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jbzw

jbzw
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  • Mack-Cali - Return Of The Living Dead (Money) [View article]
    Thanks for your excellent advice this year, and a very Happy New Year to you and all SA readers!
    Dec 27 06:35 PM | Likes Like |Link to Comment
  • Happy Christmas [View instapost]
    Merry Christmas to you and your family. Thanks for sharing your talents with us this year. Helping others is the spirit of Christmas all year long!
    Dec 24 12:57 PM | Likes Like |Link to Comment
  • The Financial Lexicon Positions For 2014: Individual Bonds Are The Way To Go [View article]
    Getting the asset classes right is the first step. While we would all like specific ideas,the article is one of a series to separate the good from the bad and the ugly. The author has done a good job in the past with specific issues, and I am sure will not disappoint us in 2014.
    Dec 20 03:49 PM | 1 Like Like |Link to Comment
  • Or What? [View instapost]
    Your comments are well within the area of investments. The law strikes at the heart of a free enterprise system and, if left to stand ,will have the effect of destroying one of the fundamental premises of our country. This is not about healthcare for people who did not have any. The county provides food, housing, income, and even phone assistance to some. It have provided health coverage tothose who needed it. Instead, the health system is being destroyed for everyone. Indeed, my premise is that the country's entire economic system is at risk. No individual or small business can make any predictable decisions because of the current situation. Congress passes a law,but decisions are made almost daily on an ad hoc basis daily. A strong economic system cannot endure under fiat. Folks who had full time employment and insurance they could live with are find their hours cut to part time and are expected to pay increased premiums with unaffordable deductibles. The people are being forced to buy something they do not want or pay a fine. We need more comments questioning what is happening to our freedoms, economic and otherwise. Prohibition prevented our forefathers from buying something they wanted but the government. It was repealed. Now the govermnent is forcing us to buy something that we do not want. It will also be repealed.
    Dec 20 03:31 PM | 1 Like Like |Link to Comment
  • The Financial Lexicon Positions For 2014: Individual Bonds Are The Way To Go [View article]
    Thanks for the article. Since the yields on preferreds have dropped this year, higher yield bonds have added some decent returns for me. The author has been of assistance to me this year and I appreciate the views going forward.
    Dec 20 10:20 AM | 3 Likes Like |Link to Comment
  • Navistar: Buy The Bonds, Not The Stock [View article]
    Fidelity has a pretty good site for its customers. Good luck!
    Dec 20 10:11 AM | Likes Like |Link to Comment
  • 2 Shipping Stocks Ready To Set Sail For Value Investors [View article]
    Whoops, I own the B shares, not the A ones.
    Dec 19 10:40 PM | Likes Like |Link to Comment
  • 2 Shipping Stocks Ready To Set Sail For Value Investors [View article]
    Quick guess, tax selling. It is up a good bit this year. I am long its preferred, ISHPRA, which is slightly over par paying about 8.8%.
    Dec 19 10:40 PM | Likes Like |Link to Comment
  • An 8.8% Yield Paid Every Month Since 2007 [View article]
    I have owned this issue on and off for the past several years. I am now out because my view is that it will obtain refinancing and call the issue which would result in a loss. Buying these types of issues above par plus interest is skating on thin ice in my opinion. There are other preferreds that also pay well and can be bought under par. Thanks.
    Dec 17 12:58 PM | Likes Like |Link to Comment
  • Astounding Retail Sales Justify Fed Tapering [View article]
    With the election upcoming in November of next year, I do not think that anyone will rock the boat. There may be talk, but I expect no action. The employment numbers do not show a heathy workforce improvement, rather more folks are willing to take government assistance. I am not surprised at the good start of the retail sales, but the season is not finnished. There is only so much money that will be spent this season. Finally, the adverse impact of the health law with its associated rise in costs - premiums and higher deductibles - has not yet be inclded in the mix.
    Dec 13 08:43 PM | 1 Like Like |Link to Comment
  • New Year's Resolution: Rethink Your Traditional Bond Portfolio [View article]
    Your insight is much appreciated, and I hope to put it to work in the New Year. Thanks for your assistance.
    Dec 13 08:25 PM | Likes Like |Link to Comment
  • New Year's Resolution: Rethink Your Traditional Bond Portfolio [View article]
    Thanks for your imput. There are a few reasons for my not buying much above par. I do not want to worry about my bonds being called at a lower price. With higher yields, several companies have issed full or partial calls this year due the availability of lower rates. Also, below par bonds have provided me with an occasional pop in price which have allowed me to redeploy their proceeds to generate a higher rate of return. While I am prepared to hold my bonds at the yield that I purchase them, I am always looking to increase my current yield. Further, if the issurer gets into trouble, I do not want to lose the above par amount. Everyone has their own approach, but mine has worked for me. Again, thanks for your comments and good luck going forward.
    Dec 12 05:03 PM | Likes Like |Link to Comment
  • New Year's Resolution: Rethink Your Traditional Bond Portfolio [View article]
    My resolutions are : never buy a bond fund but only individual bonds; be satisfied with the bond's yield on cost and be prepared to hold it until maturity unless a better opportunity comes along for a higher yield with comparable risk; buy below,at or only slightly above par; ignore all the general talk about how bad bonds are; and I agree that there are opportunities in the higher yield bonds. Thanks for your article!
    Dec 11 10:12 PM | 3 Likes Like |Link to Comment
  • 2 Attractive 7% Yielders [View article]
    Thanks for your article. For more conservative folks, ABR has two preferreds, A and B, which yield over 8% currently. CLNY has one- CLNY-A- which is also above 8%. A little of each works for me.
    Dec 7 10:04 AM | 2 Likes Like |Link to Comment
  • Happy Repeal Day [View instapost]
    Prohibition made the purchase of a product illegal and was repealed. The government now madates the purchase of another product, wrongfully called a tax. I am enjoying a Crown Royal, and awaiting a second repeal.
    Dec 5 09:13 PM | 1 Like Like |Link to Comment
COMMENTS STATS
590 Comments
343 Likes