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Harry Piels

Harry Piels
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  • Bank Of America And A 6.1% Yield? Yes, Please [View article]
    Maybe it's the 6% plus yield, the low volatility, and the safety of being above common in the event of bankruptcy? In a 2% yield world these have been among the best destinations for your cash, though the picture may soon change.
    Apr 23, 2015. 02:39 AM | Likes Like |Link to Comment
  • NAD: A Good Way To Reduce Next Year's Tax Bill [View article]
    Thanks again. Your picks have been excellent income producers. Wondering if you have an opinion on O prf which is not callable in the near future and which produces over 6% monthly dividends?
    Apr 19, 2015. 10:34 AM | Likes Like |Link to Comment
  • Connecting The Dots: Finding Yield In A Sub-Zero World [View article]
    Sadly, believe most stores have ditched their greeters. That was a job I had my eye on, too. "Good day, ma'am ! Thanks for shopping at Walmart, ((pinch))." Oh well, I wouldn't have lasted anyway.Maybe dumping greeters was a move in response to higher employee wage demands (?)
    Apr 16, 2015. 09:13 PM | 1 Like Like |Link to Comment
  • Here We Go Again: TIPS Yields Are Diving Toward The Negative [View article]
    Thanks for the pertinent information. There are thousands of boomers in a dilemma as to where to invest for some reasonable yield and safety. An additional idea to explore is bonus money paid by some banks for substantial deposits. One popular bank with competitive cd rates is offering up to $500. for transfer of funds.This would raise your effective yield to a more reasonable level.
    Apr 16, 2015. 08:52 PM | Likes Like |Link to Comment
  • Infrastructure Preferreds, +4.96% YTD [View article]
    JTP also a player in this space. Monthly dividends.
    Apr 10, 2015. 07:22 PM | 1 Like Like |Link to Comment
  • Duck This Dip- There's More Crazy Stuff Coming [View article]
    Looking for a solution for these unsavory economic scenarios? I'm thinking the person who can hoard away a great deal of the world's best scotch will have a pretty good bartering chip when it hits the fan. People will want to escape and you'll have the ticket. Of course, I'm assuming that things may get so bad that scotch will be in short supply. Then you'll be able to trade it for almost anything.
    Mar 18, 2015. 10:17 PM | Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    I'd pay to see this debated with David Walker, former Comptroller General of the U.S. He has been ringing the alarm bell for a long time and does have some interesting perspectives as well.
    Mar 18, 2015. 07:29 PM | 2 Likes Like |Link to Comment
  • Oil: False Rally Or True Bottom? - Looking Back To 2008/9 [View article]
    Your analysis is sound, but it's a bit like calling the price of gold, isn't it? Many factors come into play and some just can't be foreseen. For those with a love of gambling, SCO and DIG are available and may reward amply if lady luck is with you. One thing about those two, don't forget tax loss rules in a taxable account. It could bite you.
    Note: This is not a recommendation to buy the above exchange traded funds. They entail considerable risk and you could lose a substantial part of your investment. You need to carefully consider all investments as they may carry substantial costs in addition to the potential loss of part or all of your capital. I am not an investment professional.
    Feb 8, 2015. 10:36 AM | Likes Like |Link to Comment
  • At What Point Do You Step Into The Potential McDonald's Value Trap In Search Of Yield? [View article]
    McDonalds has not held it's restaurants to the standards that previously existed. The company likes to brag that it's food is identical in any location. I have found this to be untrue. Many locations water down coffee and some serve french fries that seem anything but fresh. I would also point out that (relating to carbon footprint) McD needs to alter it's procedure for packaging or at least offer recycle bins. There is a huge amount of styrofoam, plastic, and paper being thrown in our ballooning dumps. If they want to appeal to millennials, this would be a good start. I can see offering a healthy alternatives menu, but that will never satisfy the average customer. That said, alterations to lower sugar and salt would be a positive contribution to the well being of all customers.
    Jan 28, 2015. 02:52 AM | 1 Like Like |Link to Comment
  • Low Risk And Long-Term Success Portfolio Update 2015 [View article]
    So I guess if you subscribe to the Oracle's quote, you'll be piling into oil nowadays? Something tells me his quote does not apply to long term trends, and lower oil prices just may be one of them. What could reverse the downward trend in oil? Lower production, obviously, and the reversal might be dramatic if two or three producers announce cuts in production. Emerging markets will be using more oil, and certainly world population isn't being reduced as we may add two billion people in just another century. On the other side, technology is a factor in saving oil, as solar heat, hybrid cars and many new ideas will help to reduce consumption.These are important, but will take time .Therefore, I'm betting on oil getting back to the $60-70/barrel level by early 2016. In the meantime, I'm doing the SCO/CVX trade.That's not a recommendation, just an idea you might consider after you thoroughly examine your own risk tolerance. Sometimes volatility is your friend.
    Jan 3, 2015. 09:59 AM | 1 Like Like |Link to Comment
  • Morgan Stanley Provides Some Sage Words On Gilead Sciences [View article]
    Thanks. I was getting nervous. I like investing in a stock that may save thousands of lives with it's next discovery. GILD rocks !
    Jan 1, 2015. 06:20 PM | 1 Like Like |Link to Comment
  • 2015 Outlook: Pain [View article]
    Yes, Rockefeller I like preferreds as well. You need to watch liquidity and (as was pointed out) the possibility of a call which could be costly if the price exceeds the issue price. I place a stop on my positions and have been enjoying over 6% paid monthly(O prf). In this market environment, I take it !
    Jan 1, 2015. 05:23 PM | Likes Like |Link to Comment
  • 2015 Outlook: Pain [View article]
    People don't vote because they believe the candidates won't do anything to help them. A big reason for this (cemented by a recent Supreme Court ruling) is that big interests basically run Congress and the administration. The candidates depend heavily on contributions from large corporations or interest groups which then expect pay back.When the President resorts to executive orders, bypassing the people altogether, it's about as anti-democratic as it can get. It also establishes a precedent that future presidents may use to circumvent the democratic process. Therefore it is dangerous. If neither candidate is singing your song, why vote against yourself just to say you voted? This is a call to change the system back to the days when people and not big interests control the political process.
    Jan 1, 2015. 04:59 PM | 2 Likes Like |Link to Comment
  • Gundlach: Boxed-in Fed has to hike rates in 2015 [View news story]
    Fish: you really think he'd do that to Hillary?
    Dec 7, 2014. 09:10 PM | 1 Like Like |Link to Comment
  • Gundlach: Boxed-in Fed has to hike rates in 2015 [View news story]
    Right,13, and that little trick is bound to lead to turmoil in the schools, higher school and federal taxes, higher food prices,not to mention stress on numerous agencies of the government. They'll likely need to hire staff to deal with the influx of new eligibles who will bolt from the fields and get into the welfare lines. Then there's another problem for the states. They share in the costs which could push some(especially border states) close to bankruptcy. As to the unemployment numbers, they will be accepting an incredible number of low skill folks just as the rates finally were beginning to look better.I believe the numbers (5 million) are deceptively low and the White House has shown a great deal of sympathy toward allowing illegals benefits and giving slack as they see fit. Read into that an additional several million beyond the announced total to be granted amnesty. This is big. It will take time to roll out, but it may be an unexpected factor that turns the economy upside down.
    Dec 7, 2014. 09:02 PM | 1 Like Like |Link to Comment