Leave a comment

WATCHING IBM-AGAIN

January 2, 2014

SPY 1831.00  Go to “Investments Core Portfolio” for current holdings.

The long bond has been hanging around 3%.  And the stock market does NOT like high interest rates.

So…..people started to take action today and we saw a pullback.  I would not be shocked to see it go lower.

Start watching those positions that you would like to buy at lower prices.  Go to the core portfolio page to see what we are holding.  SDIV would be a good choice, now paying 7.0%

In September I started watching IBM, but never pulled the trigger.  I am once again watching IBM to buy.  This thing is beaten up but has started to turn around.  I have never suggested a single stock in this blog, but the younger crowd can take increased risk for a good potential run.  Right off hand I dont even know if it pays a dividend…….I just want to get a nice stock gain, which could be good.

I bet you didn’t know this:  “The good news, if you want to call it that, is that roughly 1.6 million Americans have enrolled in ObamaCare so far.

The not-so-good news is that 1.46 million of them actually signed up for Medicaid. If that trend continues, it could bankrupt both federal and state governments.

Medicaid is already America’s third-largest government program, trailing only Social Security and Medicare, as a proportion of the federal budget. Almost 8 cents out of every dollar that the federal government spends goes to Medicaid. That’s more than $265 billion per year.”

I bet ur not surprised at this:  “As we move into 2014, a new poll finds that a whopping 70 percent of Americans have absolutely “no faith” in government to make progress on key issues.

The Associated Press/NORC Center for Public Affairs Research survey found that 7 in 10 voters do not have any confidence in the government “to make progress on the important problems and issues facing the country in 2014.””

Oh boo-hoo for MSNBC:  “Meanwhile, the network that Griffin has labeled “the place for progressives” is experiencing a free fall in its ratings, which are down 29 percent from 2012. A decline was expected after a presidential-election year, but MSNBC’s competitors did not suffer as acutely. Fox News was down only 5 percent”

Go to “HOME” (top of page) for the most current posts.  Go To “+FOLLOW” (top of page) to follow this blog.  Go to “INVESTMENTS” (top of this page) for core holdings. 

This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income.  I am not an investment professional.  You must do your own research before buying any position.  All gains or losses that you realize are based on your choices.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: