Seeking Alpha

Chumpmenudo

 
View as an RSS Feed
View Chumpmenudo's Comments BY TICKER:
Latest  |  Highest rated
  • Dividend Growth - The Stock Selection [View instapost]
    I also like Praxair in the industrial gas space, but they're both overpriced and remain on my watch list :-(

    Chump
    Sep 11 04:30 PM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: Finding Stocks For The 2014 Homestretch [View article]
    Hello Jeff, great update, thank you.

    I found your comment that long term investing does not necessarily mean buy and hold interesting. That coupled with your response to Kolpin above, leads to my question.

    Have you adjusted your entry points and exit points (relative to your chosen valuation metrics) vs. say 2012? It seems to me there is a PE expansion underway vs. the six year historical norm. Assuming yes, how do you estimate the proper valuation for your stocks if you can no longer use recent history as your guide? Are you reverting to pre-recession multiples, or are you simply predicting the future? ;-)

    Best,

    Chump
    Sep 8 12:31 PM | Likes Like |Link to Comment
  • Yield On Cost: A Vitally Important Consideration For Retired Investors [View article]
    Dear Chuck:

    Thank you for the real life example, I learned quite a bit here. Not just how you used the YOC metric to make your case to "hold," but the size of the portfolio and diversification you chose were quite interesting as well.

    I hope you will consider publishing more articles based on your actual case studies, all with different investment objectives.

    Kind regards,

    Chump
    Sep 5 08:08 PM | 5 Likes Like |Link to Comment
  • Yield On Cost: A Vitally Important Consideration For Retired Investors [View article]
    DVK:

    Great point, I love the idea that "holding" is the action you are choosing to take! I often take that action.....

    Chump
    Sep 5 08:05 PM | 2 Likes Like |Link to Comment
  • Is Tupperware Brands The Perfect Dividend Growth Stock For Retirement Portfolios? [View article]
    Chuck, have you decided to invest in TUP since you originally penned the article? I bought a small position after you wrote this, then built a full position on the recent weakness.

    I like the long term prospects of the company, thank you for bringing it to my attention.

    Best,

    Chump
    Aug 29 02:18 PM | 2 Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    Good article RAS, really like the spreadsheet analysis. Would be interesting to see how the options compare when you reinvest the after tax income at age 62 into your dividend growth portfolio until age 70....suspect taking the money early is an even better option...

    Best,

    Chump
    Aug 27 11:33 AM | 2 Likes Like |Link to Comment
  • Valmont Industries: A Series Of Growth Opportunities Fit Company Strategy Perfectly [View article]
    Good article, thank you, and good comments.

    Best,

    Chump (long VMI)
    Aug 26 12:23 PM | Likes Like |Link to Comment
  • Catching Up With The DGI Lite DiviDogs [View article]
    How did the Dog returns compare to your real IRA portfolio? Or shouldn't I ask.....

    Chump
    Aug 12 06:49 PM | 1 Like Like |Link to Comment
  • Catching Up With The DGI Lite DiviDogs [View article]
    Thanks for the update Miz, seems like your strategy works pretty well.

    Take care,

    Chump
    Aug 12 06:06 PM | 1 Like Like |Link to Comment
  • Dividend Growth Investors - Mind Your Own Business [View article]
    Good answer Eddie, I can tell you probably struggle with the same dilemma ;-) Since I started using FASTGraphs a few years ago now, my selling decisions have gotten much better. When a position get large in my portfolio due to a long period of good performance, I no longer automatically trim, or "cut the flower." I repeat the valuation I performed when buying originally, and see if its now "dangerously" overvalued. If not, then I let it go. In my current "rules" I trim down to a full or 2/3 size position if I think the valuation gets dangerous...that way I can avoid inevitable seller's remorse. But if its a great business, I plan never to close the position entirely....

    Chump
    Aug 12 12:09 PM | Likes Like |Link to Comment
  • Dividend Growth Investors - Mind Your Own Business [View article]
    Hello Eddie:

    This was another great article, I wish you'd publish more frequently!

    Your article highlights a dilemma for me; I agree about buying great businesses, and always try to do so. But on the other hand, do you think it's possible to grow too attached to your great business? Looking at your KO example, it seem obvious (with my 20/20 hindsight) that the company's valuation got way out of whack back in very late 90's reaching a PE of over 45, and then went into a long period of price correction. If KO's PE got anywhere near that high today, I'd be a seller of my great business! I try not to grow too attached to my investments so I can evaluate them rationally, but it can be very difficult with stocks that have performed well for me (WAG comes to mind).

    Best,

    Chump
    Aug 11 09:00 PM | 1 Like Like |Link to Comment
  • Dividend Champions: 11 Increases Expected By The End Of September [View article]
    Thank you David.

    Chump
    Jul 18 02:24 PM | 1 Like Like |Link to Comment
  • You Are Responsible For Your Investing Decisions [View article]
    Miz:

    I think everyone is born with drive, but it just needs to get "triggered" or "turned on." I loved Eddie's story, David C's (BTW, I thought David's father with Big Tom at Callahan's!?), and yours above. All demonstrate strength of character, drive, and persistence. But where did it come from? In my case, it got "turned on" when I was around 12 years old. My family lived on a modest teacher's salary, and while we had enough for the basics and lived a fine childhood, it became clear to me that I'd need to earn money if I wanted to buy any "stuff," so I started working. Paper routes before school, snow removal, mowing lawns, etc. If I wanted a thing, I simply worked and saved for it.

    In high school, my parents made it clear that there was very little money for college, so I'd better figure something out. I worked and saved through high school, went to a decent community college for my first two years, then transferred to a good four year college and studied engineering. I worked throughout college in difficult jobs; block mason's laborer, landscaping (digger), semi-trailer loader at UPS, and house painter. I made a good chunk of money and funded the whole thing myself.

    I don't think I'd have developed the work ethic I have today had I not needed to become self reliant at a fairly young age. I think we do a disservice to kids today by giving them too much, and in come cases, I think the same applies to adults.

    Chump
    Jul 5 02:04 PM | 9 Likes Like |Link to Comment
  • You Are Responsible For Your Investing Decisions [View article]
    David, I have to say your photo reminds me of one of my favorite actors...less the glasses

    http://bit.ly/1t6ikso

    Just messin' with you.

    Chump
    Jul 4 01:12 PM | 3 Likes Like |Link to Comment
  • You Are Responsible For Your Investing Decisions [View article]
    Dave, like you, I'm pretty immune to advertising, except of course for the Sham-wow, that thing is awesome! But most of my elderly relatives definitely are not. And unlike ads for golf products, cars, appliances, drugs, which all give you a pretty straight forward benefit, or at least do little harm, financial products tend be a very bad idea almost universally, and can be downright devastating for many. Spend a day in front of CNBC, and you're told to become a day trader, put all your money into gold/silver, buy "safe" fixed annuities, take out a reverse mortgage, insure your pets with valuable whole life policies, and and buy lakefront property in Costa Rica, and that's just in first half hour!

    Caveat emptor indeed!

    And yes, the community here at SA is an incredible resource for like minded folks to bounce around ideas and strategies, certainly the best, and perhaps only, of its kind.

    Chump
    Jul 3 01:35 PM | 6 Likes Like |Link to Comment
COMMENTS STATS
629 Comments
727 Likes