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kolpin

kolpin
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  • Project $3 Million - Portfolio Management, New Purchase [View article]
    chowder--

    to minimize drawdowns in the stock market, one way of going about doing it is to purchase quality companies that are growing earnings/revenues in the double digits with little or no debt, like Mastercard or Visa. Sure, I can't control their stock price fluctuations during a bear market, but I'm quite confident that their businesses will continue churning out profits year after year.

    anyway, we're not in disagreement here. there are multiple ways to skin the cat. i just wanted to put forth the idea that it wouldn't necessarily be a bad decision if a young investor bought MA as their first stock as opposed to KO, or even MA and KO at the same time.
    May 6, 2015. 08:38 PM | Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase [View article]
    yes, my GILD did quite well too.

    I'm well beyond the initial stages of investing, but if I were to advise one of my friends in their 20s and 30s, I would tell them not to wait to invest in a company like DIS or SBUX or MA if it came on sale. I'm not concerned that MCD or KO's share price is going to jump to the stratosphere, so if they had to choose between buying a slightly growthier stock like the ones I listed above (again, I'm not referring to a high beta stock like FB) or a consumer staple, I'd probably advise them to go with the growthier stock and then the MCD or KO with their second tranche of money.

    perhaps making opportunistic purchases of higher growth dividend payers concurrently with purchasing the usual DG suspects instead of the more methodical foundation building as you did with Project $3 Million is also a good way of building a portfolio for a young person.
    May 6, 2015. 04:42 PM | Likes Like |Link to Comment
  • Don't Ditch McDonald's Just Yet [View article]
    MCD's share price has gone nowhere for MUCH longer than 16 months. in fact, MCD reached the current price level in Dec. 2011--that's 41 months.
    May 6, 2015. 03:46 PM | 1 Like Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase [View article]
    chowder--is it possible that there's a middle ground between buying a utility like SO for one's first investment and FB? Do you believe that a young person would be wrong in targeting a stock like MA or ROST as a first purchase if they were on sale at the time? I know you bought these two stocks much later on in the life of Project $3 Million, but what if you had made them some of your initial purchases? do you believe that would've been a mistake?
    May 6, 2015. 03:26 PM | Likes Like |Link to Comment
  • Forget The Shopping List: Buy What's On Sale (Part 1) [View article]
    TF17--

    do you mind sharing what some of your more fairly valued positions are currently?
    May 5, 2015. 08:23 PM | 1 Like Like |Link to Comment
  • Recent Buy: W.P. Carey [View article]
    no worries, mike.

    it's possible that both sectors are likely to be as affected by the anticipation of rates rising as much as the actual event happening. thus, the bulk of the price correction could be happening as we speak. guess one never knows, right?!

    I'm satisfied with my small REIT allocation (though I may top off a couple with another 5% pullback), but since my utilities are severely underweighted, I'm hoping to add to my SCG and perhaps open a new D or AVA position.
    May 5, 2015. 02:54 PM | 1 Like Like |Link to Comment
  • McDonald's unveils turnaround plan [View news story]
    I don't think there's much downside to the business, but I could definitely see more downside to the stock priceā€¦it's not all that undervalued here. I think the stock price has been bid up in anticipation of speculative news such as yesterday's announcement and REIT chatter. I had set a $99 limit order to sell off a portion recently, but it didn't trigger. still holding, lol.
    May 5, 2015. 02:12 PM | Likes Like |Link to Comment
  • Recent Buy: W.P. Carey [View article]
    Mike--do you feel the same about adding $ to your utes here?
    May 5, 2015. 01:53 PM | Likes Like |Link to Comment
  • McDonald's unveils turnaround plan [View news story]
    ditto, Larry. you selling yet?
    May 5, 2015. 12:49 PM | Likes Like |Link to Comment
  • REITs sold as rates hit 2015 high [View news story]
    still need another 5% correction, but getting there...
    May 5, 2015. 12:37 PM | 3 Likes Like |Link to Comment
  • Project $3 Million - Portfolio Management, New Purchase [View article]
    Vinay--

    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]
    chowder--

    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
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