There are over ten stocks on the latest High Yield No Debt Stock List at WallStreetNewsNetwork.com, which have yields ranging from 2% to 7.7%, and all of which are debt free.

An example is Paychex, Inc. (PAYX), a provider of payroll, human resource, and benefits outsourcing solutions. Its market is primarily small and medium size businesses. This debt free company pays a yield of 4.5%, and has been paying quarterly dividends since 1994. It trades at 21 times earnings. Earnings for the latest quarter were up 6.7%, on a 3.6% increase in revenues. In August, Deutsche Bank upgraded the stock from a Sell to a Hold.

Another example is Erie Indemnity Co. (ERIE), an insurance company based in Erie, Pennsylvania, which also has no debt. The stock sports a yield of 3.2%, and a PE ratio of 22. Net income per diluted share for the latest quarter was up 36% year over year, with gross margins rising 21.1%.

To see a free list of many other companies that have no debt and pay high yields, five of which pay more than 6%, go to WallStreetNewsNetwork.com. The list, which is in an Excel format, can be downloaded, sorted, and updated.

Disclosure: Author owns AAPL and AMZN.

By Stockerblog.com

One of the stocks that shows up on the WallStreetNewsNetwork.com list of dividend increasing stocks is Clorox (CLX), which has increased its dividend for 33 years in a row, and provides a current yield of 3.5%. But the interesting feature about dividend raisers is that the effective yield based on cost basis is much higher.

Let’s not go back 33 years or even 30 years, as that is a long time for any investment. But looking back twenty years, if you had bought the stock at that time, the initial yield would have been only 1.7%. If you held onto the stock, taking into consideration the stock splits and dividend reinvestments, the current yield based on original cost would be an incredible 41%.

So maybe twenty years is still too long of a time frame. Let’s look back just ten years. Based on a purchase ten years ago, the current effective yield based on cost basis would be 6.1%, which is still pretty substantial, compared to the current yields on other large cap blue chip stocks.

Clorox recently posted a 37.6% increase in earnings on a slight drop in revenues. Operating cash flow of $873 million is way more than enough to cover the $ 306.77 million in dividend payouts. The company held its shareholder meeting yesterday and reported that it anticipates stronger growth in the second half of its fiscal year.

There are plenty of other dividend increasers that investors can choose from which can be found at WallStreetNewsNetwork.com, all with dividend increases for over 30 years and yields ranging from 0.9% to 5.0%.

Disclosure: Author did not own the above at the time the article was written.

By Stockerblog.com

Ken Fisher Interview Part 2
Please note: Interview took place on Wednesday, October 27, 2010

Stockerblog: I’m going to get back to the bunks shortly but I read recently that you’re moving your offices or some of your offices to the State of Washington?

Fisher: We have 325 people in the state of Washington., and we started moving people into Washington three years ago. We’re building a building in Washington because traditionally we like to own our own real estate and not to be in leased space. At this point in time, we now have about a third of our employees in Washington and we are not doing anything that I consider as very radical.

Stockerblog: What this was leading to was, I was wondering what you think is the future of California, not from a political standpoint but a financial standpoint in the next couple years.

Fisher: In the next couple years, California will largely continue on the trend that is has been on. Let’s just think that through. Forgetting about other things, the driving feature in California for some period of time now, forgetting about budgets per se, has been to slightly lose population While shifting the demographic of the citizenry and the voter base, away from productives towards non-productives.

That becomes a momentum unto itself because the productives move out of the state of California and the non-productives into California, the non-productive become dependant, if you will, on the professional political class, which provides more support for more big government which requires more spending which requires more taxes and/or bigger deficits., either way, which again drives more productives away. Until you break that cycle, which is not easy to do, and if not done quickly, California continues down the same basic path.

So if you look at this year, which is on a national basis, is a year that is aiming towards more fiscal responsibility, supposedly, or more conservative people being elected, House of Representatives almost certainly going to Congress, governorships shifting heavily away from Democrats towards Republicans, California isn’t going there at all. California is going to elect or in a sense you could say re-elect Jerry Brown governor. [Ed. note: Interview was Oct. 27] The legislature is going to remain heavily Democratic. The same dilemmas that Arnold Schwarzenegger faced as governor Jerry Brown is going to face as governor.

If you look for example at it from a different way and this is somewhat telling, if you look at the House races across the country that are thought of as toss-up races, the ones that could go either way, not a one of them is in California.

California isn’t shifting so its basic problems will remain the same. Its socio-political world has continued to tilt away from productives a little bit each year toward more unproductives a little bit each year, which maintains and establishes the voting populace at a little more dependant on the professional political platform.

Stockerblog: I think the fear from investors is, could the state go bankrupt, is that even a possibility, and if that did happen, then what?

Fisher: You asked about the next few years. The state is not going to go bankrupt in the next few years. The state’s going to have severe budget problems in the next few years. Might the state eventually go bankrupt? Yea, but not in the next few years.

