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Alvin5007

Alvin5007
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  • Farmland Partners IPO Offers Investors Unique Opportunity To Own Farmland [View article]
    I love this idea but at what cost? I can't figure out what I'd be paying per acre of farmland if I bought this at $15/share, but probably a very high price. Also, the majority of IPOs will sell for less a few weeks or months after the initial offering. All-in-all this is not for me at this time.
    Apr 5 10:34 AM | Likes Like |Link to Comment
  • Realty Income A Bargain Once Again [View article]
    That's why it's volatile: Mom and Pop sell when they should buy and buy when they should sell. Personally, I can tolerate plenty of volatility as long as it is on the up side.
    Mar 31 05:55 PM | 2 Likes Like |Link to Comment
  • Do Not Become A Victim Of Fear In Your Dividend Investing [View article]
    I agree with your article in the case of KMI, KMP, KMR and in general that one should stick to a well thought out plan even when it is not doing well. However, one should also keep in mind the statement attributed to Keynes: "When the facts change, I change my mind. What do you do, sir?"

    The key is to know the facts.
    Mar 6 10:13 AM | 4 Likes Like |Link to Comment
  • CVS Caremark To Thrive In Evolving Healthcare Industry In U.S. [View article]
    Good article, thanks, but I wish you (and many other SA authors) would explain abbreviations used. I understand the PBM means pharmacy benefit management but what does PDP mean? Pharmacy Drug Preparation?
    Feb 28 01:05 PM | 1 Like Like |Link to Comment
  • Prospect Capital: This High-Yield Investment Is The Best In BDC, Part One [View article]
    I very much agree with the other comments on this comment. Whenever I hear someone advise buying a large number of names in a risky sector I remember all the great advice I heard back in the dot.com era to buy a "basket" of 8-10 because some might not do well and it was hard to tell which ones would fail. They all failed. BDC's may well have a place in a portfolio and I am considering PSEC for mine but they are high risk and for me will not exceed 1 or 2 % total. I can't possibly follow 8-10 of them and besides that would make each one too small a position to bother with.
    Feb 28 09:17 AM | 3 Likes Like |Link to Comment
  • It May Be Time To Sell Out Of High-Yielding AT&T [View article]
    I agree with stonewall. As a retired person (no pension, only my savings to live on) I need some income so I own some income stocks. Most likely the dividend at T is secure and will gradually rise. The stock price will probably also rise, but slowly, in fits of up and down. BBB- corporate bonds of 7 years duration are now only yielding around 4% so T beats them hands down. I own T instead of more bonds.
    Feb 14 02:13 PM | Likes Like |Link to Comment
  • You Must Know This If You Own An MLP [View article]
    The author states: "Without the inflow of new capital (either via new debt or new equity) most (if not all) MLPs would be unable to sustain existing distribution payouts." This is not correct. While it is true that MLPs nearly always need new capital to expand, many if not most MLPs can sustain their payouts without any new debt or new capital. Before investing in an MLP it is important to know what their ratio is of distribution to distributable cash flow. Even if the ratio is below one it can still be sustained for awhile but it is a warning sign.
    Feb 13 04:08 PM | 12 Likes Like |Link to Comment
  • U.S. Banking Stocks: Positioning For Increasing Interest Rates [View article]
    Interesting analysis, thanks. I would very much like to see this sort of work done on smaller, regional banks as I am not willing to trust these mega banks again any time soon.
    Jan 20 09:41 AM | Likes Like |Link to Comment
  • J.C. Penney: Behold A Pale Horse [View article]
    JCP really went down hill when they changed their age old policy of putting things on sale. "Yet I hold this against you: you have abandoned your first love"
    Jan 8 07:36 PM | 1 Like Like |Link to Comment
  • The 4% Rule Is More Complicated Than You Think [View article]
    E Nuff Sed brings up an important point. If the US moves to means testing for Social Security, as I believe it will, this will alter all of these calculations dramatically. The government may decide that if your income from your IRA, Roth, private pension, etc exceeds some level you will receive reduced or no Social Security. In that case it is better to draw down an IRA before the change is made and save the taxable account.
    Jan 7 08:19 AM | 1 Like Like |Link to Comment
  • 5 High-Yield Monthly Income Investments For 2014 [View article]
    Am I correct that many preferred stocks do not have a maturity; they are perpetual? I have tried to learn what "limited duration" means with regard to the LDP fund you mentioned but even at Cohen and Steers web site I cannot find it. Do you know?
    It seems to me that the high leverage and uncertain duration of LDP make this a very high risk investment. Also, they charge a pretty high fee, 1.39% .
    Dec 27 11:36 AM | 6 Likes Like |Link to Comment
  • Whom Should You Follow? [View article]
    The correct people to follow are those who disagree with your foundational beliefs and ways of doing things. That's why I've been following you. I will miss your opinions even though I do not often agree because you cause me to consider the other side.
    Dec 13 09:20 AM | 1 Like Like |Link to Comment
  • UMH Is Paving The Way With An Attractive 7.67% Dividend Yield [View article]
    From where do these investment gains come? If this is from their REIT portfolio it seems likely they won't have any over the last six months other than dividend payments. Are they paying their dividend out of profits from land sales? How long can they pay a dividend that is not covered by FFO? Where do they get the money to pay their dividend? Too bad the author of this article won't deal with this important question.
    Dec 12 10:09 AM | Likes Like |Link to Comment
  • UMH Is Paving The Way With An Attractive 7.67% Dividend Yield [View article]
    Brad, it looks to me that UMH FFO is less than their dividend payout and has been for nearly every year for a long time. Doesn't this raise a red flag that the dividend is in danger of being cut again? If it were cut to 5 or 6% it would still be a good dividend but if it were cut it is pretty likely that the share price would take a big drop, don't you think? If so, why buy this now?
    Dec 3 09:47 AM | Likes Like |Link to Comment
  • Petroleum & Resources: A 7.2% Yield, A 14.7% Discount To NAV, And A Big Slug Of Exxon [View article]
    Just as an interesting aside: FOF charges 1.02% fees, this on top of the fees charged by the funds they hold so if you own FOF you pay fees upon fees and end up paying probably over 2% in fees every year. I bet there are advisors who have FOF in their client's accounts and so, with advisor fees added in, the client pays over 3% !
    Nov 19 01:02 PM | Likes Like |Link to Comment
COMMENTS STATS
122 Comments
224 Likes