Stephen Gilbert: ‘MuniDirect looks interesting: a Pomona, California 5% 2024 bond is listed there at 99.968. At Schwab, it’s 100.625. Buying […]
Mitchell: ‘In your recent discussion of XOM shares and socially responsible investing, in my view, you missed an important part of the moral argument. Owning stock in a company makes you a part owner, and like any other business you might be a part-owner in, you are associated with its activities and sharing in its […]
You have gotten out of credit card debt (or will, ASAP), and plan to buy your next car for cash – even if that means it has to have been “previously owned.” You are contributing the max to your employer’s 401K, at least up to the amount, if any, your employer matches with […]
Finally, the estimable Less Antman (see the invaluable ‘Ask Less’ feature to my left) has a question for me. He writes:
‘First you tell people you’re shorting Yahoo! while I have clients with unvested options working for Yahoo!, and now all the clients I invested in Exxon/Mobil in buy-and-hold portfolios want an explanation. Fortunately, I […]
Look at the time! I seem to be 893 minutes late posting this column. Oops! Well, I certainly hope you didn’t wait for me. Eat! Eat!
When Exxon and Mobil merged in 1999 they became the world’s largest corporation. For some, that might be reason enough to boycott Exxon/Mobil. For others, the […]
‘I’m just gonna hop in the shower,’ a friend said, and I have often said the same myself.
But think about it: why do people always HOP into the shower? Has any one of them – even one – ever actually hopped into the shower? (Or, for that matter, started hopping when […]
A tidbit to whet your interest:
‘Adjusting for inflation, the income of families in the middle of the U.S. income distribution rose from $41,400 in 1979 to $45,100 in 1997, a 9 percent increase. Meanwhile the […]
Herewith, two columns for your weekend reading. The first, by Daniel Pipes, gives President Bush appropriately high marks for the war on terrorism. The second, by Matt Miller, gives him appropriately bad marks (in my view) for domestic policy.
First the good news:
SURPRISE! IT REALLY IS A WORLD WAR ON TERROR
Barry Basden: ‘Click here to find basic info on many preferred stocks, including: GAJ – Great Atlanta & Pac Tea Co, 9.38%, 8/11/04 [call date], $25.00 [call price], Rated BA1/BBB-. Had I more than a double in it, I would sell, too.’
☞ See what a little homework will do? Thanks! […]
A New Year‘s Mishmash:
It may well be a good buy here – it still yields 9.5% – but I am selling the Great Atlantic & Pacific Company preferred J shares (symbol GAJ) suggested in this space 364 days ago at $11.75. It has a little more than doubled since then – […]
Quote of the Day
On Hollywood Squares, gay comedy writer Bruce Vilanch was asked: You are the most popular fruit in America. What are you? His answer: Humble. (The correct answer? Banana.)~.
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