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Bryce_in_TX

Bryce_in_TX
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  • Tesla Motors launches business leasing subsidiary [View news story]
    "There needs to be a great deal of societal conditioning to enable an accountant to advocate for spending anything like this on something that is consumed leaving absolutely $0.00 to show for it."

    Refer to my rebuttal above.
    Apr 14 09:51 AM | Likes Like |Link to Comment
  • Tesla Motors launches business leasing subsidiary [View news story]
    Ford,

    Here is the book value of a 2004 Mercedes S55 AMG 4D, in very good condition, what I would guess is the closest comparable car to the Tesla Model S. The value is $10,472 with 120,000 miles and if sold to a private party.

    http://bit.ly/1t0bkdZ

    Here is the book value of a 2004 Honda Accord, 4 cyl., EX-L Sedan with 120,000 miles, in very good condition. The value is $7,870.

    http://bit.ly/1t0biCL;options=3008446|true&...

    Show me how the numbers make the Tesla cheaper to operate over this 10 year period, if sold at the end of the 10 years.

    Scrap dealer $150 after 10 years? LOL That's a Tesla bull for ya. I have a 1994 Chevy S-10 truck with 135,000 miles and it's still running very good and leaks almost no oil. Scrap value for an Accord after 10 years? Get real. I inherited my Dad's 1986 Chevy S-10 truck when he passed away in 1997. I gave it away, still running great, in 2007, when it had well over 100,000 miles on it and 21 years old. If you maintain a vehicle well, changing the oil and oil filter every 3,000 miles, changing the transmission fluid every 30,000 to 40,000 miles, flushing the radiator every 3 or so years, flushing the power steering fluid every 50,000 miles, rotating the tires every 8,000 miles, maintaining the brakes and changing pads when your brake tech says to do so, the only things you will be spending money on are parts which wear out over time, such as the alternator, the battery, the water pump, the fuel pump, spark plug wires, etc, and those will occur piecemeal, not all at once. You can make a vehicle last well over 20 years.

    However, I chose 10 years because at that point most people will have sold the car or traded it in for another one. Keeping a vehicle for 20 years or longer, like I have with some vehicles, is the exception, not the norm.

    Deduct the sales value at the end of 10 years from the total cost of the cars, and the Honda Accord is still far cheaper to buy and operate than the Tesla Model S.
    Apr 14 09:47 AM | Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    Brad and Kiplingers present investments for potential investors. The same is true for many SA authors. However, the responsibility of my investment choices, and the results of those investment choices, remain with me, not with Brad or Kiplinger's or an SA author.

    Yes, I read some of Brad's articles and decided to make an investment. However, no one twisted my arm to invest. That decision was my own responsibility and choice, as are the results of those investment choices. I hope that makes my previous statements clearer. Nevertheless, they were and are totally coherent and logical.

    Btw, a beginning investors confession: I took the bait from Kiplingers to invest in BP Prudhoe Bay Royalty Trust at a price that was way too high. Subsequently, it feel some 20% as a result of a WSJ article. I got burned and I emailed Kiplingers and let them know of my loss and disappointment that their article did not point out the total discounted value of future estimated cash flows from the Trust, nor that the current share price, when they published their article, was a lot higher than the value of those cash flows. As a result, I received a personal phone call from Jeffrey A. Kosnett, one of Kiplingers regular authors. But, the point is, my loss is my loss and I can't blame Kiplingers for my novice inexperience at investing. Live and learn.

    I have met with much better fate as a result of investing in "O" and OHI.

    It seems to me your last post to me is a reactionary one made out of anger at my statement that your post was not coherent and rambling. Take some constructive criticism, rather than viewing it as an attack on you, personally.

    Long "O" and OHI and very pleased with the investments.
    Apr 13 04:02 PM | 3 Likes Like |Link to Comment
  • Herbalife plunges on DOJ/FBI probe report [View news story]
    "You walk around hawking protein powder, and recruit people below you so you get a cut of profits... PYRAMID"

    A SUBWAY franchise or any other franchise appears to me to fit your definition of a pyramid scheme. The Subway co. will receive royalties (a percentage of your revenues) from your store sales.

    How is the Herbalife structure, itself, illegitimate?

    If you promise people that if they invest in Herbalife that they will "make a lot of money and become wealthy and successful", then you may be committing fraud or telling lies. But, how is the Herbalife structure, itself, fraudulent? It appears similar to me as any other business venture, such as the purchase of a franchise.

    Btw, if you "trust" someone with such nonsensical statements as in the above paragraph, you are a fool, lies or not.

    A fool and his money are soon parted.
    Apr 13 03:47 PM | 1 Like Like |Link to Comment
  • Herbalife plunges on DOJ/FBI probe report [View news story]
    "You walk around hawking protein powder, and recruit people below you so you get a cut of profits... PYRAMID"

    That is your claim, but what does the law say? Show me what the law says about it. A claim without reference to the authoritative text (and a link to that text) is useless.
    Apr 13 03:01 PM | 1 Like Like |Link to Comment
  • This Undervalued High-Dividend Stock Is Beating The Market And Has 6 Straight Dividend Hikes [View article]
    I am of the opinion that a $30 share price is a better entry point than currently. Don't you think we could see $30 again with rising interest rates?

