Seeking Alpha
View as an RSS Feed

Dividend Growth Investor  

View Dividend Growth Investor's Comments BY TICKER:
Latest comments  |  Highest rated
  • Procter & Gamble: A Reliable Dividend Machine To Hold Forever [View article]
    Thank you for reading. Unfortunately, I cannot provide with personalized investment advice, since everyone's circumstances are different.

    Good luck in your dividend investing journey!
    Aug 6, 2014. 09:51 AM | 2 Likes Like |Link to Comment
  • Procter & Gamble: A Reliable Dividend Machine To Hold Forever [View article]
    Yes, finding a quality management talent is indeed challenging. The company is very large, but it is also type of company which can be run by a pumpkin ( Lafley is not an idiot, he is smart). If you get a good manager though, PG can do well for long-term shareholders.
    Aug 6, 2014. 09:50 AM | Likes Like |Link to Comment
  • Procter & Gamble: A Reliable Dividend Machine To Hold Forever [View article]
    Are you reading my mind?

    I was planning on doing something like that in the next few weeks. I can probably look at each separately..
    Aug 6, 2014. 09:48 AM | 2 Likes Like |Link to Comment
  • Procter & Gamble: A Reliable Dividend Machine To Hold Forever [View article]
    You are correct, this does sound confusing. I will try to submit an edit.

    In all fairness, this is a great company to hold forever, but it is my top 10 position. Which means for me, I would add to PG if I have the cash and I am low on other attractive ideas. Of course, if PG drops a lot to say below $70, I might consider adding there. My decision to buy a stock is sometimes complicated by a lot of factors, but is mostly dependent on what is available out there and the price at which it is available. For example, I bought WAG this morning, for the first time in almost an year and a half. Hope it goes down further.
    Aug 6, 2014. 09:47 AM | 2 Likes Like |Link to Comment
  • Dividend Investors Will Make Money Even If The Stock Market Closed For 10 Years [View article]

    January 2008 was not the market low.

    Get your facts straight.
    Jul 17, 2014. 11:01 PM | 3 Likes Like |Link to Comment
  • Dividend Investors Will Make Money Even If The Stock Market Closed For 10 Years [View article]

    I started dividend growth investing at the worst time possible - early 2008. That's when I started discussing my dividend ideas on my website, That's when I started republishing some of my articles on this site here.

    I kept putting money in stocks as the world was ending in 2008. Every month, like clockwork, putting money in quality dividend paying stocks.

    I kept adding money in 2009, 2010 etc, through inflation scares, double-dip recession scares, QE1, QE2, QE3, debt ceiling, etc etc.

    The past 7 years have been anything by EASY. They only look easy with the benefit of hindsight.

    I would be happy if stock prices fall by 25%. I would be ecstatic if stock prices fall by 50%.

    I always have someone telling me how stupid I am for doing what I am doing. I ignore their "opinions", stick to my plan, and enjoy life.

    In 4-5 years, income from dividends will be enough to cover my expenses
    Jul 17, 2014. 05:19 PM | 22 Likes Like |Link to Comment
  • Dividend Stocks Are Not Expensive And They Beat Cash In The Bank Any Day [View article]

    I was going to respond to you, but then I remembered a nice saying from Charlie Munger:

    "Never wrestle with a pig, for if you do, you will both get dirty, but the pig will enjoy it"
    Jul 8, 2014. 08:48 PM | 6 Likes Like |Link to Comment
  • How Warren Buffett Earns $900 In Dividends Per Minute [View article]
    I submitted an edit to say $900/minute.
    Jul 6, 2014. 08:07 PM | 2 Likes Like |Link to Comment
  • Companies I Am Considering For My Roth IRA [View article]
    Thanks for info TXWoodworker. Which broker do you use to hold those banks in an IRA?


    Jun 19, 2014. 11:56 AM | Likes Like |Link to Comment
  • Personal Dividend Objectives Versus The Market Environment [View article]
    I usually do not respond to comments, unless they are from someone who really doesn't know what they are talking about, yet are unusually cocky in their abilities ( or ignorant of the lack of those abilities). I am not trying to be mean or harsh with this comment, but I am writing it in order to educate Paul, and hopefully educate everyone here in order to prevent them from doing foolish things such as withdrawing 6% from a 50% stock/50% bond portfolio. Check this chart first:

    Paul's comments struck me as unusually arrogant, yet lacking much in substance. I found it particularly funny that he said this, since he doesn't have much factual substantiation behind his words: "That is a misleading and potentially frightening statement and I urge retirees with a $500,000 portfolio and $30,000 of annual expenses to disregard it. "

    How do I know he doesn't know what he is talking about? First, he talks about 6% withdrawal rate, but he also ignores inflation. Second, he supports a 6% withdrawal rate from a nest egg, by advocating a 50% stock/fixed income split without bothering to tell readers how this might have worked in the past. If he had bothered to learn about studies done on safe withdrawal rates, he would have learned that a 6% withdrawal could result in very short retirement spans, that could mean a very high probability of running out of money within 15-20 years or so.. I would not want be 80-85 years old, and running out of money. Pauls advise is really dangerous for retirees, because it tells them to use their retirement nest eggs the same way that people used to use their houses before the housing crisis. It is really dangerous because he expects smooth increases of stock prices, which of course never happens.

