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  • The Bull Case for Blue Chip Stocks [View article]
    I really like to dollar cost average, so I have 12 different DRIP accounts, all of which charge no fees to invest. I select stocks much like you do, those with a market nitch, long term dividend increases, low pay out ratios but not too low, and selling something that is bought even in times like these. I owned BUD but replaced it with BF-B when BUD was sold. I own a railroad, water, oil, food, medicine, power services, banking, nat gas, and a REIT. I send my electric company a check each month, so market up or down, no matter, I send each DRIP account a check every month. The stuff adds up over the years.
    Apr 24, 2010. 10:56 AM | 3 Likes Like |Link to Comment
  • Elizabeth Warren Highlights Her Naiveté [View article]
    Our current problem did not come from one source, it had high level help from federal agency and congressional oversight or lack there of for several years, I look at it as a result of greed. The Unintended Consequences of Laws and Regulations, a Three Act Play of Greed

    Act one. The government passed laws and regulations, at the request of their citizens, to try and increase the percent of Americans that are home owners. I wrote my representative and suggested why this would be a good for the country. Home ownership is a good thing but home owners should only buy what they are able to afford. The greed of buyers, sellers, and their agents, all acting in their best self interest are to blame for putting some people into homes they could not afford.

    Act two. Lenders are in the business of lending money. They should do so only to people who can afford to repay the loan now and in the future if the interest rate and the payment amount could change in the future. Lenders used to hold mortgages on homes as bank assets. Then they began to package home mortgages into a bucket of loans and sell the bucket for cash and then lend out the cash for other home mortgages. Banks then repeated the bucket process over and over again. So instead of holding home mortgages as collateral, banks sold their collateral for cash and repeated the bucket process over and over again. Many of these buckets of mortgages contained some low value or subpar loans. The probability that some loans would fail was high. Banks bought financial insurance to insure these loans against failure and in many cases the insurance failed. The lending bubble grew slowly unnoticed as the greed of the lenders contributed their part of the mess.

    Act three. Our elected representatives were the government entity that was supposed to oversee the activities of these lenders. Two of the major home mortgage lenders were Government Sponsored Entities or GSEs (Freddie and Fanny). I wonder how it is legal for a GSE to give campaign contributions to any federal employee and surely not to those appointed to oversee such GSEs. The regulators became the weak link in the long term forming of the bubble. The buyers, sellers, banks, and their agents were all expected to act in their own best interest but our elected officials were elected to act in OUR best interest and not in their best interest. In their greed for power, they failed to act for us and acted in their interest.

    I will not name any bankers or politicians as my favorites in causing this credit crunch we are now having. I will say the politicians were the only people tasked with acting in our interest so as a group they are the most to blame. They developed and passed the laws that now haunt us and did not provide adequate over sight.
    Feb 10, 2010. 11:47 AM | 3 Likes Like |Link to Comment
  • Emerson Electric: Dividend Stock Analysis [View article]
    EMR if one of my 12 DRIPS. I have been sending them money every month for years.
    Dec 29, 2009. 11:37 AM | 3 Likes Like |Link to Comment
  • Oil Supermajors' Resources Might Be Drying Up [View article]
    If a person uses Google to look for unused oil reserves within US locations, you can find lots of good places to look. It is the problem of windmills, no one wants them in their backyard, or other energy producers. If we do not use what ever energy we have, (wind, N gas, oil, and etc) then we have to pay others for theirs. I think our last nuclear energy plant may be older most of us. I think the few are ruling the many in this subject.
    Dec 1, 2009. 09:55 AM | 3 Likes Like |Link to Comment
  • Should GE Shareholders Sell to Protest MSNBC's Left Leaning News Bias? [View article]

    look for the numbers here, seem different than what was claimed.
    May 19, 2009. 02:28 PM | 3 Likes Like |Link to Comment
  • Wall Street Allowed to Grade Itself in Stress-Test Sham [View article]
    If the writer would not buy anything requiring dollars, then why is he writing on things sold in dollars? He has displayed some bias.
    May 11, 2009. 02:46 PM | 3 Likes Like |Link to Comment
  • Time to Buy Bank Stocks [View article]
    during the year 2000, wife thought the electric grid and all manner of stuff was going down as software programs failed. She had me buy a lot of ammo, put in a gas fireplace, and got two extra cans for the grill. Her plan was to stay put and wait it out. I still have the ammo and gas fireplace.

