CloroxCowboy

Total Rating:
0 / 0

29 Comments

    • Fri Nov 14th 09:20 AM | Rating: 0 0
      Commented on:
      Stocks vs. Bonds: An Update for the Current Market
      Short WFC,


      The article you pasted in takes a pretty narrow view and ignores the possibilities that exist with the current yields. Being a young investor, I'm buying these steadily on the way down, reaping increasingly more pleasing payments along the way. I also have the luxury of a long horizon to let prices bottom out whenever they choose and sell at a profit later. I realize that not everyone has time on their side, but those people shouldn't be involved in junk funds for that very reason.
      View article »
    • Fri Nov 14th 09:14 AM | Rating: 0 0
      Commented on:
      Can You Trust 'Junk'-Bond ETFs?
      This article takes a dangerously narrow view and ignores the possibilities that exist with the current yields. Being a young investor, I'm buying these steadily on the way down, reaping increasingly more pleasing payments along the way. I also have the luxury of a long horizon to let prices bottom out whenever they choose and sell at a profit later. I realize that not everyone has time on their side, but those people shouldn't be involved in junk funds for that very reason.
      View article »
    • Mon Oct 13th 09:11 AM | Rating: 0 0
      Commented on:
      Take a Look at Junk - Barron's
      Hiyield007, thanks for the response. I agree with your idea that these are slow to rebound, and for someone with better timing skills I say wait it out. I'm sure they will get a bit cheaper, however I don't have the best record when it comes to calling bottoms and usually tend to do better scaling in slowly. I should have made it clear that this is a personal tactic for me. I do think that flatter times are ahead, and the spread over Treasury is still attractive enough to make me risk being wrong about that. I'm comfortable holding my position for as long as I'm collecting a decent yield (or a great one if defaults don't get crazy), until I can sell for a price appreciation.

      If not Vanguard, what is your OE fund of choice? I definitely plan to diversify on this move.
      View article »
    • Fri Oct 10th 14:47 PM | Rating: 0 0
      Commented on:
      Fear Is Not a Strategy
      Excellent article. I wonder if some of you are missing the point?

      adventureneil, I'll simply ask "How can you, me, or anyone possibly know for certain that cheap will get any cheaper?" Same question for 'one more once'. Nothing wrong with patience, but eventually you have to take a swing at something or go back to the dugout.

      cristian, if you're saying that being in cash or gold over the past year would have been a good idea, I agree. If you're advocating making that switch now, it's too late my friend. Ditto for Frank Miller's comment. It's far too late to correct any hesitation that might have occurred earlier this year. Better to begin buying in gradually now if you got out early, or hold on to your shares if you weren't lucky/smart enough to sell before now. And if you're the 50-60 year old who has just seen his 401k go up in smoke because he violated one of the most basic principles of asset allocation - being heavily invested in volatile securities so close to retirement - and now you're in panic mode, there's not much I can say...please don't blame anyone else for that colossal mistake.
      View article »
    • Fri Oct 10th 12:21 PM | Rating: 0 0
      Commented on:
      Take a Look at Junk - Barron's
      I am considering lightly purchasing a few of these...for someone like myself with a very (very) long term view they should work out well. As I'm not expecting full-blown depression (or the associated default levels) these yields are attractive enough that I don't care about calling the bottom precisely. With a play that I believe will be viewed as a steal several years from now, it's better to load up slowly on the way down than worry about timing and possibly miss a decent entry.
      View article »
    • Wed Oct 8th 12:30 PM | Rating: 0 0
      Commented on:
      Global Coordinated Rate Cut: Nice Try, but the Party Is Over
      As much as I wish it wasn't true, this article seems to hold water. In this climate, lower central bank rates do not automatically equal growth. In fact, the recent series of attempts to shore-up, bail-out, or just throw money at the economy could backfire by inspiring more fear than confidence. Many will draw the conclusion that unprecedented desperate measures must mean unprecedented desperate times are upon us, and I do not hope for, but fully expect to see further contraction as a result.
      View article »
    • Mon Sep 15th 09:40 AM | Rating: 0 0
      Commented on:
      The U.S. on the Precipice
      Thank you for an article that is not afraid to be blunt and piss some people off!
      View article »
    • Mon Sep 15th 09:23 AM | Rating: 0 0
      Commented on:
      Welcome to Desolation Row
      GOOD!! This is punishment for the earlier stupidity of these firms, and it is 100% justified. Yes I know it will send ripple effects through the economy. GOOD!! That is punishment for the stupidity of Americans living beyond their means, and it is 100% justified. The absolute beauty of the financial markets is their ability to dole out rewards and punishments based on greed. As the (in)famous Michael Douglas quote goes, "...Greed works. Greed clarifies and cuts through and captures the essence of evolutionary spirit..." Successful operators in the financial markets will always be those with a healthy ruthlessness based on greed. (I'm not talking about illegal activity here, just smart investing) Sympathy and charity have no place in a market economy and only end up costing me, the responsible investor, more money in taxes. A responsible investor was 90% out of equities by Oct 07. I say that because it was easy enough at that time to see the writing on the wall, and with the correct motivation *greed* the responsible investor was interested in preserving his capital to later take advantage of the poor schmucks who were about to be crushed underfoot. If you can't relate to greed then you should step out of the game before you yourself are crushed. If you think what I'm saying is evil, you are not cut out to trade objects of value. Put your money in a mutual fund until retirement and stop whining.

