Seeking Alpha

Eric Landis

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  • Google Spreadsheets For Beginners [View instapost]
    It does get difficult to track your return when you aren't consistent across the portfolio. My broker doesn't reinvest dividends with foreign holdings so right now POT income gets put into my cash pool while I DRIP the rest. Guess there was a reason why I wanted only U.S. companies when I first built the portfolio!

    I also have an old IRA account that doesn't have any new money coming in. So in that one I bought a basket of higher yielding stocks and I am planning on pooling dividends until I have enough to start a 1/2 position in a new stock.

    So many ways to invest and track things, thanks again for sharing.
    Apr 19 01:24 AM | Likes Like |Link to Comment
  • Google Spreadsheets For Beginners [View instapost]
    I use google docs to track my 401k and used it to make the graphics for my latest article http://seekingalpha.co...

    I've already implemented the P/E into another column and plan on going through FAST Graphs to add the historical PE in a column next to it for quick reference when I'm ready for my next buy.

    Thanks again.
    Apr 19 12:38 AM | Likes Like |Link to Comment
  • Google Spreadsheets For Beginners [View instapost]
    Thanks for the post. I use google docs for tracking my portfolio as well and agree that it works great. Looking forward to playing around with some new ideas from your link.
    Apr 18 11:52 PM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Bobbo 58,

    Thanks for the kind words, I appreciate you commenting.

    I think you gave your son some good advice, its better to use the low cost funds or ETF's if you don't have the time available to keep up on the investments. I enjoy many of the same hobbies as him and am expecting a second child any day in addition to an active 2 year old at home so I can totally relate.

    Continued success to you as well and have a Happy Easter!
    Apr 18 12:35 PM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    I generally don't worry about re-balancing once I have my positions set either. I'll let my winners run and add new money to what look like good values to bring them up to par.

    I suppose if 5 years from now something has gone gang-busters and grows to 25% of my portfolio I'd think harder about it. One can only hope that is a problem I will have to worry about!
    Apr 17 02:35 PM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Thanks ScottU,

    I'll agree that I jumped in quicker than most would. We all have different comfort levels, money to invest and time for doing the research. The important thing is just to get started. Whether its 5 stocks or 500, in the end is irrelevant, just do something to start the compounding machine.
    Apr 17 02:14 PM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Zulalily,

    Thanks for commenting and your words of encouragement. As I said I enjoy the discussion and feedback. I agree that the commissions a big reason why people recommend larger buys and fewer positions. Those will decrease as the portfolio grows and thus far haven't really shown to be hurting my returns.

    Best of luck.
    Apr 17 12:40 PM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Have more good news this morning, this time from Watsco (WSO) as they announced a 50% increase to their dividend, the second increase in the last year.

    http://yhoo.it/1hPLmXh

    "Mr. Nahmad added, "We are also pleased to increase Watsco’s dividend to an annual rate of $2.40 per share beginning in July, well ahead of schedule. As evidenced by our long-term track record, we have great confidence in our business to produce both meaningful earnings growth and cash flow that exceeds net income. It is always our intention to share cash flow through increasing dividends."
    Apr 17 11:38 AM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Packer man,

    Thanks for commenting, even though I am a Vikings fan I appreciate the kind words =).

    Investing is more behavior and patience than intelligence. Its doesn't take much smarts to buy the blue chips, watch the dividends grow, and wait. There may be a few falls along the way, but more often than not you will be successful with the strategy.

    I only wish I had started DGI 12 years ago when I graduated from college rather than dropping $30K on a new pickup. Oh well, I guess I'm still driving the pickup!
    Apr 17 11:35 AM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    jjonesg1,

    Since this is a tax free account and I am reinvesting dividends back into the companies that pay them, I am not including dividends in my invested capital total. My initial basis per share is the price I paid for the stock, including commissions.

    The way I see it is I am buying equity in a company that produces profits so profit (dividends paid) produced by that stock shouldn't be counted against my return. If I spend $100 on a stock and it gives me $10 in dividends, and those dividends then produce an extra $1 in dividends the following year I still only spent an initial $100 to produce that income.

    I understand that for tax purposes it is calculated differently and you add reinvested dividends to your basis, but for calculating my return on invested capital, this is how I track it.
    Apr 17 11:16 AM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    Thanks Mike,

    I agree on the quality issue. All blue chips stocks may not always be buys, but most of them are great long term holds. I always have my eyes open looking for opportunities, when one opens up, like Coca-Cola did this quarter, I buy in.

    Its been working quite well for me so far.
    Apr 17 11:08 AM | 1 Like Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    dolphlungdren,

    Love the ham sandwich comment, its one of my favorites from Buffett, and I agree with what you are saying. While I do have a few outliers in the portfolio that require more watching, the majority of the holdings are high quality companies that have been paying dividends for decades.

    Most hobbies in life require spending money to enjoy them, thankfully with investing the opposite occurs as we get to watch the portfolio grow. For some reason it keeps the wife happier than a trip to the golf course would!

    Off to watch some Rocky IV now!
    Apr 17 10:40 AM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    jjonesg1,

    Happy to hear you found the article useful.

    Best wishes.
    Apr 17 10:11 AM | 1 Like Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    goldenretiree,

    Thanks, glad to hear you enjoyed it. Investing has turned into my favorite hobby so keeping up with stocks is something I have fun doing. So far the results have been great, hopefully I can keep it going.
    Apr 17 08:28 AM | Likes Like |Link to Comment
  • 401(k) Reconstructed: Q1 2014 Review [View article]
    kolpin,

    Thanks for the kind words, its good to hear from someone that agrees with me =).

    I think your last comment is one of the great benefits of having a diversified portfolio and was part of what I tried to convey at the beginning of the article. Many of my best picks are ones that probably wouldn't have made it into the portfolio if I had limited myself to 10 or 20 positions. While its important to have a solid core of blue chips, utilities, and REIT's, I think its also good to have some higher risk fast growers that can juice your returns as well. QCOR is one that was a more risky play, but its certainly done quite well for me.
    Apr 16 09:45 PM | Likes Like |Link to Comment
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