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Big Thunder

Big Thunder
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  • What Happens To Dividend Growth Investing When Inflation Hits 10% [View article]
    "The men write articles and talk about this on a daily basis, but the women (the few that I see here and there) mostly stay behind the scenes, seemingly disinterested."

    It's hard to know who's lurking, and it can be hard to know what gender is behind an ambiguous pseudonym (like Big Thunder, for instance!). Without knowing who's out there and why they don't comment or write, one can only make vague guesses like "Finance and business are still largely male-dominated realms".

    Outside of SA, in "real life", I can probably count on one hand how many men or women I know who have brought up the subject of investing in casual conversation. My guess is that many people just invest in a handful of index funds, and it isn't much fodder for conversation.
    Feb 5, 2014. 01:48 PM | 4 Likes Like |Link to Comment
  • What Happens To Dividend Growth Investing When Inflation Hits 10% [View article]
    Eddie, your research addresses an important question; thank you for the work you put into this. Your findings are very encouraging, and they point to yet another reason to build a core around companies that have a shareholder-friendly approach to the dividend.
    Feb 5, 2014. 07:35 AM | 9 Likes Like |Link to Comment
  • Dividend Champions For February 2014 [View article]
    Mr. Fish, thanks very much for the work you do to keep identifying potential new additions to the list. The increasing number of Near Challengers and additions to the Challengers list are both terrific to see.
    Feb 3, 2014. 10:39 AM | Likes Like |Link to Comment
  • Dividend Growth Investing: Myths 16-20 [View article]
    "Every statement I have seen that says that you are in the same position after selling a few shares implicitly includes the premise that the market reprices the shares upwards."

    Yes, absolutely. *Of course* price movement upward would fill in the gap created by having sold shares -- but price movement downward would widen it, and if an investor has to sell when prices across the board are down significantly, will he/she ever be able to recover from it?

    And what's at stake? Oh, only the prospect of running out of money at a point in life when earning more is very likely out of the question, when financial security holds possibly the greatest importance of your entire life. This is pretty much the entire reason I would rather rely on increasing dividend income.
    Jan 29, 2014. 07:01 AM | 4 Likes Like |Link to Comment
  • The Only Reason For Automatic Dividend Reinvestment [View article]
    snoopy44 -- Sorry for not being clear; by "drip", I just meant "reinvest the dividend", as Alex explained.
    Jan 28, 2014. 10:43 PM | Likes Like |Link to Comment
  • Dividend Growth Investing: Myths 16-20 [View article]
    aterosin, I agree with BHN that your brokerage might have research resources available. I also often suggest to people that they check whether their local library offers free access to Morningstar, Value Line, or S&P -- mine offers all 3, and all I had to do was establish an online account.

    As chowder has pointed out, you can get a company's credit rating for free from the Morningstar site. Type in the company's ticker, then go to the "Bonds" tab and look for the credit rating above the pie charts.
    Jan 28, 2014. 05:36 PM | 1 Like Like |Link to Comment
  • The Only Reason For Automatic Dividend Reinvestment [View article]
    I use TurboTax, which allows me to download information from my brokerage. The calculations are all done automatically. So for me, calculating cost basis in the event of a sale isn't a concern. Right now I drip everything, but I think when my quarterly dividends totals start to get high, I might switch over to accumulating and combining with fresh cash.

    I use 2 brokerages -- Fidelity for stocks in the 401K, and USAA for the taxable account. I happen to hold some of the same companies in both, and I'm keeping track of which brokerage is more likely to drip at an advantageous price. Across 44 instances (so far) of the same stock being dripped in each account, Fidelity is dripping at a price that averages $.46/share less than USAA. It's amazing how different it can be. For instance, on 8/15/13, Fidelity dripped AAPL for me at 476.55, while USAA dripped it at 496.11.
    Jan 28, 2014. 05:21 PM | 3 Likes Like |Link to Comment
  • Are You Really Ready To Retire? [View article]
    "5 yrs of cash takes plenty of worry out of the mix. :)"

    RS, do you keep the cash in a savings account or in a CD ladder? (or both?)
    Jan 26, 2014. 09:06 AM | Likes Like |Link to Comment
  • Coca-Cola Yields 3% And Everyone Should Know It [View article]
    I agree with Eli. If one buys shares of KO right now, the first dividend those shares will generate is the next one coming, which all anticipate will be raised from current.

    Whenever I buy a stock, I record the yield at which I bought it. If I bought before the dividend announcement and the dividend is expected to increase the next time around, I wait to learn what the new dividend will be before I record the yield.
    Jan 24, 2014. 04:10 PM | 1 Like Like |Link to Comment
  • Snowball Down A Hill: My Dividend Growth Portfolio 2013-2014 Report [View article]
    Nice progress! Dave, I'm enjoying your book. Good stuff.
    Jan 23, 2014. 02:03 PM | 2 Likes Like |Link to Comment
  • Dave Van Knapp Positions For 2014: The Best Dividend Growth Stocks Will Pay Out More This Year [View article]
    Inz, could it be this one? "My 5 Points For Managing My Retirement Investing Behavior", published May 20, 2013.
    Jan 21, 2014. 10:20 PM | 1 Like Like |Link to Comment
  • Stocks For 2014: Growth And Income Part 3 [View article]
    The growth and income stocks must be right up my alley because I own 9 of the companies mentioned! Thanks Chuck for this enlightening series.
    Jan 21, 2014. 10:09 PM | 1 Like Like |Link to Comment
  • Shed Some Tiers Over Your Income Portfolio [View article]
    "Right now, I'm looking at an 8% loss. I need to sit down over the weekend and think about how much lower am I willing to let it go."

    Mike, do you feel that this data breach marks the end of TGT's DG story? That's the question I consider the key one if TGT is part of one's DG strategy; bad things happen to good companies, but whether the bad thing is something that will ultimately harm the company's ability to safely and solidly continue paying an increasing dividend is the concern. TGT has a decades-long DG record, and corporate leadership has specifically expressed in word and deed its commitment to the dividend. Is the data breach enough to put an end to its DG record? Was TGT uniquely vulnerable to this kind of attack; did they respond in a way that disrespected their customers; do they seem uniquely vulnerable to this kind of attack going forward?

    Maybe I'm being too sanguine, but I feel like this is a risk that one takes in holding any company that takes credit/debit cards from consumers -- TGT, WAG, WMT, and all the rest. It has happened in the past, it is happening today, and it will happen in the future. It sucks when you're going through it, and then it gets dealt with, and then everyone moves on.

    fwiw, I'm one of the people affected by the breach; so far both TGT and my credit card company have said and done all the things I want to see, and there hasn't been any fraudulent activity on this credit card account or in anything else on my credit report. Keeping my eye on it, of course.
    Jan 19, 2014. 08:57 AM | 2 Likes Like |Link to Comment
  • Stocks For 2014: Something For Everyone: Part 1 [View article]
    Chuck, whenever I see that you've posted an article, everything else gets put on hold. I'm very much looking forward to this series! Thank you once again for the lessons you impart here on SA.
    Jan 11, 2014. 09:18 AM | 1 Like Like |Link to Comment
  • Dave Van Knapp Positions For 2014: The Best Dividend Growth Stocks Will Pay Out More This Year [View article]
    Very nice, DVK. I always welcome hearing your thoughts and perspectives and have learned an enormous amount from you over the past 2 years. You bring a level-headed look at things that I really appreciate.

    As you probably know, there are a couple of comment streams going on right now discussing whether dividends matter. I think we know where you stand on that question!
    Jan 10, 2014. 09:14 AM | 1 Like Like |Link to Comment