Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
That was only last year, for cripe's sake. What do you consider "a long time ago"? I have to give them some time to do something positive with those "improving fundamentals", don't I? If they do, I don't sell. If not, out they go!
Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
I may not be from Missouri, but you have to show me the improvement, not just a lot of letters and numbers on a blog site! Anyone can tout a stock using hypothetical future situations and results. If wishes (or promises) were horses, even beggars would ride!
What Will $2 Million Get You In Retirement? [View article]
B&H - You wrote: "A 2 million dollar portfolio of high quality dividend paying stocks should produce dividends of between $40,000 and $80,000 a year." That only works out to a 2% to 4% yield. If you can't do better than that with 2mm, you aren't really trying! I AVERAGE 10% on my 2mm portfolio!
What Will $2 Million Get You In Retirement? [View article]
The problem with Roth conversions is that every penny that you convert is considered current income and is taxed at your current marginal tax rate, just as if you had sold some liquid asset. If this pushes you into another tax bracket, tough bounce! For example, if you have a current annual income of $80,000 and convert $120,000 of a traditional IRA into a Roth, you pay taxes on the entire $200,000 of income that year.
Likewise, a person earning $120,000 annually who converts $200,000 of a traditional IRA into a Roth, pays taxes that year based on an income of $320,000. Pretty steep decline in the amount remaining of the converted $200,000, AND your regular income which got carried into this situation along with the conversion.
Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
Is this the same ERF that I bought about a year ago at $23.66 and is now selling for about $15.00????? They cut their dividend and their price tanked correspondingly. And now you claim they have good prospects!!!!!
I will believe that when they start making a profit and resume their prior dividend! I have an unrealized LOSS of 36.5% on them. They are just on the edge of being cut from my portfolio, unless they make some MAJOR strides forward SOON! Short of that, I may sell them near year-end to balance some of my capital GAINS on other stocks
What Will $2 Million Get You In Retirement? [View article]
On the other hand, I think that bg is spot on with his posting. I am extremely fearful of the direction the Socialists are taking this country! In fact, I'm almost glad to be age 82 so that I will probably not live to see the debacle that it will become if the current direction of "Big Government, Small Public" is carried much further!
BTW, I do have about $2,000,000 in liquid assets and receive about 10% across the board on that portfolio of Medium Risk, High Yield (MRHY) stocks. I don't anticipate outliving my income UNLESS the above metioned situation becomes a reality sooner than I expect.
Chimera Investment (CIM) names Robert Colligan as CFO to replace A. Alexandra Denehan who is resigning but staying on as the company's principal financial and accounting officer. Colligan was previously Controller at Starwood Capital. Investors, of course, continue to await Chimera's quarterly reports from 2012 Q1 on, and the 2012 annual report. (PR) [View news story]
So they brought someone in new as CFO and demoted the previous CFO. Maybe, with new leadership, they can get their quarterly and annual reports up-to-date. That has been one of the main questions in investor's minds about CIM and probably one cause of their low stock price. I sure HOPE so! I have stayed with them through thick and thin because I think their business plan is good. Just poor execution on the legislative reporting side?
The Portnoys do it again. After Hospitality Properties Trust (HPT) director Bill Lamkin fails to win enough votes to stay on and resigns, the board immediately reappoints him, calling his defeat a result of CalPERS' activism. HPT is managed by Portnoy-controlled Reit Management & Research, the operator of CommonWealth REIT (CWH). Yesterday: Tragicomedy at CommonWealth. [View news story]
Like playing poker with a stacked deck! Heads they win, tails the stockholders lose!
I used to own some HPT but sold it years ago. This kind of shenanigans reaffirms my sell decision.
Are You Holding Overvalued Stocks And Wondering If It's Time To Sell? [View article]
bsorge - I tend to agree with you UNLESS the reason for the split/spin-off is for the parent company to divest itself of an unprofitable sideline that it stupidly got itself into. Two companies that did that (and which I eventually sold) were SO and VZ. The spin-offs were some of the worst dross that you can imagine and quickly went from bad to worse.
