Canadian Dividend Growth Investor's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/1744691/comments http://seekingalpha.com/instablog/728729-chowder/1863681-don-t-be-manipulated-by-price-and-valuations?source=feed#comment-18931441 18931441
This article came just at the right time. I will focus on acquiring high quality companies at a good valuation, and stop worrying about the price fluctuations.]]> Fri, 17 May 2013 02:01:42 -0400
This article came just at the right time. I will focus on acquiring high quality companies at a good valuation, and stop worrying about the price fluctuations.]]> http://seekingalpha.com/article/1436201/comments?source=feed#comment-18931371 18931371 Fri, 17 May 2013 01:54:32 -0400 http://seekingalpha.com/article/1436201/comments?source=feed#comment-18931351 18931351 Fri, 17 May 2013 01:53:04 -0400 http://seekingalpha.com/article/1436201/comments?source=feed#comment-18931241 18931241 Fri, 17 May 2013 01:45:23 -0400 http://seekingalpha.com/article/1436201/comments?source=feed#comment-18885371 18885371 Thu, 16 May 2013 03:02:25 -0400 http://seekingalpha.com/article/1436201/comments?source=feed#comment-18885311 18885311
I was wondering whether I could use the FFO option like that.

For example, looking at ENB, it looks way overvalued using Operating Earnings option, but using FFO, it is at fair value.

Can I use this neat trick with a company like Enbridge?

Thanks!]]> Thu, 16 May 2013 03:01:03 -0400
I was wondering whether I could use the FFO option like that.

For example, looking at ENB, it looks way overvalued using Operating Earnings option, but using FFO, it is at fair value.

Can I use this neat trick with a company like Enbridge?

Thanks!]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18885241 18885241
I get what you mean. I suppose someone can't hold on to their shares if they panic sell in a drop -- when they don't understand the business.

My problem is I discover too many companies which light up my eyes lol

"He told my son he just likes putting money in the account and having me make things happen." - Looks like you're the magician here ;)]]> Thu, 16 May 2013 02:58:00 -0400
I get what you mean. I suppose someone can't hold on to their shares if they panic sell in a drop -- when they don't understand the business.

My problem is I discover too many companies which light up my eyes lol

"He told my son he just likes putting money in the account and having me make things happen." - Looks like you're the magician here ;)]]> http://seekingalpha.com/article/1432841/comments?source=feed#comment-18885131 18885131
Congratulations on your new book! The only downside about it is I can't get the physical copy via amazon.ca :(

I'm holding WFC for the reasons you stated above. Clearly written and an enjoyable read.

Canadian]]> Thu, 16 May 2013 02:52:18 -0400
Congratulations on your new book! The only downside about it is I can't get the physical copy via amazon.ca :(

I'm holding WFC for the reasons you stated above. Clearly written and an enjoyable read.

Canadian]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18885061 18885061 http://seekingalpha.co...

I nibbled on it before that article...for all the reasons Eli stated.

Best,
Canadian]]> Thu, 16 May 2013 02:48:52 -0400 http://seekingalpha.co...

I nibbled on it before that article...for all the reasons Eli stated.

Best,
Canadian]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18837601 18837601 Wed, 15 May 2013 02:42:28 -0400 http://seekingalpha.com/article/1429541/comments?source=feed#comment-18837591 18837591
Excellent comment. I agree that each purchase and sell should be an independent decision. That for each decision, one should look at the earnings history, dividend growth history, and earnings growth potential. FAST graphs is excellent for this.

"if we constantly underpay or get great value at our purchase points in the same companies, locking in higher yields and more shares for each dollar invested, we will be a lot further ahead."

I agree too, but it gets harder to find great value, especially if you want to keep your portfolio balanced. Of course, mine is over-allocated in Tech companies right now.]]> Wed, 15 May 2013 02:41:57 -0400
Excellent comment. I agree that each purchase and sell should be an independent decision. That for each decision, one should look at the earnings history, dividend growth history, and earnings growth potential. FAST graphs is excellent for this.

