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Tag Archive | drop

Selling Off Amazon Shares On Cyber Monday Is Incredibly STUPID — Just Herd Mentality!

by Anura Guruge


amznnov28

Click to access v. germane ‘MarketWatch’ story.


amzncybermon

From “MarketWatch” — use link above to access chart if you need to. Otherwise: marketwatch.com


 

Betting against Amazon post-Black Friday and during what is really ‘Cyber Week’, rather than just Cyber Monday, is PLAIN STUPID.

You know, and I know, that Amazon is making out like a bandit.

Others might do well, but in the end Amazon would still have done better.

Why bet against Amazon (AMZN) to YOUR detriment.

Today’s 1.9% drop should be a buying opportunity.

Amazon will go past $800 before the year is out AND ahead of the Fed’s, inevitable (spite Trump), December rate increase.

This is not the time to sell. Wait for it t0 get to $800+ — then sell JUST ahead of the December Federal Reserve meeting December 13 – 14, 2016.

But for now … BUY, BUY, BUY AMZN.

Full disclosure: I own AMZN and I am very long. 


Related Posts:
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Search on ‘Amazon’ for other related posts >>>>


by Anura Guruge

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Not Just Netflix, All Of Us Will Be Impacted By Credit Card Insertion — Adding 30(+) Sec. Per Transaction.

creditcardemvAnura Guruge December 2014 thumbnail
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by Anura Guruge


Related posts:
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Credit card chip enforcement (EMV).

++++ Search on ‘credit card’ for other posts >>>>


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Click to ENLARGE and read here. Here is the link to the original: http://goo.gl/jaPxXs


Now that credit card chip enforcement (EMV) — i.e., insert vs. swipe — is in use have you noticed that it is taking 30 to 40 seconds LONGER for each transaction to be authorized. At least that has been my experience at Walmart — one of the FEW retailers, around here, that have moved to ‘insert’. Maybe that is just teething troubles during this first month. But then again it could be that the additional processing, which why we have a chip on the card in the first place, will always take longer — though possibly, with luck, not 30 to 40 seconds longer.

Unless we are travelling I don’t do too many credit card transactions a day (compared to others that work in a city or go shopping at Malls on a regular basis). But let’s say we, on average, do 4 credit card transactions a day. The extra 30 seconds would then translate to 2 minutes a day of WASTED time where we are hanging around, in front of a credit card machine, waiting to complete our transactions. That is a pretty amount of time — in my book. But let’s work this out. 2 minutes a day is 14 minutes a week. Now you have to admit that that is starting to get your attention.

1 WHOLE HOUR A Month!

1 whole hour.

That is 1/2 a Day each year.

A full day every 2 years.

Get the drift. This is NOT good. As some of you know I have a phobia about wasted time. Time is my greatest and most valuable possession. I really resent my time being wasted.

So a BIG heads up.

Check this INFOGRAPHIC about how much time we already spend inline — just on vacation. Credit card insertion will ADD to that!

Click to ENLARGE and read here.
This is the link for the original from the U.K. “Daily Mail”.

inline1111addsfsinline2222addsfs



Netflix balming credit card insertions for their DROP in U.S. revenues AMUSED ME — and I am a NFLX shareholder (and I own more than a couple).

Read between the lines.

This is what I think they are saying. There was a LOT of fraudulent credit card transactions on Netflix!

The chip-based cards are weeding out some of this FRAUD. That I think is the real cause.

 


Aberdeen (Artio) Global High Income Fund, BJBHX — ONLY For Those Hell Bent On Losing Money.


.Anura Guruge December 2014 thumbnail

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by Anura Guruge


Related posts:
0/ Final goodbye to BJBHX.
1/
BJBHX $0.26 cap gains for 2014.
2/
BJBHX stopped hemorrhaging for a day.
3/
BJBHX depressing news.
4/
BJBHX: sticking it out till 2015.
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BJBHX has decent December 2013.
6/ 
Uncontrollable Infatuation With BJBHX.
7/
BJBHX: I Bailed With Regret.

++++ Search ‘BJBHX‘ for other related posts >>>>


BJBHX chart from MarketWatch.

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I feel bad, real bad, for those that are still in BJBHX. With interest rates set to go up and the stock market taking a beating there is only one way that the BJBHX NAV was going to go and that was NOT upwards. BJBHX kept me afloat during the worst of the 2008 – 2012 financial crisis. I do not know what I would have done if not for BJBHX. But that was then, and this is now. I always knew that 2015, with interest rates bound to go up, was going to be painful for BJBHX. That said I hung on to it, albeit with a reduced holding, until May 2015. I then bailed and I am so glad I did. I invested all of my BJBHX holdings in AMZN and have been writing options against the stock. SMILE. Sure beats BJBHX.

I did tell you to bail, with me, in May. The NAV was $9.77 then. It is $9.17 today. A 6% drop in 6 months. That can be painful.

From what I can see the only rationale for staying with BJBHX is IF you have need to lose some serious money. Well, some people do — to offset huge Capital Gains or reduce their nett worth. BJBHX is the perfect instrument, these days, to achieve that. It will help you lose money with style. IF you are not that keen about losing money then BJBHX is NO LONGER for you. Their run, and it was good in the glory days when junk bonds were king, is now over. So I am just trying to help you. OK?

Best of luck. Fingers crossed for Thursday. I actually want the Feds to raise the damn interest rates. Lets move on. Get it out of the way. This slow drip-drip wait is a waste of time. Yes, a volatile market is fun but it is also nice to see the market chugging upwards.


Alton, N.H. 2013 – 2014 Property Tax Rate At $13.44 per $1,000 Is Down By 1.75%

Anura Guruge, June 8, 2013.

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Anura Guruge


Related posts:
1/ Alton 2013 – 2014 tax rate — Nov. 6, 2013.
2/ Alton bill Dec. 12, 2013? — Nov. 1, 2013.
3/ NH property tax rates for 2013 delayed — Oct. 3, 2013.
4/ N.H. 2013 – 2014 Property Tax Rates … — Sep. 2, 2013.
++++ Search on ‘tax’ for other posts >>>>


Click to ENLARGE.

Click to ENLARGE.

I called up the Alton Tax Collector and got the rates.

So that is how it compares. Biggest drop, 16 cents is the school portion. The retirement of the Prospect Mountain School building bond reduced a total of 68 cents. Those of you who can remember that far back may recall that in February-March of this year we had quite a few brouhahas about that number because the ACS SAU kept on factoring that reduction in when stating what the new bond would cost us. Read this post and check the newspaper article referenced. So, the school budget did go up, by $0.52 I guess. The -$0.68 help offset it and keep it to -$0.16.

Tax bills will not be mailed until Thursday or Friday of next week, i.e., November 14 or 15, 2013.

Gilmanton tax rate dropped 9.7% from last year. So, if you were looking for a comparison.


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