tag:blogger.com,1999:blog-1527840491496268397.post5738196849142707229..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Checking on Re-Nicotinization ThesisUnknownnoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-1527840491496268397.post-12113284819994022062021-08-30T14:31:12.505-07:002021-08-30T14:31:12.505-07:00I may write a blog post on the costs vs benefits o...I may write a blog post on the costs vs benefits of using nicotine.<br /><br />Potentially beneficial aspects of nicotine:<br />- cognitive enhancer / nootropic<br />- energy booster<br />- appetite suppressant<br />- anti-depressant / mood enhancer<br />- sociability enhancer<br />- "protective action against nigrostriatal damage" (Parkinson’s disease)<br />- competes with covid for ACE2 receptors<br /><br />Potentially harmful aspects of nicotine:<br />- vasoconstriction <br />- tachycardia / other cardiovascular effects<br />- upregulation of ACE2 receptor expression (covid risk)<br /><br />Other aspects to consider<br />- tolerance / adaptation (net benefit, same question as caffeine)<br /><br />Let me know if you have other potential costs, benefits, or aspects to consider. (Or any good evidence regarding the aspects that I have mentioned here.)CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-33514798653356713912021-08-06T15:01:30.882-07:002021-08-06T15:01:30.882-07:00The Partnership previously declared its second qua...<i>The Partnership previously declared its second quarter distribution in the amount of $0.480528 per common unit payable on August 12, 2021 to common unit holders of record as of August 2, 2021.</i><br />https://www.sec.gov/Archives/edgar/data/1172358/000143774921018704/ex_272179.htm<br /><br />https://www.nasdaq.com/market-activity/stocks/dmlp/dividend-historyCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-50653833193476320672021-08-06T09:48:46.725-07:002021-08-06T09:48:46.725-07:00Interesting to look at the dividend history of DML...Interesting to look at the dividend history of DMLP<br /><br />https://www.macrotrends.net/stocks/charts/DMLP/dorchester-minerals/dividend-yield-history<br /><br />Although crude for immediate delivery traded below $0, the futures didn't.<br /><br />https://stockcharts.com/h-sc/ui?s=%24WTIC&p=D&yr=5&mn=0&dy=0&id=p17870978824<br />https://quotes.ino.com/charting/?s=NYMEX_CL.F22<br /><br />I'm not worried about what happens to oil when the economy shuts down. <br /><br />You do have to satisfy yourself about the Demand Question and the Supply Question though.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-32378934175329662772021-08-05T21:04:18.262-07:002021-08-05T21:04:18.262-07:00CP,
The main tax complication of DMLP is that tax...CP,<br /><br /><i>The main tax complication of DMLP is that taxable holders must report distributions as partnership income including the separate items furnished in what is known as a K-1 form.</i><br /><br />I’d want to put it in my traditional IRA. From what I’ve read over the past hour or so, that complicates it even further. <br /><br /><i>To buy it, I think you have to have the view that, while electric vehicle sales may continue to slowly grow, the worldwide ICE vehicle fleet is going to keep growing too.</i><br /><br />I mostly believe, although I do own a battery operated lawn mower, hedge trimmer, weed eater, jigsaw, drills, reciprocating saw, and chainsaw now. So, there’s that. I like the convenience of batteries, lack of fumes, and the quiet.<br /><br /><i>Remember that U.S. explorers and producers lost an incredible amount of money over the past decade. They burned their debt and equity investors…</i><br /><br />Seeing oil trade below $0 was more than a bit shocking. Even as a bystander, it negatively affected my confidence. If that can happen, what else can happen?Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-85969735543233004652021-08-05T17:20:14.819-07:002021-08-05T17:20:14.819-07:00Perhaps it's time to give oil and gas royaltie...Perhaps it's time to give oil and gas royalties a ponder?<br /><br />http://www.creditbubblestocks.com/2021/02/dorchester-minerals-lp-retrospective.htmlCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-21952628903961878982021-08-05T17:11:16.593-07:002021-08-05T17:11:16.593-07:00Oh yes, I see the blog post:
http://illusionofpro...Oh yes, I see the blog post:<br /><br />http://illusionofprosperity.blogspot.com/2021/08/trading-update.htmlCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-59358638256406553042021-08-05T16:11:21.819-07:002021-08-05T16:11:21.819-07:00Yeah. I double weighted BAT (ticker BTI) though.
