Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (128947)	8/1/2019 10:02:55 AM
From: robert b furman	Read Replies (1) \| Respond to of 218591

HI GZ, Earnings are not bad. What IS bad is bond rates. Negative rates everywhere, except the US markets. High yield bonds are even low and with a risk. The lowering of rates in the bond market has been a windfall for utility like stocks that pay a high yield dividend ie T. I think, if you are OK with more risk, it pushes most investors to the triple B corporations like T paying a dividend yield of 6% plus. I just sold some XOM puts that expire in 50 days - strike price of $70.00 for $1.10. If the stock is assigned to me the dividend yield is $3.48 / $68.90 a yield (at better tax rates) of 5.05%. If the put expires to 00.00 - it gives me an annualized return on my cash in the account of 11.65%. Its not wild or speculative, just slow methodical investing that I can live very happily with either way. I sleep very well owning AT&T and XOM. Do you think people will quit using their cell phones and or quit buying gas or using plastics - nah. XOM reports tomorrow before the open (so does CVX - but I can't get 5% from them now). Just another boring day at the grist mill. GRIND EM UP FRIDAY TOMORROW!! Bob