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jbzw

jbzw
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  • Wait Until 70 For Social Security [View article]
    What a good result! It is a wise person who knows when to leave employment behind. I have never seen a headstone that says "He wished he had worked another year." thanks for sharing this success story
    Oct 28, 2013. 10:01 PM | 4 Likes Like |Link to Comment
  • QTS Realty Trust Quiet Period Ending Provides Buying Opportunity [View article]
    Thanks for your article. I am long with this interesting issue and await the upcoming earnings report.
    Oct 28, 2013. 12:20 PM | Likes Like |Link to Comment
  • Wait Until 70 For Social Security [View article]
    You can only invest what you get to keep after the government gets its share. Advice on this site regarding how you get back some of the money you have given to it and the best way to do so is critical information to one's financial well being. Medicare and prescription drug premiums are means tested. Make too much money and the government taxes a chunk of your SS benefits. In my view, discussion of these issues followed by appropriate action is critical to one's financial well being in later years.
    Oct 28, 2013. 12:14 PM | 1 Like Like |Link to Comment
  • Wait Until 70 For Social Security [View article]
    In theory, the 70 year mark looks good, but who wants to work that long, and take the chance that the program is still available in its current form.
    Oct 27, 2013. 07:33 PM | 13 Likes Like |Link to Comment
  • Wait Until 70 For Social Security [View article]
    You may also consider Roth conversions a little at a time to lessen the impact of MRDs later on. Good luck.
    Oct 27, 2013. 07:28 PM | 8 Likes Like |Link to Comment
  • What Exactly Is So Objectionable About Obamacare? [View article]
    Neogation only with his party. No Republicans voted for it.
    Oct 26, 2013. 09:57 PM | 3 Likes Like |Link to Comment
  • Goodrich Petroleum: Transformation Underway [View article]
    The 10% preferred is GDPPRC which currently yields about 9.33% since it is trading over par. Its earliest call date is in 2018 so I am still long. However, I prefer the D shares since they still sell under par. Good luck.
    Oct 24, 2013. 10:08 AM | Likes Like |Link to Comment
  • A 9.4% Bond Yield Strongly Worth Owning [View article]
    Thanks for your comment, but I do not consider my method as illogical. I want the higher yield year now and a shorter maturity to limit the effect of interest rate risk. I am a creditor of the company and want current yield without worrying about a possible higher return loner in the future, assuming no default. I also do not want to review the documents to deterime whether the bonds are in pari passu. I do not think the featured bond will outperform mine between now and 2018. If it does, it will be because its price will go up. My view is that if that occurs, mine will also rise. As I stated in my prior post, I am a current income investor and do not necessarily hold my bonds until maturity. Becase of diversification and the relatively low default rates of these types of bonds, I do not worry about default. Further, even if that occurs, it does not mean that payment will not be eventually made. The increased interest generated by the higher rate bond can be reinvested, thereby creating even higher returns. My method may not be for everyone , but has provided me with double digit returns for the past fifteen years. Good luck to you as well.
    Oct 23, 2013. 10:07 PM | 1 Like Like |Link to Comment
  • A 9.4% Bond Yield Strongly Worth Owning [View article]
    Thanks for your comment. However, I invest for current income and not for YTC. I will take the higher yield over possible appreciation at maturity. I do not want my gains at the back end, and will trade out if I can achieve a higher current yield from another comparable company.
    Oct 23, 2013. 12:25 PM | Likes Like |Link to Comment
  • Goodrich Petroleum: Transformation Underway [View article]
    Thanks for your article. I am long its C and D preferred shares.
    Oct 23, 2013. 12:06 PM | Likes Like |Link to Comment
  • Happy Trafalgar Day [View instapost]
    Collectors hunt down the limited edition ones, such as the leopard ones shown on ETSY. I have a pair and they have appreciated more than some of my lousy securities. Thanks for the Trafalgar post. We need to remember history.
    Oct 22, 2013. 07:29 PM | Likes Like |Link to Comment
  • A 9.4% Bond Yield Strongly Worth Owning [View article]
    Thanks for the article on an individual high yield bond. Please keep them coming. Of course there is risk; you do not get high returns without it. However, with a bond you are a creditor and not an owner. Will the company pays its interest and principal is the question to be evaluated. The default rates on high yield bonds is very,very low. The secret is to diversify and not buy too much of any one issue. I own bonds of this company, but prefer the 9.75% issue which matures earlier in 2018. It sells slightly above par. Its Cusip is 02076XAD4. Coal is certainly under attack and there probably will not be any new companies. In my opinion, There is a good chance that ANR will meet its obligations on the bonds that I own. Thanks again.
    Oct 22, 2013. 07:23 PM | 1 Like Like |Link to Comment
  • Happy Trafalgar Day [View instapost]
    Thanks for the Abbott portrait of Lord Nelson and the history reminder! In your neck of the woods, Trafalgar makes the best premium men's braces available on the planet.
    Oct 21, 2013. 06:08 PM | 1 Like Like |Link to Comment
  • Washington REIT - Continued Stagnation [View article]
    The prosperity of the D.C area is not artificial and will not be withering anytime soon. Earlier this year, Forbes noted that 6 of the 10 wealthiest counties inthe US were in the suburbs of the capital. The lowest median family income of these 6 counties was $93,000 per year. D.C.is loaded with attorneys, bankers, lobbyists, and others who function off of government. They are supported by large staffs of employees who also make a good living. This beehive does not even include all of the government wokers. I have lived in this area since birth and it has always provided well for people willing to work. I cannot imagine any significant slowdown in its growth. WRE needs to get its act together quickly or spruce itself up for sale. In my view, this will happen (I sense a sale) one way or another. Nothing to bet the farm on, but worth a small position to see what developes. Cavet Emptor.
    Oct 17, 2013. 09:20 PM | 1 Like Like |Link to Comment
  • Washington REIT - Continued Stagnation [View article]
    The D.C. Area has long been able to avoid the problems of the rest of the country and will remain a great place for knowledgable investors. WRE has been around for a long time. My view is the repositioning may be in advance of a possible sale. While I have not owned it for a long time, I may just take a small position and see what happens. As usual, thanks for your comprehensive review.
    Oct 17, 2013. 09:32 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
911 Comments
527 Likes