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Bob Wells

 
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  • The Real Nifty 50 For Dividend Growth Investors [View article]
    Dale:

    Of course, each of the stocks that the panelist picked have a history. Perhaps a lot more on that at another time.

    I believe you find history to be relevant from the following quote contained in your article:

    "Sometimes there's logic in putting your money on a horse that has a history of winning?"

    Dale, I really had a hard time following the logic in this section of your article:

    "You will see that there is a disparate approach between the Seeking Alpha authors and the managers of the Vanguard Dividend Growth Fund. We can find that difference in approach in this sentence...

    The fund focuses on high-quality companies that have both the ability and the commitment to grow their dividends over time."

    Both the DG investors represented in Mike Nadel's article and the VDIGX it would seem focus "on high-quality companies that have both the ability and the commitment to grow their dividends over time."

    Dale, you end your article with a number of quotes .... "For those who invest for income and are confident that total return will come along for the ride, this may sum up the approach ..."

    Dale it is now clear that you and a large number of supporters believe that it is important to focus first on total return.

    I'm sure many will find surprising to learn that a fund your advocating that you believes focuses first on total return describes itself this way in one of the brief fund summaries found on the Vanguard site which summarized the funds focus in the following quote: "the Vanguard Dividend Growth Fund seeks to provide, primarily, a growing stream of income over time and, secondarily, long-term capital appreciation and current income."

    Strange it would appear from that company quote that the fund is seeking total return first but instead is seeking primarily a growing stream of income and secondarily, long-term capital appreciation.

    If you investigate further its not had to find funds that focus on total return. I'm afraid this just doesn't happen to be one of them.

    I must however point to my background as an investigator. By nature we just dig a bit deep when collecting evidence. Ironically if you had dug a bit deeper you would have found what you were looking. More on that later.
    For now perhaps you will find pleasure in these words of Bono "But I still have found what I'm looking for".

    Fortunately the entire panel, Mike brought together have......

    High Quality + High current yield + High growth and sustainability of yield = High Total Return.

    Take care
    Bob
    Nov 19, 2014. 09:30 AM | 12 Likes Like |Link to Comment
  • The Real Nifty 50 For Dividend Growth Investors [View article]
    Varan

    Glad you stopped by the comment on our selective DG Nifty Fifty. You will no doubt remember publishing a blog on SA back in 2013 where you selected a large group of DG stocks that you promised to track the performance of and up-date yearly. The link to that Feb. 2013 Blog is here:

    http://seekingalpha.co...

    Since its over a year the promised up-date would appear to be in order.

    Bob
    Nov 18, 2014. 07:19 PM | 12 Likes Like |Link to Comment
  • Quit Chasing Silly Rabbits And Invest For The Long Run [View article]
    Brad...

    WPC is a great stock! Don't forget that it also enjoys BBB investment credit.

    Bob
    Nov 18, 2014. 09:26 AM | 5 Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Miz

    I really look forward to your next. I find I learn something of value everytime I back test even for shorter periods.

    Nice work. Thanks.

    Bob
    Nov 18, 2014. 08:21 AM | 3 Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    gabby...

    I'm working on it but its hard. I figure something out and the next day I forgot what I did. I'll keep on keeping on.
    Bob
    Nov 17, 2014. 08:24 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Thanks Fitz. I hope we can make it work so time.

    Bob
    Nov 17, 2014. 08:19 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Sparky....

    Percy is booking a flight as we speak.

    Bob
    Nov 17, 2014. 08:17 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Thank joni

    Good to hear from you.

    Bob
    Nov 17, 2014. 08:13 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Hey Martin....

    Haven't heard from you in a while. Hope all is well my friend.

    Bob
    Nov 17, 2014. 08:11 PM | 1 Like Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Great discussion Guys...

    One of the great benefits I get from doing this. Much thanks.

    Bob
    Nov 17, 2014. 08:09 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    DW....

    As to your question we'll be exploring further next time out.

    Bob
    Nov 17, 2014. 08:02 PM | Likes Like |Link to Comment
  • Everything You Ever Wanted To Know About Dividend Cuts But Were Afraid To Ask [View article]
    Dave ....

    You're right last I checked there was only Past, Present and Future.

    Bob
    Nov 17, 2014. 07:59 PM | Likes Like |Link to Comment
  • BDC Results For Q3 2014 [View article]
    Bruce

    That is a great question for us income investors. Like you I look forward to the response.

    Bob
    Nov 17, 2014. 07:54 PM | 1 Like Like |Link to Comment
  • What Will Your Retirement Look Like? [View article]
    MM

    Before you assume all DG are the same and are made up of 20 stocks, you may wish to have a look at my 50 stock DGI. It's current yield is just over 4% with over 6% dividend growth last year, meaning over 6% growth in Income. Beta is .63.

    No need to sell positions for income. I know what Jim suggests works. My real portfolio proves it.

    Jim

    Great article. A lot of sound advice!

    Take care
    Bob
    Nov 17, 2014. 04:48 PM | Likes Like |Link to Comment
  • Dividend Growth Investing IS Total Return Investing [View article]
    Thanks Paul

    I missed that ... the 2nd statement from Varan is meaningful
    Nov 17, 2014. 12:15 PM | Likes Like |Link to Comment
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