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  • Retirement Strategy: When Should We Sell Stocks From Our Portfolio?  [View article]
    Jr.....I'm not an accountant nor do I have the experience or knowledge others here at SA have. However, I have an inherited IRA which I keep and because the taxman is a demanding taskmaster, I have to take a RMD based on the portfolio amount at year end and my age, life expectancy, etc. I make my selection and transfer to a normal investment account. I continue to receive dividends and growth. The only loss is having to pay the taxman. It's a good solution for me, I don't lose the investment or income. My accountant offers his input regarding which position to transfer which will least affect my taxes in the following years. Hope this is helpful.
    Mar 4, 2014. 04:50 PM | 3 Likes Like |Link to Comment
  • ModernGraham Annual Valuation Of Kimberly-Clark Corp.  [View article]
    Nice to see I own several positions which are under valued and were purchased significantly less than current values. Long AFL, COP, DE, from your list.
    Jan 31, 2014. 03:14 PM | Likes Like |Link to Comment
  • Investments Are An Act Of Love  [View instapost]
    God Bless your grandmother for not only a true endeavor of love, but providing you in hindsight the seed of financial forethought. May you all have peace and comfort as your mom moves from this world to the next. I'm coming up on the loss of my dad 8 years ago the 29th of this month. December was 11 year anniversary of the loss of my mom. Still not easy....I miss them very, very much.

    You're in my prayers.
    Jan 10, 2014. 02:18 PM | Likes Like |Link to Comment
  • How Do I Know When To Sell A Stock?  [View article]
    Ya know, you guys have it all wrong!!! Soccer, granddaughter a two time Jr. Olympian in Water Polo taught & showed me.....if Water Polo was easy, it'd be called "Football"... You can choose which one :).... It is an incredible sport!!!

    Merry Christmas
    Dec 24, 2013. 11:16 AM | 3 Likes Like |Link to Comment
  • How Do I Know When To Sell A Stock?  [View article]
    Well thanks to David Fish's CCC monthly report & learning from so many great authors & commenters, I purchased LMT in 3 lots ranging from $86.98-$90.31 in January this year. When Pendragon (I believe) pointed out the large percentage it held within my portfolio, I decided to place a stop loss for 1/3 of position & not drip....I've had to move the stop loss up twice....happy girl!!!

    Also thanks to Mr. Fish's hard work I picked up AFL in two lots from $48.50-$50.17 in February.....both purchases bought with Mr. Chowders rules.

    With my perpetual impatience, Mr. Carnavale's constant focus on value, Mr. Fish's incredible dedication to the CCC list, Chowder's "best practices" and all other mentors, I'm learning, feeling good with my personal ETF & SWAN purchases.

    I'm prepared mentally when the market drops and confident my income will remain stable & grow.

    So thanks all for leading this blind widow to see!!!

    Merry Christmas to all and a Happy New Year!!!
    Dec 23, 2013. 01:08 PM | 4 Likes Like |Link to Comment
  • How Do I Know When To Sell A Stock?  [View article]
    I'm still kicking myself for NOT buying SBUX in the middle of the Great Recession at $49.00!!! I'm mean, who'd a thunk with the economy tanking people other than me would still pay $5.00 for a cup of joe??? Geesh....

    Merry Christmas to all!!!
    Dec 21, 2013. 01:11 PM | Likes Like |Link to Comment
  • Why Procter & Gamble Is No Longer A 'Buy And Forget' Stock  [View article]
    Amen!!! I was reviewing my entry prices and was pleased to see I paid $58 & change for PG!!!! Getting ready to do year-end review. I don't think I'll be re-balancing, but would like to review my increase in annual dividend income over last year!!! I've gotten a raise on almost every position I own. The only exceptions are those I purchased in last 3-4 months. As for the gain/loss, right now I only own 3 positions which have a paper loss: O, SO, GIS.... But believe they are well worth keeping & letting DRIP run!!!

    Thanks to you, Chowder, Bob Wells, Mike Nadel, David Fish, Chuck Carnevale and others!!! Please forgive anyone I left out....onwards & upwards to 2014!!!!
    Dec 19, 2013. 01:31 PM | 1 Like Like |Link to Comment
  • Why Procter & Gamble Is No Longer A 'Buy And Forget' Stock  [View article]
    Dave & Mike,

    Thanks for words of comfort &'s the season, after all. I purchased my position in Aug of 2011 around $61 per share....I'm happy with it. Once I got into this "dividend investing" I got (get) excited when I find just how many everyday products I use and think "gee" I get paid to own company & buy product!!!! Also JNJ, KMB & several others at same time. Just started dripping this year!!!
    Dec 17, 2013. 11:23 AM | 3 Likes Like |Link to Comment
  • Portfolio Business Plan: You Really Need This - Part 2 - Further Revisions  [View article]
    Hi Sonic, thank you again for additional thoughts. I do have a very short list of stocks I'd like to add...actually just pulled trigger on PSX. I've been reviewing David's list of CCC's for additional companies to add. I think one mistake I'm making is discounting certain stocks because they're so expensive right now. I plan to change that process and add more stocks I'd like to own once Mr. market corrects. One I'm kicking myself for not buying late last year, but still watch is's going back on my watch list, not just my "thought list"!

