INDEPENDENT Financial Advisor / Professional Investor- with over 30 years of navigating the Stock market's "fear and greed" cycles that challenge the average investor. Investment strategies that combine Theory, Practice and Experience to produce Portfolios focused on achieving positive returns over a period of time. Providing advice in helping to avoid the pitfalls and traps that wreak havoc on your portfolio with a focus on Income and Capital Preservation.
I manage the capital of only a handful of families and I see it as my number one job to protect their financial security. They don’t pay me to sell them investment products, beat an index, abandon true investing for mindless diversification or follow the Wall Street lemmings down the primrose path. I manage their money exactly as I manage my own so I don’t take any risk at all unless I strongly believe it is worth taking.
Blogging here on SA is part of my research. I write to find out what I think.
I invite you to join the family of satisfied clients send an e-mail :firstname.lastname@example.org
I am a former Investment and Commercial Banker with over 30 years experience in the field. I have been advising both individuals and institutional clients on high-yield investment strategies since 1991. As author of “High Dividend Opportunities”, a premium subscription service at Seeking Alpha, my objective is to bring investors the most profitable and newest high dividend ideas, with special focus on the Energy sector. The service includes an actively managed model Portfolio targeting an overall dividend yield of 6-9% in addition to long-term capital gains. My research aims to maximize returns by identifying undervalued securities in the High Yield space.
In addition to being a Certified Public Accountant CPA from the State of Arizona, I hold a BS Degree from Indiana University, Bloomington, and a Masters degree from Thunderbird School of Global Management (Arizona). I am also a Certified Mortgage Advisor CEMAP, a UK certification. My Research and Articles have been featured on Seeking Alpha, Investing.com, ETFdailynews, and on FXEmpire.
For more information on how to subscribe to “High Dividend Opportunities” and gain exclusive access to the portfolio, live alerts and market commentaries, check the post: Introduction to “High Dividend Opportunities” on my Instablog or just email me at email@example.com .
I seek to liberate investors from the chains of borrowed opinions by teaching metric awareness that leads to the formation of your own opinions. I am a retail investor that gathers, processes and analyzes significantly more data than average. I share that data in my articles. I let the data do the talking. I am only taking dictation as the data tells its message.
I am a Certified Public Accountant (CPA) and a Certified Financial Planner (CFP) (currently do not have a private practice). I have also been a member of the American Institute of Certified Public Accountants (AICPA) for 17 years (CFF as well). I am currently employed with a global accounting firm in the Northeast area (partner). I have a masters degree in accounting + legal studies. I have audit, tax, and consulting experience with entities in the following sectors: closed-end funds, energy, financials, healthcare, homebuilders, pharmaceuticals, private equity, REITs, and telecoms. I've also have experience with C-corps., estates, high net worth individuals, LLCs, LLPs, S-corps., and trusts. I am a casual individual investor. My investing fundamentals are based on both qualitative and quantitative information. By using my analytical skills, I create specific investing ideas/strategies. I am more of a longer-term investor as opposed to day-trading.
Previous Quarterly Projection Article’s Performance vs. Actual Results:
# of Projections Stated Within All Articles: 162
# of Projections PENDING: 1
# of Projections 100% Accurate or Within Range: 151
# of Projections Inaccurate or Outside of Range: 11
Projection “Within Range” Success Rate: 151 / 162 = 93.2%
Please see the list at the bottom of this profile for the details of my past projections.
Disclaimer: I cannot own and will not give an opinion on any investments my current employer has any direct or indirect professional services with (accounting, audit, tax, consulting, etc.). This mainly consists of various mutual funds and exchange traded funds (ETF's). This includes all stocks held within these particular investment vehicles. This specified list is updated monthly. As such, most large-cap stocks are "off the table" regarding my articles. All accounting insight, analysis, and opinions stated within any articles I write (in regards to a specified stock) are entirely from my own personal research and analysis. I believe my articles are both informative and in some cases educational.
NOTE: A growing number of readers/investors, analysts, and representatives of firms have requested to be provided with my "spreadsheets/models" to help better understand certain companies/sectors. My researched data is several files of 100+ spreadsheets/models containing both stocks I write about on S.A. and stocks I choose to not write about on S.A. To reduce the repeated requests to provide such data, these spreadsheets/models are ALL linked together. As such, all current and future requests to "share" my data/models will be politely declined. Thanks for your understanding regarding this subject.
I appreciate my loyal readers and I’ll continue to try to provide high quality, in-depth articles.
Commonly Asked Questions:
Question 1): If you are only paid per article, why make your articles so long / detailed?
- I like to provide the “nuts and bolts” of a company. As such, I strive for my articles to have some sort of “hard to obtain” facts / figures. From this data, I like to fully discuss / analyze specific topics within a particular stock. This mainly consists of a quarterly projection article and a series of articles on a company’s dividend sustainability. In certain instances, I also write articles in regards to specific, material events that occur during a quarter.
- I believe a company’s quarterly results and upcoming dividend declarations are two of the most important topics readers are requesting information on. My analysis takes the “average” article several steps further to allow readers to have access to information that is rare to public viewership. In doing so, I believe my articles are both beneficial and educational for most readers.
Question 2): How come you only write 1-2 articles a week (would like to see more)?
- As stated in my profile above, I have a full-time professional career. I write / analyze stocks in my “free time”. To provide these types of high quality / in-depth articles, I can’t see writing more than 2 articles a week. I believe “quality” should always be a higher priority versus “quantity”.
- As many readers should know by now (if you’ve followed me for a while), I not here for the monetary rewards. If that was the case, I’d write 5+ weekly articles and provide little to no engagement in each article’s comment section. I believe the comments section is as important as the article themselves b/c readers have a wide range of questions in relation to each article or the sector in general.
Question 3): What do you personally gain from writing these articles?
- I am not here trying to promote a company, book, or website. There’s nothing wrong with that. However, that’s just not what I’m about. I’m here for the “average Joe”.
- When I decided to write these articles, I based it on the notion I am filling a “special niche” per se. Using skills that have been built up over my professional career, my articles usually provide unique information that most writers either a) don’t have the technical expertise to provide or b) don’t bother providing due to the time it takes to compile such data. As such, I believe the S.A. community benefits from my articles. I solely do this b/c it’s a passion of mine and I like helping readers have accurate, reliable data that is not readily available. Yes, I understand this may seem “hard to believe” in this day and age. However, I believe some of my more “seasoned” followers know this aspect of my generosity / personality. Also, in the past there were numerous misstated “facts / notions” in various articles I saw being written by the stocks I currently cover. Since I began to write my articles here, these misstatements / misnomers have decreased which is good for this forum.