    Long OHI.
    Apr 13 01:05 AM | 4 Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    "You didn't understand a thing."

    Yes, I do. Check back with me on an annual basis over the next 5 years and I'll tell you how I'm doing with "O" and OHI. For 17 months invested in "O", I'm averaging about 10.5% annually. Long term, I anticipate doing just as well. For OHI, for the 5 months I've been in it, I'm averaging about 16% average annual return. I got into these stocks based upon Brad's articles. That says it all for me. Brad is making me money.
    Apr 12 10:58 AM | Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    "You didn't understand a thing."

    You're exactly right. You rambled, it was not coherent.
    Apr 12 10:38 AM | 3 Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    Union,

    "In reality, I've never witnessed a happy investor after having purchased shares which go down in price [ because ] oh, Joy & Happiness, I just lost 5 Dollars per share but can risk another $ 35. per share & buy more cheaper."

    I don't know what your beef is. Who can pick a bottom? So, how do you manage a stock purchase if you buy it, say "O", at $40, and as interest rates rise, it falls to $35? Why are you buying the stock?

    For me personally, I bought "O" at a good price, just below $38, and am adding to that position when it drops below $38 again. I never buy a full position at once because I realize the price can drop. I hold back cash in case of that event, and if it drops enough, I buy more. I'm in "O" long term. Interest rates will eventually rise, but they will also eventually fall again. I view the rate volatility as short term volatility (one to three years), not a death knell to my investment strategy. If it drops to $35 or lower as a result of higher interest rates, I will hold what I have and buy more and collect the dividend, knowing that at some point rates will peak and begin to drop and the share price will rise again and I will be in a better position than I was when I started.

    Brad is making me money. I'm also in OHI at around $30 because of Brad. Both REITs gradually raise the dividend over time. I anticipate the stock price rising over time as a result, with short term volatility in interest rates. Long term I believe I will make money in these stocks.

    Again I have no clue what your rambling is about. I love the dependable dividends which rise over time. Long "O" and OHI for the long haul.

    Btw, Kiplinger's is no different. They tout stocks and buy in prices. Sometimes they get it disastrously wrong. But they provide a valuable service to investors, digging up some gold pieces with the dross. It's up to each individual investor to determine if the stock and price recommended is good or not. I cant blame Brad or Kiplinger's for my own choices. No one is twisting my arm. If a person is that dependent upon an advisor, they are best to stay in bonds and CDs, not stocks.
    Apr 12 04:48 AM | 3 Likes Like |Link to Comment
  • Seadrill sinks as Credit Suisse downgrades, cuts target to $30 from $40 [View news story]
    Oh, you mean this Credit Suisse, the ones who lied about their 4th Qtr 2013 preliminary net income, and the Credit Suisse who was caught aiding and abetting individuals evading U.S. Income Taxes.......that Credit Suisse?

    http://bv.ms/1kQst46

    http://bloom.bg/1hpGp6p

    Well, they certainly have a lot of credibility. (Cough, cough)
    Apr 11 10:02 AM | 13 Likes Like |Link to Comment
  • You Must Know This About REITs [View article]
    Thanks for the encouraging article as it relates to interest rates. I bought O and OHI for long term retirement income. Share prices will rise and fall over time, but long term I look for both to rise gradually due to the ever increasing dividends paid by both. Enjoyed the article.
    Apr 9 06:19 PM | 3 Likes Like |Link to Comment
  • Tesla Motors launches business leasing subsidiary [View news story]
    Even at $5 a gallon, the total out of pocket expense on a Honda Accord would be about $58K over 10 years. Still less expensive than a Model S by a considerable margin. I figured 26 mpg. A 4 cylinder would be 30 mpg, so the cost would be less using the 30 mpg, around $55K.

    Total cost is a mortgage payment, but it depreciates in value, not appreciates, like a home.
    Apr 8 05:16 PM | Likes Like |Link to Comment
  • Tesla Motors launches business leasing subsidiary [View news story]
    A Model S is cheaper in the long run than a Honda Accord? Nupe. $28K for the Accord, plus 12,000 miles a year for 10 years, 26 mpg avg. Total cost around $44K. Throw in 4 oil changes a year at $30 a piece times 10 adds $1200. Add $5K for other repairs and you're looking at $50K total. Add 4 transmission fluid changes and several radiator flushes and you add another $1K. Tesla doesn't come close.
    Apr 8 04:02 PM | Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    Still no sign of FFO or AFFO in Ned Davis's Research Report. They are using GAAP earnings. Maybe Brad could expound on cash flow. I suspect what they are using cash flow wise is the Cash Flow from Ops and not FFO.
    Apr 8 03:27 PM | Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    Bottom Line:

    I give a lot more credence to Brad and his actual experience in this industry, versus an investment company which appears to use primarily GAAP metrics. I think $40 is a little high for my comfort level to invest at, but I think a 1.1 rating out of 10 (Fidelity) is wayyyyyyy out of line and based upon less credible GAAP metrics primarily.

    Banking on "O" as a retirement income vehicle for both myself and my son. Long "O".
    Apr 7 06:01 PM | 4 Likes Like |Link to Comment
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