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mjc99

mjc99
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  • Are There Really High-Dividend, Low-Risk ETFs? [View article]
    According to the index provider for DIV, as of March 1, the dividend yield for the trailing 12 months was 8.05%. Here is the link:

    http://bit.ly/YMOdRC
    Mar 23 07:51 PM | 1 Like Like |Link to Comment
  • Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
    Here's a link to a Nasdaq article from Oct 2012. I googled "Vanguard to drop BDCs from small cap index".

    http://bit.ly/ZCNwhN
    Mar 11 10:30 PM | 1 Like Like |Link to Comment
  • Looking For High Yield In Out-Of-The-Way Places: Business Development Companies [View article]
    I imagine this would apply to TCAP as well since Vanguard holds a large number of TCAP shares in its small cap indices.
    Mar 11 08:47 PM | Likes Like |Link to Comment
  • 236,000 New Jobs, Unemployment Rate Falls to 7.7% [View article]
    Doug,

    Is the average (mean) duration of unemployment based on how many weeks the unemployed collect unemployment benefits or is it based on some other metric such as a survey?

    In my opinion, paying unemployment benefits for extended periods as we have seen in this recession has also been a factor in the high unemployment duration. Maybe not as big a factor as the reasons you mention, but a factor nonetheless.
    Mar 10 03:59 PM | 2 Likes Like |Link to Comment
  • HEADLINES FROM THE FUTURE [View instapost]
    Philip,

    You have a fertile imagination. I must admit, however, that I miss Ray Bradbury.
    Mar 5 02:40 PM | Likes Like |Link to Comment
  • The Biggest Investor Lesson From Earnings Season [View article]
    Per his March 3 "Weighing the Week Ahead" article, it appears Jeff recently took some chips off the table and is now leaning bearish.
    Mar 5 08:33 AM | Likes Like |Link to Comment
  • REITs: Why The Dividends Are A Mirage [View article]
    Alex,

    I have to admit I agree with you to some extent. After ARCP announced the completion of their merger last week, which one would typically assume to be a positive development, I've watched the stock decline in price by more than 10%.

    It seems that whenever a REIT sells shares to raise cash, the price goes down significantly, erasing much of the capital gains accrued since the last stock sale. It's taking some of the shine off REITs for me at least.
    Mar 4 09:46 AM | Likes Like |Link to Comment
  • At the open: Dow +0.04% to 14081. S&P +0.21% to 1519. Nasdaq +0.29% to 3172.
    Treasurys: 30-year +0.07%. 10-yr +0.08%. 5-yr +0.04%.
    Commodities: Crude +0.08% to $92.83. Gold -0.36% to $1589.9.
    Currencies: Euro -0.14% vs. dollar. Yen +0.13%. Pound -0.08%[View news story]
    Were those opening DOW, S&P, and NASDAQ increases supposed to be increases based on points, not percentages?
    Feb 28 09:39 AM | Likes Like |Link to Comment
  • Thailand: Taking A Stake In A Changing Economy [View article]
    Far Horizon,

    I am following up on a previous comment from rkctech. Have you considered a closed-end fund like TTF? According to Morningstar total return data, TTF has significantly outperformed THD. TTF also has CP All, one of your recommendations, as its largest holding.

    Thanks for an informative article.
    Feb 24 10:56 AM | 2 Likes Like |Link to Comment
  • A Reply To Barry Ritholtz's Secular Bear Question [View article]
    You forgot to include that we survived eight years of George W. Bush whose policies certainly didn't help the US economy.

    I'm afraid there won't be a republican in the White House any time soon unless republicans finally realize it is a new era and that appealing mainly to old, white men is no longer enough.
    Feb 18 10:27 AM | 3 Likes Like |Link to Comment
  • First Business Development Company ETF Looks Like A Winner [View article]
    Alan, the fact sheet for BIZD states that expenses are as follows: "Acquired Fund Fees and Expenses ** = 7.16%

    **Acquired fund fees and expenses are not borne directly by the Fund, rather they reflect the Fund’s pro rata share of indirect fees and expenses incurred by investing in business development companies (BDC). Acquired fund fees and expenses are reflected in the prices of the acquired BDCs and thus included in the total returns of the Fund. The fund’s direct net expenses are capped contractually at 0.40%."

    Should the high fees concern potential investors or are these fees something that is also charged to investors in the individual stocks?
    Feb 13 10:44 AM | Likes Like |Link to Comment
  • How To Fix The Fiscal Mess [View article]
    Philip,

    I fear you have gone over to the dark side in your pursuit of income! Your earlier writings led me to believe you thought mREITs were too risky. Now you are recommending them. (FYI, I am long MTGE.)
    Feb 3 01:37 PM | 1 Like Like |Link to Comment
  • Petroleum And Resources Corp: An Attractive Alternative To BP Prudhoe Bay [View article]
    Bill,

    According to Morningstar, the total return for BPT for the 1-year period ending Jan 31, 2013 was -24.61% (that's minus 24.61%) while it was +6.99% for PEO. PEO also outperformed BPT over the last 3-year period as well.
    Feb 1 03:04 PM | Likes Like |Link to Comment
  • Petroleum And Resources Corp: An Attractive Alternative To BP Prudhoe Bay [View article]
    Morningstar seems to show that the total return on price and NAV for PEO significantly exceeds SPY for the last 10 and 15 year periods.
    Feb 1 02:14 PM | 1 Like Like |Link to Comment
  • Equity CEFs: The Insanity Of CEF Investors [View article]
    Douglas,

    I too initially viewed closed end funds with skepticism. Your articles have enlightened me but I have much to learn. Is there any reason not to include a tax-advantaged CEF in an IRA? Are there better CEF alternatives for an IRA?
    Jan 28 01:03 PM | Likes Like |Link to Comment
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