Question 4): How come you do not write about more stocks?
- To give readers the level of detail that I provide in my articles, I amass large amounts of data every quarter (or even weekly). As a direct result, a large amount of time is consumed by obtaining / analyzing this data. This would only increase if I expanded my researched portfolio of stocks.
- If I expanded the stocks I research, it would most likely take away the quality of other articles I currently am writing about. Again, this gets back to the “quality vs. quantity” metric.
- There is a fairly large range of stocks / investment vehicles I cannot write about / provide an opinion on due to various conflicts of interests (regarding my professional career). This is a topic I take VERY seriously. As such, I take all necessary precautions to avoid any remote possibility of a conflict of interest occurring.
NOTE: Below are the stocks I currently cover as of June 2016:
Stocks Covered In Great Detail (11 mREITs; 11 BDCs; 11 Other Sectors): ACAP (Proposed Spin-Off), ACAS, ACSF, AGNC, AINV, ANH, ARCC, ARR, CMO, CYS, FSAM, FSC, FSFR, GBDC, GOOG, GPRO, HTS, MAIN, MCC, MO, MTGE, NEWT (New) NLY, NVS, NYMT, ORC, PFAM (Proposed Spin-Off) PSEC, PM, PRIT (Proposed Spin-Off) PYLD (Proposed Spin-Off), SLRC TRP, and WMC.
Stocks Covered In Modest Detail (10 mREITs; 3 Other Sectors): AI, AMTG, BABA, EFC, IVR, JMI, MFA, MITT, NRZ (New), PHM, PMT, SLRC, TOL, TWO
Detailed Past Projection List:
NAV as of 3/31/2014: $0.01 per share variance; within range ($10.67 projected vs. $10.68 actual)
NAV as of 6/30/2014: $0.00 per share variance; 100% accuracy ($10.56 projected vs. $10.56 actual)
NAV as of 9/30/2014: $0.01 per share variance; within range ($10.48 projected vs. $10.47 actual)
NAV as of 12/31/2014: $0.01 per share variance; within range ($10.34 projected vs. $10.35 actual)
NAV as of 3/31/2015: $0.03 per share variance; within range ($10.27 projected vs. $10.30 actual)
NAV as of 6/30/2015: $0.06 per share variance; within range ($10.25 projected vs. $10.31 actual)
NAV as of 9/30/2015: $0.17 per share variance; within range but at the higher end ($10.00 projected vs. $10.17 actual)
NAV as of 12/31/2015: $0.25 per share variance; slightly outside range; lower end ($9.90 projected vs. $9.65 actual)
NAV as of 3/31/2016: $0.11 per share variance; within range ($9.50 projected vs. $9.61 actual)
Fiscal Q3 2016 NII: $0.00 per share variance; within range ($0.25 projected vs. $0.25 actual)
Dividends for Fiscal Q4 2014: Stated dividend was currently safe (no specific dividend declarations) which turned out to be correct for April 2014 – June 2014 dividends declared
Dividends for Fiscal Q1 2015: 100% accuracy (July. 2014 $0.110475 projected vs. $0.110475 actual) (Aug. 2014 $0.110500 projected vs. $0.110500 actual) (Sept. 2014 $0.110525 projected vs. $0.110525 actual)
Dividends for Fiscal Q2 2015: 100% accuracy (Oct. 2014 $0.110550 projected vs. $0.110550 actual) (Nov. 2014 $0.110575 projected vs. $0.110575 actual) (Dec. 2014 $0.110600 projected vs. $0.110600 actual)
Dividends for Fiscal Q3 2015^: (Jan. 2015 $0.110625 projected vs. $0.110625 actual) (Feb. 2015 $0.110650 projected vs. $0.0833 actual OUTSIDE RANGE) (Mar. 2015 $0.110675 projected vs. $0.0833 actual OUTSIDE RANGE)
^ = Correctly stated dividend would be cut. However, PSEC reduced dividends beginning in February 2015 and I projected the dividend decrease would occur in April 2015 (2 months earlier than projected)
Dividends for Fiscal Q4 2015: (April. 2015 was declared in December 2014 prior to my analysis for this quarter) 100% accuracy (May 2015 - June 2015 $0.0833 projected vs. $0.0833 actual)
Dividends for Fiscal Q1 2016: 100% accuracy (July 2015 - September 2015 $0.0833 projected vs. $0.0833 actual)
Dividends for Fiscal Q2 2016: 100% accuracy (October 2015 - December 2015 $0.0833 projected vs. $0.0833 actual)
Dividends for Fiscal Q3 2016: 100% accuracy (January 2016 - March 2016 $0.0833 projected vs. $0.0833 actual)
Dividends for Fiscal Q4 2016: 100% accuracy (April 2016 - June 2016 $0.0833 projected vs. $0.0833 actual)
Dividends for Fiscal Q1 2017: 100% accuracy (July 2016 - August 2016 $0.0833 projected vs. $0.0833 actual) (September 2016 = PENDING)
BV as of 6/30/2013: $0.11 per share variance; within range ($25.40 projected vs. $25.51 actual)
BV as of 9/30/2013: $1.36 per share variance; MATERIALLY OUTSIDE RANGE ($26.63 projected vs. $25.27 actual)
BV as of 12/31/2013: $0.58 per share variance; within range lower end ($24.51 projected vs. $23.93 actual)
BV as of 3/31/2014: $0.04 per share variance; within range ($24.45 projected vs. $24.49 actual)
BV as of 6/30/2014: $0.66 per share variance; within range higher end ($25.60 projected vs. $26.26 actual)
BV as of 9/30/2014: $0.35 per share variance; within range ($25.19 projected vs. $25.54 actual)
BV as of 12/31/2014: $0.29 per share variance; within range ($25.45 projected vs. $25.74 actual)
Comprehensive Income for Q1 2015: $0.02 per share variance; within range ($0.48 per share projected vs. $0.46 per share actual)
BV as of 3/31/2015: $0.11 per share variance; within range ($25.64 projected vs. $25.53 actual)
BV as of 6/30/2015: $0.24 per share variance; within range ($24.24 projected vs. $24.00 actual)
BV as of 9/30/2015: $0.44 per share variance; within range lower end ($23.44 projected vs. $23.00 actual)
BV as of 10/31/2015: $0.06 per share variance; within my monthly $0.30 per share range ($22.98 projected vs. $23.04 actual)
BV as of 11/30/2015: $0.27 per share variance; within my monthly $0.30 per share range ($22.25 projected vs. $22.52 actual)
BV as of 12/31/2015: $0.01 per share variance; within range ($22.60 projected vs. $22.59 actual)
BV as of 1/31/2016: $0.01 per share variance; within range ($22.39 projected vs. $22.40 actual)
BV as of 2/29/2016: $0.09 per share variance; within range ($22.82 projected vs. $22.73 actual)
BV as of 3/31/2016: $0.16 per share variance; within range ($22.25 projected vs. $22.09 actual)
Dividend for Q1 2013: $0.00 per share variance; 100% accuracy ($1.25 projected vs. $1.25 actual)
Dividend for Q2 2013: Correctly stated dividend cut would occur; $0.15 per share variance; within range higher end ($0.90 projected vs. $1.05 actual)
Dividend for Q3 2013: Correctly stated another dividend cut would occur; $0.10 per share variance; within range ($0.90 projected vs. $0.80 actual)
Dividend for Q4 2013: Correctly stated another dividend cut would occur; $0.05 per share variance; within range ($0.60 projected vs. $0.65 actual)
Dividend for Q1 2014: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for Q2 2014: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for Q3 2014: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for November 2014 - April 2015: Correctly stated dividend would be stable; 100% accuracy ($0.22 projected vs. $0.22 actual)
Dividend for May 2015: Company declared dividend several weeks ahead of schedule; prior to my quarterly dividend sustainability analysis. As such, no dividend projection was provided for May 2015:
Dividend for June 2015 - August 2015: Correctly stated dividend would be stable; 100% accuracy ($0.20 projected vs. $0.20 actual)
Dividend for September 2015*: INCORRECTLY stated dividend would modestly reduced; ($0.18 projected vs. $0.20 actual)
Dividend for October and November 2015: Not provided but stated increased risk to reduction by end of 2015 / early 2016.
