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Ed Bickford, CPA

Ed Bickford, CPA
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  • Retirement Strategy: When In Doubt, Have Some T [View article]
    That's why I sold the $35.5, less chance of being called away. 1 month out it sells for about .38, less than the dividend but can be sold 12 times a year.
    Aug 27, 2015. 09:50 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: When In Doubt, Have Some T [View article]
    T is a great stock, both for the dividend and selling calls against. I usually sell calls against mine as well but I don't go out so far. Selling them about one month out lessens the chance of being called away and the premium is almost as much as the quarterly dividend. Do that twelve times a year and it's a great return!
    Aug 27, 2015. 04:45 PM | Likes Like |Link to Comment
  • Emotion Vs. Reason: Sell, Buy Or Hold - Recent Examples To Consider [View article]
    Henry - I wanted to initiate a position in DLR and had been debating for a while whether I wanted to buy the common or the Preferred DLR-G. Based on your comments on the preferred and Brad Thomas' comments on the Common I decided to buy them both when they were on sale a couple days ago. Thanks for the advice!
    Aug 27, 2015. 10:27 AM | Likes Like |Link to Comment
  • Recent Buy - Brookfield Infrastructure Partners L.P. [View article]
    It's a Bermuda corporation with offices in Toronto.
    Aug 22, 2015. 07:21 PM | Likes Like |Link to Comment
  • Digital Realty Is A Moat-Worthy REIT Worth Owning [View article]
    Brad - Look forward to reading that article I haven't seen it so I assume it's not out yet?
    Aug 22, 2015. 12:51 PM | Likes Like |Link to Comment
  • Emotion Vs. Reason: Sell, Buy Or Hold - Recent Examples To Consider [View article]
    Henry - Just finished your article and I have to say reading the comments was an "interesting" way to start this weekend. Like you I have watched painfully the last few weeks as stocks fell and it has been hard not to sell. Instead I have buying. I am a couple years away from retirement and have recently been shifting my portfolio from mostly Growth to Income and was researching DLR-G which is what led me to your article. Do you think now is a good time to purchase DLR-G? I like the 6.11% yield and the fact it is selling almost a dollar below the call price.
    Aug 22, 2015. 12:28 PM | Likes Like |Link to Comment
  • Recent Buy - Brookfield Infrastructure Partners L.P. [View article]
    From the investor section of the website:

    "Brookfield Infrastructure Partners L.P. is a Bermuda based limited partnership that is treated as a partnership for U.S. and Canadian tax purposes"

    They are treated as an LP. Also as hja pointed out below they are headquartered in Bermuda not Canada.

    Regarding unrelated business income , here is what they have on the site:
    "Unrelated Business Taxable Income (UBTI)
    Brookfield Infrastructure L.P. currently has access to a revolving credit facility that it does not anticpate using. If the credit facility were utilized by Brookfield Infrastructure L.P. it may generate UBTI. Debt financed UBTI has not been and is not expected to be a material portion of Brookfield Infrastructure Partners' income. UBTI is relevant to U.S. tax exempt entities."
    Aug 21, 2015. 12:26 AM | 1 Like Like |Link to Comment
  • Recent Buy - Brookfield Infrastructure Partners L.P. [View article]
    wdjax0n - Canada does not apply withholding taxes on dividends paid by Canadian corporations to US investors holding stocks in their retirement accounts such as IRAs. This is due to a special exemption in the tax treaty between the two countries.
    Some brokers mistakenly withhold the tax and it can be difficult to get back. You may want to check with your broker.
    Aug 20, 2015. 07:30 PM | 1 Like Like |Link to Comment
  • Digital Realty Is A Moat-Worthy REIT Worth Owning [View article]
    Good review - as always! What do you think about the new preferred issue as opposed to the common for someone who is nearing retirement?
    Aug 16, 2015. 11:50 AM | Likes Like |Link to Comment
  • Retirement Strategy: Adding A Stock That Acts More Like A Snail But Is A Dividend Champion [View article]
    Just came across this company on Zacks today, it is one of their number 1 income picks. I did a bit of research and decided it would be a good addition. Then I came to SA for confirmation and was glad I found you had added it your portfolio. Excellent article!
    Aug 14, 2015. 07:03 PM | 2 Likes Like |Link to Comment
  • Dividend Funds With Adaptive Allocation Generate More Income Than The Best Dividend Aristocrats [View article]
    The Income and Realty fund is RQI.
    Aug 3, 2015. 11:50 AM | Likes Like |Link to Comment
  • Dividend Funds With Adaptive Allocation Generate More Income Than The Best Dividend Aristocrats [View article]
    Toma - Very interesting article which received the comments I expected after I read it. Proper asset allocation is important even it means owning more oranges than apples. As one who is about 3 years away from retiring I have begun shifting from a capital appreciation approach to a sustainable income approach.
    What is your opinion of using Closed End Funds for the adaptive allocation approach as opposed to ETF's? One I have recently bought is Cohen & Steers Select Preferred and Income Fund (PSF) which is mostly preferred stocks, pays monthly dividends and currently yields 8.5%. It is currently selling about 13% below NAV. Another Cohen and Steers fund I am considering is the Income and Realty fund which yields 8.43% and is selling at at a 10% discount to NAV. It is invested primarily in REITS and recently raised it's dividend 26%.
    Aug 1, 2015. 10:38 AM | 1 Like Like |Link to Comment
  • A 2015 Review Of The Dividend Safety Superstars [View article]
    Yes, Bob, I'm sorry I was asking about T.
    Jul 31, 2015. 03:25 PM | Likes Like |Link to Comment
  • A 2015 Review Of The Dividend Safety Superstars [View article]
    Bob - I admire your diligence in building such an impressive portfolio. Have you looked at ATT as a stock to add to your portfolio with it's 5.42% yield? I'd be interested in your views on it as a long term holding for income.
    Jul 31, 2015. 10:33 AM | Likes Like |Link to Comment
  • I'm Hitting The Brakes On Lithia Motors [View article]
    Since your article came out the stock is up about $9.00 a share as it just continues to increase earnings. I bought their stock in May of 2015 and it's up 53% in that time. I wouldn't be surprised to see them do another acquisition this year. Price targets keep rising, The Street currently has a $147 target. I think you sold a winner.
    Jun 23, 2015. 09:57 PM | Likes Like |Link to Comment
COMMENTS STATS
271 Comments
184 Likes