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  • Dividend Reinvestment Revisited: The Coca-Cola Millionaires [View article]
    I'm in the late stages of accumulation, and have a taxable account with E*Trade. I DRIP 100% of my dividends, and either buy a new dividend stock (or add to a current position) with money I receive from a pension (I continue to work) every month. The DRIP costs nothing, E*Trade does the bookkeeping. The taxes on the dividends are lumped into my overall outrageous "fair share" .. The MLP accounting is a bit tedious, and slows down the completion of my tax return, since many MLPs don;t send year end information until well into March. But since I normally write a "nominal" electronic check on April 14, that delay doesnt cost me anything extra. And Turbo Tax is adequate to fill out the K-1's witout major hassle. Unlike many who avoid MLPs, I'm quite content with owning SXL, KMP and FUN and collecting their dividends along with the others .. Since I already add to my portfolio monthly, my logic is to continue investing in the stocks I picked for my portfolio.. if I didn't want to do that, they shouldn't be part of my holdings in the first place .. and its automatic .. no extra decisions to make, other than regular reviews of the overall portfolio .. and the power of compounding on a winner is awesome !
    Apr 15 04:29 PM | 1 Like Like |Link to Comment
  • Dividend Reinvestment Revisited: The Coca-Cola Millionaires [View article]
    Well said dividend dynasty, and as some of us gray (and white) hairs have been saying, it's our job as parents to teach our twenty and thirty something children the benefits of delayed gratification ..Hurray to Tmoney94 for buying a ticket to that train, instead of jumping into that shiny quick depreciating Mercedes.. Ride couch for a while and you'll never regret it .. PS Daughter is a Wolverine and proud of it ..
    Apr 13 01:08 PM | 4 Likes Like |Link to Comment
  • Selecting Stocks For My Second Quarter Watch List [View article]
    Purchased 200 MHLD in December .. You probably know its closely held by the Karfunkel family, and also to AFSI .. I'm a believer inmthe golden touch of this family and Barry Zyskind, so after I found it in a similar search, considered that icing on the cake .. Cracker Barrel looks solid but overvalued at this time to me .. For utilities, I'm looking at the water area instead of traditional utilities, with AWK tops on my list, albeit with only a 2.5% yield .. Appreciate the logic of your pickings and share your concern with overweighting on MLPs
    Mar 22 09:49 AM | Likes Like |Link to Comment
  • GeoInvesting Presents Additional Evidence To Support Assertions On AmTrust [View article]
    Keep trying ... but youre wasting time and space .. Your credibility is already shot, so you have nothing more to lose there.
    Jan 14 04:55 PM | 5 Likes Like |Link to Comment
  • How To Use Leveraged Dividend Growth Investing [View article]
    Probably one of your all time worst articles that diminishes your normally sound analysis of various companies. Even at low interest rates, margin has no place in a DGI strategy. Buying stocks with credit cards ?? Please !!! If you want to expound on this kind of activity .. change your name to Penny Stock Stock Investor or something like that .. Why don't you do some backtesting of this brainless idea and see what would have happened to you in October 1987 ?? You can't time the market .. DGI investors don;t try to time the market .. and suffering just one small blip when exposed to margin can wipe out many years of carefully chosen dividend growth in your portfolio .. Feel free to use margins and options in your aggressive growth portfolios, but not in a DGI plan ..
    Dec 20 11:16 AM | 6 Likes Like |Link to Comment
  • Dividend Growth Investing: Misguided And Doing It All Wrong [View article]
    Just plain outstanding .. thank you
    Dec 20 11:07 AM | 1 Like Like |Link to Comment
  • Can Calumet Specialty Products Partners Turn The Corner? [View article]
    I capitulated at 28 and am treating it like a leper for the foreseeable future
    Dec 4 11:28 AM | 1 Like Like |Link to Comment
  • Retirees: What Is The Best Choice For A Small Income Portfolio? - Part 2 [View article]
    Thanks Bob .. enjoy your articles and respect your discipline. I do have a question on your sale of overvalued winners.. As a long term investor, I would think you would focus more on yield on cost vs current yield or value .. If you are fairly agnostic to the price of the stock going down, being content to collect the dividends, why wouldnt you let the winners ride, as long as they continue to give you the compound dividen growth rate that led you to uy them in the first place ?

