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  • Differing Outlooks On The Market [View article]
    nice chowder--I'm still stalking LOW and a few others first, but I'll be very interested to see how DKS turns out for you.

    do you intend to return to less speculative stocks for future Project $3 Million purchases this year, or will it wholly depend on valuation? also, do you have a specific percentage of this portfolio which you allocate towards utility stocks? It looks to be around 6% right now between the two holdings of D and SO.
    Jul 7, 2015. 10:57 AM | 1 Like Like |Link to Comment
  • My 30 Stocks For 30 Years: Q2 2015 Update [View article]
    this is a minor quibble, but depending on how impt sector allocation is to you, you may want to check with a few sources to make sure your stocks are categorized in the correct sectors.

    for example, CSX and FAST are most often considered industrials, along with GE. NKE is almost always put in the Consumer Discretionary sector (or as you call "Services), since it's less of a necessity purchase, like DIS. Arguably, CVS and COST belong in the same sector as well. some of this is subjective obviously, but if you do enough rejiggering, you might find yourself overexposed to certain sectors or underexposed to others.
    Jul 6, 2015. 10:45 PM | 1 Like Like |Link to Comment
  • Are Dividend Growth Investors Livin' Too Large? [View article]
    have you ever looked at DKS (Dick's Sporting Goods), PZZA (Papa Johns), TXRH (Texas Roadhouse), CAKE (Cheesecake Factory), WSM (Williams Sonoma) ,AZO (Autozone), HSNI (Home Shopping Network), VSI (Vitamin Shoppe), SHOO (Steve Madden), BKE (The Buckle), AAN (Aaron's), CRI (Carter's), TIF (Tiffany's), LB (L Brands)?
    I haven't done any due diligence on any of these but most of these are consumer stocks from Crossing Wall St's annual watchlists.
    Jul 1, 2015. 10:42 PM | Likes Like |Link to Comment
  • W.P. Carey: A Real Estate Investment For All Seasons [View article]
    maybe--what's your NNN buy price? I nibbled on a little OHI yesterday...
    Jun 26, 2015. 01:48 PM | 1 Like Like |Link to Comment
  • W.P. Carey: A Real Estate Investment For All Seasons [View article]

    Did you buy a full stake in WPC? if not, have you considered topping off your position on a day like today?
    Jun 25, 2015. 12:03 PM | Likes Like |Link to Comment
  • Shopping For REITs Today? Conduct A Competent Inspection [View article]
    timely article, Adam. Volatility should be embraced rather than feared with regards to purchasing quality stocks. I don't know where the bottom for REITs will be, but I suspect that if investors wait until after rates have been raised (be it September, December, or 2016), they may miss out on some good entry points.

    I had not added to my OHI position since Nov 2012 until today. Happy with my purchase price of $34.71.
    Jun 25, 2015. 12:00 PM | Likes Like |Link to Comment
  • W.P. Carey: A Real Estate Investment For All Seasons [View article]

    I actually had my eye on some utes to buy, but I'm finding today's REIT prices very tempting. any reason why you've changed your mind and are now deciding to wait?
    Jun 25, 2015. 11:28 AM | 1 Like Like |Link to Comment
  • Differing Outlooks On The Market [View article]
    Agreed, Scott. Long WBA and WMT, but not CVS or COST at the moment.

    Btw, did you see that DIS raised its dividend 14+% and it's gonna pay semi-annually now? Ex-dividend date is at the beginning of July. Wow.
    Jun 24, 2015. 04:52 PM | 3 Likes Like |Link to Comment
  • Differing Outlooks On The Market [View article]
    I know COST gets a lot of love over WMT (and perhaps deservedly so), but for my money, I like CVS over COST. They obviously inhabit different areas of the retail sector, so you wouldn't go wrong by investing in both, but I like that CVS isn't as richly valued and has better growth prospects, the fact that they inhabit the healthcare care space, plus their deal to take over Target pharmacies.
    Jun 24, 2015. 04:18 PM | Likes Like |Link to Comment
  • Should You Ever Overpay For A High Growth Company? [View article]

    I really like your "Ask Yourself" section at the end of of your articles---it's unique and it gives one a lot of food for thought. I think it also has the potential to stimulate a lot of great comments.

    Also, do you place the most weight on EPS growth for this year, next year, or the next 5 years?

    Take BDX for example:
    It's EPS growth for this year is 13.30%, but next year it goes way up to 19.6%, but then analyst estimates for the next 5 yrs dips down to 10.21%, and the past 5 yrs were much lower at 5% per year. Obviously this year's will be the most accurate, although that guidance can always be lowered or raised too. But you really want to buy a stock based on what its future growth is going to look like…

    If anyone has thoughts on this, please chime in.
    Jun 24, 2015. 03:25 PM | Likes Like |Link to Comment
  • Differing Outlooks On The Market [View article]
    nice chowder--I like that your commitment to these investments is longer term.

