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  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    Aloha Chuck,

    Nice article but I have a question: Why did you chose P/E in your analysis of NLY and P/FFO in your analysis of Realty Income? Are they both not REITs? Isn't P/FFO the most appropriate metric for both REITs?

    Sep 11 01:59 PM | Likes Like |Link to Comment
  • High-Yield BDCs For Q3 2014: Part 3 [View article]
    I've had no issues trading any of the 2x ETRACS ETNs with Interactive Brokers.
    Aug 13 02:30 PM | Likes Like |Link to Comment
  • Will The High Premiums For The PIMCO High Income Fund Continue To Erode? [View article]
    Aloha Left-
    I enjoyed the article and also your recent articles about the ETRACS ETNs. I agree with your point of view on the premium for some of these PIMCO funds. If the distributions were growing that would be one thing, but I can't understand such a high premium for a brand name. I'd like to see PHK and PTY (which actually did increase distributions in '11 or '12) come down a little bit more before adding to CEFL; IMHO it's the premium in PHK that tanked CEFL the past few days. Keep up the good work.
    Aug 7 11:18 PM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Most people follow the "don't put all your eggs in one basket" mantra (above comments echo that), few follow "keep only your best eggs and guard that basket with your life". The argument for the former is diversification; the argument for the latter is to stay within your core competence and focus your efforts. Typically the "guard the basket with your life" approach is reserved for business owners, entrepreneurs, and real estate developers that actually have control over the business decisions and hands on management of the business. I say good luck to you sir and I will follow with interest.
    Jul 24 05:46 PM | 4 Likes Like |Link to Comment
  • Just How Risky Is High-Yield Dividend Investing? [View article]
    Good Read Adam. Should be Editor's pick.
    Jul 3 08:18 PM | 2 Likes Like |Link to Comment
  • Don't Let Income Strategy Bias Intimidate You [View article]
    Funny, I keep a similar tracking spreadsheet and forecast income growth YoY.
    Mar 31 02:44 PM | 2 Likes Like |Link to Comment
  • Don't Let Income Strategy Bias Intimidate You [View article]
    Adam... I don't comment much anymore, but great article. This passage hit home for me:

    "Therefore, when he states, "there doesn't appear to be any advantages to a strategy of investing in dividend-paying stocks," I think he misses the point of what a dividend payment represents and why some investors are highly attuned to receiving them."

    I look at it this way, at some point when the dividend payments grow (however you choose to grow them) beyond your needs to support your way of life, you've reached the finish line in the rat race and trading your time for income becomes optional. Dividend payments can be actual dividends paid from stocks, or it could be a portion of rent you collect that you pay to yourself, whatever you want to call it, passive income. Some people are more interested in creating and growing passive income from investments than trying to eek out every last % of total return. Beauty is in the eye of the beholder.
    Mar 26 02:19 PM | 3 Likes Like |Link to Comment
  • Bovie Medical: Buy The Business, Get A Multi-Billion Dollar Product Pipeline Free [View article]
    Thanks for the update.
    Mar 24 02:03 PM | Likes Like |Link to Comment
  • Oxford Lane Capital's Holiday Surprise: 9% Dividend Increase Plus Bonus Payment [View article]

    I figured the rights offering was a week+ before the ex-date so that current investors could benefit from having the extra shares before the dividend and special dividend next week.
    Mar 7 01:37 PM | 1 Like Like |Link to Comment
  • Oxford Lane Capital's Holiday Surprise: 9% Dividend Increase Plus Bonus Payment [View article]
    Any thoughts on when they might be distributing the shares? I figured 3-4 days tops.
    Mar 7 01:05 PM | Likes Like |Link to Comment
  • Review Of 2013: Why My 9% Yield Excites Me More Than My 18% Total Return [View article]
    I was wondering why OXLC jumped today.
    Feb 19 07:07 PM | Likes Like |Link to Comment
  • Optimal Cash Allocation For Dividend Investors [View article]
    Mine is not in an IRA either, that is one reason why I picked PSEC. Any sales have a minimal capital gain because the share price has a fairly stable range. Most of the gain is in the dividend.
    Feb 18 05:42 PM | 1 Like Like |Link to Comment
  • Optimal Cash Allocation For Dividend Investors [View article]
    Yeah, there are a multitude of ways to work with the FRIP, it's a nice feature. At first I just wanted to build up my position in PSEC so that's how I set it up, then I got to thinking why not just let it get overweight, then trim and put the proceeds into something on the watch list or build up another position at a good value, repeat. Either way, the point was to be earning 12% compounded into more shares monthly instead of 0.01% on cash. For a lack of a good idea every month, FRIP to PSEC and I can deal with the price flux.
    Feb 18 05:29 PM | Likes Like |Link to Comment
  • Optimal Cash Allocation For Dividend Investors [View article]
    Interesting article DGI, certainly a topic worth discussion. I have wavered back and forth over how much cash to hold or to keep fully invested as I'm sure many others have as well. The solution I have come up with for myself is this... and this is not intended to be an ad for Scottrade... I use Scottrade and several months ago they started a flexible dividend reinvestment program (FRIP instead of DRIP) that you can set up to pool all your dividends and reinvest them on a pre-planned schedule monthly, bi-monthly, quarterly, whatever, with no commission fees. Other brokerages might have something similar, but I don't know. All but one of my stock holdings pay dividends, one of them is PSEC. I pool all my dividends together through Scottrade's FRIP and buy more PSEC once a month, the same day every month, with the last month's dividends from all my holdings and it is automatic and I don't have to do anything. My PSEC position grows rapidly and pays me +/-12%. To me, that's better than 0.01% interest on cash and since the annual share price of PSEC has a typical range of not too much more than the annual dividend, I just look at my PSEC holdings as a proxy to cash in my account. If something on my watch list is priced right, sell some PSEC and buy the stock, which will likely pay a dividend and buy more shares of PSEC when I start to collect the dividends. Same if it looks attractive to add to an existing holding or if PSEC gets very overweight in the portfolio, sell a little PSEC and buy the other stock. Anyway, with a busy professional life, family, etc. this method insures that I am always reinvesting and compounding the dividends and it makes me think twice about "market timing" activities, but I do keep a little cash on hand, about enough to start a 1/2 position or less and that's it. If the facts change for PSEC, then it becomes time to find another proxy.
    Feb 18 02:26 PM | 5 Likes Like |Link to Comment
  • Trouble Ahead For TAL [View article]
    The short squeeze comes later.
    Jan 11 07:30 PM | Likes Like |Link to Comment