September 26, 2007 –
I decided to work over the pitch I just entered for an old pick and pretend I know something about gold mining. [more]
September 22, 2007 –
My second blog on CAPS, or anywhere else for that matter, was on private equity firm Lone Star's offer to buy Accredited Home Lenders (LEND) for what seemed like a ridiculously high price of $400 million or $15.10 per share back in June. I was somewhat skeptical and thought it was more than a little curious that a buyer could come up with a price for the company when quarterly reports hadn't been filed for some time. [more]
September 14, 2007 –
This is a slightly edited repost of my blog for the Strategy Lab Open. Players were asked to comment about the prospects of a Fed rate cut next week and I thought this post might be of interest here as well. [more]
September 09, 2007 –
Let’s do a prediction for two different approaches to generating an income stream from a nest egg. For this simulation, I’m going to look at the pre-tax and after tax income streams over 10 years from a $500,000 investment. One portfolio will be in 10-year treasuries, the other equally divided between four dividend paying stocks, CVX, T, RPM and WFC. I picked these because they have above average yields that are well covered by earnings and good histories of dividend increases – and I happen to own these four so it's somewhat relevant to me. [more]