Good call on the preferreds. I loaded up on PFF towards the end of 2013. It's really helped ride out the stock market volatility this year. EFA is probably going to be a good choice for this year too. Depending on the account, I get my foreign exposure through a combination of VWO (emerging), VGK (Europe), and VXUS (ex-US).
I'll throw out another. VRNT is on the verge of their next wave of growth. They had a huge run up last year but have been whacked hard during the sell off. They just bought a company called Kana which will grow their customer base by 10% and provide an enormous opportunity for cross-selling. I think the PE is around 10x 2015 earnings. A couple analysts recently put a price target of $55 on it, which is roughly in line with my estimate of fair value.
Interesting. Early on I invested in a small oil company that went bust after drilling a dry hole in the ground. I've never been able to bring myself to invest in small cap commodity producers since then...
I'm young. I don't have millions of dollars. But if that kind of money turns you into miserable old fool who feels trapped in a stock, I don't think I want it.
If you can't be happy owning PG because you hate management, and you can't be happy selling PG because of the tax consequences... then it sounds like more of a burden than a blessing. What's the point?
The market's going on sale. What are you buying?
I'm buying the crisis in emerging markets through VWO index fund. It may be years until I see a return, but the best time to buy is when there's blood on the streets. Also might add to my stake in Diageo. Their brands are a who's who in the world of beer and spirits. It's not often you get a buying opportunity in such a high quality company.
Age test. Look up "taint" on Urban Dictionary if the name "win taint"
doesn't make you giggle.
Jeff Jacoby promoted the Oregon Institute petition as delegates convened for the United Nations Framework Convention on Climate Change in 1998. Jacoby, a columnist for the Boston Globe, said event organizers "take it for granted" that global warming is real when scientists do not agree "that greater concentrations of CO2 would be harmful" or "that human activity leads to global warming in the first place." George Woodwell and John Holdren, two members of the National Academy of Sciences, responded to Jacoby in the International Herald Tribune, describing the petition as a "farce" in part because "the signatories are listed without titles or affiliations that would permit an assessment of their credentials." Myanna Lahsen said, "Assuming that all the signatories reported their credentials accurately, credentialed climate experts on the list are very few." The problem is made worse, Lahsen notes, because critics "added bogus names to illustrate the lack of accountability the petition involved". Approved names on the list included fictional characters from the television show M*A*S*H, the movie Star Wars, Spice Girls group member Geri Halliwell, English naturalist Charles Darwin (d. 1882) and prank names such as "I. C. Ewe". When questioned about the pop singer during a telephone interview with Joseph Hubert of the Associated Press, Robinson acknowledged that her endorsement and degree in microbiology was inauthentic, remarking "When we're getting thousands of signatures there's no way of filtering out a fake". A cursory examination by Todd Shelly of the Hawaii Reporter revealed duplicate entries, single names lacking any initial, and even corporate names. "These examples underscore a major weakness of the list: there is no way to check the authenticity of the names. Names are given, but no identifying information (e.g., institutional affiliation) is provided." According to the Petition Project website, the issue of duplication has been resolved. Kevin Grandia offered similar criticism, saying although the Petition Project website provides a breakdown of "areas of expertise", it fails to assort the 0.5% of signatories who claim to have a background in Climatology and Atmospheric Science by name, making independent verification difficult. "This makes an already questionable list seem completely insignificant".
You can't even watch the Super Bowl without turning it into a rant about a non-existent socialist conspiracy. I literally hope you die.
It's not complicated. You don't have a legal agreement to write for Yahoo. Your posts are here to keep you coming back, so they can show more ads to you. If you don't like it you can go away (I wish you would).
If you can't figure out what product is being sold, you ARE the product. Yahoo sells advertising, McDonald's sells food. You have as much right to draw a salary from Yahoo, as a hamburger does from McDonald's.
"But, but... the charts bear a passing resemblance to each other!"
The Reformed Broker did a good post called "Games People Play: That 1929 Analogy" which thoroughly debunks the 1929 vs 2013 chart.
Your fanciful solution leaves out that pipelines explode as well. There was one a few days ago in Canada that sent flames 300 meters into the air. Just a matter of time until an explosion happens in a populated area, right Mr. Actuary?
I reallocated a ton into foreign markets recently as well. I'm sitting around 50% US, 50% ex-US. That could end up causing a lot of near-term pain, but over and over again history shows that buying during periods of turmoil is a good long term strategy.
Whatever you say, Ms. Angrypants. It sounds like you're getting no joy out of your supposedly massive pile of PG stock. Do you own it, or does it own you?