BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chasing Value: Ten stocks for 2010 -- Part 5]]>http://www.bloggingstocks.com/2009/11/23/chasing-value-ten-stocks-for-2010-part-5/http://www.bloggingstocks.com/2009/11/23/chasing-value-ten-stocks-for-2010-part-5/http://www.bloggingstocks.com/2009/11/23/chasing-value-ten-stocks-for-2010-part-5/#commentsFiled under: , , ,

The march toward year end continues as three more stocks are reviewed in a search for the eventual 2010 stock picks. This year there will be nine stocks with a new wrinkle, I will add one naked put.

These options have contributed to a mind-boggling return on my 2009 portfolio, exceeding 200% to date. This has been a very unusual year, and I bet against the rampant fear in the market. I will not pretend for a moment that this is repeatable. What I will do is share my opinions and investing adventure, hoping to stimulate investor interest and dialog.

Continue reading Chasing Value: Ten stocks for 2010 -- Part 5

Chasing Value: Ten stocks for 2010 -- Part 5 originally appeared on BloggingStocks on Mon, 23 Nov 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2010abbott laboratoriesABTchasing valuemicrosoftMSFTsheldon liberTUPtupperware brandsMon, 23 Nov 2009 13:00:00 EST<![CDATA[Chasing Value: E-Trade, a word of caution]]>http://www.bloggingstocks.com/2009/11/20/chasing-value-e-trade-a-word-of-caution/http://www.bloggingstocks.com/2009/11/20/chasing-value-e-trade-a-word-of-caution/http://www.bloggingstocks.com/2009/11/20/chasing-value-e-trade-a-word-of-caution/#commentsFiled under: , , , , , , , ,

Look before you leap! All year long rumors have been swirling around that E*TRADE (ETFC) was on the auction block being prepared for an acquisition by a bigger fish interested in its customers and superior trading platform. I have not used E-TRADE so I do not have first hand experience. However, this has been acknowledged broadly and I have received very positive comments from regular users when I have written about it.

The leading suitor seems to be TD AmeriTrade Holding (AMTD), with Charles Schwab Corp (SCHW) mentioned as perhaps having similar but less conspicuous interest. For Schwab it may be as much about keeping E-TRADE out of a competitors hands as chasing the business.

Continue reading Chasing Value: E-Trade, a word of caution

Chasing Value: E-Trade, a word of caution originally appeared on BloggingStocks on Fri, 20 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMTDBACbank of americaBankOfAmericacharles schwabCharlesSchwabchasing valueChasingValuee-tradeETFCfeaturedOptionsSCHWsheldon liberSheldonLibertd ameritradeTdAmeritradeWells FargoWellsFargoWFCFri, 20 Nov 2009 13:40:00 EST<![CDATA[Chasing Value: Ten stocks for 2010 -- Part 4]]>http://www.bloggingstocks.com/2009/11/18/chasing-value-ten-stocks-for-2010-part-4/http://www.bloggingstocks.com/2009/11/18/chasing-value-ten-stocks-for-2010-part-4/http://www.bloggingstocks.com/2009/11/18/chasing-value-ten-stocks-for-2010-part-4/#commentsFiled under: , , , , , , , , , ,

Fourteen stocks have been reviewed so far with eight of them potential contenders for 2010. These include some picks from 2009, some old dependables and a few more on the speculative side.

During the year I have written on occasion about selling put options (naked puts) because the premiums offered were very generous and from my perspective assumed market collapse. This was reflected in my July post Serious Money: The world's dumbest market

Today I am considering four naked puts and two more stocks. The options are all based on stocks now in review.

