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Rudester

Rudester
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  • What Will Be The Impact Of Consolidation On KMP Unitholders? [View article]
    Jamas,

    If you have been reinvesting the distributions into buying more units for most of that time, you shouldn't get a big tax bite. Your capital account decreases due to the distributions, but since you reinvested the distributions, the amounts get added back into your capital account.
    Sep 21 11:55 AM | Likes Like |Link to Comment
  • Ensco Plc: Complete Fleet Status Analysis As Of September 16 And Commentary [View article]
    I started a position in ESV a couple of weeks ago and am letting the nice fat dividend do the compounding for me.
    Sep 21 11:49 AM | Likes Like |Link to Comment
  • McDonald's: What To Do About A Stagnating Long Position [View article]
    MS,

    You never mentioned in your article the reason you bought MCD in the first place. Did you buy it for capital appreciation, or did you buy it for the income stream it generates?

    If the former, you may want to look at selling it and collecting your long term capital gains. If the latter, congratulations on an excellent choice.
    Sep 21 11:24 AM | 1 Like Like |Link to Comment
  • Why You Should Sell Bristol-Myers Squibb And Buy Johnson & Johnson Instead [View article]
    "The major takeaway here is that Bristol-Myers Squibb is far too richly valued for investors to jump in right now. It holds a very speculative valuation that sets up investors for poor returns going forward. On the other hand, Johnson & Johnson is much more modestly valued,..."

    For what is worth, Morningstar gives BMY 3 stars and JNJ 2 stars. The valuation implication is the opposite of yours.
    Sep 20 11:59 AM | Likes Like |Link to Comment
  • Boeing Is The Top Dividend Stock In The Aerospace & Defense Industry [View article]
    The decision of BA over LMT seems highly contrived. They are both excellent companies.

    From a dividend income point of view, $129 will get me $2.92 of dividends with BA, while that same amount of invested capital gets me $3.80 with LMT.
    Sep 20 11:47 AM | 3 Likes Like |Link to Comment
  • What You Need To Know About 'Strategic Beta' [View article]
    In 20 words or less, can you define "strategic beta"?
    Sep 19 09:41 PM | Likes Like |Link to Comment
  • McDonald's: I'm Buyin' It! [View article]
    All McDonald's needs is a new CEO.
    Sep 19 09:38 PM | Likes Like |Link to Comment
  • How A Dividend Growth Investor Can Cope With Risk [View article]
    Fantastic reading David, thanks.
    Sep 19 09:27 PM | 2 Likes Like |Link to Comment
  • Surviving A Worst-Case Scenario To Become A Dividend Growth Investor [View article]
    @Mike,

    "Definitely. I have respectfully asked some of these folks to tell us what they did in 2008-09 and what they would do differently if given another chance today. So far, none have taken me up on the offer."

    Ok, I'll bite.

    I was the luckiest guy in the world. In 2008 I took early retirement from the company I was working for and put my Silicon Valley home for sale, literally two week before the bubble burst. Getting the house ready and arranging our move to SoCal was taking too much time, so I didn't have any time to deal with the funds transferred from my 401K to my roll over IRA. I spent a grand total of a couple of hours to –astutely in retrospect (ha!)– put them in a CD ladder. Same when the house sold and we closed escrow. By the time we moved to our new house in SoCal, the worst was over and some of the CDs started maturing. In short, I was one very lucky puppy.
    Sep 19 09:14 PM | 3 Likes Like |Link to Comment
  • McDonald's Only Looks Good For Yield [View article]
    All McDonald's needs is a new CEO. Then watch out!
    Sep 19 09:00 PM | 5 Likes Like |Link to Comment
  • Cramer's Mad Money - If You Don't Like Alibaba, Don't Buy It (9/18/14) [View article]
    Cramer is a joke.
    Sep 19 12:17 PM | 2 Likes Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? - Part 3 [View article]
    Bob,

    Another great article in the series.

    I've been following you since your first article and I can say that you have shown great growth in your investment abilities. Keep it up and I will ask you to manage my portfolio so I can go on an extended vacation. :-)
    Sep 19 12:14 PM | 3 Likes Like |Link to Comment
  • Surviving A Worst-Case Scenario To Become A Dividend Growth Investor [View article]
    David,

    "How many stocks do you own in your own portfolio?"

    Right now I have 35 across my IRA and brokerage accounts. Used to be 32, but over the past couple of months I initiated 3 new positions (TGT, TUP & ESV) which will hopefully appreciate while I reinvest their dividends.

    "I think the portfolio of 30-50 stocks is a nest egg that is diversified, don't you?"

    Yes, you can think of it as one nest egg, or –in an attempt at cuteness– as many eggs placed in different nests.

    I didn't mean to criticize Mike in my above statement, I was reinforcing the importance of staying diversified and not letting any one holding become too large a piece of the portfolio.
    Sep 19 11:55 AM | 5 Likes Like |Link to Comment
  • Surviving A Worst-Case Scenario To Become A Dividend Growth Investor [View article]
    Mike,

    "...but the combination of my buy-and-hold determination and my dividend-reinvesting addiction simply wouldn't let my GE position come out negatively over the long term."

    True enough. But, had you been a retired DGI investor who had graduated from the accumulation phase to living from the dividends, the dividend cut could have been devastating. Ergo, spread your retirement savings egg amongst many nests so the failure of one nest doesn't ruin your golden years.
    Sep 18 10:50 PM | 9 Likes Like |Link to Comment
  • Seeking High-Quality Companies With Sales And Dividend Growth, And A Reasonable Price [View article]
    Thanks Rose.

    Although I stick to the "tried and true" DGI stocks, I do reserve the right to "explore". Makes things interesting.
    Sep 18 06:23 PM | Likes Like |Link to Comment
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