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mgk47

mgk47
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  • Prospect Capital Vs. Fifth Street Finance [View article]
    Appreciate that. I've got HTGC, but not a very big position. I also have a small amount of FULL, AINV and NGPC. Any opinions on those?
    Jul 8 06:38 PM | Likes Like |Link to Comment
  • Prospect Capital Vs. Fifth Street Finance [View article]
    I've had 5% of my portfolio invested in each one of these stocks since late 2008. I increase and decrease my percentages in each periodically. Lately, I reduced my holdings in PSEC, but not by much. My other favorite has been MAIN. Obviously, I've been very happy with the results so far. Do you have an opinion as to what effect higher interest rate might have on BDCs, particularly FSC, PSEC and MAIN?
    Jul 8 04:14 PM | Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    I listed my reasons above why I think a high-yeilding portfolio can be lucrative.
    I think the "hypothetical investor" you speak of is the same elderly person who e-mails their bank account number to someone in Nigeria to collect the "millions of dollars" awaiting them. I don't think there would be many investors on SA that would do that.
    You're not much of an advisor if you would suggest a high-yeilding portfolio of only 6 stocks.
    For the people who would respond to that Nigerian e-mail, there is nothing you can do for them. Their money will be gone sooner than later.
    For that reason, I think this article was meant to be nothing more than argumentative.
    Jun 19 05:00 PM | 7 Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    Some high yielders drop more than double their dividend after ex-div. date. I'll select those to sell just prior to ex-div. date and then buy them back afterwards. That way I can sometimes double the dividend. It doesn't always work, because sometimes the stock price won't drop enough to make it worthwhile to buy back. Sometimes that stock will continue to go up from there and I lose the chance to buy it back. I do use DRIP for most of my monthly dividend stocks.
    Jun 19 11:45 AM | 1 Like Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    I don't disagree with your portfolio of 5 stocks, but… since 2008, after I lost about 35% in the crash, I sold all my mutual funds and managed my own money, I've held mostly high yielding BDCs, REITs, MMLPs, and LPs in my accounts. I have anywhere from 40-60 of them in my accounts at any one time. Since 2008 my accounts have more than tripled. I don't always hold them for dividends though. I often trade them just prior to ex-div. date and then buy them back afterwards. I have been decreasing my holdings this year in anticipation of higher interest rates, if that ever happens!
    And to be clear, I don't withdraw any funds from these accounts for retirement, so all the dividends have been accruing. I'm not trying to promote this method, but it can be successful if done correctly and carefully.
    Jun 19 11:28 AM | 3 Likes Like |Link to Comment
  • General Electric: Will The Alstom Deal Go Through? [View article]
    My largest holding is GE, about 4-5% of my portfolio. Fortunately, I bought it all between $14-18. I think they should stand their ground and leave their current bid on the table. Take it or leave it Alstom.

    Just a curious thought… The French would rather deal with the Germans ( their former conquerors ) than with Americans (their former liberators ). The Germans are more like us than the socialist French when it comes to business. The French just don't like America. Maybe GE should just stay out of France.
    Jun 16 02:11 PM | Likes Like |Link to Comment
  • Prospect Capital +3.4% after SEC appeal pans out [View news story]
    Owned this since 2008. One of my favorites. Short sellers squeeeeeezed!
    Jun 10 04:57 PM | 7 Likes Like |Link to Comment
  • Icahn buys more Apple shares following post-earnings selloff [View news story]
    Still the most profitable company in the world… still isn't good enough for investors? You never know what Apple's going to do until they actually do it. I think I'll wait and see awhile before dumping my Apple stocks.
    Jan 28 02:47 PM | 1 Like Like |Link to Comment
  • More on Apple: iPhone ASPs jump, cash balance at $159B [View news story]
    159 billion in cash! They could buy half of Europe and pass a law everyone can only buy Apple products. Seriously, how can you bash a company with 159 billion in cash? Are they really doing something wrong? Wish all my stocks could do something that wrong.
    Jan 27 09:16 PM | 3 Likes Like |Link to Comment
  • 3D Systems: A Great Company For The Long-Term That Is Currently Overvalued [View article]
    "Those who invested in it earlier benefited from the stock's rising momentum while those who followed a value-investing approach missed an excellent opportunity to make a huge gain."… As a buyer when the stock was in the high 20's, I've always thought the stock was overvalued, but to get in on this company you have to take that leap. Maybe it will go back to the 70's, or maybe this will be the lowest it will ever be again. I think that owning it now and taking the ride is better than never owning it at all. You might miss that "excellent opportunity" again.
    Jan 16 07:00 PM | 2 Likes Like |Link to Comment
  • 3D Space: An Accident Waiting To Happen, That Happened [View article]
    How can anyone take this article seriously? The author has been claiming the 3D stocks have been overvalued since last March. He said DDD was too high when it was at $72 in November, at $62 in October and my favorite article about DDD being overvalued at $32 in March, 2013. I guess if you keep claiming it, any downturn like DDD going from $96 to $89 will prove him correct, at least in his mind.
    Jan 15 04:26 PM | 16 Likes Like |Link to Comment
  • The Chart That Should Scare All 3D Systems Bulls [View article]

    if DDD were to go to zero, I wouldn't lose all my money. DDD is a spec play to me and is just a small part on my portfolio. Of course valuation will matter, just not yet. Even though the technology is not new, it's market is in its infancy. You don't buy speculative stocks on valuation. You want to wait to see valuation, you might be buying this stock in the high hundreds. I'll sell you mine then.
    Jan 10 02:34 PM | 6 Likes Like |Link to Comment
  • The Chart That Should Scare All 3D Systems Bulls [View article]
    "The Chart That Should Scare All 3D Systems Bulls"… and yet it doesn't. I've been reading the same "over-valuation" articles from the the high $20's to the mid $90's. Investors aren't buying DDD because of its valuation. We're buying a company that is trying to establish itself as a market leader in a technology that we hope is about to explode into the next "new thing". If we're wrong, we lose money. If we're right, we make money. But comparing DDD to "normal" stock charts won't change our minds.
    Jan 10 01:41 PM | 19 Likes Like |Link to Comment
  • 3 Stocks Which Could Fall In 2014 [View article]
    I bought DDD in the high 20's and have read all about its extremely high valuations when it reached $30, $40, $50, $60, then split 3/2, and again at $40, $50, $60, $70, $80, $90. I'm so glad I didn't understand what those shorties were talking about. Were you waiting for a drop in price, like the 5% today, before coming out with this article? Be careful, CES might pop the price later this week.
    Jan 6 02:30 PM | 4 Likes Like |Link to Comment
  • 3D Systems: Risk Still Outweighs Reward [View article]
    I don't understand the purpose of the article. Everyone knows DDD's valuation is off the charts right now.
    If you believe 3D printing's future is big, then DDD is an important player in that field. You can worry about current valuations and miss catching the stock at its current price. I almost did that around $55. I bought the stock in the high 20's, caught the 3/2 split and sold some in the mid 50's thinking I would get it later at a cheaper price. I was lucky and got back in but almost lost a chance to ride it up to where it is now, in the high 70's. You can short it if you want, but watch out if you're wrong! You lose a lot of money and more importantly, lose the chance to get in on a huge opportunity. I'd rather go long with DDD and try to enjoy the roller coaster ride, or at least not get too crazed about it and see where it takes me.
    Dec 3 06:26 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
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