Investing In Industrial REITs Part 3: Lexington Realty Trust [View article]
Thank you for reviewing LXP.
Looking North of the Boarder, have you looked at First Capital Reality Inc. ? It trades on the Toronto Stock Exchange - the ticker symbol FCR. It owns numerous significant shopping locations, that are in key locations in Canadian Cities. Most notably Loblaws is a major Canadian food chain and FCR rents space to Loblaws in some locations.
The situation with Apple is very similar to Cisco and the Telecom crash of 2000. After the fiber optic infrastructure was established, the party was over.
No doubt Apple is sitting on a lot of cash.
However, its not possible for a company for the size of Apple to continue to grow its earnings at its previous rate of 33%.
So the real question is - What will apple's earnings be once the iPhone reaches market saturation ? .
This Aggressive Portfolio Is Beating The Market Averages [View article]
Is it a good idea to recommend Face Book in a retirement portfolio ?
I'm trying to understand how a company with a MktCap of 64 billion can continue to grow its earnings at staggering rates. As learned from the Dom Com crash in 2000 - can someone explain the valuation of Face Book ?
Six Canadian banks get a one-notch downgrade from Moody's as high levels of consumer debt and bubbly housing prices leave the lenders "more vulnerable than in the past." The agency also notes banks' reliance on "confidence-sensitive wholesale funding, which is obscured by limited public disclosure." Among those cut: BMO, BNS, CM, TD. [View news story]
immediate thoughts are:
1) this is a Buy Signal
2) Maybe TD Bank should buy Moody's
Seriously - I am absolutely no authority
This downgrade was issued because of concern about the rise in the Canadian house hold debt to income ratio - and the Bank's exposure to it.
However, much of the revenue from Canadian banks comes also comes from international operations - the States, Europe and Latin America.
Also, Canadian Banks are presently buying international financial companies at bargain prices.
Canadian banks have stable earnings growth - however, I think the real question is - Are they going to be able to sustain their earnings growth ?
Michael - thanks for having the courage to write this article. We have all had some lessons from the markets - especially me.
At least Apple has solid earnings - but I think a few people will learn a few lessons from FB.
When looking at a company the size of Apple - I ask myself how is a company this size going to continue to grow ?
Many years ago I worked for a start up high tech company and have to say Tech is Globally competitive business - plus its about egos and intellectual property. The bottom line is that High Tech companies have to constantly re invent the next "Must Have" product just to maintain their present level of earnings.
Hopefully, someone here has the skills to perform a technical analysis of Apple. I don't. But I think you need to set a sell price and walk away if it goes below a value you set. Then try to see a loss in context of your entire portfolio. Right now Apple's 200 ma is about $390.
Plus as stated above - was Apple's share price attacked ? If so, will there be a bounce ?
Bank Of America's Turnaround Means Shares Will Double [View article]
Thank you for showing these key ratio graphs on BAC.
Hopefully, someone can verify or correct my observations.
It seems the key to BAC is the gradual recovery in the US housing market.
Last time I read, BAC had a massive amount in distressed and underwater mortgages in its Legacy division. Since 2008, at least 750,000 mortgages have been modified to reduce defaulting. With the gradual recovery in the US housing market is this situation improving ? Last time I read, BAC had an equal amount of mortgages which were considered stable.
As for all the law suits - I haven't been following them lately - but it seems that many of them were settled for unusually low amounts. Most notably with Freddie or Fanny which the amount was so low - it was considered a back door bail out.
Rising Dividends: My Dividend Growth Portfolio 2012-2013 Report [View article]
For a retirement portfolio, you may want to check out the Canadian Banks - in particular BMO and TD.
I'm not sure to what extent Canadian Banks are regulated by the Canadian Government - however, both these banks have relatively low European exposure. They have steady earnings growth and BMO is paying a 4.5% yield.
I think TD has a better growth strategy and actually 55% of its revenue now comes from the States. However, its dividend is just 3.7% - but has better dividend growth than BMO.
These banks can be bought on the NYSE so you won't have to pay currency exchange ie 1.2% for currency conversion - however, know their share price is subject to currency fluctuations.
3 Stocks To Buy, 1 Stock To Sell, What's Next For The Market [View article]
Thank you for your analysis of CLF's.
With a estimated drop in earnings to $5.44, do you think CLF's will maintain their present dividend payout of $2.56 ? Will that leave them with enough cash flow ?
I think China's index has just crossed above its 200 MA. Does that translate to an increase in the demand of iron ore ?
Newbie Lessons: Easing Into A Stock [View article]
Actually, I used the word recovery - so I better clarify that.
From what I can figure out, the US housing market and employment is slowly improving. China's economy seems to be on the mend. Some European bank 's are in better shape.
