Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@bee- Yes, that's true, but then again it seems unlikely that they won't have the income to deal with that debt. Unless of course they also need to invest zillions in whatever new and great 27G comes along next, in which case who knows?
BTW, we wer…
Thanks, @Ted and @Mark. I wasn't being snarky or critical; I just wanted to make sure that my understanding was correct. Yes, I remember Ed... always enjoyed his comments.
@Ted: Thanks for the quick answer. But perhaps I'm misunderstanding something here. I interpret your answer to mean that the % is related directly to what you actually paid for one share. If you had paid $14.75 per share, then your yield would be 1…
Question: With respect to a stock, what is the basis for the percentage? For example, with T, the 6.75% is 6.75% of what? If the "what" is a company's earnings, wouldn't the percentage vary constantly as earnings either increase or decrease?
@Ted- yessir... I was trying to lead to that gently, step by step, for the edification of some. Evidently some believe that a bond merchant resells his product without markup at exactly the same price that he paid for the product. How the bond merch…
When you buy a loaf of bread at the store, there is just one price posted: what you will be charged. You realize that there is a certain amount of a profit markup included in that price, but you have no way of knowing exactly what that markup compon…
“Turkey is the canary in the coal mine,” Mr. Lee said on Friday.
I'm not sure that I understand all of this. Is he saying that they replaced the canaries in the coal mines with turkeys? I was under the impression that usually turkeys owned and ran …
Nonsense. The global financial markets will crash next Tuesday at exactly 9:03AM EST. If it happens, remember that I predicted it. If it doesn't, David Snowball must have predicted it.
It's my understanding that John tends to purchase bonds directly, as opposed to investing in bond funds. Needless to say, the anticipated exposure and behavior can vary dramatically between the two.
Anyone who has ever had a hummingbird feeder (we've had two for many years) knows that one male will try to claim ownership and spend most of the day driving away any interlopers. (Kind of like Ted you-know-who and his posts.)
@oletimer63-
On the left side of your screen you should see the "Discussions +" category. Choosing that will hide the comments with no response, and help you to sort through the clutter.
Welcome to MFO!
OJ
Perhaps one of the first things that you need to ask yourself is whether you are looking for income (do you need the income for current expenses?) or are you looking for appreciation? You seem to be concerned regarding the possible deterioration of …
An article in today's WSJ reports that the "67% increase" is largely due to revised accounting methodology which requires valuation to market prices of certain held securities.
"not making the product last as long as possible so you never have to buy another one"
@LewisBraham: That concept became "inoperative" when Bell Labs and Western Electric were broken up.
A question about dust. I've seen it said a number of places that blowing out electronic devices, for example the circuit boards in a large desktop computer, can cause damage due to a static charge on the air stream. (The air stream would have been g…
Well, back in the early 70s I held IBM and it took a real dive. Figuring that if IBM went under so would half the rest of the country I doubled down. IBM sorted itself out, I recovered my bet, and got the hell out. But of course that's only one inst…