I have very little respect or desire to own either SO or VZ (or any of their products) after those debacles. They are at the head of my "Do not Buy" list. There are others I could name that operated in a similar manner (such as the GM/Delphi split) , but those 2 were the worst. Companies like that do no favors for investors and alienate potential customers.
How 'Old Money' Can Build Wealth For The Average Person [View article]
conkjc - And that is the difference between the two of us. I AM in my 80s and, while not rolling in dough, I have a very nice income with which I can do just about anything that I want, such as pay cash for a new car, take a vacation when I feel that I need one, and keep my girlfriend well supplied with cash.
I just ran a 6% mortality discount projection on my total assets. I find that I could probably afford to spend over 30K per MONTH from now until I check out of this world, IF I wanted to leave the cupboards bare for my kids. I don't, and I won't, and I firmly believe that MRHY stocks at 10% average yield will solve any problems that might arise.
How 'Old Money' Can Build Wealth For The Average Person [View article]
RWM, that was mainly a "tongue in cheek" answer to conkjc who apparently has "boatloads of cash" coming in frequently from his investments in XOM, CVX and other "boring" companies in which he invests. I don't have any "boatloads of cash" coming in, but my portfolio yields about 150K annually due to the mostly 10% dividend yields of my selected stocks.
And to Coffee, my portfolio was down to only $277,944 when I started seriously investing, in primarily BDCs, REITs, and MLPs. And I do have about 50K in other income, so I can take a few chances with the medium risk, high yield stocks (MRHY) that have fueled most of my portfolio growth
How 'Old Money' Can Build Wealth For The Average Person [View article]
conkjc - Sorry, at age 82, I don't have a hundred years or so to collect, reinvest, and compound dividends from XOM, CVX, or any other company. If anyone here does, PLEASE send me your secret! I'll pay you well for it!!!!!! In the meantime, I have to make the most possible out of my measly $2,000,000 portfolio.
How 'Old Money' Can Build Wealth For The Average Person [View article]
And I respectfully disagree with this entire article and the currently posted comments. I would much prefer to invest in dynamic, innovative, newer companies through investments in BDCs and REITs. Especially since these types of investments pay me anywhere from about 8% dividends up to 15% or so. Stodgy old companies without any far reaching vision go nowhere and give me nothing worthwhile except miniscule dividends, some of which don't even keep up with inflation.
I LIKE the ideas of loaning money and technical espertise to the newer companies in which the BDCs and REITs invest. The owner-managers of those newer companies have to "bust their butts" to make and keep their niche operations going and prospering. When they prosper, I do also as an outside investor! That is what Capitalism is all about. Investing time and energy and money for the future of yourself and society!
Forget About American Capital, Annaly Capital Is Still The Best Of Breed [View article]
RS, I totally agree with you! I have been quizzical about AGNC ever since I started investing in REITs, just as I am always a bit hesitant to invest in any company that pays a dividend over 15%. I much prefer NLY, even with the slightly smaller yield. My risk tolerance may be higher than most, but it just doesn't go THAT high.
Yes, AGNC has been paying a great yield for the past 3 years or so, but I can't get past the feeling that it is liable to go "FLUMP" in the near future. Maybe not "belly up", but a severe DROP in value!
Just my personal feelings and apparently yours also! BTW, I own 3,000 of NLY and have never owned any of AGNC.
Is Dividend Growth Inertia Dead At Medley Capital? [View article]
So you are only marginally happy with a medium risk, high yield (MRHY) equity paying a dividend of 9.46%? I know many investors who would be enthusiastic about that yield! It is well within the range at which I invest (6% to 15%), and I have more dividend income than I can comfortably spend, while my portfolio continues to increase at a very attractive rate, mostly in the same stocks as you, plus 20 or 30 other BDCs and REITs!
Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
What Will $2 Million Get You In Retirement? [View article]
What Will $2 Million Get You In Retirement? [View article]
Likewise, a person earning $120,000 annually who converts $200,000 of a traditional IRA into a Roth, pays taxes that year based on an income of $320,000. Pretty steep decline in the amount remaining of the converted $200,000, AND your regular income which got carried into this situation along with the conversion.
Will Higher Natural Gas Prices Boost Enerplus Corp.? [View article]
I will believe that when they start making a profit and resume their prior dividend! I have an unrealized LOSS of 36.5% on them. They are just on the edge of being cut from my portfolio, unless they make some MAJOR strides forward SOON! Short of that, I may sell them near year-end to balance some of my capital GAINS on other stocks
What Will $2 Million Get You In Retirement? [View article]
BTW, I do have about $2,000,000 in liquid assets and receive about 10% across the board on that portfolio of Medium Risk, High Yield (MRHY) stocks. I don't anticipate outliving my income UNLESS the above metioned situation becomes a reality sooner than I expect.
Chimera Investment (CIM) names Robert Colligan as CFO to replace A. Alexandra Denehan who is resigning but staying on as the company's principal financial and accounting officer. Colligan was previously Controller at Starwood Capital. Investors, of course, continue to await Chimera's quarterly reports from 2012 Q1 on, and the 2012 annual report. (PR) [View news story]
The Portnoys do it again. After Hospitality Properties Trust (HPT) director Bill Lamkin fails to win enough votes to stay on and resigns, the board immediately reappoints him, calling his defeat a result of CalPERS' activism. HPT is managed by Portnoy-controlled Reit Management & Research, the operator of CommonWealth REIT (CWH). Yesterday: Tragicomedy at CommonWealth. [View news story]
I used to own some HPT but sold it years ago. This kind of shenanigans reaffirms my sell decision.
Are You Holding Overvalued Stocks And Wondering If It's Time To Sell? [View article]
I have very little respect or desire to own either SO or VZ (or any of their products) after those debacles. They are at the head of my "Do not Buy" list. There are others I could name that operated in a similar manner (such as the GM/Delphi split) , but those 2 were the worst. Companies like that do no favors for investors and alienate potential customers.
How 'Old Money' Can Build Wealth For The Average Person [View article]
I just ran a 6% mortality discount projection on my total assets. I find that I could probably afford to spend over 30K per MONTH from now until I check out of this world, IF I wanted to leave the cupboards bare for my kids. I don't, and I won't, and I firmly believe that MRHY stocks at 10% average yield will solve any problems that might arise.
How 'Old Money' Can Build Wealth For The Average Person [View article]
And to Coffee, my portfolio was down to only $277,944 when I started seriously investing, in primarily BDCs, REITs, and MLPs. And I do have about 50K in other income, so I can take a few chances with the medium risk, high yield stocks (MRHY) that have fueled most of my portfolio growth
How 'Old Money' Can Build Wealth For The Average Person [View article]
How 'Old Money' Can Build Wealth For The Average Person [View article]
I LIKE the ideas of loaning money and technical espertise to the newer companies in which the BDCs and REITs invest. The owner-managers of those newer companies have to "bust their butts" to make and keep their niche operations going and prospering. When they prosper, I do also as an outside investor! That is what Capitalism is all about. Investing time and energy and money for the future of yourself and society!
Forget About American Capital, Annaly Capital Is Still The Best Of Breed [View article]
Yes, AGNC has been paying a great yield for the past 3 years or so, but I can't get past the feeling that it is liable to go "FLUMP" in the near future. Maybe not "belly up", but a severe DROP in value!
Just my personal feelings and apparently yours also! BTW, I own 3,000 of NLY and have never owned any of AGNC.
Is Dividend Growth Inertia Dead At Medley Capital? [View article]