However, the Dangers - the economic conditions in Europe have not changed. The markets will probably drop when QE3 and QE4 end - and eventually the bond bubble will burst.
Newbie Lessons: Easing Into A Stock [View article]
InzKeeper - with your success in CAT, KEY, F and ENB - I think you should be giving me advise.
The comment about the entry point for ENB was a good one. Also, thought the comment about being an invester - not a trader - was good too.
I don't know about earnings growth for AGF - but have you tried looking at the 40 MA and 200 MA slope for this stock ? Its not pretty.
Rather - I'd be trying to find a growth stock that would capitalize on the present recovery - then sell it before QE3 and QE4 ends. The US housing market is steadily improving - so BAC may capitalize on this. The price of BAC may have gotten a bit a head of itself - its going to report its earnings on Jan 17th - the few days after this may provide a buying opportunity.
Another option - is there an undervalued resource stock you know of ? metals ?
Newbie Lessons: Easing Into A Stock [View article]
Do you mean AGF Management Ltd ? Both its 200 day MA and 40 day MA are very negative. If its paying a dividend of $0.27 a share quarterly, but its earnings are $0.55 annually, can it sustain this dividend ? I am absolutely no authority - but I would suggest investigating its earnings growth before jumping into it.
One thing to check - if you are a Canadian holding a Canadian Corporation outside of sheltered environment - the dividends have a preferential tax treatment. So if you buy ultra boring BMO - presently paying a 4.73% dividend - I think there are almost no taxes on this unless you sell BMO for a profit. BMO has very little European exposure - its earnings keep on growing but its share price is sitting flat. . However - of the big 5 Canadian Banks, I think TD Bank has the best earnings growth strategy. Its buying US financials and has been successful at opening up branches along the US eastern sea board. Its to the point where 55% of TD's revenue comes from the States. It too, has very little European exposure. As an entry point - you may want to look after an earnings announcement or a few days after the ex dividend date.
Newbie Lessons: Easing Into A Stock [View article]
To add, I have absolutely no financial schooling at all - except for the school of hard knocks. But here is an excellent article concerning Benjamin Graham http://seekingalpha.co...
Most Mutual Funds do not better the Index. However, you may want to investigate TD Bank's Monthly Income Fund - its ultra boring but has consistently bettered the TSX Index. This fund has earned 8.1% annually through the tech crash, 9/11, 0.63 dollar and the 2008 financial crisis. There is e version which has a low MER. But a word of caution - its holdings contain 37% bonds - so you may want to sell it if the bond bubble bursts.
Investing In Industrial REITs Part 3: Lexington Realty Trust [View article]
Looking North of the Boarder,
have you looked at First Capital Reality Inc. ?
It trades on the Toronto Stock Exchange - the ticker symbol FCR.
It owns numerous significant shopping locations, that are in key locations in Canadian Cities. Most notably Loblaws is a major Canadian food chain and FCR rents space to Loblaws in some locations.
Any opinions on FCR ?
Apple Is Not Worth $460 [View article]
No doubt Apple is sitting on a lot of cash.
However, its not possible for a company for the size of Apple to continue to grow its earnings at its previous rate of 33%.
So the real question is - What will apple's earnings be once the iPhone reaches market saturation ?
.
This Aggressive Portfolio Is Beating The Market Averages [View article]
I'm trying to understand how a company with a MktCap of 64 billion can continue to grow its earnings at staggering rates.
As learned from the Dom Com crash in 2000 - can someone explain the valuation of Face Book ?
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Do you have an estimate or prediction when QE 3/4 will end ?
Most sincerely - How do you account for the rise in the S&P 500
in between QE2 and QE 3/4 ?
Six Canadian banks get a one-notch downgrade from Moody's as high levels of consumer debt and bubbly housing prices leave the lenders "more vulnerable than in the past." The agency also notes banks' reliance on "confidence-sensitive wholesale funding, which is obscured by limited public disclosure." Among those cut: BMO, BNS, CM, TD. [View news story]
1) this is a Buy Signal
2) Maybe TD Bank should buy Moody's
Seriously - I am absolutely no authority
This downgrade was issued because of concern about the rise in the Canadian house hold debt to income ratio - and the Bank's exposure to it.
However, much of the revenue from Canadian banks comes also comes from international operations - the States, Europe and Latin America.
Also, Canadian Banks are presently buying international financial companies at bargain prices.
Canadian banks have stable earnings growth - however, I think the real question is - Are they going to be able to sustain their earnings growth ?
Lessons Learned From An Apple Bull [View article]
Lessons Learned From An Apple Bull [View article]
We have all had some lessons from the markets - especially me.
At least Apple has solid earnings - but I think a few people will learn a few lessons from FB.
When looking at a company the size of Apple - I ask myself how is a company this size going to continue to grow ?
