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Contraria2

Contraria2
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  • 2 Years Of Dividend Growth Investing - 10 Lessons I Have Learned [View article]
    303,

    You took the wrong turn at the fork. Yahoo (message boards) is to the left.
    Sep 10, 2014. 04:08 PM | 3 Likes Like |Link to Comment
  • Dividend Growth Alchemy For The Active Retired Investor [View article]
    Nice move.

    For me that's too much work. I'm in the set it and forget it camp.

    Also there's no proof that trading in and out of stocks like that, even for dividend capture, works out better in the long run, then dripping into the same stock.
    Sep 9, 2014. 07:13 PM | 9 Likes Like |Link to Comment
  • Retirement Mistakes And Investment Solutions [View article]
    "and found them all to mostly fluff."

    How much is there to write about investing? If they wrote the truth, "buy quality stocks, and hold for the rest of your life..." there'd be no reason for anymore magazines.

    Money magazine, in my opinion, is extraordinarily, painfully boring and almost useless for practical investing.

    Great article.
    Sep 5, 2014. 05:56 PM | Likes Like |Link to Comment
  • History Lessons: Surviving A Recession, Tuning Out Noise And Moving Beyond Mistakes [View article]
    VZ dividend hike 3.8%

    Slow and steady....
    Sep 4, 2014. 03:34 PM | Likes Like |Link to Comment
  • BofA cut, JPMorgan raised, Citi still top pick at Nomura [View news story]
    Guess they want to buy BAC at lower prices.
    Sep 3, 2014. 07:59 AM | 3 Likes Like |Link to Comment
  • AT&T And Consolidated Edison A 'Tell' Of 2 Champions: Part 3 [View article]
    Giorgio,

    LOL!
    Sep 3, 2014. 12:15 AM | Likes Like |Link to Comment
  • Maybe You Shouldn't Pay Off Your Mortgage [View article]
    Locutus,

    "MrVincent, that was my thinking. Everyone was tell me that we could make so much more with our money investing in stocks and bonds over the years, but that is an unknown amount. Our debt was known. We paid it off."

    I agree.

    It really boils down to personality. Some people can be in debt, even "good" debt, and function fine. Others break into a sweat every time they think about (even just) their mortgage. Personally I am aggressively striving to pay off my mortgage and then use that monthly payment to increase my investments.

    The feeling of owning your home outright, and worrying only about taxes and insurance, is worth (to me, at least) a lot more, in peace of mind, than possible investment returns.
    Sep 2, 2014. 10:27 PM | 2 Likes Like |Link to Comment
  • Maybe You Shouldn't Pay Off Your Mortgage [View article]
    Hi B&H

    This is what I meant by "pedestrian:

    Had one invested $400,000, in 1972, here's what would have happened:

    MO (today's value) $344,640,000.00

    IBM $11,378,698.22

    GE $28,866,666.67

    PG $35,746,236.56

    MRK $42,182,456.14

    JNJ $39,516,190.48

    PFE $43,540,740.74

    XOM $120,557,575.76

    ED $62,583,783.78

    KO $40,702,439.02

    PEP $69,803,773.58

    LLY $19,708,527.13

    DOW $19,125,000.00

    CVX $45,026,086.96

    (Source - Longrundata.com)
    Sep 2, 2014. 10:15 PM | 2 Likes Like |Link to Comment
  • Maybe You Shouldn't Pay Off Your Mortgage [View article]
    B&H

    Are you saying his $400,000 turned into $10,000,000? Or just the property alone is worth 10m?

    $400,000 to $10m over a 42 year period seems like a "pedestrian" return. Particularly "these last" 42 years
    Sep 2, 2014. 11:32 AM | Likes Like |Link to Comment
  • Philip Morris: Looking Forward To A Likely Dividend Hike [View article]
    September 10th (as per their website.)

    I predict $4.02
    Sep 2, 2014. 12:05 AM | 1 Like Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    Mike,

    The only reason I keep SDRL is because I already own it, it serves a specific purpose (I actually use the dividends to pay a monthly expense,) and it's a very small percentage of my holdings.

