| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 128.1 | for what its worth.... | BIG::SCHOTT | | Fri Mar 27 1992 14:52 | 4 |
| Is this the guy from Londonderry, NH?? I seem to recall an issue I got that
talked about safety rankings of insurance companies that was followed by
a retraction issue apologizing for misleading information in the previous
issue.
|
| 128.2 | yep, that's him ... | BUNDY::LONG | | Fri Mar 27 1992 16:14 | 4 |
|
Yes, that's the guy ... from Londonderry NH.
|
| 128.3 | You could do a lot worse | VMSDEV::HALLYB | Fish have no concept of fire. | Fri Mar 27 1992 16:15 | 18 |
| Yeah, this is the guy from Londonderry.
Hard to believe, but I actually attended a presentation he gave at an
investment convention last year. I was actually pleasantly surprised.
He discussed how to forecast interest rates and mentioned the CRB Index,
the futures put/call ratio and one other technique (M2 maybe). He was a
very good speaker, explained how to actually get the data and do the
arithmetic, and what the various thresholds are. He did not talk down
to the audience, something easily done at such cons.
He is into conservative, long-term investing and I would conclude
market timing as well (as in, "move money into/out of bonds") though
his data suggest he does not "switch" often.
This is not an endorsement, I'm just being fair: if he had been a jerk
I would certainly use this opportunity to ridicule him.
John
|
| 128.4 | contact info to come soon | BUNDY::LONG | | Fri Mar 27 1992 18:34 | 14 |
|
Interesting observation, John. Thanks.
I have already received a few requests for more info on "Profitable
Investing". I will try to remember to bring it in on Monday, and
post some contact info.
Again, not endorsing/recommeding/whatever. I thought this was the
most intriguing of these types of things I've received and was soliciting
comments from others who may have seen this thing.
Dan
|
| 128.5 | contact info | BUNDY::LONG | | Mon Mar 30 1992 14:46 | 19 |
|
"Profitable Investing" can be reached at 1-800-777-5005. The address is:
Profitable Investing
Philips Publishing, Inc.
7811 Montrose Road
Potomac, MD 20854
Cost is $99/year, $179 for two years. Each deal saves xx% off "regular"
price, and has "bonuses" - more of them for the two-year deal, and also
another one if you act within 30 days .....
The "guarantee" is full 100% refund of total subscription price "if you are
not satisfied for any reason", for up to 3 issues. You keep all issues and
bonuses ... After that, 100% refund of the balance of your subscription.
Once again, this is *not* an endorsement or recommendation.
|
| 128.6 | | HAMRAD::DONADT | | Tue Mar 31 1992 16:16 | 21 |
| I have subscribed for 2 or 3 months now and have been relatively
pleased. Will take at least a year before I will decide whether
to stay with him or now.
He is rather conservative, you won't make many big killings with
his recommendations but on the other hand there is not much risk
with his picks either.
He does come up with some good deals like buying stock directly
from the company (only a few companies allow this) with no commission.
I have bought some Texaco this way but have yet to see it move,
however, the downside risk is very low so am not concerned that
it is trading about a point below where I bought it. Would have
been worse if I paid a commission.
He looks for solid companies that are historically below what they
should be selling for, buys and then waits for he market to realize
that it is a bargin. Sounds to me like a good long term philosopy
to me and I'm willing to give him my money for a year or 2.
Ray
|
| 128.7 | See Note 124 | CGOOA::DURNIN | | Thu May 07 1992 18:58 | 6 |
| Hi,
I've added comment in 124.*
Good Luck
|
| 128.8 | An endorsement | ASDG::HORTON | | Mon Jul 27 1992 18:59 | 52 |
| And now for an unambiguous, unadulterated endorsement:
Richard Band is a steady performer who hits lots of singles and
doubles, a few homeruns, and strikes out very infrequently. Over
the past seventeen years I've made a lot of money on his advice.
Prior to starting his own newsletter, Richard Band was editor of
Personal Finance, a biweekly newsletter that was started back in
the high inflation 1970s. When Band left PF to start Profitable
Investing, I followed. I'll keep my PF subscription only until it
runs out next spring.
Band looks for solid, no-nonsense **investments** (as opposed to
speculations) to support longer-term, low risk growth. I'd rate him
80 percent value investor, 20 percent market timer. His "Total Return
Portfolio" doesn't have a whole lot of turnover (to the consternation
of my stock broker). His recommendations are very clear and specific
(e.g., "switch the 5 percent of your portfolio now in convertible stocks
over to cash if the Dow closes above 3400"). He recommends individual
stocks, but also endorses specific mutual funds as alternatives for
smaller investors.
In the July '92 issue of Profitable Investing Band suggests the
following weightings:
Utilities 25%
U.S. Growth Stocks 15%
International Stocks 10%
Bonds (short term) 25%
Cash 25%
Recently Band has adopted a careful, "let's go slow" attitude with
regard to U.S. stocks, and this is manifest in his current weightings.
Even so, he feels good about a few. His picks for buying now are:
Utilities: Bell Atlantic (47), Bell South (52), GTE(32)
U.S. Growth: Bristol-Myers (72), Merck (50)
Fund alternative: Vanguard Specialized-Health (35.00)
International: Fund alternative: Japan Fund (10.00)
Bonds: Fund alternative: Benham Adjustable Rate Govt. (10.15)
Figures in parentheses are "best to buy below" targets.
You won't get rich overnight following Band's advice, but you will
eventually. Furthermore, you won't lie awake worrying about that
leveraged buyout of a jojoba plantation that your friendly financial
advisor talked you into.
I think Band is one of the best. Give his newletter a try for a
year ($99); you'll see.
--Jerry
|