Dividend Investors - Don't Just Stand There - Do Something [View article]
Hi Bob, your article struck a chord with me, as I too have been saying to myself, should I be doing something? After a thorough review, I've concluded I'm where I want to be, with a strong reserve in case of downturn, and reinvesting in positions as appropriate for the time. Thanks for the Chuck Carnevale article link; it was helpful.
Newmont Mining: Today's Winning Long-Term Play [View article]
I am long NEM, and was interested in hearing the new CEO in the latest conf call. In the call, the CFO's resignation was announced. It's clear to me that NEM is doing some restructuring, and there will be more attention paid to the bottom line under this CEO. Another good thing is the establishing the environmental relations position, so that issues like Conga can perhaps be circumvented or minimized in the future. I like this CEO and bought some more NEM after the call.
Team Alpha Retirement Portfolio: Dividend Investing Vs. Annuity Purchasing [View article]
To mm9157: I have been experimenting with a very simplified portfolio in my watch lists, that I might move into when I no longer can or want to manage as I currently do. For instance, very simplified was just FUSEX for equities and FTBFX for bonds. Another variation was with 5 blue chips and a long and short term bond fund. Anyway, that's what I've been doing to prepare. The income is less with the simplified portfolio, but still considerable.
Team Alpha Retirement Portfolio: Dividend Investing Vs. Annuity Purchasing [View article]
Thanks for the thought-provoking article. In many venues, the $$$ spent for an annuity are listed in the investment column of a portfolio, as if still available.
I retired from a big bank in 2009, and chose to take my pension as a lump sum, as opposed to an annuity. Although a somewhat audacious decision, as my investing knowledge was slight, I decided the counterparty risk of the insurance company was too large. Also, and I haven't seen this mentioned as a downside to an annuity payment, I didn't want to receive a set amount of income each year; wanted to control my tax exposure.
I read some advice recently -- you can work for someone else, work for yourself, or invest in companies that work for you. I am invested in both dividend-paying companies that I like, and in bonds and bond funds. The income I receive is not as high as what I would have received with the annuity, but it is not a return of principal. As it is, I am reinvesting most of my dividends until later in retirement, so as to grow my investments. By controlling my expenses (no mortgage, debt) I am able to do that.
Having said all that, I still think an annuity may be a good product for someone who can't see themselves managing their investments. I know some really smart people who have bought annuities, but their eyes cross when talking about investing. It's just that it needs to be clear that it is a product, with a cost. That's not always done clearly.
Why Dividend Investors Should Never Touch Principal [View article]
Enjoyed the article, and all the comments following. Just a couple of things. For the discussion of taking the RMD, that can be taken "in kind" and stocks moved from the tax-sheltered account, so no need to disturb that capital. Taxes will be due, but surely that is already planned for!
2nd thing is, control of expenses. Thinking about retirement yesterday, I enjoy it so much that if I had to eat a peanut butter sandwich for lunch and cereal for a year, I'd do it gladly to stay retired! My point is only that expenses need to be controlled, spend less than what is coming in.
Understanding Carl Icahn's Oshkosh Strategy [View article]
Icahn is really all for himself, any benefit to others is coincidental. If OSK acquired JLG to provide diversity, seems like that is working out. Why sell it off now that the strategy is bearing fruit.
Patient Investors: An Interesting Dividend Approach Using Your Home Equity [View article]
Such a bad idea in so many ways. Almost can't believe you would profer it.
Very unbalanced. The obligation to pay off the home equity loan is guaranteed by your home but the obligation to pay you dividends on your portfolio is 1) not guaranteed, 2) not guaranteed to grow, and 3) principal is not only not guaranteed to be stable or rise, but is very likely to decrease for significant periods of time.
There is always someone, usually working for a bank or the like, that will want you to borrow money and pay them interest. Much better the lender than the borrower be.
Why Microsoft's Mismanagement Cost It The Present [View article]
Corporate arrogance is right! I sold my MSFT after I found out that their CEO doesn't attend the conference calls.
First time I've heard it called "stacking". Where I worked (financial) we called it forced ranking (HR called it something else). I'll just say that it didn't do too much to help morale.
3 Reasons To Buy This Rising Stock With An 8% Yield [View article]
I bought this at IPO not that long ago. Probably why yahoo finance doesn't have much for it. In listening to the conference alls, I have a lot of confidence in Barry Sternlicht and his strategy for this company. Timing for getting the company started was perfect.
Would not buy JNJ as it is just a mess right now, employees are very dissatisfied, many recalls and errors. Maybe will stabilize with new CEO.
Keeping Your Dividend Stocks Right Now Is Not A Mistake [View article]
Dividend Investors - Don't Just Stand There - Do Something [View article]
Newmont Mining: Today's Winning Long-Term Play [View article]
Team Alpha Retirement Portfolio: Dividend Investing Vs. Annuity Purchasing [View article]
Team Alpha Retirement Portfolio: Dividend Investing Vs. Annuity Purchasing [View article]
I retired from a big bank in 2009, and chose to take my pension as a lump sum, as opposed to an annuity. Although a somewhat audacious decision, as my investing knowledge was slight, I decided the counterparty risk of the insurance company was too large. Also, and I haven't seen this mentioned as a downside to an annuity payment, I didn't want to receive a set amount of income each year; wanted to control my tax exposure.
I read some advice recently -- you can work for someone else, work for yourself, or invest in companies that work for you. I am invested in both dividend-paying companies that I like, and in bonds and bond funds. The income I receive is not as high as what I would have received with the annuity, but it is not a return of principal. As it is, I am reinvesting most of my dividends until later in retirement, so as to grow my investments. By controlling my expenses (no mortgage, debt) I am able to do that.
Having said all that, I still think an annuity may be a good product for someone who can't see themselves managing their investments. I know some really smart people who have bought annuities, but their eyes cross when talking about investing. It's just that it needs to be clear that it is a product, with a cost. That's not always done clearly.
Thank you for being clear in your explanation.
3 High-Yield ETFs For Solid Returns [View article]
3 High-Yield ETFs For Solid Returns [View article]
Why Dividend Investors Should Never Touch Principal [View article]
2nd thing is, control of expenses. Thinking about retirement yesterday, I enjoy it so much that if I had to eat a peanut butter sandwich for lunch and cereal for a year, I'd do it gladly to stay retired! My point is only that expenses need to be controlled, spend less than what is coming in.
With that said, Happy Thanksgiving to all.
Retirees: It's Time To Learn More About Dividend Growth Investing [View article]
Understanding Carl Icahn's Oshkosh Strategy [View article]
Patient Investors: An Interesting Dividend Approach Using Your Home Equity [View article]
Very unbalanced. The obligation to pay off the home equity loan is guaranteed by your home but the obligation to pay you dividends on your portfolio is 1) not guaranteed, 2) not guaranteed to grow, and 3) principal is not only not guaranteed to be stable or rise, but is very likely to decrease for significant periods of time.
There is always someone, usually working for a bank or the like, that will want you to borrow money and pay them interest. Much better the lender than the borrower be.
Why Microsoft's Mismanagement Cost It The Present [View article]
First time I've heard it called "stacking". Where I worked (financial) we called it forced ranking (HR called it something else). I'll just say that it didn't do too much to help morale.
The Investor's Guide To Intel's Smartphone Strategy [View article]
3 Reasons To Buy This Rising Stock With An 8% Yield [View article]
Would not buy JNJ as it is just a mess right now, employees are very dissatisfied, many recalls and errors. Maybe will stabilize with new CEO.
Long STWD.
Emerson Electric Company: Dividend Stock Analysis [View article]