    I'd also like to share with you my growing dividend stock portfolio and situation as a point of reference. I am currently blessed with both a full time executive job, a pension and a 401K. The pension started about 14 months ago, and I deposit $ 2800 / month into my dividend stock account, with automatic dividend reinvestment (DRIP). FYI I plan to work 3-4 more years, but havent decided when I will start to draw from this account. My current holdings are: (num shares, Stock, purchase price)
    100 FLIC 31
    100 OHI 23.51
    100 MO 31.85
    100 WAG 35.43
    100 SXL 49.1485
    100 TCAP 25.5385
    100 SNH 23.8586
    100 LEG 29.645
    100 GE 21.297
    100 O 41.35
    40 MCD 99.99
    65 RCI 39.31
    35 KMP 79.9
    30 JNJ 90.79
    65 WM 41.74
    60 FUN 45.24

    I have large gains in SXL and WAG, and respectable gains in OHI and FLIC. I've also tried to be diversified by industry and by value . core and small medium large. Im content with the outlook for these winners and plan to hold, even though the first two occupy a bit higher portion of the portfolio. I admit that I am not a good "seller", as alas Ive sold two losers this year, AGNC and CLMT.. I want to be patient yet not ridiculously optimistic. Perhaps a rising stop loss on some of these positions might be more appropriate, leaving myself some correction movement ? Apologize for the length, but value the thoughts ..
    Nov 24 07:23 PM | 2 Likes Like |Link to Comment
  • Bogle's Views On Retirement Income [View article]
    DVK .. very good article.. Glad to see the whiny and nit pciky comments settle down and a more substantive discussion ensue on the concept of fixed pensions .. whether they be government (SS) or corporate (defined benefit plans) be considered as part of the fixed income portion of the portfolio ..

    DC .. great comments as always - younger folks might reflect on an older generations values of making lemons out of lemonade instead of asking the government (and anyone else who will listen) for compensation and relief that the water tastes sour ..

    I'm a detailed numbers person by trade, but instead of nitpicking to the fourth decimal, use your articles for instructive and supportive ideas for my own investment portfolio ..

    Thanks to you both ..
    Jul 19 11:38 AM | 1 Like Like |Link to Comment
  • Realty Income: Hey There Little REIT Riding Hood [View article]
    I've been patiently waiting and pulled the trigger at 41.35 .. you beat me by seven cents ..
    Jun 26 12:56 PM | Likes Like |Link to Comment
  • American Capital Agency: Time To Abandon Ship? [View article]
    I have capitulated... gone and its no longer on any radar screen
    May 29 02:52 PM | 1 Like Like |Link to Comment
  • American Capital Agency Corp.'s Earnings Disaster - A Warning Of Things To Come? [View article]
    just bought some short term 29 puts at 36 cents to protect against a dividend cut
    May 4 09:26 AM | Likes Like |Link to Comment
  • Don't Expect Pitney Bowes To Slash Its Double-Digit Dividend Yield [View article]
    and you dont expect them to cut their dividend
    May 1 02:35 PM | Likes Like |Link to Comment
  • Don't Expect Pitney Bowes To Slash Its Double-Digit Dividend Yield [View article]
    Put a fork in em .. They are done .. It's dead money .. A one product company dependent on snail mail .. Rationalize all you want ..
    May 1 02:07 PM | Likes Like |Link to Comment
  • Michael Dell's Buyout Drama: Possibly Scripted [View article]
    If icahn and company are so convinced that DELL is worth $ 23-24 / share, they should put a tender offer to Michael Dell to buy all of his shares at that price... When was the last time DELL traded at that price ?? Thats right .. four or five years ago.. and if you bought at that price you would have been bloodied by the falling knife that you tried to catch .. Many companies trade at a discount to book .. DELL has been mismanaged and outmanouvered for a decade. MR Market has set the value of DELL at $ 9-11 .. and all of this recent noise has propped things up .. If Michael decides a fight isnt worth it, watch the stock drop back to those levels .. If its a court fight, what will the plaintiff's argument be .. they wish the stock was trading north of 20 ?? Come on Man !
    Mar 7 05:07 PM | Likes Like |Link to Comment
COMMENTS STATS
38 Comments
49 Likes