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Minutemen

Minutemen
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  • Altria's 2014 Dividend Increase [View article]
    Just for fun, below is a link to a Y-Charts graph comparing MO price appreciation (orange line) and MO total returns with dividends reinvested (red line) to the S&P 500 total returns with dividends reinvested (blue line) over the past 25 years.

    MO Total Returns: http://bit.ly/1oi9100

    S&P Total Returns: 1,230%
    MO Price Appreciation: 2,470%
    MO Total Returns: 10,940%

    And this doesn't even include the various spinoffs, such as PM, KRFT, MDLZ.

    Aug 22 04:51 PM | 2 Likes Like |Link to Comment
  • Altria's 2014 Dividend Increase [View article]
    xxvalxx: What "non-risky" assets is your financial adviser recommending in replacement of your stocks? What % of your stock portfolio is being recommended to sell? How long have you been retired and how long do you expect to live? Why does your adviser think MO or PM is more risky than anything else at this point? Just some questions to consider.

    Of the two stocks you mentioned, MO has a beta of 0.52 whereas PM is at 0.92. If I were to sell one, it would be PM. But then where will you put the money from selling the stock? Cash? Treasuries? Gold? Munis? If it were me, I would not buy treasuries as I see those as being more risky the stocks. You might want to consider a tax-free municipal bond, or muni-bond index fund like Vanguard's VWIUX.
    Aug 22 01:33 PM | 1 Like Like |Link to Comment
  • The ABCs And XYZs Of Dividend Investing [View article]
    Just wanted to add SLB to the list. Went long on SLB this morning. Great play on U.S. energy and company has strong promise for growth, buybacks, and dividend growth. Looks very XYZ to me.
    Aug 22 11:02 AM | Likes Like |Link to Comment
  • American Realty Capital Properties: A Good Value That Is Gaining Strength [View article]
    By complimentary meals, they are referring to promotional items such as "Buy 1 Get 1 Free," etc.
    Aug 22 09:46 AM | 2 Likes Like |Link to Comment
  • Altria Raises Its Dividend Nicely [View article]
    MO money!
    Aug 22 08:55 AM | 2 Likes Like |Link to Comment
  • Altria's 2014 Dividend Increase [View article]
    Thanks for the annual MO dividend update. Fully agree with everything you stated and remain unabashedly long MO.
    Aug 22 08:53 AM | 3 Likes Like |Link to Comment
  • The ABCs And XYZs Of Dividend Investing [View article]
    Thanks, RDI. Glad to see that you own some of the same stocks in your portfolio. I completely agree about TJX Q1 being weather related rather business operations. I'm a long holder of TJX, but used the dip after Q1 as an opportunity to buy more of the stock on sale. HD was long on my list to buy, and I bought after a brief dip in price following Q1 results, which were also weather related. The purchase of both stocks paid of handsomely for Q2.

    Good advice on keeping an eye on those dividend increases. Monitoring FCF and payout ratios is very helpful to gauge safety of dividend.
    Aug 22 08:38 AM | Likes Like |Link to Comment
  • The Bubble's Name Must Be Godot: We Keep Waiting And Waiting [View article]
    WSD: I don't own any of the stocks you mentioned. But I did load up on INTC in the low 20s when the market was screaming, "PCs are dead." I did load up on TJX and HD after a harsh winter hurt sales and the market thought retail was dead the economy was headed for another recession. Those picks on market fear paid off pretty handsomely for me and were quite the opposite of momentum buying. There are still plenty of values out there. Just need to take advantage of temporary market mis-pricing .
    Aug 21 03:51 PM | Likes Like |Link to Comment
  • The Bubble's Name Must Be Godot: We Keep Waiting And Waiting [View article]
    Gary: I like Stephen Auth's comments on bonds vs equities in last week's Barron's. He states:

    "Under normal circumstances, the fundamentals of an economic expansion should cause bond yields to expand. Over the next three to five years, our team expects the 10-year Treasury to yield 4.5%, compared with below 2.5% recently. However, there are a lot of near-term forces preventing that from happening, and that is nothing but bullish for equities. For one thing, the Fed is very skittish about the mistake that was made in 1937 that caused basically the second Great Depression—that is, rates were tightened too soon. Furthermore, Fed Chair Janet Yellen feels that there is a lot of slack in the labor force, and she doesn't want to slow this recovery down until these people come back into the workforce. And even more importantly, global supply-and-demand forces are pushing down the 10-year Treasury's yield. In the near term, that yield is going to be 2.5% or lower, maybe even as low as 2.2%. But longer-term, you have to be careful about bonds; the overvaluation of bonds to equities continues to be high. We have equities trading at a 50% discount to bonds."

    Here's the Barron's link. It's an excellent interview: http://on.barrons.com/...
    Aug 21 03:42 PM | 1 Like Like |Link to Comment
  • The ABCs And XYZs Of Dividend Investing [View article]
    Excellent and timely article for me. I have been in the hunt for my own XYZ stocks of late, which I hope will become the ABCs stocks of the future. UNP, HD, WMB, TJX, and WFC are a few stocks that I own that I feel fall into the XYZ category (although I don't have R^2s for them).
    Aug 21 03:25 PM | 1 Like Like |Link to Comment
  • The Bubble's Name Must Be Godot: We Keep Waiting And Waiting [View article]
    I absolutely agree with Meyers and aow. Treasury bonds are where the bubble is at.
    Aug 21 03:00 PM | Likes Like |Link to Comment
  • Stockpickers snubbed as money pours into Vanguard [View news story]
    chopcop0:

    "At the individual level, I believe we are a lot more flexible and capitalize on mispricing in the market as compared to a fund manager."

    A good way to summarize it.
    Aug 21 02:58 PM | Likes Like |Link to Comment
  • Stockpickers snubbed as money pours into Vanguard [View news story]
    Mike: Not sure I completely understand your comment, but if you're saying you don't understand how one can argue for personally managed portfolios while arguing against actively managed mutual funds, then it is easy to explain the difference.

    Actively managed funds (and any mutual fund for that matter) are held to the whims of a large number of investors who often make bad decisions. For example, money will typically start pouring into funds when markets are high, and especially near market tops. This forces fund managers to buy stocks when they would prefer to either sit on positions or to trim positions. Similarly, fund investors will panic during market downturns and start pulling money out of mutual funds exactly when fund managers would rather have inflows of cash to start buying stocks at a discount.

    As a manager of one's own portfolio, we are not forced to buy or sell stocks due to the whims and bad decisions of the masses. Rather, we can take advantage of the fear and greed of the market to buy more shares of great stocks when they are at a discount, and to hold or sell shares when the market is offering top dollar.
    Aug 21 02:12 PM | Likes Like |Link to Comment
  • Altria Increases Quarterly Dividend by 8.3% to $0.52 per Common Share [View article]
    Like clockwork.
    Aug 21 12:51 PM | 1 Like Like |Link to Comment
  • Abbott To Develop Portable Blood Tests For Concussions [View article]
    Hi Andy, thanks for the follow up, and please post an update if you learn anything more about the blood test. When the news story broke a couple of days ago I tried finding what proteins would be used, but didn't see it on Abbot's site. Thanks.
    Aug 21 12:10 PM | Likes Like |Link to Comment
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