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bgold1955

bgold1955
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  • Raymond James downgrades Apple; Watch ship times slip to May/June [View news story]
    Although I disagree with Raymong James, the stock price has it mostly built in already @ a 16 p/e. AAPL will outperform the S&P in the next 12 months. IMO.
    Apr 10, 2015. 11:31 AM | 10 Likes Like |Link to Comment
  • Apple Watch Pre-Order Sellout: Have The Pundits Underestimated Apple Again? [View article]
    Agree with author, it will surprise to the upside.

    Thanks for article. Very timely.
    Apr 10, 2015. 11:26 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    Kevin.... Guess I don't understand your question but I wouldn't spend any tax savings. I would invest savings.

    If you are referring to additional school taxation, that is not an issue with me. I don't mind paying my share for children's education even though both sons have long ago graduated college.

    The issue is taxes based on accessed value is an "influential tax". Meaning, certain entities, people, organizations, etc can & certainly do influence value estimate thereby not paying their fair share & increasing taxes for non-influencers. Considering schools in Texas are funding almost entirely through property taxes, abuses in valuation is not uncommon.

    My property has increased 39% in value (using accessed tax value) since I built it 17 years ago. My property taxes have increased 186% in the same time period. That's the problem.

    Discussion started about high property tax states and as Deer's link illustrates Texas is # 5. Just because Texas has no state income tax does NOT make it a low tax state for MOST citizens living in an area that has quality schools.
    Apr 8, 2015. 04:54 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    Since 2009 until current, the state of Texas has cut school funding in the billions. Just wondering why my property taxes continue to go up. Property value? Yep, maybe some. Redistribution of wealth? If so, who could it be?

    If you answered, " Corporations", you are mostly correct.

    More balance is needed.
    Apr 8, 2015. 01:15 PM | 1 Like Like |Link to Comment
  • Apple Pay: Why CurrentC Is No Threat [View article]
    The Apple customer as there are no c.c. data on merchant servers. So no data to hack if Apple Pay is used.
    Apr 8, 2015. 11:54 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    If one wants a fully functional & long lasting capitalism environment, you cannot pick winners & losers when it comes to education.

    Young people must have opportunities to improve their situation. Some will not take the initiative but some will.

    I think most of the issues in areas of unrest around the world are a result of young people not having the opportunity to improve their life which opens them up to manipulation.

    Education is a societal responsibility if it is to survive & improve in the future.
    Apr 8, 2015. 11:30 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    Rich.... Agree.

    To equalize education, IMO, we need to somehow create competition among students in the neighborhoods of under served areas. Education dollars are more easily allocated to areas that meet or exceed scholastic standards & areas that don't, politicians are reluctant to allocate more. It is a perpetual downward spiral for some areas.

    The big question is obviously how do you create competition in areas that are underserved. You could ask 100 individuals & get, most likely, 100 different answers. It's imperative that each & every area must have students that are viewed as leaders scholastically to show others in their neighborhood that they could become one as well. There is absolutely too much talented wasted in under served areas.

    If interested, Google "Townview High School Dallas". This was an experimental educational program initially that attempted to resolve the above. It is a Talented & Gifted school that was offered to those in under served areas. It has been an outstanding success. Look at awards on website & you will see how successful it has been & is today.

    Several years ago I watched a news report on the school & was convinced that most all students interviewed would not have been "motivated" to accomplish what they did w/o the opportunity.

    Now, IMO, Dallas needs to take it down to early year educational opportunities. I want to believe there are a lot of children that once they see one of their peers succeed, they too want the same.

    It is a very difficult thing to resolve but the current system is not working for some. Of course, parental guidance is paramount but we cannot turn our backs away from children that have uninvolved parents nor should those that are outperforming be penalized.
    Apr 8, 2015. 10:08 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    Didnt catch UCONN championship but did watch the semi against Maryland (I think) & I have never seen a lady's team run the court like the Huskies. Unbelieveably super fast.
    Apr 8, 2015. 08:37 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell Agrees To Buy BG Group For $69.6B [View article]
    Without looking, my guess would be New Jersey.

    In parts of Texas, in highly rated school districts, I would guess top 5 highest.

