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kolpin

kolpin
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  • The Comfort In Watching Coca-Cola Decline 25% [View article]
    steve-I like using free Ycharts for average yields and average PE ratios for the past 5 years, but have never thought of paying for more info than that.
    Aug 15 04:03 PM | Likes Like |Link to Comment
  • Our Retirement Portfolio Business Plan - Legacy Edition - Part Two [View article]
    Bob,

    Thanks for sharing, and so conscientiously updating your business plan: legacy edition.

    If I may put on my "kid" hat for a minute--when your children inherit this portfolio, it's quite probable that they will have different yield considerations since they will still be working. Do your guidelines allow for your kids to purchase lower yielding stocks like V, DIS, SBUX?

    Also, it's quite possible that whomever inherits this portfolio will encounter a bear market or a severe market correction. Do you feel like you've spelled out specific instructions in that event? (i.e. Do nothing. Or stock up cash. Or reinvest dividends. Or buy on 5% dips on down.)

    Also, bonds may be in a very different place in 5-10 years. If the 10 year Treasury yields over 4%, will your DG stock/bond asset allocation change from where it stands now?

    just mulling the future, 10-20-30 years ahead...
    Aug 15 03:49 PM | 6 Likes Like |Link to Comment
  • What I'm Doing With My Kinder Morgan Shares As A Dividend Growth Investor [View article]
    I'll admit it. I came very close to selling my KMI stake on a number of occasions. but laziness/inertia won the day and I'm glad to see the renewed growth potential.
    Aug 15 02:36 PM | 1 Like Like |Link to Comment
  • Rogers Communications (USA) declares $0.4575 dividend [View news story]
    RCI's stock has been off for the past year and a half, unfortunately! I put in a limit sell order 6 months ago for $43, but no signs of it triggering anytime soon. sigh…guess, I'll collect the divvy and continue to wait.
    Aug 15 02:21 PM | Likes Like |Link to Comment
  • Correction Arrived Early For Walgreen - So Now What After Only OK Dividend Hike? [View article]
    WAG hasn't been an income play for quite some time--the last time it yielded above 2.5% was in the beginning of 2013. So it's quite interesting that income focused investors have held onto the stock for so long. is it because WAG's relentless capital appreciation over the last year and a half made it kind of hard to let go? and now that the price is stagnating, is it easier to sell the stock?

    since I like both dividends and cap appreciation, I myself bought a small position at $32 and added a bit more at $59 recently. it seems more fairly valued to me than a screaming bargain, but what I like about WAG is the play on the macro trend of healthcare spending. pharmaceutical and healthcare spending is only going to go up, and I'd like to be along for the ride. (also long JNJ, GILD, ESRX, OHI)
    Aug 15 12:38 PM | 1 Like Like |Link to Comment
  • 2 Key Tests For The True Dividend Growth Investor [View article]
    during a severe market correction, my guess is that DG investors will probably snap up shares of blue chippers hand over fist and abandon more risky BDCs, MLPs, REITs, drillers, and other high yielders. these kinds of equities seem to purchased simply for their yield and without much long term conviction, so I suspect many of them will be the first to be jettisoned from a DG portfolio.
    Aug 15 12:16 AM | 5 Likes Like |Link to Comment
  • Procter & Gamble: A Reliable Dividend Machine To Hold Forever [View article]
    echo that. I never thought it possible, but perhaps with another few down days, I may be a buyer of one of those consumer staples stocks.
    Aug 6 10:39 AM | Likes Like |Link to Comment
  • Why I'm Not Buying Colgate-Palmolive Today [View article]
    I'll admit i looked at CL and was tempted. But not yet. maybe soon.
    Aug 5 07:48 PM | 3 Likes Like |Link to Comment
  • Rogers Communications: Overlooked Telecom Because Of Perceived Competitive Risk [View article]
    AP--RCI is also my biggest paper loss at the moment (having bought last year at $42). They haven't done much to inspire confidence, but there was nothing alarming about their recent earnings report either. thus, I'm watching and waiting, perhaps selling on an uptick so I can free up some cash for other bargains out there. RCI is a long term bet that may or may not be worth the wait.
    Aug 5 01:45 PM | 1 Like Like |Link to Comment
  • When To Add To An Existing Dividend Growth Holding That Has Been Advancing [View article]
    do you make anything of the fact that 4 of the 5 major Canadian Bank CEOs have decided to retire within the past year? I'm not saying that there's anything necessarily doom and gloom about it, but it is a rather interesting pattern.
    Aug 4 08:56 PM | Likes Like |Link to Comment
  • Are Growth Stocks Appropriate For Retirement Portfolios? [View article]
    Miguel--ETN was on my watchlist, as I was looking for a CAT replacement in the industrial sector after I sold earlier this year. But ultimately, I bought UTX last week instead. A slower grower, but they beat on earnings/revenue and raised guidance. I think it's undervalued and oversold here. Ray Merola has a wealth of knowledge on ETN, so I'd read some of his articles while conducting your due diligence. If I raise more cash, I'd take another look at ETN again.

