Dividend Growth And Me, An Anniversary Story [View article]
Love your articles.
"I learned the hard way that it's silly to quibble over nickels -- or even a percent or two -- for companies I plan to hold for years."
"You set a limit order but the market is sinking and you think, "Hmmm, I can get it even cheaper." So you adjust the order down a buck or two. Shortly after reaching your original price, the company you wanted stops retreating and then starts advancing. And your chance to get a good company at a good price is gone."
It's the internal struggle most of us fight. Human nature, being what it is, we all want to sell at the top and buy at the bottom.
How Investing For The Long Term Helps Reduce Market Risk [View article]
"...he will be going into Air Traffic Control"
I'm a retired ATC. Retired at 55 because the FAA was going to toss me aside at 56 (mandatory retirement). My daughter followed me into the field in 2008. She now works in the Houston area and has become a regular Texan.
I loved the work, but at times really hated the job. If ya get my drift...
The Chained CPI - How Big Of A Difference Does It Make? [View article]
"There is no way that taking SS early pencils out unless the beneficiary has cause to believe they will not live long. Or, unless the beneficial really, really needs the cash at age 62 or full retirement age."
The Gubment might not be the smartest guy in the room when it comes to spending and budgets, but they remarkably, have good actuaries.
As you stated, you should not have started taking your benefit while you were still working. The TaxMan will always get their pound of flesh.
Everyone's financial situation is different. And many of them are unique. Pensions, IRA's, 401k's, savings, etc. all have bearing as to when the best time to start distribution is. In my case, I will start taking my benefit at 66 (full retirement age for me). However, my wife will not take her's until age 70 (or when I die if that happens before her 70th birthday.
But back to the article: Chained CPI is not something, IMHO, that any seniors or near-seniors should be supporting.
The Chained CPI - How Big Of A Difference Does It Make? [View article]
Yeah, I've already crunched those numbers. I'm not waiting until 70. The only reason I'm not collecting now, is I am still working and earn over the limit.
The Chained CPI - How Big Of A Difference Does It Make? [View article]
Ya know.... I knew I was getting old (I'm 62). I just never imagined that I had entered into the 'elderly' classification. Elderly doesn't start until somewhere in the mid to latter part of 80, IMHO.
In fact, I don't consider myself a journeyman senior citizen, being that my full social security benefit isn't until I turn 66. I consider myself an apprentice.
Yeah. More secrecy about who the customer is: "For commercial purposes and due to confidentiality provisions in the agreement, additional terms of the contract and the identity of the Customer are to remain confidential at this time."
The only real guarantee appears to be: "The Customer will pay Unilife approximately $3 million over a 12 to 24-month period for the customization and supply of prefilled EZMix devices for scheduled activities including human clinical drug trials and compatibility testing. Unilife will receive an additional $3 million from the Customer to fund the production scale-up of high-volume assembly equipment to manufacture the customized device at commercial volumes."
Still wouldn't re-establish a position. I no longer trust management, regardless of how many shares they own.
You're being invited to hand over your belongings and jump off the bridge. The company's promise is that there will be sufficient water for you to land in.
When I sold my 1000 shares on 3/25/13, it took 10 separate trades to get rid of them at $2.25 (thankfully, I only had to pay one $7 commish). I bought it on 06/30/11 at $4.71. Secondary offering have killed the price of this stock. And I would bet there is another looming on the horizon.
Even at the current level (closed 4/06 @ $2.06), I wouldn't consider getting back in.
Airline stocks (FAA) take a turn lower after Delta Air Lines (DAL -6.7%) issues a disappointing report on March traffic. The carrier blamed the sequester and some temporary tech issues for a loss in late bookings, but investors don't seem to buying the excuses. As the first carrier to report March numbers, what Delta says carries some weight. Decliners: LCC -5.3%, ALK -4.6%, UAL -4.4%, LUV -3.7%, JBLU -3.2%, ALGT -1.7%. [View news story]
Obviously the author has never tried to buy a ticket on either DAL or any of the airlines. Most flights are overbooked. Prices skyrocket less than 30 days to departure. Trust me, I work at a major midwest airport, there are no shortages of passengers on most flights. Or places to park (even at $10+ a day) near the terminals. I would conjecture that the DAL numbers are based upon 'expectations', not on loads.
Airlines make a boat load of money (Profits) on fees. Look at the fee structure for Spirit. Every airline has 'extra' fees to make their profits.
