Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: O.K., so seeking investment advice
Old 05-27-2005, 07:40 AM   #21
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Laurence
... DW and I figured our net worth would go up about 70k this year,
That's a great in light of the market. I would be happy even if the gain is flat.
__________________

__________________
May we live in peace and harmony and be free from all human sufferings.
Spanky is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: O.K., so seeking investment advice
Old 05-27-2005, 10:03 AM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: O.K., so seeking investment advice

I'll go out on a limb here: PLMD. Pinned around 34 until they complete the tender offer next month, but looks to me like they will be north of 40 in a year's time. Pays a modest div, too.

Fair disclosure: I have been long this stock since the bad, old days.
__________________

__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 10:22 AM   #23
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: O.K., so seeking investment advice

One small regional I am watching is VLLY. Valley is based in Las Vegas, NV. and very strong deposit growth which I like to see. But as I said the small regionals in good geographic areas are jumping up I believe in response to strong results and in anticipation of buyers. VLLY has not been public long which adds to the risk and it does not pay a divi yet. Saw it drop to $25 a week or so ago and it zoomed back to $30. I would think increasing rates would cool it off a bit but still waiting.
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 11:14 AM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: O.K., so seeking investment advice

VLLY looks OK, but has a TON of exposure to the vegas RE market. Better hope that doesn't blow up. I like FMAR better and it is a lot cheaper.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 11:57 AM   #25
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: O.K., so seeking investment advice

Yeah VLLY is high exposure to LV market. You have to pretty much assume LV growth will stay strong & real estate moderate. On the other hand, if a larger bank wanted to make an aquisition, VLLY is a very concentrated play on LV market.
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:01 PM   #26
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

O.K., so stupid question on dividends, a yahoo quote on microsoft shows a 12% dividend yield. That can't be right! Could someone explain?
__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:04 PM   #27
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: O.K., so seeking investment advice

http://moneycentral.msn.com/detail/s...te?Symbol=msft

__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:07 PM   #28
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

ah, yahoo has a typo:

http://finance.yahoo.com/q?s=MSFT

__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:09 PM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

That would be the $3 special probably one-time dividend microsoft paid out last year. Very unlikely to become a continuing event.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:36 PM   #30
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: O.K., so seeking investment advice

Damn I can't keep up with TH's daily name changes
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 12:37 PM   #31
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Who the hell is "TH"?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 01:19 PM   #32
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Re: O.K., so seeking investment advice

Quote:
Originally Posted by brewer12345
I'll go out on a limb here: PLMD.* Pinned around 34 until they complete the tender offer next month, but looks to me like they will be north of 40 in a year's time.* Pays a modest div, too.

Fair disclosure: I have been long this stock since the bad, old days.
Well, clearly an opportunity was missed on 24 May. But everyone seems happy to pile into the auction's "sure thing".

Any idea how the price changes in these auctions after the tender closes? Does it revert to the price that PLMD pays for its own shares, or will it float with the market again?
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 02:27 PM   #33
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Spanky
That's a great in light of the market. I would be happy even if the gain is flat.
I meant how much of our salary we will save + pay down on mortgage debt. If the markets go up, that will be gravy. This is the first year we've really begun to save big time money. We may be able to retire in 14 years after all!
__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 05:40 PM   #34
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Re: O.K., so seeking investment advice

Interesting thought Laurence. I bet if you bought an ETF you would be less inclined to panic or feel buyer's remorse if it drops. Mentally you will prb tell yourself you did no wrong & made a good bet on a bad sector. But if you bought one stock you will prb tell yourself you did the wrong thing & made a bad bet on a bad stock. Think about it. 'Deep Thoughts' by Jack Handy.
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 07:09 PM   #35
Thinks s/he gets paid by the post
 
Join Date: Dec 2002
Posts: 3,875
Re: O.K., so seeking investment advice

Quote:
Originally Posted by wildcat
Interesting thought Laurence.* I bet if you bought an ETF you would be less inclined to panic or feel buyer's remorse if it drops.* Mentally you will prb tell yourself you did no wrong & made a good bet on a bad sector.* But if you bought one stock you will prb tell yourself you did the wrong thing & made a bad bet on a bad stock.* Think about it.* 'Deep Thoughts' by Jack Handy.*
Is Jack Handy related to W.C. Handy? Just curious. Getting the blues over your stock picks can sure muddy the waters.

