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  • My 4% Dividend Yield Portfolio: Guiding Principles [View article]
    I've learned over the years that the easiest way to not make overly emotional decisions about my portfolio is to "go away." Since I'm retired and depend on my dividends, I have organized my holdings so that they generate the same number of dollars each month. I haven't been following the market for the past couple of weeks, because I know that it will just make me feel bad. Since I don't have any "new money" to invest, and so I can't take advantage of the current sale prices, I only checked the Schwab account a the end of August to be sure we could write the check for our September expenses.
    Sep 7, 2015. 12:13 PM | 4 Likes Like |Link to Comment
  • Why Use EBITDA In Capital Intensive Industries? [View article]
    Of course depreciation is a valid concern. One way to replace ships or add to one's fleet is to purchase ships that have been repossessed by the bankers. NMM and parent Navios (NM) have been doing just that, announcing in the past few months that they have purchased several ships for pennies on the dollar.
    Sep 6, 2015. 09:10 AM | 1 Like Like |Link to Comment
  • Why Settle For GE When There's 3M? [View article]
    Yeah, and he almost ruined MMM TOO.
    Sep 5, 2015. 09:49 AM | Likes Like |Link to Comment
  • Why Target Investors Are Lukewarm With Q2 Results [View article]
    In April, 2015, Target laid off 1700 workers (mostly at the Minneapolis headquarters) and eliminated 1400 open jobs. In June, they laid off an additional 140 in Minneapolis and India, and eliminated more unfilled openings.

    I think one should do some homework before saying that Target hasn't addressed
    a "bloated" headcount at the HQ.

    Go target!

    If you prefer shopping or owning Wal-mart, go right ahead. For myself, I'd prefer Target, with its better quality of goods, better value, and better corporate citizenship.
    Aug 21, 2015. 02:37 PM | Likes Like |Link to Comment
  • Sizing Up Industrials: 3M [View article]
    I'e owned MMM since the early 90's. Bought more yesterday at $148.55.

    Go MMM !
    Aug 12, 2015. 11:53 AM | Likes Like |Link to Comment
  • Generating $100 A Month From Kinder Morgan [View article]
    bmcpic: What you are missing is that KMI pays a secure, growing dividend. Whether the price is $30/share or $40/share, they will still pay you $0.49 on August 15th. This amount has been stable, and increasing for years (adjusted for the consolidation of KMI, KMP and KMR).

    I have invested in a variety of dividend-paying stocks so that each month I can write a check to myself from the Schwab account. Regardless of market conditions, the cash magically appears every month. If you start with large cap industry leaders, it is possible to build a portfolio of outstanding companies that pay dividends each month. By weighting them appropriately, it is possible to arrive at approximately equal payments each month. For example, DOW pays in Jan, Apr, July and Oct, while KMI pays in Feb, May, Aug and Nov, and MMM pays in Mar, Jun, Sep, and Dec. Over time, your monthly income will increase as the companies increase their dividends.
    Aug 7, 2015. 11:13 AM | 3 Likes Like |Link to Comment
  • U.S. Earnings, The Fed And Trading Strategies (Video) [View article]
    Robgra: Right on!
    Aug 2, 2015. 09:42 AM | Likes Like |Link to Comment
  • 3M Is Getting Whacked By The Strong Dollar; Get Out While You Can [View article]
    I first bought MMM in the early 1990's. My broker told me I was over-paying After two stock splits, and ever increasing dividends the cash basis of those MMM shares is so low -- about $30.00/share --that I couldn't afford to sell, even if I wanted to.

    Last week, I bought shares for my grandson's college fund. Let's see where we are in six years, when we need to start paying tuition.

    GO MMM!
    Aug 1, 2015. 10:35 AM | 2 Likes Like |Link to Comment
  • Rich Kinder Should Be Rooting For Lower Prices [View article]
    It worked reat for holders of KMR and KMI.
    Jul 19, 2015. 11:11 AM | 2 Likes Like |Link to Comment
  • 3M's Premium Is Unjustified And The Stock Looks Expensive [View article]
    Have owned MMM since the early 90's. At that time, my broker told me it was stupid to buy MMM, because it was over-priced. Now my dividend is over 13% (based on my cost), and after two stock splits, my basis is so low that I couldn't afford to sell. even if I wanted to. Buying 3M was one of the best investment decisions I ever made -- even though it was "too expensive!"

    Go MMM!
    May 13, 2015. 09:37 AM | 2 Likes Like |Link to Comment
  • Generating $100 A Month From Kinder Morgan [View article]
    Those 3118 bonds with the 4% coupon are available ONLY in the secondary market (bonds that were issued some time ago, but are now being re-sold).

    You can expect to pay a premium price for a bond issued by a AAA company paying a 4% coupon rate. I don't really care what the coupon rate is. What's important is the rate of return that I will receive, based on my purchase price.
    May 8, 2015. 05:11 AM | 2 Likes Like |Link to Comment
  • High-Yield Placeholders For Dividend Champions [View article]
    KMI is NOT a partnership. Richard Kinder eliminated Kinder Morgan Partners (KMP) and their limited liability corporation (EEQ) last year, and folded them into Kinder Morgan, Inc., which used to be the general partner for KMP.
    Apr 25, 2015. 01:50 PM | Likes Like |Link to Comment
  • 7% Raise For The Dividend Growth 50 [View article]
    If Fidelity were the last brokerage on earth, I'd have to get out of the market.

    When my wife retired, Fidelity was the custodian of her 403-B account. Their clerical error cost us about $3,000.00. After months of haggling without success, we moved to Schwab, where we are treated with courtesy, fairness and respect. We got a $600.00 bonus,too.
    Apr 7, 2015. 11:58 AM | 3 Likes Like |Link to Comment
  • GE: Small But Meaningful Investments [View article]
    I agree that 2015 is somewhat problematic for GE. I don't know whether the current investments will start to pay off in 2016, 2017, or later. What I DO know, is that eventually the companies that are currently inventing our future will generate gains and increasing profits. GE is such a company, and is now back to paying a good dividend while I wait for future developments. If only I had bought more when it was priced below $10//share.
    Apr 2, 2015. 09:46 AM | 1 Like Like |Link to Comment
  • 3M's Serial Dilution Is Lessening The Buyback's Effectiveness [View article]
    Do you really think that the number of new shares issued for management incentives, acquisitions, or other purposes would have been any less if the company weren't buying back shares?

    I'm not a big fan of some reasons for issuing new stock, but stock issued is unrelated to the buy-back.

    I'd REALLY like them to split the stock, even though that would require them to issue 700MM new shares.

    Go MMM!
    Mar 27, 2015. 09:34 AM | 1 Like Like |Link to Comment