The real issue is the airline management mentality. They all want to be the 'last man standing'. Even if they operate at paper losses for years.
Bottom line: Air travel is like the diamond trade. Controlled by a few, and sanctioned by the governments.
Approaching Retirement: Things To Consider Concerning Social Security [View instapost]
Not true.
Guaranteed Retirement Accounts: Good Idea Or Not? [View instapost]
Talking points created by the same people that claimed Benghazi was just a civil demonstration.....
Guaranteed Retirement Accounts: Good Idea Or Not? [View instapost]
Dividend Growth And Me, An Anniversary Story [View article]
Dividend Growth And Me, An Anniversary Story [View article]
"I learned the hard way that it's silly to quibble over nickels -- or even a percent or two -- for companies I plan to hold for years."
"You set a limit order but the market is sinking and you think, "Hmmm, I can get it even cheaper." So you adjust the order down a buck or two. Shortly after reaching your original price, the company you wanted stops retreating and then starts advancing. And your chance to get a good company at a good price is gone."
It's the internal struggle most of us fight. Human nature, being what it is, we all want to sell at the top and buy at the bottom.
How Investing For The Long Term Helps Reduce Market Risk [View article]
I'm a retired ATC. Retired at 55 because the FAA was going to toss me aside at 56 (mandatory retirement). My daughter followed me into the field in 2008. She now works in the Houston area and has become a regular Texan.
I loved the work, but at times really hated the job. If ya get my drift...
The Chained CPI - How Big Of A Difference Does It Make? [View article]
The Gubment might not be the smartest guy in the room when it comes to spending and budgets, but they remarkably, have good actuaries.
As you stated, you should not have started taking your benefit while you were still working. The TaxMan will always get their pound of flesh.
Everyone's financial situation is different. And many of them are unique. Pensions, IRA's, 401k's, savings, etc. all have bearing as to when the best time to start distribution is. In my case, I will start taking my benefit at 66 (full retirement age for me). However, my wife will not take her's until age 70 (or when I die if that happens before her 70th birthday.
But back to the article: Chained CPI is not something, IMHO, that any seniors or near-seniors should be supporting.
Unless your Warren Buffett....
PIMCO's Dynamic Income Fund Is A Buy [View article]
The Chained CPI - How Big Of A Difference Does It Make? [View article]
The Chained CPI - How Big Of A Difference Does It Make? [View article]
The Chained CPI - How Big Of A Difference Does It Make? [View article]
In fact, I don't consider myself a journeyman senior citizen, being that my full social security benefit isn't until I turn 66. I consider myself an apprentice.
Take A Look At Unilife Corporation [View article]
Take A Look At Unilife Corporation [View article]
The only real guarantee appears to be:
"The Customer will pay Unilife approximately $3 million over a 12 to 24-month period for the customization and supply of prefilled EZMix devices for scheduled activities including human clinical drug trials and compatibility testing. Unilife will receive an additional $3 million from the Customer to fund the production scale-up of high-volume assembly equipment to manufacture the customized device at commercial volumes."
Still wouldn't re-establish a position. I no longer trust management, regardless of how many shares they own.
Take A Look At Unilife Corporation [View article]
When I sold my 1000 shares on 3/25/13, it took 10 separate trades to get rid of them at $2.25 (thankfully, I only had to pay one $7 commish). I bought it on 06/30/11 at $4.71. Secondary offering have killed the price of this stock. And I would bet there is another looming on the horizon.
Even at the current level (closed 4/06 @ $2.06), I wouldn't consider getting back in.
Airline stocks (FAA) take a turn lower after Delta Air Lines (DAL -6.7%) issues a disappointing report on March traffic. The carrier blamed the sequester and some temporary tech issues for a loss in late bookings, but investors don't seem to buying the excuses. As the first carrier to report March numbers, what Delta says carries some weight. Decliners: LCC -5.3%, ALK -4.6%, UAL -4.4%, LUV -3.7%, JBLU -3.2%, ALGT -1.7%. [View news story]
Airlines make a boat load of money (Profits) on fees. Look at the fee structure for Spirit. Every airline has 'extra' fees to make their profits.
The real issue is the airline management mentality. They all want to be the 'last man standing'. Even if they operate at paper losses for years.
Bottom line: Air travel is like the diamond trade. Controlled by a few, and sanctioned by the governments.