    I am just sitting here, thinking to myself, why do people like Paul exist? Why don't they bother to learn about market history before speaking out? I then remind myself that the market is full of people who never bother to learn, and are eventually washed out. Unfortunately, for people who follow Paul's advise, they might be in for a very very very crude awakening when they turn 80 or 85, and run out of money. I doubt many companies would hire someone at that age who also hasn't worked for 15 - 20 years..
    May 17, 2014. 11:43 AM | 1 Like Like |Link to Comment
  • Don't Be An Arrogant Dividend Growth Investor [View article]
    Dividend Dynasty,

    Your comment would have been valid, if you had actually held the same 15 names for the past 5 years. However, based on what you have disclosed on this site, you have had quite the turnover in your portfolio since 2011. You have experienced quite a lot of dividend freezes (INTC, LLY, TEG to name a few). So therefore, please do not come here throwing off misrepresented statistics, and try to mislead people that concentrated is better.

    In addition, please do not talk to me about ratings by agencies. That shows to me that you are outsourcing your analysis to a third party, which is not something that you should be doing as a heavily concentrated investor. Quite the opposite, you should be devouring the 10K, 10Q and Press Releases coming out of those companies. Plus, in the past both GM and EK had been rated triple-A, and those didn’t turn out well for investors.

    You claim to have a great return in the past five years on stocks you have held for less than 2 years, while conveniently “ignoring” the result of the other companies that you sold off.

    I was also turned off by you mentioning some greek alphabet letters, which I am not sure how they help out in actual dividend investing.

    On the positive side however, I believe a large portion of your picks are solid companies, which would likely do pretty well. Of course, if there is a change that happens in 5 – 10-15 years, that none of us could even conceivably think about, you could be in trouble. But then, that’s your money, and you can invest it as you please.

    I wish you good luck in your dividend investing journey!

    Dividend Growth Investor
    May 7, 2014. 06:37 PM | 2 Likes Like |Link to Comment
  • 12 Dividend Machines Raising Distributions For Investors [View article]
    You just hand picked three companies, and made a conclusion based on that. This is not an example of the serious research I was requesting from, that should support your thesis of what is “right” or “wrong”. Hence my comment that you are talking out of your hat, which you are.

    In other words, you came up with a conclusion that something is the way you think it should be, and then you only looked for evidence supporting your thesis. This was very obvious to me after reading your first comment. This is the wrong way to look at things.
    May 5, 2014. 11:49 AM | 4 Likes Like |Link to Comment
  • 12 Dividend Machines Raising Distributions For Investors [View article]
    Show me the academic research that supports your thesis. (or any objective research that can be relied upon, which had a statistically valid sample ). Also show me the proof that the paragraph is “wrong”.

    The thing is, you can’t, because you are talking out of your hat.

    PS The statement you are making is complete BS – “How often have you seen companies raise dividends and then tank after they are forced to reduce or even cancel them altogether?”

    If you have bothered to look at actual data, rather than talking out of your hat, you would have learned that your statement is incorrect.

    Thanks to people like you, inefficiencies in the stock market exist, and people like me make a lot of money in dividends and capital gains. So please, spread your disinformation.
    May 5, 2014. 08:54 AM | 13 Likes Like |Link to Comment
  • When To Buy Dividend-Paying Stocks? [View article]
    I create a portfolio list in Yahoo Finance. It provides me information for those companies on the parameters used above. I also have a list I maintain at home of companies, streaks of dividend growth, historical dividend growth, earnings/revenue growth (you can use David Fish CCC list). I bump results of both sources (Yahoo and my list) together and screen.

    Screening is part of the picture - here's why:

    It is much better to have a watchlist of 100 - 200 or so companies, and monitor them regularly.
    Apr 19, 2014. 08:21 AM | 1 Like Like |Link to Comment
  • These Companies Have Paid Dividends For Over 100 Years [View article]
    Hi Mike,

    I am sorry, I didn't mean to come out too strong or rude. I was mostly dissapointed with myself that I might not have communicated my article well.

    I enjoy your articles, and hope you manage to inspire more investors to reach their financial goals.

    Best Regards,

    Mar 31, 2014. 06:36 PM | 1 Like Like |Link to Comment