Continue reading Chasing Value: Ten stocks for 2010 -- Part 4

Chasing Value: Ten stocks for 2010 -- Part 4 originally appeared on BloggingStocks on Wed, 18 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chasing ValueChasingValuee-tradeETFCEZ CorpEZ PawnEzCorpEzPawnEZPWFFDXFedExFordSheldon LiberSheldonLiberStock optionsStockOptionsstocks for 2010StocksFor2010United ParcelUnitedParcelWells FargoWellsFargoWFCWed, 18 Nov 2009 16:40:00 EST<![CDATA[Will Americans be working for Chinese wages?]]>http://www.bloggingstocks.com/2009/11/17/will-americans-be-working-for-chinese-wages/http://www.bloggingstocks.com/2009/11/17/will-americans-be-working-for-chinese-wages/http://www.bloggingstocks.com/2009/11/17/will-americans-be-working-for-chinese-wages/#commentsFiled under: , , , , , , , ,

The only thing that has been devalued faster than our precious dollar is the perpetual slide in government credibility. Over the years we have heard countless times about the importance of a strong dollar from our leaders.

"Our administration believes in and will do everything in its power to support a strong dollar" or something like this has been spewed out by Republicans and Democrats alike, yet there is little evidence that the policies put in place over the past century have done anything of the sort. Perhaps there was one person that took the heat and did the right thing -- Paul Volcker, during the Carter administration, who had to deal with dizzying inflation.

Continue reading Will Americans be working for Chinese wages?

Will Americans be working for Chinese wages? originally appeared on BloggingStocks on Tue, 17 Nov 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ben BernankeChinaDollar depreciationdollar valueFDXfeaturedFederal Reservefedexinflationnational debtpresidential politicsSheldon LiberSheldonLibertrade deficitwagesTue, 17 Nov 2009 15:20:00 EST<![CDATA[Chasing Value: Ten stocks for 2010 -- Part 3]]>http://www.bloggingstocks.com/2009/11/16/chasing-value-ten-stocks-for-2010-part-3/http://www.bloggingstocks.com/2009/11/16/chasing-value-ten-stocks-for-2010-part-3/http://www.bloggingstocks.com/2009/11/16/chasing-value-ten-stocks-for-2010-part-3/#commentsFiled under: , , , ,

In this installment of our search for the ten picks for 2010, I will risk my reputation (and money) as I head in a more speculative direction. In Part 1 of this series, I discussed breaking up my potential picks into three categories: "Contender", "On the Fence", and "Out of the Running", until the 10 stocks have been identified.

The following lists the first ten stocks I discussed and the current standing after Part 2 of this series, plus four new stocks reviewed today.

Continue reading Chasing Value: Ten stocks for 2010 -- Part 3

Chasing Value: Ten stocks for 2010 -- Part 3 originally appeared on BloggingStocks on Mon, 16 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>american oriental bioengineeringAmericanOrientalBioengineeringAOBAvi BioPharmaAviBiopharmaAVIIchasing valueChasingValueetradefeaturedGBEgrubb and ellisGrubbAndEllisSheldon LiberSheldonLiberMon, 16 Nov 2009 13:40:00 EST<![CDATA[Chasing Value: Ten stocks for 2010 -- Part 2]]>http://www.bloggingstocks.com/2009/11/12/chasing-value-ten-stocks-for-2010-part-2/http://www.bloggingstocks.com/2009/11/12/chasing-value-ten-stocks-for-2010-part-2/http://www.bloggingstocks.com/2009/11/12/chasing-value-ten-stocks-for-2010-part-2/#commentsFiled under: , , , , , , , , , , , , , ,

The clock is ticking away the time before the year ends and I have only begun to sort out the possibilities. In Part 1 of this series, I discussed breaking up my potential picks into three categories: contender, on the fence, and out of the running until the 10 stocks have been identified.

Four contenders have been considered so far: American Eagle Outfitters (AEO), Anadarko Petroleum (APC), Anglo American ADR (AAUKY) and Diageo plc (DEO).

Six more are included in today's review: EZCorp Inc. (EZPW), General Electric Company (GE), Wells Fargo & Company (WFC), Annaly Capital Management ( NLY), Intuitive Surgical Inc (ISRG) plus Berkshire Hathaway (BRK.B). These include the remaining five from 2009 and one more familiar to most investors.

