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  • 2 Dividend Stocks To Buy And 3 To Avoid For Retirees [View article]
    Hi Todd,

    Completely agree on running away from T-bills. I've added some TBT at current prices. Seems like a no-brainer because it's not a matter of "if" but "when" 10-yr rates rise.

    I have to look at AGNC. Added ANH on your recommendation.
    Jun 26, 2012. 07:56 AM | 1 Like Like |Link to Comment
  • Robert Shiller backs a proposal from Cornell's Robert Hockett for local or federal governments to seize underwater mortgages, pay them off at fair value with money from new investors, and issue new loans with smaller balances to the homeowners, who would then be less likely to default.  [View news story]
    Yep. Just what we need. Another program to bail out people who made poor decisions. I wish someone would step in and relieve me of all the investments I own that are worth less than they were when I bought them.

    Good example; A relative of mine and his wife, both professionals, bought a house in 2007 with the express intent to paint it, put a new kitchen in and sell it for a big profit. Ended up under water big-time. Recently took advantage of the last program that gave them the ability to refinance and now pay $500 less per month than they were. I see no fairness anywhere there.There's no free lunch and someone other than that couple has to eat that money.

    As many have said here, we need to leave things alone and let the markets take care of themselves. Sure some people will get hurt, but life isn't fair and wasn't meant to be. When you make bad decisions in life you should have to live with them.
    Jun 25, 2012. 04:38 AM | 3 Likes Like |Link to Comment
  • Taking The Market Out Of The Market [View article]
    Tack is right. No need to worry about HFT if you are a long-term "Investor" and I put that in quotes because there is a big difference between investors and traders. Find good companies with good leadership and buy them when they are on sale. Sell them when either the management or sector changes.

    I'm retired at age 54 because I follow those rules. All of my friends wonder how I can do it. All I do is keep an eye out for sectors and/or companies that are out of favor and invest in them. Following the rules above of course. No need to worry about short term fluctuations.

    Listen to Tack. Do your research and trust in what you find.
    Jun 23, 2012. 10:29 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 119: June 23, 2012: Notes And More From The June 21, 2012 Shareholders Conference [View instapost]
    Hey Jak, Bushmills is A-OK. No need to apologize. I just read Maya's excellent report while sipping some Jim Beam Black Bourbon. I just love a good whiskey. But I digress. Nice to hear about the meeting. I hope I can make it in years to come and meet some of you. After three years it's good to see signs of life. Here's to many more good signs.
    Jun 23, 2012. 10:03 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 117: June 20, 2012: RAILWAY AGE | How Norfolk Southern Is "Getting The Lead Out" [View instapost]
    Congratulations. There is nothing like being a parent. I wouldn't trade it for anything. I also was planning on going to the conference, but I have been accepted into a program in New York whereby they pay me to work on getting my business up and running so I can concentrate on that and nothing else. As part of the program I have to attend courses to instruct me on things like writing a business plan, obtaining financing and taxation, etc. One of the courses is scheduled tomorrow. My business is a micro-brewery so I am in essence getting paid to brew beer. Wonderful country, America,
    Jun 20, 2012. 05:52 PM | 9 Likes Like |Link to Comment
  • The Benefits Of Averaging Down [View article]
    Yep, G. Did the same. Started moving to cash in late 2007 when I thought things were getting overheated, and started buying back in late 2008 early 2009. Did I get it perfect? Hell no. But ended up with a whole lot more shares than I had before at the same total cost. When everyone else is panicing and selling, I'm buying the good solid companies that have stood the test of time.
    Jun 16, 2012. 09:21 PM | 3 Likes Like |Link to Comment
  • These 11 Charts Prove The Economy Has Gone Ice Cold [View article]
    Also LT,

    I saw a blurb today that trucker turnover is up 2% for the first quarter. I forgot the number, something like 90% turnover rate. That means trucking companies are luring drivers away from other companies by offering more money. Doesn't sound like a recession to me.
    Jun 16, 2012. 09:12 PM | Likes Like |Link to Comment
  • These 11 Charts Prove The Economy Has Gone Ice Cold [View article]
    Tack, makes me think of my wife's sister and brother in law. Bought a house in 20907 for the sole puepose of making a "killing" on it. Figured they could do a little updating and sell it for a profit in a year or t3wo. Didn't work that way. They were so underwater they took advantage of the latest program to refinance so they could lower their mortage payment. I keep my mouth shut in family gatherings but that sort of thing really pisses me off.
    Jun 16, 2012. 09:06 PM | 3 Likes Like |Link to Comment
  • It's Time To Invest, Not Panic [View article]
    Great article, Ray. While I do "trade" with a small portion of my money, most of it is invested in good, solid, dividend-paying companies. Shell isn't going anywhere for a very long time. I don't worry about price fluctuations and rarely look at my income portfolio other than to see what to do with the latest round of dividends. Great management is key as well. I always research that.

