Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the western United States, as well as lignite reserves in the Gulf Coast region. View More"
Clearly blood is running in the street. I am looking to build a future income stream so the thesis is that while reinvesting dividends further declines in the stock price will net more shares which translate into a larger income in the future.
If there are no divi cuts or future BK, 10.6 is not a bad rate to park $ at. I have seen some savvy investors post on these board. Any comments?
Besides doesn't it beat a partisan debate on what direction the sun sets? LOL,LOL.
This is from a political blog, but it makes a case for coal no matter what happens in Nov.
"The Future of Global Energy? Looks Like Coal
That the Obama Administration is trying to kill coal in the United States to please its greenie base is not news, but it won’t make a lick of difference to the trend of soaring global coal use, as my pal Robert Bryce points out in the Los Angeles Times today:
Prohibiting new coal-fired power plants may please President Obama’s domestic supporters, but it would leave global coal demand and CO2 emissions almost unchanged. Indeed, over the last decade, even if CO2 emissions in the U.S. had fallen to zero, global emissions still would have increased."
Coal isn't going away as an energy source anytime soon, a 10.6% yield is very respectable. My only reservation would be determining what the likely long term threats to coal are. Most likely the EPA and the policies of elected officials are the number one threat, even so alternative sources of energy are not going to replace coal over night.
As much as I poke fun at green technologies, I wonder if it would be wise to keep an eye on those companies and diversify some funds into those stocks once some winners come to the surface of the market.
I have also been keeping an eye on gold and platinum but those markets are too volatile for my tastes and I can't do day trading from my desk during the work week. If I can ever afford to retire maybe I'll try investing a limited amount in precious metals depending on what the market looks like at the time.
Back in the 1980's a shipmate's dad offered me an opportunity to invest in a company called StorageTek, being an E-6 at the time I felt that I needed to keep my money in a saving account instead of throwing it away on some new company just getting started. If I knew then what I know now I wouldn't have to work for a living today.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
otisptoadwater wrote: As much as I poke fun at green technologies, I wonder if it would be wise to keep an eye on those companies and diversify some funds into those stocks once some winners come to the surface of the market.
That being key - once some winners come to the surface of the market.
Eventually I plan in investing in precious metals but expect they will go up and down for awhile until enough people get shaken up by the market, coming soon, and then a bunch will jump out of the market. Then time to get in imo.
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the western United States, as well as lignite reserves in the Gulf Coast region. View More"
Clearly blood is running in the street. I am looking to build a future income stream so the thesis is that while reinvesting dividends further declines in the stock price will net more shares which translate into a larger income in the future.
If there are no divi cuts or future BK, 10.6 is not a bad rate to park $ at. I have seen some savvy investors post on these board. Any comments?
Besides doesn't it beat a partisan debate on what direction the sun sets? LOL,LOL.