Continue reading Chasing Value: Ten stocks for 2010 -- Part 2

Chasing Value: Ten stocks for 2010 -- Part 2 originally appeared on BloggingStocks on Thu, 12 Nov 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2010 stock picks2010StockPicksannalycapitalmanagementberkshire hathawayBerkshireHathawayBNIBRK.ABRK.Bburlington northernBurlingtonNorthernchasing valueChasingValueezcorpEZPWfeaturedGEgeneral electricGeneralElectricGSintuitive surgicalIntuitiveSurgicalISRGNLYsheldon liberSheldonLiberwells fargoWellsFargoWFCThu, 12 Nov 2009 15:00:00 EST<![CDATA[Chasing Value: Ten stocks for 2010 -- Part 1 ]]>http://www.bloggingstocks.com/2009/11/11/chasing-value-ten-stocks-for-2010-part-1/http://www.bloggingstocks.com/2009/11/11/chasing-value-ten-stocks-for-2010-part-1/http://www.bloggingstocks.com/2009/11/11/chasing-value-ten-stocks-for-2010-part-1/#commentsFiled under: , , , , , , , , , ,

There are only seven weeks left in the year, so it is time to start thinking about 2010. If you have been keeping up with my 2009 picks (see: Chasing Value: 2009 blazing picks -- Q3 review ) than you would be aware that the group is up 40% through the third quarter.

This year I bought all of my picks so that I would be riding in the same ship as anyone that might have considered my suggestions.

I will be breaking up my potential picks into three categories; contender, on the fence, and out of the running, until I finalize the list in the last week of the year.

Continue reading Chasing Value: Ten stocks for 2010 -- Part 1

Chasing Value: Ten stocks for 2010 -- Part 1 originally appeared on BloggingStocks on Wed, 11 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAUKYAEOamerican eagle outfittersAmericanEagleOutfittersanadarko petroleumAnadarkoPetroleumanglo americanAngloAmericanAPCChasing ValueChasingValueDEOdiageo plcDiageoPlcexxon mobilExxonMobilfeaturedsheldon liberSheldonLiberXOMWed, 11 Nov 2009 16:40:00 EST<![CDATA[Chasing Value: 2009 blazing picks -- Q3 review ]]>http://www.bloggingstocks.com/2009/11/10/chasing-value-2009-blazing-picks-q3-review/http://www.bloggingstocks.com/2009/11/10/chasing-value-2009-blazing-picks-q3-review/http://www.bloggingstocks.com/2009/11/10/chasing-value-2009-blazing-picks-q3-review/#commentsFiled under: , , , , , , , , , , , , , , , , ,

The market continues to befuddle the bears as the third quarter earnings and stock prices continued to move in a positive direction.

During this period Washington has taken charge of the auto industry and helped prop it up with the "cash-for-clunkers" program. They continue to subsidize the real estate market with first-time home buyers incentives, and very low interest rates. The banks are being refueled by the Federal Reserve with interest rates as low as zero, while all the time currency stability has been sacrificed. This has driven gold prices to new highs.

This is the third review of my 2009 stock picks through September 30 (see: Chasing Value: 9 picks for 2009 -- APC, GE, ISRG, WFC and more). This years picks have annihilated index comparisons, so much so that I must attribute some of my good fortune to luck. However, I do believe the original reasoning was sound and the outlier nature of the gains certainly a result of an oversold market living in fear.

Continue reading Chasing Value: 2009 blazing picks -- Q3 review

Chasing Value: 2009 blazing picks -- Q3 review originally appeared on BloggingStocks on Tue, 10 Nov 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2009 stock picks2009StockPicksAAUKYAEOAmerican Eagle OutfittersAmericanEagleOutfittersAnadarko PetroleumAnadarkoPetroleumAnglo AmericanAngloAmericanAnnaly Capital ManagementAnnalyCapitalManagementAPCchasing valueChasingValueDEODiageo plcDiageoPlcEZCORPEZPWfeaturedGEGeneral ElectricGeneralElectricIntuitive Surgical IncIntuitiveSurgicalIncISRGNLYsheldon liberSheldonLiberWells FargoWellsFargoWFCTue, 10 Nov 2009 14:40:00 EST<![CDATA[Sunday Funnies: Barron's predicting profits?]]>http://www.bloggingstocks.com/2009/11/08/sunday-funnies-barrons-predicting-profits/http://www.bloggingstocks.com/2009/11/08/sunday-funnies-barrons-predicting-profits/http://www.bloggingstocks.com/2009/11/08/sunday-funnies-barrons-predicting-profits/#commentsFiled under: , , ,

