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jbzw

jbzw
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  • Preferred Stocks Are Not For Everyone [View article]
    Larry, since LTS-A pays monthly, the effective yearly rate is around 8.9% if the dividends are reinvested. Also remember that as STAG approaches its call date, the price may adjust closer to par. Good Luck.
    Aug 13 10:35 PM | Likes Like |Link to Comment
  • Preferred Stocks Are Not For Everyone [View article]
    It has been callable since December, 2011 and now trades well above par. Caveat emptor.
    Aug 13 09:21 PM | Likes Like |Link to Comment
  • High-Yield Bonds: Call Waiting [View article]
    Extension risk is a misnomer. Anyone who buys a bond knows its maturity date. Furthermore, the rates for newer issued bonds are usually lower that the older rates. Unless a bond trades for below par, an investor does not want a bond called absent a significant premium. Thanks.
    Aug 13 09:18 PM | 1 Like Like |Link to Comment
  • Preferred Stocks Are Not For Everyone [View article]
    If the purchased preferreds trade at a relatively high volume, then they only need to be held until the investor finds another preferred of similar quality paying a higher rate. Using a Roth or regular IRA, I am frequently able to increase my return by swithching from the lower paying ones to the higher paying ones. Further, since preferreds make their payments quarterly or sometimes monthly, there is no need to accept payments only four times a year. These instruments may be bought and sold frequently including shortly after the ex date and there is no need to hold them any longer than until
    a better opportunity comes along. I agree that the value of the principal amount may diminish as rates rise. However, the amont of payments can be increased on
    the change in price to generate even better returns. Thanks.
    Aug 11 10:03 PM | 1 Like Like |Link to Comment
  • Walgreen: Bad News Show Creates A Compelling Opportunity [View article]
    TAS, Ihave done just the opposite- bought some on the lows, am up 3%, and will sell after some more appreciation in my Roth. I have owned WAG in my individual account for years, not a barn burner, but a steady Eddie. I will take 5 or 6 percent for a brief period of time and move on. Isn't the free market great? We can all make some money, one way or another with good companies. Good Luck to you.
    Aug 11 07:33 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #34 [View instapost]
    Great idea to move when you did. Many more have followed and will continue to do so. The max income rate in Md and MoCo is now around 9% plus all the other taxes, including the shopping bag tax.
    Aug 10 10:02 AM | Likes Like |Link to Comment
  • Alliance One International: A Seldom Discussed Tobacco Company [View article]
    Thanks for your article. I hold a small amount of its Senior Notes due in 2021 (Cusip 018772AS2). It trades around par and yields just under 10%. The demand for tobacco and now LN should continue unabated for many years. AOI does billions of dollars in sales and is one of the two big players. I do not want to own any of its stock, but am satisfied to be one of its creditors for the next several years. Caveat emptor.
    Jul 27 09:12 AM | Likes Like |Link to Comment
  • QR Energy: Is It Time To Ring The Register? [View article]
    LRE is not just a buyout play. It is at a high today and its dividend was recently increased. Thanks.
    Jul 25 07:24 PM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Mark Twain reportedly said to put all your eggs in one basket and then watch that basket. The great thing about capitalism is that each of us can decide our own destiny. I would note that all of your positions are stocks which means that the dividends are not set in stone and that their value may decrease. Past experience has shown that the financials can cascade down like a waterfall when the dividends are cut or performance falters. As a result there is no guarantee that your income stream will continue at its current levels. Preferred stocks and higher yielding bonds are a more reliable way to achieve a rate of return. I wish you all the best with your approach, but you may be courting disaster with it. Thanks.
    Jul 24 10:07 PM | 1 Like Like |Link to Comment
  • QR Energy: Is It Time To Ring The Register? [View article]
    First thing this morning, in my Roth, I sold my QRE and put it into LRE which was up 4% today. I will keep my BBEP pending future developments. Selling for a good gain beats watching the arbitrage playout. There are many good fish in the pond.
    Jul 24 07:35 PM | 2 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #32 [View instapost]
    I have also made significant Roth transfers in kind to lessen the tax consequences of the MRDs and to limit taxability of SS payments and the means testing of Medicare benefits. In that regard, I also transfer shorter term, under par bonds just before the interest is paid. The fair value of the bond is taxed on the conversion, but the carried interest is not and moves into the Roth tax free. Also, when the bond matures, the appreciation has occurer tax free. Thanks for continuing to update.
    Jul 24 11:33 AM | Likes Like |Link to Comment
  • Why Isn't The United States Growing Faster? [View article]
    JR, your crystal ball on my personal life could not be more wrong. Try hectoring someone else.
    Jul 22 11:58 AM | 1 Like Like |Link to Comment
  • Alpha Natural Resources Can Most Likely Survive, But Can It Thrive? [View article]
    Your title sums up why I own some of its bonds - Cusip 02076XAD4 - which mature in 4/2018 with a current yield of about 11% and do not own its stock. I prefer to be a creditor and not an owner. Thanks for your detailed article.
    Jul 22 09:57 AM | 1 Like Like |Link to Comment
  • Why Isn't The United States Growing Faster? [View article]
    Highest corpoate tax rate in the civilized world, government protection of animals at the cost of jobs, failure to build the pipeline and allow energy expansion,war on coal, total disruption of the healthcare system rather than proving care only for those in need a la foodstamps, and destroying border protection which allows illegals to replace Americans provides a good place to look for the sad state of the economy. Add in billions of foreign aid to countries that want to destroy us and the constant attempts to create class warfare and disparage hard work.
    Jul 21 08:02 PM | 2 Likes Like |Link to Comment
  • This High Dividend Stock Yields 9%+, Has Big Dividend And EBITDA Growth Ahead; Goes Ex-Dividend Soon [View article]
    UBTI can apply in Roths as well as traditional IRAs. The trigger point is 1000 dollars of that type of income in an account. This is a tax mindfield and anyone entering it should get tax advice from a professional. If one can stay under the minimum trigger, some ownership can be rewarding. Caveat emptor!
    Jul 20 05:39 PM | 1 Like Like |Link to Comment
COMMENTS STATS
660 Comments
405 Likes