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Chumpmenudo

 
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  • 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
  • Total Return And Dividend Growth Investing [View article]
    Good stuff, thanks for sharing David.

    Chump
    Nov 13, 2014. 06:09 PM | 2 Likes Like |Link to Comment
  • Retired Investors Must Be The Smart 'Little Pig' [View article]
    That was a very interesting answer Chuck, thanks. And yes, very helpful. I like the idea of simply "flagging" the dangerously overvalued, then acting only if there is a compelling alternative for which I need cash....

    Of course, isn't there always a compelling alternative to an overvalued stock? ;-) It just ain't simple is it?......

    Chump
    Nov 3, 2014. 05:05 PM | Likes Like |Link to Comment
  • Retired Investors Must Be The Smart 'Little Pig' [View article]
    Dear Chuck:

    Thank you for the interesting examples. If I own NKE in a diversified IRA portfolio, do I now sell it completely due to the dangerous level of overvaluation? It seems to me that I should, and swap it for something like BLK, with a better factor of safety. This is where I struggle with the concept of buy and hold. Now that we have tools like FASTGraphs, it seems to me that I should be developing precise exit points...after all, my entire watch list has entry price points....any thoughts?

    Chump
    Oct 30, 2014. 08:00 PM | Likes Like |Link to Comment
  • The Dividend Growth Investing Mindset [View instapost]
    Thanks Chowder, good list (I own all of these in some account or another ;-) CVX and T are the ones I like best based on valuation and good yield. I like KMI, but my son also started a taxable account, and KMI was one of the first additions...

    Chump
    Oct 3, 2014. 11:43 AM | Likes Like |Link to Comment
  • The Dividend Growth Investing Mindset [View instapost]
    Hey Chowder:

    My 18 year old son just started college. This past summer, he worked in a surf shop, and earned a few thousand bucks... I've convinced him to put $1,500 into a Roth IRA, which he has opened, and done.

    Do you have any recommendations for his first stocks...I was thinking 3 names to get started, perhaps T would be a good candidate?

    Best,

    Chump
    Oct 2, 2014. 02:40 PM | 1 Like Like |Link to Comment
  • The Dividend Growth Investing Mindset [View instapost]
    Nice blog Chowder, thank you. For me, your key sentence is:

    "A dividend growth investor understands that if a company is solid enough to continue paying and raising the dividend, capital appreciation will follow."

    For me, still accumulating, I use dividend yield, dividend growth, and the ccc as selection criteria. Too, I find the compounding from reinvested dividends has a "calming" effect (on me) in stormy markets...

    Chump
    Sep 29, 2014. 07:22 PM | 3 Likes Like |Link to Comment
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