    When the market eventually has a meltdown I will probably spend most of the money adding to existing positions and the rest divide between growth and new dgi stocks.

    If we're talking a serious correction instead of wasting too much time deciding which growth stock(s) to buy, I'd probably just do it through 1 or 2 etf's. But the main focus will be adding to existing positions on sale.
    Aug 24, 2014. 09:21 PM | Likes Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    ‎Chowder,

    I respect your opinions an‎d agree with practically all your comments. But I think I disagree with this move. (I know, who am i, and why should you care what I think?)

    If you're selling SDRL to raise cash and wait for a better buying opportunity I get it. But to sell SDRL, which ‎has not disappointed with the dividend payments and hikes, over the past few years; *now* doesn't seem to make sense.

    Also you mentioned possibly buying HD (or GILD etc). These stocks have increased tremendously over the past few years. I actually sold half the HD position, for someone's accou‎nt I manage, on Thursday. Bought it for $21.

    Why would you or anyone speculate at this point? I know your philosophy of buying at highs, but this particular sell/buy doesn't make sense.

    I'm not at all advising you what to do, just wondering out (very) loud.

    General statement: I know Chuck wrote an article about GILD recently. Now it seems it has been added onto many people's "watch" lists. ‎Are we that starving for new stocks in our portfolio? More importantly, at these prices?

    This teaches me we must make our **own** decisions and not rely on anyone else's. Sure others can give us an outline and some guidance, ‎ultimately, though, it's your money. If someone (here) lead you astray, you lose. He/she doesn't care and will not reimburse you. (As Mike likes to say.)

    One more thing: I truly believe people forgot what 2009 felt like. And how fast it happened.

    Disclosure: I own SDRL and have no immediate plans of selling. I would buy GILD and any other 'growth' stock if the market tanks. Now it's nibble time (only quality on dips), for me.
    Aug 24, 2014. 07:11 PM | 1 Like Like |Link to Comment
  • Dividend Champions: 7 Increases Expected By Halloween [View article]
    Indeed.

    As the first line above states: "Altria leads the way."
    Aug 21, 2014. 04:52 PM | 2 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    "Dividends: Who needs viagra?"
    Aug 21, 2014. 03:24 PM | 4 Likes Like |Link to Comment
  • 2 Key Tests For The True Dividend Growth Investor [View article]
    What does it mean "first sign of trouble?" When should one (who intends to sell,) sell?

    In 1997 and 98 there were very short periods of market drops and panic selling. ‎All those who sold regretted it, and possibly panic re-bought higher than they sold, as not to "miss out" on the next bull stretch. Ultimately in March 2000 the party ended. 

    But the stocks that went to zero (or pennies) were the ones which should never have gone public to begin with. It was one huge hype fest. 

    In 09 practically all the companies that went bust were financials. And many were politically motivated. Any investor in banks who was a card carrying DGI would most likely have sold their banks long before the precipitous drop.

    As the years go by, we all make tweaks to our plan. Whether stocks, wisdom, circumstances, experience ‎cause this, we make changes.

    My experience-based change is: I won't buy a trendy or super hyped stock. The riskier the stock the more one necessarily has to worry about a blow up.

    Today my risky investments are high yield‎ stocks. You already know which ones.

    When you say, "I would never want it to happen again," theres nothing to argue about - no one wants that. But put yourself back in the February 2009 scenario again. Staring at a bright red screen. Your life savings going to pot. All your dreams and hopes disappearing right there in front of you. 

    Only if you owned high flyers and junk. Banks were clearly being totally irresponsible. Who didn't know that?

    But if your portfolio is full of proven blue chips, the red on the screen evokes a whole different emotion. "I'm going to be rich.." (Even if one or two go bust.)

    For the record - I only had one stock ever go to zero. And that was with a RIA who was managing some of my money. Never again. ‎
    Aug 19, 2014. 02:30 PM | 1 Like Like |Link to Comment
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