OT: Intel dividend yield @ 4%. Any takers?

[livinincali]

[quote=flu]You guys are too risky for me… I’ve just picked up intel shares at 19.85 this morning… Long term play…[/quote]

Hard to argue with INTC down at these levels, but the trend for INTC is terrible right now. It hasn’t even shown signs of stabilizing yet. I’d probably at least wait until you have some signs of stabilization like a QSII before taking a position.

AGNC got hit hard by resistance today. Gaped up to overhead resistance and got sold pretty hard. Definitely could be a case of the bounce is over, but we’ll see. It’s days like these in stocks that make it hard to time a bounce. How much do you let it pull back before you decide to sell.

[an]

Yes, days like today that make it hard to time the bounce. That’s because right now, it’s right in the middle of the bollinger bands. So, it can swing either way. But two (biz) days ago, we were well below the band: http://www.stockconsultant.com/consultnow/basicplus.cgi?&symbol=AGNC. And we saw a huge bounce. I don’t know where we’ll go from here.

[gzz]

Funny to see this topic, I just bought for the first time at 22 and a bit more last week I think at 20.5.

Looking at dividends does not make sense, you want to look at P/E and current assets minus all liabilities.

INTC is at a great price and I will continue to buy if it continues to drop, probably I’d double my position if it hit 19.

The company really does not have to do that well in the future when its PE is so low.

Their real problem is the market is switching from powerful desktop CPUs to tiny mobile CPUs. Nonetheless, their p/e is now under 9, and their traditional competitor AMD has nearly collapsed. AMD still makes good chips but only at a large loss, while INTC makes a solid profit. At some point that competition will end and INTC will have something very close to a monopoly.

[CardiffBaseball]

[quote=CA renter][quote=flu][quote=CA renter] With all due respect…Some people aren’t as lucky as you who have a guaranteed government pension that doesn’t need to self-manage their own finances you know… Some people actually have to “work” to have their money grow….Think about that one….[/quote]

Flu,

I do manage our own investments and the bulk of our money came from investments. If taxes were fair across all types of income, we wouldn’t have such a huge disparity in income/wealth in this country. Taking it further, if wages were taxed at a lower rate than investment income, workers would actually be able to dramatically narrow the wealth/income gap between labor and capital. Please explain why this would be a bad thing.[/quote]

CaRenter, how much in taxes is the govt. getting on the first 20-30k of income? Most can wipe that out with some combination of deductions. Low income folks get money back from the benefit for the working poor. My point is I don’t know how much more you could lower income taxes at the low end? Most of those lower income workers pay in nothing as it is.

Now my libertarian hat says that’s a good thing as it puts more money into the economy, but I am wondering what you are defining here? Is it the first 50k in wages?

[CA renter]

Cardiff,

No, I’m not suggesting that we lower taxes on the poorest people; as you mention, they are already effectively at 0%. I’m talking about taxing all types of income at the same (progressive) rates as earned income. We could keep the same tax rates as we have now (maybe small bumps up, back to Clinton or Reagan-era levels), but tax cap gains, dividends, etc. just like earned income.

Couple that with tweaking our tax and trade policies to favor companies who keep their manufacturing base here, and we would be well on our way to “broadening the tax base” (because more people would be working and earning higher wages which could be taxed more), and we could work down our deficit and debt problems, IMHO.

[an]

[quote=livinincali]AGNC got hit hard by resistance today. Gaped up to overhead resistance and got sold pretty hard. Definitely could be a case of the bounce is over, but we’ll see. It’s days like these in stocks that make it hard to time a bounce. How much do you let it pull back before you decide to sell.[/quote]4 days after hitting this resistance, it’s up another 2%. So, I guess the resistance wasn’t that strong, since it was up everyday since. It’s up ~9% from it’s recent month bottom on 11/14, but it’s still down ~2.5% from a month earlier. It’s down ~7% in the last 3 months and down ~1.5% in the last 6 months. But it’s up almost 13% YTD.

Also, it seems like CEL is back with a vengeance. Should have bought back in when it hit mid 8s.

[livinincali]

[quote=AN][quote=livinincali]AGNC got hit hard by resistance today. Gaped up to overhead resistance and got sold pretty hard. Definitely could be a case of the bounce is over, but we’ll see. It’s days like these in stocks that make it hard to time a bounce. How much do you let it pull back before you decide to sell.[/quote]4 days after hitting this resistance, it’s up another 2%. So, I guess the resistance wasn’t that strong, since it was up everyday since. It’s up ~9% from it’s recent month bottom on 11/14, but it’s still down ~2.5% from a month earlier. It’s down ~7% in the last 3 months and down ~1.5% in the last 6 months. But it’s up almost 13% YTD.

Also, it seems like CEL is back with a vengeance. Should have bought back in when it hit mid 8s.[/quote]

Huh. It’s trading off resistance levels again today. Basically it needs to trade and stay above 31.75-32 before I would call resistance broken. Today is the second time it’s taken a run at those levels and failed.

It could trade sideways for awhile and then take on those resistance levels or it might just end making a double top at resistance and resume a downward trend. I don’t know what’s going to happen. Seasonality is good for the market right now, so I’m inclined to believe the market will head higher until the end of the year but capital gains tax rates might be a significant hurdle.

[an]

AGNC today just closed at $31.48. So, it’s up ~3% over the last month and a half and on top of that, they just paid out $1.25/share in dividend on 12/24. So that’s another 4% (if you’re comparing to the $30.50 price, which was where it was in late november). I bought some at $29, so, between dividend and stock price rising, it’s up ~13% over the last two months. Not too shabby for 2 months. They’re still paying out about 16% of dividend so far.

[Coronita]

[quote=AN]AGNC today just closed at $31.48. So, it’s up ~3% over the last month and a half and on top of that, they just paid out $1.25/share in dividend on 12/24. So that’s another 4% (if you’re comparing to the $30.50 price, which was where it was in late november). I bought some at $29, so, between dividend and stock price rising, it’s up ~13% over the last two months. Not too shabby for 2 months. They’re still paying out about 16% of dividend so far.[/quote]

You know, if this was one of my buckets of investment. Whatever the money I had in that bucket, I’d take it offline and park it for the rest of the year. 13% beats your 3.75% mortgage +/- .50% Good enough for the rest of the year….

[an]

[quote=flu]ou know, if this was one of my buckets of investment. Whatever the money I had in that bucket, I’d take it offline and park it for the rest of the year. 13% beats your 3.75% mortgage +/- .50% Good enough for the rest of the year….[/quote]
I don’t like to park my money in good for nothing savings account making 0%. This is my RE play and I think RE is only starting its up swing. So I don’t expect AGNC to crash. So, I’m counting on the 16% in dividend and whatever growth it would give me. Even if it stay flat for a year, I’m still happy with 16% dividend. 3 more dividend payment for this year would increase my 13% increase to 25%, assuming AGNC stays flat for the rest of the year.

[desmond]

[quote=AN]AGNC today just closed at $31.48. So, it’s up ~3% over the last month and a half and on top of that, they just paid out $1.25/share in dividend on 12/24. So that’s another 4% (if you’re comparing to the $30.50 price, which was where it was in late november). I bought some at $29, so, between dividend and stock price rising, it’s up ~13% over the last two months. Not too shabby for 2 months. They’re still paying out about 16% of dividend so far.[/quote]

AGNC closed at $27.72 on Friday.

[desmond]

Down almost 5% today to $26.21. REIT? Anybody out there?

[all]

AN & FLU left the building few months ago.

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