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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (8389)	3/23/2011 6:53:56 PM
From: LTBH	Respond to of 34328

Firstly, I post this as an item that should be researched by those who own or are interested in owning STON ... RATHER THAN CURRENT INFO OR FACTS. I took a pretty in depth looksee at STON long time ago, maybe 5 years, anyway I saw number of things that concerned me but the major item was the manner of the funds in what I'll call prepurchase accounts is invested, used and disclosed. By prepurchase (sorry I no longer remember the trade phrase) I mean a guy comes in and purchases plot/headstone/services but is still living and intends to do so for the foreseeable future. Tracking/transparency (at least at that time) was essentially null for prepurchase funds/investments/disbursements but it APPEARED that these accounts were being used to fund CURRENT rather being invested for FUTURE obligations. Also of concern was the quality and identity of any such investments. For me, the funds should be sequestered, invested in very high quality but diverse instruments with all net dividends/distributions/ staying within the sequestered accounts. I would suggest that STON is not a typical MLP and that just looking at DCF (distributable cash flow) or perhaps more how that cash flow is defined must be applied differently and uniquely to this MLP. I never purchased STON although I really desired such ... just could never find any/sufficient info to overcome the above concerns and could not find other investors who could explain/provide such. I close by again strongly emphasizing that this was quite awhile back, in my later years my memory has been known to be foggy at times and I am no where near a good financial detective ... I provide the above as a starting point for investors who might wish to unravel today's current details as they apply to STON. Wish I could provide some hard facts rather than a foggy caution which REQUIRES further D&D from those interested. Luck LTBH