Thank you for your generous response. Much of what you offer is in keeping with information I've considered. Given your cautionary note about sizeable denominations, it sounds as though I should hold off for another ten years, and then adjust my portfolio. Again, I appreciate your thoughtful message.
"As I have stated, I am 87% in muni bonds, and I have only one stock which makes up the other 13% of my portfolio. That stock is FRO....(given my objectives, financial situation, time horizon, risk tolerance, etc)."
My particulars (e.g., objectives, financial situation, etc.) are probably different than yours, but I've been thinking about investing in some munis. Have you found them to be relatively safe investments? Is there a downside to starting with small sums (e.g., $10K)? Thanks.
U.S. Existing Home Sales Rise in March
WASHINGTON (Reuters) - Sales of existing U.S. homes rose 1.0 percent in March to the third-highest level on record as an increase in single-family sales offset a dip in sales of condominiums, a trade group said on Monday.
Excerpt from Reuters:
Toll Brothers Q2 contracts, revenue rise
Tue May 10,10:27 AM ET
Toll Brothers Inc. (NYSE:TOL - news), a builder of luxury homes, on Tuesday said the number and value of contracts signed in its fiscal second quarter rose sharply as demand surged throughout most of the United States.
Toll said its second-quarter end backlog of about $5.9 billion worth of homes under contract to be built was the highest in company history, up 57 percent from a year ago.
Diamond Foods worth $44 in a break-up scenario, says KeyBanc
Theflyonthewall.comTheflyonthewall.com – 7 minutes ago
KeyBanc said Diamond Food's FY11 earnings power is $1.80 in a worse case scenario and that fair value in a potential break-up is $44 per share. Shares are Hold rated.
April 22, 2008, 3:37 pm
Utility chief: we want to fuel the auto industry
PASADENA, Calif. — If you wanted a snapshot of the emerging alliance between utilities and automakers, the car park of the Langham hotel here was the place to be Tuesday morning. There was the CEO of one of the largest utilities in the United States putting the pedal to the metal of the battery-powered Think City with Think Global CEO Jan-Olaf Willums riding shotgun.
“I liked it a lot,” PG&E (PCG) Chairman and CEO Peter Darbee told Green Wombat after a few spins around the hotel in the electric coupe. “The acceleration was fast, it handled well and it has a European feel.”
We had just finished a Fortune Brainstorm Green session on electric cars (along General Motors’ (GM) executive Beth Lowery), where Darbee declared, “We want to replace the oil industry” as the fuel supplier to the automakers..."
NEW YORK (Associated Press) - Eagle Bulk Shipping Inc., which operates a fleet of drybulk vessels, said Tuesday its first-quarter earnings soared 69 percent as its expanded fleet benefited from rising charter rates.
Oil Falls Third Day as Dollar Gain Limits Appeal of Commodities
By Christian Schmollinger
April 25 (Bloomberg) -- Crude oil fell for a third day as the dollar's gains against the euro curbed investor appetite for commodities as an inflation hedge.
Oil is set for its first weekly decline since March 21. The dollar climbed on expectations the Federal Reserve may stop cutting interest rates. Gold, wheat, silver and corn prices also dropped.
``The stronger dollar means that we see people taking profit here,'' said Anthony Nunan, an assistant general manager for risk management at Mitsubishi Corp. in Tokyo. ``People seem to think that the steep drop in interest rates is over. If everybody starts rushing for the exits you could easily see a $10 drop in oil prices.''
ATPL may or may not trade down on April 11.
You might want to look at FNF.
It payed a $10./share dividend today, and it is trading strongly up.
Crude Oil Rises to $90 After U.S. Economic Stimulus Plan
By Christian Schmollinger
Jan. 25 (Bloomberg) -- Crude oil rose for a second day, trading near $90 a barrel in New York, after U.S. lawmakers announced an economic stimulus package to avoid recession in the world's biggest energy-consuming country.
Actually, you might want to take another look. FNF was trading in the $40. range yesterday. Today, the FNF PPS dropped for the $10./share dividend, and it is now (7:49 a.m. Pacific Time) up 1.19.
Hello, doremefas...and thanks for your post. Do you happen to know approximately how much of CALC's business is in Brightwater? And does your name (doremefas stem from work you do as a musician(e.g., do,re,mi,fa,so...)?
As of 3/1/06, Investor's Business Daily notes that "Advantage Energy Incm Fd has outperformed 94% of all publicly-traded companies based on its short and long term earnings growth rates."
It gives a high relative price strength rating based on "the stock�s current price relative to its 52 week price high, moving average trends, recent and past price and volume activity."
Advantage Announces Year End 2005 Reserves
Tuesday February 28, 3:07 pm ET
(TSX: AVN.UN, NYSE: AAV)
CALGARY, Feb. 28 /PRNewswire-FirstCall/ - Advantage Energy Income Fund ("Advantage" or the "Fund") is pleased to announce the results of its year end reserve evaluation which is based on an independent engineering study conducted by Sproule Associates Limited ("Sproule") effective December 31, 2005 and prepared in accordance with National Instrument 51-101 ("NI 51-101")....
Highlights - Company Interest Reserves (Working Interests plus Royalty
- Proved plus probable ("P+P") reserve life index increased by 21% to
- Replaced 106% of annual production at an all-in Finding, Development &
Acquisition ("FD&A") cost of $12.92 per P+P boe before consideration
of future development capital. Including future development capital,
the FD&A cost was $17.17 per P+P boe. Note that there were no
acquisitions completed in 2005.
- Net asset value using a 5% discount factor increased by 61% to $23.95
Fitch Ratings-London-20 August 2009: Fitch Ratings has downgraded the ratings of hybrid securities at Lloyds Banking Group plc (LBS), Royal Bank of Scotland Group plc (RBS), ING Group, Dexia Group, ABN Amro, SNS Bank, Fortis Bank Nederland and BPCE and certain related entities.
Bank of Scotland plcPreferred stock downgraded to 'B' from 'BB-'