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madpup

madpup
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  • Is It A Good Time To Buy MLPs? [View article]
    Prices on the MLP fund I want to own has gone to the moon in price. Bought some NAT, SDRL & LNCO as an imperfect proxy. When the prices become more rational then I will be a buyer.
    Jul 5 09:43 AM | Likes Like |Link to Comment
  • The Nifty Fifty Market [View article]
    Excellent 1rst article, thank you for the information. I did not know the full extent of the divergence taking place in the stock market. Because of this article and several others this week pointing out the dangers present, I will be increasing my cash allocation. Good job.
    Jun 4 05:57 PM | 1 Like Like |Link to Comment
  • Pre-Crisis Levels - An Objective Look At Market Valuations [View instapost]
    Thank you, this is a new tidbit of information for me and I appreciate it greatly. I have been following the authors on SA for about 5 years and have not heard this mentioned before. Good Job.
    Jun 1 08:44 PM | Likes Like |Link to Comment
  • Why The UBS-ETRACS 2X High-Income ETN Is A Poor Choice [View article]
    I agree that holding a tax free investment in a tax free investment vehicle (ROTH IRA) is not an optimal way to invest, but even though that is the case, doing such does not necessarily make such a choice a flat out mistake, and one that should not be done if the opportunity presents itself. Earlier this year I was too over exposed in stock and wanted some government bonds. I made the choice to purchase C.E.F. Muni funds with my ROTH money because of the 6-7% coupon rate and the potential for capital appreciation on muni's. My muni funds are up approx. 10% in value since purchased in the first week of January. Also, at times I have owned SHYD In my ROTH as a cash proxy yielding 3.5%, since I don't want to hold cash, and SHYD has no correlation to my stock investments. For me, I like holding muni's in my ROTH IRA for now and I am enjoying the ride up.
    Apr 26 05:50 AM | Likes Like |Link to Comment
  • CVS Stops Cigarette Sales; What It Means For Investors [View article]
    and alcohol (beer) too.
    Feb 8 08:38 PM | Likes Like |Link to Comment
  • Depressed Stock Price Makes An Ideal Entry Point Into CenturyLink [View article]
    One last thing, $29.15 "is a better and more" incredible sales price, IMHO
    Jan 26 11:41 AM | Likes Like |Link to Comment
  • Depressed Stock Price Makes An Ideal Entry Point Into CenturyLink [View article]
    I believe the $29.15 had more to do with the overall market collapse in the last hour, than being only CTL specific. Every position of mine was in the red except for MSFT, this is probably the same result for many who have a diversified stock portfolio. I don't think the author can predict when train wrecks will occur, like Thurs. or Fri. this week in the market. Therefore, I don't believe the $31.05 "incredible sales price" was an outlandish opinion at the time it was given. I like CTL, and will buy more if it continues to drop. GLTA
    Jan 26 11:37 AM | Likes Like |Link to Comment
  • MORL January Dividend Increases - Now Yielding 23.6% Compounded [View article]
    Go to Morningstar.com, there can see the dividend payment history.
    Jan 7 11:37 AM | Likes Like |Link to Comment
  • Will Detroit Save The Municipal Bond CEF Sector? [View article]
    Double P.S. If you become a Scottrade member because of what I just told you about the flexible reinvestment plan, please tell them I sent you, so I can get 3 free trades, thank you very much.
    Aug 6 07:44 PM | 2 Likes Like |Link to Comment
  • Will Detroit Save The Municipal Bond CEF Sector? [View article]
    Game on, just finished buying my starter kit of MHF, MUA, OIA, PMM & CXE. Will buy additional purchases at minus 8% levels for 5x's which will cover the supposedly once in a generation lows of late 2008 - early 2009 P.S. Scottrade just started a free flexible reinvestment plan (no transaction costs), so if these drop, my monthly dividends will be buying additional shares on the decline at no cost. Good luck to all, Madpup.
    Aug 6 07:38 PM | 2 Likes Like |Link to Comment
  • Will Detroit Save The Municipal Bond CEF Sector? [View article]
    DMB is a "New" fund, I could not find what it's expense ratio was at Morningstar which I use. As far as leverage goes, I view it has a double edged sword, hurts your in bad times like now, helps you in good time like the past. It all comes out even in the wash come Saturday night as my Grandpa used to say.
    Aug 6 01:04 PM | 2 Likes Like |Link to Comment
  • No Need To Pray For Yield With 'Fallen Angels' [View article]
    I went back to Yahoo to look at the five day chart, after looking at it, it appears to me that some unknown soul bought an unknown amount to shares the day before at a price of $40.35 Prior to this trade the stock was trading at $27.80 (+45% price difference). Today's drop was simply putting things back to normal. I would term this an opposite flash crash situation.
    Aug 5 08:24 PM | Likes Like |Link to Comment
  • No Need To Pray For Yield With 'Fallen Angels' [View article]
    Why did this fund go down -32.47% today? Thanks for any info.
    Aug 5 07:27 PM | Likes Like |Link to Comment
  • Will Detroit Save The Municipal Bond CEF Sector? [View article]
    I personally would like a retest of the 2009 lows, have lot's of dry powder available to keep buying down to that level at preset stages, but that is me, that's why they call me Madpup.
    Aug 3 07:10 PM | 1 Like Like |Link to Comment
  • Will Detroit Save The Municipal Bond CEF Sector? [View article]
    Scooter, I too started dipped my toes in the water this week, made small purchases of MHF, OIA & PMM. The fund you bought, DMB, was started in May this year. The one's I chose have track records back beyond 2009. One thing I remember from a previous article going back several years, is that you should not buy a new closed end fund since they are like new car's and depreciate severely after being driven off the lot. The first buyer's take an awful hit, and exacerbate the fund's decline in the fall when they sell out of frustration and take a tax loss. I look for bargains on new closed end funds in late December because of the above scenario. Good luck with DMB, Madpup.
    Aug 3 10:45 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
41 Comments
35 Likes