you need to own a large number of income producing properties to make it work.
    Therefore as you correctly stated it is very situational 
    Oct 23, 2014. 05:55 PM | 4 Likes Like |Link to Comment
  • Tick Seasons Come And Go, But PetMed Express Goes On [View article]
    You are dead on , I made a similar comment on another PETS article.

    I currently own the stock , so I am trying to decide what to do going forward.

    I will definitely not add to my position, more than likely sell. I have been burnt several times over my 40 + years of investing by less than forthcoming management.
    Oct 22, 2014. 05:59 PM | 2 Likes Like |Link to Comment
  • Bond: The Little 4 Letter Word Investors Hate To Use [View article]
    Adam,

    As usual , well thought out common sense approach to bond investing in these times.

    Currently my only bond position is a very significant position in NYS munis, since I live in NYS. Munis took a beating earlier in the year on bankruptcy scares like Detroit and comments from analyst like Meredith Whitney. So I bought in big, because I did not believe the scare, government entities can always tax to raise money as we know all to well in NY.

    I like the short and intermediate end of the curve. what is your opinion of the muni space at this time ?
    Be well,
    Ruk
    Oct 22, 2014. 02:26 PM | Likes Like |Link to Comment
  • PetMed Express' (PETS) CEO Menderes Akdag on Q2 2015 Results - Earnings Call Transcript [View article]
    Useless conference call , no future guidance on the company or pet supply market.

    The management is not very transparent on the cause for the decline in sales and profit. Sales of flee and tick products should be booming, every vet in the country is recommending it, especially in the Northeast & Northwest. Something else is causing the low sales numbers.

    He was also very evasive on the failed IT project.

    I am currently long the stock , until this conference I was looking to increase my position , not sure now.
    Oct 20, 2014. 12:03 PM | 2 Likes Like |Link to Comment
  • Analyzing Berkshire Hathaway Using The 4 Filters Test [View article]
    Ajay,

    A good , common sense analysis of BRK, simple and straightforward just like Buffet would do.

    I am long BRK.B , because it has a history of suffering less devastation in market sell offs. , offering a little downside protection in turbulent markets.

    I am primarily a dividend / value investor , but BRK has proven to be extremely effective at the allocation of capital , so not paying any dividend does not concern me.

    I will be adding to my existing position on any pullback below 130.
    Oct 17, 2014. 05:24 PM | 5 Likes Like |Link to Comment
  • Why I Have Become An Extremely Conservative REIT Investor [View article]
    Brad,

    Do you employ the use of stops or traling stops on your REITS to help control risk ?

    Thanks , RUK
    Oct 1, 2014. 10:12 AM | Likes Like |Link to Comment
  • Studying Student Housing REITs [View article]
    waldipup,

    Do you know what CCG's payout ratio is as a precentage of FFO ?
    Sep 24, 2014. 05:10 PM | Likes Like |Link to Comment
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136 Comments
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