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Frank101

Frank101
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  • Yield-starved investors are piling into frontier-market debt, allowing small countries with no capital markets track record to raise cash at rock-bottom rates. Case in point: At 5.2%, General Electric's (GE) 10-year bonds yield 58 bps more than Paraguay's, and only 142 bps less than Rwanda's. [View news story]
    If you are a short-term investor, you probably should stay away from GE.
    I've been investing in GE for several years and every time the stock has tanked, I've picked up more shares at bargain prices. The yield on my actual invested dollars is currently about 5.5%. and the value of my stock is up over 20%. All the while, I've been picking up extra cash selling GE Calls. I'm not complaining.
    May 26 06:11 PM | 3 Likes Like |Link to Comment
  • With companies looking to avoid paying taxes on their profits, 83 of the largest firms kept $1.46T overseas in 2012, up 14.4% from the previous year, Bloomberg calculates. GE (GE) again had the most with $108B held offshore, up from $102B in 2011; Pfizer was second with $73B, after which came Microsoft (MSFT), Merck (MRK), Johnson & Johnson (JNJ) and IBM (IBM). [View news story]
    I'm a bit confused about the $108B kept overseas in 2012. I'm pretty certain GE didn't make $108B in profits in 2012.
    Mar 10 10:42 AM | Likes Like |Link to Comment
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