Send Message
View as an RSS Feed
  • Team Alpha Portfolio: The World Is Fraught With Risk, So Is Dividend Investing  [View article]
    The "problem" with this strategy is that most anyone can do it. That leaves the middle men that invest other peoples money and take a percent or so (no matter how well or poorly they do) out of the picture.

    By the way, why are these fees always expressed as a percentage of the money managed instead of as a percentage of the profits that year? If the assets make 10% and you get 9% they are really taking 10% of the profits. If the assets lose money they are taking an infinite amount over profits. . . Rubbing salt in the wounds. The experts always win, their clients, not so much. No one ever seems to look at it that way.

    I imagine that you will continue to receive push back from "experts". Take it as a sign that you are doing things right.
    Aug 7, 2013. 10:14 AM | 6 Likes Like |Link to Comment
  • What's Wrong With The REITs?  [View article]

    Net Profit Margin -61.19%
    Jun 28, 2013. 11:54 PM | Likes Like |Link to Comment
  • Confusion From The Fed Has Driven These mREITs Into Bargain Territory  [View article]
    Seems like a reasonable argument to me. I'm in if my limit order hits.
    Jun 24, 2013. 01:26 PM | Likes Like |Link to Comment
  • Dr. Doom Has Gold Going Below $1,000: Why His Thesis Is Spot On  [View article]
    I'm not really an opponent, I do hold some PM but I'm certainly not going to put all my eggs, or even many of my eggs, in that basket.

    I'd suggest buying what is cheap.

    What we did 18 months ago, when there was blood in the streets, was buy real estate here in Florida. It's a physical thing, like gold. And the rentals pay rent, unlike gold. I wouldn't buy in now, big money figured this out soon after we did and pushed prices up 50% to where they are now.

    For the patient and the bold, there are always opportunities.
    Jun 9, 2013. 11:02 AM | Likes Like |Link to Comment
  • Forget The Jobless Recovery, Get Ready For The Full-Employed Recession  [View article]
    So are the kids that graduate with shinny new degrees. And debt.
    May 7, 2013. 08:42 AM | 4 Likes Like |Link to Comment
  • James Altucher: Why The Stock Market Is A Sucker's Game Right Now (And Which Stocks I Own)  [View article]

    Net Profit Margin -2,021.38%

    Might as well be day trading. . .
    Apr 30, 2013. 12:23 PM | 7 Likes Like |Link to Comment
  • Fundamentals For Salesforce.com Point To Higher Prices  [View article]
    Expenses seem to increase more than profits. There is no mote. Their PR/hype team, however, is work class. CRM isn't a stock, it is a religion.
    Apr 30, 2013. 08:18 AM | 5 Likes Like |Link to Comment
  • Crumbs Bake Shop Is A Complete Disaster  [View article]
    Good article but it seems like old news given today's stock price.
    Apr 17, 2013. 08:06 PM | Likes Like |Link to Comment
  • This New Budget Proposal May Limit Your Annual Retirement Income  [View article]
    Hindsight is great isn't it. After all math doesn't lie.

    If, in 1970, someone had picked the right stock, and invested all of their IRA contribution in it. . . wait a minute. The limit is 5k now, so that would take 4 years. . . I can't do it on one year. Also, I'm pretty sure the limit was much lower in 1970. OK so if someone had managed to pick the right stock and invest all 20k they somehow had in it. . . Wait a minute. Doesn't pretty much everyone push diversifying? Not putting all your eggs in one basket? After all, that basket could have just as easily been Enron. Now they are on a street corner with a cardboard sign. . .

    So if a bunch or incredibly unlikely and unrealistic things all happened 40 years ago, yes the math tells us that someone could have over 3 million in their IRA. If I could make a million shots in a row, I could play for the NBA. It is possible. . .

    Since we are using hindsight, if I had this gift I would have a much great ROI than 3 million on 20K. I'd go back in time and guess the winning lottery numbers, bet on long shots in horse races, etc etc etc

    The logic of this and every other SA article that basses an argument on hindsight is seriously flawed. In the real world, the hypothetical described in this article could happen but is so unlikely that it is ridiculous to even consider making national policy on such a far fetched "problem".

    Since the Enron and cardboard sign is just as likely, perhaps a lot more likely, may we should tax the millionaire and pay for some basic services to society as well as attack the debt?

