Seeking Alpha

kolpin

kolpin
Send Message
View as an RSS Feed
View kolpin's Comments BY TICKER:
Latest  |  Highest rated
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    david--fidelity tends to offer free trades and other goodies upon either opening an account with them or transferring in a new chunk of money.

    however, if i were you, I would definitely call them and ask. I'm almost 100% sure if you speak to someone, they'll throw some free trades your way. and if they won't give it to you, call back and talk to someone else. my rule of thumb is keep on trying til they give it to you.

    they're also great about extending the expiration dates and divvying up the free trades between accounts. (let's say 50 in your Trad IRA, 100 in your Roth, 50 in your taxable)

    I got 200 free trades 2 years ago which have now expired, and I fully intend on calling them next year and asking for more free trades. Why? to keep me as a loyal customer or I shall be very, very tempted to move my money elsewhere. :-)
    Dec 19, 2014. 11:56 AM | 1 Like Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    Mike--Fidelity's Dripping is a little weird. when you alter the option (reinvest or deposit to core), the change doesn't show up right away. so what i do if i'm on the cusp of missing the date, I call fidelity. i think one time I missed the date to change online, but i called fidelity and they were able to change the drip option on their end so I didn't miss it. the reps have powers that we investors don't!
    Dec 19, 2014. 11:51 AM | 1 Like Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    mikelavigne--as I said above, call them and ask. these expiration dates are not set in stone.
    Dec 19, 2014. 11:47 AM | 1 Like Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    Mikelavigne---I was given 200 free trades when i transferred money over to Fidelity. they were supposed to expire within a year, but when I called them after a year to extend them, they gladly obliged and gave me another 6 months to use them up.

    moral of the story, call them to negotiate. if you don't reach someone who's generous, call them again.

    fidelity will also give free miles, etc. depending on the amount of money you transfer. here's a list of offers:

    http://bit.ly/1nF8F4z

    i'm tempted to call fidelity and ask for more free stuff for all my posts recommending them, lol!
    Dec 19, 2014. 11:46 AM | 5 Likes Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    Let me chime in with a fist pump for Amgen too. It's seriously not "too late" to purchase--still slightly undervalued according to M*, and it just came out with a 30% dividend increase!
    Dec 19, 2014. 11:41 AM | 1 Like Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    mike--have you considered converting as little as $1-2k a year to your Roth? Such a small amount may not bump you up to a higher tax bracket, and that way you can spread the tax pain over many years. I learned that lesson the hard way when I once converted $30k of a Trad IRA to a Roth in one year---even though I wasn't earning any income at the time, it still created a lot more taxes than I expected. So now I just convert a tiny bit each year.

    for example, I just took advantage of converting $2K of my BP position three days ago from my Trad IRA to a Roth. I chose that specific stock because it was down about 15% from my original purchase price. Thank God, it's going back up!
    Dec 19, 2014. 11:39 AM | 1 Like Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    Mike--Yay!!

    What a fabulous idea to conduct such an experiment, and truly generous of you to share it with the SA community. I really look forward to following it from quarter to quarter and year to year. I'm also really excited for you to now own many stocks which you have eyed for some time but never quite met the yield you wanted: BDX, QCOM, UTX, V, SBUX, etc. I have a feeling you won't regret these lower yielders over the long term.

    Will any of these purchases in this portfolio affect your purchases for your other portfolio? i.e. Now that you own UTX here, you won't duplicate buying it for your other portfolio? Or if a stock in this portfolio that you weren't interested in before (let's say WFC) exceeds your expectations, will you now potentially consider buying it for your real portfolio?
    Dec 19, 2014. 11:32 AM | Likes Like |Link to Comment
  • Amgen Announces 30 Percent Increase In 2015 First Quarter Dividend [View article]
    long, very long AMGN.
    Dec 17, 2014. 06:35 PM | Likes Like |Link to Comment
  • Boeing Is A Buy After Recent Dividend And Buyback Increases [View article]
    I've eyed BA time and again, but one of the main reasons I've stayed away is it's uber-cyclicality. In a bear market, this stock absolutely tanks. So any shareholder must have an ironclad stomach to withstand the price volatility.

