crws
Active member
I tend to agree, but- who's doing the buying?
Is this like a dvr where a fund mgr buys and sets the buy so the algo's don't (erase) sell it at the next bit of landslide activity?
It would be interesting to find out what triggers and thresholds (I'm sure a highly guarded secret) algos are set as and whether they are manually adjusted or follow a floating point indicator.
BlackRock manages our TSP, and they are LT bullish as well.
But- they are probably on vacation like the rest of the crowd, leaving the day-to-day shop to the protege's, only to step in remotely if there is a crisis?
http://phx.corporate-ir.net/phoenix.zhtml?c=119943&p=irol-newsArticle&ID=1395833&highlight=
BlackRock Announces 28% Dividend IncreaseNEW YORK, Feb 25, 2010 (BUSINESS WIRE) -- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $1.00 per share of common stock, increasing the dividend $0.22 per share, or 28%, from the prior quarter's dividend of $0.78 per share. The dividend is payable March 23, 2010 to shareholders of record at the close of business on March 8, 2010. "Today's dividend increase demonstrates the power of our business model and reflects BlackRock's enhanced financial and strategic position since closing our merger with Barclays Global Investors in December 2009," stated Laurence D. Fink, Chairman and Chief Executive Officer.
gotta hit the road, ran out of time for the rest...
YGTP
you get the picture...
Is this like a dvr where a fund mgr buys and sets the buy so the algo's don't (erase) sell it at the next bit of landslide activity?
It would be interesting to find out what triggers and thresholds (I'm sure a highly guarded secret) algos are set as and whether they are manually adjusted or follow a floating point indicator.
BlackRock manages our TSP, and they are LT bullish as well.
But- they are probably on vacation like the rest of the crowd, leaving the day-to-day shop to the protege's, only to step in remotely if there is a crisis?
http://phx.corporate-ir.net/phoenix.zhtml?c=119943&p=irol-newsArticle&ID=1395833&highlight=
BlackRock Announces 28% Dividend IncreaseNEW YORK, Feb 25, 2010 (BUSINESS WIRE) -- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $1.00 per share of common stock, increasing the dividend $0.22 per share, or 28%, from the prior quarter's dividend of $0.78 per share. The dividend is payable March 23, 2010 to shareholders of record at the close of business on March 8, 2010. "Today's dividend increase demonstrates the power of our business model and reflects BlackRock's enhanced financial and strategic position since closing our merger with Barclays Global Investors in December 2009," stated Laurence D. Fink, Chairman and Chief Executive Officer.
gotta hit the road, ran out of time for the rest...
YGTP
you get the picture...
Yes,, Blindman, I agree that for me defense is the play because I'm already retired. I thought this article from this week's issue of Time was interesting, however, and food for thought.
Monday, Jun. 07, 2010
Where the Wealthy (and Scared) Invest
By John Curran
Joseph Quinlan is the chief investment strategist for U.S. Trust, the private wealth management division of Bank of America. His mostly American clientele are well heeled — the less fortunate among them have at least several million dollars in tow — and they sometimes move outside the markets you and I may wade in. At a time when many investors are anxious, here's what Quinlan is advising U.S. Trust's clients to do:
...As we go forward, what is the outlook for the stock market? It seems to be unsure about the recovery.
I think there is more to go on the upside. Our firm's outlook is for the S&P 500 to end up the year at roughly 1250, so up about 17% from current levels. ....
Is this a good time to be in bonds?
For the next 12 to 24 months, we are favoring equities over bonds. It's not that fixed income is a bad area to be in. Many of our clients went into cash in 2009 and then moved into fixed income and then equities. ....
What about foreign stocks? With the world in such dicey shape, is it smart to be investing in emerging markets and such?
Once the dust settles over the current crisis in Europe and the correction in stocks ends, we expect a sharp recovery in the EAFE index. However, over the next one-year period, we do expect the developed non-U.S. markets to underperform both the S&P 500 and the emerging markets. ...
http://www.time.com/time/printout/0,8816,1994547,00.html