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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/22/12 at 12:28 pm to
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9350 posts
Posted on 2/22/12 at 12:28 pm to
quote:

What's your take?


My take is the T CEO should have been fired for the failed T-Mobile acquisition and resulting multi-billion break up fee, not that it failed but him agreeing to such a ridiculous fee knowing there was a significant chance of rejection/denial by the Feds. I can't understand how the guy kept his job and the board slapped his wrist and cut his bonus 25%. Still was paid > $18M + stock options, not the guy I would put my money on.

I haven't bought any individual stocks since Sep/Oct, the utility sector appears highly valued due to its run-up, even with a slight pullback. EXC is out there for analysis, but I can't get comfortable with it. Bought TOT and STO last fall, TOT dividend is ~ 4.5% now, but you have to pay foreign tax on the dividends.

I made some changes in one IRA, sold some appreciated securities and bought a toe hold in PQIIX for 25k. Pimco hired the equity mgt team from Thornburg/TIBIX that has performed very well the last 10-years. It may not be your cup of tea, and the institutional shares are the only class worth buying due to expenses. It also holds some foreign bonds, which may not fit your criteria.

LINK



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