MCsweet
Given your stellar performance last year and ytd, maybe you should think about starting your own board or fund. ;)
Thanks for the kind words! As far as a board is concerned, I have nothing new to say and not much to add. Why would I do it? Seems to me that there are plenty of boards and plenty of folks espousing value selection, they don't need another redneck with a brainstorm! <GGGGG>
As far as a fund.....well I have the TimbaBear funds! <GGGGG> They keep the wife happy because she is a cruise-aholic and we can cruise three or four times a year. They are providing nicely for the rest of my lifestyle and the retirement accounts are growing nicely, what else do I need? House is paid for, cars are paid for, could be debt free elsewise if it were convenient, but at these low rates, I'm making more than it costs, so I'm using the money for a while yet.
If somebody wanted me to run a fund, I'd probably have to show up regularly and in a tie and punch a clock and move and ....this dog's gettin' too old for all of that.
Wouldn't mind running a fund if I could do it 100% my way and 100% from my house! Don't suspect there are too many of those opportunities around! <GGGGG>
Guess I'll just have to struggle through without the headaches!
Really, though, who knows maybe this is all just a short term phenomenon for me. After all, I got burned pretty badly in 2000. Although I like to think I've really wizened up, maybe there are other great lessons just waiting their opportunity to educate me?
As far as WSCI....yep, still holding on. If it breaks below $2.00, I'll add. Good fundamentals, dividend now over 6%, only debt is for the building they just bought. What's not to like? Of course, they got snookered by the rise in commodity prices, but that's a short term deal. I'm sure the contracts, as they come up for renewal will have that issue adequately addressed. Meanwhile, they have no problem in affording the dividend and I have no problem in collecting it.
Timba |
