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mikeg999

mikeg999
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  • 2 High Yield Bond CEFs With Recent Intensive Insider Buying [View article]
    $GHY- Continue to like the shorter duration (2.4 years), discount (9.5%) and yield (8.75 %). Agree with your comment about intensity.
    Dec 6 08:31 AM | Likes Like |Link to Comment
  • Detroit eligible for bankruptcy protection, says Judge [View news story]
    Let's not forget the other growth industries-prisons and casinos.
    Dec 4 08:53 AM | 1 Like Like |Link to Comment
  • Detroit eligible for bankruptcy protection, says Judge [View news story]
    Even if possible, why bother. Our debts are dollar denominated and we can simply print more $ to pay our obligations.
    Dec 3 01:19 PM | Likes Like |Link to Comment
  • Detroit eligible for bankruptcy protection, says Judge [View news story]
    Article 1 of the US Constitution prohibits states from impairing contracts and the Supreme Court has ruled (1977) that states cannot refuse to honor its debts simply because it would rather spend its resources in another manner.
    Dec 3 01:18 PM | Likes Like |Link to Comment
  • Detroit eligible for bankruptcy protection, says Judge [View news story]
    States are can not seek bankruptcy protection. It will have to address its debts the old fashioned way through negotiation and higher taxes.
    Dec 3 12:18 PM | Likes Like |Link to Comment
  • Investor behavior: Same as it ever was [View news story]
    I too would like a program that provides a low risk (close to Treasury) return 1.5-2.0 above the inflation rate.
    Nov 23 11:26 AM | 1 Like Like |Link to Comment
  • What A Banana Republic And Monetary Policy Can Teach Us About The Future Of U.S. Housing [View article]
    Time to trademark "FART" and put it on t-shirts.
    Nov 23 10:41 AM | Likes Like |Link to Comment
  • Investor behavior: Same as it ever was [View news story]
    For me rebalancing is made much easier when I ask myself what would have the greatest impact on my financial health- a 20% increase or a 20% decrease. My lifestyle would be effected by the drop.
    Nov 23 10:37 AM | 2 Likes Like |Link to Comment
  • I'm Dumping Shares In HCP And Hiring Debra Instead [View article]
    Senior Group President-Heller Financial( $10B NYSE co.) which was bought by GE.
    President-GE Capital Mortgage
    Oct 9 09:25 AM | 1 Like Like |Link to Comment
  • I'm Dumping Shares In HCP And Hiring Debra Instead [View article]
    Check out her experience prior to JLL. She was among the real estate finance pioneers who helped start many of today's largest REITS. In fact, check out VTR's management. Many of the key decision makers all worked for her during their careers.
    Oct 9 09:03 AM | 4 Likes Like |Link to Comment
  • I'm Dumping Shares In HCP And Hiring Debra Instead [View article]
    Brad,

    Your assessment of the new CEO is way off the mark. She is one of the most experienced real estate, finance and corporate general managers in the industry and her record of success speaks for itself.
    Your experience comparison is a stretch.
    Oct 9 08:22 AM | 2 Likes Like |Link to Comment
  • The Leveraged Buyout Of America [View article]
    Tom,

    In the old days there were no CD's, money market funds and other vehicles that competed for deposits. The old days also culminated in the Savings and Loans failing (requiring a $500 B bailout) because they were unable to fund long term assets (mortgages) with short term deposits.

    The banking market remains incredibly competitive and community banks are challenged to find good lending opportunities that carry rates commensurate with the risk.
    Aug 26 05:23 PM | Likes Like |Link to Comment
  • Against Government-Subsidized 30-Year Mortgages [View article]
    Once again fully agree with Tack. Paid off my 3.75% early to help my spouse feel more secure as we approach retirement. Not a financial decision per se but one driven by emotion.
    Aug 13 12:50 PM | 2 Likes Like |Link to Comment
  • Marc Faber predicts a 1987-style market crash [View news story]
    Faber is no different than the charlatans who predict the exact date the world will end. What I like most about Faber is his ability to keep a straight face when he make these preposterous statements.
    Aug 10 08:48 AM | 3 Likes Like |Link to Comment
  • Apple (AAPL) has ordered display prototypes for a ~13" iPad and 4"+ iPhones, the WSJ reports. Reuters reported in June Apple is thinking of launching 4.7" and 5.7" iPhones, and South Korea's ETNews reported in May Apple is looking to launch a 12.9" iPad in early 2014. As the WSJ cautions, Apple often tests hardware prototypes that are never commercialized. Tim Cook has hinted a bigger iPhone, increasingly seen as a necessity as demand for ~5" and larger Android devices takes off, will arrive if/when Apple creates one that meets its standards. [View news story]
    Relieved to have exited my position at a small gain following yesterdays earnings release.
    Over the past year, I have experienced too many instances where software is being updated making older hardware such as Airport Express no longer functional. Further, the Apple environment seems to be getting cluttered with more unneeded features.
    Jul 24 08:51 AM | Likes Like |Link to Comment
COMMENTS STATS
66 Comments
76 Likes