      "I wonder if any speculators have shorted the liquid on the way down. That would be horrible and they should return their profits to the government." This statement is asinine. Look up greed and learn how it is essential to price correction (and every action in the market). Of course oil is being shorted, as it should be. That's how overblown prices are brought back to sane levels. No sane person is out there trading for the good of the government or the American people. End rant.
      View article »
    • Fri Jun 27th 09:05 AM | Rating: 0 0
      Commented on:
      Some Advice from Warren Buffet for Difficult Times
      I agree with half of Buffet's mantra above - using fear and greed sentiments to help timing. As Jim points out though, holding forever is probably not the best strategy if you consider that the past 50 years could have simply been an inflationary period in the macro time-scale. I don't expect markets to reverse to 1950's prices, but I do expect them to flatten out considerably. The rest of the world has closed the gap on the US since WWII and we no longer have many of the market advantages that once existed.

      With that said, my personal strategy is to buy cautiously and incrementally on downturns such as these. But instead of holding forever, I get really crazy and actually take a profit when prices go up again. People love to say that they got in on a certain company before everyone else, but how many of those people get out at the right time to turn a paper profit into a real one?
      View article »
    • Thu Jun 12th 13:40 PM | Rating: 0 0
      Commented on:
      1,238 Billion Barrels of Oil Reserves: Is This an Oil Price Bubble?
      I agree with the sentiment that weaning ourselves off oil (globally if possible, but mandatory in the US) is by far the sanest course of action. The sooner we start on that course, the faster this painful episode will be over, and woe to us all if we haven't made great strides in clean renewable energy by 2030. The world economy is addicted to oil as if it were heroin. We all sound like a bunch of drug addicts these days, "I know there's more out there, we just have to find it...one more hit man".
      View article »
    • Thu Jun 12th 11:34 AM | Rating: 0 0
      Commented on:
      1,238 Billion Barrels of Oil Reserves: Is This an Oil Price Bubble?
      I'm depressed that humans as a species have not managed to evolve beyond this. Will people in the future laugh when they remember us in the early 21st century fighting over liquified dinosaur remains? Where is my flying car already?
      View article »
    • Thu Jun 12th 10:55 AM | Rating: 0 0
      Commented on:
      Financials Give Up Most of Bull Market Gains
      What is the point of this article? You mean to tell me that financials are down? Oh, now I see it...without those red arrows I would be lost.

      In the future, can you guys please supply a little analysis of the FUTURE price potential in the market? Your articles are jam packed with charts and tables, but these are things that people already know. I mean, you do this for a living correct?

      Don't get me wrong, I don't expect you to tell me exactly what to buy and when, but what am I really supposed to get out of a chart showing me that financials are down? I'd love to start up an advisory service myself, and I've got this wild hunch that Einstein's theory of relativity might have some merit. Are there any physicists on this site who would be willing to pay me for that info?
      View article »
    • Tue Jun 10th 09:02 AM | Rating: 0 0
      Commented on:
      An Oil-Driven Paradigm Shift?
      Wake up people...electric or hybrid vehicles are NOT any sort of solution at this point. Anything that is dependent on electricity today is just as much of a drain on supplies of non-renewable resources as using regular unleaded. For example, one person charging their electric car requires a microscopic increase in the power supplied by the electric grid. If everyone in the country switched to electric vehicles, the additional demand for electricity would be huge. As of 2006, only 28.8% of electricity was produced using nuclear or renewable energy sources...the remainder comes from burning coal, oil, or natural gas. So where does the increased supply of electricity come from in my example above?

      In the short-term we can't crank up the hydro, wind, solar, or nuclear production too much...we will be forced to buy and burn more fossil fuels. So as much as we would love to believe that going electric is the same as going green, it's just not the case yet. We MUST put at least as much effort (probably more) into cleaning up the production of electricity as we do weaning our cars off gas.
      View article »
    • Thu May 29th 14:58 PM | Rating: 0 0
      Commented on:
      Are US Equities a Buy?
      Paul Price nailed it. Do all the analysis you want, I know it has helped my timing occasionally. But buying in stages on the way down and selling in stages on the way up will beat analysis-based timing 9 times out of 10. Notice, I'm not saying buy and hold either. Take your money and run when the markets get silly with overconfidence, but do it BEFORE the top. I was 90% out of equities by mid-year 2007, and I don't say that to brag but just to illustrate my point. No crystal ball is required for this strategy, if you're buying and selling gradually it's hard to go terribly wrong. Switch to a sector or market which is on its way down but likely to recover in due time, and slowly build a position there. Right now I would build that position very slowly indeed, since I agree that things are not as cheap now as they will be by '09.
      View article »
    • Thu May 29th 14:30 PM | Rating: 0 0
      Commented on:
      The Bear Market Has Just Begun
      Blah-Blah,
      I thought all the head-in-the-sand bulls might have learned something in recent months? The clouds are parting, the American economy is invincible, blah, blah, blah...
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»