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Clay King

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  • Budgeting for Retirement: Overlooked, Critical Step Toward Making Your Numbers Work [View article]
    Perhaps but rent also increases as the owner just passes along his cost to the renter. Not sure there's any way to escape inflation.
    Sep 9 06:02 PM | Likes Like |Link to Comment
  • Budgeting for Retirement: Overlooked, Critical Step Toward Making Your Numbers Work [View article]
    Not sure how many will see this comment but will post it anyway for an article printed two years ago. For those who don't budget or plan for inflation here a recent example for me, and yes, it might just be regional, but maybe not with houses burning out west. My umbrella policy went up 25%, my wind insurance up 17%, my cable bill 10%. Luckily I have budgeted each of those beyond current cost as I knew that Murphy's laws would work against me. I also had some work done on the house for unforeseen repairs, well, not to worry, I had reserves for house repairs, as well as other things. So plan, plan, and then plan some more and then budget for the unexpected.
    Sep 1 06:27 PM | 3 Likes Like |Link to Comment
  • Relative Expected Value Analysis Suggests McDonald's Stock Could Be 47% Undervalued [View article]
    Quite true, but since the health care act is already putting the screws to corporations and the tax payer, it is just one more nail being hammered.
    Aug 24 10:16 AM | 1 Like Like |Link to Comment
  • Relative Expected Value Analysis Suggests McDonald's Stock Could Be 47% Undervalued [View article]
    Despite your statement that this was for illustrative purposes only, which one may question, I think that your dividend growth rate of MCD is highly doubtful for a very simple reason. They changed the dividend policy over the last ten yrs. by paying out qrtly. from less often, even once a yr. By examining the growth rate of the last few yrs., one might get a better idea of future growth rates,and even then, that rate would be highly unlikely. But, your process is not unusual in the investment world.

    There are of course many other factors to examine other than a few past growth rates extrapolated into the future. For instance, risk factors or rewards of comparing one stock with that of the market, which can suffer enormous differences.

    However, I don't buy stocks today based on what the value will be ten years from today, but I value them on what the value is today. MCD, might be on my radar, but not on my current buy table, well, to buy more anyway.
    Aug 24 10:14 AM | Likes Like |Link to Comment
  • Dividend Champions: 9 Increases Expected By The End Of October [View article]
    MCD?
    Aug 18 04:28 PM | Likes Like |Link to Comment
  • Improve The Productivity Of Your Dividend Growth Portfolio With Technology [View article]
    Over by about 3 percent, meaning I"m at 21 at this time. However, I actually wish I was a bit more to tell the truth...........but don't see a place I wish to add at this time.......
    Aug 12 04:51 PM | Likes Like |Link to Comment
  • Improve The Productivity Of Your Dividend Growth Portfolio With Technology [View article]
    Let's see, I own
    Intel
    Qcom
    Msft
    Cisco
    EMC
    MCHP
    Appl
    Could also add Paychek, but won't....Hmmm, I guess I've been warmed up a long time..............Nice article..................
    Aug 12 09:01 AM | Likes Like |Link to Comment
  • Omega Healthcare Is A Sleep-Well-At-Night REIT That Pays 6.27% [View article]
    I own it from the low 20's. I buy good value stocks, not fair value, though I view OHI as a stretch calling it fair, bit closer to full for me...... me thinks you write too much to have full faith and confidence, ie, DLR.......
    Aug 6 10:16 AM | Likes Like |Link to Comment
  • Social Security And Dividend Growth Make Up A Complete Retirement Package [View article]
    Dave, perhaps you will enjoy this. I stopped writing on here for one simple reason, it made my medicare costs go up. Yep, as you might well be aware, medicare is income based and various levels require one to pay more. The income that I received from SA pushed me into the next bracket, which drove up my medicare costs for me and my wife, that completely offset the income from writing here......so, I have little incentive to write, unless it is for the heck of it. I've even cut some dividend stocks back a touch to reduce income, how's that for a perverse goal? Perhaps if I see value come back into the market I might, but I see very little. Last stocks I bought were Cisco and Air Products back at the end of last year, and an a small addition to my Celgene holdings on the correction in June. Actually, I've sold more than I've bought this year, but not by much. I wanted to be early on electric's, so I have been reducing them a little bit at a time, down to market weight from a long period of overweight.......ah, but I ramble,......

