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  • Protecting Your Income Portfolios In Today's Market: Consider Defensive Utility Stocks [View article]
    I really hate coal also but I hate nuclear even more. Peace
    Jun 30 10:39 PM | Likes Like |Link to Comment
  • Protecting Your Income Portfolios In Today's Market: Consider Defensive Utility Stocks [View article]
    I have been looking for a secure and sustainable way to invest in wind and solar energy and when I first looked up NEE, I was reading along and getting excited that maybe this would be the place where I could do that. But then I noticed that they were involved in nuclear power and that stopped me because I fear a nuclear accident would not only be messy and perhaps deadly, but it would also be costly and maybe a company I was investing in might be held liable.
    What do you know about this kind of issue and also do you know of any secure and sustainable wind and solar investment. I lived in Britain for 8 years and traveled down the coast of Europe in sailboats and saw many wind generators. I have friends living off grid with plenty of electric use as in a normal home all powered by solar panels on the roof of the house and the barn. Solar is BIG in Germany now. I really would like to have a solar and wind investment. I think the world is heading that way faster than we know.
    Jun 30 10:07 PM | 1 Like Like |Link to Comment
  • Dividend Yield Vs. Dividend Growth Revisited - Does It Matter? [View article]
    I really like the 3 x 5 card savings plan. That is neat and sweet and I can see that it would be effective. The card could fit in your pocket and you would know that all purchases had to be recorded so you would think twice before pulling out your wallet. Good idea!
    Jun 30 09:53 PM | 2 Likes Like |Link to Comment
  • Protecting Your Income Portfolios In Today's Market: Consider Defensive Utility Stocks [View article]
    Interesting Times,
    Read and read here on Seeking Alpha especially the articles of Chuck Carnevale, David Crosetti, Mike Nadel, Bob Johnson, Bob Wells, Chowder, David Fish, David Van Knapp, and a host of others. Just read and read. If you are not working at present and need to invest for the future in secure income stocks, this the the place to learn. Start slowly and build confidently after reading and reading.
    May you heal quickly and regain all that is possible.
    Jun 28 06:10 AM | 14 Likes Like |Link to Comment
  • Dividend Yield Vs. Dividend Growth Revisited - Does It Matter? [View article]
    Stanford Chemist,
    No, I did not end up in science. I have a rare visual defect where each eye sees double and the four images can never join but seem to move about on the page. That was not understood until I was already elderly, but it makes it very hard for me to cope with arithmetic where the numbers are endlessly interchangeable with each other in ways that letters in words are not. The shape of words adds a visual cue to the meaning of the sentence and my brain manages to sort things out ok, but I read slowly. Coping with reading long numbers, for example, is usually difficult and even slower but if I am really interested, I persist and overcome eye strain and accomplish what needs to be done after a struggle.
    When my early school grades came up short in arithmetic, the teachers led me away from science. But I retain a deep interest in science, and still learn all that I can.
    Actually, I take after the other side of my family who were all about boats and the ocean. I am a contented person who loves to be out doors on land or sea and I have so many interests there is never enough time to satisfy all my curiosity. John Muir and Joshua Slocum are my personal heroes. Out on the water, I am a slow but careful navigator.
    In this world there is much to learn and share and enjoy so I can never understand and will never accept persistent mean spirited actions like we have seen recently here. It is not needed and it hinders legitimate sharing of knowledge. Dissent never needs to be rude or belittling. I like a good discussion with opposing views and welcome it as a way to gather a complete and well rounded understanding of an issue.
    But here we have already decided to focus on this one aspect of dividend growth investing and are not interested in exploring together the many other ways of investing such as in funds (although many of us do have other kinds of investments including funds). But right here, we want to do deeper exploring into this business of personally selecting dividend paying stocks, building our own portfolios of them, maybe reinvesting, and certainly sharing what we have learned or experienced.
    Constantly having to deal with someone who wants to discuss fund investing and is rude to those who do not, is distracting and not necessary since there are many other places where fund investing is the main topic of conversation. While many of us tired repeatedly and politely to respond, it was a serious distraction and it was also obvious that heckling was really what it was all about. It is not helpful to anybody to keep on being entertaining to hecklers. They do not benefit from such entertainment and neither do we.
    Jun 28 05:57 AM | 10 Likes Like |Link to Comment
  • Multi-Generational Dividend Investing [View article]

    I like your suggestion. I have always been interested in helping kids get a good education and we all know how hard it is to afford it these days. That is a really appealing suggestion.

    Jun 27 07:24 PM | 1 Like Like |Link to Comment
  • Dividend Yield Vs. Dividend Growth Revisited - Does It Matter? [View article]
    I grew up at Caltech where Richard Feinman, Linus Pauling, Harold Urey, and Irving Langmuir were either closely related to our family or very good friends of my family. They all had Nobel prizes and their names are recognized today in their fields. Almost all the visitors to our family home had PhDs in science and were connected to Caltech and I grew up listening to the conversation these scientists had around our dining room table and in the living room. Later in my life I married a scientist and we continued to have almost all PhD level research scientists as friends. I never heard such rude or belittling comments from any of them. One of the commentators here seems to think that if he slaps the scientist label on his chest he should be excused from common decency. Rubbish!
    Jun 27 01:39 PM | 13 Likes Like |Link to Comment
  • Multi-Generational Dividend Investing [View article]
    Someone knows if this is true or not.

    If you leave actual shares - say some really safe core type position - to your inheritors, are they taxed or not? And do they get a new basis or not? Is there any benefit to willing the actual shares rather than having them sold and just a check written for the amount?