I will make one point, that’s an observation that so far does not seem to get the light of day. In November, I turn sixty, and in my lifetime, my adult lifetime, there has never been a November election in California that did not have multiple bond issue initiatives on the ballot. For the first time in my adult life, there are no bond issues on the California ballot and nobody seems to notice that. The San Francisco Comical hasn’t written about it, the LA Slimes hasn’t written about it. That’s an interesting sign. It’s a sign to me that California isn’t going bankrupt anytime soon, but that’s also a sign that’s good that they can’t sell any bond issues anyway.

End of Part 2

The Debunkery book is available at Amazon.

Ken Fisher obviously doesn’t give individual stock recommendations in his interviews, but some stocks he likes that were mentioned in his recent Forbes columns are available in the form of a free Excel list at WallStreetNewsNetwork.com.

Part 1 of this interview is available HERE.

By Fred Fuld at Stockerblog.com

Disclosure: Interviewer doesn’t own any of the stocks mentioned in this interview series at the time the article was written.

Copyright 2010. All rights reserved. Reproduction of this interview prohibited without permission. All opinions are those of Ken Fisher, and do not represent the opinions of Stockerblog.com or the interviewer. Neither Stockerblog nor the interviewer nor the interviewee are rendering tax, legal, or investment advice in this interview. If you want tax, legal, or investment advice, contact the appropriate professional.

Over the last six months, the Utility Index was up about 5.2%, whereas the S&P 500 was down by 2.4%, a 7.6 percentage point difference. And if you compare the two indexes over a five year period, the utilities outperformed the S&P by four percentage points. The best feature about utility stocks is the high yield that many generate. For example, according to the recently updated list of high yield electric utility stocks at WallStreetNewsNetwork.com, there are over 30 that pay a dividend in excess of 4%.

As an example, Consolidated Edison Inc. (ED), the utility that serves New York City and Westchester County, yields 4.8% and sports a forward PE ratio of 14. Total dividend payouts of $672.6 million are very well covered by the company’s operating cash flow of $1.82 billion.

Another high yielder on the list is Ameren Corporation (AEE), which serves Illinois and Missouri. The stock pays a 5.3% yield and trades at 12 times forward earnings. Total dividend payouts of $368.4 million are extremely well covered by the company’s operating cash flow of $1.88 billion.

To see the rest of the high yield electric utilities, you can get a free list, which can be downloaded, changed, and updated, at WallStreetNewsNetwork.com.

Disclosure: Author didn’t own any of the above at the time the article was written.

By Stockerblog.com

One example is Superior Industries International, Inc. (SUP), which makes and markets aluminum road wheels to original equipment manufacturers. The stock trads at 13.5 times forward earnings, and sports a yield of 3.6%. This debt free company carries $5.37 in cash, or roughly 32% of the stock price.

Hot Topic Inc. (HOTT) is looking pretty hot with a 4.7% yield. The stock has a forward PE of about 36. The cash per share amounts to $1.39, or roughly a quarter of the stock price. The company is, of course, debt free.

To see the entire list of High Yield No Debt High Cash Stocks, which you can sort, change, and update, go to WallStreetNewsNetwork.com. The list has stocks with yields ranging from 3.4% to 12.6%, and cash per share as high as 47% of the stock price.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

If you think you know about economics already, you may be right to a certain extent. For example, basic supply and demand works at all prices down to a penny, but once you drop from a penny to free (or what he call in the book FREE!), then economics is turned upside down. For example, did you know that attorneys would rather work for free than be paid $30 an hour?

He explains how relativity and comparisons affect our financial decisions (and personal decisions such as dating). He also talks about how compensation of gifts versus cash bonuses can make a big difference, and how it can affect employee morale. In addition, he also covers how ownership can affect the perceived value of the asset, and how it can vary widely from the perceived value of the non-owner. Did you know that the more expensive a medicine is, the more likely you will receive a positive benefit, even if it is the same medicine?

The nice feature about this book is that all the lessons he offers in the book are backed up by scientific experiments, that he has performed! He goes into detail about the experiments, without making it boring. Ariely talks about how the control groups and the experimental groups are set up, and even gives examples of a couple of the human guinea pigs for each of the experiments and what they experienced, and why they experienced it.

After the experiments are over, he thinks about the ‘what-if’s', and then performs follow-on experiments, and he tells you about the follow-on studies.

For an economics / psychology book, it is amazing how it holds your attention. I like the fact that he doesn’t just tell you what he thinks; everything is back up with experimentation. I highly recommend that you read Predictably Irrational, Revised and Expanded Edition.

The Lake Erie Energy Development Corp., a Cleveland-based nonprofit, said the direct-drive turbines will provide 4 MW each of electricity and would be operational by the end of 2012, generating enough electricity to power 6,000 homes.

Ohio ‘s greatest potential for creating wind energy is offshore in Lake Erie , and this partnership marks a significant step forward, said state governor Ted Strickland.