Dividend for December 2015**: Stated dividend would be stable; highest probability ($0.20 projected vs. $0.20 actual)
Dividend Declaration for January 2016: Not provided due to time constraints.
Dividend for February 2016 - June 2016: Correctly stated dividend would be stable; 100% accuracy ($0.20 projected vs. $0.20 actual)
BV as of 12/31/2013***: $0.40 per share variance; within range lower end ($21.87 projected vs. $21.47 actual)
BV as of 3/31/2014***: $0.16 per share variance; within range ($21.94 projected vs. $21.78 actual)
BV as of 6/30/2014***: $0.13 per share variance; within range ($22.60 projected vs. $22.73 actual)
BV as of 9/30/2014***: $0.29 per share variance; within range ($21.95 projected vs. $22.24 actual)
BV as of 12/31/2014***: $0.19 per share variance; within range ($22.10 projected vs. $21.91 actual)
BV as of 3/31/2015***: $0.20 per share variance; within range ($21.80 projected vs. $22.00 actual)
BV as of 6/30/2015***: $0.30 per share variance; within range ($22.00 projected vs. $21.70 actual)
BV as of 9/30/2015***: $0.17 per share variance; within range ($20.10 projected vs. $19.93 actual); excluding "one-time" ($0.20) per share impairment charge related to RCS; $0.03 per share variance ($20.10 projected vs. $20.13 actual; excluding impairment charge).
BV as of 12/31/2015***: $0.16 per share variance; within range ($19.50 projected vs. $19.66 actual)
BV as of 3/31/2016***: $0.22 per share variance; within range ($19.25 projected vs. $19.03 actual)
Dividend for Q3 2013***: Correctly stated dividend would be modestly cut; $0.00 per share variance; 100% accuracy ($0.70 projected vs. $0.70 actual)
Dividend for Q4 2013***: Correctly stated dividend would be slightly cut; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for Q1 2014***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for Q2 2014 - Q4 2014***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.65 projected vs. $0.65 actual)
Dividend for Q1 2015***: INCORRECTLY stated dividend would be stable; ($0.15) per share variance; ($0.65 projected vs. $0.50 actual) In my opinion, the severity of this cut was very disappointing.
Dividend for Q2 2015***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.50 projected vs. $0.50 actual)
Dividend for Q3 2015***: INCORRECTLY stated dividend would be stable; ($0.10) per share variance; ($0.50 projected vs. $0.40 actual) In my opinion, the severity of this cut was very disappointing once again.
Dividend for Q4 2015 - Q2 2015***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.40 projected vs. $0.40 actual)
BV as of 3/31/2014***: $0.10 per share variance; within range ($12.40 projected vs. $12.30 actual)
BV as of 6/30/2014***: $0.43 per share variance; SLIGHTLY OUTSIDE RANGE higher end ($12.80 projected vs. $13.23 actual)
BV as of 9/30/2014***: $0.07 per share variance; within range ($12.95 projected vs. $12.88 actual)
BV as of 12/31/2014***: $0.15 per share variance; within range ($12.95 projected vs. $13.10 actual)
BV as of 3/31/2015***: $0.32 per share variance; SLIGHTLY OUTSIDE RANGE; lower end ($13.20 projected vs. $12.88 actual)
BV as of 6/30/2015***: $0.17 per share variance; within range ($12.15 projected vs. $12.32 actual)
BV as of 9/30/2015***: $0.16 per share variance; within range ($12.15 projected vs. $11.99 actual)
BV as of 12/31/2015***: $0.13 per share variance; within range ($12.60 projected vs. $12.73 actual) (most of the variance was in relation to the accretive effect of Q4 2015 share repurchases)
BV as of 3/31/2016***: $0.04 per share variance; within range ($11.65 projected vs. $11.61 actual)
Dividend for Q1 2014 - Q1 2015***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.30 projected vs. $0.30 actual)
Dividend for Q2 2015***: INCORRECTLY stated dividend would be reduced; $0.05 per share variance; ($0.25 projected vs. $0.30 actual)
Dividend for Q3 2015 - Q2 2016***: Correctly stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.30 projected vs. $0.30 actual)
NAV as of 3/31/2013: $0.03 per share variance; within range ($9.87 projected vs. $9.90 actual)
NAV as of 6/30/2013: $0.04 per share variance; within range ($9.94 projected vs. $9.90 actual)
NAV as of 9/30/2013: $0.01 per share variance; within range ($9.86 projected vs. $9.85 actual)
NAV as of 12/31/2013: $0.00 per share variance; 100% accuracy ($9.85 projected vs. $9.85 actual)
NAV as of 3/31/2014: $0.00 per share variance; 100% accuracy ($9.81 projected vs. $9.81 actual)
NAV as of 6/30/2014: $0.06 per share variance; within range lower end ($9.77 projected vs. $9.71 actual)
NAV as of 9/30/2014: $0.01 per share variance; within range ($9.65 projected vs. $9.64 actual)
NAV as of 12/31/2014: $0.37 per share variance; MATERIALLY OUTSIDE RANGE ($9.54 projected vs. $9.17 actual)
NAV as of 3/31/2015: $0.21 per share variance; OUTSIDE RANGE ($8.97 projected vs. $9.18 actual)
NAV as of 6/30/2015: $0.00 per share variance; 100% accuracy ($9.13 projected vs. $9.13 actual) (projections + article were provided to certain interested parties outside S.A.)
