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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
  • 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 02:55 PM | 10 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
  • 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 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 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
  • 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 | 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 03:27 PM | 6 Likes Like |Link to Comment
  • The Dividend-Growth-Devoid Income Portfolio [View article]
    what concerns me in the discussion of high yielders is that I rarely hear a discussion of an exit/sell strategy with these stocks beyond the decision to sell once a dividend has already been cut. often by that time, the stock has already taken a deep dive and an investor who sells then will face large capital losses.

    a select few may feel comfortable enough to hold onto their mREITs, BDCs, etc. all the way down since their div yield is going up, but I think most investors will have a max pain threshold that they should think about before they purchase these kinds of companies. after all, traders set tight stop losses with high beta stocks.
    Aug 19 08:41 PM | 5 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 | 5 Likes 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
  • Our Retirement Income Business Plan - The Legacy Addition [View article]
    Bob--it's really a wonderful thing you're doing for your wife and your children, and frankly many of us "youngsters" would be very lucky to be gifted with such a legacy.

    I had a very mild interest in investing in my teens and 20s (aka I liked the idea of making money, but no idea how), but probably what kicked it into gear for me was seeing how a little acorn my grandparents planted in the 1960s and 1970s in the form of TXN, JPM, IBM, etc. grew into a nice oak tree. Nothing beats seeing real world examples of money growing and dividends flowing in each month. And then it became crystal clear to me that rather than spend that nut, I should carry on the legacy that they were wise and generous enough to start for me. So I may not be carrying their plan through exactly as they might have wished (they both have long since passed), but hopefully I'm honoring the spirit of their legacy.

    So that's a long-winded way of saying even if your kids don't pick up on the nitty-gritties of dividend investing, the biggest takeaway is that they'll see all the time, effort, and love you've put into creating this plan for them and hopefully they'll want to carry on that investing torch in honor of you and more importantly for their kids' futures.
    Jun 2 01:16 AM | 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
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