A more pressing question:
Why oh why are you posting such an off topic post on an INVESTMENT; specifically KMI equity, message board?
My answer: you are seeking attention; something I unfortunately just gave to you (for all of eight seconds-- you are now out of my mind)
I love the fact that Kinder insists that he won't sell any of his KMI shares, but here's some perspective:
KMI's quarterly dividend was increased by a penny. Based on Kinder's KMI holdings A/O 12/2/14, that one penny increase equals an additional $2,448,460 into Rich's hands! Total quarterly payment to Rich: $110,181,100. Although KMI represents most of Rich's wealth and it is prudent to be diversified, when one is at the level of wealth such as Rich, diversification may be a moot point given he must have a few hundred million bucks in cash type holdings or other investments. The only meaningful downside if KMI were to disappear is that the recipients of his estate will receive less.
Well done, Rich!
You beat me to it; what a contradiction in that poster's posts!
Loved your earlier statement: "Usually if something looks like it's wrong in the market, you'll find out what by looking in a mirror."
You consistently write great posts--Cheers.
Actually FBIOX has outperformed.
Perhaps you made the same HONEST mistake I did a few months ago. A particular poster tar and feathered me for doing so, even after I acknowledged my mistake and provided ACCURATE return numbers.
If you simply did a comparison of FBIOX & IBB on YahooFinance, you'd only be seeing a share price comparison that does not include any distributions.
I just did a three year comparison on a Bloomberg for 2/24/12 - 2/24/15.
First figure is simple price appreciation; second is Total Return (this includes distributions):
FBIOX 148.08% 195.00%
IBB 180.55% 182.50%
Given you have no clue what RoundUp is used for, I'm sensing you are once again LYING.
Sure is FUN! to post, isn't it?!!!!
KMI's next dividend will be paid in February; it has yet to be declared. For perspective, KMI's Feb div was paid 2/18 with 1/29 ex date; declared 1/15.
A great resource for dividends is the Nasdaq site. Easy way to get there is to Google "KMI dividend" or whatever company you are interested in and hit the first result.
Please remember mutual funds are LONG TERM investments.
It would be nice if every time an investor bought shares, the share price would only go up. But we live in reality and in reality, it doesn't work that way. I entered into biotech over ten years ago and in hindsight, my timing was terrible given my position dropped around 50% and hung down in that area for a few years. I did sell a small portion last spring.
There is no need to micro watch a mutual fund; in your case, by doing so, it appears you become even more jittery. This may affect rational thought resulting with an unwise decision.
Again, what weighting does your biotech exposure have relative to all your investments?
To state the very obvious, biotech is volatile.
"If you can't stand the heat...."
Seriously (there's no need to shout), why was I able to determine where all the Shacks are in MA, Las Vegas, DC, Chicago and all of their international locations?
You appear to have been "horribly" educated.
On that note...Cheers!
"Alex: May I have Frequently Spammed Stocks on Yahoo Finance Message Boards that have ZERO posts on their own boards for $200"
Alex: "This is a junk company"
bevubucyfij: "What is Start Scientific?"
Does your "chart" tell you this LOL???
You're quite the rabble-rouser! Nice silly post on the KMI board.
Why not just invest, reinvest divs and hold some stocks instead of posting National Enquirer type posts?
Sure is FUN! to post, isn't it?
From 24/7 Wall St.; can be found below quote:
"It turns out that Kinder Morgan was not only not sold by MLP mutual funds. It was held, and by a large margin. In fact, Kinder Morgan is now a top holding for many of the closed-end funds which hold the MLP sector. After reviewing the prospectus and proxy materials for these funds, most of the closed-end mutual funds have the luxury of holding “companies” on top of partnership interests — some can even hold private companies as well. On the flip side, ETF and ETN products tracking an index may have more strict limitations."
"a better entry point"
Thanks for making it clear that buying JNJ under $100 would be "a better entry point" than its current, higher price.
That said, what happens IF JNJ does not trade below $100?
It's fun to post!
Way to stay on topic.
Typical; when one doesn't have a clue what is being discussed, they divert to politics and their imagination...how's that working out for you?
You mentioned the conference call...
Here are a few quotes from it:
"We think we can do in the Bakken the kind of expansion that we did on our Kinder Morgan Crude and Condensate system down here in the Eagle Ford, which has grown from less than 50,000 barrels a day throughput to having virtually all of its 300,000 barrel per day capacity contracted for in future deliveries. So think of what we’re doing as building a spider web that we intend to expand over the coming months and years."
"We believe that the risk of the oil being produced is largely mitigated by the quality of the acreage that is dedicated to Hiland and will be driving the economics of the oil gathering. As we mentioned in the release, the acreage driving our economics is largely located in McKenzie, Mountrail and Williams counties and represents some of the best drilling economics in the Bakken and in North America."
"Again, let me start with this, and I'm not sure if we posted this on the Web site, but if not, we should have. If you look at acreage around the country and what are the breakeven price is based on WTI prices, this area of the Bakken is right at the top of the list. It's one of the two top producing basins in terms of breakeven prices. So we don’t think that it is nearly as bleak as other parts of production are if you want to use that word."
Where's your alter ego "scam_from_day_one?
No, I feel only the need to apologize for my transgressions, not those perhaps made by a news outlet. Guess what? I have NEVER watched Fox news. Here's another one for you: I never check the box on my 1040 to donate 3 bucks or whatever to political parties or whatever it is...Regarding politics, I have donated funds only once and that was for Bernie's re-election a few years back; my incentive? A free "Bernie" T Shirt.
ralph, you need to chill.
Guess what? The biotech sector will not always be in favor and it won't always have performance numbers as it has in the past few years. That is why it makes sense to own different sectors and or stocks. I've been in the sector for 10+ years and you know what?, although my entry timing was terrible, from point A to B, my return has beaten the overall market; that's a win. Dollar amounts invested are irrelevant, but I'm curious what percent weight your FBIOX holding is relative to all your investments. You just bought shares and now you're posting buyer remorse type posts. Could biotech be topping out? Yes, no, maybe. Re-read swanstedt's excellent post. Mutual funds are for long term investing.
There's no need to either micro manage individual holdings as some are prone to do, nor look at a fund's daily NAV...doing so will drive you crazy, unless you are already there.
Let me guess: you're a millennial?
Why not engage in constructive dialogue? Why do you get defensive when I challenge your "thinking"
SHAK is NOT comparable to MCD. That is my opinion. I already stated two reasons.
Why do you think they are comparable?