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kolpin

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  • Why Gilead Is The Most Exciting Growth Opportunity In 2014 [View article]
    B3/Spoiled--Chuck was also instrumental in my purchase of AMGN/ESRX as well. The number of investors he has helped with his articles and FAST Graphs is mind-boggling. Anyone can suggest a stock to purchase, but to do so in a way that's grounded in substantive research, rooted in value/earnings, and presented in an accessible manner for investors of all kinds--Sir Carnevale truly has no peer!
    Aug 16, 2014. 02:55 PM | 12 Likes Like |Link to Comment
  • 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, 2013. 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, 2014. 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, 2013. 07:39 PM | 8 Likes Like |Link to Comment
  • The Dividend-Growth-Devoid Income Portfolio [View article]
    BDCs make loans to smaller companies considered too risky to receive loans from traditional banks. so if you're putting money into TCAP, MAIN, PSEC, etc., but avoiding bank stocks because of their history of cutting dividends, I don't think your income stream is any safer.

    chowder---I agree with you, I am also less and less inclined to speculate as time wears on--esp when it comes to yield. I'd rather get a low risk 5.3 yield from T than a high risk 8.0 yield from TCAP these days.
    Aug 20, 2014. 02:44 PM | 7 Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    chowder/rnsmth--WSJ, NY Times, and a bunch of other publications use the same subscription wall where they try to encourage readers to subscribe. The way to get around it is to Google the name of the article "The Asset-Rich, Income-Poor Economy" and follow that Googled link. if you try to follow a direct link to the site or search around the site itself, you'll often hit the subscription wall. Also, if you click on too many articles, you'll often hit a subscription wall. In that case, clear your cookies.
    Jun 22, 2014. 12:03 PM | 7 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, 2013. 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, 2012. 04:34 PM | 7 Likes Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    many investors use the Great Recession of 2007-9 as the yardstick for evaluating an individual stock's price performance and dividend trustworthiness during the next recession. so let's say you're an investor in the year 2006, you'd probably use the bear market of 2000-2 to see if a stock was likely to cut its dividend.

    so my question is---is a stock's past bear market behavior predictive of its future dividend payout and price performance in the next bear market?

    if you look at WFC's dividend history--(http://bit.ly/1rqX8Nb) back in 2006 I'd probably say to myself, this stock has raised its dividend since 1995, no cuts or freezes, I'm all in! And then 2009 happens and it drastically cuts its dividend.
    so if an investor were using a CCC list back in 2006, would they be lulled into a false sense of security that WFC would be A-OK during the next crisis?
    Aug 22, 2014. 10:20 PM | 6 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, 2014. 03:49 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, 2014. 09:53 PM | 6 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, 2014. 03:27 PM | 6 Likes Like |Link to Comment
  • The New Nifty Fifty, Part 1 - Dividend Growth Style [View article]
    for me, the decision to buy DOV, EMR, PSX, GOOGL, DIS, COP, BAX, UTX, VZ, UL, and T last week (3 of which were new positions, the rest were top-offs) came down to a simple question of what I'd regret more---a) purchasing them too early and watching them continue to tank or b) not purchasing them and seeing the market jump back up and missing the opportunity to buy them completely.

    For me, the bigger regret would be b), since that has happened to me many more times than a). and when a) has happened, the regret is usually temporary and subsequently forgotten because these quality stocks almost always bounce back over time.

    now my only regret is not buying more DIS when I had the chance!
    Oct 20, 2014. 08:07 PM | 5 Likes Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    I'm like a fat kid surrounded by equally scrumptious cupcakes. i'll bite down on a perfectly good chocolate one, but then I'll need some vanilla to mellow the chocolatey flavor out, but then why not have something fruity like a strawberry to end my binge on? do I really need LMT and RTN and UTX? or COP, XOM, PSX, BP, KMI, and RDS.B?

    pretty soon, my portfolio is bulging with 80 damn cupcakes!
    Oct 2, 2014. 12:33 AM | 5 Likes Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    it's a good reminder why I should continue holding WMT, IBM, MCD, etc. in my portfolio. even if their earnings (and sometimes) dividend growth can be frustrating during a bull market, I'll ultimately be happy to have them when they hold up my portfolio during the next recession.
    Aug 23, 2014. 03:53 PM | 5 Likes Like |Link to Comment
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