"if we constantly underpay or get great value at our purchase points in the same companies, locking in higher yields and more shares for each dollar invested, we will be a lot further ahead."

I agree too, but it gets harder to find great value, especially if you want to keep your portfolio balanced. Of course, mine is over-allocated in Tech companies right now.]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18837491 18837491 Wed, 15 May 2013 02:35:07 -0400 http://seekingalpha.com/article/1429541/comments?source=feed#comment-18837431 18837431
That example really lays out the long-term perspective clearly.]]> Wed, 15 May 2013 02:32:18 -0400
That example really lays out the long-term perspective clearly.]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18837311 18837311
For older folks, current income is paramount. Have you considered DLR for your friend? It's at a higher yield and there's more and more data out there. Data mining is also essential for big companies to determine consumer spending trends, etc. Brad Thomas, the go to guy for US REIT, wrote quite a number of bullish articles on it. His most recent article on DLR: http://bit.ly/18K1OBy]]> Wed, 15 May 2013 02:26:37 -0400
For older folks, current income is paramount. Have you considered DLR for your friend? It's at a higher yield and there's more and more data out there. Data mining is also essential for big companies to determine consumer spending trends, etc. Brad Thomas, the go to guy for US REIT, wrote quite a number of bullish articles on it. His most recent article on DLR: http://bit.ly/18K1OBy]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798911 18798911
"I've only sold a few holdings in the past 5 years."

I wish I were more like that! I will work towards selling less and buying more. :)]]> Tue, 14 May 2013 04:27:12 -0400
"I've only sold a few holdings in the past 5 years."

I wish I were more like that! I will work towards selling less and buying more. :)]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798881 18798881
Yes, the strategy would work. Generically, it's "dollar-cost averaging". In this particular article, I talk about the sub-case of "dollar-cost averaging up" because newer investors are more reluctant to do that (and opt for selling for capital gains and then later buy at a higher price)

In the case CVX drops down to $110 or any lower number, dollar-cost averaging actually works in my favor, so actually, I'd be happier purchasing more at the lower price vs a higher price. At lower price, I get a higher yield, which means more income for me. :D]]> Tue, 14 May 2013 04:26:10 -0400
Yes, the strategy would work. Generically, it's "dollar-cost averaging". In this particular article, I talk about the sub-case of "dollar-cost averaging up" because newer investors are more reluctant to do that (and opt for selling for capital gains and then later buy at a higher price)

In the case CVX drops down to $110 or any lower number, dollar-cost averaging actually works in my favor, so actually, I'd be happier purchasing more at the lower price vs a higher price. At lower price, I get a higher yield, which means more income for me. :D]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798851 18798851 Tue, 14 May 2013 04:22:32 -0400 http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798841 18798841
I'm less anal about price entry points now...as long as at fair valuation or slight premium for blue chips I wanna own. I'm learning from wise guys like you, Dave, and many others.

Your opinion is worth much more than 2 cents! Ha!

Canadian]]> Tue, 14 May 2013 04:21:24 -0400
I'm less anal about price entry points now...as long as at fair valuation or slight premium for blue chips I wanna own. I'm learning from wise guys like you, Dave, and many others.

Your opinion is worth much more than 2 cents! Ha!

Canadian]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798831 18798831
Thank you for sharing your wisdom in these conversations. Very much appreciated!

Canadian]]> Tue, 14 May 2013 04:19:39 -0400
Thank you for sharing your wisdom in these conversations. Very much appreciated!

Canadian]]> http://seekingalpha.com/article/1429541/comments?source=feed#comment-18798811 18798811
"I fail to see what is a good stock entry price point?"

That's what valuation is for. I wrote an article a couple months ago about that -- on "How to Pick a Value Investment for Dividend Growth and Success" http://seekingalpha.co...

FAST Graphs and Morningstar are great tools that you can look into in helping you determine if a company is at good valuation to buy or not.]]> Tue, 14 May 2013 04:17:15 -0400
"I fail to see what is a good stock entry price point?"