    I treat each speculative investment differently. With GILD, which I purchased in 2007, that was a buy and hold. So is ESRX, which I purchased in Feb of 2014. However, I just sold 2/3 of my BAC position at a 140% gain (bought in 2012) and my F position (also bought in 2012) will follow suit--as those are inherently more cyclical speculative investments.

    My next spec will most likely be CELG or BIIB or CTSH, but I definitely intend to track your retail plays. If LOW or CVS come down in value, I want one of those to be my next consumer discretionary stock purchases. Plus, my friends and I are Sephora girls…never actually been inside an ULTA myself. Maybe there aren't that many in Southern California? We regularly get gift cards from Sephora for each other for birthdays/holidays--I think it appeals to a young, cosmopolitan, upscale consumer.

    And then of course I get my groceries from the much less upscale WMT, haha. Which BTW, before anyone counts out WMT, did you see this article about how WMT is the store of choice for millennials? It didn't surprise me, actually.

    Just added to my NSC position today too.
    Jun 24, 2015. 01:53 PM | 1 Like Like |Link to Comment
  • Differing Outlooks On The Market [View article]

    I'm a bit late to the commenting party here, but I just wanted to say that I LOVE your newest moves with Project $3 Million--partially because it's starting to eerily look like my portfolio now. :-) I can't speak specifically to your choices of BWLD and ULTA, but I've always rooted for a little more growth in the portfolio.

    Can you discuss what your strategy will be as far as holding these two speculative stocks? Will you trim gains? Do you hope to eventually move them to supporting roles? If the stocks tank by 10%, is that an immediate sell for you? I think it will be interesting to see if you can resist the temptation to sell and hold onto them long enough to get the really spectacular gains (not just 50%, but 500% or more).
    Jun 24, 2015. 12:09 PM | Likes Like |Link to Comment
  • Top 10 Utilities For Dividend Growth And Income [View article]

    Thanks for the update on your XEL and D purchases. I just sold BAX at the end of last week--not pleased with the total return, but I've been trying to raise cash for purchases. Bought some HSY on Friday and some utes are next on my list to round out the more stable portion of my portfolio. Not sure what it'll be yet, but my goal is to make some purchases in time for their ex-dividends by end of July-mid-August.
    Jun 23, 2015. 10:52 AM | Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]
    very interesting--I'm much more likely to sell a stock with no gains and keep a stock with much bigger gains. often this is for tax purposes. do you think you're operating out of fear that your gains will evaporate if you don't sell right away?

    sorry, my mistake--I thought you sold out of the position.

    I definitely have an eye towards total return, even though I am also a DGI. So my decision to sell QCOM is based on numerous earnings disappointments, my overexposure to the tech sector and most importantly zero lack of total return. Pull up a chart and see how it has performed since 2012. Maybe if its yield were above 4%, I would be more accepting of its lack of capital appreciation. If I'm wrong, I'm happy to buy back in--I'm not worried that QCOM is shooting to the moon anytime soon.
    Jun 22, 2015. 12:17 PM | 2 Likes Like |Link to Comment
  • Choosing Which Stocks To Sell For A Big Purchase [View article]

    It seems as though you're making some of your sales based on valuation. The problem is some stocks never become undervalued, because their earnings keep on growing--and analysts/S&P IQ & M* keep revising their price targets & fair values upward. Thus, I almost never sell based on valuation. I learned my lesson when I sold COST a couple of years ago based on valuation…bought at $80, sold at $102. and the stock has kept on marching upward. If you consistently sell overvalued stocks and keep undervalued stocks in your portfolio, you may find yourself owning a bunch of losers and selling your winners.

    Personally, I would've kept SBUX and sold MCD (as you mention above) and kept MSFT and sold QCOM (based on your figures for earnings growth).

    I have no set rules for selling any stock; I evaluate every situation on a case by case basis. However, I do try to give stocks a long leash, so I often trim stocks first before I sell. I am currently trying to raise cash for stock purchases, so I recently trimmed my MCD by about 20% and sold all of my BAX as well. I have held both stocks for a couple of years and believe that the future for both in terms of both earnings growth and dividend growth is uncertain. I'm willing to give MCD more time to turn it around, but will continue to trim if I don't see progress. I am also considering selling my QCOM position.
    Jun 22, 2015. 11:30 AM | 2 Likes Like |Link to Comment