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  • Holy Smoke - My Favorite Idea That Everyone Knows But Doesn't Understand [View article]
    "What if, what if, what if?????"

    I have a tin foil hat for those possibilities.....
    Apr 26, 2015. 01:18 AM | Likes Like |Link to Comment
  • Holy Smoke - My Favorite Idea That Everyone Knows But Doesn't Understand [View article]
    "It's not like in Australia where guns were banned and the murder rate went down."



    "This paper takes a closer look at the effects
    of the NFA (Australia’s 1996–1997 National Firearms
    Agreement) on gun deaths. Using a battery of
    structural break tests, there is little evidence to
    suggest that it had any significant effects on
    firearm homicides and suicides. In addition,
    there also does not appear to be any substitution
    effects—that reduced access to firearms
    may have led those bent on committing homicide
    or suicide to use alternative methods."
    Apr 26, 2015. 01:00 AM | Likes Like |Link to Comment
  • Holy Smoke - My Favorite Idea That Everyone Knows But Doesn't Understand [View article]
    "I have already confessed to a Dr. Pepper 'addiction'."

    My grandson appreciates that, as he owns and DRiPs DPS:

    His grandpa is a proud owner of PM and if you look at my pic, an avid cigar smoker.

    BTW, thanks for the read.
    Apr 26, 2015. 12:47 AM | 2 Likes Like |Link to Comment
  • Coca-Cola: Strong Company, Weak Earnings - Is It Time To Re-Fill Your Portfolio? [View article]
    Share buybacks are slight of hand tricks performed by three piece suit con men. I have yet to see my account balances benefit from any share buy back programs. Most repurchased shares are handed out to management, thus the share count seldom is effected.
    Apr 25, 2015. 01:18 AM | 1 Like Like |Link to Comment
  • Kellogg declares $0.49 dividend [View news story]
    Roooooaaaarrrrr! (my best Tony the Tiger impersonation)....
    Apr 25, 2015. 01:03 AM | 1 Like Like |Link to Comment
  • Kinder Morgan: Have You Missed The Boat? [View article]
    Insiders (and us riff-raff) sell for a variety of reasons. We buy for one.
    Apr 25, 2015. 12:33 AM | Likes Like |Link to Comment
  • Boeing - Look For Further Gains In 2015 [View article]
    I'll be happy if the stock price eventually stabilizes around $150. What will make me ecstatic, would be a 10% dividend hike announcement in December!
    Apr 24, 2015. 11:12 AM | 1 Like Like |Link to Comment
  • United Airlines swaps 10 Boeing Dreamliners for 777-300ER jets [View news story]
    "I guess your last paragraph should read "United" rather than "Boeing", unless I misunderstood you?"

    I also believe he meant 'United'.

    Airlines are run by two entities: Marketing and Accounting. Swapping from one aircraft design to another might be a win-win for both groups.

    All I can say is the 787 is a beautiful airplane, and the 777-300ER is one BIG airplane.
    Apr 23, 2015. 01:33 PM | Likes Like |Link to Comment
  • Time To Take A Long Play On General Electric [View article]
    Here's my short long play: Sell calls against your position with the hopes of getting assigned.

    I'm 65 and may not have enough tension in my clock spring to see this dog hunt again. I had hoped the dividend would return to the pre-cut level of $.31 quicker. Freezing the dividend for the next six quarters, is 'dead man walking' to me. I have a nice cap gain, and I'll deploy the proceeds to another stock in a company that appreciates small shareholders and actually RETURNS cash to them in the form of increasing dividends.

    However, I will continue to invest and DRiP GE in my grandson's account until he reaches 100 shares (he's already at 61). He's only 4 years old, and there's hope the management will get shaken up. And GE will become a shareholder friendly company before he is old enough to sell the stock and spend the proceeds on fast cars and pretty girls.
    Apr 23, 2015. 01:14 PM | 2 Likes Like |Link to Comment
  • I Am Holding My General Electric Shares And Intend To Add To The Position [View article]
    "can you please tell me why you do not like GE?"

    Like the company. Hate the board and management, who treat small shareholders like tripe.
    Apr 20, 2015. 09:10 PM | 1 Like Like |Link to Comment
  • General Electric: Fool Me Once, Shame On You; Fool Me Twice, Shame On Me [View article]
    I hold GE in my taxable account. I've bought/sold, and bought again the position. And I have a tidy cap gain and high YOC. So I've been content to hold it, rather than pay the taxman. But: I bought the stock looking for an increasing dividend. Has it increased? Yes. Has it returned to pre-crisis level? No.

    These latest shenanigans by the BOD, have put the stock on death row in my account. The BOD acts like both the French aristocracy in the 18th century (Immelt even looks a bit like Marie Antoinette...). Does the phrase: 'Let them eat cake' ring a bell?? And Leona Helmsley: 'only the little people pay taxes...' The present management cares little about the small shareholder. I fully expect them to propose a reverse split in the future, while they keep the dividend frozen.

    "While I am currently long GE shares, I have written covered calls as a method to start closing out my position in GE."

    I will be joining you next week. However, I will continue to add and DRiP GE in my grandson's account. He's only 4, and hopefully the management will have been ousted by the time he turns 18.

    And, for the record, I proxy voted AGAINST all board members.
    Apr 18, 2015. 07:04 AM | 5 Likes Like |Link to Comment
  • Barron's Is Wrong, The 'New' GE Is A Long-Term Buy Here [View article]
    My comment: "Buying shares back means nothing if those shares are doled out to the executives and board members as bonuses and compensation", was a general comment on share buybacks, not specific to this GE event, or any other corporation.

    And I too, would be hitting the door if GE approved that large a compensation plan.

    (For the record, I voted against all the GE board members.)
    Apr 13, 2015. 08:36 PM | 1 Like Like |Link to Comment
  • Barron's Is Wrong, The 'New' GE Is A Long-Term Buy Here [View article]
    Personally, I would have rather seen a one time special dividend, than a share buy back. Buying shares back means nothing if those shares are doled out to the executives and board members as bonuses and compensation.

    Those who took profits above $28 on Friday did well. I'm holding in my account and continuing to add/DRiP in my grandson's.
    Apr 13, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • A Single Mother's Income - Dividend Growth Investing [View article]
    Check out my Grandson Project:

    One (of many) low cost ways to invest for a minor.
    Apr 9, 2015. 10:45 AM | 1 Like Like |Link to Comment
  • The Ultimate High-Yield Bond Portfolio [View article]
    "I see wages increasing from the bottom-up this year..."

    Well that's good news for me, since I haven't had a pay raise since January 2009....

    However: The entities that contract the company I work for, have all cut employees. Replacing them (figuratively, as most, felt compelled to remain for economic, family, or other reasons) with contract employees. At a 20%-30% wage cut.

    Rant on:
    Government and academia economists, need to go out into this 'fabulous' job market, fill out a few hundred employment applications, sit through countless job interviews, and experience employer rejection. Then go home to their families, and figure out how they are going to pay their monthly bills after a 20% wage cut. That would make them better qualified to create/espouse economic policy.
    Rant off.

    BTW: I have 20% of my 'total portfolio' invested in income producing CEF's. So I agree with your concept.
    Mar 31, 2015. 09:04 AM | 1 Like Like |Link to Comment