In this week's (November 9) Preview Section of Barron's (subscription required) I was surprised to find that on Wednesday (11/9) it is noted that Computer Sciences (CSC), Applied Materials (AMAT), and Macy's (M) reported "profits." How do they know this?

On other days they refer to the "earnings" of various companies reporting. Perhaps I am splitting hairs, perhaps it is editorial haste (like you might find on our site), or perhaps there is no difference in some people's minds? From my perspective there is a difference between earnings and profits. Every quarter, public companies report their earnings. They do not always report a profit.

Continue reading Sunday Funnies: Barron's predicting profits?

Sunday Funnies: Barron's predicting profits? originally appeared on BloggingStocks on Sun, 08 Nov 2009 18:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMATApplied MaterialsBarronscomputer scienceCSCearningsMMacysProfitssheldon liberSunday FunniesSun, 08 Nov 2009 18:40:00 EST<![CDATA[Chasing Value: 16% yield -- Prospect Capital Corp]]>http://www.bloggingstocks.com/2009/11/05/chasing-value-16-yield-prospect-capital-corp/http://www.bloggingstocks.com/2009/11/05/chasing-value-16-yield-prospect-capital-corp/http://www.bloggingstocks.com/2009/11/05/chasing-value-16-yield-prospect-capital-corp/#commentsFiled under: , , , ,

When you run across a stock with a 16% yield you at least have to check out the story. Prospect Capital Corp (NASDAQ: PSEC) is just such a company. Last week PSEC declared its 20th consecutive increased dividend.

In sharing my adventures and opinions in the investment world I try very hard to be candid without crossing the line into being a promoter. That said, I have been buying stock regularly over the last 12 months and buying on fear has paid off handsomely. As the market has catapulted upward since March the opportunities have diminished. However, I did add PSEC in the last month.

Continue reading Chasing Value: 16% yield -- Prospect Capital Corp

Chasing Value: 16% yield -- Prospect Capital Corp originally appeared on BloggingStocks on Thu, 05 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chasing ValueChasingValuedividendshigh yieldHighYieldmezzanine debtMezzanineDebtopportunity fundsOpportunityFundsprospect capitalProspectCapitalPSECSheldon LiberSheldonLiberThu, 05 Nov 2009 17:00:00 EST<![CDATA[Serious Money: Questions as Buffett's money & mouth converge on BNI]]>http://www.bloggingstocks.com/2009/11/04/serious-money-questions-as-buffetts-money-and-mouth-converge-on/http://www.bloggingstocks.com/2009/11/04/serious-money-questions-as-buffetts-money-and-mouth-converge-on/http://www.bloggingstocks.com/2009/11/04/serious-money-questions-as-buffetts-money-and-mouth-converge-on/#commentsFiled under: , , , , , , ,

Yesterday it was announced very loudly that "my pal Warren" was going to acquire the 77.4% of the Burlington Northern Santa Fe (NYSE: BNI) railroad, that Berkshire Hathaway (BRK.A) does not already own, for $100 per share, offering about a $24 premium to Mondays closing price.

Talk about putting your money where your mouth is -- yikes! Buffett has gone all in, betting the economy is healing, and silencing anyone that questioned his integrity or motives for cautious optimism saying it was all talk!

