January 2013 Dividend Champions, Expanded Edition [View article]
In Excel columns can always be "hidden", which allows you to print the file with whatever data you want. Thus, more data is always better and we can always exclude whatever we do not need when printing a file.
That being said, David, thank you for your diligence and support with this file--it is truly a treasure of data.
Should Dividend Investors Care About Entry Price? [View article]
Thanks to all three of you for your insights and strategies (Richjoy and DVK, you can respond or comment to anything anytime as I always gain a lot from what you have to say).
Chowder, your response was especially helpful at is sounds very similar in concept to what Norman Tweed does as well....
I commented in another article that I have recently begin changing how I manage my purchases and DRIP's (i.e. I have eliminated dripping....) I have also begun using limit orders but have found it frustrating how much everything has gone up this year! Anyway, we'll see how this year goes and how comfortable I feel employing this strategy.
I loved Dave Crosetti's article about letting "the puck come to me" but am having a difficult time staying the course of letting prices come to me as I'm 1). Not a patient person 2). Hate the idea of not being fully invested in equities and not able to get more dividends (and enjoy the run-up in capital appreciation).
I will just have to trust that over the long haul purchasing a stock at a price I find of good value will pay off in the long run (while my cash sits there not making anything).
Once again, thanks for all comments and insights. They are much appreciated!
Bill C.
P.S. I've got the Daytona 500 on and P&G is getting a lot of free advertising. The track crews have resorted to using Tide to clean up the track after Montoya's car crashed into the track drying truck.... I'm sure the advertising execs in Cincinnati must be loving this! "Our product is not only good enough to get tough stains out of clothes but it also good for cleaning up jet fuel off a race track!"
Should Dividend Investors Care About Entry Price? [View article]
Chowder--
What a great sub-thread with RichJoy (thanks to both of you!). A question re: your strategy -- Will you continue plowing your dividends back into PM at any price?
I believe your strategy is to always re-invest dividends back into the underlying stock, but re-deploy additional capital and increased positions once you get 2K in money. This being the case, and with PM north of $80, you would hold off on purchasing additional PM shares until the price decreases a bit, but you would still automatically re-invest the dividends back in PM, correct?
If so, this sounds similar to the strategy Norman Tweed implements, and it's helpful for me to understand how all of you are managing your purchases and portfolio management as I continue refining how I manage my purchases....
Dividend Growth Investing: Waiting For The Ball To Come To Me [View article]
Norman, can you kindly clarify what you mean by "drip" your NUE position? Are you saying that every quarter you just re-invest the dividends right back into NUE? If you do drip, are you not concerned with dripping back into NUE positions that would also generate a 4% yield?
I ask the question because I have recently thought about how to re-deploy dividends and manage new purchases. I used to "blindly" drip dividends right back into stock positions, but I am now leaning toward collecting the dividends (along with additional cash) and looking for attractive prices to make new purchases on existing or new stocks.
While there are still plenty of fairly valued stocks now, I am a little surprised with how much the market has sky rocketed this year! I'm trying to learn to be more patient with my stock selections, but I'm constantly tempted to buy whenever I have money to invest vs. waiting for a good opportunity (i.e. strong valuation). I'm trying to learn that it's just as important to receive dividends from the purchase of an attractively valued stock than to just collect dividends from positions that I jumped into without regard for valuation....
Better understanding your methodology will help to mold and strengthen my strategy....
I appreciate your feedback (and anyone else that may have an opinion here as well).
Thank you for the very helpful reply and my apologies for not acknowledging so earlier. Your response and subsequent responses below have further clarified your strategy. Thank you very much and all the best to you and your investments!
Thank you for this article and for laying out your strategy. Overall, I'm trying to educate myself on options trading (esp. covered call staregies).
By placing an ITM call, don't you expect your shares to be called anyway (esp. if the shares stay in the low $30 range)? Or, by placing an ITM call, are you betting the shares will stay above $28 and your calls will simply expire in March?
Thanks again for the article and any assistance you could provide.
Dividend Growth Vs. Fixed Income Challenge, Part 3: Inflation-Busting Dividend Growth Stocks [View article]
I like ADR's as well in my IRA's, but the other thing I have noticed is price fluctuations in the currency. The dividend of my DEO position tends to fluctuate a bit depending on the currency exchange rate between the US and UK.
