Not All Dividend Increases Are The Same: 2 Dividend Trends That Can Make A Difference [View article]
Dividend growth rates and pay-out ratios are, of course, very important. But companies can't increase their dividends for very long unless the business is growing, ie, revenue, net income, EPS, etc. I try to focus my attention on stocks that are yielding a decent amount (at least 2.5%) and that have a track record of growing the business.
3 Healthcare REITs With Mispriced Risk [View article]
Brad, your note of caution is an excellent reminder! Thanks to you I have nice gains in HTA, O (ARCT) and STAG; and big gains in MPW and OHI. My largest REIT positions are HCN-PI, LXP and MAA (owned for 20+ years). I'm eager to read your upcoming posts.
Your Bond Allocation For 2013: It's Time To Lower Your Risk [View article]
Agree that we should be careful. But sometimes the FED changes its mind or circumstances change. Hitting the peak of bond prices is just as impossible as predicting the bottom of stock prices. Changing allocations is very reasonable, in my view.
Your Bond Allocation For 2013: It's Time To Lower Your Risk [View article]
Maybe this view will help. Most bond funds have a niche--intermediate investment grade corporate bonds for example. In addition, these funds generally keep their durations within a small band. A fund may have a duration of five years today; five years from now it will still have a duration of five years as it trades its portfolio to stay within its niche. If you do the same thing with your portfolio of individual bonds, your portfolio will perform in line with the bond fund. What Bob Johnson is suggesting, and what I have done over the past year, is to lower your exposure to bonds and to shorten your portfolio's duration, which is another way to lower exposure to bonds.
The Market Is Advancing: Is It Time To Sell? [View article]
Great posting. Generally, my sense of when to sell is simply when the investment no longer meets my minimum return expectations. I take into account the after-tax proceeds if it's in a taxable account. In addition, if the investment has appreciated such that it now exceed my concentration limit, which is now 5%.
Forecasting Future Earnings Is The Key To Successful Stock Investing: Analyst Estimates Are A Starting Point [View article]
Excellent article. Thank you. Of course analysts' estimates of EPS beyond the current and next quarter will almost always be wrong. The companies don't know what they are going to make in 2014--how can they? Knowing that we can use analysts' estimates and company guidance as just that-guidance. The trend, the order of magnitude, recent changes, etc. all help us get a sense of what is likely. And then we diversify.
2 Stocks To Buy, 2 Stocks To Sell, What's Next For The Market [View article]
I'm long JPM. The current dividend pay-out ratio is just 22% on 2013's estimated EPS of $5.50. The dividend could easily be doubled in four or five years to $2.40 per share
The S&P 500 Is Trading For 17.9x Last Year's Earnings, Not 13.7x Next Year's Earnings [View article]
Trailing earning are important for perspective, but not for buying or selling, in my opinion. Future earnings, revenue, dividends, etc. are what we buy and sell. Analysts almost always overestimate earnings and later revise their estimates downward.
I'm going to take your advice and add to my small position in BBL. Decent dividend and modest growth are my expectations for BBL. Also, diversification is important--I've learned that lesson the hard way. Thank you.
Not All Dividend Increases Are The Same: 2 Dividend Trends That Can Make A Difference [View article]
I try to focus my attention on stocks that are yielding a decent amount (at least 2.5%) and that have a track record of growing the business.
A Method For Weighting Your Dividend Paying Stocks [View article]
Bond Market Review Q1 2013 [View article]
3 Healthcare REITs With Mispriced Risk [View article]
Thanks to you I have nice gains in HTA, O (ARCT) and STAG; and big gains in MPW and OHI. My largest REIT positions are HCN-PI, LXP and MAA (owned for 20+ years).
I'm eager to read your upcoming posts.
Your Bond Allocation For 2013: It's Time To Lower Your Risk [View article]
Your Bond Allocation For 2013: It's Time To Lower Your Risk [View article]
these funds generally keep their durations within a small band. A fund may have a duration of five years today; five years from now it will still have a duration of five years as it trades its portfolio to stay within its niche. If you do the same thing with your portfolio of individual bonds, your portfolio will perform in line with the bond fund. What Bob Johnson is suggesting, and what I have done over the past year, is to lower your exposure to bonds and to shorten your portfolio's duration, which is another way to lower exposure to bonds.
The Market Is Advancing: Is It Time To Sell? [View article]
Generally, my sense of when to sell is simply when the investment no longer meets my minimum return expectations. I take into account the after-tax proceeds if it's in a taxable account. In addition, if the investment has appreciated such that it now exceed my concentration limit, which is now 5%.
Forecasting Future Earnings Is The Key To Successful Stock Investing: Analyst Estimates Are A Starting Point [View article]
Of course analysts' estimates of EPS beyond the current and next quarter will almost always be wrong. The companies don't know what they are going to make in 2014--how can they? Knowing that we can use analysts' estimates and company guidance as just that-guidance. The trend, the order of magnitude, recent changes, etc. all help us get a sense of what is likely. And then we diversify.
33 Favorite Equity Income Stocks Of 6 Top Actively Managed Rated Equity Income Funds [View article]
2 Stocks To Buy, 2 Stocks To Sell, What's Next For The Market [View article]
Analyzing Earnings Estimates For The Dow Jones Industrials Average At Its Record High [View article]
The S&P 500 Is Trading For 17.9x Last Year's Earnings, Not 13.7x Next Year's Earnings [View article]
Dividend Champions Smackdown XXXVI [View article]
Vale Misses Badly, Cuts Dividend On Massive Quarterly Losses [View article]
Also, diversification is important--I've learned that lesson the hard way. Thank you.
The Dividend Aristocrats: Where Have All The Bargains Gone? [View article]