    And yes, go retire, it will add years to your life, reduce tension and stress, and make you do things that you never had time to do.....like reading all those books that one did not have time for, exploring some out of the way fishing holes, and time to see some places in the world never visited previously. Wish I had done it sooner..........

    Will try for a MSU game this year, maybe, but long road trip.
    Aug 3 11:02 AM | 5 Likes Like |Link to Comment
  • Celgene's Earnings Should Double by 2015 [View article]
    Well, here we are two years after this article and the stock is up 150%. Wish all my picks did as well. However, I'm still long, now the biggest position in my portfolio, largely due to appreciation.
    Aug 3 10:42 AM | Likes Like |Link to Comment
  • Social Security And Dividend Growth Make Up A Complete Retirement Package [View article]
    Yea, I have, and it is 18 months and not years, but time is flying. I find my time is better spent keeping up with my portfolio than writing about it.......it is strickly a time value situation.
    Aug 2 10:30 PM | Likes Like |Link to Comment
  • Social Security And Dividend Growth Make Up A Complete Retirement Package [View article]
    When I retired 18 yrs. ago, my retirement package was SS, pensions (with no inflation factor), a pension of my wife's, with an inflation kicker, my IRA, wife's much smaller, IRA, joint acct, and my 401k from my last employer. Without going into specifics, and with a great deal of time on excel doing my own analyis, I figured that I had to take my entire 401k and devote it to an inflation account for my 3 pensions, out 25 years. Now, of course, I was more aggressive in estimating future inflation and more conservation in estimating future dividend growth, better safe than sorry, to reach my mean. Now retired for 18 months, I've found that I do not need either my or my wife's IRA for current funding, and have not touched the "inflation kicker" acct. either. But then, I did over budget every line item of my monthly expenses by and estimated five years of inflation.

    I believe somewhere along the line, I remember hearing developing pockets of income stream's to make for a better retirement. So far, so good. And no, not all of my invested funds are in dividend stocks, but just about all of my liquid net worth are in stocks, other than cash reserves, as SS and those pensions are my "bonds/annuities". That inflation kicker account is up well over 50% in less than 18 months, although largely because of two stocks, neither of which even pay a dividend..........so yep, SS is an annuity that needs to be balanced out with "growth".......Dave, I need to PM you with a MS. question when I get around to it.........
    Aug 2 06:50 PM | 1 Like Like |Link to Comment
  • Understand Your Trading Personality And Win [View article]
    Missed your article when published as I have been out of the country spending some of that dividend income.....lol. You have hit the nail on the head in so many ways that one MUST follow their own methods in investing. One of the reasons why I read so few of the articles on this and other sites, as so many other opinions may "plant seeds of doubt" in one's own strategies, not to say that other opinions are not valid, but perhaps, not pertaining to my own.........

    Nice article.
    Jun 16 10:17 AM | 4 Likes Like |Link to Comment
  • It's Okay To Wait For A Dividend Cut Before Selling [View article]
    No, the time to do the study is the time of the announcement......doing it right is the correct way. Hope you don't treat your patients the easy way. Actually, in most cases the announcement of a cut is the time to BUY the stock, not sell it.
    May 23 04:51 PM | 1 Like Like |Link to Comment
  • It's Okay To Wait For A Dividend Cut Before Selling [View article]
    I cast doubt on your study for one easy to see reason. The cut in GE's dividend might not have taken place until June, but they announced the cut in Feb. if memory serves.......so, I cast doubt on the entire study as being any more accurate............
    May 23 11:55 AM | Likes Like |Link to Comment
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