Overall, it has increased its dividend but that doesn't always reflect that way in dollars after being deposited into my account..... However, it's still nice to have that global diversification (and I'm a big fan of their products!)
Retirement Portfolio For Do It Yourselfers - An Update [View article]
David Crosetti, thank you again for this transparent and open article. I have really appreciated the level of trust you have continued to show in this forum, and your willingness to open up more and more with your personal experiences-- in life, investing, and now your extended family.
Your articles are "must" read, and the work you and Norman are doing to show such detailed real life examples of portfolio construction and management are educational, inspiring, and great examples of how to setup a successful investing portfolio.
Numerous people have thanked you for this, but I just wanted to weigh in as well because these articles (and your comments) are extremely helpful (and that goes for you too, Norman!) ________________________ Unrelated to investing, I have an autographed baseball of your cousin. My grandfather got it from Frank (and numerous other players across two baseballs) in spring training of 1940. It's funny, I considered my old baseball cards and these autographed baseballs as my original "stocks" as a kid. I have 1956 Tops baseball cards of Mickey Mantle, Willie Mays, and Roy Campanella. They don't pay "dividends" but it's fun to pull them out and look at them every now and then. Thanks, again!
Retirement Stocks For Those Under 50 Years Old And Those Over 50 [View article]
Norman,
This is a great article following up in the spirit of your other series. I find it interesting that this article did not generate the comment stream your other articles did since it seemed so many commenter's in your last article were asking for this type of series!
Being under 50, I can see how stocks like ROST should appeal to someone who has years (even decades) until retirement. However, I thought the 15 stock portfolio you created in your other series was something I would feel comfortable holding for many years as well, and that I didn't need to be in my mid to late 50's to take advantage of.
After reading many articles and comments over the past few months in the i4i section on SA, I believe that if you're 22 or 82, your style of investing should be what's the most comfortable for you. I graduated college in the height of the tech bubble and stupidly thought all stocks would just continue going up and up forever (I never really thought they would go down!) I now find it much easier (and enjoyable) to follow stocks that have great business models, generate tons of cash, and pay steady and increasing dividends.
I would love to have bought a 100 shares of Apple when I bought my first iPod eight years ago. However, I was gun shy after the tech bubble burst and decided to invest in stocks more conservatively (Dividends made sense to me because I liked getting paid by owning shares in a company). I don't get many 10-baggers, but I also don't get caught up buying a Netflix to see it go from $300 to $80 in a matter of months. There is no way I would have sold on the way down and been a good "trader" because I don't follow charts enough and am not interested in the type of fanatical technical analysis that goes into owning purely growth stocks.
Finally, I feel more comfortable having begun to focus on investing for income because I have limited funds and do not want to spread myself too thin. Over Thanksgiving, my brother-in-law said that BAC was so "cheap" that he was going to buy some shares and wait for it to double and then sell. At first I was somewhat envious of his swagger and believe he may even make money doing this. But I do not think I could successfully do that myself on a consistent basis and show anything tangible with it. Plus, trading in and out of growth / speculative stocks would take away from building up my dividend portfolio.
It took Norman's article, and another I read on SmartMoney yesterday (from author Jack Hough), to help clearly shape this (long and expanding!) comment. I've copied the link here as I'm guessing many in the i4i section will also identify with the main point of the article.
Thanks Norman (and all regular and wonderful contributors--Dave V., Dave F., Richjoy, Dave C., +5, Chowder, and many, many others) for helping continue shape my investing thoughts and strategies.
Dividend Investors: Improve Your Annual Yield [View article]
Great article and thank you for helping lay out the strategy in so much detail. I do have a couple of questions on trading covered calls.
You said you can sell the January 65 call. Here are my questions:
1). Does the call expire on 1/31 or on some other date in January? 2). Assume the stock price hits 67 on 1/15. Could the stock be called away before the call expires?
The Highest-Yielding Dividend Champions by Cap Size [View article]
David--
I checked your notes and you indicated it was "outpointed by other candidates". That being said, you did mention not including it was a close call and that the price fell significantly....
