Sep
21
Altria (MO) - HOLD (Really holding on to my 800 shares)
September 21, 2007 | 2 Comments
(A reader asked for my opinion on Altria (MO).)
If you read my blog, you know I have Altria. Boatloads of them (at least compared to my portfolio size). I have 800 of these beauties. Altria has been called a cash cow before, and I still think it is - excellent dividend at […]
Sep
20
From “Jet Set” to “Bum Set”
September 20, 2007 | Comments Off
For many years I traveled the world for business extensively. Those years are not over, but I should say they have been on a holiday for the past month or so. I have been quietly (but diligently) working on starting a business and on earning money on my day trades. There […]
Sep
17
Tell Them What You Want
September 17, 2007 | Comments Off
I have this bank account that has been charging me $20 a month as a service fee (Citizens Bank). You see, Business Accounts are usually more expensive than personal accounts, especially at the big banks that offer all of the nice features (like international wire transfers, which I need for my business).
This morning […]
Sep
17
Watch Your Business Expenses (Self-Employed)
September 17, 2007 | Comments Off
Uncle Sam is lenient on business: you can deduct business expenses from earnings. This is a big difference from personal taxation: you are not allowed to deduct most living expenses out of a salary. However, there is a point where both things may get fuzzy: small business. Many small business owners […]
Sep
14
Costco (COST) – Buy
September 14, 2007 | 2 Comments
(A reader asked for my opinion on Costco (COST), and I give it thumbs up.)
The retail sector is a worry for sure: the high interest rates and the declining real estate prices are preventing people from taking a home equity lines to pay off the credit cards and buy more stuff. Also, the gas […]
Sep
14
What About Pfizer (PFE)? (High Yield) - HOLD
September 14, 2007 | 1 Comment
I was asked about my opinion in Pfizer (PFE), especially with its 4.8% dividend yield. Any time I see a dividend yield above 4% I start liking a company: they show real cash, not just paper cash. However, I live on more than dividends: I look for growth also – and for this, I need […]
Sep
14
What Besides Banks?
September 14, 2007 | 1 Comment
You can poison yourself on too much of a good thing. Those who know me are aware I love to invest on banks: great dividends, good growth in an economy that depends on them, and a great business model that has proven itself over centuries. However, being invested on a single sector […]
Sep
13
CISCO, Sold… Bought
September 13, 2007 | Comments Off
Today I sold the CISCO (CSCO) shares I had been holding since August 10th, 2005, when the economy was climbing again from the depths of the .com burst. CISCO supplies the equipment for the backbone of the telecomunications systems on which we depend: internet, voice, email, wireless carriers, etc. They have also been […]
Sep
11
Three Banks To Own
September 11, 2007 | 1 Comment
I am a strong believer in Owning the Bank rather than depositing money in the bank (except for emergency money and special projects). Recently, banks have suffered, and for a reason: they got into risky loans that may cut into their earnings. There are, however, some banks which, although exposed, have […]
Sep
10
Analysis of a Trade (WB): Volume Bars
September 10, 2007 | Comments Off
(This article contains the analysis of a trade. Just my thoughts after a day of trading. No trading theorems, laws, or concrete advice. My views may change in the future. Just think of it as a journal page, just what a blog is.)
Today I have learned important lessons in my day-trading […]