NAV as of 9/30/2015: $0.05 per share variance; within range ($8.95 projected vs. $9.00 actual) (projections + analysis were provided to certain interested parties; did not have enough time to provide an article)
FSC’s Dividend Sustainability Analysis Through Fiscal Q3 2013: Stated moderate to material dividend cut is needed; 100% accurate because company cut dividend beginning in December 2013
Dividend for Fiscal Q3 2015****: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (April 2015 $0.06 projected vs. $0.06 actual) (May 2015 $0.06 projected vs. $0.06 actual) (June 2015 $0.06 projected vs. $0.06 actual)
Dividend for September - February 2016****: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (September 2015 $0.06 projected vs. $0.06 actual) (October 2015 $0.06 projected vs. $0.06 actual) (November 2015 $0.06 projected vs. $0.06 actual) (December 2015 $0.06 projected vs. $0.06 actual) (January 2016 $0.06 projected vs. $0.06 actual) (February 2016 $0.06 projected vs. $0.06 actual)
NAV as of 12/31/2013: $0.12 per share variance; within range lower end (wider range b/c first full quarter of operations) ($15.22 projected vs. $15.10 actual)
NAV as of 3/31/2014: $0.03 per share variance; within range ($15.13 projected vs. $15.10 actual)
NAV as of 6/30/2014: $0.01 per share variance; within range ($15.14 projected vs. $15.13 actual)
NAV as of 9/30/2014: $0.02 per share variance; within range ($12.63 projected vs. $12.65 actual)
NAV as of 12/31/2014: $0.10 per share variance; within range (at lowest end) ($12.635 projected vs. $12.534 actual)
NAV as of 3/31/2015: $0.08 per share variance; within range ($12.38 projected vs. $12.46 actual)
NAV as of 6/30/2015: $0.15 per share variance; within range (at lowest end) ($12.38 projected vs. $12.23 actual)
NAV as of 9/30/2015: $0.18 per share variance; within range (at higher end) ($11.93 projected vs. $12.11 actual)
NAV as of 12/31/2015: Not provided to readers due to the fact the company "pre-announced" NAV prior to my quarterly projection analysis (due to a material reduction)
NAV as of 3/31/2016: $0.17 per share variance; within range (at higher end) ($11.01 projected vs. $11.18 actual)
Dividend Declaration for December 2015 - February 2016: Correctly stated very low probability (10%) for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (December 2015 $0.075 projected vs. $0.075 actual) (January 2016 $0.075 projected vs. $0.075 actual) (February 2016 $0.075 projected vs. $0.075 actual)
Dividend Sustainability Analysis Through Q4 2013: Stated material dividend cut was needed as soon as the next quarter; 100% accurate because company cut dividend in Q1 2014 from $0.80 per share (regular dividend portion) to $0.67 per share.
Dividend for Q4 2014*****: Stated dividend would be stable; $0.00 per share variance; 100% accuracy ($0.70 projected vs. $0.70 actual)
Dividend for Q1 2015***: Stated dividend would be "relatively" stable; accurate because company only cut its dividend by ($0.03) per share which, when calculated, was only a "minor" (< 5%) reduction
Dividend for Q2 2015***: Stated heightened risk for another minor - modest dividend reduction; accurate because company cut its dividend by ($0.03) per share which, when calculated, was another "minor" (< 5%) reduction
Dividend for Q3 2015: Correctly stated dividend would be modestly cut; $0.00 per share variance; 100% accuracy ($0.60 projected vs. $0.60 actual
Dividend for Q3 2015*****: Stated dividend had a modest to high probability (50% - 75%) of being reduced; 100% accurate because company reduced monthly dividends from $0.18 per share to $0.14 per share beginning in July 2015.
Dividend for August 2015 - June 2016: Correctly stated each month dividend would be stable; 100% accuracy ($0.14 projected vs. $0.14 actual)
BV as of 9/30/2015: $0.05 per share variance; within range ($11.63 projected vs. $11.69 actual)
BV as of 12/31/2015: $0.09 per share variance; within range ($11.74 projected vs. $11.65 actual)
BV as of 3/31/2016: $0.09 per share variance; within range ($11.10 projected vs. $11.01 actual)
Dividend Declaration for Calendar Q2 2015****: Correctly stated low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (April 2015 $0.175 projected vs. $0.175 actual) (May 2015 $0.175 projected vs. $0.175 actual) (June 2015 $0.175 projected vs. $0.175 actual).
Dividend Declaration for September - November 2015: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (September 2015 $0.175 - $0.18 projected vs. $0.180 actual) (October 2015 $0.175 - $0.18 projected vs. $0.180 actual) (November 2015 $0.175 - $0.18 projected vs. $0.180 actual).
Special Periodic Dividend Declaration for 2015: Correctly stated high probability of a special periodic dividend paid in December 2015; exactly at my projected mean: ($0.25 - $0.30 projected vs. $0.275 actual).
Dividend Declaration for December 2015 - February 2016: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (December 2015 $0.18 projected vs. $0.180 actual) (January 2016 $0.18 projected vs. $0.180 actual) (February 2016 $0.18 projected vs. $0.180 actual).
Dividend Declaration for March 2016 - May 2016: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (March 2016 $0.18 - $0.185 projected vs. $0.180 actual) (April 2016 $0.18 - $0.185 projected vs. $0.180 actual) (May 2016 $0.18 - $0.185 projected vs. $0.180 actual).
Dividend Declaration for June 2016 - August 2016: Correctly stated very low risk for a dividend reduction; dividend would be stable; $0.00 per share variance; 100% accuracy (June 2016 $0.18 - $0.185 projected vs. $0.180 actual) (July 2016 $0.18 - $0.185 projected vs. $0.180 actual) (August 2016 $0.18 - $0.185 projected vs. $0.180 actual).
Special Periodic Dividend Declaration for First-Half 2016: Correctly stated high probability of a special periodic dividend paid in June 2016; exactly at my projected mean: ($0.25 - $0.30 projected vs. $0.275 actual).
