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giorgiolb

giorgiolb
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  • Why Is It So Difficult To Keep Investing Simple? [View article]
    income,

    This is America. People don't need a reason to sue. Any good lawyer will invent one.
    Apr 14, 2015. 02:11 PM | Likes Like |Link to Comment
  • Why Is It So Difficult To Keep Investing Simple? [View article]
    "What policy will save share prices the next time?"

    The Don't Fight the Fed policy. It's not going away any time soon.
    Apr 14, 2015. 02:09 PM | Likes Like |Link to Comment
  • Why Is It So Difficult To Keep Investing Simple? [View article]
    "Check with Jack Bogle on this one.

    I'll stick with math. Math says someone has to be beating the averages, otherwise there wouldn't be any averages.
    Apr 14, 2015. 02:06 PM | 1 Like Like |Link to Comment
  • Several Dividend ETFs Slash Their Dividends By Up To 22% [View article]
    "If you have a $500k portfolio, and your advisor charges 1 percent, that's $5k for a vacation. EACH YEAR.
    Dave"

    It's like buying a house and having to pay your realtor his $5000 commission each and every year....
    Apr 14, 2015. 01:45 PM | 6 Likes Like |Link to Comment
  • Plains All American Pipeline Could Be The Best Performing Large-Cap MLP Over The Next 2-3 Years [View article]
    "You take IRA money that is already tax deferred and buy MLP's, whose tax advantages are lost in an IRA."

    Actually the tax benefits aren't lost in the IRA since the MLP's income isn't taxed at the federal level. They escape federal taxes, completely in a ROTH, and that's why the IRS has the annual $1000 UBTI limitation.
    Apr 9, 2015. 04:01 PM | 2 Likes Like |Link to Comment
  • Why Is It So Difficult To Keep Investing Simple? [View article]
    maybenot,

    Picture this:

    A bunch of heirs are standing around some dying rich guy's bed... and arguing whether they should pull the plug or keep him on life support until the stock market recovers...
    Apr 9, 2015. 03:52 PM | 2 Likes Like |Link to Comment
  • Why Is It So Difficult To Keep Investing Simple? [View article]
    Seattle,

    "And your beneficiaries won't be too impressed with DGI if your will is probated during a bear market or recession"

    I've never found too many beneficiaries complaining about a financial windfall... but perhaps one should only die in a bull market?

    "Since it's about income; let's see what income looks like:

    This bond whips your current 4% dividend return by 50% (yours may increase or decrease over time), is more secure than your overall portfolio on credit risk, guarantees principal, and guarantees my beneficiaries."

    This bond falls flat on its face when it comes to potential capital appreciation however, unless you need to sell along the way. Then you'll hope interest rates aren't any higher at that time or, guess what? Capital loss.

    "This is what I purchase when I want secure income. I truly don't care where the bond is trading day to day because I hold it for income to maturation only. But when I want total returns, I wait until the the market is reasonably priced, and I scale into the SPYs."

    And your bonds are losing day by day to inflation. 30 years later, you'll get back a fraction of present purchase value....or your heirs will. Scale into SPY? What happens to SPY in a bear market? Same as any other stocks. Goes down.

    "Frankly the whole "I buy stocks for income only and I don't care about total returns" thing is very strange. Works great in historic bull markets, but leaves you hoping and praying in a bear.""

    Huh? I love bear markets, but then I don't sell out at market bottoms. I'm looking for bargains which will perform a lot better than any 6% bond.
    Apr 9, 2015. 02:31 PM | 2 Likes Like |Link to Comment
  • The Misunderstanding Of El-Erian's Cash Position [View article]
    "SA: I just read your article published here that the market had topped in December 2012."

    He'll be right one of these years...
    Apr 8, 2015. 05:00 PM | 1 Like Like |Link to Comment
  • John Galt Misunderstood Monetary Operations [View article]
    David in LA,

    "It is the Republican Party that attacks its own legislation and policies because Mr. Obama implements them. The Democrats do not attack their legislation and policies even a Republican implements them."

    Thanks for confirming that it's always the other guy's fault in politics. I already knew that however.
    Apr 7, 2015. 08:47 PM | Likes Like |Link to Comment
  • 7% Raise For The Dividend Growth 50 [View article]
    maybenot,

    Indeed. Many "average" investors got burned in 2008-2009 and have never returned. They unfortunately missed the 6-year (and counting) bull market, and that is a cat-tastrophe...
    Apr 7, 2015. 08:23 PM | 3 Likes Like |Link to Comment
  • 7% Raise For The Dividend Growth 50 [View article]
    David,

    The cat market charts are looking a bit toppy. I advise caution.
    Apr 7, 2015. 07:56 PM | 4 Likes Like |Link to Comment
  • John Galt Misunderstood Monetary Operations [View article]
    D in LA,

    "The defenders of the Quantitative Easing Policy largely rest their case on the fact that "It Works"

    Let me phrase it this way: If Bush were still president, the democrats would be the ones complaining about QE and whining how the Fed's rewarding the rich and the TBTF banks.

    Anything that helps keep the stock market propped up until the current administration is safely out of office must be defended. I understand how the game is played. Your secret's safe with me.
    Apr 7, 2015. 06:27 PM | Likes Like |Link to Comment
  • John Galt Misunderstood Monetary Operations [View article]
    "CThe opposition to QEP by conservatives is entirely political."

    As is the continued defense of QE by democrats?
    Apr 7, 2015. 03:52 PM | Likes Like |Link to Comment
  • 7% Raise For The Dividend Growth 50 [View article]
    RAS,

    "I prefer to keep the high fees and expenses that I charge myself."

    Yes. It takes money to fund a permanent paid vacation.

    You especially might find this interesting...

    http://cnnmon.ie/1E0Ri9V
    Apr 7, 2015. 02:41 PM | 5 Likes Like |Link to Comment
  • 7% Raise For The Dividend Growth 50 [View article]
    "the record of active vs passive management clearly shows that active managers as a group UNDERPERFORM the indices.."

    Lesson: Don't invest with active managers running funds with high fees and expenses. Do it yourself.
    Apr 7, 2015. 02:09 PM | 7 Likes Like |Link to Comment
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