That's what valuation is for. I wrote an article a couple months ago about that -- on "How to Pick a Value Investment for Dividend Growth and Success" http://seekingalpha.co...

FAST Graphs and Morningstar are great tools that you can look into in helping you determine if a company is at good valuation to buy or not.]]> http://seekingalpha.com/article/1413471/comments?source=feed#comment-18611321 18611321
I like your clear explanations as always :) One question: How did you calculate the earnings growth and dividend growth over the decade?

For example, I'm using Morningstar's data for KO:
EPS 2012: 1.97
EPS 2003: 0.89
Plugging the numbers into Investopedia's CAGR calculator (http://bit.ly/YjBefA), I get 9.23%.
Dividends 2012: 1.02
Dividends 2003: 0.44
Plugging in the numbers, I get a rate of 9.79%

For JNJ:
EPS 2012: 3.86
EPS 2003: 2.4
...which is a rate of 5.42%
Dividends 2012: 2.4
Dividends 2003: 0.93
Plugging in the numbers, I get a rate of 11.11%

So my KO numbers match with yours, but not JNJ. How did you calculate those numbers? (Not questioning - just wanna make sure I'm doing it right ;))

Thanks,
Canadian]]> Thu, 09 May 2013 02:07:27 -0400
I like your clear explanations as always :) One question: How did you calculate the earnings growth and dividend growth over the decade?

For example, I'm using Morningstar's data for KO:
EPS 2012: 1.97
EPS 2003: 0.89
Plugging the numbers into Investopedia's CAGR calculator (http://bit.ly/YjBefA), I get 9.23%.
Dividends 2012: 1.02
Dividends 2003: 0.44
Plugging in the numbers, I get a rate of 9.79%

For JNJ:
EPS 2012: 3.86
EPS 2003: 2.4
...which is a rate of 5.42%
Dividends 2012: 2.4
Dividends 2003: 0.93
Plugging in the numbers, I get a rate of 11.11%

So my KO numbers match with yours, but not JNJ. How did you calculate those numbers? (Not questioning - just wanna make sure I'm doing it right ;))

Thanks,
Canadian]]> http://seekingalpha.com/article/1382121/comments?source=feed#comment-18477281 18477281
Raytheon currently pays $2.2 per share. so to get 4% yield, that'd be $55. The equation is:
desired price = annual dividend / desired yield
desired price = 2.2 / 0.04 = $55

Canadian]]> Sun, 05 May 2013 22:28:59 -0400
Raytheon currently pays $2.2 per share. so to get 4% yield, that'd be $55. The equation is:
desired price = annual dividend / desired yield
desired price = 2.2 / 0.04 = $55

Canadian]]> http://seekingalpha.com/article/1392971/comments?source=feed#comment-18453951 18453951 Sun, 05 May 2013 02:01:49 -0400 http://seekingalpha.com/article/1399001/comments?source=feed#comment-18453841 18453841 Sun, 05 May 2013 01:38:44 -0400 http://seekingalpha.com/instablog/728729-chowder/1788961-condition-of-the-market-april-2013?source=feed#comment-18301491 18301491 Wed, 01 May 2013 01:54:55 -0400 http://seekingalpha.com/article/1382121/comments?source=feed#comment-18301211 18301211 Wed, 01 May 2013 01:41:05 -0400 http://seekingalpha.com/article/1382121/comments?source=feed#comment-18256891 18256891 Tue, 30 Apr 2013 01:46:15 -0400 http://seekingalpha.com/article/1382121/comments?source=feed#comment-18256871 18256871 Tue, 30 Apr 2013 01:45:59 -0400 http://seekingalpha.com/article/1382121/comments?source=feed#comment-18256701 18256701 Tue, 30 Apr 2013 01:40:52 -0400 http://seekingalpha.com/article/1359871/comments?source=feed#comment-18210911 18210911 Mon, 29 Apr 2013 01:30:16 -0400