Q4 2015 Adjusted Diluted EPS: $0.00 per share variance; 100% accuracy ($0.67 projected vs. $0.67 per share actual)
* = Stated there was a 60% probability dividend would be reduced to $0.18 per share; a 30% probability dividend would remain stable at $0.20 per share
** = Stated there was a 45% probability dividend would be reduced to $0.16 - $0.19 per share
*** = Provided within an AGNC article
**** = Provided within a PSEC article
***** = Provided within a NLY article
An investor with circa 30 years of professional, managerial and financial experience, gathered through both private-individual activities as well as asset management type of roles.
I'm involved in running a leveraged fixed-income, absolute return, hedge fund that aims at providing its investors with double-digit returns, per annum. The fund run a fast, frequent and furious trading strategy and it focuses on the very short term. Definitely not a Buy & Hold!
I'm also advising and consulting to private individuals, mostly HNWI that I had been serving through many years of working within the private banking, wealth management and asset management arenas. This activity focuses on the long run and it's mostly based on a Buy & Hold strategy.
Risk management is at the very core of our essence and while we normally take LONG-naked positions, we constantly hedge our positions, in order to protect the downside, that usually occurs at times when you least expect that to take place...
I cover all asset-classes though mostly focusing on cash cows and high dividend paying "machines" that may generate high (total) returns: Interest-sensitive, income-generating, instruments, e.g. Bonds, REITs, BDCs, Preferred Shares, MLPs, etc. combined with a variety of high-risk, growth and value stocks.
I believe and invest for the long run but i'm very minded of the short run too. While it's possible to make a massive-quick "kill", here and there, good things usually come in small packages; so do returns. Therefore, I (hope but) don't expect my investments to double in value over a short period of time. I do, however, aim at an annual double-digit returns on average, preferably on an absolute basis, i.e. regardless of markets' returns and directions.
Timing is Everything! While investors can't time the market, I believe that this applies only to the long term. In the short-term (a couple of months) one can and should pick the right moment and the right entry point, based on his subjective-personal preferences, risk aversion and goals. Long-term, strategy/macro, investment decisions can't be timed while short-term, implementation/micro, investment decision, can!
When it comes to investments and trading I believe that the most important virtues are healthy common sense, general wisdom, sufficient research, vast experience, strive for excellence, ongoing willingness to learn, minimum ego, maximum patience, ability to withstand (enormous) pressure/s, strict discipline and a lot of luck!...
It is very hard or impossible to time the broad market consistently — there are no famous investors that got rich by consistently knowing what the broad market would do next. This only makes sense, as there are just too many variables in the broad market. But there are many famous investors who got rich analyzing individual securities, and this is where you should put your focus. You can get an edge in individual securities. Joe Springer was the number 1 ranked stock analyst in the world by tipranks.com, and on most days is still ranked in the top 5%. Joe is a Certified Technical Trainer, and enjoys teaching about the stock market as well as managing portfolios. If you would like to follow Joe on Twitter, his handle is @JoeSpringer.
Blue Harbinger is an independent investment research and consulting company. To view all of our research reports and investment strategies, please visit BlueHarbinger.com. Our focus in on value investing, income securities, capital appreciation, blue chips, and smart beta strategies.
We are headquartered in Naperville, Illinois, and our mission is to help you identify exceptional opportunities while avoiding the high costs and conflicts of interest that are prevalent throughout the industry.
Blue Harbinger was founded by Mark D. Hines after a 15-year career in the financial services industry. Hines previously managed an $11 billion equity investment program at Wespath Investment Management, and also was a portfolio manager on the active equities team at Northern Trust Global Investments. Mr. Hines holds a BS in Finance from the University of Illinois at Urbana-Champaign, and an MBA from the University of Chicago.
On the personal side, Mark lives in Naperville, Illinois, USA. If you're ever in the area, he is happy to meet you at a local coffeehouse to talk about investments and/or trading. Please feel free to get in touch.
After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a silent partner for an RIA in Houston, Texas.
The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process.
I am the Chief Editor of the REAL INVESTMENT REPORT, a weekly subscriber based-newsletter that is distributed nationwide. The newsletter covers economic, political and market topics as they relate to your money and life.
I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.
Motto: I invest in undervalued (i.e. cheap) well-established companies trading at a below market multiple.
The companies that I invest in are large stable companies with proven track records. My goal is the highest total return possible with the least amount of risk.
Professional Background: I am a healthcare practitioner with extensive experience in the pharmaceutical sector. I have a passion for investing honed over the past twenty years through various market cycles.
David Zanoni is ranked in the top 1% of blogging analysts on Tipranks.com for performance and accuracy. He focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. David is a graduate of Rutgers University with a B.S. in Management. He is an independent long term investor of quality stocks and uses options for strategy. David believes in the power of innovation, capitalism, and the characteristics of the American spirit: intellect, fortitude, and adaptability to lead our country and the world to growing prosperity. His wants to help make people money by investing in high-quality growth stocks.
My name is Ted Leach. I'm a 65-year-old investor focused on dividends in a Retirement Income Portfolio. I'm not yet in the distribution phase of retirement. After serving as a pastor for 40 years, I'm in a second career and I have two part-time jobs. As Director of Community & Property Care, I'm part of a management team that oversees 123 residential retirement units in multiple locations for a non-profit organization. I also serve a large congregation as a part-time associate pastor.
I've been a member of the National Association of Investment Clubs (NAIC) since 1982, which now operates as BetterInvesting.org. For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.
NAIC's historic "four principles" have been very helpful to me:
1) invest regularly throughout your lifetime;
2) invest in growth companies;
3) reinvest earnings and profits;
4) diversify by industry and size.
Bill Bengen's "4% Rule" concept inspired me to set a goal to create a retirement income portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets.
Here is my current 25-stock portfolio:
- 5 stocks each with a 5.2% target allocation: JNJ, XOM, MSFT, PG, MMM
- 5 stocks each with a 4.4% target allocation: WMT, MRK, IBM, CMI, GPC
- 5 stocks each with a 3.6% target allocation: EMR, SO, WEC, CNP, HCP
- 5 stocks each with a 3.0% target allocation: PEP, T, O, EPD, WPC
- 5 stocks each with a 2.4% target allocation: UNP, NNN, STAG, MAIN, EVA.
Helpful mentors and colleagues include:
- Charles Allmon, former columnist for Better Investing, taught me to look for growth stocks
- Ben Graham's The Intelligent Investor taught me the importance of intrinsic value
- Peter Lynch instilled confidence that the average citizen can win in the stock market
- Louis Rukeyser demonstrated how to ask probing questions about market conditions
- Brad Thomas introduced me to a host of real estate investment trusts
- Bob Wells' analytical discipline keeps me focused on dividend growth
- Lowell Miller's The Single Best Investment helped me focus on quality and safety
- David Van Knapp's holistic style of portfolio building helps me see the big picture
- David Fish and Factoids inspire me to keep digging for data
- Chowder reminds me that each buy is the purchase of a business
- BDC Buzz has helped me sift through business development companies
- Tom Konrad opened my mind to alternative energy investments
- George Fisher is a helpful "lookout" scanning the horizon for utility opportunities
- The Seeking Alpha community--both veterans and young contributors.
