Some High-Yield Dividend Stocks

Company Symbol Yield % Price

Cheniere Energy Partners, LP CQP 12.01% 17.37
TAT Technologies Ltd. TATT 12.01% 7.39
Triangle Capital Corporation TCAP 12.15% 15.15
Eaton Vance Tax-Managed Buy-Write Income ETB 12.64% 15.11
Hugoton Royalty Trust HGT 12.76% 19.71
Magyar Telekom Plc. (ADR) MTA 12.79% 15.16
ING International High Dividend Equity IID 12.95% 12
Formula Systems (1985) Ltd. (ADR) FORTY 13.07% 12.62
Frontier Communications Corp FTR 13.11% 7.95
Blackrock Kelso Capital Corp. BKCC 13.17% 10.6
Kohlberg Capital Corp. KCAP 13.31% 5.67
Gol Linhas Aereas Inteligentes SA (ADR) GOL 13.53% 12.78
ING Global Equity Divid.&Premium Opp-ETF IGD 13.65% 11.84
New York Mortgage Trust, Inc. NYMT 13.74% 7.69
Whiting USA Trust I WHX 14.3% 22.05
MFA Mortgage Investments MFA 14.44% 7.15

source: dividendstocksonline com (5/14/10)

Markets to Rally?!? Dr. Doom Calls a Short-term Bottom of 1,045 on the S&P 500

The S&P 500 hit Dr. Doom's (Marc Faber) 1,045 bottom intraday today. Markets rallied 1% soon after. "We're oversold near-term, not from a longer term perspective" says Faber.

(Bloomberg TV, 5/25/10)

Happy Monday! Far East Stock Markets Are Getting Crushed

The Far East markets are getting crushed today, down as much as 3%. No doubt the markets are still spooked from the collapse of the Euro. By the way, the Euro in my opinion is doomed (see the theEconomicAnalyst.blogspot.com blog for more on that). Anyhow, this should make for an interesting week. I will probably be doing some light trimming of the portfolio, probably selling one of my four REITs that I hold.

I am not really reacting to the mania of the markets just yet. I just like to buy stocks low and ideally hold forever, only selling when I see a screaming bargain in another stock or when a stock is overbought. I would prefer that the Dow return to the 6,000 level so I can make a killing by taking long positions in some absolute bargains. Why? Because I do not short, nor employ leverage, I just do what I am comfortable with doing and like Wayne Gretzky says 'skate to where the puck is going to be, not where it has been.' In my case I am having the stock prices come to me rather than chasing them around like I would with a hot gal!

If I see another 10% pull back, I may do some stock reallocation. Just nothing really interests me at the moment as I am fully invested.

Excellent video of Walter Schloss answering some questions from students at The Ben Graham Centre for Value Investing regarding some of his criteria for selecting stocks. Mr. Schloss helped to mentor Warren Buffett when the both of them worked for Mr. Graham, the father of Security Analysis.

http://www.bengrahaminvesting.ca/Resources/Video_Presentations/Guest_Speakers/Schloss.htm

Warren Buffett Partnership Letters

After all of these years, someone out in cyberworld has kept and posted several of Warren Buffett's partnership letters from 1959 to 1969.  Some of these letters go into the business deals that the partnership has made investments in, others describe how Mr. Buffett values a company for investment purposes such as balance sheet analysis; really fascinating stuff if you are trying to get into the mindset of Mr. Buffett from his pre-Berkshire Hathaway days.

The link to Warren Buffett's partnership letters:

http://www.pragcap.com/warren-buffett-partnership-letters/