Money and Investing Thoughts

When I first read about the Claymore/SWM Canadian Energy Income Index ETF (ENY: 18.03 +0.21 +1.18%) I was very intrigued. I have looked at both energy royalty trusts as a source of excellent income and Canadian oil sands companies as growth opportunities. Continue Reading »

A Dash of Insight: Do Internet and Media Resources Help the Individual Investor?

Exerpt:

Individual investors face significant obstacles. In trading their own accounts they consistently under perform the major averages. Mostly this comes from chasing performance from the prior year, poor market timing (mostly selling bottoms), investing based upon questionable macro theories, and trying for homerun stocks. Most do not realize these issues.

Read the entire post.

My thoughts today have been the urge to sell out of positions that I believe are good companies because they are in a downward trend. As the market is down across the board, weakness in individual stocks is part of the overall trend, not specific to the specific security.

Silver Wheaton Corp (SLW: 35.96 -0.69 -1.88%) is a pure play on silver mining with a unique business structure. The company has contracts with 5 different mines to purchase their silver production at a fixed contract price. These mines are in Mexico, Peru, Greece and Sweden are primarily mining another metal and silver is a by product of the mines primary operation.

Silver Wheaton has purchased the silver rights to these mines for upfront cash purchases, then have the right to buy silver at $3.90 per oz. The company has almost no overhead with 1/2 dozen employees and a structure to pay little or no taxes. All contracts are is U.S.$.

The company expects to sell Continue Reading »

Another major player dropping out of the non-conforming mortgage market. I have been amazed how rapidly these companies have decided no one will buy homes ever again, especially with a mortgage greater than $417k.

Capital One shares fall 5% in late trading – MarketWatch

I came across this very informative video at Forbes.com. I am always interested in high yield investments. Getting cash back from you investments gives you money to put to work elsewhere. The video focuses on some investments yielding over 10%.

See the video HERE: Note the video has two parts with an ad between. Good stuff is on Pt II.

The mentioned securities: (ABK: 0.00 N/A N/A), (NCZ: 8.54 0.00 0.00%), (GPM: 8.84 +0.13 +1.49%), F-PS, (HTE: 0.00 N/A N/A)

Buy the book: Income Investing Today: Safety & High Income Through Diversification