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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (5858)	6/4/2018 11:06:50 AM
From: robert b furman	Respond to of 26907

Hi Kirk, You and I are on the same page with old cars. They are a neat way of storing wealth. I can't drive my stocks to the grocery store.LOL Ever since I was 15 - I've always enjoyed old cars and too often had too much money in them. Over time the values of them just keep climbing. One has to be careful and have the right years and styles or they wane a bit. The big horsepower muscle cars are a no brainer and have been for decades. BUT !! at one time modelA's and T's were often restored at costs of $25,000 - $30,000. Now if you see a very nice Model A go thru Mecum 10,000 to 15,000 will buy it. The "Greatest Generation loved them - but are now mostly gone. The big question will be - will the Muscle Car era go that way? If talk about millenials is right - that answer may well be yes. I do not care - I love the old cars and are a reflection of my tastes. Bob

To: Kirk © who wrote (5858)	6/5/2018 7:34:09 AM
From: Jerome	Read Replies (1) \| Respond to of 26907

Hi Kirk, Here is an example of the benefit of dividends in stock selection. In 2014 I bought GSK (Glaxo Smith Kline) at the price of $46.l8 per share. (100 shares). And the stock deteriorated from there. My crystal ball was out of commission at the time. I still own those 100 shares. As of yesterday the stock closed at $40.70 So i still have a loss of ($779.00).Not my idea of good stock selection. But I did get 21 cash dividend payments that came to $1203,00 About a 6.5% yield..per year I have an overall gain of $424.00....plus I did write some covered calls against the shares I owned. The only good news is that GSK has a new management team in place and their outlook is much better than it was four years ago. In my stock selection I have three criterion that I review. Like a three legged stool. 1) Potential for appreciation..near term (about 6 months)..this is somewhat arbitrary 2) Dividends past and future 3) Is the stock a good covered call write that will generate some income near term? I do make exceptions for the dividends on occasion. (MU for example and AMD) This is a tough market and an investor should be prepared to have a stock go underwater, if politics turn against it. But longer term the bet will justify itself.

To: Kirk © who wrote (5858)	6/5/2018 8:04:46 PM
From: Jerome	1 Recommendation Recommended By 3bar Respond to of 26907

Hi Kirk, .....the best stock research teams to notice are those of various mutual funds. Fidelity, Vanguard, and T Row Price are thee of the best. If you pull up a stock quote on yahoo and to the right of the summary you will see a heading called holders. Click on holders and it will show you who the major holders and how many shares are held by company insiders' Example Sunrun (run) a major solar installer in the US. Insiders own 26.5% of the float. Vanguard from 4 different groups owns 10.27% Fidelity from 3 different groups owns 22.21% Combined Insiders, Fidelity, and Vanguard own 58.98% of outstanding shares. This is unusual because Fidelity and Vanguard are not usually on the same page when it comes to picking stocks for their holdings. Its also a huge vote of confidence in Sunrun. It closed today at 12.82 with 3.7 million shares traded. The second item worth noting is that almost all solar stocks have been taking a beating because of the reduction in subsides from the US and China. But Sunrun keeps making new highs.. I own some Sunrun and I'm trying to find a reason not to add to my position.Its my observation that investors try too hard to find the next facebook....when there are plenty of profitable low hanging fruit to be gathered.

To: Kirk © who wrote (5858)	6/8/2018 10:17:20 AM
From: Jerome	2 Recommendations Recommended By 3bar rdkflorida2 Read Replies (1) \| Respond to of 26907

Hi Kirk, Over the years you have done well giving conservative investing advice. The awards for you and your newsletter attest to that. What is your suggestion on on investments for the next six months. Where do park cash that is not in stocks or bonds? I believe this thread has two types of viewers. 1) those that share your conservative investment philosophy. (risk avoidance) 2) Those who are looking for opportunities with some risk. What's good about this thread is that all viewpoints are respected.