The Lake Erie project, the first freshwater offshore wind farm in the U.S. , will use GEs next-generation wind turbine, the largest in its product line, designed specifically for offshore deployment. It will incorporate direct-drive technology from ScanWind, a Norwegian company acquired by GE last year, and will feature GEs advanced loads controls and aero-elastically tailored blade technology.

The first turbines will be located 6 miles north of Cleveland Browns stadium, according to LEEDCo officials. The initial phase will cost between $80 million and $100 million.

The announcement, made at the American Wind Energy Associations Windpower 2010 conference, came less than a month after the Obama administration approved the Cape Wind project for a wind farm offshore from Cape Cod .

The New York Power Authority in December put out a request for proposals for an offshore wind farm in Lake Ontario or Lake Erie . The deadline for the New York Great Lakes Offshore Wind Project proposals is June 1.

Under the Ohio agreement, GE will build and maintain the initial 20-megawatt wind farm. The Fairfield, Connecticut-based company will also work with LEEDCo to create a strategic plan to identify cost reductions that can help make offshore wind energy in the Great Lakes economically viable.

Together, we aim to develop a cost-effective approach for installing and maintaining offshore wind turbines with the highest possible availability, said LEEDCo president Lorry Wagner. We are confident that as the GE product line develops and our methodologies mature, the combination will promote a self-sustaining and growing market for offshore wind in Lake Erie and the Great Lakes .

Source: http://oilprice.com/Alternative-Energy/Wind-Power/Lake-Erie-Wind-Farm-to-be-First-Freshwater-Offshore-Project-in-U.S.html

By. Darrell Delamaide for OilPrice.com who offer detailed analysis on Crude oil, Natural Gas, Geopolitics, Gold and most other Commodities. They also provide free political and economic intelligence to help investors gain a greater understanding of world events and the impact they have on certain regions and sectors. Visit: http://www.oilprice.com

The nice feature about these muni CEFs is that almost all of them pay their dividends monthly, which means that you receive your investment back faster and can compound quicker.

Pitfalls to watch out for include high management fees, large Alternative Minimum Tax exposure, the amount of leverage that is utilized, and whether the fund is trading at a premium or discount. WallStreetNewsNetwork.com has recently come out with a list of over 200 of these tax free stocks (technically tax free CEFs).

Several of the California CEFs have been hit hard due to the state’s financial woes, causing a few to sell at a decent discount to net asset value. For example, the Morgan Stanley California Insured Municipal Income Fund (IIC) has a yield of 5.7%, exempt from both California state and Federal tax, and is selling at an 9.7% discount to net asset value. Most muni CEFs use leverage, and this one has about 31.1% leverage, which is lower than the average leverage use by muni CEFs in general at 34.75%. The management fee is a reasonable 0.51%, lower than the average of 0.7%. The fund was founded in 1992.

Michigan has been hammered also. The Nuveen Michigan Premium Income Municipal Fund (NMP) yields 6.1%, and is trading at a 10.1% discount to NAV. Leverage is 33%, and the management fee is 0.65%. The fund has been paying dividends since 1992. Only 4.48% of the portfolio is subject to AMT.

BlackRock Municipal New York Intermediate Duration Fund (MNE) has a yield of 5.2%, trades at a discount of 7.9%, uses 33.2% leverage, and has a management fee of 0.69%. The fund was founded in 2003.

To see the list of over 200 tax free stocks, which shows the symbol, yield, premium or discount, leverage, management fee, when founded, focus, and other information, go to WallStreetNewsNetwork.com.

Author does not own any of the above. No investment or tax advice is expressed or implied. Check with your tax advisor before investing.

By Stockerblog.com

These are simple loans provided against the sufficient collateral with low interest rates. The collateral can be in diverse forms like any valuable thing, home, property, car, firm, factory or any other thing composing high equity. This provision provides the lenders with sufficient guarantee for approving the loan as it also provides security to both the lenders and the borrowers at the same time. The terms and conditions are also flexible regarding this scheme.

The amount which can be achieved with these loans ranges from 5000 to 100000. The most notable quality of these loans is the interest rates which are comparatively low to avail all its benefits to all borrowers. Sometimes though after pledging sufficient security the affordable rates cannot be getting thus disappointing the borrowers who are really in need of cash but cannot support the interest rates. But these loans are designed specially for all types of people so that they can have the benefits. The time period of repaying is also very attractive and can be extending in between 5 to 30 years.

Low rate secured loans are also available with easy monthly installments. In some case early redemption though without any penalty is also providing. The funds available can be used for diverse purposes like home renovation, car purchase, medical treatments, weddings, debt consolidation, etc. and though with the benefits of low rates. The approval of the loan amount depends also on the factor of repaying capability. Any default in terms of the repayment would lead to the repossession of the property. These loans can be applied offline through usual method but are also available with the online process which is the most convenient for achieving.