    For now, even with recent revenue miss I'm going to hang on to EMR.

    Thanks Bob for another great article on your business plan. I need to get my plan on a single, professional style document instead of notes here there and everywhere!!!
    Nov 6, 2013. 02:05 PM | Likes Like |Link to Comment
  • Portfolio Business Plan: You Really Need This - Part 2 - Further Revisions  [View article]
    Scott, I like your reasoning behind why you sold X to buy Y. That makes a lot of sense and one I think I'll incorporate. I believe it was Mike Nadel who sold LINN because when asked, he couldn't describe to himself or anyone else what they do. Your thought process is a compliment to that. Thanks for the feedback.
    Nov 6, 2013. 01:54 PM | Likes Like |Link to Comment
  • Portfolio Business Plan: You Really Need This - Part 2 - Further Revisions  [View article]
    Thanks Sonic, a quick review shows their average PE is 17.... I think I bought at slightly above that PE... Do you sell when yield drops below 2% because of over valuation? Do you consider your YOC?

    Right now, I don't have anything in my sight which is a good value. I made some purchases earlier this year with historically low PE...CSX.COP, AFL WMT & a couple a bit higher...ya know, the itchy finger syndrome? Checking out David Fish's CCC list for new thoughts and waiting for another nice pullback.

    Thanks for your thoughts. Another perspective always helps clarify my own.
    Nov 4, 2013. 01:41 PM | Likes Like |Link to Comment
  • Portfolio Business Plan: You Really Need This - Part 2 - Further Revisions  [View article]
    Hi SA Sages!!! I have a question I'm struggling with. I value rules & practices many of you employ. But there are times, like now, I'm not sure which practice is best....I understand at times it comes down to personal preference and goals. Your thoughts and feedback will hopefully help me clarify my own.
    EMR: dividend Aristocrat. I bought a position in two lots, with average cost of $49.40. It currently is sporting a trailing PE of 32+! A forward PE of 17. It's still sporting a 2.4 yield. My anguish, looking at trailing PE is it's over valued...looking forward, not so much. It's current yield is not below 2%. As far as I know, nothing has changed with the fundamentals. I know they are well run company with solutions across multiple industries, they are a multi-national.
    So, do I let my winner run? Do I capture the gains & redeploy? Or just SWAN because this company has been a good slow & steady source of dividend income.
    All thoughts welcome & most appreciated!!!!
    Nov 4, 2013. 12:09 PM | Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number?  [View article]
    LOL's bad when my 6 year old granddaughter has to show ME how to use MY iPad!!!!
    Nov 2, 2013. 12:02 PM | 1 Like Like |Link to Comment
  • What's Your (Dividend Growth) Number?  [View article]
    David, Mike, Eddie, Chowder, thanks for the feedback!! I'm "learning" to be better informed, employing the "Chowder Formula". But the monitoring & timing of a stock to sell or buy, gets confusing at times.

    Chowder, I sold EXC because of many comments you had written during the time, booked a small profit. Again thanks to you, I got out of CTL also with small profit. But I only knew what to do thanks to the Sages of SA....

    Thanks all for your input!!! Here's to a nice growing dividend stream...I know mine went up this year!!!
    Nov 2, 2013. 11:54 AM | Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number?  [View article]
    Hi Mike,
    Another great example of growing a reliable retirement income stream. My son is like yours....spend have fun. I hope he sees the error of his ways.

    Question or two: I owned both BAC & GE during the 09 meltdown. I sold both at considerable loss. I know Chowder has mentioned warning signs he caught before the slaughter. My question is, I'm not nearly as smart as so many here. I began DGI investing in 2011 (during last budget crisis I was buying) and invested in aristocrats who produce products we need in good or bad times. Are there simple warning signs you look for, particularly during significant market decline, which you can share? I know a divi freeze, cut are red flags...but are there others? For the simple minded like me? Thanks & congrats!!!!
    Nov 1, 2013. 03:26 PM | Likes Like |Link to Comment