    But, Like E-doc says, I sure hope there is more panic this summer. I like taking advantage of it.
    Jun 8, 2012. 04:39 PM | 1 Like Like |Link to Comment
  • Interesting stuff - the TIPS curve has inverted, the 1-year yield moving from -2.5% to zero in 4 months, meaning the market is now pricing in 0% inflation over the next year vs. 2.5% just weeks ago. Inflation expectations haven't collapsed like this since 2009. Might this chart be making the rounds with the Fed staff?  [View news story]
    I think that years worth is just about gone already. Amazes me how people will buy a 10-yr T-bill yielding 1.5% and pass on a blue-chip company like KO, CL, PG, etc.
    Jun 6, 2012. 09:23 PM | Likes Like |Link to Comment
  • My Best Investment Advice: Watch Your Fellow Investors And Do The Opposite [View article]
    Excellent comment, Alex. I do just that with my income portfolio. I don't care what it is worth on any given day. I only care about my dividend stream and if IT is going up YoY. I always keep a bit of cash in it for times like these and buy when I see a good opportunity. Like last fall and now.
    Jun 2, 2012. 08:58 AM | 1 Like Like |Link to Comment
  • My Best Investment Advice: Watch Your Fellow Investors And Do The Opposite [View article]

    Right on, my brother. I sure don't profess to be the sharpest guy around, and I'll never be able to say I timed things perfectly. However, the world is not going to end, the sky is not going to fall, and just as surely the 10-yr rates will not stay at 1.5% and European companies are not going to fail.

    I have been taking advantage of this fear in the markets to buy Vangaurd's FTSE fund in my 401K (always have some cash on hand for these opportunites), some TBT (as soon as the fear subsides, watch out), some gold and silver miners (at what, 50-year lows relative to bullion). Things may continue falling and I'll just keep buying all the way down. Did it in 2008-09 and it worked out very well.
    Jun 2, 2012. 08:53 AM | 2 Likes Like |Link to Comment
  • Ugly chart of the day: The widening gap between earnings yields and Treasury yields represents "a massive failure of our economic institutions" - we have low bond yields because the Fed has failed to do its job, and we have high stock yields because the market has failed to do its job.  [View news story]
    As usual Tack, I have to agree. Once all of the fear that is pervasive in the markets dissipates and the average investor realizes this disparity in yields, I see a huge exodus from bonds into equities. As you like to explain, the convexivity in bonds will take over and a lot of people may be left holding the proverbial bag.

    Of course that is just IMO and they way I am playing it. Even had to add a bit more TBT yesterday under $15. I never would have thought I'd see 10-yr rates under 1.5 but it can't last forever.
    Jun 2, 2012. 08:23 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 108: May 30, 2012: U.S. DOE Awards Grant To Axion Power International For PbC® Batteries In Micro-Hybrid Vehicles [View instapost]
    I had the balance of a GTC order @ .338 finally filled. I thought it was going to expire at some point, but I'm glad to add them to the fold.
    May 31, 2012. 09:01 PM | 4 Likes Like |Link to Comment
  • In the face of a nasty Greek exit from the eurozone, investors have little choice now but to cling to low-yielding U.S. government debt, says Pimco's Bill Gross. Despite our own debt mess, a flight from risk assets is going to continue to send money into Treasurys. "It's what we call the cleanest dirty shirt," Gross says; "at the moment the cleanest dirty shirt is the United States."  [View news story]

    Since this is an investment site, shouldn't the take-away here be to start buying those "beaten down" dividend stocks? That's what I've been doing, including the mega-cap multinationals. Those big companies aren't going away no matter what happens to Greece and all the other EU countries. I don't think the folks at Shell, Nestle, Glaxo, etc. are really worried too much about Greece. And yes, as Tack says, please let me know some that are down 50% so I can buy them.
    May 25, 2012. 05:25 AM | 2 Likes Like |Link to Comment