Comments on: Now it’s your turn …

By: Jim Elmore

Jim Elmore — Sun, 30 Nov 2008 16:27:49 +0000

I am retired five years, Wife retired 4 months. The value of our of our deferred compensation accounts dropped over $50,000. BUT I have a good pension and the wife a small one. Not using our deferred yet, in fact moving them to Etrade for greater trading opportunities. Read the Gumshoe daily, am an Irregular of course and hope to move more funds to the children,grandchildren, the utility companies, the local gas stations, the mortgage company, restaurants and of course taxes before we die.

Thanks Gumshoe

By: Leslie Lockett

Leslie Lockett — Sat, 29 Nov 2008 21:39:54 +0000

As a relative novice I’m not at all comfortable with short selling or options. I’m sure that there are opportunities for value investing, including especially dividend paying stocks. Sure wouldn’t hurt to benefit from a long shot every now and then to help recoup. Seems to me, however, that the professionals with their inside knowledge and ability to execute transactions in nano speed have the advantage, while the rest of us get in a heartbeat late on “old news”. Still and all, I’m trying my hand at “pattern trading” – a little profit here, a little profit there, and unfortunately some losses (despite best efforts at due diligence reading through the lines of conflicting information).

Gumshoe, you are THE BEST! I’ve learned a whole lot from you and your loyal readers in their comments.

Much good luck to us all, and thanks so very much for all that you do!

By: c m watson

c m watson — Wed, 26 Nov 2008 03:57:11 +0000

Dear Gummy: I just recently came across your website and now I’m addicted. After a lifelong friend (and who we had invested with for years and one very well with leasing) I lost all my husband’s $385,000 insurance money because he misappropriated the funds–don’t know what he did wih them as I got regular paperwork showing the increasing value–but he is dead now at age 66years and I’m still going strong at almost 85 years. The stock market has crushed me but I’m in a few Canadian Trusts, which still pay a good dividend, and in natural resources, which should recover. My big concern is that I have two disabled sons (58 year old twins) and I’m worried about leaving enough to care for them. I think the people who caused this meltdown all belong in prison, doing hard labor, instead of living the good life! We always lived very modestly but helped many less fortunate friends and family–I know my deceased husband would be very sad over our family’s current situation.

By: John

John — Mon, 24 Nov 2008 21:24:13 +0000

Thanks Gumshoe for you valued opinion, and debunking the teaser newsletters.
I’m near retirement and got out of the markent in mid Jan ‘08, so since then I’ve been enjoying the plumeting prices, possibly back to a “real level” where I’ll try to buy into things like good little mines with high % resources in the ground and easy mining methods applicable.

The only problem is that when they get really cheap in an over sold market they will probably be taken over and I’ll never see a significant rise that their true value deserves in a normal market.

So maybe there should be an extra alternative in the first group for “people on the sidelines waiting to have a go after they have learned a lot from the Gumshoe”.

Your broard coverage is really useful, thanks very much.

Good work has it’s own rewards.

Following hype does not.

Cheers
John

By: Eric

Eric — Mon, 24 Nov 2008 12:58:35 +0000

On the subject of Canadian REITs, the high return of oil/gas trusts like AAV, PGH, PVX, and PWE have gone from ~10% to ~20% (after the sizable Canada tax) recently as the stock values have been cut in half while the pay-outs stay constant. As I’m in for the long term, I like these for the income part of my portfolio.