    Jun 27 01:06 PM | Likes Like |Link to Comment
  • Protecting Your Income Portfolios In Today's Market: Consider Defensive Utility Stocks [View article]
    Thanks for this good article, Chuck. Once again I take instruction from you.

    As I have said in other Seeking Alpha comments, I like to keep a year's supply of cash just so I feel calm and sleep well at night. Your suggestion that I might do better to park that year's supply of cash in maybe SO or ED, does sound good to me. Then if and when I my money, the price of the shares is steady so I will probably get all my money back. But while it is invested in SO or ED I will be earning 4+ percent which is nothing to sneeze at.

    I admit that in financial matters, I am conservative, but leaving that much money down at the bank not earning much at all, is just plain silly of me. Admittedly neither SO or ED will be paying dividends that keep up with inflation, but the 4% steady dividend is a much better option than down at the bank where the interest rate is next to zero and staying there.

    Many thanks for this and all your postings,

    Jun 27 12:36 PM | 2 Likes Like |Link to Comment
  • Multi-Generational Dividend Investing [View article]
    KGWJ 1
    I like that.
    Jun 26 09:25 PM | Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    Scott U

    I can see your point especially as it relates to property you are renting and expecting to have the rents paying off the mortgage.

    It used to be common in New England blue collar neighborhoods to have what we called triple deckers and these were buildings with three apartments stacked one on top of the other with the land lord usually on the bottom floor and the renters above. One of the rents paid the mortgage, one paid the insurance and taxes, and the landlord paid nothing until the building was paid off. By then the landlord's kids had grown and usually they rented the apartments above when they got jobs and that way they were right there to take care of the old folks living on the first floor when they got old. I saw that all the time long ago. It worked well and for some smart families, it still works well.

    Jun 26 03:32 PM | 5 Likes Like |Link to Comment
  • Dividend Yield Vs. Dividend Growth Revisited - Does It Matter? [View article]
    Cash King,
    I admire the determined discipline that you demonstrated by saving and investing 40% of your income for 16 years. (I did something similar for about five years long ago.) Those investments have allowed you to take this new job which is currently paying less but is apparently more enjoyable. That is great! Best of luck with the hoped for raise and promotions.
    In order to save 40% of each pay check for 16 years, you went skinny on spending in order to buy freedom. And now you can just take 40% of the dividends to make this transfer to the new job. Sweet!
    Rental properties are wonderful for some folks (but not me) and I have friends who do that. It is a different kind of diversity but a steady one because people gotta live somewhere and after all those foreclosures since 2009, there are a lot of former home owners who cannot buy property and need to rent, plus there are a lot of potential rental properties to buy at lower cost these days and low interest rates too.
    Best of all, your picture shows you to be young so your investing journey is maybe mid way and there is more to learn and share.
    Thanks for this good read,
    Jun 26 10:12 AM | 4 Likes Like |Link to Comment
  • Multi-Generational Dividend Investing [View article]
    Two of my kids came to me in their upper teens and were boat people from Vietnam. They came in their shorts and tee shirts wearing flip flops and arrived in New England in winter time.

    But tucked in between their ears, was a ton of Asian wisdom learned from grandparents and so I listen when they say they want to "tell me an old story" because much can be learned from such stories in all cultures. Here is one story about giving:

    "A starving man is given a bowl of rice and he eats it, is grateful, and goes away and solves his problems by himself and lives his life independently from then on and never forgets that bowl of rice.
    Another starving man is given a bag of rice and he sits down and waits there while he eats and eats and he is angry if another bag of rice is not provided immediately after that. From then on there is always more anger and then more bags of rice. The man never goes away and is always angry"

    After hearing that story, I decided to offer matching funds to whatever any child or grand child in our extended family could earn and save towards college. At 70, I must admit to being a very slow learner about such things. But I hope those of you who have a good plan will share it with details so I can learn more now.

    Both my Vietnamese kids are doing well after finishing college and getting jobs and saving and investing as I and my mentor taught them. Neither of my other kids finished college, neither has savings, and neither invests.

    We currently have a revocable trust and will be making changes due to a recent move out of New England. Each state has different legal traditions and requirements so we are studying what to do before we contact a trust attorney. We want to help grand kids with college matching funds and also try to prevent our savings being wasted by the kind of stupid and wild spending spree we just witnessed by one of my children. I gave her a lifetime of example of simple living and saving and investment teaching and she did not want to learn any of it and still does not want to learn. Her daughter follows her mother's example faithfully so a carefully made trust is my only option.

    Jun 26 09:17 AM | 6 Likes Like |Link to Comment
  • Multi-Generational Dividend Investing [View article]
    All of my kids recently inherited 60k and one of them blew it in a single month on a fancy car and furniture. Her child will want to go to college in about 6 or 7 years but her mother will not have put anything away. That kid is smart. I have decided to offer matching funds for whatever parents and kids save and spend for college education. "God helps those who help themselves".

    Another of my kids is already well into dividend reinvesting and has set things up for his kids and his 60k will be doubling while his kids grow. Another of my kids has no children and is independent and doing fine and I have not bothered to find out what he did with his 60k. Yet another is extremely wealthy by his own efforts and invests and is wise and sensible so again I have not bothered to find out what he did. He has college age kids already well funded for college. In short, some listen and some don't and some just cannot learn how to manage money at all.

    I am tempted to give at least 50% of our portfolio to charity. I will then hope to leave the rest to the grand kids and maybe there will be some specific advice here on exactly how to arrange things. I will be reading this comment stream closely.

    Jun 25 09:44 PM | 4 Likes Like |Link to Comment
  • Dividend Yield Vs. Dividend Growth Revisited - Does It Matter? [View article]
    Others have noticed that. Peace
    Jun 25 09:19 PM | 1 Like Like |Link to Comment