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Frankj78

Frankj78
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  • Wall Street Breakfast: Yellen, Draghi Speeches Take Center Stage [View article]
    Thought criminals were sent to Room 101.
    May 22, 2015. 11:18 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: PMI Data Weighs On Global Markets [View article]
    Good news Thursday (and everyday) is credit unions are an alternative to the large banks. I've been happy with mine for over 30 years.
    May 21, 2015. 09:16 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: PMI Data Weighs On Global Markets [View article]
    "Politics and crime, they're the same thing." Al Pacino as Michael Corleone in Godfather III.
    May 21, 2015. 09:08 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: UBS Settles Forex, Libor Scandals [View article]
    The federal minimum wage is 7.25 right? My understanding is this applies to workers employed by the federal gov't and those working for businesses on federal contracts. Also that the states can set their own minimums and they can be higher or lower.
    May 20, 2015. 10:36 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: UBS Settles Forex, Libor Scandals [View article]
    Blue: LA might have silicone valley. Silicon valley is farther north.
    May 20, 2015. 10:25 AM | 9 Likes Like |Link to Comment
  • Dividend Growth Investing Requires Perseverance [View article]
    A gem.
    May 16, 2015. 10:03 PM | 1 Like Like |Link to Comment
  • Williams Goes The Kinder Morgan Route, Higher Dividends Ahead [View article]
    Berkshire Hathaway is my guess.
    May 15, 2015. 10:23 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Dollar Crumbles, Hits Fresh Lows [View article]
    Yeah, we have to pass TPP to find out what's in it.
    What happened to the most transparent administration ever?

    So, the Asian nations wanted this passed quickly and that's the reason for all the opacity? We should tell them to pound sand. If this is such a big deal let's take the time to examine it.
    May 14, 2015. 10:05 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Dollar Crumbles, Hits Fresh Lows [View article]
    A positive comment: I spent 3 hours on Tues. and again on Wed. as a judge for Senior Oral Presentations at our two local high schools. Listened to 17 HS seniors relate their HS experiences and how their work met the school districts 6 outcome goals.

    Conclusion: there is hope for this generation based on this small sample -- and our community is NOT a "Tiger Mother", Have-to-get-into-Colle... type of place.

    Best presenter was a young man who had an interest in engineering and robotics and with team members entered robotic competitions. He intends to follow this path in college.

    I thought this was worth reporting on Good News Thursday.
    May 14, 2015. 09:59 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: European Stocks Rise After GDP Data [View article]
    yes, it is about legacy as much as trade. in my opinion
    May 13, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: European Stocks Rise After GDP Data [View article]
    The most transparent administration ever. That's what the claimed they'd be at the start.
    May 13, 2015. 09:34 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: European Stocks Rise After GDP Data [View article]
    I think Ben meant if our numbers were 20-30 percent of theirs we'd be happy.
    May 13, 2015. 09:32 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Stocks Slide As Bond Market Turmoil Continues [View article]
    Nike already makes its sneakers overseas. It has for a long time. I thought it was ironic that Obama would make this big announcement at Nike offices outside Portland. There was mention of 10,000 jobs at Nike here that would be the result of TPP. OK, fine, but doing what?

    May 12, 2015. 10:10 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Tensions In Focus [View article]
    It is not only the fee the adviser charges, it is the fees that may be charged by the mutual funds and/or ETFs that the advisor recommends. Will you be put into front end load funds (Class A) shares or "load-waived" funds?

    Pay attention to the annual expense ratios. Remember what John Bogle said when asked how one could identify a mutual fund with the highest probability for superior long terms gains. He said, "pick the one with the lowest fees."

    Are there 12B-1 fees is a legit question because those fees are incentives paid to the adviser by the fund to get the adviser to push certain funds.

    Reasonable fees to me would be well under 1% for a low 7 figure account where the adviser is going to set up an allocation, rebalance yearly, meet a couple times a year, and not do an inordinate amount of hand-holding. That said, do I use an adviser? No.

    School yourself on how to screen financial planners and learn the different ways they are compensated. If you are talking to one and they recommend certain types of investments, and they cannot explain the investment in clear terms that you can readily understand, do not assume you are the dunce. Assume the investment is more complicated than this guy or gal cares to explain and consider passing on it and maybe this planner.

    Ask this question: "Ok, if I invest in this product, can I get my money back out in a week, a month, a year without any penalties or fees?" If people had asked that question about annuities and non-publicly traded REITS, there would be some happier investors out there and some slightly poorer financial planners out there.
    May 11, 2015. 12:38 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Tensions In Focus [View article]
    A warning? Could it be your use of the two letter abbreviation for SocSec?
    May 11, 2015. 12:09 PM | Likes Like |Link to Comment
COMMENTS STATS
326 Comments
632 Likes