12 High-Yield Stocks for a 2011 Dividend Genius Portfolio [View article]
Richjoy--
Your comments are much appreciated and I have learned a lot since you have started posting your comments in the d-g segment. Your personal "life stories" have been especially helpful (same goes for Chowder and others who regularly post).
Thank you for being so open and willing to share your personal experiences with us. Here's to getting smarter sooner....
January 2013 Dividend Champions, Expanded Edition [View article]
That being said, David, thank you for your diligence and support with this file--it is truly a treasure of data.
Have a great 2013....
Should Dividend Investors Care About Entry Price? [View article]
Chowder, your response was especially helpful at is sounds very similar in concept to what Norman Tweed does as well....
I commented in another article that I have recently begin changing how I manage my purchases and DRIP's (i.e. I have eliminated dripping....) I have also begun using limit orders but have found it frustrating how much everything has gone up this year! Anyway, we'll see how this year goes and how comfortable I feel employing this strategy.
I loved Dave Crosetti's article about letting "the puck come to me" but am having a difficult time staying the course of letting prices come to me as I'm 1). Not a patient person 2). Hate the idea of not being fully invested in equities and not able to get more dividends (and enjoy the run-up in capital appreciation).
I will just have to trust that over the long haul purchasing a stock at a price I find of good value will pay off in the long run (while my cash sits there not making anything).
Once again, thanks for all comments and insights. They are much appreciated!
Bill C.
P.S. I've got the Daytona 500 on and P&G is getting a lot of free advertising. The track crews have resorted to using Tide to clean up the track after Montoya's car crashed into the track drying truck.... I'm sure the advertising execs in Cincinnati must be loving this! "Our product is not only good enough to get tough stains out of clothes but it also good for cleaning up jet fuel off a race track!"
Should Dividend Investors Care About Entry Price? [View article]
What a great sub-thread with RichJoy (thanks to both of you!). A question re: your strategy -- Will you continue plowing your dividends back into PM at any price?
I believe your strategy is to always re-invest dividends back into the underlying stock, but re-deploy additional capital and increased positions once you get 2K in money. This being the case, and with PM north of $80, you would hold off on purchasing additional PM shares until the price decreases a bit, but you would still automatically re-invest the dividends back in PM, correct?
If so, this sounds similar to the strategy Norman Tweed implements, and it's helpful for me to understand how all of you are managing your purchases and portfolio management as I continue refining how I manage my purchases....
Thank you very much!
Bill C.
Dividend Growth Investing: Waiting For The Ball To Come To Me [View article]
Bill C.
Dividend Growth Investing: Waiting For The Ball To Come To Me [View article]
I ask the question because I have recently thought about how to re-deploy dividends and manage new purchases. I used to "blindly" drip dividends right back into stock positions, but I am now leaning toward collecting the dividends (along with additional cash) and looking for attractive prices to make new purchases on existing or new stocks.
While there are still plenty of fairly valued stocks now, I am a little surprised with how much the market has sky rocketed this year! I'm trying to learn to be more patient with my stock selections, but I'm constantly tempted to buy whenever I have money to invest vs. waiting for a good opportunity (i.e. strong valuation). I'm trying to learn that it's just as important to receive dividends from the purchase of an attractively valued stock than to just collect dividends from positions that I jumped into without regard for valuation....
Better understanding your methodology will help to mold and strengthen my strategy....
I appreciate your feedback (and anyone else that may have an opinion here as well).
Bill C.
Call Option Trade On AT&T [View article]
Bill C.
Call Option Trade On AT&T [View article]
Thank you for this article and for laying out your strategy. Overall, I'm trying to educate myself on options trading (esp. covered call staregies).
By placing an ITM call, don't you expect your shares to be called anyway (esp. if the shares stay in the low $30 range)? Or, by placing an ITM call, are you betting the shares will stay above $28 and your calls will simply expire in March?
Thanks again for the article and any assistance you could provide.
Bill C.
Dividend Growth Vs. Fixed Income Challenge, Part 3: Inflation-Busting Dividend Growth Stocks [View article]
Overall, it has increased its dividend but that doesn't always reflect that way in dollars after being deposited into my account..... However, it's still nice to have that global diversification (and I'm a big fan of their products!)
