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George Schneider

 
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  • Linn Energy: Something's Got To Give [View article]
    IncomeYield,

    Megan Trainer would be so happy you referenced her, "All About That Bass".

    How many SA readers you think caught it?

    Best,

    George
    Dec 27, 2014. 12:25 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Cparm,

    You stated, "However, EVERYBODY has made money in this market -- including those with really poor strategies. The current conditions are likely to change, and possibly quite radically. I don't believe your plan provides enough recognition of that for a person in the circumstances you described."

    If I am one of those who has made money despite using a poor strategy, when current conditions change, even radically, I'll still be enjoying the benefit of the income stream I've built in retirement and the increasing dividends my companies will pay, irregardless of what the market decides to price the stocks in the marketplace, irregardless of the next bear market 20% sell-off, 40% sell-off, or 60% collapse.

    My partner firms will still be paying me to own them. Nothing will change for me and other DGI investors like me,,except that we'll be in a position to buy the great names at huge markdowns again with our dividends, just like 2009. And guess how that will impact our income stream?

    I guess you know....it'll go up again!

    Best,

    George
    Dec 27, 2014. 12:08 PM | 1 Like Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Dale,

    I think such insurance would just be throwing money away when you could use it for better purposes by buying solid DGI companies and enjoy the increased income stream.

    We're not interested in the noise of the marketplace and it's ever-changing prices.

    Point in fact: is any oil company worth 10% less today, then worth 20% more tomorrow? Even you would agree this behavior is irrational panic mis-pricing, yet this has gone on almost daily in the oil sector the last couple of months.

    At the same time, almost all of the oil companies have continued to pay out their generous dividends and distributions, and some have even increased them during this turmoil.

    This is what I focus on. Show me the money, the payouts, not the daily price changes of the stock.

    Best,

    George
    Dec 27, 2014. 11:59 AM | 2 Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Miguel,

    Don't worry, I can take it!
    Dec 27, 2014. 11:52 AM | Likes Like |Link to Comment
  • Can DGI Aristocrats Beat The Market? [View article]
    Buyandhold 2012,

    You said, "The reason that many investors seem to have difficulty with buy and hold dividend growth investing is that we live in an age of instant gratification."

    Well said, my friend. Now you've hit the nail on the head!

    Best,

    George
    Dec 27, 2014. 11:40 AM | 3 Likes Like |Link to Comment
  • Can DGI Aristocrats Beat The Market? [View article]
    Petrarch,

    You stated, "The day your "duke of dividends" misses their earnings or there is a 300 point drop in the Dow you hit the panic button. You really can't help it. It is what you do and it destroys your returns."

    You then go on to recommend everybody buy cheap index funds and just hold forever.

    So here's my trouble with your suggestion: what makes you think the investor who owns individual equities and panics on a 300 point Dow drop will not panic after he's taken your suggestion and bought the index funds, when the same 300 point drop occurs in the Dow? In most cases, his index fund will drop about the same percentage as the Dow or S&P that it is indexed to. And, by the way, a 300 point drop today is less than 2%, hardly a reason for anybody to panic about.

    Your suggestion doesn't follow logically,since the same panic reaction you paint will occur in either situation.

    On the other hand,the DGI investor who enjoys the benefit of seeing his dividends continue rolling in, no matter the general weather conditions in the markets, will have the incentive and fortitude to hold and ride out any storm.

    That is the over-riding benefit of dividend growth investing. If your companies keep showing you the money, you never face the emotional panics that befalls the average Joe investor.

    Best,

    George
    Dec 27, 2014. 11:34 AM | 6 Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Received my special $.275 MAIN dividend today, thank you very much!
    Dec 26, 2014. 10:50 PM | 1 Like Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    as10675,

    You've played the carry trade masterfully! Congrats. Any time you can borrow at 0% and deploy the funds opportunistically to earn more than zero is a master stroke.

    Great deal,,great play!

    Best,

    George
    Dec 26, 2014. 10:47 PM | 1 Like Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Water Buffalo,

    "You find deals where you can get them. Oil majors are a good bet right now."

    Or as my colleague Jeff Miller has written, "you take what the market gives you".

    Today, that is the oil sector. Man up everyone, buy some oil majors, hold your nose and jump in. 12-18 months from now you'll be glad you did.

    Sounds like you read my recent article on dollar cost averaging into the oils at these massively reduced prices. Did you?

    Best,

    George
    Dec 26, 2014. 10:44 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Frrizzo,

    Thanks. I'll take that under advisement. How has your performance been with FTSE100 stocks you've bought?
    Dec 26, 2014. 10:37 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Miguel,

    Our retiree couple will learn along the way, just the same way you, PendraoonY and I did.

    Experience will shOw the way and most would not bail immediately upon one subpar performance.
    Dec 26, 2014. 10:35 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Pen,

    You've demonstrated, in your real life experience, exactly what I discussed in an earlier comment. That is, simply, if one or two of our stocks reduce or eliminate their dividends, we'll more than likely make it up with growth of dividends from the many other holdings in the portfolio.

    Thanks for making it real!

    Best,

    George
    Dec 26, 2014. 10:32 PM | 1 Like Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    ChequeMate,

    Would you be kind enough to forward that email to me, please?

    Failing that,,and having no crystal ball, we'll just have to troll the pits of fallen sectors and fallen stocks where we can find our own corrections, like in the oil patch currently, as we've discussed.
    Dec 26, 2014. 10:29 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    ChequeMate,

    "Job security - the latest OxyMoron in the dictionary of real life."

    Oxymoron, indeed.
    Dec 26, 2014. 10:27 PM | Likes Like |Link to Comment
  • Retirees, This Is Not Your Father's Retirement Plan: Constructing The 2015 Fill-The-Gap Portfolio [View article]
    Miguel,

    Let's be fair and acknowledge that ARCP and LNCO have not been incorporated into the Fill-THE-Gap portfolio offered up in this article.

    There is no guilt by association, and it should not be advanced inappropriately.

    Thanks,

    George
    Dec 26, 2014. 10:25 PM | Likes Like |Link to Comment
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