Augustus

Goldman, Buffett Deal with Fannie Mae Inked a Month Ago

Note that the real kicker on the deal is that FNMA is still on the hook for the properties as they have agreed to buy them back. A good question would be whether they would be able to repurchase the properties in the future. having that Put does solve valuation problems for Goldman and Berkshire.

Taking Shelter from the U.S. Dollar

Return on Assets > 15% kills the search.

MLPs Keep Roaring Ahead

I believe that AMJ is an ETN rather than an ETF. Since it is JPM on the note, not too terribly risky, but still worth considering.

Using Options to Tame Leveraged ETFs

Darned great idea. I'm going to look into this one.

Mexico ETF: Can It Rise Above Swine Flu and Violence Fears?

The oil is running out. Or at least production is down as they skim off the revenues and don't reinvest. Combine that with the effects of the drug wars and returning illegals from the US. Not a pretty future. I'm short EWW and it has sure left a mark. I still believe the country is going down the hole and will proceed at a faster rate as US unravels.

Backtesting a Sector ETF Momentum Strategy

Including something very stable such as BND should help returns. The sector strategy suffered a great deal when required to invest in declining markets.

Exploring Relative Strength Systems with These 11 ETFs

The orange line only represents a buy and hold of the S&P. Can you write exactly why that should be used as the benchmark? What would cause you to change to another benchmark?


On Oct 20 10:43 AM jgpietsch wrote:

> a) EEP is a typo, should read EPP
>
> b) The orange S&P line may be considered buy and hold.

Earnings Preview: The Bank of New York Mellon Corp.

What has happened with the Ruskie lawuit?

Those Rising Falling Interchange Fees

I have never understood the reason a person would choose to use a debit card. If there is a problem, it is your bank account that has no balance with check bouncing. On a credit card the worst is that you have a disputed charge. Why let the gypsies wipe you out for a month or two?

Those Rising Falling Interchange Fees

I have never understood the reason a peron would choose to ue a debit card. If there is a problem, it is your bank account that has no balance with check bouncing. On a credit card the worst is that you have a disputed charge. Why let the gypsie wipe you out for a month or two?

Are High Dividends Sustainable?

I would be a bit cautious on AOD. Look at the premium to BV and it is pretty scarey. They also run an open end mutual fund with the same strategy that would seem to me to be a much better deal.


On Oct 04 04:36 PM KyBec wrote:

> Does anyone here have a case for or against owning PSEC or AOD for
> their dividend? Do you think the future income stream is safe? I'd
> like to own both and DRIP them for a long while but am afraid to
> jump in.

Should You Invest in Banking Stocks?

BAC will be lucky to earn money fast enough to pay their legal fees. The problems that are on the books now will bleed them for the next ten years. Investors will be vomiting this stock out of their portfolios. There are clean places to invest in well run banks.

Getting a Handle on Real Estate ETFs

Why would 900 people FOLLOW this guy when he follows no one? Does he really believe that he knows it all and cannot read anything worthwhile from anyone else? Good luck to his followers.

The Social Security Tax Increase Is Coming

The chart showing the fund reserves is pretty much meaningless eyewash. The real problem is the cash flows from Social Security will soon (may already) be negative.

Drawing down the trust fund really requires the govt. take cash from some other source. That is very sharp contrast to the buildup in reserves that have been the norm for the 70 years since the Social Security scheme was hatched. The pols have had 70 years of fun squandering the excess cash. Now there is the piper to be paid.

Why Aren't We Undergoing Another Great Depression?

There were plenty of "depressions" prior to the Great Depression. However, there is not much point in measuring it based upon non-farm employment. Practically everyone was employed on the farm. Considering that most of them were subsistance farmers, a depression could not take them down much, could it?

Thanks to the highly efficient farmers in the US today, the remainder of the population is able to create less essential services than food, and has no need to be concerned with their own subsistance. Isn't America simply GREAT?

We. Want. Something. Here. NOW.