Retirement Portfolio For Do It Yourselfers - An Update [View article]
Your articles are "must" read, and the work you and Norman are doing to show such detailed real life examples of portfolio construction and management are educational, inspiring, and great examples of how to setup a successful investing portfolio.
Numerous people have thanked you for this, but I just wanted to weigh in as well because these articles (and your comments) are extremely helpful (and that goes for you too, Norman!)
________________________
Unrelated to investing, I have an autographed baseball of your cousin. My grandfather got it from Frank (and numerous other players across two baseballs) in spring training of 1940. It's funny, I considered my old baseball cards and these autographed baseballs as my original "stocks" as a kid. I have 1956 Tops baseball cards of Mickey Mantle, Willie Mays, and Roy Campanella. They don't pay "dividends" but it's fun to pull them out and look at them every now and then. Thanks, again!
Retirement Stocks For Those Under 50 Years Old And Those Over 50 [View article]
This is a great article following up in the spirit of your other series. I find it interesting that this article did not generate the comment stream your other articles did since it seemed so many commenter's in your last article were asking for this type of series!
Being under 50, I can see how stocks like ROST should appeal to someone who has years (even decades) until retirement. However, I thought the 15 stock portfolio you created in your other series was something I would feel comfortable holding for many years as well, and that I didn't need to be in my mid to late 50's to take advantage of.
After reading many articles and comments over the past few months in the i4i section on SA, I believe that if you're 22 or 82, your style of investing should be what's the most comfortable for you. I graduated college in the height of the tech bubble and stupidly thought all stocks would just continue going up and up forever (I never really thought they would go down!) I now find it much easier (and enjoyable) to follow stocks that have great business models, generate tons of cash, and pay steady and increasing dividends.
I would love to have bought a 100 shares of Apple when I bought my first iPod eight years ago. However, I was gun shy after the tech bubble burst and decided to invest in stocks more conservatively (Dividends made sense to me because I liked getting paid by owning shares in a company). I don't get many 10-baggers, but I also don't get caught up buying a Netflix to see it go from $300 to $80 in a matter of months. There is no way I would have sold on the way down and been a good "trader" because I don't follow charts enough and am not interested in the type of fanatical technical analysis that goes into owning purely growth stocks.
Finally, I feel more comfortable having begun to focus on investing for income because I have limited funds and do not want to spread myself too thin. Over Thanksgiving, my brother-in-law said that BAC was so "cheap" that he was going to buy some shares and wait for it to double and then sell. At first I was somewhat envious of his swagger and believe he may even make money doing this. But I do not think I could successfully do that myself on a consistent basis and show anything tangible with it. Plus, trading in and out of growth / speculative stocks would take away from building up my dividend portfolio.
It took Norman's article, and another I read on SmartMoney yesterday (from author Jack Hough), to help clearly shape this (long and expanding!) comment. I've copied the link here as I'm guessing many in the i4i section will also identify with the main point of the article.
http://sm.wsj.com/rAmTnq
Thanks Norman (and all regular and wonderful contributors--Dave V., Dave F., Richjoy, Dave C., +5, Chowder, and many, many others) for helping continue shape my investing thoughts and strategies.
Best regards and happy investing!
Dividend Investors: Improve Your Annual Yield [View article]
Dividend Investors: Improve Your Annual Yield [View article]
You said you can sell the January 65 call. Here are my questions:
1). Does the call expire on 1/31 or on some other date in January?
2). Assume the stock price hits 67 on 1/15. Could the stock be called away before the call expires?
Thanks for your help!
Here's Why Dividend Stocks Are Evil (And 7 Good Examples Worth Considering) [View article]
The Highest-Yielding Dividend Champions by Cap Size [View article]
I checked your notes and you indicated it was "outpointed by other candidates". That being said, you did mention not including it was a close call and that the price fell significantly....
Thanks!
Bill C.
12 High-Yield Stocks for a 2011 Dividend Genius Portfolio [View article]
Your comments are much appreciated and I have learned a lot since you have started posting your comments in the d-g segment. Your personal "life stories" have been especially helpful (same goes for Chowder and others who regularly post).
Thank you for being so open and willing to share your personal experiences with us. Here's to getting smarter sooner....
Keep up the quality comments!
Bill C.