Yes, I run the financial end at my place of employment and make financial decisions on a weekly basis.
Oh, the "Trust your gut" method of investing. Your investment makes sense now.
Bonds were down today and thanks for asking. Have you invested on bonds before? If not, please do not hesitate to me questions, even though they may be basic to even the most simple investors.
How can I get a thumbs down for liking a bond that yields 9.6% ?
Let's really try to work together on this board !!
Agreed. Probably one of the most pathetic interviews I have ever seen. Glad people got to see the real Cam Newton.
I'm sure you were a class act when doing interviews for the Raiders.
I think the bonds are a better holding over the next six months. Unless you want to lose 30% with no dividends to show for it.
I would not recommend letting your kids retire if an investment of yours would turn out well. Many wealthy families have done this, only to see the lives of their children ruined.
Sometimes if you go for the wild ride on the horse you will get thrown off. I think bonds that yield 8.5% in a tax-free account are a decent investment.
I thought the debt looked fairly attractive as well. Have some concerns about margins shrinking at the company, which are already fairly slim. Agreed that it may well hit the fives again in the near future.
If you like the company, you may just want to consider buying some of their exchange traded debt. The symbols are TANP, TANN and TANO. At the present time, I would not own the common shares and believe they have a lot more downside potential. The debt is best held in a tax deferred account, at least in my opinion.
It was real classy. Plus, I liked the way he wore his hoodie to the interview. I would have worn a suit and congratulated the other team for their efforts.
Kmart had $17 billion in assets and $11 billion in liabilities when they filed for Chapter 11. That is $6 billion in book value - and much was leasehold improvements that became worthless. Guess this is why I am the big CPA.
It is future rents that are due to lease obligations. As a CPA, accounting standards require that it is on the balance sheet - but I am not in total agreement with that accounting statement, as I really do not consider it "debt."
Most of the noncurrent liabilities are the lease payments due to HPT.
The long-term debt consist mainly of exchange traded bonds. QuantumOnline is a good place to provide details on the debt. I do own some of their debt. It is a high-risk holding, but yields about 8.5% and matures in the 2028 - 2031 general range. All three debt securities are trading below par now.
They rent the location, but do own their own sign, as HPT is not going to put in a piece of equipment like that.