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Ed Bickford, CPA

Ed Bickford, CPA
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  • CVR Refining Offers Huge Distribution [View article]
    I guess if you have plenty of money to give the government that's a good approach. Not for me but whatever works for you.
    Aug 3 04:12 PM | Likes Like |Link to Comment
  • 5 Highest Analyst Rated Infrastructure MLPs [View article]
    icy - If you buy the right MLP's you will make more than you will with the index. I own several in a tax deferred account but I am ok with the tax requirements. I also own KYN which issues a 1099 for dividends as opposed to a K1. It's a closed end fund with a 5.9% yield and it is up about 24% over the last year.
    May 26 09:51 AM | Likes Like |Link to Comment
  • Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
    Dave,

    I'd be interested in your thoughts about OHI. I bought it last November (after Brad recommended it) and sold it a few days ago when it was $38.24. Nice gain of 65.5% in 6 months. Since then it's dropped to about $34 and I'm considering buying it back. What are your thoughts on OHI going forward?
    May 25 09:12 AM | Likes Like |Link to Comment
  • American Capital Agency: Not A Terrible Q1, But The Dividend Is Still Not Sustainable [View article]
    This morning AGNC is trading below $28. I'm wondering if it is time to get back in or do you think it can drop further?
    May 23 10:23 AM | Likes Like |Link to Comment
  • Optimizing Triple Net Lease REIT Investment: Time To Sell Realty Income [View article]
    Dane, - Excellent analysis. I looked at O a few weeks ago after reading what Brad had said about and came to the conclusion that is was overvalued. Good investment but I think I'll wait for a pullback.
    May 14 01:41 PM | Likes Like |Link to Comment
  • American Capital Agency: Not A Terrible Q1, But The Dividend Is Still Not Sustainable [View article]
    I don't know how much the price could drop. I do think it will drop further from where it is. When it does I will look at getting back in. Do you think they might do another secondary?
    May 7 03:30 PM | Likes Like |Link to Comment
  • American Capital Agency: Not A Terrible Q1, But The Dividend Is Still Not Sustainable [View article]
    Dane - I don't think it will happen this year. Scott is correct in his explanation of the 90% rule. I agree with you that the timing of the dividend cut is not the major issue, it is the sustainability of the dividend and the decrease in NAV that will occur by maintaining that dividend that are more important. It will be interesting to see what Kain does in the next few quarters. Even though the dividend may be paid the rest of the year the price could drop by more than the dividend rate so I will watch it for a while and come back in if and when the price drops. I decided to take my gains and sold my position this morning. Thanks for the good article.
    May 7 10:15 AM | 3 Likes Like |Link to Comment
  • American Capital Agency: Not A Terrible Q1, But The Dividend Is Still Not Sustainable [View article]
    When do you think they will cut the dividend?
    May 6 05:26 PM | Likes Like |Link to Comment
  • Aviv REIT: Attractive Roll-up Opportunity In The Healthcare REIT Sector [View article]
    I bought AVIV a few days after the IPO in March. It is up 19% since then. They are scheduled to report earnings on Tuesday May 7 so hopefully there will soon be a dividend announcement. As far as I know they have yet to pay a dividend since going public.
    In his article written on April 3, Dane lists AVIV's dividend at 5.9% but i'm not sure how he calculated that.
    At that rate it would be comparable to OHI which I also own and is up 44% YTD.
    May 4 07:00 PM | Likes Like |Link to Comment
  • American Capital Agency Is Still A Buy And Hold [View article]
    Great day to add my position. I've held AGNC for about 2 years now and see the current price as an opportunity to increase my overall portfolio yield. Once the panic sellers are done and everyone realizes the dividend will stay at the same level for the rest of the year the price should begin to work its way back up.
    May 3 01:53 PM | Likes Like |Link to Comment
  • 4 REITs To Consider And 4 To Avoid [View article]
    WmHilger1 - I like your tenacity, my investment style is similar to yours and I hope at 82 I'm able to do as well as you are. I'd love to see that list of REIT's you hold.
    Apr 27 12:53 PM | Likes Like |Link to Comment
  • Don't Get Suckered By This Popular High-Yield Investment [View article]
    David - Well done! What are you buying now?
    Apr 27 12:42 PM | Likes Like |Link to Comment
  • Team Alpha Retirement Portfolio: Impressive Returns Plus Impressive Dividend Hikes [View article]
    TAS - I hold both of them as well and will continue to hold them. For me they are worth the little extra work.
    Regarded Solutions gave you good advice: "...not let that distract from a sound investment."
    Apr 27 12:16 PM | 1 Like Like |Link to Comment
  • Waiting Patiently For A Blue Chip REIT Pullback [View article]
    Brad - Looking at O I see it's P/FFO is currently 21.2 which is 54% above its normal P/FFO of 13.7%. OHI is 15.8 which is 36% above its normal of 11.6. Is there enough difference in the risk to make O a better choice?
    Just to be clear I'm not questioning your opinion just trying to understand how to quantify it.
    Apr 27 11:58 AM | 2 Likes Like |Link to Comment
  • MLPs -- Part 7: MLP Investor Taxation [View article]
    I think you missed my point entirely. I fail to see how what you invest your IRA or 401K money in will ever result in an audit of your individual tax return.
    Apr 27 11:18 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
231 Comments
154 Likes