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  • REITs sold as rates hit 2015 high  [View news story]
    still need another 5% correction, but getting there...
    May 5, 2015. 12:37 PM | 4 Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase  [View article]

    I was thrilled at GILD's performance during that time period actually. you'll remember that 2007-2009 was the financial crisis and the S&P lost 56% peak to trough. so "going nowhere" compared to 99% of other stocks was actually a huge win in my book. my tip to you is not to focus on GILD's short term price performance too much or you'll get an itchy trigger finger! my biggest stock "wins" are stocks I've simply held for decades.

    great job with DIS--I only bought this past Oct at $81, but i'm not terribly interested in chasing at these elevated prices. no worries, I'll find some other undervalued stock to buy.
    May 5, 2015. 12:23 PM | Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase  [View article]
    I'm currently waiting for another opportunity, but I have a feeling I'll get that money to work within a couple of months.

    I'd really been hoping for another 5% ute pullback which hasn't quite transpired yet, but also considering everything from BDX, VFC, TJX, SYK, HSY, BIIB/CELG, LOW, CSCO. Those would all be new positions for me, but nothing feels undervalued enough at this point in time. I'd also like to add to my CSX, DIS, JNJ, ESRX positions too. I'd prefer to replace some of MCD's lost income, but I'm not beholden to that if another stock presents a good value. I've owned GILD since 2007 and its the 2nd largest position in my portfolio so I'm getting a nice surprise boost in income from that.
    May 4, 2015. 01:30 PM | 2 Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase  [View article]

    To your point about XOM's price not taking off on you, that's pretty much my logic for trimming MCD. I could be wrong, but I don't see MCD's turnaround happening over night or the share price leaping to the moon. So I'm happy to buy back stock when it either becomes more undervalued or there's evidence of the company finding its footing. Of course I'm younger, and don't mind the income hit.
    May 4, 2015. 12:58 PM | Likes Like |Link to Comment
  • Don't Buy Hershey Near Its 52-Week High  [View article]
    do you consider HSY to be a good buy now?
    May 3, 2015. 06:59 PM | Likes Like |Link to Comment
  • My First Quarter 2015 Portfolio Review  [View article]
    bob--not sure if you saw my comment above or not yet, re. the incorrect chart info?

    I also wanted to add that it might be interesting to designate which of your current holdings are on the bench, i.e. WM, etc. Just a thought so the rest of us can follow along with our own holdings, to see which ones get put back into the main lineup or get kicked off the team.
    May 3, 2015. 06:27 PM | 1 Like Like |Link to Comment
  • No Need To Freak Out About Chevron's 'Frozen' Dividend  [View article]
    Eric/Scott: I became interested in DGI around May 2012, so I spent the better part of 2012-mid 2014 converting mutual funds and investing cash I had on hand.

    Having lots of investable money on hand was both a blessing (snapped up some good values) and also served as a much-needed lesson--I acquired a few stocks for yield's sake, etc.

    I think having a trigger happy buy finger is a rite of passage for any new investor because it takes a lot of trial and error to learn which stocks are right for your personal goals. I bought NLY in 2012, but I also bought WFC and NSC at the time…none of which I knew very much about when I purchased. It turns out reaching for yield doesn't work for me, but I do feel very comfortable buying blue chip/old school technology stocks.

    Now that my portfolio is mostly filled out and I don't have as much cash to invest, it has forced me to be much more disciplined about my buys. Besides my usual div reinvestment, I've only made 2 purchases this year, both in ABBV. I have been much more focused on tightening up my portfolio, winnowing my 80 positions down to 70, and eventually down to 60 positions. Now I just need to be careful that I don't sell the wrong stocks!
    May 2, 2015. 03:36 PM | Likes Like |Link to Comment
  • My First Quarter 2015 Portfolio Review  [View article]

    Nice to see the addition of the asterisk to denote full/less than full positions. I appreciate all the little tweaks you do each quarter.

    However, are your charts still pulling old information for 1 year returns? I know this was an issue for your previous articles as well. I don't quite understand how MCD has a 1 year return of 22.56 and RCI has a 1 year return of 27.26.

    Also, it might be interesting to refine your "bench" process more. For example, holding onto DLR proved quite fortuitous for you. But could you have sold SDRL or MAT slightly sooner into the bench process to avoid suffering additional losses? Of course, hindsight is 20/20, but it might be interesting to analyze further.

    Again, thanks so much for being generous enough to share your portfolio.
    May 2, 2015. 12:00 PM | 2 Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase  [View article]

    My decision to sell BCE has mostly to do with my own portfolio management, since my portfolio had grown to about 80 positions and I'd like to winnow it down to about 60 holdings. So I'm forcing myself to make tough choices…do I really need VZ and T and BCE? BCE looks fully valued here, and I'd like to take the cash from the sale and invest it into a stock with a much wider moat. 50 years from now, I think I'll be happier that I bought HSY today over holding onto BCE. Just my gut instinct.
    May 2, 2015. 11:41 AM | 1 Like Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase  [View article]
    long and strong CVX, WMT, AFL, etc. no plans whatsoever to sell any of them.

    however, I have sold a few other stocks recently to raise some cash: GSK, SLB, PSX, BCE. Not a knock against those companies, but they weren't core holdings like the 3 above and I wanted to take my small gains off the table and set some $ aside in case there's a bigger correction.
    May 1, 2015. 01:41 AM | 1 Like Like |Link to Comment
  • Illustrating Why Hershey Remains The Best Value In The Food Processing Space  [View article]
    Thanks AP--I like that HSY is just a tad growthier than your average consumer staples stock, and its able to simultaneously raise prices and still grow its volumes. It's still a tad pricey, but I believe that HSY is just one of those stocks that always sells at a premium.

    I've definitely moved it up my watchlist, thanks.
    Apr 29, 2015. 02:17 PM | 1 Like Like |Link to Comment
  • Should I Sell? A Selling Approach For Stock Purchase Mistakes  [View article]

    I just want you to be aware that Chowder himself only uses the Chowder Rule when identifying stocks to purchase. He does not sell stocks he currently owns just because they no longer meet the Chowder Rule. If one has identified an undervalued, quality stock for purchase, then the yield will eventually drop (and thereby the Chowder Number) as the stock returns to fair value.
    Apr 28, 2015. 11:01 PM | 12 Likes Like |Link to Comment
  • Wells Fargo declares $0.375 dividend  [View news story]
    combined with IBM and AAPL increases, I'm a very happy camper!
    Apr 28, 2015. 03:23 PM | 2 Likes Like |Link to Comment
  • Celgene Has Plenty Of Mojo Left: But Don't Get Greedy  [View article]
    thanks for your updated analysis, Ray. I look fwd to hearing if you end up purchasing more.

    I'm also eying CELG around $103-105 and BIIB around $350-$370. I don't own either right now since I already have a decent biotech exposure in my portfolio. But around those prices I might not be able to resist nibbling just a bit.
    Apr 28, 2015. 01:37 PM | 1 Like Like |Link to Comment
  • This Quarter In Biogen  [View article]
    I wouldn't mind starting a position somewhere between 350-370.
    Apr 28, 2015. 01:28 PM | 2 Likes Like |Link to Comment