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kolpin

kolpin
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  • Bank Of America Has Failed Shareholders [View article]
    just to clarify, it's just the income/dividend investor part of you that's disappointed, right? does the capital appreciation/growth investor side of you still believe that there is still upside and it is worth investing in BAC? (as per your articles in Jan/Feb--which I wholeheartedly agreed with) I am long JPM, BAC, WFC, but primarily for the capital appreciation and not for the dividends (or lack thereof in the case of BAC). I believe that BAC has the potential to go to $14-$16 this year.
    Mar 17 11:53 AM | 12 Likes Like |Link to Comment
  • Stocks For 2014: Are Dividend Paying Cyclical Stocks Acceptable Investments For Retirement Portfolios? - Part 6 [View article]
    I would only add a bit of color to your thoughts on price volatility and income vs total return investors, as I have observed that both kinds of investors can be guilty of being short term/emotional investors, but in slightly different ways.

    while a total return investor may experience great discomfort at seeing one of his stocks drop in price, I believe that an income investor experiences great discomfort when one of his stocks makes only a small dividend increase. just as a total return investor may sell a stock if he's not getting the price appreciation he wants, an income investor may sell a stock if he's not getting the dividend increase he wants.

    but is it possible that both negative price swings and small dividend increases are simply temporary signs of a company's ill health?

    if a stock drops from 30 to 25 in a year, should an investor automatically sell? I think most would agree the answer is no--one should look to see if the company's bigger fundamental story is still intact. so what if the company's dividend growth drops, from a 15% increase one year to 3% the next? Here, I think more of us are divided. some would sell automatically, some wouldn't, some would put on probation.

    so if short term price volatility is not the sign of a stock's true value, perhaps short term income growth (from one year to the next) isn't a sign of a stock's true value either?

    hopefully I didn't go terribly off topic with this comment, but you got me thinkin', Chuck! thanks!
    Feb 25 09:49 PM | 9 Likes Like |Link to Comment
  • Bank Of America Has Failed Shareholders [View article]
    RS--I have no issue with your opinion on BAC. But I will say this--as a newbie (and buy and hold/monitor) investor, I get confused by your sometimes frequent change of opinion. You were long BAC, then you sold it--that made sense to me at the time. Then you wrote 2 articles on 2/3 and 2/14 which basically said hey, I was wrong--financial stocks (including BAC) are actually a great buy. I appreciated your candor, and willingness to admit you made a mistake. But now a month later, you're saying BAC isn't a great buy.

    Certainly the fundamentals behind a stock can change (although I'm not sure this is the case here), and you are totally entitled to change your opinion from month to month. All I'm saying is that sometimes it leaves me, and perhaps others, a tad confused. Does that make sense?
    Mar 17 07:39 PM | 8 Likes Like |Link to Comment
  • SEC declares S-4 effective in Linn-Berry merger [View news story]
    great, now I can turn my attention to hoping DLR comes back from the dead.
    Nov 14 10:24 PM | 7 Likes Like |Link to Comment
  • Retirement Strategy: Dialing Up Team Alpha's Dividends [View article]
    bought some LNCO the day after it IPO'd. yippee! for once I'm ahead of the curve.

    I know I'm always suggesting more articles for you to write, so to continue with that trend, I'd also be interested in more "sell" articles--where you devote an article to why you're selling a position in the Team Alpha portfolio. that's exactly what you did with NLY and AGNC, and I found it to be incredibly invaluable. I noticed a couple of comments from others asking why or if you'd sold 3M and DD (and now BAC) from the portfolio--and I think that advice on how and when to sell is just as important, if not more. Since MMM and DD pay dividends, I bet some people may wonder why you chose to sell them at that moment in time.

    Anyway, thanks for being so prolific. I'm long BAC and now trying to decide whether to hold, buy more, or sell. :-)
    Oct 26 04:34 PM | 7 Likes Like |Link to Comment
  • What Happens To Dividend Growth Investing When Inflation Hits 10% [View article]
    tao/miss--

    I try not to reveal too much personally here simply for privacy's sake, but there are probably more female investors on SA than you think. :-) I've happily found that females are accorded with equal respect here, and interestingly enough, I find that many of the negative comments are actually directed at young people.

    as with with misscbd above--I also try to stay out of the fray with political discussions, since I can't unfortunately find much common ground with some of the more conservative comments. I try to just bite my tongue and move on.
    Feb 8 03:27 PM | 6 Likes Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    or are my "best" stocks the ones that have paid the dividends the longest or have the highest dividend growth or have appreciated the most over the last 1, 3, 5, and 10 years? no matter how you slice and dice it, one's top ten stocks are entirely subjective depending on who and especially when you ask.

