The TLFs INSIDER TRADER!

[manarak]

(Stogie @ Apr. 17 2009,19:35) This is turning into a very thought provoking thread. Thaibound reveals a secret side of himself that we didn't know about!

I won't be making any decisions till June but if I can get 5% fixed rate bond (4.3 available now) I may just sit on that and watch the world turn.

I still like Microsoft to buy from the launch of Windows 7... and hold for 18 months top 2 years.

Stogie, in which currency do you want 5%?
You could also be OK with CAD or AUD, as compared to USD

[azza33]

If you are wanting to take a punt of sorts, consider investing in corporate bond releases - but not that junk bond shite!

For example, in oz we have an upcoming bond issue for a blue chip company paying 450 basis point above - that's currently 7.5% on a relatively safe investment - paid quarterly ~ food for thought.

Personally... i'll stick to random stock investments

[thaibound]

(azza33 @ Apr. 18 2009,20:36) For example, in oz we have an upcoming bond issue for a blue chip company paying 450 basis point above - that's currently 7.5% on a relatively safe investment - paid quarterly ~ food for thought.

hey azza, you got a name/ticker for that blue-chip bond? i know shite all about oz investments, but a solid bond from a solvent big cap paying around 7% which also lets me hedge the usd with the aussie dollar -- that sounds like a reasonable long-term investment. much obliged.

[PigDogg]

TB, If u are interested in good yields in Aussie dollars you can keep your eye on FAX, though it's not just Aussie.

These closed end funds tend to have their biggest discounts in November so you may want to wait.

FAX

[azza33]

(thaibound @ Apr. 19 2009,21:56)

(azza33 @ Apr. 18 2009,20:36) For example, in oz we have an upcoming bond issue for a blue chip company paying 450 basis point above - that's currently 7.5% on a relatively safe investment - paid quarterly ~ food for thought.

hey azza, you got a name/ticker for that blue-chip bond? i know shite all about oz investments, but a solid bond from a solvent big cap paying around 7% which also lets me hedge the usd with the aussie dollar -- that sounds like a reasonable long-term investment.  much obliged.

Ok.. sorry to tease...

The upcoming issue is Tabcorp bonds, good yield, but be wary as the gaming licenses this company holds come up for renewal in 2012 ... company is BBB- rated i think.

One recent listing is AMP bonds - very solid company.. yield on their bonds is currently 7+% still... 7.57% if my maths is correct at purchase $104

AMP - is the ticker for the underlying stock

The bond trades under AQNHA

http://www.asx.com.au/asx....s=AQNHA

Issued recently at $100 per bond, already jumped a little - note the coupon rate on this series is 7.882%

Probably a much safer bet than Tabcorp (TAH code)

[thaibound]

thanks azza.
(and pdogg).
i'll check out AMP and FAX.
but right now i gotta pack.

[JaiDee]

(JaiDee @ Apr. 15 2009,20:36)     chew on this one;  FIG

  Fortress investment group..... at one time the only hedge fun in the market, they zoomed to 35 bucks per share at their IPO in spring, 2007 ....  now a bargain at around 2.50, if they can fend off bankruptcy and get through this low point  there's no reason they shouldn't be at 10++ by years end.

Fucking market's been on a tear lately.....this  FIG  stock is hovering around 8 bucks today and I got 2000 shares in March for 2 per share....cha-ching!  Citigroup up 60% since I bought a ton of them also and even US steel {X} is coming back these days......and the S&P overall is doing the best it has all year.

 Still down of course from 2008 levels, where that fucking recession threw a monkey wrench into everyones 401K's including mine [to the tune of 40%, ouch] but there has been a glimmer of hope lately and the personal E-trade deal is up more than 50% since March 15 or so.

  Who would ever guess the picks of an amatuer would be better than the "pros"?   I swear, throwing a dart at a dartboard could be the best plan out there sometimes.