Continue reading Serious Money: Questions as Buffett's money & mouth converge on BNI

Serious Money: Questions as Buffett's money & mouth converge on BNI originally appeared on BloggingStocks on Wed, 04 Nov 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>berkshire hathawayBerkshireHathawayBNIBRK.ABRK.BBuffettburlington northernBurlingtonNorthernfeaturedmergers and acquisitionsMergersAndAcquisitionsserious moneySeriousMoneysheldon liberSheldonLiberWed, 04 Nov 2009 14:40:00 EST<![CDATA[Serious Money: Jumpy stock market but Special 'K' doing fine]]>http://www.bloggingstocks.com/2009/11/02/serious-money-jumpy-stock-market-but-special-k-doing-fine/http://www.bloggingstocks.com/2009/11/02/serious-money-jumpy-stock-market-but-special-k-doing-fine/http://www.bloggingstocks.com/2009/11/02/serious-money-jumpy-stock-market-but-special-k-doing-fine/#commentsFiled under: , , , , , , , , , ,

What a week it was and it is starting off with more of the same! The day before Halloween the market gets spooked. The Dow drops 200 one day, rises 200 the next, and falls 250 to close the week. Yes, financial pundits could point to meaningful stories about the dollars rise, consumer spending sagging, the recession ending and so forth to explain market reactions but there is more to it than that.

Even among the 15 positions discussed in Where should granny put $50,000? only the Vanguard Total Bond Market exchange-traded fund (NYSE: BND) and the Kellogg Co (NYSE: K) were up last Friday. Good thing I advised "granny" to put half her funds in the ETF.

Continue reading Serious Money: Jumpy stock market but Special 'K' doing fine

Serious Money: Jumpy stock market but Special 'K' doing fine originally appeared on BloggingStocks on Mon, 02 Nov 2009 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BNDCITFfeaturedford motor co.FordMotorCo.Kkellogg companyKelloggCompanyserious moneySeriousMoneysheldon liberSheldonLiberTotal Bond FundTotalBondFundVanguardMon, 02 Nov 2009 14:20:00 EST<![CDATA[Sunday Funnies: Motley Fools seem desperate]]>http://www.bloggingstocks.com/2009/11/01/sunday-funnies-motley-fools-seem-desperate/http://www.bloggingstocks.com/2009/11/01/sunday-funnies-motley-fools-seem-desperate/http://www.bloggingstocks.com/2009/11/01/sunday-funnies-motley-fools-seem-desperate/#commentsFiled under: , ,

How desperate can they get? First I received a very long-winded, 10+ page e-mail from Motley Fool with the following sales pitch :That's why I'm offering you the chance to join Motley Fool Stock Advisor for just $79 -- that's 60% OFF our regular membership rate. But a word of warning: This special discount will be available for a limited time only!

Two days later, I received another 10+ page, jargon-filled e-mail blabbering on about the virtues of the newsletter while trying to create a sense of urgency because the clock was ticking and I was going to miss out.

Continue reading Sunday Funnies: Motley Fools seem desperate

Sunday Funnies: Motley Fools seem desperate originally appeared on BloggingStocks on Sun, 01 Nov 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Investment adviceinvestment newslettersmoneymoney managementMoneyManagementMotley FoolSheldon LiberspamSunday FunniesSun, 01 Nov 2009 11:20:00 EST<![CDATA[Sunday Funnies: Market rising in spite of high unemployment ]]>http://www.bloggingstocks.com/2009/10/18/sunday-funnies-market-rising-in-spite-of-high-unemployment/http://www.bloggingstocks.com/2009/10/18/sunday-funnies-market-rising-in-spite-of-high-unemployment/http://www.bloggingstocks.com/2009/10/18/sunday-funnies-market-rising-in-spite-of-high-unemployment/#commentsFiled under: , , , , , , , ,

Since the stock market bottomed in March of this year, it has been firing on all cylinders -- except for those in the auto industry who manufacture the most cylinders of course. This year has not been kind to them.

For months, many have been surprised at the rapid rise, given the level of unemployment. During this same period, Wall Streeters have been dancing up and down, looking forward to more bonuses.

As the number of unemployed has climbed and the period of same has lengthened, many have wondered how business could be improving during a time when the consumer (those still left) has transformed from spender to saver.

