I'll more than happy to sell you my 1000 shares for $3. Considering I paid $4.71 for them almost two years ago, I'd be thrilled to walk away from this dog with 'only' a $1700 loss.
You need to get a bit deeper into your research. This company is bleeding cash. And their answer is to sell more shares. No value here.
Disclosure: I have a sell order waiting to be filled.
How To Fight Bernanke's War On Retirees [View article]
There is a difference between 'savings' and 'investing'. Savings, inherently, has no (or very limited) risk. Investing on the other hand, has risk that ranges from limited to unlimited.
Thanks Bob! Follow along and if you have any questions don't hesitate to ask!
I investigated Coverdell's and decided against it because our current income level would not allow 100% contribution. Instead I have opened a MESP (Michigan Education Savings Plan) 529 plan. I'm only contributing $100 a month at this time, because the investment options are very limited. I would rather have the flexibility of the Coverdell, but the MESP has better contribution limits, and does give me a tax credit on my MI tax return.
I had to adjust some of the monthly allotments last night, because the market has driven prices up quite a bit. I'm trying to faithfully follow item #6 on my blueprint, which is to make monthly purchases of (at least) one additional share.
After 5 Years Of Great Returns, Dr Pepper Snapple Is Set To Underperform Larger Rivals [View article]
Thanks. I've been contemplating writing an article on all the things I've learned in the process of setting up multiple DRIPs for him. Just can't get it all focused.
"But then again we must be on our guard, end of March might not yet be when the "magician" goes home."
Now you've got it figured out.
We're on autopilot. Been on autopilot for some time now. Unfortunately, it won't be a cliff we fall over, but a mountain we fly into, on the horizon...
After 5 Years Of Great Returns, Dr Pepper Snapple Is Set To Underperform Larger Rivals [View article]
Canada Dry/Schweppes/7UP/Squirt: Good for mixers. Vernors (also in DPS group and a Detroit original): The best ginger ale for Boston Coolers or when you're sick. And an occassional burbon...
DPS also has a no fee DRIP. Transfer agent is ComputerShare. When Berkshire/3G 'stole' HNZ from my grandson's DRIP portfolio, I immediately established a position for him in DPS.
Ya know.... I woke up this morning and the lights were on, the television worked, the car started, and people were crowding the freeway going to their jobs.
Rumors of the end of the world, to paraphrase Twain (and there's some doubt he even said it), has been greatly exagerated.
Disclosure: Short just about anything that has a decent premium.
The only way this deal doesn't get done, is if the market pushes the price significantly above the $72.50 bid. And I don't see that happening. 66% institutional ownership, I doubt if they'll hold out.
Unfortunate that it'll be going private, because I think 3G will be good for the global expansion of HNZ.
In the interim, my grandson's DRIP account just added DPS to the other eight holdings.
Oh, and I believe Berkshire will take out another established US company before the end of the year.
Frontier's 10% Dividend Yield Is Well Covered By Free Cash Flow [View article]
Like I posted: I owned it, rode it up above $8, then sold it. Only to buy it back, at $7.50. Then I rode it down to $5.10 before 'putting it down'. Took a $4,800 loss on it, but I learned (from holding GMR to the bottom) that no mortal being can make the dead rise.
Really, I wish everyone, the best of luck that continue to put money into this company.
Frontier's 10% Dividend Yield Is Well Covered By Free Cash Flow [View article]
"...if that happens this dog took a bite out of you."
Not really. But I'm primarily an income oriented investor.
I bought T in 2011, just as the T-Mobile deal was killed, at an average cost of $29.30. My current yield on cost is now 6.14%. And they raised the dividend in that period of time from $.43 to $.45.
Take A Look At Unilife Corporation [View article]
Take A Look At Unilife Corporation [View article]
You need to get a bit deeper into your research. This company is bleeding cash. And their answer is to sell more shares. No value here.
Disclosure: I have a sell order waiting to be filled.
How To Fight Bernanke's War On Retirees [View article]
The Grandson Project, Part II [View instapost]
I investigated Coverdell's and decided against it because our current income level would not allow 100% contribution. Instead I have opened a MESP (Michigan Education Savings Plan) 529 plan. I'm only contributing $100 a month at this time, because the investment options are very limited. I would rather have the flexibility of the Coverdell, but the MESP has better contribution limits, and does give me a tax credit on my MI tax return.
I had to adjust some of the monthly allotments last night, because the market has driven prices up quite a bit. I'm trying to faithfully follow item #6 on my blueprint, which is to make monthly purchases of (at least) one additional share.
Compound Dividend Reinvesting Plus Diversification Equals Secure Retirement [View article]
Dividend Champions For March 2013 [View article]
PS: Added DPS to my grandson's DRIP portfolio.
After 5 Years Of Great Returns, Dr Pepper Snapple Is Set To Underperform Larger Rivals [View article]
Sequester This [View article]
Now you've got it figured out.
We're on autopilot. Been on autopilot for some time now. Unfortunately, it won't be a cliff we fall over, but a mountain we fly into, on the horizon...
After 5 Years Of Great Returns, Dr Pepper Snapple Is Set To Underperform Larger Rivals [View article]
Vernors (also in DPS group and a Detroit original): The best ginger ale for Boston Coolers or when you're sick. And an occassional burbon...
DPS also has a no fee DRIP. Transfer agent is ComputerShare. When Berkshire/3G 'stole' HNZ from my grandson's DRIP portfolio, I immediately established a position for him in DPS.
Sequester This [View article]
Rumors of the end of the world, to paraphrase Twain (and there's some doubt he even said it), has been greatly exagerated.
Disclosure: Short just about anything that has a decent premium.
Will You Take On Mr. Buffett? [View article]
Problem is that BRK will continue consuming companies long after Warren departs (both figuratively and mortally).
I'll play along: How about 'Berksnare-proof' companies?
Will You Take On Mr. Buffett? [View article]
Unfortunate that it'll be going private, because I think 3G will be good for the global expansion of HNZ.
In the interim, my grandson's DRIP account just added DPS to the other eight holdings.
Oh, and I believe Berkshire will take out another established US company before the end of the year.
Frontier's 10% Dividend Yield Is Well Covered By Free Cash Flow [View article]
Really, I wish everyone, the best of luck that continue to put money into this company.
There are much better telecoms out there, IMHO.
Frontier's 10% Dividend Yield Is Well Covered By Free Cash Flow [View article]
Not really. But I'm primarily an income oriented investor.
I bought T in 2011, just as the T-Mobile deal was killed, at an average cost of $29.30. My current yield on cost is now 6.14%. And they raised the dividend in that period of time from $.43 to $.45.
I'll stick with T.
Frontier's 10% Dividend Yield Is Well Covered By Free Cash Flow [View article]
Nothing to see here, move on people.