Birchtree's Account Talk

According to Mindylou, "Very often, the best way to be successful in the long run is not to aim at being successful in the short run." Now that's one smat kitty.
 
From my WSJ: "Since 2010, 57 companies in the S&P 500 have split their shares. Those stocks have averaged a 0.2% gain the day they started trading on a split adjusted basis. A month later, they have risen just 0.5%. But longer term, the average gains are more pronounced. Since 2010, these stocks have averaged a 5.4% increase three months after a split and a 28% surge one year later." Well that's good enough for me.
 
"The longest period without at least a 10% pullback was during the 1990-1997 run, at 82 months." I think I may do some buying today.
 
I've been doing some light shopping today: BAS, AVT, AME, KEY, GT, BLT. Perhaps more buys tomorrow if the market remains at my back.
 
If you are thinking about the I fund take notice. "The Japanese pension fund is like Social Security in the U.S. in that it collects money from payroll taxes and uses the cash for payments to retirees. But unlike Social Security, which puts its funds in nontradeable Treasury securities, the Japanese fund can invest in a range of assets, including stocks and bonds from both Japanese and foreign issuers. Currently, domestic stocks and foreign stocks are each targeted to get about 12% of the fund's investment. Under the baseline scenario outlined by Mr. Yonezawa, those figures would rise to 17% each, while the portion alloted to foreign bonds would rise to 16% from 11%. Domestic bonds would fall to 40% from 60%, and the portfolio would likely include a new category for alternative investments in areas such as infrastructure." I can hardly wait.
 
It's a purrfect day for 10 dividend reinvestments and a few select purchases: BBT, RF, SAN, STI. Gimme more pain.
 
I was just thinking today how fortunate I am that this market has made me rich the last 5 years. No guts, no glory. Now for the next five years.
 
My oceanic account was a little slow this week: +$34K, -$1K, -$46K, -$55K, +$24K for a give back of -$44K. That still leaves me +$90K ahead on the month. It is a fact, or is it, that this equity market rally is closer to the end than it is to the beginning - I think we got years left to make money. I almost bought some gold shares today but decided to wait until next week - there's plenty of time. Wells Fargo tells me the percent down has been decreased to 10% instead of 20% for a home purchase jumbo loan. I'm thinking more and more about using my margin to purchase my Carolina place instead of a mortgage. I'll be pulling cash as we move forward providing the market propitiates. My dividends are coming in nicely on these soft days - can't beat that.
 
I have been reading the site for some time now and I am confused on one or two things... Birchtree always talks about the money that is being made but is this money being made strictly from TSP or the outside stock market. Thank you, secret squirrel
 
I have been reading the site for some time now and I am confused on one or two things... Birchtree always talks about the money that is being made but is this money being made strictly from TSP or the outside stock market. Thank you, secret squirrel
Birchtree has TSP and an outside account (which is the larger of the two).
 
My TSP account is known as my tugboat account and rarely makes many moves. "U.S. deal making is off to its busiest start since before the financial crisis, thanks in part to foreign acquirers targeting U.S. companies at levels not seen since the late 1990s. Overseas firms have announced 605 acquisitions of U.S. companies valued at $154 billion so far this year. That value is a nearly 200% increase from the same period last year and the highest level on a year to date basis since 1999." You can thank those Obama taxes.
 
Another day of weakness would be purrfect to help get me golden prices for my 13 dividend reinvestments due today.
 
Dennis

What's your opinion on MLPs and do you invest in them? Anyone in particular that you're fond of?
 
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