JG
__________________
MRGALT2U is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-27-2005, 10:19 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Reason why it sounds familiar to you John is that Jacky Handy is related to Mary Palm...

Laurence...you might be taking the same trend I took...I bought a lot of individual stocks, then bought ETF's...mostly QQQ's although I grabbed some sector picks...then REITS and managed balanced funds...then added some sector picks back to the reits and managed balanced funds. Someday I'll dribble into indexes I suppose.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-28-2005, 01:11 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Nords
Well, clearly an opportunity was missed on 24 May.* But everyone seems happy to pile into the auction's "sure thing".*

Any idea how the price changes in these auctions after the tender closes?* Does it revert to the price that PLMD pays for its own shares, or will it float with the market again?
My limited experience with tender offers is that the stock usually does very well after the tender is complete. I watched PPD run up about 50% after they completed their tender last year. PLMD's tender is a lot bigger as a % of the total shares outstanding, so it may be that things will be even more interesting. In any case, I don't think you'd want to buy just because of a tender offer; you have got to be interested in the underlying business. PLMD is the biggest supplier of diabetes testing supplies and related services to Medicare beneficiaries. They also have a rapidly-expanding mail-order pharmacy and a respiratory meds business in run-off. The current plan is to get into the business of providing diabetes management services to HMOs and other payors. Every study I have ever seen shows that diabetics who manage their disease are far less costly to the insurer and have better quality of life than those who don't. Should be an easy sell for PLMD, IMO. You also get the benefit of and incredibly fast-expanding potential market because all us fat ass Americans are getting diabetes at epidemic-type rates.

Still, do your own due diligence. I have owned this stock for years, and it has been a bit of a wild ride at times.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-28-2005, 01:47 PM   #38
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Re: O.K., so seeking investment advice

Quote:
Originally Posted by brewer12345
My limited experience with tender offers is that the stock usually does very well after the tender is complete.* I watched PPD run up about 50% after they completed their tender last year.* PLMD's tender is a lot bigger as a % of the total shares outstanding, so it may be that things will be even more interesting.* In any case, I don't think you'd want to buy just because of a tender offer; you have got to be interested in the underlying business.* PLMD is the biggest supplier of diabetes testing supplies and related services to Medicare beneficiaries.* They also have a rapidly-expanding mail-order pharmacy and a respiratory meds business in run-off.* The current plan is to get into the business of providing diabetes management services to HMOs and other payors.* Every study I have ever seen shows that diabetics who manage their disease are far less costly to the insurer and have better quality of life than those who don't.* Should be an easy sell for PLMD, IMO.* You also get the benefit of and incredibly fast-expanding potential market because all us fat ass Americans are getting diabetes at epidemic-type rates.

Still, do your own due diligence.* I have owned this stock for years, and it has been a bit of a wild ride at times.
Thanks, Brewer. I agree with your analysis of the stock but I don't have any experience with the auction process. I'll sit on the sidelines until the auction concludes and see how the price moves.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-28-2005, 09:58 PM   #39
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,555
Re: O.K., so seeking investment advice

I have not been reading the boards as much lately as previously. What is the deal with the different names TH? Is this in a thread that I missed? Dreamer
__________________
Dreamer is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-28-2005, 10:02 PM   #40
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,094
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Dreamer
I have not been reading the boards as much lately as previously. What is the deal with the different names TH? Is this in a thread that I missed? Dreamer
Ssshhhhhh...

Don't ask, don't tell. Information will be provided only on a need to know basis.

REW
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Need Retirement Investment advice johnbb FIRE and Money 33 09-25-2006 10:53 AM
Seeking FIRE Advice Rosalita FIRE and Money 2 02-01-2006 09:53 PM
Ignore this investment advice at your peril mickeyd FIRE and Money 11 11-27-2005 05:53 AM
Advice on a Re-Mortgage & Investment Plan SDY888 FIRE and Money 12 08-04-2004 11:33 PM
Investment advice lauraf13 FIRE and Money 32 07-20-2003 01:38 PM

 

 
All times are GMT -6. The time now is 12:19 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.