I only own 250 shares of YY, bought at the beginning of 2013 when the pps was around $16 a share. My total investment was a bit less than $4k. Now the investment is nearing $22k in value. Sorry I didn't buy more, but hindsight is worthless when investing.
"Younger people are having to pay twice to 3 times their actual "insurable risk" for their health insurance policies in order to pay for huge subsidies for Obama's supporters..."
That's ironic because 'younger people' have been one of the biggest blocs of Obama's supporters. These younger voters voted for 'HOPE and CHANGE' and now they're getting it from the man they voted for.
PS: Obama is also going to stick them with the National Debt of $17trillion+++. Maybe younger people shouldn't be so zealous about jumping on a populist politician's bandwagon.
Note, I have paraphrased this article to fit it in the required space:
As the Economy Grows, So Do These 3 Railroads' Profits
By Bob Ciura | More Articles | Save For Later
December 31, 2013 | Comments (0)
Companies that operate in the industrial sector of the market are highly dependent on the overall economy. Nowhere is this more apparent than in the railroad industry, where volumes and rates are very closely tied to the swings of economic activity.
Now that the United States is several years removed from the heart of the financial crisis, business is showing undeniable signs of improvement for the nation's railroads. In turn, they reward shareholders with reliable growth and solid dividends. As a bonus, Norfolk Southern, CSX, and Union Pacific are still reasonably valued, meaning the investment case for the nation's railroads is still compelling.
Why railroads are great businesses
The railroad industry can take pride in the fact that one of the world's most famous investors, Warren Buffett, is a huge fan. His conglomerate Berkshire Hathaway purchased Burlington Northern Santa Fe for more than $26 billion in 2009.
Buffett's long-term proposition then, as it is now, is that high fuel costs would shift business away from the trucking industry and toward railroads. Moreover, as commercial activity in the United States normalized following the worst recession in decades, the railroads would be one of the first industries to recover. Those factors are still largely true when it comes to Norfolk Southern, CSX, and Union Pacific.
Pricing gains and shipment volumes are showing improvement for the railroads, resulting in improving core metrics. Coal is no longer the huge drag on results that it had been for most of the year. next year should be another year of growth for Norfolk Southern, CSX, and Union Pacific. Adding to the merits of railroad stocks is the fact that they're still modestly valued, especially when compared to the broader market.
I want to thank CSX, it's management team, and it's workers for a great year in 2013. As a retiree, not a railroad employee, who invests in many and diversified dividend paying stocks, in order to support my retirement lifestyle, I gained about $30k this year from owning CSX shares (3000 shares).
You know what? I don't really need that $30k and am not going to sell any of my CSX shares. I don't really need or want anything. Investments/Shares like CSX will provide a bulwark for the financial security of my heirs, inheritances are how familys build up wealth over the decades.. Thanks again to CSX.