Boubou

Latest Comments
62 Comments

    • Sun Nov 30th 10:13 AM
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      Rating: +8 -2
      Commented on:
      How Wall Street Has Failed the Individual Investor
      "If you hold a diversified portfolio for the long term you'll be fine"
      "Long term you're looking at 9 to 11% pa "
      " Cash and equivalents will leave you far behind in the race against inflation"
      " A mutual fund is the best bet for the average investor and is bound to beat the limited skills and resources of any individual"

      I have been a good dog and listened to all the bs.

      I am now retiring with about 40% of the money I earned 1 hour at a time with my hands and head.
      Mad ? I have never been so enraged.
      People like me must stay clear of this game.
      The will milk you throughout your working life and then till you die.
      View article »
    • Sun Nov 30th 10:00 AM
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      Rating: +1 0
      Commented on:
      Chart of the Week: Yields on U.S. 10-Year Treasury Notes Below 3%
      Good. Could you add the date and time for this turn please?
      I'm feeling very pent up.
      View article »
    • Sat Nov 29th 08:05 AM
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      Rating: +1 0
      Commented on:
      Market Performance on the Day After Thanksgiving
      There will be several false dawns in the coming year.
      No-one will know when the real one shows up.
      Punters will lose once again.
      The profession will win as always.
      If you worked for your money, stay out of it.
      View article »
    • Fri Nov 28th 09:54 AM
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      Rating: 0 0
      Commented on:
      Dividends: There's No Such Thing as a Free Lunch on Wall Street
      Tosser, I'm with you. most of my retirement dividend stocks are still above average and if I'd gone for growth (starting 1999) I'd be up a much deeper creek than I am now.
      View article »
    • Fri Nov 28th 09:51 AM
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      Rating: 0 -1
      Commented on:
      Dividends: There's No Such Thing as a Free Lunch on Wall Street
      Here is one of the mantras - " hold a portfolio of growth stocks long enough and you'll enjoy (8,9,11% nominal ) returns with low risk".
      So long as your entry point and exit point are OK, they should add. If you are around retirement now , for example you are up the creek. The illusion of future growth is no good to you.
      "diversification, diversification, diversification..........
      Only this time no asset class is OK, except cash.
      But what 'expert' is going to sell you cash?
      Look , they just want you IN THE GAME to milk you dry throughout your working life and then until death do us part.
      Those of us who earned our money the hard way, one hour at a time should no way be in this game.
      View article »
    • Thu Nov 27th 08:50 AM
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      Rating: 0 0
      Commented on:
      Of Olympic Swimming Records and Investing in Today's Market
      I didn't do any good in the previous simplistic world of multiples, mantras and extrapolation.
      It was clear that a regular guy who earned his money one hour at a time should not swim in those waters, infested as they were by giant sharks taking your hard-won dinner.
      Now it is patently obvious. An insured CD is already risky enough for me these days.
      View article »
    • Thu Nov 27th 08:44 AM
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      Rating: 0 0
      Commented on:
      Bond Expert: Wednesday Outlook
      Someone who can find their way to this blog, can probably look up the daily bond market details without any help.
      What we are looking for is a bit of interpretation and useless speculation on future trends.
      View article »
    • Tue Nov 25th 11:47 AM
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      Rating: 0 0
      Commented on:
      Markets Punish Dividend Cutters
      Several industries, such as shipping pay most of their profits as dividends, for good reasons. Shipping is cyclic, volatile and can grow no faster than international trading volume.
      So very little value to own without good dividends. Cutters in shipping and energy rightly lose half their value in a hurry.
      View article »
    • Tue Nov 25th 11:42 AM
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      Rating: 0 0
      Commented on:
      Why Don’t We Buy Stocks When They Are on Sale?
      It may take 10 years for stocks to recover even their nominal value. In real terms, maybe never.
      View article »
    • Sat Nov 22nd 08:30 AM
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      Rating: 0 0
      Commented on:
      When Stocks Go to Zero
      Kofi, your comment reminds me of something Cramer said last week in a fit of honesty on a late chat show. It amounted to recommending 'Little house on the prairie' for a guide to getting through the next few years.
      View article »
    • Sun Nov 16th 08:33 AM
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      Rating: +1 0
      Commented on:
      Watch Peter Schiff: It Pays to Be Contrarian
      Thanks for giving some more exposure to this extraordinary video.
      This should be compulsory viewing for investors.
      I hope Ben Stein and the rest , steering poeple into disastrous investments see it frequently.
      In retrospect, , Peter should have put his clients in cash, not gold, commodities, foreign dividend payers, so that could now re-enter and clean up, but then he is selling stocks after all.
      I wish i had listened to him and others such as Weiss, Rogers and Roubini and then cashed out 9 months ago
      View article »
    • Sat Nov 15th 12:07 PM
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      Rating: 0 0
      Commented on:
      Is Hyperinflation on the Horizon?
      There seems to be a problem in predicting future events. This is the underlying problem.
      Computers , models and algorithms have not helped at all.
      All ( almost all) experts have been proved full of sh1t. Make the effort to see the video of the year featured on seeking alpha , from you-tube;-

      seekingalpha.com/artic...

      The funniest thing is, these buffoons get paid big money to advise everyone and lose their savings for them.

      As Schiff turned out to be right, and all the cnbc heads turned out to be total buffoons, I am tending to go with Schiffs hyper inflation scenario rearing its little head in late 2009. A view endorsed by a UBS adviser but only when the vino installs a little veritas in him. He wishes to remain anonymous.

      My plan is, having lost 60% on my stocks in the last 9 months, I will switch to the calmer bond arena, there to lose another 60% when everyone sees the hyper inflation coming.
      If there is any cash left after all that, inflation should have rendered it worthless and all my problems will be gone.
      Farming is a bit tough for the seniors. I will probably become a financial advisor.


      View article »
    • Wed Nov 12th 10:12 AM
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      Rating: 0 0
      Commented on:
      General Electric Moves On Down the Largest Company List
      I see my ge long term bond is trading more like AA- than AAA.
      Is this ominous?
      View article »
    • Mon Nov 10th 08:02 AM
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      Rating: +3 0
      Commented on:
      Don't Let Bulk Shippers Sink Your Portfolio... For Now
      FRO is not a bulker. It is the largest single tanker operator.
      Rates have not collapsed in this area.
      View article »
    • Sat Nov 8th 11:04 AM
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      Rating: 0 0
      Commented on:
      Country Default Risk
      Leap2020 makes a good case for US default in mid 2009.
      View article »