    I owned YUM once, but the quality control issues drove me nutso.
    Aug 4 06:50 PM | Likes Like |Link to Comment
  • Are Growth Stocks Appropriate For Retirement Portfolios? [View article]
    whoa, we are getting way too mired in semantics here.

    Miguel--I did not interpret your original post or Chuck's article as any kind of prime directive that ALL investors MUST buy growth stocks. rather, I thought you were echoing Chuck's intelligent thesis that growth stocks can be great additions to portfolios of investors of all ages. for retirees solely focused on income, don't buy growth oriented stocks; for retirees or near retirees who want to balance their income with growth, growth stocks can be wonderful additions.

    some growth stocks are undervalued (I'm long ESRX) and many pay a dividend (I'm long MA, AMGN), so let's not paint growth stocks with too broad a brush.
    Aug 4 03:29 PM | 3 Likes Like |Link to Comment
  • Wisconsin Energy: Time To Buy The Dip In This Best-In-Class Utility? [View article]
    My first two gut checks are Morningstar (Fair value of $38) and S&P Capital IQ (FV: $39.30). If the two numbers are fairly similar, I feel comfortable that they are relatively accurate. That being said, from looking at WEC's premium historical valuation and price action, I'm not confident that WEC will pullback another 10% from here as it's already corrected about 12% from highs. if I were to buy WEC, I might scale in a 25% position somewhere around $41-42, and buy more on further weakness.
    Aug 4 12:58 PM | 3 Likes Like |Link to Comment
  • Wisconsin Energy: Time To Buy The Dip In This Best-In-Class Utility? [View article]
    nice to see WEC and other utes come down out of nosebleed overvaluation territory, though most need another 2% shakeout below today's drop to reach fair valuation. I don't like to overpay for slow growers!
    Aug 4 10:16 AM | 2 Likes Like |Link to Comment
  • What I Bought Over The Last 4 Months, And Why I Bought It [View article]
    thanks so much for sharing, Nicholas!

    like you, my portfolio consists of DGI stalwarts along with a few higher yielders as well as a few growth-oriented stocks. I'm long many of the stocks you listed--GILD, AMGN, QCOM, MA (not V), TGT, AAPL, SBUX--but don't dabble as much in your deeper value/cyclical plays, though I don't doubt you'll find success in many of them. you might also want to consider ESRX and GSK, two stocks which have recently corrected and I believe to be undervalued.

    in terms of your portfolio construction, how much of your portfolio do you intend to devote towards blue chips vs growth stocks vs value plays, etc.? are you targeting a specific percentage towards core positions vs. more speculative plays? are you targeting an average dividend yield for your entire portfolio?
    Aug 3 05:35 PM | Likes Like |Link to Comment
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