bayman...I check out this message board almost every day, as I also post messages on the 'old format and the new format' of SFL...I just posted a message on the new format that I feel SFL is at a good point to add more shares...SFL is my very long term cash machine and I am staying the course...I will have some farm income to add to my accounts in the next 30 days...
I also feel that the I.V. AMNB message board is getting to be almost useless (???), because they 'talk in circles' and have a lot of weird ideas about investing...i.e. most of them never discuss high yields, dollar cost averaging, Total Returns, Compound Returns, p/e ratios, technical indicators or do much, if any research (most of it is always opinions)...and then they think we are lying about our results...! I wonder why some investors are so lazy and bullheaded (???)...this is a strong month for my revenue stream (SFL, KCAP and NRZ are next)...! Stagg...!
Board members...bayman posted an outstanding message on the I.V. AMNB message board about how he sold his NYMT holdings for a loss yet made a lot of profit on his dividends over several years (Total Returns)...what bayman did not tell investors was 'how much more he made by reinvesting' the revenue stream from his NYMT holdings...
bayman, is an outstanding investor and here is the way it works...i.e. $10,000.00 invested for one year at 12% yield will be $11,200.00, however, $10,000.00 reinvested 'at compound returns' over 4 years is $15,735.00...my point is, that bayman's Total Returns on NYMT and then compounded were a lot more ($14,800.00 vs $15,735.99 or $939.00 more)...bayman is a long term successful and outstanding investor because of his high yields and compound returns (and he had a lot more than $10,000.00 invested in NYMT over 4 years, as I just used this as an example)...! Again, compound returns always win and it pays to reinvest...! Stagg...!
sarge...it Thursday and we are still green, my holdings are still on the fast track and my revenue stream is flowing strong...I may be gone for a few days as I have a lot of dirt to spread from dredging out two of my lakes...I also have a lot of waterways to mow and corn to get to market...! Investing and farming is a lot of fun and because of that I am a very lucky guy...! Good luck and keep the faith...P.S. FRO, CEFL, MORL and DHT are all doing great today...! Stagg...!
Board members...so far this sell off after Labor Day has not been as bad as I expected and while the averages are down today I am up strong...my next move is to sell some of my FRO (yield about 11.5%)holdings and move those funds in more DHT (yield about 22.5%)...FRO and DHT have about the same color, but DHT has a better yield (and I can get twice as much, with the same risk)...I also still plan to start a position in DLNG, if I can catch a pull-back in the share price...! This market is still sweet and I am fine with the current results...! Stagg...!
Board members...back in March I posted that we would probably get a strong Mid-Summer Rally and we did...I have also posted 'several times' that we would probably get a strong sell-off after Labor Day and we have...this will all pass, in good time, and we will probably have a very strong Santa Clause Rally near the end of the year...! That all being said, this is a poor market to be trading in and out of...probably best, to just collect our yields and look for bargains (as there will be plenty)...! Stagg...!
William...excellent message (a thumbs up for you), its true, we have to be ready to change as the stocks/markets change in the future...please remember, that we decide when to buy or sell but the computers determine the price (unless we set it)...the crash on Friday (09/09/16) has a dirty smell to it...
Not only do we have to pick the right stocks, 'we also have to beat the crooks' as they are everywhere' and always playing a new game...more, just because we read it 'does not mean it is true'...we should only trust ourselves...i.e. look at Wells Fargo and the games that some of their people played on the investors (and there will be others in the future)...! Stagg...!
William...I am 'for sure buying' something on Monday, probably all three...my take is, that the markets/stocks always over correct (to high or to low), but it is not to hard to make money 'in the middle' (I can 'catch the middle' easier than the high or low)...if I can keep increasing my revenue stream, eventually my principal will follow...
I never follow the crowd, because the crowd is usually wrong...i.e. its crazy to not invest in high yield stocks with sustainable yields, for the long term...while I follow my 12 technical indicators, I also feel that most investors trade to much, as I invest for the longer haul...I do take some profits for core holdings balance, but most of my reinvestments are from revenue stream...