    During each the last 4 recessions, it was one of the worst performers in the Dow:
    http://bit.ly/1pqkj7M

    2008: Down 52%
    2001: Down 36%
    1990: Down 19%
    1980: Down 14%

    This is in no way a knock on the quality of the stock, simply a word of caution.
    Dec 17, 2014. 03:32 PM | 1 Like Like |Link to Comment
  • 2015 Healthcare Sector Predictions [View article]
    Leonard--are there any healthcare stocks or sub-industries where you have a negative view going forward?

    also, I'd be curious on your thoughts re. GSK (pipeline, dividend), BAX (and its spinoff), and ABBV.
    Dec 16, 2014. 06:02 PM | Likes Like |Link to Comment
  • McDonald's: Expect A Full Recovery In 2015 [View article]
    actually, my local california chipotle is 10.40 for a medium soda, barbacoa bowl/burrito and chips (lower for chicken and sofritas and higher for steak). vs 8.29 for for a mcdonalds customized burger with medium fries and soda.

    that's a $2.11 difference.

    in the branding business, it's all about perception. it doesn't matter if the reality is different. do customers perceive chipotle to be higher quality food than mcdonalds? yes. do customers perceive chipotle to be healthier? yes, even if it isn't. do customers perceive chipotle to be a more substantial, filling meal. yes.

    so mcdonald's is betting that millennials want to save $2.11 so badly that they will purchase what they perceive to be a less filling, lower quality, less healthy meal. that's a terrible value proposition.
    Dec 16, 2014. 05:57 PM | 1 Like Like |Link to Comment
  • McDonald's: Expect A Full Recovery In 2015 [View article]
    thanks, but I am a millennial, and I would absolutely spend $8 on my customized Chipotle and customized Five Guys meals, not $8 on a lower quality customized McDonalds's meal. (I would spend $4 to $5 at Mickey Ds).

    sorry, but McDonalds occupies a lower price point, and if McDonald's solution is simply to copycat more premium brands they are not going to increase their same store sales.
    Dec 16, 2014. 03:20 PM | Likes Like |Link to Comment
  • 2014 Watch-List [View instapost]
    thanks so much for sharing your watchlist, chowder. you are a very generous, tireless teacher!

    is this watchlist for Project $3 million or for your portfolio? I'm assuming you wouldn't buy DNKN/SBUX for yourself?

    I bought MA, UTX, CSX at different times this year when they fell into my buy ranges. Also long many others, including GPC, NSC and SBUX.
    Dec 16, 2014. 12:24 PM | 3 Likes Like |Link to Comment
  • What Would You Do With A Million Dollars? [View article]
    glad you ended up selling SDRL, and even happier for you that this was only a model portfolio. ha!
    Dec 16, 2014. 12:17 PM | 1 Like Like |Link to Comment
  • Dover Corporation And How Do You Rank Your Holdings? [View article]
    good question, small. and thoughtful answer, rich.

    Rich--as you sell off your cyclicals in pieces, do you then expect to have sold 100% or near 100% of those stocks as we trend towards a bear market?

    small--I believe that chowder has bought DE in his Project $3 million portfolio with the intention of holding through all cycles. keep in mind, that his portfolio is for someone in their 20s/30s.

    i'm in my 30s, but see myself emulating Rich's method. obviously timing is everything, but some positions I'll sell off entirely (my banks such as BAC). and other positions such as EMR and DOV, I'd like to trim but still ideally keep a small position in the stock--unless the fundamentals change altogether.
    Dec 16, 2014. 11:53 AM | 1 Like Like |Link to Comment
COMMENTS STATS
1,154 Comments
909 Likes