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November 2008



Historical dividends yields are not future dividend yields

November 26, 2008 – Comments (13)

I haven't trusted dividend yields for decision making for a while now because I believe squeezed margins are going to squeeze dividends, and I have blogged about it in Loss of Dividend Spending.  [more]



One State Pension Plan

November 26, 2008 – Comments (4)

Mish has a very good post looking at New Jersey's finances, which are dire due to $60 billion in underfunding of pension funds.  [more]



The Cost of Bailouts

November 26, 2008 – Comments (1)

Big Picture has a post that give perspective on the numbers around the bailouts.

The numbers are beyond over whelming...

But, we see to think that government can do like Jesus, break the bread and make it go forever...



Good-bye Google!

November 24, 2008 – Comments (5) | RELATED TICKERS: GOOGL

Closed!    [more]



I do go on about Pensions....

November 23, 2008 – Comments (14)

I saw this quote ...  [more]



Cars that sink...

November 23, 2008 – Comments (2)

I do go on about debt.  It is everywhere and it is the problem, not the solution and this stupid media bites would suggest.  So, just what debt is out there?  [more]



How Low Will It Go?

November 20, 2008 – Comments (12)

I was asked for a clairification on my Dow 7000, S&P 700 position.    [more]



Mortgage Versus Rent Price Analysis

November 19, 2008 – Comments (7)

Calculated Risk had a post about falling rents, and I immediately remembered a research paper out of the University of BC which I took one look at and my first comment was that the research was poor.  [more]



Crash is slow, then crash is fast

November 19, 2008 – Comments (17)

Last year I was obsessed with watching the market as I expected serious cliff diving and the market held awfully well.  So, I adjusted my thinking to figuring it was going to be a gradual decline and then in the last couple months the decline has been quite rapid overall.  [more]



Consumer Contraction...

November 19, 2008 – Comments (2)

Boy, am I behind.  This one is from 5 days ago, with retail sales showing a decline of 2.8% over September and 4.1% over October a year ago.  I love the title, Conspicious Correlation.  [more]



The Dell Decline

November 19, 2008 – Comments (3) | RELATED TICKERS: DELL.DL

Dell is a stock that I looked at in 2006 and failed to understand how it could possibly be priced at about 10 times the book value of its assets, along with a few others in the technology sector.  [more]



Profitable at any price?

November 17, 2008 – Comments (3)

This release got my attention on Ricmond minerals, although I've had no time to do further research.  They have found copper assays at 4%.  I believe Bingham in Utah is about 0.67% now, as in the range of many copper mines.  Better grade means more profitable, plain and simple.  [more]



Decline in Sales = Bigger Decline in Earnings

November 13, 2008 – Comments (11)

Did you see Intel's sale's forcast?

Fixed costs means that you can expects declines to actual earning to be significantly larger then sales declines.

I still think it is early to jump in...



To Prevent the Constant Error Messages

November 11, 2008 – Comments (8)

The error messages when posting drive me crazy but I think I have figured out how to work around them.    [more]



Must read about FDIC insurance

November 11, 2008 – Comments (4)

I think it was utterly wrong to increase the FDIC insurance.  I completely disagree with a 100% insurance with no deductible to the insured.  That first 100k should have a 5% deductable.  I think it is a good idea to have increased it, but not with the idea of zero risk to depositors.  Banks have behaved irresponsibly and depositors have gone after high yields without concern for consequences.  [more]



GM - Insolvency Apparent a Long Time Ago

November 11, 2008 – Comments (4) | RELATED TICKERS: GM

Market beat has a post on GM, it is officially a small cap now.  Those that are down grading it are so late in doing so.

Egad, crude below $60...



Pension Solutions

November 08, 2008 – Comments (8)

I wrote a post that I couldn't publish the other day and it isn't on this computer so I still can't publish it.  It was on pensions.    [more]



Look at Oil Now!

November 08, 2008 – Comments (0)

So I'm a bit behind on the news...  I had my first flight on a small plane, a six seater (and that includes the pilots), and there is 2 ft of snow where I am now.  I hope the flight home on Monday goes as smooth as my flight here.  [more]



Quality Education

November 05, 2008 – Comments (6)

Financial Armageddon has a post about Gary Gorton, who teaches at Yale.  [more]



Those Deriviate Things...

November 03, 2008 – Comments (3)

Seriously, reading the news is very stressful...  [more]



Good luck with financing...

November 03, 2008 – Comments (4)

The debt is past the roof and out of the solar system...

$574 billion of new debt in a single month?  That's a couple thousand per person and about $4000 per worker...

Doug, I am getting closer to switching sides...  I can't see how they don't start the presses....



Yves is succeeding in scaring me

November 02, 2008 – Comments (3)

Yves has a post on government bonds.  As so many have run to the "safety" of government bonds, well, this line got to me...  [more]



Solution to Falling Property Values

November 02, 2008 – Comments (4)

I swear, Gordon Campbell is one of my biggest nemisis and has been since the idiot was Mayor Vancouver.  Under this idiot BC has run up debt like never before.  We just came out of an absolute boom and they only just managed to balance the budget when you are supposed to be paying back debt during booms.  Instead the debt went up by something in the range of 50% during the good years...  [more]



Home ownership today versus depression

November 01, 2008 – Comments (4)

Common Sense Forecaster has a post that outlines the number of homes that have more owing on the mortgage then the homes are worth.  [more]

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