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  • 3M: A Time For Caution [View article]
    I bought MMM in the early 90's over the objections of my broker (It was over-priced). After 2 stock splits, my cost basis on those shares is now about $22.00 per share, bringing my "yield on cost" to almost 20%. I have been collecting the dividend and reading articles like this one about how overpriced MMM is for 25 years.
    Nov 26, 2015. 09:50 AM | 25 Likes Like |Link to Comment
  • Coca-Cola: A Truly Horrible Investment For Most [View article]
    Mr B: I couldn't have said it nearly as well.
    Nov 20, 2015. 10:15 AM | Likes Like |Link to Comment
  • Plug Power: The Only Thing You Need To Know [View article]
    Dill pickles are great! MUCH better than lollipops
    Nov 9, 2015. 02:37 PM | 2 Likes Like |Link to Comment
  • General Electric: Strap Yourselves In And Prepare For Liftoff [View article]
    Sorry for the poor choice of words. The intent was to point out that the qualified dividends are not taxed at the same rate as ordinary income.
    Nov 7, 2015. 06:51 PM | Likes Like |Link to Comment
  • General Electric: Strap Yourselves In And Prepare For Liftoff [View article]
    Qualified Dividends (which GE''s are), are taxed as capital gains if the stock is held for more than 60 days. Taxed as long-term capital gains if the stock is held for more than one year.
    Nov 5, 2015. 12:55 AM | Likes Like |Link to Comment
  • My Dividend Investing Strategy For The Next 2 Months [View article]
    If the FED finally agrees to raise the Federal Funds Rate from 0.14% to 0.39%, I can't believe that the effect would be noticeable by anyone but the big banks.

    For over 400 years, the "real" interest rate (the difference between the charged rate and inflation) has been approximately 4%. The fact that the real rate has been held at almost zero for most of the past decade is remarkable, and long over-due for normalization.
    Nov 2, 2015. 09:20 AM | 3 Likes Like |Link to Comment
  • Intel Goes Ex-Dividend This Week: How To Double Your Dividend And Earn Over 15% [View article]
    As a retiree I have worked to balance out my dividend income stream so that I earn approximately the same dollar amount each month. Trading options has a high likelihood of disrupting that income stream. It also means that you lose control of purchase and sales dates, opening you to the possibility of receiving dividends that lose their "Qualified" status if you haven't held the stock the required 60 days before receiving its dividend.

    For me, the potential for a few extra dollars is FAR outweighed by the risks inherent in trading options. Selling "covered calls" that will never be called, sounds like free money, but as my grandpa always preached, "If it sounds too good to be true, it probably is."
    Nov 2, 2015. 08:37 AM | 7 Likes Like |Link to Comment
  • Dow Chemical Worth $35 A Share [View article]
    Wishful thinking. I, too, would love to buy DOW at 35, but IT AIN'T GONNA HAPPEN.
    Oct 11, 2015. 09:00 AM | 4 Likes Like |Link to Comment
  • Annaly Capital: Don't Miss The Boat On This 12% Yielder [View article]
    I agree that the concerns about the Fed raising rates are overblown. For over four hundred years, the basic interest rate, before inflation, was 4 percent. For the past decade, it has been held at zero, mainly to the benefit of the bankers. I have to think that raising the "discount rate" by 1/4 of 1 percent would be a non-event, and the long-term benefits of letting interest rates gradually return to normal would FAR out-weigh any short-term difficulties.
    Oct 11, 2015. 08:57 AM | 9 Likes Like |Link to Comment
  • 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