Continue reading Sunday Funnies: Market rising in spite of high unemployment

Sunday Funnies: Market rising in spite of high unemployment originally appeared on BloggingStocks on Sun, 18 Oct 2009 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Coca-ColaconsumptionemploymentExxon MobilExxonMobilIBMJNJjobsJohnson and JohnsonKOlabormarket rallyPGProcter and Gamblesheldon libersunday funniesunemploymentXOMSun, 18 Oct 2009 14:40:00 EST<![CDATA[Serious Money: Dow 10,000 is meaningless]]>http://www.bloggingstocks.com/2009/10/16/serious-money-dow-10-000-is-meaningless/http://www.bloggingstocks.com/2009/10/16/serious-money-dow-10-000-is-meaningless/http://www.bloggingstocks.com/2009/10/16/serious-money-dow-10-000-is-meaningless/#commentsFiled under: , , , , , , , , , , , ,

For the past 48 hours people have been asking me if I thought the market would pull back after the Dow Jones Industrial Average surpassed the milestone of 10,000. Business journalist's and guru's alike have suggested that there might be some profit taking or "selling into strength" and the recent highs would not hold.

As the market proved yesterday, up about a half percent across the board, with the Dow closing at 10,062.94, up 47.08 in last-minute buying -- that is just a lot of noise.

Continue reading Serious Money: Dow 10,000 is meaningless

Serious Money: Dow 10,000 is meaningless originally appeared on BloggingStocks on Fri, 16 Oct 2009 09:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>EarningsfeaturedGEgoldman sachsGoldmanSachsGOOGGoogleGSIBMINTCIntelserious moneySeriousMoneyFri, 16 Oct 2009 09:20:00 EST<![CDATA[Where should granny put $50,000?]]>http://www.bloggingstocks.com/2009/10/09/where-should-granny-put-50-000/http://www.bloggingstocks.com/2009/10/09/where-should-granny-put-50-000/http://www.bloggingstocks.com/2009/10/09/where-should-granny-put-50-000/#commentsFiled under: , , , , , , , , , , , , , , , , ,

One of my wonderful friends, Ms. P, asked me for some guidance on how she might allocate $50,000 currently earning peanuts in a money market account. Though she is decades from becoming a grandmother, after a brief discussion about her financial parameters, it became clear to me that she was looking for a "granny fund."

In reality, my recommendations would be suitable, and perhaps desirable, for many passive investors as well.

The $50,000 is a portion of money Ms. P has set aside to purchase a home, which might happen in six months, but could also be pushed out further, depending on the economy and her situation. Basically, she wants to cover all her bases because she might need the money at any time and does not want to be caught short, while at the same time she would like to generate some revenue without taking any big risks.

Continue reading Where should granny put $50,000?

Where should granny put $50,000? originally appeared on BloggingStocks on Fri, 09 Oct 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADPaltriaannalycapitalmanagementautomatic data processingAutomaticDataProcessingBNDCondsolidated EdisonCondsolidatedEdisonDEOdiageo plcDiageoPlcDUKdukeEDfeaturedgeneral millsGeneralMillsGISJNJjohnsonandjohnsonKkelloggsMCDmcdonaldsmerckMOMRKNLYnovartisNVSPGprocter and gambleProcterAndGamblesheldon liberSheldonLiberSOsouthern companySouthernCompanyVanguardFri, 09 Oct 2009 15:40:00 EST<![CDATA[Sunday Funnies: Pervasive bad advice]]>http://www.bloggingstocks.com/2009/09/27/sunday-funnies-pervasive-bad-advice/http://www.bloggingstocks.com/2009/09/27/sunday-funnies-pervasive-bad-advice/http://www.bloggingstocks.com/2009/09/27/sunday-funnies-pervasive-bad-advice/#commentsFiled under: , , , , ,

We keep hearing that consumer spending propels 70% of our economy and that we will not see real growth without an increase in consumer confidence, meaning spend, spend, spend. This is very bad advice! Let other people spend -- you should be saving!

