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  • Retirement Strategy: Is Now The Time To Buy The Dips? [View article]
    Stocks worth buying at their present levels (my opinion of course) are: F, PSX, MSFT, BBEP, PSEC, FSC, MAIN, ESV, and GE.
    Apr 14 10:22 PM | Likes Like |Link to Comment
  • Main Street Capital Makes A Move [View article]
    Sounds like you're doing fine, maybenot.
    Apr 13 02:17 PM | 1 Like Like |Link to Comment
  • Main Street Capital Makes A Move [View article]
    Thanks surfgeezer.
    Apr 13 02:16 PM | 1 Like Like |Link to Comment
  • It's Bubble Time: A Study Of Peak PE For The S&P 500 [View article]
    I think we are heading toward a bubble after this correction-whatever % it ends up being. Fear does strange things to people's outlooks. However, I believe that there are a $hitload of people/investors who still want to get into equities, but not at Dow 16500. Take us back to 15500ish, and we will see the power of greed take over again imo.

    Not to discommode the time it took you for research, etc., but I think the vast majority of this article could be summed up in my first sentence here-without throwing whatever data out (any)one may think is relevant.
    Apr 13 02:03 PM | Likes Like |Link to Comment
  • It's Bubble Time: A Study Of Peak PE For The S&P 500 [View article]
    Good to see there are investors here thinking (investing) outside the little boxes of writers and analysts.
    Apr 13 01:47 PM | Likes Like |Link to Comment
  • It's Bubble Time: A Study Of Peak PE For The S&P 500 [View article]
    <<I don't remember seeing a more stock specific market than this one. You have to do your home work and due diligence. This isn't a market for the ETF only crowd.>>

    Thank you!! This may be the simplest, most straightforward and accurate statement in this entire thread. There ARE a lot of great co's selling at bargain prices, but you have to be specific and NOT look at co's as if they were ETFs.

    Of course it's not completely different this time, but it's not the same either. There are a lot of co's that are kicking a$$ (and yes, low interest rates have had A LOT to do with that, but some co's have used those low rates to solidify themselves). Check out which stocks are green on red days for the market-even extreme red days. They are out there and are holding their own despite problems in other parts of the market.
    Apr 13 04:15 AM | 1 Like Like |Link to Comment
  • It's Bubble Time: A Study Of Peak PE For The S&P 500 [View article]
    Great analogy, tstreet.
    Apr 13 03:16 AM | 2 Likes Like |Link to Comment
  • Main Street Capital Makes A Move [View article]
    Hi maybenot. Well, my PSEC is in a Roth, as is one of my clients. However, I like the yields (of course) and would like to have some BDC in my cash account as I work toward building that cash account to a point where its divs supplant enough of my current income that I can cut back from 50 hr work weeks and drop to 40 (then later on, 30).

    From what I've read, the tax situation is different for the BDCs vs MLPs. I wanted to have as much tax deferred income in my cash acct as possible (as in, distributions from MLPs) but will have the divs taxed up front if I decide to put some BDCs in there. My cash account is not a trading account, but rather one I will use for current income-that is, when the amount of the income is large enough to enable me to start to cut back at my current job.

    I want to diversify my BDC holdings-not just PSEC. MAIN is one that I've been watching for a while, FSC and TCAP too. I'm at least 20 years from retirement (25-30 if/when they raise the age), so mandatory distributions from an IRA aren't an issue for me at this point.

    As far as your question, I would say, are you able to make withdrawals from your IRA(s) that would allow to simply leave those holdings in that IRA??? You could keep BDCs and other non-MLP dividend payers in the IRAs while simply having MLP-type holdings in a cash account and use those divs (distributions actually) as income. I think transferring a decent sized amount to a Roth sounds like a good idea, so long as you don't/won't need it soon.
    Apr 13 02:41 AM | Likes Like |Link to Comment
  • Main Street Capital Makes A Move [View article]
    @maybenot: Do you keep your BDCs in a Roth or traditional IRA??

    Apr 12 01:12 PM | Likes Like |Link to Comment
  • Ohio geologists link earthquakes to fracking, state unveils tougher rules [View news story]
    Too much $ involved to just scrap it. Deals and compromises will be worked out in every place that has problems-however the locals decide to define 'problems'.

    Many of the commenters here are acting like animals, swept away in left or right wing rhetoric (and so easily too). Says a lot about America sadly.
    Apr 12 01:07 PM | Likes Like |Link to Comment
  • Consider Aflac If You Like Buybacks, Long Dividend Streaks And Cheap Valuations [View article]
    I'm considering adding for 2 clients and starting a position for a third.
    Apr 12 12:45 AM | Likes Like |Link to Comment
  • Beijing says no government money for cigs [View news story]
    Lol...yeah, that should take care of the problem.
    Apr 11 11:35 AM | Likes Like |Link to Comment
  • Qualcomm declares $0.42 dividend [View news story]

    I'm in the same boat but we live in a world with a lot of gray areas. We could just leave the petrol in the ground and go on with the way things were. Would the other countries??? Of course not...and I'm not fooling myself about it either. I wish it were different but it isn't. If we're going to continue with oil, we need to become self sufficient as much as humanly possible. Yes, we will find other reasons to have a military presence 'over there', but we need to be taking care of Americans fuel needs first, even if it's not the cleanest way to go about it. Eventually, we'll move on from oil...but it will be after the last drop is used though.

    Tobacco is what it is. There will always be something like it-even if they regulate it out of existence (or try).

    But you're right-no one will be there for our (financial) futures, so we need to make the best of it, even if it occupies those dreaded gray areas.

    ps-get you some VNR : D
    Apr 11 12:58 AM | Likes Like |Link to Comment
  • Ensco Plc: Is A 6% Yield Enough To Overcome The Risks Involved In Holding The Shares? [View article]
    Agree maybenot. 6% level is a great place to add or start a position for ESV.
    Apr 10 05:28 PM | 1 Like Like |Link to Comment
  • Qualcomm declares $0.42 dividend [View news story]
    It's funny, maybenot. Looking back, it's a no-brainer, but b/c these clients are (mostly) against fracking, I've had to keep their holdings free of (or almost, for the husband) oil and gas co's and tobacco. So, my research led me to QCOM at that time. Div much, much smaller, but more (immediate) growth was ahead. I really wish I would have held some of my personal funds back to p/u shares for myself (and PSX too), but I've been working on building up my MLP holdings (BBEP, QRE, and VNR so far) in my cash account.
    Apr 10 05:19 PM | Likes Like |Link to Comment