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jmodrkrk

jmodrkrk
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  • Rebuttal: 'Is A House Really A Good Investment?' [View article]
    I'm a first time homebuyer and did much of the same iterative process when thinking about what to buy. I live in a major metropolitan area and pretty much came to the conclusion that I would only be comfortable buying something that would rent easily and cover the monthly expenses + 10%. I lucked out with a really low rate on a short sale condo and am already enjoying the improved cashflow + tax benefits of ownership. And if I ever move, it won't be an issue. My end conclusion from the whole affair was buy way way less home than you can afford. If you would need the principal back to purchase another home/couldn't rent it for cost, you can't afford it. Period.
    Jul 26 12:22 AM | 4 Likes Like |Link to Comment
  • Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video[View news story]
    lol Cramer - because it's clearly not about the price. People who buy SBUX will buy it regardless of cheaper alternatives - it speaks to status and image regardless of the economic conditions. While this may be a stretched example vis a vis SBUX and MCD coffee but - If gasoline were 7 dollars a gallon, people would still buy Mercedes and Jaguars because the people who can afford to own $80k vehicles aren't too concerned with the price of gas, more the appearance and satisfaction it provides them.
    Nov 8 11:19 AM | 4 Likes Like |Link to Comment
  • The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
    Exactly, our energy supply is really only limited by human ingenuity, demand economics, and technology, the resources themselves will become increasingly secondary as we progress. In a 100 years, we could be having this same discussion about harvesting all of America's commodity "X" used to produce energy. Maybe it's pig shit used in anaerobic digestors, who knows.
    May 10 10:07 AM | 3 Likes Like |Link to Comment
  • Airlines around the world have gone to great lengths in recent years to reduce the weight they carry, with an eye to decreasing fuel requirements and increasing profit. So if weight is such a key concern for airlines' operations, why not charge for overweight passengers as well as overweight baggage? At least one economist thinks it's a great idea. [View news story]
    haha, haters gonna hate. When I lived overseas on a military base even the civilians flew in the cargo sections of C131s, just simple cargo webbing for seating. Had to wear earplugs too, no soundproofing back there -- looking back i kindof preferred it. Could this be an idea for a new breed of discount airline? I don't know what rules the FAA places on airlines for safety or whatever, if it's even possible.
    Mar 30 03:32 PM | 3 Likes Like |Link to Comment
  • 10 Demographic Trends Investors Should Be Thankful For [View article]
    In the short-term, maybe down, maybe not. Only until countries and their farmers/consumers realize a) they can't grow enough food to feed everyone w/o GMOs and b) the food they DO grow w/o GMOs will cost too much to produce to be economically viable to export or sell to local consumers. I suspect as the world population continually grows, there will be a need for GMO foodstuffs (or some other scientific enhancements somewhere in the process to boost crop yields) and it will be the $MON and $POT corporations of the world there to provide it. Science and technology are the factors that turn limited resources into limitless opportunity outputs. This progress is humanity's defining aspect, both good and bad.

    It's like when you hear people wanting to ban fracking in the U.S. They'll only want to ban it as long as natural gas is still cheap enough to heat their homes and cook their food. The instant it isn't (potentially without fracking?), the environmental/health concerns over fracking probably go out the window. I don't really know a damn thing about how fracking actually works, but I don't really care as long as my gas is cheap. At a certain price point, everyone will feel that way.

    As someone that's lived in the third and developing worlds, those populations aren't too concerned about the genetic make up of their food -- mostly just that there's enough and its affordable. It will be a long time before most of them have the income or interest to care.
    Mar 22 01:16 AM | 3 Likes Like |Link to Comment
  • The Fed is considering abandoning its plan to eventually sell the trillions of dollars of bonds it's bought and just let them mature instead. The move would prevent the disruption of markets that might come with big sales, and it would prevent any losses if and when interest rates rise, not to mention any subsequent criticism from Capitol Hill. There might be some economic benefits too. [View news story]
    give me two of whatever this one had.
    Mar 8 09:34 AM | 3 Likes Like |Link to Comment
  • American Realty Capital Properties Is No Mirage: It's Time To Back Up The Truck [View article]
    I feel like a lot of these types of articles are designed to generate page clicks for the author through which the SA website at large benefits as well.