    I don't understand why some investors are against other investors holding 50+ stocks in a portfolio. it's one thing if they don't have the time/energy/desire to manage such a portfolio, but who's to say others can't successfully? I understand the need to avoid extremes in either direction (a portfolio of under 5 stocks or over 200, for example), but I haven't yet seen any evidence that a portfolio of 50+ positions underperforms smaller portfolios consistently.

    IMHO, it all comes down to one's personal investing style...
    Apr 13 09:53 PM | 5 Likes Like |Link to Comment
  • Rebalancing My Dividend Growth Portfolio For Diversification And More Yield [View article]
    For me, I see rebalancing as a multi-year process. In my taxable account, I have overweighted positions in stocks like IBM (bought when it was $11) and TXN (bought at $1) that I'd eventually like to pare down in line with my other positions, but to do it one year would cause an enormous tax bill. I will try to whittle away at them little by little each year, and make most of my new investments in a sector other than technology.
    Feb 9 08:53 PM | 5 Likes Like |Link to Comment
  • How My Family And I Overcame Obstacles To Be Better Off Than 4 Years Ago [View article]
    mike--great story, and kudos to you for keeping your head above the fray. I may be alone in saying this, but I feel lucky to live in a country like the United States. most of us here have roofs over their heads, enough food to survive, the right to vote for a President, and access to a safety net so we're not living on the street should we lose our jobs. it's easy to forget that many people in the world have to fight for daily survival. being President is a hard, thankless job, and I'm just glad that someone wants to do it! now excuse me while I grab some Doritos and watch the debate.
    Oct 3 09:48 PM | 5 Likes Like |Link to Comment
  • Confessions Of A 'DGI Lite' Investor - Part 2: Creating The DGI Lite Portfolio [View article]
    hot dawg--congrats on the editor's pick! thanks for pointing out the red dates on mr. fish's list. since i just open and print in black and white, I never noticed that before. my whole world is in color now!

    do you also take into consideration this year's negative (red) growth on the fundamental data pages? for example, I see that AFL, MO, J&J, KO, T, KMB, and other bellwethers are all in the red. Mr. Fish--perhaps you can chime in too, if that should be an area of concern. thanks!
    Sep 12 10:39 AM | 5 Likes Like |Link to Comment
  • How One Retiree Is Muddling Through Dividend Investing: Part VIII - A Year Later [View article]
    Martin--thanks for taking us on your journey. I believe that your decision to pare down your MLPs, BDCs, and REITs in favor of solid, blue chip DG stocks is a prudent thing to do. I myself plan to sell my KMI and DLR sometime this year in order to sleep better at night.

    FYI, your yields for VOD and RTN are incorrect, so you may want to take that into consideration as you seek to maintain a certain average yield. RTN's yield is 2.48 and VOD is around 4.9 after its rather complicated divestiture (although I've also seen #s range from 4.2-5.5).

    Some names to consider adding to your watchlist include: BP, GE, PM, KRFT, MSFT, MCD, JNJ, BAX, WFC. Have you looked at any of these? FYI, I also used to own DRI but am also glad I sold. High payout ratio, disappointing earnings reports, declining revenues and same restaurant sales, just not a very bright outlook. Also, PPL has very low dividend growth. You might want to substitute it with another utility with slightly better dividend growth.

    Can't wait to read your next installment!
    Mar 22 10:00 AM | 4 Likes Like |Link to Comment
  • Retirement Strategy: Buying The Dips Worked Once Again [View article]
    mark--a "dip" or "pullback" is a decline in price under 10%, but more than just a few %.

    here's a handy chart:

    http://bit.ly/1k8rdMG
    Feb 9 12:47 PM | 4 Likes Like |Link to Comment
  • A Strategic Shift In My Dividend Portfolio [View article]
    why do you find it unbelievable that a young investor would sell overvalued, low growth utilities in the face of rising interest rates?
    Dec 27 11:17 AM | 4 Likes Like |Link to Comment
  • General Electric's Dividend Growth [View article]
    GE Capital isn't being spun off; it's just the North America consumer finance portion (which makes credit card loans and personal loans) of GE Capital that is being divested. not sure why you would sell GE after it has shed its most unpredictable asset!
    Dec 13 02:54 PM | 4 Likes Like |Link to Comment
  • Will GE's Capital Spin-Off Translate To Profits? [View article]
    just to clarify--all of GE Capital isn't spinning off, it's the retail division that makes credit card loans and personal loans to consumers. GE Capital will continue to finance medical and other industrial equipment. thanks for the article.
    Dec 10 12:13 AM | 4 Likes Like |Link to Comment
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