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Frankj78

Frankj78
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  • Wall Street Breakfast: China Heightens Curbs In Market Crackdown [View article]
    Biden does not come off looking good in Ron Kessler's book on insights (largely from the Secret Service) on what it is like protecting the Pres, Veeps, and families.

    Specifically, while he was tasked by Obama with rooting out waste, fraud and corruption in gubmint, he thinks nothing of flying to and from Washington to Delaware on Air Force Two. Sometimes twice in the same day. There are other shortcomings too, and these have to do with national security.
    Aug 4, 2015. 11:02 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Shares Nosedive As Market Reopens [View article]
    Or, look for Obama to send a signal by grabbing a coffee at Starbucks.
    Aug 3, 2015. 11:31 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Futures Rise With Fed Meeting In Focus [View article]
    Buck, you think I don't already know that? What in my comment prompted that response of yours?
    Jul 28, 2015. 04:20 PM | 1 Like Like |Link to Comment
  • Market Timing Is Not Appropriate For Retired Investors [View article]
    when you start early, the calendar does the heavy lifting.
    Jul 28, 2015. 11:27 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Futures Rise With Fed Meeting In Focus [View article]
    tntins: Don't worry about getting political here. Maybe elsewhere but not here.
    Jul 28, 2015. 10:07 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Shares Burst Government Support Dam [View article]
    I was going to make a similar comment about the underhanded way Congress goes about passing controversial stuff by attaching it to a "must pass" piece of legislation. It is dishonest.
    Jul 27, 2015. 10:18 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Shares Burst Government Support Dam [View article]
    Mayor Richard Daley (the elder) lecturing the press about police behavior during the 1968 riots at the Democrat convention: "The police are not here to create disorder, the police are here to preserve disorder."
    Jul 27, 2015. 10:11 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Shares Burst Government Support Dam [View article]
    Blue: apparently the unions are not exempt from the Cadillac tax rules. At least that's the conclusion I draw from the reporting on a labor dispute near where I live. Management wants to modify the medical plan to avoid the tax and the union is resisting. Other issues as well.
    Jul 27, 2015. 10:05 AM | 7 Likes Like |Link to Comment
  • Kinder Morgan - Buy It After The Recent Crash [View article]
    It could be a great idea as long as you can shelter the dividend income. And if you put the shares in her name in a non-tax sheltered account, you're putting her (and her parents) on the "kiddie tax" treadmill.
    Jul 24, 2015. 11:58 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Anthem To Buy Cigna For $54.2B [View article]
    Most of the low info crowd could not point to Iran on a map.

    Kerry is no Monte Hall, correct. Nor is he even Monte's sideman, Jay.
    Jul 24, 2015. 10:11 AM | 5 Likes Like |Link to Comment
  • Durability Test: Realty Income [View article]
    Thanks Brad.

    The photo reminded me of a older guy I worked with who was a long time investor in dividend paying stocks before they were popular. I asked him if he held the shares through a broker, (book entry or whatever it is called).

    He almost recoiled. Said, "No, I have the stock certificates in my safe deposit box." Then he added, "My wife likes to go to the mailbox and get those dividend checks and run down to the bank."
    Jul 23, 2015. 05:32 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Winds Down - Parliament Passes Reforms [View article]
    Is this employee $15/hour material?

    My daughter took her 16oz plastic travel mug into a coffee shop and handed it across the counter to a young man and said, "I'd like an iced coffee, I think this holds 16 oz."

    He proceeded to put the empty cup on a nearby scale, and said, "It weighs 4 oz, so I'll only charge you for 12 oz."
    Jul 23, 2015. 10:17 AM | 4 Likes Like |Link to Comment
  • Dark Clouds Forming Over Non-Traded REIT Sector [View article]
    darnoc111: Good summary of the drawbacks. I never invested in the non-traded sector mostly because I don't use a financial advisor so the idea was never presented. I'd like to think I would have passed on it.

    A relative was not as lucky. One thing you can hope for is that a publicly traded REIT will acquire the non-public holding. This happened with one of them.
    Jul 21, 2015. 11:50 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Germany Faces Tough Vote On Greek Bailout [View article]
    Each unit will have its own "Way Back" machine.

    "Set the Way Back machine for the year 2000, Sherman, we're going to do a little market timing."
    Jul 17, 2015. 10:46 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix Soars On Record Subscriber Growth [View article]
    f85: I am not sure that the voters would make the connection. Those who are financially astute might, and those affected by removal of Munis from their tax favored status might, but realistically, how many votes are there in this group?

    I'm all for fiscal responsibility. But it is depressing to see how the opposition manages to portray a slight reduction in a desired increase in spending as a "cut." This is sound bite politics, unfortunately too many are swayed by it in my opinion.

    Best wishes.
    Jul 16, 2015. 06:00 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
363 Comments
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