    Write a controversial piece sure to generate a lot of page views and commentary?? Congratulations you now have a top promoted article on SA! Everyone wins, except of course anyone who is looking for decent information/analysis.
    Mar 5 10:01 AM | 3 Likes Like |Link to Comment
  • A 2 1/2 year-old infant appears to have been cured of HIV following aggressive treatment soon after birth with the drugs lamivudine and zidovudine, which are sold by a joint venture between GlaxoSmithKline (GSK), Pfizer (PFE), ViiV Healthcare and Abbott Laboratories' (ABT) Kaletra. The news could revolutionize the way babies with HIV are treated. "It's proof of principle that we can cure HIV infection if we can replicate this case," says Johns Hopkins' Deborah Persaud, the lead author of a report on the case. [View news story]
    wow, all investment notion aside, that's pretty incredible.
    Mar 4 07:16 AM | 3 Likes Like |Link to Comment
  • You don't have to be a rocket scientist to read Tesla Motors (TSLA) test ride data correctly or do you? The latest salvo in the Elon Musk vs. New York Times battle comes from The Atlantic which claims the Space X founder's passionate defense of the Tesla Model S and his accusations of journalistic impropriety at the NYT are off-base. The sideshow is taking attention off what matters: Are Tesla production numbers keeping pace with the brisk demand for the EV model? [View news story]
    winner winner for the most overused e argument on SA. "i probably get my stock picks from cramer too?" too? to imply that in addition to...what? i'm confused, i was just wondering when/if top gear will get to do a review given the Roadster libel lawsuit and ill will.

    Cramer gets his stock picks from your mother. Who gets them from me. So yes, in a roundabout way.
    Feb 14 04:40 PM | 3 Likes Like |Link to Comment
  • Hobbit watching: Sequel off to strong global start, premium viewing a boost [View news story]
    boring story line malarky. yeah who wants plot. i think they're making another expendables movie, you should check it out.
    Dec 15 10:54 PM | 2 Likes Like |Link to Comment
  • Should the government help finance homeownership? asks Robert Shiller in the NYT, referring to the conservatorship of Fannie Mae and Freddie Mac and the Federal Housing Administration's direct subsidization of home-ownership, not to mention execptionially loose monetary policy. Shiller doesn't seem so convinced, pointing out that renters can more easily move if they find a new job, while it's "hardly wise to put all of one's life savings into a single, highly leveraged investment in a home." [View news story]
    Anybody that uses the entirety of their savings to finance a home purchase is doing it wrong. You either don't have enough savings or are living outside your means. Workforce mobility is extremely important -- if you can't afford to commit to home ownership and the potential prospect of moving around for work, just rent. Or buy something you can rent if you had to move.
    Jul 14 10:29 AM | 2 Likes Like |Link to Comment
  • Landmine or just regrettable? Taylor Swift fans flock to social media to protest an Abercrombie and Fitch (ANF -2%) T-shirt featuring the phrase "#more boyfriends than t.s." The retailer notes that the item "is no longer available." [View news story]
    meanwhile, in real news...anything else happened.
    Jun 21 03:36 PM | 2 Likes Like |Link to Comment
  • Exelon (EXC) -5.1% premarket after Deutsche Bank downgrades shares to Hold from Buy with a $34 price target, down from $38, citing Friday's "thesis-altering" PJM capacity auction results. The firm says lower RPM revenues will present headwinds in 2016-17, and another surge of new committed gas plants and imports in 2016 is "a big risk that may offset energy price upside expected from coal plant retirements." [View news story]
    $EXC the dog that keeps on giving.
    May 28 09:07 AM | 2 Likes Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    ...and John McCain just wanted Tim Cook to tell him why he needs to keep updating his apps. Most of these Congressmen are in way over their heads, little no understanding of what they're dealing with. http://tinyurl.com/m25...

    "For years, Apple has opted to forego fully contributing to the U.S. Treasury and to American society by shifting profits and circumventing U.S. taxes," -- John McCain

    If I can't remain within the tax law AND 'fully contribute' to American society at the same time, count me out.
    May 22 09:52 AM | 2 Likes Like |Link to Comment
  • Linn Energy (LINE) -5.1% premarket after a weekend Barron's article warns of a sharp drop if the dividend gets cut. LINE's 7.5% dividend yield has supported the company's high unit price even as its fundamentals have faded; in Q1, LINE failed to produce enough cash to cover its distribution, even by its generous measure of distributable cash flow. LNCO -6.8% premarket. [View news story]
    seems like all my favorites have started shitting the bed in the last week.
    May 6 09:01 AM | 2 Likes Like |Link to Comment
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94 Comments
83 Likes