Seeking Alpha


Send Message
View as an RSS Feed
View alsobirdman's Comments BY TICKER:
Latest  |  Highest rated
  • Anworth Is Best mREIT Value As A 12.6% Yield Small Cap [View article]
    Thanks, Todd. I' ve recently started doing reseaarch into mReit's. I'm semi-retired and of course looking for income streams. The yields on some of these seem almost too good to be true, so I'm researching risks. Seems like almost a no-brainer to even borrow at 4% and buy one of these and pocket the difference, at least until rates start climbing.
    May 1, 2012. 10:36 AM | 1 Like Like |Link to Comment
  • Yes, They Do: Low Interest Rates Do Make Stocks Cheap [View article]

    Fantastic article. I must get a copy of Peter Lynch's book and read it. I would add a rule I use if it's noy already there;

    "Look for solid fundementals along with solid leadership and stick with that company until one of those two things changes"

    I like to look at the sector and the leadership. If the sector is growing (and I'm hard pressed to think of one that is not currently) and the company has great leadership that's an added bonus.

    I too get tired of the constant negativity. I frequently use the example of a good friend who bought SSO at $18 back in '09 but then sold it all at $21 because CNBC said we were headed for a double dip. Me, I bought SPY and other ETF's and equities thank you very much. That being said, I have taken some money off the table recently and will continue to do so in the coming months, only because I like to be able to take advantage of panic days, of which I'm sure there will be more.
    Apr 30, 2012. 09:17 AM | Likes Like |Link to Comment
  • First Quarter Equity CEF Performances And Review [View article]
    Thanks, Doug. I've had CHW, EOI and EOS on my watch list for a while. Will probably start accumulating all on dips. I'll start looking at the others on your list as well. My goal is building an income portfolio and also looking for possible pps gains.
    Apr 21, 2012. 04:12 PM | Likes Like |Link to Comment
  • Investors aren't chasing returns yet, pulling $21B from actively managed large-cap mutual funds in Q1 even as the S&P notched a 12.6% return, reports Morningstar. Fixed income continues to roll - taxable bond funds raking in $78.6B.  [View news story]
    Yes, it is a sad fact that most get it wrong. A few weeks ago a co-worker mentioned that he was going to switch his 401K money into bonds. Makes no sense to me. Switch into bonds because equities are climbing? That's why I usually do the opposite of what everyone else is doing.
    Apr 13, 2012. 08:00 PM | Likes Like |Link to Comment
  • Minneapolis Fed chief Kocherlakota repeats his call for the Fed to begin hiking rates as early as this year, saying the employment picture has improved and inflation is set to rise above the central bank's target. Kocherlakota's comments are in stark contrast to the dovish sentiments of Yellen and Dudley earlier. They have votes on the FOMC, he doesn't (this year).  [View news story]
    Ummmmm, I 'm buying.
    Apr 12, 2012. 06:42 PM | Likes Like |Link to Comment
  • Owens-Illinois (OI) +7.8% AH following upward Q1 guidance forecasting EPS from continuing operations more than 35% higher than the prior year's $0.50, "primarily driven by good manufacturing performance as the company's facilities operated at greater than planned production rates."  [View news story]
    Yep. I hope the panic continues tomorrow. I was too busy preparing for a job interview today to do any buying. Imagine that, a job interview for a high-paying job, no less. Must be a recession coming.
    Apr 10, 2012. 08:50 PM | Likes Like |Link to Comment
  • What You Need In Order To Retire Before Age 65 [View article]
    Thanks for the article. Very apropos for me as I was just out-sourced as of last friday. I turn 55 in June and don't plan on ever working a full-time job again unless something really interesting shows up.

    Now I have to fgiure out how to make it work, LOL. I actually am in pretty good shape and will use your calculator to get another view. When I was 22 I made a decision to retire when I was 55 and here I am.

    I'm very lucky in that I got a nice severance package and my 401K will easily last until I can start drawing from my IRA. A nice military pension and medical covereage from 34 years active and reserve service will kick in when I'm 60. My wife gets a nice pension next year after 34 years as an RN.

    We also both plan on doing something a few days a week to bring in a few bucks. My goal is to earn enough to pay the property taxes and buy good scotch! Those two items will take care of your $50K per year you allocate to live on, LOL.

