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  • You're Missing The REIT Point: Investor Sentiment Is On Our Side [View article]
    Hi Brad,

    What do you think about KBWY?

    I bought 100 shares at 32.00 and would like to think that was a good entry level price though I am down a bit.
    Jul 30, 2015. 03:04 PM | Likes Like |Link to Comment
  • Stop Looking At Quarterly Growth Rates For The Economy: Year-Over-Year Growth Is Dismal [View article]
    Could industrial expansion be slowing as a result of a strengthening dollar thus reducing export competitiveness?
    Jul 30, 2015. 02:44 PM | 1 Like Like |Link to Comment
  • Does Diversifying Damage Performance? [View article]
    I do not feel commodities need any place in a portfolio. Cash and bonds are a hedge for deflation. Commodities pay no interest, they have no management to grow the business, and their value is very volatile. The same could be said for cash, the big difference is cash is more liquid and can be used to purchase other investments readily.
    Jul 29, 2015. 11:49 AM | Likes Like |Link to Comment
  • BDCs At 52-Week Lows Before Q2 2015 Earnings [View article]
    What I continually consider is if the structural economy will get strong enough to withstand "normalized" interest rates or not. I have no doubt the Fed will test the waters with some small increases. But will they get over 1% before the next recession?

    BDCs at least the well managed ones will have increased earnings when rates rise over 1%, but decreased earnings when they rise below 1%. So we sort of need to be patient and get over the 1% hurdle before we reap the benefits.
    Jul 28, 2015. 09:22 AM | 1 Like Like |Link to Comment
  • Prospect Capital And The Magic Of Numbers As Demonstrated By The COO Interview [View article]
    PSEC seems like a bloated mess. Got too big too fast an order to profit the managers at the expense of shareholders. These kind of companies make me feel Gordon Gecko was right.
    Jul 28, 2015. 09:18 AM | 3 Likes Like |Link to Comment
  • Oil: Prices Will Rebound [View article]
    I see two main shifts in oil geopolitics that cause downward pressure. One is OPEC is not as united as it used to be. For a long time OPEC "stuck together" more and kept the supply they pumped out limited. Now it almost seems like OPEC doesn't matter because some countries like Saudia Arabia defy it and just pump out as much as they can. The 2nd developement is I believe at one time politics in many countries favored oil, and to a strong extent they still do. But there is increasing acceptance and push for alternatives, we see this with such things and solar panel tax benefits.
    Jul 27, 2015. 08:45 AM | 3 Likes Like |Link to Comment
  • Buy And Hold Vs. Selling Shares: A Study Of Capital Preservation Methods Within A Dividend Growth Portfolio [View article]
    I think one issue is that the historic return of equities in the US may start to trend down in the future as growth is more tepid. That's nto to say buy and hold is still not the best option. But for better returns one may need to get creative.
    Jul 23, 2015. 11:06 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Winds Down - Parliament Passes Reforms [View article]
    Bottom line is you can't legislate prosperity, history proves it. All these absurd government laws do is cause short term distortions and pain in the market until the invisible hand works things out over time.
    Jul 23, 2015. 10:42 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Winds Down - Parliament Passes Reforms [View article]
    I am a NY resident in western New York.

    This "wage board" and the fast food minimum wage is a disgrace. Its akin to Soviet Union. Cuomo stacked the board and circumvented the legislators. So we are supposed to follow a rule that our representatives had no say in.

    The entitlement mentality is going to ruin this country.
    Jul 23, 2015. 09:59 AM | 5 Likes Like |Link to Comment
  • Top 5 Reasons To Buy Prospect Capital On Another Dip [View article]
    I agree at some point PSEC could be a short to medium term play on value.

    But those speculative days are over for me, have lost too much sleep over it. I only invest in what I am confident owning for the very long term being 29.

    Do I really think over 30 years PSEC has any chance of beating the S&P? Absolutely not, so why bother? S&P is far more diversified.

    Maybe I view investing differently. But I only invest in something that i feel somewhat confident has a chance of beating the S&P, and I realize that even then the liklihood is low.

    But keep buying companies like PSEC folks, it helps keep the trading business alive from people paying commision to buy lousy companies.
    Jul 22, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Durability Test: National Retail Properties [View article]
    Hi Brad,

    Hope you do not mind me asking. But as an aside what do you think of the ETF KBWY? Love your articles.

    Jul 22, 2015. 12:46 PM | Likes Like |Link to Comment
  • Take When The Market Gives, Part 3 - BDCs: Valuation Framework, Performance When Rates Rise [View article]
    I think what alot of people do not realize is a premium to NAV can serve to be of some benefit. The reason is any secondary is essentially an automatic boost to NII and NAV "all else held equal."
    Jul 22, 2015. 09:23 AM | Likes Like |Link to Comment
  • No Growth, No Profit, No Problem [View article]
    Banks are much more capitalized now then pre crisis. Valuations are elevated but I wouldn't quite say we are in a bubble either.
    Jul 21, 2015. 09:07 AM | Likes Like |Link to Comment
  • How Much Bond Duration Could You Endure? [View article]
    I like NY muni funds (I live in NY) for some tax free income/bond exposure and a deflation hedge, but I don't think it should be a large part of anyone portfolio at this point.
    Jul 16, 2015. 06:44 PM | 2 Likes Like |Link to Comment
  • The Restaurant Business Is Too Competitive: Buy The Supplier Instead [View article]
    I think the draw for restaurant business is enticing to investors because it can be home to some of the strongest growth stories of any sector. Company's like Dominoes have made some alot of cash. People alway's need to eat and people are getting more lazy by the day. I know people so lazy they literally never use their kitchen.
    Jul 15, 2015. 04:34 PM | 1 Like Like |Link to Comment