...Yeah. I double weighted BAT (ticker BTI) though.<br /><br />That brings my IRA to roughly 2/3 VPU, 1/6 BTI, 1/12 MO, and 1/12 PM.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-39512084175989862192021-08-05T14:37:45.481-07:002021-08-05T14:37:45.481-07:00Mark, did you go with the Big Three?
Mark, did you go with the Big Three?<br /><br />CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-90853625113088355932021-08-02T11:42:46.076-07:002021-08-02T11:42:46.076-07:00I’m in. Three tobacco stocks are now a third of my...I’m in. Three tobacco stocks are now a third of my IRA. Feel pretty good about it. It took me time to warm up to the idea, but I’m embracing it now.<br /><br />http://illusionofprosperity.blogspot.com/2021/08/trading-update.html?m=0<br /><br />My best investment was based on an addiction, so why not embrace it?<br /><br />I’ve seen it first hand. In the late 1990s, I saw a man walk up to the counter of a game store with packs of Magic: The Gathering cards in his hands. He paid cash for them. I watched him open the packs and not find what he was looking for. He then walked back to the shelves and grabbed more packs. He walked back to the counter, pulled out his credit card, turned to me and said, “Magic plastic.” Had a big grin on his face. What he didn’t know, and I didn’t tell him, was that I was in the store solely to see how the game that I invested in was doing. Needless to say, this anecdotal evidence far exceeded my already high expectations.<br /><br />That’s when I knew that it would probably retire me. Didn’t take long after that. Felt like I’d just won the lottery. Addicting card game combined with addicting credit. Powerful combination. Magic plastic. It’s a two word phrase that I will never forget.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-87580409451453293742021-08-02T08:05:30.850-07:002021-08-02T08:05:30.850-07:00Mark,
Compare the big tobacco dividend payment hi...Mark,<br /><br />Compare the big tobacco dividend payment history to that of utility companies:<br /><br />https://www.macrotrends.net/stocks/charts/MO/altria/dividend-yield-history<br />https://www.macrotrends.net/stocks/charts/PM/philip-morris/dividend-yield-history<br />https://www.macrotrends.net/stocks/charts/BTI/british-american-tobacco/dividend-yield-history<br /><br />and<br /><br />https://www.dividendinvestor.com/dividend-history-detail/vpu/<br /><br />-CP<br />CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-92106527179672653332021-08-01T21:55:15.506-07:002021-08-01T21:55:15.506-07:00First, a possible correction.
Note also that the ...First, a possible correction.<br /><br /><i>Note also that the combined earnings were up from $16 <b>million</b> in the first half of 2020.</i><br /><br />Billion?<br /><br />Now, a thought.<br /><br />The secular trend for tobacco is unquestionably down. If you are long the tobacco companies you’re on the wrong side of the trade.<br /><br />I joke. I saw the following quote on the Yahoo Finance message board for TLT about 3 months ago. Filed it away for future potential amusement.<br /><br />“The secular trend for bond yields is unquestionably up. If you are long the TLT you’re on the wrong side of the trade.”<br /><br />In hindsight, perhaps he should have questioned his obvious trade. TLT has had a great 3 months.<br /><br />“Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.” - George Soros<br /><br />I think that’s exactly what you are hoping to achieve with tobacco companies. To a much lesser extent, that’s also what I am hoping to achieve with utilities. The headwinds for both are obvious to all. But the potential rewards? Perhaps not so obvious to all.<br /><br />As for Tesla and bitcoin, the rewards are clearly obvious to all, but perhaps not the headwinds. Yet.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-42582185660059244102021-08-01T17:20:27.440-07:002021-08-01T17:20:27.440-07:00It could (also) be that lighter taxes on newer pro...It could (also) be that lighter taxes on newer products leave more margin on the table for the companies, whereas with cigarettes governments are soaking up lion's share of the profit.Allan Folzhttps://www.blogger.com/profile/06762674627739423845noreply@blogger.com