Seeking Alpha

moneykiller

moneykiller
Send Message
View as an RSS Feed
View moneykiller's Comments BY TICKER:
Latest comments  |  Highest rated
  • If I Were Starting All Over Again [View article]
    What great stories from all who commented as well as the author. Very inspiring. My own time table was I partied from 19-29 and do not regret those years one bit. Turned 30 and had 12,700.00 in my 401K and 16,800.00 on my MasterCard at 7% interest rate :(. Plus a new car loan of 28k at 2.9 %. At that point I decided to pay down my credit card debt and raise my 401K contribution from 1% to 10%. Then I opened a scottrade account. Once my credit card debt was cleared up(took 6 months of massive overtime), I aggressively added to the stock market. I couldn't have picked a worse time as that was early 2007. Needless to say I've bounced around performance wise but the last few years i have focused mostly of buying dividend payers. 37 now and have accumulated over 350,000.00 in my 401k, 28k in my Roth IRA and over 50,000.00 in a taxable account. Point is no matter how bleak my start in investing was , it's all beginning to make sense.
    May 21, 2014. 06:20 AM | 3 Likes Like |Link to Comment
  • How To Identify Your Dividend Investment Goals [View article]
    That z06, if a C6, would have likely dropped an exhaust valve as well being it had the ls7 motor which is 15,000.00. Further eroding you reaching your goal. Yet low 11 second quarter mile blasts can be nearly as fun as collecting 5% yield on a blue chip! Lol. Impressive goal you have achieved! I'm at around 300 a month since giving div growth stocks a chance 2.5 years ago. Comments like yours as well is this particular author keep me motivated ! Maybe when all is said and done ill skip the z06 and head right for that zr1 ;). Best of luck!
    Apr 16, 2014. 07:29 PM | 3 Likes Like |Link to Comment
  • Buying Brand Names In A Bear Market Can Make You Rich [View article]
    Powerful points. Not sure if I could stomach the swings but the results are extremely impressive. I enjoyed the article very much! Thank you for posting it up. Jim
    Apr 5, 2013. 03:52 PM | 3 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    What was the price of oil when they stated the div was safe through 2016? Maybe it wasn't a matter of misleading investors but an unforeseen drop in oil that caused the cut? Regardless I sold my position today. No Div means if can't be in my Roth IRA. Debating on what to do with my small RIG position now too. Don't really want another haircut right now
    Nov 26, 2014. 02:30 PM | 1 Like Like |Link to Comment
  • Update: BP Judgment Does Not Change Our Very Bullish Outlook [View article]
    Added 15% yesterday to my long position. IF the yield climbs to 5.5% on this pull back I may add even more.
    Sep 5, 2014. 09:31 AM | 1 Like Like |Link to Comment
  • BP Rated As Juicy: Ignore The Plant Explosion And Russia Noise, We'd Buy Here [View article]
    I own all four. BP most heavily weighted but I bought in mid-high 30's so its been good so far.
    Sep 3, 2014. 09:40 PM | 1 Like Like |Link to Comment
  • McDonald's: An Undervalued Dividend Champion I Bought With A Margin Of Safety [View article]
    I'm 37 years old and always loved McDonald's. it was fast and cheap to get a meal. IMO it's still a fast meal but far from cheap, especially for younger people. 10-12 bucks is pretty pricey for someone making that an hour before income taxes. That said what I found more alarming was what i recently observed not two weeks ago. I met up with my younger cousin who had just turned 21, she was having a party at local pub in a semi affluent area in queen NY. Anyway. She was there with maybe 15-20 of her friends. After some time they decided to leave and go to another bar. On the walk there we passed a McDonald's and I said let me grab a quick bite and ill meet you there. Their reaction caught me off guard. They actually were laughing at me and thought I was joking about eating there. "You eat that crap", " smoking Is better for you", " I haven't eaten in those places in years". Etc etc. I still went in of course because i was starving. years of weight Training allowed me to joke back with"we'll it worked for me", Ok maybe not so much anymore lol. Now granted I rarely frequent fast food places because I am health conscience but I was taken back by not only how health conscious the younger generation was but also the negative imagine I was portrayed in. Like current day smokers are viewed IMO.
    Aug 16, 2014. 05:57 AM | 1 Like Like |Link to Comment
  • If I Were Starting All Over Again [View article]
    51k Is the total allowed between your contribution(max is 17,500), and the employer. I make a fairly high wage(annual income between 115-140 in NYC isn't exactly baller believe me) as I work nights and a ton of overtime. This does impact my social life and relationships with family and friends. They understand that I'm motivated and once I understood the rule of 72 and that compounding magic can even work for a knuckle head like me who works with his hands lol Jk, that the Ages between 30-40 were crucial to get started. My job is physical and there's only so many pay checks I can cash on my body. Don't be depressed. I was and that makes you frozen and do zero. Pain pleasure Anthony Robbins ;).