Retired Pharmacist. Call me Rose. Nose= Knows enough to know I need to keep learning and keeping a great dividend paying nest egg growing upwards.
My 83 stock portfolio is listed here by sector, largest holding by value is listed first.
Consumer Defensive: KO, PM, GIS, MO, TGT, KMB, DEO, PG, PEP, MDLZ, CLX, CL, KHC, HSY, UL.
Consumer Cyclical: MCD, SBUX, GPC, NKE, HAS, MAT, VFC, HOG, HD
Healthcare: JNJ, ABBV, CVS, AMGN, CAH, BDX
Healthcare eREITs : OHI, VTR, HCP, HCN, NHI, CCP.
Energy: XOM, CVX, OXY, VLO,
Tech: AAPL, ADP, CSCO
Tech eREIT: DLR
Industrial: BA, UNP, MMM, CMI, CAT, GWW, NSC, LMT.
Industrial eREIT: STAG
Financial: TROW, MA, V, WFC, MET
Other eReits: WPC, O, XLP, UBA, STWD ,WPG
REIT Hotel: CLDT
mREIT: ARI (very very small position) and NRZ (also small)
BDCs: MAIN, PNNT, HTGC, ARCC, NEWT (small)
Telecom: VZ and T
Utility: SO, XEL, WEC, D, MGEE, DNP, CNP, LNT, FE
DNP is a CEF which predominately holds Utilities.
Janus Capital Group Inc. (JCG) is a global investment firm dedicated to delivering better outcomes for clients through a broad range of actively managed investment solutions, including fixed income, equity, alternative and multi-asset class strategies. It does so through a number of distinct investment platforms, including investment teams within Janus Capital Management LLC (Janus), as well as INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins), in addition to a suite of exchange-traded products under the VelocityShares brand as well as global macro fixed income products under the Kapstream brand. Each team brings distinct asset class expertise, perspective, style-specific experience and a disciplined approach to risk. Investment strategies are offered through open-end funds domiciled in both the U.S. and offshore, as well as through separately managed accounts, collective investment trusts and exchange-traded products.
Andrew Walker, CFA, is a portfolio manager at Rangeley Capital LLC with a focus on small cap special situations investments. Mr. Walker also contributes to Sifting the World, a value investing forum.
David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.
At the podium, Stockman’s expertise and experience cannot be matched, and he has a reputation for zesty financial straight talk. Defying right- and left-wing boxes, his latest book catalogues both the corrupters and defenders of sound money, fiscal rectitude, and free markets. Stockman discusses the forces that have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America’s financial system to morph into an unstable, bubble-prone gambling arena that undermines capitalist prosperity and showers speculators with vast windfall gains.
Stockman’s career in Washington began in 1970, when he served as a special assistant to U.S. Representative, John Anderson of Illinois. From 1972 to 1975, he was executive director of the U.S. House of Representatives Republican Conference. Stockman was elected as a Michigan Congressman in 1976 and held the position until his resignation in January 1981.
He then became Director of the Office of Management and Budget under President Ronald Reagan, serving from 1981 until August 1985. Stockman was the youngest cabinet member in the 20th century. Although only in his early 30s, Stockman became well known to the public during this time concerning the role of the federal government in American society.
After resigning from his position as Director of the OMB, Stockman wrote a best-selling book, The Triumph of Politics: Why the Reagan Revolution Failed (1986). The book was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to the failure of the Reagan Revolution. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startlingly relevant to the conduct of Washington politics today.
After leaving government, Stockman joined Wall Street investment bank Salomon Bros. He later became one of the original partners at New York-based private equity firm, The Blackstone Group. Stockman left Blackstone in 1999 to start his own private equity fund based in Greenwich, Connecticut.
In his newest New York Times best-seller, The Great Deformation: The Corruption of Capitalism in America (2013), Stockman lays out how the U.S. has devolved from a free market economy into one fatally deformed by Washington’s endless fiscal largesse, K-street lobbies and Fed sponsored bailouts and printing press money.
Stockman was born in Ft. Hood, Texas. He received his B.A. from Michigan State University and pursued graduate studies at Harvard Divinity School.
He lives in Greenwich, Connecticut, with his wife Jennifer Blei Stockman. They have two daughters, Rachel and Victoria.
I am Seeking Alpha's CEO and Editor-in-Chief. My love for the stock markets goes back to when I was a kid. Who else remembers combing through the stock quotes at the back of the business section of your local paper?
I joined Seeking Alpha in 2006 and launched Wall Street Breakfast and Market Currents, our top-of-class short-form breaking news for investors. In 2010 I became editor-in-chief and in 2015 I became CEO.
I live in Jerusalem with my wife and a bunch of exceptional kids. Most days, you'll find me making the commute from Jerusalem to Raanana. Occasionally I get to work from my home-office, from where I keep an eye on the beautiful Judean Hills.
To contact me, send me a direct message, or email me at firstname.lastname@example.org.
WisdomTree launched its first ETFs in June of 2006, and is currently the industry's fifth largest ETF provider.
The WisdomTree Seeking Alpha profile will feature content by some of our leading analysts including:
Luciano Siracusano is WisdomTree's Chief Investment Strategist and Head of Sales. He is the co-creator with CEO Jonathan Steinberg of WisdomTree's patented Indexing methodology and has led the firm's sales force since 2008. Luciano is a regular guest on CNBC and FOX Business, and speaks frequently on ETFs, indexing and global financial markets. A former equity analyst at ValueLine, Luciano began his career as a speechwriter for former New York Governor Mario Cuomo and HUD Secretary Henry Cisneros. He graduated from Columbia University with a B.A. in Political Science in 1987.
As WisdomTree’s Director of Research, Jeremy Schwartz offers timely ideas and timeless wisdom on a bi-monthly basis. Prior to joining WisdomTree, Jeremy was Professor Jeremy Siegel's head research assistant and helped with the research and writing of Stocks for the Long Run and The Future for Investors. He is also the co-author of the Financial Analysts Journal paper “What Happened to the Original Stocks in the S&P 500?” and the Wall Street Journal article “The Great American Bond Bubble.”
