Emerson

Credit Card Crunch: Creating a New Generation of Subprime

You, like many people writing today, take an insolent approach to those who use credit. My wife has been sick for over five years and our insurance doesn't cover everything. As one small example, her medication costs me over one thousand dollars a month. I'm retired and my retirement fund has been cut in half. Now tell me, where am I to get the money every month? How dare you compare that to a "sacred flat screen TV." And I'm sure I'm not alone. There are probably millions of Americans, from single parents to the elderly, struggling to make ends meet who need credit to just make it through the day.

2009's House of Pain: Consumer Loans and Credit Card Debt

To that end, I have perfect credit and many of my credit cards have either no balance, or a low balance. There are a couple that have high balances on them but that's because I use them for work or health care in an effort to simplify my taxes. Without exception, each card has sent me a letter saying that they are lowering my credit limit and in two cases, they closed my credit cards for no reason. I'm sure I'm not alone in this but in an effort to protect themselves from credit card defaults they are, in effect, shooting themselves in the foot. Why? Because if they lower my limit then that means that I'll have to spend more cash for things I need. More cash spent means less cash to pay my bills. In addition it means that I will opt to buy less thereby causing the recession to deepen and we all know where that will end up. My wife has been sick for the last five years and, while I have health insurance, they certainly don't pay for everything she needs. Do you really think I'm going to let her do without? If this means having to pay cash for her medicine and health care and neglect my credit card bills, then so be it.

Are We There Yet? Not Even Close.

Loved your article--I think your sense of humor is first rate. However, I disagree with you on one thing--it's not red or black; it's red or blue. Looks like you took the red pill a while ago and woke up! Well Neo, what's next?

Why Don't Earnings Matter Anymore?

I have a new theory: What should go up, goes down!

RBC Analysts Expect Potash Corp. Stock to Double

I like this article, but what I like better are the posts--for once. Normally I cringe when I feel I have to read the posts to articles on Seeking Alpha but not this time. I think we all bought the same stock on the same day at the same time! I also bought it at $204 (so much for my technical analysis!) but had to sell. Now I'm nervously waiting with the rest of you to see if it will bottom out and continue up from there. Before I bought POT I used to enviously watch as it climbed daily up the charts--until I bought it that is! (I think I'm going to start an invest service whereby people will pay me to NOT invest in their stocks :) Good luck to all of us.

What's in Store for the Fertilizer Industry?

David, Thanks so much for your reply and all the effort (and wisdom) that you put into it! I see that POT went up a bit from its lows today, what are your thoughts on that--buy now or wait?

What's in Store for the Fertilizer Industry?

David, I'm with you. Does anyone know what the support/resistance numbers are for POT? I had to sell my shares today because I've just lost too much money and I have a feeling that we're no where near the bottom yet. Thanks for a great article.

Why Apple Stock Is Poised To Go Flat - At Best

First of all, thanks for this article and for making me feel better about dumping my Apple stock a while back. I don't know if you are 100% correct, but even if you're only 50% right it will keep Apple's stock down significantly.

Second, I think Mr. Verke asked for comments, not vitriolic attacks.

Federated Investors: A Renewed Hope

Steve, Thanks for the article. I have a question about the dividend. I've owned FII for a while but was thinking about selling it. When they say that I must be on record as a shareholder as of Sept. 9, does that mean I have to hold it until then? Also, does that mean I can sell it on the 9th or do I have to wait until the 10th? (Can you tell I'm anxious to get rid of it??) In your experience, is there usually a selling stampede the day after the dividend date? Thanks for your help and guidance on this.

Time To Gradually Reaccumulate Energy Stocks - And Gold

Thanks for a great article. I have one question. When you say to check out the terms of the convertible bonds, what exactly do you mean? Yes, as you can tell, I'm new at this so thanks for your help and guidance.

What's Changed on the Seeking Alpha Website?

David, I know you're going to hate this, but I kinda liked the old way better. Couldn't you find a way to incorporate both designs?

16 Stocks That Are Paying My College Tuition

By the way, does anyone know what's up with K Tron (KTII) today? Do you think its rally will continue or should I wait? Thanks all.

16 Stocks That Are Paying My College Tuition

Robert, Thanks so much for taking the time to give me that link.

16 Stocks That Are Paying My College Tuition

Thanks Glen. I know it's a lot to ask, but could you give us some entry points on these stocks? (yeah, I know, I'm lazy!)

RBC Defends Potash Corp.'s Valuation: $200 POT?

I'm with you guys! Yesterday I watched the selloff which happened so quickly that you couldn't even get a trade in and at one point hit $175 in a matter of seconds. This happened twice yesterday, one plunge right after the other and then came back up $30 to "stabilize" for the rest of the afternoon--oddly enough, just about where we are this morning. Someone or something was manipulating the markets.