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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 17, 2007
Page
17
Salinas reader explains selling when a better opportunity exists or when overvalued. If tax costs negate gains, or the stock lacks rationale, consider selling. Also weigh timing, personal needs, and emotional factors, and document reasons for future reference.
A $17 billion direct selling firm founded in 1946 and based in Orlando, Florida. It employs about 1.8 million independent consultants across nearly 100 countries. Brands include Avroy Shlain BeautiControl Fuller NaturCare Nutrimetics Nuvo and Swissgarde. It markets food storage prep and serving items with a flagship design inspired by inverted paint can rims and has expanded toys. Strong sales growth expected in China and India.
The Cheapskate critiqued students using credit cards to pay tuition, citing 23 percent usage as ill advised. It notes Arriva card cash-advance growth, claims deceptive benefits, and warns of debt risks. автора Mary Hunt, Debt-Proof Living founder, invites tips and subscribes readers to the publication.
Buffett calls gambling a tax on ignorance and says risk is not knowing what you’re doing. He notes Berkshire’s size needs a $5 billion bet to move the needle and that past volatility isn’t risk. Munger stresses business and manager quality. letters from CEOs matter. Buffett invites readers to study annual letters and promises more nuggets next week.
A reader recalls buying Enron after 9/11 on an emotional impulse and laments how the stock fell quickly, leaving a costly lesson. The Fool notes common stockholders are last in line for any remaining money after a collapse, often ending with nothing while creditors may receive pennies on the dollar.
Home Depot reports a tough first quarter with a 4.3 percent drop in retail sales and a 24 percent fall in diluted earnings per share due to weather lower margins and a weak housing market. Total sales rise 0.6 percent helped by Home Depot Supply acquisitions, while management plans store, service, and supply chain improvements for the longer term amid a 2 percent dividend yield.
Based in New Jersey and established in 1891 by Germans, Merck is noted for medicines such as Singulair Cozaar Hyzaar Fosamax Januvia Vytoria Zetia and the 2003 spin off of Medco. It has donated medicines income exceeds 22 billion dollars and employs about 60 000 people.
A reader asks about dying intestate and leaving assets to a surviving spouse versus children. Bruce explains intestacy splits vary by state, recommends a simple reciprocal will, and cautions about administration and bonds.
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