Christopher Gannatti began at WisdomTree as a Research Analyst in December 2010, working directly with Jeremy Schwartz, CFA®, Director of Research. He is involved in creating and communicating WisdomTree’s thoughts on the markets, as well as analyzing existing strategies and developing new approaches. Christopher came to WisdomTree from Lord Abbett, where he worked for four and a half years as a Regional Consultant.
Rick Harper serves as the Head of Fixed Income and Currency for WisdomTree Asset Management, where he oversees fixed income and currency products developed through our collaborations with the BNY Mellon Corporation and Western Asset Management. Rick has over 19 years investment experience in strategy and portfolio management positions at prominent investment firms. Prior to joining WisdomTree in 2007, Rick held senior level strategist roles with RBC Dain Rauscher, Bank One Capital Markets, ETF Advisors, and Nuveen Investments.
Bradley Krom joined WisdomTree as a member of the Fixed Income and Currency team in December 2010. He is involved in creating and communicating WisdomTree’s thoughts on currency and fixed income markets, as well as analyzing existing and new fund strategies. Prior to joining WisdomTree, Bradley served as a senior trader on a proprietary trading desk at TransMarket Group.
Tripp Zimmerman, Research Analyst
Tripp Zimmerman began at WisdomTree as a Research Analyst in February 2013. He is involved in creating and communicating WisdomTree’s thoughts on the markets, as well as analyzing existing strategies and developing new approaches. Prior to joining WisdomTree, Tripp worked for TD Ameritrade as a fixed income specialist. Tripp also worked for Wells Fargo Advisors, TIAA-CREF and Evergreen Investments in various investment related roles. Tripp graduated from The University of North Carolina at Chapel Hill with a dual degree in Economics and Philosophy. Tripp is a holder of the Chartered Financial Analyst designation.
Jonathan Steinberg, CEO
Prior to establishing WisdomTree, Jonathan founded, and served as Chairman and CEO of Individual Investor Group, Inc. From 1998 to 2004, he held the role of Editor-in-Chief of Individual Investor and Ticker magazines. Before his entrepreneurial accomplishments, Jonathan was an Analyst in the Mergers & Acquisitions division at Bear Stearns & Co. He attended The Wharton School at the University of Pennsylvania and is the author of Midas Investing, published by Random House in 1996.
Zach Hascoe, Capital Markets
Zach Hascoe began at WisdomTree in August 2010, and works directly with David Abner, Head of Capital Markets. The Capital Markets group is involved in all aspects of the WisdomTree ETFs including product development, helping to seed and bring new products to market, as well as trading strategies and best execution strategies for the client base. Zach works closely with the trading and liquidity community and does analytics on ETF baskets and the capital markets. He is a frequent contributor to the WisdomTree blog on topics related to the capital markets, liquidity, structure and best execution. In addition, he manages the hedge fund relationships for the firm. Zach received a B.A. from Bucknell University and was Captain of the Bucknell Tennis Team.
Mr. Berger is the creator and developer of the YDP screening tool, a chart system and its analysis for screening and monitoring dividend income equity investments. The recipient of Seeking Alpha's Outstanding Performance Award, he also has been Seeking Alpha's #3 ranked Author for Income Investing Strategy & #4 for Utilities.
20 years of sitting in the board room gives me unique insights into Oil & Gas investments and corporate deal making in general. Additionally, he offers a Premium Research subscription service for boosting income while reducing market risk using covered option writing on a dividend income equity portfolio.
Residing in Brazil gives me a local's inside view on the pulse of its economy, politics, investment climate and breaking news. A view of my front yard is available here.
A former Chief Operating Officer, Director, Vice President and General Manger of Oil and Gas for Southern Pacific's Oil and Gas Operations, Business owner, geologist, and cribbage player, I've been an investor for over 48 years (started young at 13) and learned my lessons the way that makes them stick, by hard knocks and both big and little mistakes. Hopefully I can share some of those lessons with others.
I am an American expatriate that decided to retire at age 57 in 2009 and now live in Brazil. As an early retiree I invest for income and manage portfolio risk by screening for strong and reliable historic data along with favorable fundamental and technical current trends.
I spend 6 months/year living at home in Brazil and 6 months/year traveling the world. I have structured my financial positions so that I live virtually tax free with much of my income exempt from US tax since I live ex patriot and a lot of my US derived income over the annual ex-patriate exemptions is held in my tax free ROTH and tax deferred IRA/SIMPLE plans. This enables my tax savings to pay for my 6 months of annual traveling :) .
My investing is for income and appreciation with a balance of low to moderate short term risk and low long term risk. To accomplish this I use quality dividend payors with a long track record of steady or increasing dividends along with slowly appreciating equity prices. I target a 6 to 9 % yield and almost exclusively require a minimum history of 5 years of steady/increasing dividends and no decreases in dividend ever or at least past 10 years. I diversify through sector, country and currency unit the stocks are traded in, and security type (equity, royalty trust, REIT, mlp, etf, and ADRs).
I use covered call writing to enhance my portfolio yield with no added risk. In fact, it lowers the risk substantially. Once I identify a stock I want to own and an entry price for it, I write cash covered puts at or below that entry price (with a minimum of 1%/month time premium. Thus i obtain at least a 12% annualized yield before compounding just from the option premium.
Likewise, I use the sale of cash covered puts to generate income and and generally get an entry point at 5 to 10% below my acceptable entry level price if/when the put stock does get presented. Thus my strategy provides a 12% pre compound yield on cash and entry into stock purchases at a 5 to 10% discount from "retail".
Because I only select stocks that I am willing to hold long term for their reliable dividend yields of > 6%, I am not concerned much with market volatility or short/midterm risk. Indeed, market volatility is my friend since it increases the premiums paid on the options I sell. I also selectively sell covered calls on positions I hold long so as to add to my yield that way while not taking on any additional risk.
This strategy has kept me happily living off my portfolio income and traveling 1/2 the year while my portfolio has been slowly increasing in value even after my harvesting income for living expenses. Of course my income will incrementally increase when social security kicks in for me in a few more years and I may then slightly mofidy my goals and strategies.
Readers can get an e-mail once a day from Seeking Alpha that lists all newly published articles of ALL the authors they follow in a single e-mail. To get these updates:
- a - Click "Alerts" along the top menu tab (just left of the green PRO tab)
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Dr. Joel West is professor of Innovation & Entrepreneurship at the Keck Graduate Institute, one of the seven Claremont Colleges in Los Angeles County. He was co-editor of the book Open Innovation: Researching a New Paradigm (Oxford, 2006). His consulting focuses on IP strategies and business models for software and Internet service companies. Before KGI, he spent nine years as a faculty member at the San Jose State College of Business, was president and co-founder of Palomar Software and also a columnist for MacWEEK.