    On Feb 12 03:06 AM Banks must survive wrote:

    > If Citigroup goes down get your dog, some beef jerky and your gun
    > and head for the woods because the world will be in a depression.
    > A depression like the 30's, not like the word we just throw around
    > aimlessly, I mean 24% unemployment. It will be scary! Citigroup is
    > one the largest banks in the world, not just the USA. Moral hazard
    > aside, it will not fail and a bad bank will be created to hold all
    > of its and its contemporaries lousy deposits. Its not just, its not
    > right, but it is what it is or our whole system will go down. Grab
    > your nuts, close your eyes and buy the banks. You will be richer
    > in long run (only the big ones).
    Feb 12, 2009. 10:54 AM | 3 Likes Like |Link to Comment
  • Why 401K Investors Should Move To Cash [View article]
    I have read that SA takes some editorial supervision of articles that you and others write, so is there a double standard or are you under more control and the blogger under less?

    I do not care either way, but it is nice to know those facts.
    Dec 9, 2013. 02:19 PM | 2 Likes Like |Link to Comment
  • NYT: Big companies prepared to pay a price for carbon [View news story]
    You are correct, other nations would also need to do the same as we or we receive a large economic disadvantage to those countries, which will lower our GDP. I find it sad that our government thinks it can manage anything. They even mess up the military with new rules. There is no way your taxes will be reduced because of this.
    Dec 5, 2013. 10:16 AM | 2 Likes Like |Link to Comment
  • ModernGraham Valuation Of Norfolk Southern [View article]
    Liked your article. Would like to see you to do two companies that are in the same space in one article to compare them to each other.
    Like NSC and CSX and LOW and HD as examples. Comparing 2 good companies can really give me an insight. thanks again.
    Dec 5, 2013. 09:25 AM | 2 Likes Like |Link to Comment
  • Will 2014 Be The Year Of General Electric? [View article]
    I buy only high performing dividend stocks that make money year after year and I seldom sell (kind of like Miller, SBI). I do sell shares if I see a better deal and did so this year, sold 2, put some cash in the pot, and bought 5. I do like to hold one "come back stock" in my 32 stock portfolio and GE is the one that is filling that hole right now. As this fine article notes, as a company, GE has some good segments that may pay nice rewards in the future. Good things come to all who wait, no need to hurry.
    Dec 3, 2013. 03:03 PM | 2 Likes Like |Link to Comment
  • Why Do Troubled Companies Like BP Outperform Coca-Cola For 20+ Years? [View article]
    rich; I have two family members using e-cigs while cutting back on normal cigs. Those things cost money too. I think the normal cigs firms will take up selling e-cigs as they did the normal ones.
    Dec 2, 2013. 08:00 PM | 2 Likes Like |Link to Comment
  • Decades-old Chevron case finally nearing the finish line [View news story]
    How so, you gave us your opinion, which is fine, but you gave no facts to support your opinion. This is known as an "unfounded claim" . You should provide facts that should support your claim. Please give us the facts so we may judge for ourselves. Welcome to the court of public opinions, we should ask Tim for a ruling.
    Nov 26, 2013. 01:54 PM | 2 Likes Like |Link to Comment
  • Philip Morris: Was The Sell-Off Overdone? [View article]
    Have any of you looked into where the money GS earns goes? I have not for several years, but is use to go to the partners with very little going to the small investors such as you and I. I think a good company shares the profits with the share holders and at a rate more than GS does. I do not own the stock, do not like their arrangements to share. Makes me distrust other things they tell us. GS may be smart but it is also slick IMO.
    Nov 25, 2013. 05:29 PM | 2 Likes Like |Link to Comment
  • Blue-Chip Investing And The Back End Of Compounding [View article]
    Dividends; I reinvest dividend as I receive them. I have thought about this as I tried to select the best method for me, if there is one. I reinvest dividends as they are paid for three reasons and my dry powder money comes from our social security and spare pension money. 1- I feel it is the best way to compound my gains. When a dividend is invested, it can earn another dividend in three months, which is higher than interest rates. 2- If I store the dividends (128 per yr) in my account and invest them later, I will earn zero and pay an investment fee, which is money I loose as my broker reinvests dividends FREE. 3- Saving the dividends to invest later requires me to face the problem of market timing plus when to pull the trigger to invest the idle dividends.

    Reinvesting the dividends in a down market seems logical, doing so in up markets may seem less so but I will claim that I am cost averaging and buying before the stock price gets even higher. Share prices often drop as dividends are paid, this may offer a chance of a lower share cost. I use some pension money and all my SS money to make other purchases during the year using limit orders. I think I am playing the odds as best I can to acquire stocks every month at the lowest possible price.
    Nov 8, 2013. 05:35 PM | 2 Likes Like |Link to Comment