    May 21, 2014. 03:39 PM | 1 Like Like |Link to Comment
  • Seadrill: Why This Stock Is Undervalued And Should Be Owned By Every Investor [View article]
    If SDRL slashed their dividend 50% how long would it take for them to repay their debt? Not sure what the interest is on their current debt but a 5.3% dividend would still be nice and they could use those additional funds to rid themselves of the rising debt. newbie here so be easy :).
    Feb 17, 2014. 05:27 PM | 1 Like Like |Link to Comment
  • Real Estate Vs. REITs [View article]
    Great article. Thanks for posting it. I'm very new to investing in stocks and also considered a home purchase a 2 years ago. My problem was that for me and many my age living in NYC. A home purchase is going to require a massive allocation of most of my liquid assets and that would still not cover even 50% of what a decent 2 family goes for. PMI may even be plopped on top as well as jumbo rates. I found this leveraging of money to buy a relatively illiquid asset(compared to stocks etc) not worth it. It's like me going out and buying CIM on margin and having to spend a lot of time, money and effort to sell it if I chose to do so. Plus I felt from an investment point view, it was throwing all my eggs into one basket. I wouldn't even hold more than 8% of my entire portfolio in a single REIT. 34 years old, 200K in a 401K, 20K in a Roth IRA and about 50K in liquid assets(my stock account I have recently converted from leveraged ETF's to high div payers-thanks SA) so I concluded that a 500-650K 2 family home buy was not for me at that or this time. I'm single, one income and work lots of overtime so to worry about tenants and up keep was a bit overwhelming. I'm so glad I found SA because I have been doing nicely collecting dividends on REITS and other quality stocks. Just a lowly construction worker's real world point of view. Your article makes me a bit more at ease with the path I chose. Many of my friend's and co workers, unfortunately, are up side down in their homes thinking that homes could only go up back in 2005-2007. Glad I missed that wave.
    Jan 19, 2012. 10:04 PM | 1 Like Like |Link to Comment
  • Dropped Call: AT&T Transmits Unimpressive Q3 Results [View article]
    Atnt is dumping a massive amount of new fiber optic cable into the ground in NYC. Not sure if this is the trend around the country but what I am seeing with my own eyes is Atnt has been pulling new fiber into buildings all around the city. Lots of these I believe are new customers too because Atnt digs up the street and is running their own conduit from the manhole system to the basements of these buildings then they place the new fiber from the manhole and splice to their existing system and bring the smaller cable into the building. Construction foreman said these digs are like 40-75k each less the fiber work. They re spending a lot it seems on their infrastructure in NYC IMO. Atnt subs out their work fiber work to a small outfit called Hugh Okane electric. I have spoke with these guys who seem quite knowledgeable and have been in the fiber filed since it exploded in the 90's as well and they are far faster in installing fiber cable then say Verizon own fleet. Wonder if Atnt does this to keep costs down. Anyway that's what I've been seeing in the real world in my area. Long T
    Oct 23, 2014. 10:43 AM | Likes Like |Link to Comment
  • Chevron: Room For A 40% Dividend Increase By 2017 [View article]
    In NYC area the BP stations seem to be the nicest. Though they are a few cents more then say a Hess station. Chevron stations do appear dated and good point on women shoppers. Guys, in general will say gas is gas but women may gravitate towards a nicer, more well lit station. Long cvx and BP
    Sep 15, 2014. 08:01 AM | Likes Like |Link to Comment
  • The Great Correction Of 2014? Don't Drink The Kool-Aid [View article]
    Great discussion and the comments are as thought provoking as the article!
    Jun 12, 2014. 01:53 AM | Likes Like |Link to Comment
  • The Great Correction Of 2014? Don't Drink The Kool-Aid [View article]
    Seems that "cash on the sidelines" can have a few different meanings as Laker pointed out. Lets say my portfolio was up 300% since the crash(its not btw :()If I sold all my winners and left the proceeds in cash than I see your point WSD. But what if I took that money and bought a new Corvette? Now me the seller no longer has the cash either but it's not sitting somewhere as I gave it to GM. Hopefully the ignition is fixed with the new cash !
    Jun 12, 2014. 01:52 AM | Likes Like |Link to Comment
  • If I Were Starting All Over Again [View article]
    My employer puts in as well. I maxed out my contribution every year and a few year went over the 51k total allowed to be put into a 401K. Unfortunately some years I'm not eligible to fund my Roth IRA :(.
    May 21, 2014. 09:49 AM | Likes Like |Link to Comment
COMMENTS STATS
24 Comments
16 Likes