    Interesting question.
    Apr 8, 2015. 08:23 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Stock Futures Drop On Weak Jobs Numbers [View article]
    "Live in reality not your emotions"

    -author unknown
    Apr 6, 2015. 11:21 AM | Likes Like |Link to Comment
  • The March jobs report: a wake-up call about the surging greenback [View news story]
    The participation stat does not concern me as much as middle of the pack, in terms of age, baby boomers are now in their 60's. Healthcare insurance is now available to non full timers that provides financial certainty whereas it wasn't several years ago. Although costly, based on individual income, financial ruin has been mostly taken off the table providing part timers an option to not be full timers.

    IMO, the participation rate will continue to slowly decline for several years. Pay attention to millennials & other generations for hints of where to invest. Baby boomer habits are important but less so than previously.
    Apr 5, 2015. 09:05 AM | 4 Likes Like |Link to Comment
  • Netflix: The Real House Of Cards [View article]
    Sake.... Agree.

    Bet NFLX was a life saver for those in the Northeast this winter. Folks under estimate the enticement of having the ability to watch what you want when you want for as long as you want. I enjoy watching stuff that I have already watched in years past. Great entertainment.
    Apr 4, 2015. 07:31 PM | 2 Likes Like |Link to Comment
  • April 4th. A Look Back At The First Q 2015 & A Mixed Picture Now. [View instapost]
    Thanks Fear, always good stuff.

    You sound a bit more cautious than before. Understandably.

    Agree with you on transports & bio-tech. I believe a temporary dip in both.

    With 22% cash I'm waiting for opportunities that I believe will be upon us this month. Made a rookie mistake buying a 2% position in each of the following the last 3 trading days in March: BIIB, ZU, XON, QRVO hoping for a pop the first several trading days in April. Quickly reversed all trades when things opened up ugly April 1. Got out even money, including trading fees. Still like BIIB, XON, QRVO but all 3 have got blasted since. Watching closely. ZU was pure speculation on an oversold situation & it has rose nicely since I got out.

    If I look at this time last year, my portfolio made a bottom the 9th trading day (the 11th I believe) of April '14. Portfolio had a 3.5% hit from the 3rd trading day of April through the 11th day (ouch). After AA reported earnings & before WFC/JPM reported. Rest of year was good with softness in Aug-Sept. Played Ebola scare nicely which made 2014 an outperform year.

    So can it do the same this year? Perhaps. Curious if Monday will be bearish or bullish due to soft employment. Watching very closely & if I get a better "good" feel, I may began to put some cash to work prior to April 15.

    Still on sidelines on energy other than a bit in refineries. I will wait for them to report at the end part of the month as not sure they are properly valued & nervous about the sector as inventories continue to build weekly although less so last week.

    AAPL & FB are 25% of portfolio & feeling good about the 2 at this time. Still think GILD is grossly cheap so hope numbers blow em out later this month.

    XON is a real excitement for me but, like I said, bailed after 1.5 days of ownership. Embarrassing but glad I did. Have no idea what a good entry in it is but really like their technology that is apparently beneficial to a lot of bio-techs. May be worth while to take a peak at their website & kinda watch. I have been excited before & been wrong (SPLK & DDD) in terms of getting out at a good price after getting in at a great price.

    Good luck to you & all.
    Apr 4, 2015. 07:03 PM | Likes Like |Link to Comment
  • Fire destroys GE storage facility at Louisville Appliance Park [View news story]
    The deal is to close later this year so I assume it still is a part of GE.
    Apr 4, 2015. 11:24 AM | 2 Likes Like |Link to Comment
  • Apple Watch Has Implications For Big Data, IoT And Web 3.0 [View article]
    Alex, great article as always. Thanks for sharing your knowledge.

    I believe the preventive health care data that the watch will provide will be huge for better health seeking individuals. Although there are a lot of devices that measure activity, I believe Apple's ability to scale this opportunity will be massive.

    I know 6 baby boomers (3 couples) that have greatly enhanced their activity level by having a device (iPhone 6) that simply measures steps, stairs climbed, workouts, cycling, etc. Having this data provides continuous incentive to better their past week numbers.

    Since Oct of last year, all 6 have dramatically improved their health. It all started with 1 of the 6 increasing activity level & the other 5 noticing the benefits which motivated them. Two no longer have to take blood pressure meds. The watch will be the catalyst for preventative care with an audience that is absolutely huge.
    Mar 24, 2015. 01:41 PM | 4 Likes Like |Link to Comment
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