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Different strokes for different folks Jerry. I have a preference for concentrated funds - hiring managers for their best ideas and not grabbing a bunch of space fillers in the name of diversification. Mr. Berkowitz has proven his abilities over time…
I too believe that Mike was speaking sarcastically and also as a Vietnam vet who shamelessly took part in those afforded benefits I emphatically agree with everything in his original message.
As a single dad I was able to make it while being dirt p…
@LLJB - hard to save anything or even attempt to when you have that dark cloud of unprecented debt hanging over you. Couple that with companies unwilling to hire you full time or willing to pay you a decent wage and what's left?
If the good doctor could ever learn how to coordinate his book smarts with street smarts he might become dangerous. He talks the talk but stumbles badly on the walking part.
You might look at FENY, the Fidelity Energy ETF and possibly Schwab has one as well. The Fidelity offering trades free of charge if you have an account there.
Help here maybe:
http://ibd.morningstar.com/article/article.asp?id=594471&CN=brf295,http://ibd.morningstar.com/archive/archive.asp?inputs=days=14;frmtId=12, brf295
Ted, what Mona said. And in my opinion if you do not think that the majority of politicians are bought and paid for then one of us is smoking the wrong thing (and it ain't me).
@Scoot - O & OHI are my long term holdings (years). They just keep rolling along and I'm not inclined to add to them at current prices like you. I may end up deciding to give Motif investing a whirl by building a REIT motif but right now there a…
I'm in no rush so I am mostly just pondering: FEU as discussed in another thread mostly for the dividend, PML a muni bond fund, OAK and a REIT or two-three which I am still performing dd on (STWD, WPC, BRX, STAG). If the REIT's and healthcare take a…
I'm not raising cash intentionally but I'm not spending what I earn either. At this point in time I don't feel the need to look for anything other than bargain sales when, and if, they occur. Captain Price is leading the way.
From the article/graphic as rono has always maintained:
Quote of the Day
"Regardless of the dollar price involved, one ounce of gold would purchase a good-quality man's suit at the conclusion of the Revolutionary War, the Civil War, the presidency …
@Charles - thank you for that. Ironically I had been thinking about OAK the last few days and was going to hit you and Scott up for the investing thesis. I couldn't get a firm grip on it. It's starting to sink in.
@Charles - to be fair kind of, WFC, BAC, USB and a host of other financial types took nearly identical dives back then and have since recovered mostly. Geez, can you believe you could have had WF for 2 bucks and change? Too scared this one. However,…
'Traders' are cautioned not to average down. Long term holders (investors) might see drops in prices as an opportunity or as sale pricing. Not always of course, but if you know and understand the company you are dealing with...
