Birchtree's Account Talk

[Birchtree]

I think I'll brag on the wife's defined contribution plan for a moment. She is indexed to a S&P 500 fund and collects her contribution I believe today - sweet. During the last quarter she took down $46K and will probably do better than $60K in the current quarter. If the SPX rolls into 1500 and beyond her gains will be impressive as a buy and holder. We don't plan to make any adjustments for several more years - just riding the Grand Trunk gravy train. And when she finally retires she is not obligated to take any income until she desires to do so - that's good tax planning.

 

[Birchtree]

DOES BOND MARKET CARNAGE LIE AHEAD? | PRAGMATIC CAPITALISM

 

[Mapper]

I think, the last paragraph of that article is very important, namely "This environment is not remotely similar to the 1994 environment" and "There remains far too much slack in the economy and general sluggishness for such an environment to play out"

 

[Birchtree]

What Yesterday's Fear Didn't Have | Marty Chenard | Safehaven.com

 

[Birchtree]

There was something about Mary.

http://www.marketoracle.co.uk/Article33488.html

 

[Birchtree]

When Can You Retire On Dividends? - Seeking Alpha

 

[Birchtree]

I prefer the opportunities presented while holding equities. So far this year I've gotten 44 dividend increase announcements with many more to follow - this can happen year after year, plus there is the potential to capture capital gains when the time is prescient. Today should be pleasant.

 

[Mapper]

FWM,
No reason you can't monitor and shuffle your dividend paying equities and probably should. When company cuts a dividend, as Kodak did, it's a warning sign. You can sell at that point and buy something else with a more stable dividend. Obviously portfolio breadth and maintenance is important.

 

[Birchtree]

Carmine, don't cha remember last January 2011 when Birinyi said the average length and size of bull markets suggested the SPX would rally to 2854 in September 2013?

 

[Birchtree]

Loretta, this is for you. "Is the end near for the three year old bull market?"

News Headlines

 

[Birchtree]

C'mon let's pump it up - take the Dow to +120. The power is there.

 

[Mapper]

I think we can do even better...but let's save a little for tomorrow. I don't want to see any lousy "profit taking" tomorrow.

 

[jkenjohnson]

All of a sudden, everyone has Birchtree fever.

 

[Sensei]

Yo, why's the Birch-man banned?

What do I gotta do to get that as my byline?

 

[jkenjohnson]

Yo, why's the Birch-man banned?

What do I gotta do to get that as my byline?

Was this a question for me? If so, I don't understand?

 

[FAB1]

I see BT is banned again. Time out for birch until he learns not to say what he Knows he shouldn't be sayin'.

Jus sayin'.

 

[jkenjohnson]

I see BT is banned again. Time out for birch until he learns not to say what he Knows he shouldn't be sayin'.

Jus sayin'.

What did he say?

 

[nasa1974]

Yo, why's the Birch-man banned?

What do I gotta do to get that as my byline?

I don't think you really want that byline.

 

[FAB1]

What did he say?

usually its something along the lines of what Billy Mahr said about a basketball team. That's only based on past performance mind you but birchy is a creature of habit...whoda guessed. ha ha ha.

 

[Sensei]

I don't think you really want that byline.

You're right. :cheesy: I don't hang around here for the politics anyway. But I do enjoy the daily dose of bull...ishness that he dishes out. Especially when I'm fully invested as I am now.

Free James Brown!
Free Tommy Chong!
Free Nelson Mandela!
Free BIRCHTREE!!!