What good does it do to have a lot of funds on the sidelines when a) investors may miss a future rally. b) they miss the revenue stream fro those funds. c) they also miss out on the compound returns. More, a lot of the investors that disagree with my model are usually in a bad mood and get upset when I post my Total Returns, why is that (???)...! Stagg...!
Board members (09/11/16)...none of my holdings went bankrupt or stop paying out their yields over the weekend and I am going to take advantage of it...everything looks good and I will start a position in DLNG (yield about 11.1%) and add more DHT (yield about 21.6%) and KCAP (yield about 13.1%)...! Stagg...!
hoops...SFL went x-dividend today, so the fact is that is, it has not dropped much in share price...my opinion is, that stocks always over-correct (they go to high or to low), but its not to hard to make money in the middle...! SFL is still a good buy right here and now (for the long haul)...! Stagg...!
Board members...FRO, DHT, KCAP and SFL are my daisies today...this it the time of the year that our portfolios 'start to suffer', but it has not started yet...my next buy, will probably be DLNG (yield about 11.4%), if I can catch a pull-back on it in the share price...! Stagg...!
Board members...it looks to me like SPHS is paying about 10 people a lot of money until they simply go broke...! Not a deal good for the shareholders...! Stagg...!
Sentiment: Strong Sell
palestone...try http://us.finance.qa2p.global.media.yahoo.com/mb/SFL/ and if you get it, then make it a favorite...! Stagg...!
palestone (its good to see you here)... most of the old crowd is on the I.V. message board (including me)...however, sometimes fewer people is better...SFL may get cheaper, but it is still a good buy, right here and now (nice yield and a solid long term investment)...! I also plan to add more SFL (very soon)...! Stagg...!
William...you, bayman and myself have some of the highest Total Returns among others this year, yet some keep telling us that we are doing things wrong...my principal is now up over 48% YTD and my revenue stream is still growing and that is better than a 'sharp stick in the eye', lol...! I also remember when a lot of investors said I was wrong about LINE (they said their hedges and reserves would save them) and I said they were not getting enough product out of the ground and into the market place (and I was right)...! Good luck to you to...! Stagg...!
Board members/sarge...KCAP (yield about 13.5%) is rated a 100% buy 'on all' of the 12 technical indicators that I use (and this is a bit rare)...KCAP has improving color and has several recent upgrades i.e. one upgrade puts a $12.00 target price on it (very unreal, but if it stays at the current price and continues to pay the current yield, it is fine with me)...! I will start a new position in KCAP today...! Stagg...!
sarge...first, I do not hold any MLP's anymore as I feel they are not worth the trouble; second, you are sitting on a nice profit, why not wait and see if there are some decent bargains available after Labor Day (a few weeks will not make that big of as difference)...! More on some of this, later on, after I check them out for you...! Stagg...!
sarge...the current color 'does not look good' with NAT...NAT (yield about 9.9%) is rated a 60% sell on the five short term technical indicators I use, a 50% sell on the four medium indicators and a 100% sell on the three long term indicators I use, for an over-all average of a 72% sell...! I will stop right here as it don't look at all good to me...! Stagg...!
sarge...I don't think you should buy anything at this time (zero) as you have plenty of cash on hand going into the Bloody October time frame (after Labor Day)...you are now 'in the sweet spot' and able to take advantage of some good stocks, if we have a strong market pull-back...! I will check out NAT later on and get back with you on it...! Stagg...!
update...I took some profit on BDCL today because of its price surge...and PSEC just turned in decent earnings and I may take some more profit on PSEC tomorrow if it increases in share price...! Both PSEC and BDCL 'remain core holdings' and I am well pleased with them...PSEC is now up 27.7% YTD in Total Returns and BDCL is now up 35.4% YTD in Total Returns...! Stagg...!
Board members...at this time, my daisies today are NRZ (yield about 13.2%) and MORL (yield about 20.6%)...this is a nice way to start the week, I hope it holds up...! I will probably take 'some more profit' on BDCL (yield about 15.6%) next...! Stagg...!