Vol737
Self sufficient non victim
- Joined
- Feb 2, 2011
- Messages
- 15,907
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Watching UPS. Looking to add shares once this stabilizes. Was a little too soon taking a position in it, but I’m fine watching and adding when things improve. I own AAPL, IBM and UPS. Likely will for the next ten years. Stops in, of course if something starts a sell off.
Worth watching. The three regional banks I own have held up well in spite of this news. May just be that NYCB has a lot of exposure to NY real estate that’s starting to have a tough time, whereas other regionals do not.
You saying we don't need bank regulators? 1929I think I saw somebody interviewed today that said NYCB own/owned a lot of NY office properties that they bought at $800/sf and are having trouble unloading for $300/sf while the municipality is simultaneously raising their property taxes. Maybe that’s the big write down in the linked story. The banking regulators are making them increase their liquidity. Democratic-Socialism doesn’t work, people.
BlackStone must be making a lot of acquisitions for pennies in the dollar about now.
Agree. Yes, I’ve owned WM for about ten years now. Has treated me really well. We can’t win them all, we just have to win most of them.That last UPS/Teamsters contract through 2028 will take a while to digest. But it also means that there shouldn’t be a strike in the next 5 years and they shouldn’t be facing a labor shortage either. I figure the stock will bottom soon and there’ll be a double or two coming. And while waiting, the dividend yield is currently just under 5% ($6.52) and the earning of almost $10 easily cover.
Fuel and labor are probably their 2 biggest expenses and petro might stay at a reasonable level for a while. I see the brown trucks in the neighborhood far more than the FedEx or Amazon trucks. But that might be because the family across the street has a delivery of some sort almost every day. I also own Waste Management. All of that packaging has to go somewhere. I almost bought a packaging company (WestRock: WRK) last year but changed my mind after it popped. Mistake as it had a well received merger announcement shortly after.
You saying we don't need bank regulators? 1929
BX stock seems fairly priced or maybe a little high? I started buying 15-20 years ago so I'm happy, but the market seems a little
high to me.
Agree. Yes, I’ve owned WM for about ten years now. Has treated me really well. We can’t win them all, we just have to win most of them.
Been eyeing OPEN a good bit recently, seems like a good real estate player to get in on before the fed starts cutting interest rates.
The most overrated fund manager out there...
Morningstar Calls Cathie Wood The Worst 'Wealth Destroyer'
No one wants to be known as the largest wealth destroyer.www.investors.com
She's Jim Cramer in a skirt. When she says something, do the opposite...
I don't know if I've ever seen a Wall Street figure get a bigger pass than her. She's a great analyst (maybe) who is just way over her skis as a portfolio manager. Her risk management skills are up their with LTCM and Bill Hwang, the only difference being since she manages public funds she can't completely blow herself up.The most overrated fund manager out there...
Morningstar Calls Cathie Wood The Worst 'Wealth Destroyer'
No one wants to be known as the largest wealth destroyer.www.investors.com
She's Jim Cramer in a skirt. When she says something, do the opposite...
If you had 20+k sitting in your bank account and you didn't need to use it for anything what would you do with it? How would you invest it say for 5 to 10 years give or take? What would be the best roi?