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  • MORL Is A 'Too Good To Be True' Investment: Update #2, 13 Months Later [View article]
    The linked index is the Market Vectors Global Mortgage REITs Index[1]. The index provider reviews the index quarterly.

    UBS resets the leverage monthly. This reset is NOT the same as the quarterly index review, which may result in a partial reconstitution of the index.

    [1] http://tinyurl.com/nhj...
    Aug 29, 2015. 02:21 PM | 1 Like Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    George,

    Since I think there is more downside yet to come, I have taken the Pasteur quote to heart. I have entered several GTC orders to buy mighty MO at its 5% yield price - $45.20.

    We have all experienced what Chowder recently said:

    "One of the greatest fears that investors have is dealing with price volatility. We all know this, but we have to do more than just know it - we have to embrace it."
    Aug 29, 2015. 12:27 PM | 2 Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Investment Pancake,

    I agree with you, which of course means nothing, but here is a CFA who also thinks that the MPT definition of risk is not useful: http://tinyurl.com/ne7...
    Aug 29, 2015. 12:01 PM | Likes Like |Link to Comment
  • Philip Morris: The Healthy Cigarette [View article]
    Brandon,

    One more comment on your conflation of PM and MO. You said:

    "Speculation that the FDA might pass down new, tougher laws against the e-cig and vapor product markets would directly impact sales to a gravity that we do not know at the current component. Keep this in mind if making a play on the stock in the near future."

    The FDA has nothing to do with PM. And what everyone else said.

    Write an article on PM when you have your head out of the books. I'm sure you will do better.
    Aug 29, 2015. 11:46 AM | 1 Like Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    If recent history of the VIX is any guide, this week's spike up to 53 will not be an isolated event. Readings that high have always happened multiple times in close proximity, i.e. a few months. In 2008-09[1], and again in 2011[2], the VIX spiked to high levels repeatedly. There were many opportunities at those times to get quality stocks at bargain prices.

    I happened to have a long term GTC order for PG that filled this week at $66.29. I priced my bid at the 4% yield point. Who knew I would get it? Just lucky. I also had a number of dividends that reinvested this week. This was not luck. If I had for some reason not been in the market, I would not have gotten these automatic bargains. I was prepared to take advantage of luck when it happened, and I was not panicked by falling portfolio values.

    I am keeping some dry powder, just in case we get more near term panics. If we don't, that's OK too, I got some bargains, and my dividends keep rolling in.

    [1] http://on.mktw.net/1Ub...
    [2] http://on.mktw.net/1Ub...
    Aug 28, 2015. 02:30 PM | 1 Like Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    George,

    As you know, I track the cost weighted dividend growth rate of your portfolio. With the addition to STON, and using the most recently announced dividends, the growth rates are:

    1 year: 3.38%
    3 year: 3.82%
    5 year: 4.21%
    Aug 28, 2015. 10:52 AM | 1 Like Like |Link to Comment
  • Investment Strategies For Enhancing Required Minimum Distributions From An IRA [View article]
    Bruce Miller's comment above makes a lot of sense.
    Aug 27, 2015. 06:44 PM | Likes Like |Link to Comment
  • Investment Strategies For Enhancing Required Minimum Distributions From An IRA [View article]
    Thanks Brian.

    For NOBL, did you use the current expense ratio of 0.35% or the increased expense ratio of 0.70% as of 9/30/2015?
    Aug 27, 2015. 02:39 PM | Likes Like |Link to Comment
  • Investment Strategies For Enhancing Required Minimum Distributions From An IRA [View article]
    Mad Mary is correct. You cannot use your RMD for a Roth conversion. Any TIRA distribution in excess of the minimum required may be converted.
    Aug 27, 2015. 11:49 AM | 1 Like Like |Link to Comment
  • Investment Strategies For Enhancing Required Minimum Distributions From An IRA [View article]
    Did you adjust the results for SPLV and NOBL by their expense ratios?
    Aug 27, 2015. 10:52 AM | Likes Like |Link to Comment
  • The All-Value Team: 35 Dividend Stocks With Yields Higher Than Their 5-Year Averages (Part 1) [View article]
    I expect you are correct. When the VIX has been as high in the past as it was this week, it has taken months for the fear to dissipate. We could be in for more new lows, unconfirmed by higher VIX. I am in no hurry to wade in.
    Aug 27, 2015. 01:48 AM | 1 Like Like |Link to Comment
  • 10%-Yielding HDLV May Be A Good Choice If Interest Rates Remain Low [View article]
    The UBS web site says the indicative value closed at 24.01, up 5.08%[1]. The last trade was at 23.85, up 3.7%, total volume was 41791[2]. The discrepancies are due entirely to relative illiquidity, IMO.

    The time for monthly leverage reset has not yet arrived. It is calculated as of the COB on the last trading day of the month.

    [1] http://bit.ly/1eshaAq
    [2] http://bit.ly/1NV5fsb
    Aug 26, 2015. 05:15 PM | 1 Like Like |Link to Comment
  • 10%-Yielding HDLV May Be A Good Choice If Interest Rates Remain Low [View article]
    Index up 2.37%: http://bit.ly/1fG4k2Q
    Aug 26, 2015. 04:43 PM | Likes Like |Link to Comment
  • Is It Safe? [View article]
    dancing diva,

    I had the same experience, a fairly old GTC order was filled near the day's low. This was sheer dumb luck. I am not a trader and not any smarter than any other investor. I merely placed an order at the price that would give me a yield that I like.
    Aug 26, 2015. 12:01 PM | Likes Like |Link to Comment
  • 10%-Yielding HDLV May Be A Good Choice If Interest Rates Remain Low [View article]
    I found the index here: http://bit.ly/1fG4k2Q

    The quote appears to be as of yesterday.
    Aug 26, 2015. 11:29 AM | 1 Like Like |Link to Comment
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