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Mike Nadel  

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  • Worries About Costco's Lack Of Millennial Customers Overblown [View article]
    lake:

    I actually gave Kirkland Light a try -- 48 cans for 21 bucks.

    It tastes a lot like Bud Light to me -- kind of weak, a little sweet. Kirkland is also quite carbonated -- it's "easy burpin' beer."

    It's not a serious beer, and not my beer of choice. But for right after mowing the lawn or after umpiring a couple Little League games in 96-degree heat, etc., it goes down cold, refreshing and easy.

    There's my 30-second review!

    Mike
    Jun 24, 2015. 06:28 PM | Likes Like |Link to Comment
  • The Dividend Reinvestment Dilemma: Prioritizing Yield, Valuation, And Risk [View article]
    I think we're getting into the difference between the kind of drip I was talking about -- telling one's broker to reinvest dividends right back into the stocks from whence they came -- and the more formal DRiP that companies set up to offer low (or no) cost dividend reinvestment and share purchase.

    Mike
    Jun 24, 2015. 05:54 PM | 1 Like Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    DGI:

    WEC and OHI are so different, but I like 'em both.

    Given their respective positions in my portfolio, I obviously prefer WEC as an investment. But others probably prefer OHI.

    Mike
    Jun 24, 2015. 05:50 PM | 3 Likes Like |Link to Comment
  • The Dividend Reinvestment Dilemma: Prioritizing Yield, Valuation, And Risk [View article]
    immort:

    When asked, I always recommend that young people and/or people with fairly small portfolios reinvest right back into the companies that paid the dividends. Why? For exactly all the reasons you mentioned.

    I happen to be a serial dripper and even though I have built a decent sized portfolio over the years, I drip everything. Again, because of all the reasons you mentioned -- and because I always want more of all the high-quality companies I own!

    But I certainly see why those with larger portfolios use their dividends differently. There certainly is no "wrong answer" here.

    Mike
    Jun 24, 2015. 09:54 AM | 3 Likes Like |Link to Comment
  • Long Kraft As The Heinz Merger Radically Transforms The Company [View article]
    vince:

    <<I agree with you that an effective CEO is worth the dough>>

    It's the crappy CEOs who still get wheelbarrows full of dough I have a problem with!

    Mike
    Jun 24, 2015. 09:48 AM | 1 Like Like |Link to Comment
  • Investors Need A Retirement Strategy For All Seasons [View article]
    George:

    You have touched on one of the things I like most about DGI: It is a common-sense, fairly easy-to-implement plan.

    And we all need a plan.

    Even if the young (or middle-aged or old) investor doesn't choose DGI, he/she needs a plan. Hopefully, many such folks will read this article and realize as much.

    I happen to have chosen DGI because it fits my "investing personality." It makes sense to me.

    Mike
    Jun 24, 2015. 09:39 AM | 1 Like Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    Christine:

    Agree.

    It's just a matter of this for me: I have so many things to worry about, I can't start worrying about what-ifs that are pretty far out there!

    Mike
    Jun 24, 2015. 09:33 AM | 3 Likes Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    DGI:

    I completely agree: WEC is not very cheap, but it is reasonably priced.

    We're not talking about a screaming bargain, we're talking about a very good utility at a fair price. Even got the Chuck Carnevale seal of approval.

    Look, I am not comfortable "recommending" stocks. It's not what I do. And I haven't added to my own WEC, but only because I already own a lot of it. Still, if I were someone who had been wanting a quality ute and had a little money sitting there idle, I could do a lot worse than initiating WEC at this price.

    Mike
    Jun 24, 2015. 08:55 AM | 3 Likes Like |Link to Comment
  • Re-Examining My Bullish Thesis On Hershey [View article]
    Oh, you guys keep trying to tempt me!!

    Mike
    Jun 24, 2015. 12:37 AM | 1 Like Like |Link to Comment
  • Valuations, Goals And The Stock Selection Process [View article]
    Eh ... Chowdah ain't tough enough to deal with my wife!

    Mike
    Jun 24, 2015. 12:35 AM | 1 Like Like |Link to Comment
  • Differing Outlooks On The Market [View article]
    Chowdah:

    You are right. GE is a conundrum for me, a 54-year-old who isn't going to be living on divvies for at least 6 years.

    I responded by selling half of my stake and thinking about whether I wanted to keep the other half. Was that the "right" decision? To be continued ...

    Mike
    Jun 24, 2015. 12:29 AM | 1 Like Like |Link to Comment
  • Wisconsin Energy's 3.93% Yield: A 5-Year High [View article]
    I have not yet topped off my WEC. Because I own quite a bit of it already and don't "need" more, I am willing to wait for a real fire sale. I've been so busy this week that I haven't calculated what that price would have to be.

    Mike
    Jun 24, 2015. 12:23 AM | 2 Likes Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    I sometimes put a sheet of foil on the grill, oil it up, and then cook a nice piece of salmon. Of course, if I have a cedar plank available, I prefer that for salmon grilling!

    Mike
    Jun 24, 2015. 12:20 AM | 2 Likes Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    miss:

    I understand. But I simply choose not to live thinking about such what-ifs.

    I mean, what if I get hit by a bus tomorrow? (Which statistically is probably more likely to happen than FDIC failing.)

    Back in 2008, CDs were paying a much higher percentage. And they obviously were safer investments than the stock market because not one holder of one FDIC-insured CD lost a penny.

    Maybe the FDIC "almost" went to heck in a handbasket, but it didn't -- and that was one of the worst financial meltdowns in history. Meanwhile, SPY did plummet 57% and several "blue chip" stocks did cut their divvies.

    Having said all that, I don't own a single CD and, as a DGI through and through, I do own tens of thousands of dollars of JNJ. I have decided that, in today's marketplace, JNJ is a better place for my money on the risk/reward continuum. I will say that if CDs get back to 5% or 7% or 9% yields -- and, importantly, if that yield covers all the money I need -- I would be more than willing to shift at least some of my fortune to CDs.

    Mike
    Jun 24, 2015. 12:18 AM | 3 Likes Like |Link to Comment
  • Wisconsin Energy's 3.93% Yield: A 5-Year High [View article]
    DVK & DS:

    Chuck might call WEC a "premium valuation stock," but in the utilities article he wrote less than 2 weeks ago (http://seekingalpha.co...), he said this:

    "Wisconsin Energy is attractively valued at a blended P/E ratio of 17.1 and offers a dividend yield of 3.7%. Since the beginning of 2015, Wisconsin Energy's stock price has inevitably moved from moderate overvaluation to its current fair valuation level. With this particular candidate, I consider it attractive even though its P/E ratio is a little high and its dividend yield slightly below 4%. However, relative to most utilities, this company's superior growth potential compensates by providing the potential for above-average total return."

    The price at the time of Chuck's article was $45.87; it is $45.86 as I write this -- so, same price. But his 3.7% dividend yield quote was based upon the old rate. At $1.83, WEC now yields 4.0%.

    WEC is my favorite utility. Although I already have a full position, I am struggling to find reasons I SHOULDN'T top it off now anyway. I am telling myself that Fed action very well might cause at least a brief sell-off, but the key word there is "brief," and quality always rules, long-term.

    I have a couple other utes I need to top off to bring to "full," but isn't it silly to buy more of them instead of a company I consider superior?

    Hmmm.

    Mike
    Jun 23, 2015. 10:03 AM | 3 Likes Like |Link to Comment
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