This is a theme I have been hammering on all year and I will continue to do so. I believe this is so important to our personal and national long term health that any true investment discussion, be it on the web, radio, television, newspapers or magazines, is just blowing smoke if it is not a primary focus.

Continue reading Sunday Funnies: Pervasive bad advice

Sunday Funnies: Pervasive bad advice originally appeared on BloggingStocks on Sun, 27 Sep 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>consumer spendingConsumerSpendingdebtinvestment adviceInvestmentAdvicesavingsheldon liberSheldonLibersunday funniesSundayFunniesSun, 27 Sep 2009 14:30:00 EST<![CDATA[Chasing Value: Newcastle up 500% -- why?]]>http://www.bloggingstocks.com/2009/09/22/chasing-value-newcastle-up-500-why/http://www.bloggingstocks.com/2009/09/22/chasing-value-newcastle-up-500-why/http://www.bloggingstocks.com/2009/09/22/chasing-value-newcastle-up-500-why/#commentsFiled under: , , , , , , ,

They say you should not look a gift horse in the mouth. Sorry folks, sometimes you do. In the case of the recently catapulting Newcastle Investment Corp. (NYSE: NCT), which I bought at 60 cents a share, I am.

I have been following this company for a while and have both made and lost money. Although it started out as a penny stock for me it has jumped over 150% in a week and closed today at $3.61 up $0.39 (12.11%) -- for a total gain to date of 502%. So why am I complaining?

Continue reading Chasing Value: Newcastle up 500% -- why?

Chasing Value: Newcastle up 500% -- why? originally appeared on BloggingStocks on Tue, 22 Sep 2009 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chasing valueChasingValueCMBSNCTnewcastleREITSsheldon liberSheldonLiberTue, 22 Sep 2009 16:45:00 EST<![CDATA[Chasing Value: Journey to 201%: APC, ISRG, WFC and more]]>http://www.bloggingstocks.com/2009/09/18/chasing-value-journey-to-201-apc-isrg-wfc-and-more/http://www.bloggingstocks.com/2009/09/18/chasing-value-journey-to-201-apc-isrg-wfc-and-more/http://www.bloggingstocks.com/2009/09/18/chasing-value-journey-to-201-apc-isrg-wfc-and-more/#commentsFiled under: , , , , , , , , ,

Yesterday my 2009 portfolio closed up 201% for the year. It has been an interesting journey, and while it is rather self congratulatory to discuss it, there are lessons to be learned.

Before I review some of the reasons I was able to do this I want to make it clear that I do not think this can be easily repeated; I look at the portfolio every day thinking this is too good to be true, and we all know what that usually means.

Continue reading Chasing Value: Journey to 201%: APC, ISRG, WFC and more

Chasing Value: Journey to 201%: APC, ISRG, WFC and more originally appeared on BloggingStocks on Fri, 18 Sep 2009 17:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APCChasing ValueChasingValueISRGnaked putsNakedPutsNCTOLNSheldn LiberSheldnLibersir john templetonSirJohnTempletontrading optionsTradingOptionsvalue investingValueInvestingwarren buffettWarrenBuffettWFCFri, 18 Sep 2009 17:20:00 EST<![CDATA[Labor-less Day]]>http://www.bloggingstocks.com/2009/09/08/labor-less-day/http://www.bloggingstocks.com/2009/09/08/labor-less-day/http://www.bloggingstocks.com/2009/09/08/labor-less-day/#commentsFiled under: , , , , ,

Last Friday the market reacted favorably (or less negatively) to the latest report from the Labor Department's unemployment figures of 9.7 percent in August, as employers cut 216,000 jobs last month. The percentage is up but the raw numbers are trending down allowing for a sigh of relief on Wall Street with the major indices all up over 1%.

Many would argue that when it comes to the truth, the government is prone to favor aesthetic figures instead of the straight data. I tend to agree with this view as the numbers appear sculpted to be the least offensive.

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Labor-less Day originally appeared on BloggingStocks on Tue, 08 Sep 2009 14:30:00 EST. Please see our terms for use of feeds.

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