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Bikerguy

Bikerguy
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  • A Sleep Well At Night REIT That Just Boosted Its Dividend [View article]
    Brad this is the first REIT I bought after I started reading your articles. I am in at under $38 and very happy with it. Since I hold it in a taxable account I chose not to sell it when you did. I felt that the after tax dollars could not be deployed into a better yield. As a retiree cash flow means much more than asset value. BTW, we live just outside of Greenville and, like you, love the area.

    Long HTA, STAG, HCP, DLR, RYN and NHI.
    Jan 30, 2015. 08:27 AM | Likes Like |Link to Comment
  • My Roth Conversion Odyssey (Part 2) [View article]
    As a retired CPA I looked at the Roth conversions and Roth 401k while working. Much of the conversion issue, in my opinion, comes down to tax rates at the time of the 401k contributions, tax rates at conversion dates and the expected tax rates during retirement. Once I finished this analysis I determined that it was best for us NOT to either contribute to a Roth 401k nor convert the existing traditional IRAs to Roth IRAs. Even after taking onto account the RMD we will be in much lower tax rates than when we were working. The excess of RMD over funds need to live will simply be invested in our taxable account. Everybody's situation is different but this is working for us.
    Jan 25, 2015. 09:40 AM | 8 Likes Like |Link to Comment
  • My Roth Conversion Odyssey (Part 2) [View article]
    Sarte the RMD cannot be rolled over into anything. However, other funds in the IRA can be rolled into a Roth and you pay the applicable taxes. Section 408(d)(3) is referring only to the RMD not the remaining balance in the traditional IRA.
    Jan 25, 2015. 09:34 AM | 3 Likes Like |Link to Comment
  • Shaw Communications: Unveiling A Serial Dividend Increaser Paying Monthly [View article]
    Clayton we have held SJR since April 2012. I think it would be better known if it was on David Fish's CCC listing. However, due to the decline on the C$ versus the US$ it doesn't show growing dividends. Through various purchases the average cost is about $20. Also, may SA readers are put off by the Canadian tax withholding which does not apply to IRAs. I have about 1/2 of a position and plan on holding longer.

    Bikerguy
    Jan 20, 2015. 05:19 PM | 2 Likes Like |Link to Comment
  • Realty Income Corp: Why Now's A Good Time To Sell [View article]
    user your lever did not get any longer. Yes, you own twice as many shares but so does everyone else. Your ownership percentage has not changed as a result of the stock split. Both the share value and the dividend per share will be cut in half so that you have the same value and income stream. That to me doesn't sound like an increase in your "lever." Additionally, a long lever will not allow you to move the world, you also need a fulcrum and you do not have that either with a stock split.

    Bikerguy not long O
    Jan 18, 2015. 09:52 AM | 3 Likes Like |Link to Comment
  • Recent Buy: Unilever [View article]
    AKing- First revenue is not reported on the balance sheet. The income statement is where you will find revenue, cost of sales, expenses and net income. Second, in the footnotes you will find geographic segment reporting. It may not be country by country though.

    Perhaps you should read the annual reports and especially the financial statements including all of the footnotes. However, they can be very complex so you may need an accounting primer as well.

    Bikerguy
    Jan 16, 2015. 09:11 AM | Likes Like |Link to Comment
  • Recent Buy: Unilever [View article]
    r_bart as a US citizen I hold UN in my taxable account. UN has a slightly higher yield than UL and the Dutch tax withheld is an offset on my federal income taxes. If I held Unilever in a tax deferred account I would hold UL. On most web sites the dividend and yield for UN reflect the net of withholding tax so that the yield and dividend appear to be less than the UL dividend and yield.
    Dec 29, 2014. 09:00 AM | Likes Like |Link to Comment
  • Recent Buy: Unilever [View article]
    Like you I recently doubled up on BBL to about 1/2 a full position and I have a full position of UL (I started accumulating it about 3 years ago) and a recently acquired 3/4 position in OKS. I think the last few weeks have been a good buying opportunity for OKE and OKS. BBL at 5+% yield is good hard to pass. I may sell an over position in KMI and add to OKS and/or OKE.

    Best of luck in the new year.
    Dec 28, 2014. 02:36 PM | 3 Likes Like |Link to Comment
  • An Iron Mountain Blueprint For Dividend Investors [View article]
    Brad, as usual, a very interesting and well written article. However, you state that racking is depreciated over 39-40 years. This may be true for tax purposes; however, according to the 2013 10-K the GAAP depreciation is from 1-20 years. I also, reviewed the 9/30/14 10-Q and did not see any mention of a change in depreciation lives for racking or any other depreciable asset.
    Dec 15, 2014. 09:58 AM | Likes Like |Link to Comment
  • Retirement Strategy: I Will Not Follow The Herd, Will You? [View article]
    RS I have disagreed with you in the past. However, this time I could not agree more-Stay the Course. I retired in 2008 and watched our portfolio decline in value, but not the income. I watched and worried but rather than selling I used some spare cash to buy some MLPs in late 2008. By not selling and doing limited selective buying our portfolio is substantially higher than it was before the recession and crash. Additionally, our income is much higher as well. I have selectively bought an MLP again and will continue to invest should the market continue to decline.
    Dec 14, 2014. 08:50 AM | 5 Likes Like |Link to Comment
  • Kinder Morgan: Richard Kinder To Hand Over CEO Role [View article]
    UP no complaining about having to pay taxes on your gains? I doubt that many will miss your complaints about RK and the transaction. Bye
    Dec 12, 2014. 08:15 AM | 20 Likes Like |Link to Comment
  • Recent Buy: ONEOK [View article]
    I started buying OKS a few weeks ago (bad timing) and bought more today. I may buy OKE in a tax deferred account. Like the growth of distributions even after the IDR. Also, medium term tax deferral on the distributions is a nice plus. K-1's don't bother me.
    Dec 11, 2014. 05:27 PM | 1 Like Like |Link to Comment
  • The Pillars Of Dividend Growth Investing [View article]
    student, I have been retired for 7 years. My income policy is that I reinvest all income in my tax deferred accounts either into short/intermediate debt (2-5 years) or purchase shares of one of my holdings I rarely drip. In the taxable account we use the income as part of our spending. I accumulate excess cash and invest it periodically. I am not a fan of indiscriminant dripping since it can result in many times of buying very high.

    Bikerguy
    Dec 10, 2014. 10:37 AM | Likes Like |Link to Comment
  • Kinder Morgan: Don't Throw Out The Baby With The Bathwater [View article]
    Baseball I started looking at and buying OKS at $51. I see it as a yield play similar to my KMP. I continued buying in the mid $40 and will buy more once it seems to stabilize. As a pipeline company the drop seems very overblown. Moderate but soon to be growing position in OKS and considering OKE for IRA. Very long KMI as a result of the merger (largest individual position at 9%).
    Nov 29, 2014. 01:57 PM | 6 Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    Charlie - 1) if you own either KMP or EPB you will have ordinary income and capital gain or loss, it is spelled out in the document explaining the transaction. 2) your election of all stock is subject to proration based upon what other holders elected so you will probably not get all stock and probably very close to the shown as option 2 in the documents.

    Long KMP and EPB
    Nov 23, 2014. 05:49 PM | Likes Like |Link to Comment
COMMENTS STATS
329 Comments
552 Likes