Many years ago I worked for a start up high tech company and have to say Tech is Globally competitive business - plus its about egos and intellectual property.
The bottom line is that High Tech companies have to constantly re invent the next "Must Have" product just to maintain their present level of earnings.
Hopefully, someone here has the skills to perform a technical analysis of Apple.
I don't. But I think you need to set a sell price and walk away if it goes below a value you set. Then try to see a loss in context of your entire portfolio. Right now Apple's 200 ma is about $390.
Plus as stated above - was Apple's share price attacked ?
If so, will there be a bounce ?
I
Bank Of America's Turnaround Means Shares Will Double [View article]
Hopefully, someone can verify or correct my observations.
It seems the key to BAC is the gradual recovery in the US housing market.
Last time I read, BAC had a massive amount in distressed and underwater mortgages in its Legacy division. Since 2008, at least 750,000 mortgages have been modified to reduce defaulting.
With the gradual recovery in the US housing market is this situation improving ? Last time I read, BAC had an equal amount of mortgages which were considered stable.
As for all the law suits - I haven't been following them lately - but it seems that many of them were settled for unusually low amounts.
Most notably with Freddie or Fanny which the amount was so low - it was considered a back door bail out.
Rising Dividends: My Dividend Growth Portfolio 2012-2013 Report [View article]
I'm not sure to what extent Canadian Banks are regulated by the Canadian Government - however, both these banks have relatively low European exposure. They have steady earnings growth and BMO is paying a 4.5% yield.
I think TD has a better growth strategy and actually 55% of its revenue now comes from the States. However, its dividend is just 3.7% - but has better dividend growth than BMO.
These banks can be bought on the NYSE so you won't have to pay currency exchange ie 1.2% for currency conversion - however, know their share price is subject to currency fluctuations.
Disclosure - I own both BMO and TD
3 Stocks To Buy, 1 Stock To Sell, What's Next For The Market [View article]
With a estimated drop in earnings to $5.44, do you think CLF's will maintain their present dividend payout of $2.56 ? Will that leave them with enough cash flow ?
I think China's index has just crossed above its 200 MA. Does that translate to an increase in the demand of iron ore ?
Newbie Lessons: Easing Into A Stock [View article]
From what I can figure out, the US housing market and employment is slowly improving. China's economy seems to be on the mend.
Some European bank 's are in better shape.
However, the Dangers - the economic conditions in Europe have not changed. The markets will probably drop when QE3 and QE4 end - and eventually the bond bubble will burst.
Newbie Lessons: Easing Into A Stock [View article]
The comment about the entry point for ENB was a good one.
Also, thought the comment about being an invester - not a trader - was good too.
I don't know about earnings growth for AGF - but have you tried looking at the 40 MA and 200 MA slope for this stock ? Its not pretty.
Rather - I'd be trying to find a growth stock that would capitalize on the present recovery - then sell it before QE3 and QE4 ends.
The US housing market is steadily improving - so BAC may capitalize on this. The price of BAC may have gotten a bit a head of itself - its going to report its earnings on Jan 17th - the few days after this may provide a buying opportunity.
Another option - is there an undervalued resource stock you know of ? metals ?
Newbie Lessons: Easing Into A Stock [View article]
I am absolutely no authority - but I would suggest investigating its earnings growth before jumping into it.
One thing to check - if you are a Canadian holding a Canadian Corporation outside of sheltered environment - the dividends have a preferential tax treatment. So if you buy ultra boring BMO - presently paying a 4.73% dividend - I think there are almost no taxes on this unless you sell BMO for a profit.
BMO has very little European exposure - its earnings keep on growing but its share price is sitting flat.
.
However - of the big 5 Canadian Banks, I think TD Bank has the best earnings growth strategy. Its buying US financials and has been successful at opening up branches along the US eastern sea board. Its to the point where 55% of TD's revenue comes from the States. It too, has very little European exposure. As an entry point - you may want to look after an earnings announcement or a few days after the ex dividend date.
Newbie Lessons: Easing Into A Stock [View article]
http://seekingalpha.co...
Most Mutual Funds do not better the Index. However, you may want to investigate TD Bank's Monthly Income Fund - its ultra boring
but has consistently bettered the TSX Index. This fund has earned 8.1% annually through the tech crash, 9/11, 0.63 dollar and the 2008 financial crisis. There is e version which has a low MER. But a word of caution - its holdings contain 37% bonds - so you may want to sell it if the bond bubble bursts.
Newbie Lessons: Easing Into A Stock [View article]
Suggest looking for stocks with steady earnings and dividend growth.
Have you looked at TD Bank and Husky Oil ?
I'm wondering if there is a Canadian resource or utility stock someone could recommend that pays a steady dividend ?
Disclosure: I own stocks in TD and HSE