    Apr 8, 2013. 11:01 AM | 4 Likes Like |Link to Comment
  • Annaly's Continuing Metamorphosis  [View article]
    Transparency sheds light on what is going on and is one of the few check and balances we shareholders have. They may be doing a great job now, but what about in 10 years? Will it be about performance and our interests or about getting a bigger percent of an already big pile of money no matter how it preforms? They may make a lot now but at least they are delivering. What happens when/if management stops delivering?
    Mar 26, 2013. 12:53 AM | Likes Like |Link to Comment
  • 3 Ways To Avoid The 'Rigged' Stock Market  [View article]
    Spoken like a broker.

    Lets say I wanted to buy FB stock 10 years ago. Truth is, I did back then before it was discovered. My students were using it and I have learned to pay attention to the new stuff they use. Guess what? Like so many other companies most everyone else didnt know about, they were Private Equity only. A game I'm not allowed to play in.

    And of course by the time I am allowed to play, there was the more recent FB IPO - with all the hyp of a fully "discovered" and promoted company even much of the market realized this for the pump and dump it was. And we all know the "it wasnt rigged" shenanigans there.

    Lets look at MBS fraud. Bundle junk and suddenly it is top class. Robo sign it. Boot millions of Americans out of their homes. Of course that was't rigged either right? And while we are talking about banks and things not being rigged, are you also going to tell me that your tax dollars will bail out my small business and pay for my bonuses should I make really risky decisions that fail? To big to fail bailouts, especially in the US where there were almost no strings attached, are yet another example of a rigged system.

    Keep calm and carry on. Things will be fine. Until they aren't.

    The scary thing is that there are not a lot of alternatives. I think that is why the stock market is going up now - it is the cleanest dirty shirt. As mentioned above, investing in yourself and starting a small business is one of the few good options left.
    Mar 26, 2013. 12:35 AM | 8 Likes Like |Link to Comment
  • 3 Ways To Avoid The 'Rigged' Stock Market  [View article]
    Combine that with
    Private Equity Markets.
    Mar 25, 2013. 01:36 PM | 1 Like Like |Link to Comment
  • 3 Ways To Avoid The 'Rigged' Stock Market  [View article]
    Private Equity Markets - Also rigged, also not a level playing field or a free market. Poly ticks, to big to fail, Military Industrial spending, MBS Fraud, IPOs, Bonuses for execs of failing companies etc etc etc also all make many of us conclude that the market really is rigged. People are greedy, often feel entitled and usually don't put a priority on shareholders interests.

    Rigged can be OK as long as you can figure out how it is rigged and therefore which way it will move. If you can't find the sucker in a rigged game, it is most likely you. In those cases, don't play.

    Your mileage may vary.
    Mar 25, 2013. 01:35 PM | 4 Likes Like |Link to Comment
  • Annaly: Continuity, Confirmation And Dividends Will Keep This Stock A Solid Buy  [View article]
    Has Wall Street given us any good reasons to further lower transparency, to trust that managers will always act in share holders best interests and to further limit shareholder input?

    What does history tell us happens when things get bad? Do managers severely cut their pay in line with their performance or do they often continue to take as much as they can because they can?

    Even if you trust the managers today, are you willing to bet that in 10 years they will still have your best interests at heart?

    Finally, we have invested in a REIT, not a hedge fund. If wanted to be paid like I did job X, the best strategy would be to get a job doing X. If managers want to earn hedge fund salaries, they should go work for a hedge fund. Yes, management has been excellent but it has been working under the checks and balances of shareholder feedback. If they want to do something else for tax advantages that is fine as long as transparency is kept as well.
    Mar 21, 2013. 11:30 AM | 4 Likes Like |Link to Comment
  • Salesforce.com (CRM): FQ4 EPS of $0.51 beats by $0.11. Revenue of $834.7M (+32% Y/Y) beats by $3.9M. Expects FQ1 revenue of $882M-$887M and EPS of $0.40-$0.42 vs. a consensus of $886M and $0.42. Expects FY14 (ends Jan. '14) revenue of $3.82B-$3.87B and EPS of $1.93-$1.97 vs. a consensus of $3.85B and $1.95. Shares +5.2% AH. (PR[View news story]
    Because "cloud computing" sounds cool. And is the future. To bad they don't have a moat or a track record of profits. The one thing they have going for them is the most amazing PR/spin team. . . At some point this bubble will burst.
    Feb 28, 2013. 09:19 PM | 1 Like Like |Link to Comment