My Income Portfolio Quarterly Update (Q1 2013) [View article]
That is a good question I do have a couple trailing stops in place for HSY and JNJ but that is more about the runup in share price of those companies and not so much based on the broad market rally. The overall goal of my portfolio is not one of market timing to try to make profit on share price but more about growing residual dividend income over time so I am not looking to sell as many positions as alot of investors would simply because I am looking to grow recurring income which is supported more by staying in the stock than exiting it. I will say I am not looking to add to any positions in the immediate future at least until a correction occurs because I do feel many of these stocks are overbought.
General Electric - Doubling Down On Natural Gas [View article]
While I appreciate your opinion I will respectfully disagree yes the Nat Gas area has been around for a while but none of the current providers can ramp up production or output products and equipment at the same rate that a corporation like GE is capable of. While you are correct and GE may have a hard time making inroads into the existing market structure where I believe GE is targeting is the excess capacity market. By that I mean as new wells and equipment are needed it is a known fact that the industrial material segment for Nat Gas market is already strained GE has the potential to provide for and produce material for that excess demand faster than most of the companies that exist in that segment today. GE will leverage its production might rather than compete with producers directly to make inroads into this market. This is just my opinion and may not be correct but this is how I view this situation playing out, only time will tell.
General Electric - Doubling Down On Natural Gas [View article]
I agree but what I realized while doing this research was that they just of the 16.7 billion acquired from Comcast for NBC Universal they spent 3.3 billion of that on the LUFK acquisition and I believe there may be a few more acquisitions in the works. I would rather have GE spend the money on acquisitions that add to the company network but also offer growth potential for the company as a whole then to just have them simply return that cash to investors through one time dividends or one time stock repurchases. I would rather GE implement a systematic stock repurchase plan than simply a one time effort.
My Income Portfolio Quarterly Update (Q1 2013) [View article]
also to address your cost basis question I bounced back and forth about that specific issue but since I do sell and buy different securities my cost basis for each stock does not accurately reflect the true profit my portfolio has made over time since realized profit from the sale of certain investments not gets realized in the cost basis of the new stock that replaces it. for that reason I decided to stick with yield on cost, and the annualized dividend as a better metric to measure the performance of this portfolio over time when you consider its goal based on my original article.
3 Water Utilities To Quench Your Dividend Thirst And 1 To Avoid [View article]
I agree that 2.anything yields are not what you are looking for from income based utilities, but show me utility companies that offer you 98% total return over a 4 year period. The point I am trying to make is that these companies should not be thought of as income companies rather they should be thought of as growth companies based on their total return.
I am not a fan of tabacco because of the constant war by the government against it for health reason's that is a factor that I cannot get past to invest in tabacco in any form.
I like dupont because of their diversity when it comes to the economy they provide a broad range of services and mainly I like them because of their agricultural component more specifically
General Electric - Doubling Down On Natural Gas [View article]
GE acquire Dresser Industries in 2011 for 3 Billion, and then purchased John Wood Plc's Well Support Division for $2.8 billion in 2011, and just recently acquired Lufkin Industries for $2.98 billion. That is over 9 billion dollars of acquisitions centered around oil and gas services over the last three years. Thats a pretty hefty investment. They may not have been a player in fuels in the past but I fully expect them to be a player in the future.
4 Dividend-Paying Financial Companies With Upside Potential [View article]
Even though you do not invest in larger banks, you cannot deny that their is value in those investments even though your taste has been soured towards them.
Dividend Growth Investors - Prepare For The Correction [View article]
I love the article Cranky this is an issue I have been struggling with myself. I actually used the last correction to start my investing when the markets tanked I knew they were a bargain and bought in. Now I am up significantly and trying to find ways to increase my dividend payments while at the same time protect the wealth my purchases have accrued.
I came up with one specific strategy that seems to be working for me. for all of my holdings that have increased by more than 20% I have placed 5% trailing stop limit orders on them so that if the next correction comes hard and fast I assure myself of locking in max profits of my top earning stocks minus 5%. I ensure that I will not lose those gains I have accumulated.
I decided to treat stocks below the 20% mark slightly different if the stock has not grown by 20% or more and even falls below my original cost basis I decided to analyze those stocks on a one on one basis and if the fundamentals remain solid to take the opportunity to swing some of my profits from my over achievers perform a portfolio swing and sink them into the lesser performing stocks with the goal of reducing my overall cost basis wile at the same time increasing my dividend payments. Generally the stocks that have run up 20% or more have had their dividend squeezed to significantly less than what it was when I purchased it.
I know this is not the typical approach for a dividend growth investor but for me this is the strategy that I have arrived at that I am most at peace with.
My Income Portfolio Quarterly Update (Q1 2013) [View article]
I actually will look to write covered calls on my stocks once I own 100 shares of a stock but I am not going to accelerate my purchases just so I can write options
My Income Portfolio Quarterly Update (Q1 2013) [View article]
I don't believe in buying equal numbers of shares of companies what I believe in doing is buying equal dollar amounts of company stocks. This way I am assured that a 20% gain on a $10 stock is not wiped out by a 10% loss on a $20 stock. While many people use your suggested strategy as I see it that strategy has wholes in it.
My Income Portfolio Quarterly Update (Q1 2013) [View article]
General Electric - Doubling Down On Natural Gas [View article]
General Electric - Doubling Down On Natural Gas [View article]
My Income Portfolio Quarterly Update (Q1 2013) [View article]
3 Water Utilities To Quench Your Dividend Thirst And 1 To Avoid [View article]
Building An Income Portfolio [View article]
Building An Income Portfolio [View article]
General Electric - Doubling Down On Natural Gas [View article]
4 Dividend-Paying Financial Companies With Upside Potential [View article]
4 Dividend-Paying Financial Companies With Upside Potential [View article]
Dividend Growth Investors - Prepare For The Correction [View article]
I came up with one specific strategy that seems to be working for me. for all of my holdings that have increased by more than 20% I have placed 5% trailing stop limit orders on them so that if the next correction comes hard and fast I assure myself of locking in max profits of my top earning stocks minus 5%. I ensure that I will not lose those gains I have accumulated.
I decided to treat stocks below the 20% mark slightly different if the stock has not grown by 20% or more and even falls below my original cost basis I decided to analyze those stocks on a one on one basis and if the fundamentals remain solid to take the opportunity to swing some of my profits from my over achievers perform a portfolio swing and sink them into the lesser performing stocks with the goal of reducing my overall cost basis wile at the same time increasing my dividend payments. Generally the stocks that have run up 20% or more have had their dividend squeezed to significantly less than what it was when I purchased it.
I know this is not the typical approach for a dividend growth investor but for me this is the strategy that I have arrived at that I am most at peace with.
My Income Portfolio Quarterly Update (Q1 2013) [View article]
My Income Portfolio Quarterly Update (Q1 2013) [View article]
My Income Portfolio Quarterly Update (Q1 2013) [View article]
My Income Portfolio Quarterly Update (Q1 2013) [View article]