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Chumpmenudo

 
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  • A Real Dividend Growth Machine: 2014 Review [View article]
    DGM:

    Nice article, thanks for sharing...like others above, I'm super impressed by your savings rate...you could probably retire now given your fugal nature! ;-)

    Chump
    Jan 13, 2015. 01:03 PM | Likes Like |Link to Comment
  • Selling Guidelines For Self Directed Investors [View article]
    I'll do that, and I'll order some chowder ;-)
    Jan 9, 2015. 08:30 PM | Likes Like |Link to Comment
  • Selling Guidelines For Self Directed Investors [View article]
    I live in San Diego, but haven't tried The Field. Thank's for tip guys.....

    Chump
    Jan 9, 2015. 06:37 PM | Likes Like |Link to Comment
  • Jeff Miller Positions For 2015: Still Plenty Of Life In The 'Aging Bull' [View article]
    Nice interview Jeff, congratulations. However, you neglected to mention one important development....

    Michigan's hiring of Jim Harbaugh! That should add a few basis points to U.S. economic growth this year, heh?

    Go Blue!

    Chump
    Jan 9, 2015. 05:38 PM | 1 Like Like |Link to Comment
  • Selling Guidelines For Self Directed Investors [View article]
    Good stuff Chowder, thanks for posting!

    Chump
    Jan 6, 2015. 08:54 PM | 1 Like Like |Link to Comment
  • My Dividend Growth Portfolio: 2014 Review And 2015 Preview [View article]
    Thanks for the update DVK, very informative. Might you consider using over-valuation as a criterion for trimming vs. size of position?

    Best,

    Chump
    Jan 5, 2015. 06:21 PM | 1 Like Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    True Mike, no signed shares. What are you selling now Miz, maybe I'm a buyer.....
    Nov 24, 2014. 09:12 PM | 1 Like Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    Miz, you were ahead of the curve....I don't think I started really following SA until 2012, and I think Brad Thomas wrote an article or two on OHI.

    I just checked, and it appears I bought OHI in November, 2012, just like Mike

    Still holding.....
    Nov 24, 2014. 06:27 PM | 1 Like Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    It's not a violation of any tax code, it's just foolish. Hold your MLP's in a taxable account, the distributions aren't taxable....

    Chump
    Nov 22, 2014. 01:51 PM | 3 Likes Like |Link to Comment
  • Dividend Stocks Are Not In A Bubble, But Many Of Them Are Pricey [View article]
    That's a great comment DVK! I completely agree.

    Chump
    Nov 22, 2014. 01:47 PM | 2 Likes Like |Link to Comment
  • Dividend Stocks Are Not In A Bubble, But Many Of Them Are Pricey [View article]
    Love Cheli's Chili bar in Detroit ;-)

    Chump
    Nov 22, 2014. 01:23 PM | Likes Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    Sure, its fun to do "something" vs. nothing. I've been tracking my DG portfolio, established in 2012, and blogging about it to try and figure out how to get more alpha. It's fun. One of the interesting things I've learned, is that doing nothing is almost always better than doing something once your portfolio is established, which is pretty dang boring. Someone on SA once commented that the portfolio is like an orchestra....I love that analogy. Every day, a different "section" of the portfolio is leading the orchestra, and you can never predict which! That's why I've resolved to DRIP....it just sort of equals out, automatically buying more shares when they are cheap, and fewer when they are expensive. You never know when one of these big boring companies is going to have a 10%-15% run up, and there is no sense trying to time it.

    At present, the "energy section" had been pretty quiet while technology and healthcare are playing loudly....but energy will come roaring back soon.....

    Chump
    Nov 22, 2014. 01:14 PM | 2 Likes Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    Miz:

    Just building on Maybenot's comment. You should keep refining your strategy to improve the returns. No reason to hold fast to your original rules, tweak them, and keep improving. This is what I've been trying to do for the past few years....maybe you can come up with a new "rule" or two that helps you weed out the flotsam ;)

    BTW, your scenarios are similar to a strategy I started exploring a few years ago...pooling dividends, then reinvesting them into the most undervalued holding in the portfolio every quarter.....I back tested a group of 10 stocks back 21 years (huge pain in the rear) but the data were uninspiring.....now I just let the stocks DRIP....

    Chump
    Nov 22, 2014. 12:49 AM | 2 Likes Like |Link to Comment
  • The CCC DiviDogs 2011 - Year 1 [View article]
    Hey Miz, thanks for the analysis and update.

    Chump
    Nov 21, 2014. 07:32 PM | 1 Like Like |Link to Comment
  • Should I Convert My Dividend Growth IRA To A Roth IRA? [View article]
    Hi diannek:

    I manage my fathers's accounts, and he's 77 years old. I have his RMDs from his IRA taken out monthly, then deposited directly into a taxable brokerage account, where I invest the money in stocks and ETFs. He cannot fund a Roth because he doesn't earn income from a "job."

    In your case, I'm not sure if you can contribute to a Roth after age 70 1/2, you should check. If you can, that I suppose a Roth is better than a plain old taxable account because you can avoid capital gains. But I don't think you can invest your RMDs into a Roth.

    As far as conversion, that's possible. If allowed by IRS, converting a big chunk of your IRA to a Roth before 70.5, and while you're in a low tax state might be wise, you'll have to run the spreadsheet analysis comparing those options. Best of luck,

    Chump
    Nov 19, 2014. 12:07 PM | 1 Like Like |Link to Comment
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