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kimboslice

kimboslice
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  • Retirees, Don't Count On Stocks To Deliver From Here [View article]
    A retiree can be a person in his 50's up to 90's (my father).
    Some stock ownership is a good idea in the early retirement stage because of inflation decreasing your earning power=you run out of money. However, income is the goal of most retirees.
    As you are older, stock ownership has less importance.
    Income can be produced by: income funds=bond funds, equity income funds=dividend paying stocks, so-called "payout funds"=balanced funds e.g. Vanguard.
    Taxes are the fly in the ointment since making a change (sell a fund) when I am retired in non-retirement accounts will trigger capital gains taxes.
    Since our taxes are so high, making prudent changes is often hindered and then you may instead have to systematically liquidate shares of a fund you've owned for a long time.
    The Roth IRA is the best for flexibility but many older people don't have them.
    My new money goes into Vanguard Dividend Growth in a Roth IRA.
    Sep 30 10:43 AM | 1 Like Like |Link to Comment
  • Why Index Fund Portfolios Win [View article]
    I think indexing works but as everyone should know, read the prospectus and see if your goal is the same as the objective of the fund.

    Not all people want capital appreciation. My 93 year old father is more suited to Vanguard Wellsley Income Fund than Total stock market index fund for example. He may want different types of bond funds and managed ones might be a good idea.

    If you are an average aged investor the tax efficiency of Index funds also makes them great if you have maxxed out your Roth IRA etc.

    If I found a suitcase with cash on a beach I would buy Vanguard Tax managed Balanced fund and forget it.
    Sep 28 09:50 AM | Likes Like |Link to Comment
  • Major Stock Market Selloff Looms As The Fed's QE3 Ends [View article]
    There is always a danger of a market sell off. Waiting for the next one means you stand on the sidelines and miss out on stock dividends. Why do that?

    USA GDP has been 2% for years and so the Fed sees no need to raise interest rates. Of course, as the Fed stops buying US debt, the market will still buy it, since worldwide instability means US debt is attractive.

    I'll sell my stocks when I need to pay my bills and I have no money, otherwise I'm going to collect dividends and capital gains as they come.
    Sep 27 10:32 PM | 3 Likes Like |Link to Comment
  • Let's Talk About The Nifty Fifty And Dividend Growth Investing [View article]
    Vanguard dividend growth may be useful.
    Sep 26 12:07 AM | 1 Like Like |Link to Comment
  • CVS Will Lose Billions In Revenue Having No Smokes For Sale [View article]
    Matt above must have been to Santa Cruz, CA CVS. That place is homeless central and unfortunately CVS will continue to sell booze.
    Sep 24 09:07 PM | 2 Likes Like |Link to Comment
  • I Am A Dividend Growth Investor. I Want Dividends, Growth, And Dividend Growth [View article]
    At the author's age, you need capital appreciation. So, if you get dividends, you should have them reinvested. Much of your stock investments should be in funds that say capital appreciation is the primary objective. T.Rowe Price, Vanguard, Dodge&Cox, etc. funds.

    When you are older, you need income from your capital which can be dividends, interest, capital gains, rents, "payout funds" (e.g. Vanguard) etc.

    Those friends of friends who invested in condos will have a surprise. The HOA fees never go away, never go down, and finding a buyer for them someday will be tough.
    Sep 24 09:09 AM | 1 Like Like |Link to Comment
  • Retired Investors: Learn The Success Secret Of All Great Value Investors: Part 2 [View article]
    I enjoyed the article.

    To extend the house metaphor, how about if you rented it out? It would matter little how much the house was "worth" from month to month, as long as the rent was paid.
    Sep 23 08:19 PM | 1 Like Like |Link to Comment
  • What Facebook, Herbalife And The Plague Have In Common [View article]
    I got a Facebook for my friend's dog and I'm darn sure he never looks at the ads.

    Apple might come up with something to ruin Facebook probably. It'll have no ads but you'll pay a few bucks for it.

    I'm not a Zuckerberg fanboy either.
    Sep 21 09:42 AM | 1 Like Like |Link to Comment
  • The Fed: There Is No Bubble, There Is No Timeline, There Is No Exit Strategy [View article]
    For those who don't remember, the real purpose of the Federal Reserve is to raise interest rates to throw cold water on the economy to slow inflation down.

    Paul Volker did that when he ran the Fed because inflation was high then. Wage inflation was high in particular.

    The USA GDP has been growing an anemic 2% since 2009 and this will not change for the foreseeable future. Why not?

    Because low interest in themselves don't produce real economic growth. Growth comes from higher production and innovations that increase productivity. Yet, politicians adding new regulations, higher taxes and attacking small business in general are getting the slow growth they seem to be asking for.

    Also, if the likes of Zuckerberg and Gates keep trying to import labor, wage inflation will never happen.

    So, there is no reason for the Federal Reserve to raise interest rates because the present situation doesn't call for it.
    Sep 18 09:07 AM | 5 Likes Like |Link to Comment
  • Tesla Is Not All Glitter And Glamour [View article]
    Tesla is a welfare scheme disguised as a car company, but that's the least of the problems.

    Battery power is a lousyway to move cars around. The 1901 Columbia made in Hartford had the same range as the Nissan Leaf; that's battery progress for you.

    The premise that people like battery cars is false. Any hybrid is more practical and popular.

    Tesla may corner the market for extremely wealthy idealists who wish everyone would own an electric car. But these cars are unpopular outside of California where the climate makes them less of a problem to own.

    Imagine you are in Texas in August with the AC on full blast, what's your range now? Batteries lose range in heat or cold, another problem with battery power.

    You're better off with a new natural gas car, e.g. Honda Civic.
    Sep 13 03:41 PM | 2 Likes Like |Link to Comment
  • Why Amazon Has No Profits (And Why It Works) [View article]
    Amazon is a joke, but lots of people have believed in "hope and change" and it's going to continue for a bit then poof.

    Tesla is in the same category but they don't even have revenues hardly. So was AOL once upon a time.

    Walmart's website works fine and so does Ebay. Ebay and Walmart make money at it, while Amazon doesn't.

    Bezos is also a bit crazy but some people also may like that too.
    Sep 6 04:57 PM | Likes Like |Link to Comment
  • Celebrating Apple's New All-Time Highs With 4 Reasons For Caution [View article]
    But when will they allow interest rates to rise?
    Aug 31 03:05 PM | Likes Like |Link to Comment
  • Tesla: $421 Or $36? Pick Your Scenario [View article]
    Tesla is a welfare case disguised as a car company.

    No one likes an all electric car. Volt and hybrids are more popular and practical.

    Tesla's are sold principally in California, the climate is kind to batteries there.

    Hope and dreams is not a viable investment strategy. Someone will be left holding the bag when Tesla goes the way of AOL and other "great stocks".
    Aug 28 03:31 PM | 2 Likes Like |Link to Comment
  • Tesla: $421 Or $36? Pick Your Scenario [View article]
    Your Volt is nothing like Tesla, you have an engine to power the battery temperature management and also extend the car's range.
    Aug 28 03:29 PM | Likes Like |Link to Comment
  • Apple Set For Strong Sales Of iPhone 6 In Just A Few Weeks - But Is It Too Little, Too Late? [View article]
    The unrest around the world is poverty affecting young men who are full of testosterone and no way to make a living.

    There is enough natural gas under our feet to run all our trucks, cars, and buses for 200 years.

    We can stop sending $500 billion to despots and our enemies and keep it all here. Let the Europeans deal with them.
    Aug 28 10:33 AM | 4 Likes Like |Link to Comment
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