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Dale Roberts

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  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    Hi Bob. We can back test portfolio models, but not portfolio selections from 2012. There is incredible corporate and dividend survivor bias, as I found out recently while preparing a DGI article. Had to rewrite. Such studies or comparisons must come with a massive asterisk.

    And the best test of course is real numbers on real portfolios.
    Nov 12 09:16 AM | 2 Likes Like |Link to Comment
  • Dividend Growth Investing: DCA Vs. Timing Technique [View article]
    Cool, and I may just send you that bill. Ha... and lol.
    Nov 12 09:07 AM | Likes Like |Link to Comment
  • Dividend Growth Investing: DCA Vs. Timing Technique [View article]
    Hey Doc, welcome to SA. Though I would suggest changing your handle to 'Doctor Dividend'. Or The Dividend Doctor.

    My bill will be promptly forwarded to your address.
    Nov 12 08:10 AM | Likes Like |Link to Comment
  • Fiscal Cliff: How Bad Would It Be? [View article]
    Yes, and the 'cuts' could actually be attrition. Or the US could stop actions such as paying hundreds of millions of dollars to maintain empty buildings?

    Or stop paying hundreds of millions of dollars to former government employees, who are so 'former' that they no longer reside on this earth.

    There are many options for cuts. lol
    Nov 12 07:47 AM | 5 Likes Like |Link to Comment
  • Fiscal Cliff: How Bad Would It Be? [View article]
    Great article. But at this point, the US really has no choice but to cut spending and increase tax revenues.

    The 'right' answer is in between the conditions set to be imposed, and a more sensible combination of cuts and tax revenue generating methods. But spending 'cuts' and increased tax revenues it will be.

    Again, this truly is an easy fix. Canada eliminated their deficit in 3 years. And it was a deficit that 9% GDP compared to current US of 7% of GDP.
    Nov 12 07:36 AM | 5 Likes Like |Link to Comment
  • Looking For Low Beta Investment Opportunities [View article]
    Great article, thanks. Though of course the equities and recent correleations could go out the window as they did in 2007-9. Even large dividend growth stocks (the indexes) fell with the market.

    Likely, the bonds and and short equity products will provide any (immediate) volatility reducing ability in the next swoon. And gold over the longer term.
    Nov 12 06:45 AM | Likes Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    And remember, you can develop a very generous (and increasing) income stream with DG stocks and an assortment of bonds and bond ETFs along with the Reits and MLPs of the world.

    I have a portfolio that is undeweight equities, but delivers 5% income. My portfolio correlation to market corrections is recently about 15%. When the markets corrected 15% (Canada), my portfolio only fell 2%.

    I now use DG largely for my 5% income stream. You can still practice DGI, dialed in to the volatility that you can handle.
    Nov 12 06:34 AM | Likes Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    Hey Happy, sounds like you and your husband are very cautious, and likely have very low risk tolerance as you went to cash. And perhaps sold low, but for your sake I hope not.

    Don't forget to do an honest evaluation of your risk tolerance. Remember DG stocks fell with the markets in 2007-9. Right in line.

    I think the best move you could make is to contact a financial advisor for at least a consulation. Perhaps hire one.

    If you go out on your own, be honest with yourself if you will be able to watch only the income stream and ignore your portfolio's total value.

    You can dial in your own volatility level. Set for portfolio for maximum (average historical) of 40, % drop, 30% drop, 20% drop. 10% drop. You have control over your portfolio's volatility, and can match that to your volatility tolerance level.

    Dial in your own asset allocation, here...

    here

    http://bit.ly/TwNhEp

    Adjust your asset classes with the sliders.
    Nov 12 06:26 AM | Likes Like |Link to Comment
  • Royal Bank Of Canada: A Desirable Cornerstone Investment [View article]
    Thanks Vin. Ha, I just wrote an article on the same subject...

    http://seekingalpha.co...

    Crank.
    Nov 11 10:51 AM | Likes Like |Link to Comment
  • Gold Is Not An 'Investment' [View article]
    More simply put, gold is an insurance policy for your investment portfolio. I provided some references to the Permanent Portfolio in a recent article. The PP holds 25% gold, and has had only two very very small down years over the last 40.

    Gold has saved the bacon of many investors in two of the last four decades. That's a batting average that even Ted Williams could appreciate.
    Nov 11 06:58 AM | 2 Likes Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    And yes certainly thinking of our Veterans past and present on this November 11th.

    To them we owe everything.
    Nov 11 06:29 AM | Likes Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    Hey Cake, not arguing what is a better strategy. What is a better strategy is the one that an investor can stick with and execute. I think we do agree there.

    I was merely replying to the suggestion in the article that one can 'diversify' by adding other equities. And as I stated, the Dividend Growth stocks fell with the overall market. There was almost complete correlation, and an equity 'diversification' did not help, at all.

    Dividend Growth is a great strategy, if applied within an asset mix that the investor can tolerate. The author, Bob, is (possibly) able to stick to his strategy because it is a smaller part of his own retirement income.

    Some investors can go full tilt DGI, many more need to moderate the volatility.
    Nov 11 06:28 AM | 1 Like Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    Hey Cake, I think those are tools for all investors to manage their volatility tolerance. Most investors overestimate their tolerance, or fail to address it, at all, before they invest.

    Yes, some can redefine volatility by focusing on the dividend stream. 99.99% of investors will still check that portfolio value statement every month.

    Check out my first article the Scaredy Cat Investor for an example of bad investor behaviour - the holders of the Magellan Fund during one of the greatest runs in equity investing history. Fund - 29% annualized returns. Average investor in fund, an annualized loss.

    Risk tolerance is very important. And it is largely ignored.

    Glad to read that you can stay the course.
    Nov 10 10:24 PM | Likes Like |Link to Comment
  • The One Stock Portfolio [View article]
    Hi sprstiri, hopefully fiscal sanity prevails in your great country. But if it doesn't, you likely only have four more years of Obamanomics. The US has a very consistent history from WWII of giving two terms to Presidents, with one exception. Reagan to Bush Sr.

    That said, the Canadian banks still generate the majority of their profits in the Oligopolous. And Canada is opening more trading routes around the world. Canada and the banks are hedging their bets.
    Nov 10 09:39 PM | Likes Like |Link to Comment
  • Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
    And for those who want to view the effects of asset diversification there is a great tool here

    http://bit.ly/TwNhEp

    on the vanguard site with a slider that allows you to see the volatility reducing effects of bond, equities and cash (in the percentages that you select).
    Nov 10 09:06 PM | 1 Like Like |Link to Comment
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