    Bottom line is you have to start early
    Apr 4, 2012. 06:49 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 83: Beginning March 30, 2012, Bangwhiz's Article, Selling The PbC Battery - It's Not Easy Being Green! [View instapost]
    You guys are making me smile this weekend. Yesterday was my last day of work, for at least a while. I think I have said before on this blog that I was forced to retire because my job was outsourced to India by our British owners. At age 54 I consider myself very lucky that due to lots of hard work, long hours and a bit of luck I should be able to live my current lifestyle for the rest of my life and never work again if I choose not. Axion is one of my picks that can make things a whole lot better. I'd be thrilled to hit a couple bucks 5 years from now. Anything more will be extra gravy on my potatoes and allow a better quality scotch on the shelf.
    Mar 31, 2012. 04:43 PM | 16 Likes Like |Link to Comment
  • Why I'm Praying For A Market Pullback [View article]
    Best article and comment stream I have seen in ages. Whether or not you agree with Pey's picks, the bottom line is to buy good stocks when they are on sale. I also loaded up last fall when everyone was panic-selling, and currently at about 25% cash looking for a good time to put that to work as well. I loved the comment in here somewhere about the train leaving the station but another on will come along. Nice job.
    Mar 30, 2012. 03:05 PM | Likes Like |Link to Comment
  • 3 Ways And 8 Picks To Get High Yields And Beat The Tax Man [View article]
    Yep. Love CF Connect. I have all my prospects mapped out and am waiting for good entry points.
    Mar 29, 2012. 06:09 PM | 1 Like Like |Link to Comment
  • 3 Ways And 8 Picks To Get High Yields And Beat The Tax Man [View article]
    Thanks for the kind words, K. Job was outsourced to India, but I'm very lucky in that I am getting a nice severance and am close to the age I wanted to retire anyway.

    Thanks also for the advice. My plan is to take the severance and slowly build a portfolio of good dividend paying stocks. I'm in no hurry and will look for good value when corrections occur.
    Mar 28, 2012. 05:59 PM | 2 Likes Like |Link to Comment
  • 3 Ways And 8 Picks To Get High Yields And Beat The Tax Man [View article]
    Thanks for the article. I like the comparison between the approaches. Apropos for me since I am losing my job Friday and looking for both short and long term income. I live in a high-tax state (NY) and would consider swapping in a NY fund in the muni-group. I'm considering options from Pimco and Nuveen. I would also consider putting some Annaly capital (NLY) in the mix as well.
    Mar 27, 2012. 12:40 PM | 2 Likes Like |Link to Comment
  • 10 Reasons Investors Should Be Wary Of The Second Quarter [View article]

    Great article. All valid points, and all are reasons why I can't seem to get a good grip on what is going to happen next. I like to look around me and see what's going on. A buddy is a high-end home builder and he says he is busier than he has ever been. I went to a bicycle shop last night and they said they were selling more high-end bikes than ever. I'm talking $4000+. My wife and I like to go out to nice restaurants and they are busy. One side of me is nervous, the other seees growth.

    Either way, I try to play it safe. I like your TBT play, thought about buying some under $19 a few weeks back. Bought DMND @ $24 that day instead, LOL. Today will be interesting there. I'm looking to add TBT.

    I'll stay out of the politics discussion. I was a huge Reagan fan, but feel none are worth much these days.
    Mar 22, 2012. 08:52 AM | 3 Likes Like |Link to Comment
  • Gold: Prepare For A Strong Move [View article]
    Great article, Avi. I enjoy your writing and hope to learn more about Elliot wave theory as time permits. I read the article you linked on why investors buy near the top, and it is so true. Reminds me of my wife telling me three years ago to sell our stock because the market had tanked. And she's a smart woman who'll shop all day to save $5. I said "too late, I already did, back when everyone was gloating about how much they had gained in their 401K". To my thinking, your wave theory is very similar to the way I like to look at things, and you mention them in the piece. Your cab driver example is perfect. When I hear friends and neighbors talking about what everyone should be buying, that's when it's time to get out. And you also represent the old saw about being greedy when others are fearful. Not many are willing to do that but it is very important to practice.

    let's hope you are right in your projections. I'm a miners guy, but also hold some silver and looking for gains there as well.
    Mar 20, 2012. 01:08 PM | Likes Like |Link to Comment
  • From Sizzle To Simmer, Overnight [View article]

    Thank you for those links above. I'll read them this weekend.

    Actually did not lose much in 08/09. In 2007 I started moving to cash because I started hearing the "man in the street" get excited about how much their 401K had gone up. I thought real estate was in a bubble. After the Dow crossed 12,000 I sold all the way to 14,000. I admit I came back in too early but I never worry about hitting absolute bottom and top. Everybody has their own tolerance for risk and their own goals. I just follow the trend, and right now the trend is up. I think too many folks now are mad at bankers, wall street, government, and all the other currrent villain of the day....... and are missing out on a lot of money being made.

    That being said, I have started moving into cash again, taking profits off the table, so yes some of the profits are still paper, but enough of them are not. If we have a big correction this year or next, I'm ready for it.
    Mar 17, 2012. 08:52 AM | Likes Like |Link to Comment