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Dale Roberts  

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  • Retirement Strategy: Did You Freak This Week? [View article]
    Accumulating cash and market timing is a separate issue and I have an article ready on that. Waiting for market corrections vs simple dollar cost averaging does not appear to work (add value) as the article will demonstrate.

    No meaningful correction yet. Perhaps the market timing / cash hoarding will not pay off in this round.

    Dale
    Aug 29, 2015. 10:11 AM | Likes Like |Link to Comment
  • Retirement Strategy: Did You Freak This Week? [View article]
    @rnsmith, hi, yes that's certainly why I did not make an absolute statement. Most retirees enter retirement and will need to harvest their investments to fund their lifestyle. And it will be a challenge for most or many according to many papers on US and Canadian retirees.

    But this input is eye opening. I don't think retirees with large investments portfolios they don't need is common, but perhaps it's a larger component on Seeking Alpha than I would have guessed. Seeking Alpha attracts a more affluent reader.

    All said, the article then is still geared to those in the accumulation phase. Not sure what the difference would be between those accumulating wealth years and decades away from retirement and retirees who don't need the funds (or funds yet) but are still accumulating or making new investments.

    Perhaps this retiree subset would have a different risk profile, they don't need the monies or are not relying on the monies so there may be very little financial risk (for some in this group). Again, many reasons why retirees may not need their monies yet, or ever.

    This an accumulation article, but with a retiree title.

    Interesting input, thanks.

    Dale
    Aug 29, 2015. 10:08 AM | Likes Like |Link to Comment
  • Retirement Strategy: Did You Freak This Week? [View article]
    It was just interesting information, like baseball scores. I wasn't aware of the flash crash until I saw the news that evening...

    That is the mindset of a successful investor.

    Dale
    Aug 29, 2015. 08:45 AM | 2 Likes Like |Link to Comment
  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2 [View article]
    RE the author comments on the previous article and finding better lower draw down entry points - we would need the benchmark entry points for the sp 500 or better yet a dividend growth benchmark. There needs to be a comparison point to see if there is added value for the objective.

    JNJ -30% 18.49% no

    But let's use the SP 500. Looks like the better entry point with less draw down was Nov 2008 (that where I see an 18% ish retracement for JNJ. That meant waiting for the stock markets to correct. From that date JNJ fell the near the same as SPY to March 2009. Then SPY went on to greatly outperform JNJ. JNJ fell equal to the Dividend Achievers Index. Achievers VIG went on to outperform JNJ.

    It was a great entry point - for the S&P 500 and VIG and perhaps JNJ. There was no advantage for lower draw down of JNJ vs the index if I am using the right entry point. The author can certainly confirm or clarify the entry point dates and comparisons of retracement for the companies listed to the benchmark.

    As we know the Great Recession created a larger stock market event, driven mostly be investor behaviour and fear.

    Dale
    Aug 29, 2015. 07:43 AM | Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Hi George I was buying as per usual. :)

    Dollar Cost Averaging.

    Dale
    Aug 28, 2015. 03:25 PM | Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Hi Mike, As I told our ball team, don't fear the butterflies, don't fight them and try and make them go away - make them fly in formation.

    I'd see sports and investing as having no parallels when it comes to fear or nervousness or the effects of human emotion turned into a benefit. Fear is an investor's enemy.

    It is likely best to do a proper risk evaluation before getting the investment portfolio. As Mawer Investments writes the time to fix a ship is not in the middle of a hurricane. It's too late.

    http://tinyurl.com/pgy...

    Little body shots like the last two weeks might be useful for those who are new to investing and have not navigated (self directed) through a major market correction. They don't know their risk tolerance level, this might give them a small clue. If it felt like anything, it's a loud message.

    Dale
    Aug 28, 2015. 03:12 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: Did You Freak This Week? [View article]
    Retirees would not be buying, mostly, almost exclusively. They are in the decumulation phase, spending the funds - harvesting the dividends and shares.

    Portfolio is already set, the sequence of returns risk is the consideration for retirees. Nothing happened that would be of any concern for a retiree.

    Dale
    Aug 28, 2015. 01:49 PM | Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Because waiting for a correction has not worked, yet. Article to follow.

    Dale
    Aug 28, 2015. 10:46 AM | Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    ... from its recent highs.

    Yes that's the key. A non event so far IMHO. And maybe opportunity cost if someone unloaded some of their arsenal

    Though I am not a fan of any market timing. Article to follow soon on that. Waiting for the correction has not provided opportunity, and may not in the future. It largely does not work, compared to dollar cost averaging.

    Dale
    Aug 28, 2015. 10:45 AM | Likes Like |Link to Comment
  • The 10 Most Recession-Proof Dividend Aristocrats [View article]
    Very clear, clean and sensible.

    Dale
    Aug 28, 2015. 09:02 AM | Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Great deals? ... prices that were likely available (or cheaper) through 2013 and early to mid 2014... ha.

    Dale
    Aug 28, 2015. 08:47 AM | 1 Like Like |Link to Comment
  • The 10 Most Recession-Proof Dividend Aristocrats [View article]
    Interesting article, thanks again. Those 10 companies also did very well in the early 2000's recession, with regards to lower volatility. That is the beauty of dividend growth history and the companies that the divining rod will find for you.

    I hold 5 of these companies after skimming from the top 20 or so from the Dividend Achievers Index.

    Interesting that pepsi performed better than coke in the 2000's, coke did better in the Great Recession. I also hold pepsi.

    We invest at times, hoping that history will repeat, or at least rhyme.

    Dale
    Aug 28, 2015. 06:37 AM | 1 Like Like |Link to Comment
  • How Low Can This Market Go? [View article]
    How high can this market go?

    Dale
    Aug 28, 2015. 06:01 AM | 1 Like Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    I added nothing to US positions other than regular dollar cost averaging into an index based portfolio.

    No additions to US holdings in my discount brokerage account. Nothing to see there yet.

    Regular dollar cost averaging went into a Canadian Dividend ETF. That was down by some 22% over the last year or more. Happy to add there with a generous 4% yield from holdings whose core is the Canadian Dividend Kings, the big banks.

    But that did not get me very excited. A 20% ish correction should be a snooze, ho hum for those who invest in equities?

    Dale
    Aug 28, 2015. 06:00 AM | 3 Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Opportunity? Sky falling? A chart of the S&P 500 (looking back 1 year) shows the markets increased by about 6% into May and then fell by 8% in price terms. In total return spy is likely positive over the last year.

    It was down only 6% from one year ago at most 'dramatic' draw down.

    There has been no cleansing yet. Maybe that will not come, who knows?

    It is very interesting and perhaps even disconcerting that may equity investors got nervous with something that is not even near a significant pull back.

    Nothing to get excited about, perhaps not even a good reason to spend dry powder if one has been market timing?

    Buy. Hold. Add. Within one's risk tolerance level.

    For retirees they are spending not building positions. Well 99% of 'em.

    Dale
    Aug 28, 2015. 05:54 AM | 4 Likes Like |Link to Comment
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