[katoeylover]

RBS - January was 10p now 48p
LLoyds - was 42p now £1.22

[Beto]

If you are interested in mutual funds, take a look at "Latin America" a fund by T. Rowe Price

[SamplerDoc]

My Ford is up more than five fold in just under two months

Feeling love for OIL too

[thaibound]

(JaiDee @ May 06 2009,08:56)

(JaiDee @ Apr. 15 2009,20:36)     chew on this one;  FIG

  Fortress investment group..... at one time the only hedge fun in the market, they zoomed to 35 bucks per share at their IPO in spring, 2007 ....  now a bargain at around 2.50, if they can fend off bankruptcy and get through this low point  there's no reason they shouldn't be at 10++ by years end.

Fucking market's been on a tear lately.....this  FIG  stock is hovering around 8 bucks today and I got 2000 shares in March for 2 per share....cha-ching!  Citigroup up 60% since I bought a ton of them also and even US steel {X} is coming back these days......and the S&P overall is doing the best it has all year.

 Still down of course from 2008 levels, where that fucking recession threw a monkey wrench into everyones 401K's including mine [to the tune of 40%, ouch] but there has been a glimmer of hope lately and the personal E-trade deal is up more than 50% since March 15 or so.

  Who would ever guess the picks of an amatuer would be better than the "pros"?   I swear, throwing a dart at a dartboard could be the best plan out there sometimes.

i have but one word for you after those impressive gains in such a brief amount of time on FIG and Citi and any other stock even tangentially related to financial or commercial real estate markets in particular, but the entire market in general:

sell
sell
SELL
fucking SELL!!!!!!

"bulls make money. bears make money. pigs get slaughtered." - the madfucking money guy.
and on this he was correct.

at minimum sell out to recover your initial investment and let all the profit ride and you can not lose.
i still believe this is a bear market rally the likes of which the world has never seen, and come sometime this summer you're gonna want some cash on hand to buy back in after it's down 20-25% from it's current highs.

meantime congratulations.
and i hope to be able to repeat those congratulations when i see you in a month and all those sweet gains are in an fdic-insured account waiting for a sweet buy-back opportunity.

then again i'm jaded and ever-more-conservative financially and never draw to inside straights.

well, almost never.

[JaiDee]

(thaibound @ May 07 2009,18:45) meantime congratulations.
and i hope to be able to repeat those congratulations

errrr, as it turns out it's a bit too soon for Congrats .....as with all gambling operations this one gave back a lot of its gains in the past 24 hours......sorry, didn't take your advice on the SELL deal, TB!

still holding out, and either sinking or swimming with the Fortress and Citi ships!

[PigDogg]

For   only:

It's fun searching for undervalued stocks to buy.
Booyah!    

Less fun are tax tricks.  Here's one.

Some folk convert part of their TIRA (traditional IRA) to a Roth every year.  This works best for guys who not working and are in a low tax bracket.

I recently converted and moved most of my PCRIX position.  I chose PCRIX because it's probably my most volatile holding.

Now if at the end of the year (actually you have longer but I'm going to keep it simple) PCRIX has gone up, then do nothing.

However, if it goes down you can then recharacterize the holding back to your TIRA and convert new money to your Roth.

Life doesn't always offer do overs.

[PigDogg]

Shittygroup will open strongly on Friday.  It's up in afterhours trading on Thursday.  Seems the stress test results were not unfavorable.

If I still had some C I would either sell tomorrow at around 11AM or sell whatever amount is needed so I'd just be playing with house money and hold the balance for at least a year to be taxed at capital gains rates.

What I don't like about Citi is that I'm led to believe that the common is overvalued compared to the prefered.

[thaibound]

(JaiDee @ May 07 2009,11:48)

(thaibound @ May 07 2009,18:45) meantime congratulations.
and i hope to be able to repeat those congratulations

errrr, as it turns out it's a  bit too soon for Congrats .....as with all gambling operations this one gave back a lot of its gains in the past 24 hours......sorry, didn't take your advice on the SELL deal, TB!

  still holding out, and either sinking or swimming with the Fortress and Citi ships!  

just because you missed the top, doesn't mean you have to ride it back to the bottom.

i humbly suggest you look at a price point that will give you a little bump back from its recent decline (maybe +5% from current price?), put in a limit sell order and if you get lucky, you'll dump some. at a profit.

if you sell 20-35% of your holding, you will still have enough to be thrilled if it goes back up with minimal regrets. whereas if it continues falling.... you might be able to still get a bit of sleep.