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BigIslandBum

BigIslandBum
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  • Visa Is Only Expensive If You Can't Think 5 Years Ahead [View article]
    richjoy403,

    "These younger persons simply do not need income NOW...so why should they focus on it?"

    I think it depends on the individual and their goals. I personally rebel against the generally accepted retirement age of 65 - 70. I set my goal to be able to retire by 50 and live the remainder of my life entirely on my own terms.

    That means putting the vast majority of my investments in a taxable account and building the income stream as value presents itself. The option to remove the dividend reinvestment "sluice" and live off the income stream on a moments notice is much more valuable than the slight increase in tax liability.

    Total return isn't heresy and I don't think anyone has said that. It always comes down to what is the best fit for the individual.
    Jul 13 04:33 PM | 1 Like Like |Link to Comment
  • Why Did I Purchase This Quality Dividend Machine? [View article]
    gfmn2000,

    Here's where I look for estimates on Morningstar: http://bit.ly/1s3o8yz

    I agree about double and triple checking data. It seems overly difficult to find a trustworthy source of data.
    Jul 3 11:57 AM | 1 Like Like |Link to Comment
  • Why Did I Purchase This Quality Dividend Machine? [View article]
    gfmn2000,

    How are you getting a forward PE of 16? I find the following earnings estimates:

    Morningstar : 2.82 earnings for a forward PE of 18.7
    Value Line : 2.88 for a forward PE of 18.4
    Jul 2 02:09 PM | 1 Like Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    joni,

    Oh yes, fresh malasadas are heavenly. Luckily the best (imho) malasadas on the island are at TEX Drive In which is 42 miles away, otherwise I would need a 12-step program.

    If you shop at Costco, you can get an American Express through them as part of your membership. Depending on the membership level and how much you spend annually at Costco, the cash back incentives make the annual Costco/Amex fee very cheap.
    Jun 28 09:20 PM | Likes Like |Link to Comment
  • Why Intel's Dividend Is A Head-Turner [View article]
    Red flags for me:

    * Intel hasn't raised the dividend in nearly 2 years.
    * New CEO Krzanich hasn't mentioned the dividend or a dividend policy.
    * Great revenue expectations always seem just around the next "quarter".
    Jun 27 08:05 PM | 4 Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    Mike,

    I believe you. Send me a PM when you get your trip scheduled.

    Aloha
    Jun 26 04:43 PM | 1 Like Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    "Next time I earn enough points to fly to the Big Island, I'll look you up!!"

    Definitely! First round of malasadas are on me :)
    Jun 26 04:08 PM | 1 Like Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    Mike,

    My card has a $49 annual fee but they let me pay with 3500 points in lieu of cash so it works out as an acceptable deal. They have expanded the rewards to include merchandise, gift cards and cash along with the usual travel rewards. A very nice perk for spending money I was spending anyway.
    Jun 25 09:09 PM | Likes Like |Link to Comment
  • My Dividend Growth Portfolio's 6th Birthday Report [View article]
    Basically, if you hold a dividend payer that is a U.S. corporation or foreign corporation with a U.S. tax treaty for at least 61 days during the 121-day period that begins 60 days before the ex-dividend date, dividends are "qualified". Not a very big hurdle unless you're a trader.

    (REITS and MLPS have different rules and tax implications)
    Jun 25 08:15 PM | 2 Likes Like |Link to Comment
  • My Dividend Growth Portfolio's 6th Birthday Report [View article]
    jerryz26,

    When comparing investment yields, the "current yield" is what is important. Apple's current yield is around 2% so selling some shares and investing in a company offering a yield greater than 2% would be increasing your dividend income (obviously taxes and transactions costs would need to be considered).
    Jun 25 02:49 PM | 2 Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    "Credit cards are very rarely used and always are paid off immediately."

    I prefer the opposite of "very rarely". I use my CC as much as possible and pay it off every month so there is no interest. I get multiple free airline tickets every year, what's not to like!

    I could have paid off the mortgage but the dividends from investing the cash more than pays for the mortgage and are growing at > 10% per year.
    Jun 25 02:38 PM | 8 Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    Although the ads make it sound like a reverse mortgage is great, they are one of the more expensive forms of debt you can get - a very bad idea imho. It is a loan that must be repaid upon you moving out of the house (assisted living, nursing home, etc.) selling the house or when you die (your estate is responsible for the loan).
    Jun 20 09:14 PM | 3 Likes Like |Link to Comment
  • Putting Companies On 'Dividend Growth Probation' [View article]
    The new version of Seeking New (a Google Chrome extension) allows you to Shift-Right click on a commenter's name to hide the content of their comments - just their name remains. Shift-Right click again to show their comments. You can get it here: http://bit.ly/1iOemxt
    Jun 14 04:46 PM | 1 Like Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    SkipK,

    They are discussing Value Line "Safety" rating which measures the total risk of a stock. The Value Line "Timeliness" rating is their price performance measurement that would indicate if it's timely to purchase the stock. Two very different metrics.
    Jun 13 03:25 PM | 1 Like Like |Link to Comment
  • Google Spreadsheets For Beginners [View instapost]
    Yep, those functions are specific to Google Spreadsheets. You may want to consider moving your local spreadsheets to Google Spreadsheets, then you don't have to "copy and paste". You would also gain the added benefit of being able to access your spreadsheets on virtually any device.
    Jun 8 12:52 PM | Likes Like |Link to Comment
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