3M Co. (MMM)

All Comments on MMM

  • commenter
    Jul 15 01:04 PM
    My Website
    Some Bargain Stocks to Consider Buying [view article]
    thanks for the screen. JNJ looks interesting even thought it has had a nice run up from its lows Reply
  • commenter
    Jul 15 12:36 PM
    Some Bargain Stocks to Consider Buying [view article]
    A rational approach to investing, as opposed to the general casino/roulette wheel theory of market playing that has become the American Capitalist paradigm. Reply
  • commenter
    Jul 15 11:46 AM
    Investing in Dividend Paying Companies [view article]
    A great read on a Tuesday morning when we are listening to BB explaining the flailing world to us via C-SPAN. I'm going to look at the current DJIND list now, asking "What's prospects?" Reply
  • commenter
    Jul 15 11:29 AM
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    Investing in Dividend Paying Companies [view article]
    One comment worth considering. I purchased 1,000 shares of MO over 28 years ago and re-invested the dividends for over 20 years until I had amassed 20,000 shares (including splits). At the current time, I hold 20,000 MO, 20,000 PM and 10,000 KFT (I sold about 3,000). My current income from this original investment is over $70,000 a year, twice what I paid for the original Investment. I also have long time positions in other blue chip companies that have multiplied many times from my original investment. Reply
  • commenter
    Jul 15 10:44 AM
    Investing in Dividend Paying Companies [view article]
    A couple of comments:
    1. Mr Okie - I believe your math is a little off this morining. Generating a 430% gain over ten years is NOT equal to 4% annually. If you got 4% annually on $100 for 10 years you would have $40, assuming no compounding. Using a HP17B calculator to compute the future value of $100 compounding annually at 4% you would have a future value of $148. (n=10, i=4%,pv=-100, pmt=0).

    To get a FV of 430% of your initial investment, your IRR would be 15.7%, not 4%. That is a very good return, especially considering that it is exclusive of dividend reinvestment. (n=10, pv=-100, pmt=0, fv=430)

    2. GM should be deleted from the list. They just announced a suspension of their dividend.

    It is getting bad out there!
    Reply
  • commenter
    Jul 15 09:53 AM
    Investing in Dividend Paying Companies [view article]
    And you could pay attention, and sell if the future didn't look good for the company. You could also dividend reinvest in the company, or invest the dividends elsewhere. Your return would certainly be better.
    When times are rough, like now, for the most part I hold the dividend payers, and sell those that don't. The ones bought for fast growth are usually not growing and the more stolid ones lose less, and they pay the dividend while you wait for better times.
    Reply
  • commenter
    Jul 15 08:32 AM
    My Website
    Investing in Dividend Paying Companies [view article]
    This analysis is further proof, if any were needed, of the wisdom of buying solid companies and planning to hold them for a long time. A refinement of the technique would have been to assume all stocks had DRIPS plans, and you opted for them, which would have been the best pre-retirement strategy.

    Mind you, not all of the DJIA stocks meet my personal quality criteria, so I would have been more selective. The same holds true today, for example GM. And there are other higher-quality stocks which are not on the DJIA list. Quality is the issue, and dividends are part of the definition of quality.
    Reply
  • commenter
    Jul 15 08:28 AM
    Investing in Dividend Paying Companies [view article]
    430% for 10years. Let's see isn't that 4% a year? What happens if you have reinvested your dividends thru a DRIP? If you had only selection critieria for picking a stock, companies that increase dividends over a long period of time (10 years or more). Google Dividend Aristocrats. Reply
  • commenter
    Jul 14 11:15 AM
    Investing in Dividend Paying Companies [view article]
    Your analysis is worth noting. However, buying this new list near the bottom of the market will surely produce significant gains over the next ten years without any trading. Reply
  • commenter
    Jul 14 10:00 AM
    My Website
    Investing in Dividend Paying Companies [view article]
    Its funny to see some of those names up there. Its amazing how quick things change. Eastman Kodak for example used to be an icon but is now struggling. Reply
  • Investing in Dividend Paying Companies [view article]
    Interesting analysis. You might also reference one of Jeremy Siegel's research papers where he found out that buying the orginial 500 stocks of the S&P 500 back in 1957 and then doing absolutely nothing for 50 years would have also outperformed the S&P 500 index by 1 percentage point! Reply
  • commenter
    Jul 13 10:56 PM
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    Dow 30 Price Targets - Too Much Optimism? [view article]
    It is hard to believe how beaten up some of these names have become. But I suspect earnings will be horrible for several quarters. Reply
  • commenter
    Jul 11 04:06 PM
    Dow 30 Earnings Reports [view article]
    Could not agree more. Too small sample size to be statistically representative. Reply
  • commenter
    Jul 09 12:10 PM
    My Website
    Dow 30 Earnings Reports [view article]
    really. one should have the statistic for at least 4 weeks. Reply
  • commenter
    Jul 09 08:13 AM
    My Website
    Dow 30 Earnings Reports [view article]
    This is about the most useless article I've seen yet! Reply

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