For more information, see Joel’s website (http://www.joelwest.org/) and the home page for his blogs (http://www.joelwest.org/blogs).
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
Sign up here to receive the Wall Street Breakfast in your inbox every business day: http://seekingalpha.com/account/email_preferences
Founder of Dividend Mantra. Passionate investor and writer. Coach. Best-selling author. Interested in finance, fitness, and travel. Focus on high-quality dividend growth stocks with excellent fundamentals and competitive advantages trading at attractive valuations. Aiming to become financially independent by 40 years old.
I am a quantitative model designer. I build customized portfolio solutions for brokerages, family offices and individual clients around the world. Some of the models required the capacity to trade hundreds of millions of dollars.
I would best describe myself as a value investor looking for entries based on events such as upgraded earnings forecasts. I minimize risk by analyzing short interest, diversifying across industries, blending multiple models of low correlation or using market neutral strategies.
Ranked #18 overall blogger by TipRanks for 2014.
University of Virginia, class of 2011 B.A. English
I am a young investor focused primarily on dividend growth stocks. Seeking Alpha, and more specifically, the dividend and income community that exists here, has played a significant role in my development as a portfolio manager. I am not a professional, though I do manage my family's finances. I enjoy the process; the research, the decision making, the strategic planning...and not paying a financial adviser to do the work for me. I've built what I believe to be a conservative, diverse, and balanced dividend growth portfolio currently consisting of 48 positions. Thus far, I've been able to meet by goals from income, income growth, and capital appreciation standpoints. I use a wide variety of metrics, both fundamental and technical, when establishing fair value when doing my due diligence on an individual company. All of my methods are discussed in my work here. I hope this work inspires debate, conversation, and education - this is why I write for Seeking Alpha, to give back to the community that has helped me so much and to hopefully contribute, in some way...even if its by posing a question, to the growth of others.
Lastly, I began doing this in early 2015 and I plan on continuing to do so: I donate as much of the earnings that I get from SA on a monthly basis to various charities. Depending on how active I am writing each month, and what sort of side projects I have going on at the farm my wife and I recently purchased, the amount donated each month differs. However, I am pleased to be able to give back - I think its important to stay grounded and gracious when focusing so much on finances and these monthly donations help me not to lose sight of generosity.
*I should note that all articles that I write here are done so for my personal informational/educational purposes only. Any purchases that I make or opinions that I express are not meant as recommendations for anyone else. Please perform your own due diligence before following my lead into or out of a position. I am not a professional. I enjoy investing and the open discussion that articles on this site inspire - this is why I write, not to influence anyone else's decisions, but to enhance my own ability to make sound financial choices. That being said, I wish the best of luck to everyone. May we all meet our own financial goals.
Peter George Psaras, has been investing for over 40 years and has expertise in the following:
1) Quantitative Analysis
2) Qualitative Analysis
3) Macro Economic Analysis
4) Technical Analysis
5) Stock Market History
He is the CEO at Conservative Equity Investment Advisors, a registered investment advisor based in New York.
I joined Seeking Alpha in February 2014 as editor of the biotech vertical. In addition to onboarding new contributors, my job is to make sure Seeking Alpha provides high-quality and comprehensive coverage of the biotechnology and health care sectors. I am always looking for new ideas, so please reach out if you're interested.
Individual investor focused upon a limited number of diversified stocks. Seeks stocks selling below fair value; favors dividend growth. Advocates fundamental investment analysis, supplemented by the technical charts. Options strategies primarily employed to generate additional income or hedge risk.
I'm the lead investment research analyst for income and dividend investing at Investors Alley, an independent investment research service. My primary role is editor of several investment advisories bringing deep dive research and actionable income and dividend investment recommendations to investors. These advisories include The Dividend Hunter, 30 Day Dividends, and Tax-Smart Income Hunter.
Prior to joining Investors Alley, I was a stock broker, a Certified Financial Planner, and an F-16 fighter pilot and flight instructor with the United States Air Force. In addition to my primary duty of flying the F-16 to defend our nation's skies I was an instructor in the F-16 Flying Falcon as well as the OV-10 Bronco. During my time in the service I was stationed at various military locations in including Osan AB, Korea, Patrick AFB, Florida, and Nellis AFB in Las Vegas. I graduated from the United States Air Force Academy with a degree in mathematics.
It was during those years when I was a Certified Financial Planner and helping families and individuals plan their finances and make wise investment decisions that found my second passion in life: investment research. (Flying was and still is my first.)
My area of specialty is evaluating income generating investments to find the combination of sustainable and growing dividends, special dividend opportunities, and share price appreciation driven by management's commitment to dividend growth. I have a particular emphasis on master limited partnerships, business development corporations, and real estate investment trusts.
I've previously written for USA Today, The Motley Fool, eHow, SFGate, Chron.com, Wikinvest.com, Moneynews.com, iStockAnalyst, among others, and have contributed vast firsthand research to a major provider of data on master limited partnerships, another area of extreme interest to me. Along with my duties with Investors Alley I'm a regular contributor to Seeking Alpha.
In addition to the articles posted here on Seeking Alpha you can find my investment analysis on the Investors Alley website and the weekly newsletter, The Market Cap.
I have retired from a 35 years career in the semiconductor industry. I now have the time to do the deep research necessary for successful investing.
I freely provide investment information for friends and family.
I am a member of MENSA, which means precisely nothing except I wake up in the middle of the night doing pointless math problems in my head:)
Bill Gross is a Portfolio Manager responsible for managing the Janus Global Unconstrained Bond Fund, and all related portfolios, and leading efforts to build out Janus' global macro fixed income capabilities. He also serves as an integral member of the Janus Capital Group Global Allocation Committee focused on the expansion of Janus' global asset allocation business. He is based in Newport Beach, California. Mr. Gross co-founded PIMCO in 1971 and served as managing director and Chief Investment Officer until joining Janus in 2014. Throughout his career, Mr. Gross has received numerous awards including Morningstar Fixed Income Manager of the Decade for 2000-2009 and Fixed Income Manager of the Year for 1998, 2000 and 2007. He became the first portfolio manager inducted into the Fixed Income Analysts Society’s Hall of Fame in 1996 and received the Bond Market Association’s Distinguished Service Award in 2000. In 2011, Institutional Investor magazine awarded him the Money Management Lifetime Achievement Award. He is a renowned expert within the bond market and is at the forefront of thought leadership on the subject of fixed income investing. He is also author of the books, Everything You’ve Heard About Investing is Wrong and Bill Gross on Investing.
Mr. Gross holds an undergraduate degree from Duke University and an MBA from the Anderson School of Management at the University of California, Los Angeles. He has 44 years of financial industry experience.