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Dale Roberts

 
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  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Thanks Rob. Yes, very different in holdings and approach in active vs passive.

    Dale
    Dec 5, 2014. 08:53 AM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    On harvesting, I am not sure. But I will hopefully get the opportunity to ask him. I know the fund would certainly hold up for harvesting as the total return is there. One might have to create a bit lower beta by adding some bonds. I would bet the classic 25% bonds (balanced growth) would do the trick.

    Once again the Wellington Fund is a great fund that I have looked at for share harvesting.

    Dale
    Dec 5, 2014. 08:52 AM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Thanks for that fellow Canuck, the intent was of course to offer ideas, and perhaps investors will consider their approach and make sure things are aligned. Let me know how you make out with the research.

    Dale
    Dec 5, 2014. 08:47 AM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    I only hold Apple on purpose. I see that Chevron and XOM are in VDIGX, and they are two aristocrats, along with Enbridge as a holding. XOM is in VIG. Plus VIG has a few other energy holdings. Ya, that would be the extent of my 'research'. Ha.

    Or you could buy the Canadian market (EWC) we're an energy and resources play. :)

    Dale
    Dec 4, 2014. 09:08 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Enbridge was up over 10% today, well over 14% at one point. That always feels good, but crazy valuations. This one is house money for me so I will hold hopefully for quite a few more years or decades. Perhaps it will be halved again at some point to fund some time in the Riviera. Qui, c'est ca!

    Dale
    Dec 4, 2014. 08:50 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Numbers for VDIGX vs SPY. From January of year to present. From low-risk-investing.com

    From 2002

    The above portfolio's total return was 162.9%, outperforming the SPDR S&P 500 ETF's total return of 132.7%.

    From 2003

    The above portfolio's total return was 245%, outperforming the SPDR S&P 500 ETF's total return of 196.8%.

    From 2004

    The above portfolio's total return was 167.1%, outperforming the SPDR S&P 500 ETF's total return of 131.5%.

    From 2005

    The above portfolio's total return was 140.6%, outperforming the SPDR S&P 500 ETF's total return of 109.2%.

    From 2006

    The above portfolio's total return was 131%, outperforming the SPDR S&P 500 ETF's total return of 99.5%.

    From 2007

    The above portfolio's total return was 93.1%, outperforming the SPDR S&P 500 ETF's total return of 72.2%.

    From 2008

    The above portfolio's total return was 80.5%, outperforming the SPDR S&P 500 ETF's total return of 63.8%.

    From 2009

    The above portfolio's total return was 142.6%, under-performing the SPDR S&P 500 ETF's total return of 159.2%.

    Certainly the market has been hard to beat in the last 4-5 years, as can sometimes be the case, evidenced by above and VIG and SDY and others.

    Dale
    Dec 4, 2014. 08:41 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Yes, that is true. That's why I will look to the fund for individual selections, fund skimming if you will. I personally would trust a pro with an impressive resume, or an index such as aristocrats with an impressive history.

    That said, I am not recommending the fund, just showing the approach and results, and how it fits into a style that appears to allow dividend growth to deliver on its total return 'gift'. The article is about the approach and how it aligns to those other studies.

    Hopefully, dividend growth investors might get some ideas on approach, companies to explore, or perhaps using an index.

    Dale
    Dec 4, 2014. 07:56 PM | 1 Like Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Thanks Richjoy, much appreciated. I only write for those who are open to ideas or challenging their own approach, or critical thinking, or those forming their own investment approach. I know that for many who have picked their lane, only experience can be their teacher. I am not looking to change the mind of anyone who is entrenched. Just pointing to an approach worth considering. Most readers of course do not comment, but they do send notes through to the back end.

    Dale
    Dec 4, 2014. 07:46 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Hi again VDIGX beats spy from its DG start every year through the recession. That's quite telling and consistent.

    Thanks, Dale
    Dec 4, 2014. 07:38 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Thanks, do write about and mention the aristocrats quite often, that is an incredible 'event'. Check out the Sure Dividend site, you may have already.

    Dale
    Dec 4, 2014. 07:35 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Thanks Varan, always like seeing that model and comparison.

    Dale
    Dec 4, 2014. 07:34 PM | 1 Like Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    Hi Buy, VDIGX as per article has only been DG from 2002. I think the numbers through the recession are relevant, and it has a beat through the recession and previous to. Hard to beat SPY over the last 5 years, as most know. It has done its thing from DG period, beating SPY every year through the recession to present back to it DG start.

    Dale
    Dec 4, 2014. 07:32 PM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    And Disney holding - - 33.7% increase.

    http://seekingalpha.co...

    Dale
    Dec 4, 2014. 08:48 AM | Likes Like |Link to Comment
  • Going Off CCC List To Find Total Return For Dividend Growth Investors. [View article]
    And this just in on one of the VDIGX holdings, Enbridge ENB. Dividend increase of 33%.

    http://bit.ly/12zvgvN

    Full disclosoure, by coincidence as a good Canuck, this is one of my three individual stock holdings, and Enbridge has treated me very well over the last decade or so. I also hold TransCanada TRP and Apple AAPL.

    Dale
    Dec 4, 2014. 08:23 AM | 1 Like Like |Link to Comment
  • Equity Investing Or Index Investing [View article]
    Happy to show up here on behalf of indexing (and actual probabilities of beating an index), and also the style choices for a dividend growth investor.

    First off, with respect to the title, indexing can be equity investing. The S&P 500 is an equity index that holds all stocks or equities, ditto for the Dividend Aristocrat index, now available as NOBL. Or one can still buy the total dividend aristocrats index, individually. That's still indexing. I think the appropriate title might have been active vs passive investing. ?

    I think your look back at a few stocks simply states that you hold 8 companies that did well over 20 years, as you admit it was not your portfolio or representative of your returns through the period. You'e share many stories on stocks and funds that you've held and sold. So it is not representative of being able to beat an index.

    Your public portfolio and that of Mr. Van Knapp's actually under perform the broad market indices or dividend growth indices and that of a professional dividend growth money manager such as Mr. Kilbride for VDIGX. If I was an investor looking to decide on investment approach I would consider those numbers. Again, David appears to be very close to the broad market total returns but he admits to underperforming the dividend growth benchmarks.

    Always to each his or her own, but I will suggest that investors who want the most money in retirement (and a higher standard of living) consider investing with a total return objective. Align your investing approach to your goal. Investing for income and making investment decisions based on that income might undo the magic of dividend growth's total return gift.

    That difference in approach is outlined in this article that compares the Seeking Alpha Nifty Fifty vs the VDIGX that has that history of a market beat. The differences in approach are considerable. Here's Seeking Alpha vs the Professional ...

    http://seekingalpha.co...

    On active vs passive it might be best framed by those dividend aristocrats; the index has a 2.88% annual outperform over the market in recent history. That's a great benchmark, so is Vanguard's VIG that holds companies with a 10 year annual dividend growth history (or more) with value metrics applied.

    Historically a dividend growth investor should have beat the market over the last 10 15 and 20 years, and by a very decent amount. That's what the offer has been.

    Respectfully, Dale

    Ha, not looking for an argument here, just thought that the facts and some clarity was in order, and perspective from the 'index side'.

    I think indexing has even more benefit when it comes to dividend growth investing for total return. That continues to be confirmed.
    Dec 3, 2014. 06:14 AM | 2 Likes Like |Link to Comment
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