From the category archives:
I am as disappointed to see Bank of America’s dividend cut as anyone. The stock is one of the only financial positions in the Dividend Superstars portfolio, and I thought the company would honor its promise to keep its payout at least stable through the current crisis.
I was wrong. Circumstances — which sure include [...]
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Well, I was absolutely amazed by what I saw in Tamarindo over the last week. Not only were more roads paved, but prices for condos and houses have absolutely skyrocketed from my last visit in 2004. Want examples? How about condos for $700K, $800K, even $1.5 million … yes, U.S. dollars. It’s ironic [...]
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Amazingly, Fannie Mae lost another couple billion in the second quarter (2.3 to be exact) and reiterated news about its dividend getting slashed from $0.35 to $0.05. I guess it’s true what they say — “a billion here, a billion there, pretty soon you’re talking real money.”
We are still being told that these GSEs [...]
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I have been doing a TON of radio interviews about Warren Buffett recently. In fact, I have another one on Voice America in an hour.
Why so much interest in an old guy from Omaha? Well, the fact that Mr. Buffett has handed long-time Berkshire shareholders an overall gain of 400,863% (1965 through 2007) [...]
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I came across an article on Yahoo Finance this morning, talking about how buyers should approach the current real estate market. In short, it pointed out that buyers have more negotiating power now, and that offers that were once considered “lowballs” are now more likely to get real consideration from sellers. Gee, thanks for the newsflash!
But my [...]
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Look, I don’t want to downplay what’s happening right now. I’m as mad about the way the government is handling this credit mess as anyone. I hate the fact that savers and investors are seeing lower and lower returns on their investments while greedy real estate speculators and financial bigwigs are getting bailed out [...]
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