SteveTheHawk

SteveTheHawk
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  • Staying Calm In The Midst Of Bear Market Volatility  [View article]
    Rose,
    I decided to take the leap and bought a 1/3 position in MMM a couple days ago at $137. We'll see what happens from here I guess. I wouldn't mind filling out the position at some lower prices.

    Steve
    Jan 24, 2016. 12:16 PM | Likes Like |Link to Comment
  • A Checklist For Studying Archer Daniels Midland  [View article]
    On the left side of the page, click on "Cash Flow", then refresh the graph (click Go).
    Jan 24, 2016. 11:41 AM | 2 Likes Like |Link to Comment
  • Project Escape Velocity  [View instapost]
    Chowder,

    Thanks much for sharing this information. It would appear that you are doing quite well. The portfolio owner should be quite pleased, and I'm sure they will be.... especially in the future.

    Steve
    Jan 23, 2016. 05:45 PM | 1 Like Like |Link to Comment
  • Project Escape Velocity  [View instapost]
    Just my POV... take it for what it's worth.

    I would think that anyone with less than $30-50K to invest should probably not be considering individual stocks. Less than that makes diversification a little tricky.

    I can understand not sharing dollar values. I don't share mine either, but I'll talk percentages all day. Even without dollar figures, a reader can take this info and consider how they might apply it in the future once their portfolio grows a bit.
    Jan 23, 2016. 05:43 PM | Likes Like |Link to Comment
  • Retirement Strategy: This Is A Dip I Will Not Buy Right Away  [View article]
    I couldn't see new comments (this article only) yesterday or last night. Seems like this morning, it is working again.
    Jan 20, 2016. 08:46 AM | 1 Like Like |Link to Comment
  • Consider National Oilwell Varco For 6.1% Dividend Yield While Waiting For Oil Price Recovery  [View article]
    I agree. NOV is just under 1% of our portfolio, and I'm not inclined to take it any higher. I'm holding what we have at a loss, and will continue to do so, but it's just a speculative play for me. I do have serious concerns about the dividend. However, if the stars align the right way, I could still make a few bucks.
    Jan 19, 2016. 04:27 PM | 2 Likes Like |Link to Comment
  • Selling Dividend Growth Stocks: Reluctantly Ending 'Forever' Marriages  [View article]
    Bill,
    That's horrible. Nothing like getting hit from both sides. So sorry for your losses.
    Jan 19, 2016. 12:36 PM | 4 Likes Like |Link to Comment
  • Selling Dividend Growth Stocks: Reluctantly Ending 'Forever' Marriages  [View article]
    Mike,
    Interesting article. I appreciate you laying out your thought process. If I'm not mistaken, I began trying to figure out this "DGI" thing about the same time as you. I've also had a lot of the same thoughts, concerns, fears and second guesses. I still view myself as a buy and hold type of investor.

    With the possible exception of B&H, I don't think anyone is a buy/hold investor 100% of the time. I expect that I (and others like me) will always feel the need to make some adjustments as time goes on. That seems to be part of the process.

    I have a LOT of learning to do. Articles like yours are very helpful in that endeavor. Thanks for writing.

    Steve
    Jan 19, 2016. 08:44 AM | 8 Likes Like |Link to Comment
  • Retirement Strategy: This Is A Dip I Will Not Buy Right Away  [View article]
    RS,
    I'm with you. Market timer I'm not. It's out of my league. However, the combined status of "all things investing" has me feeling uncomfortable. The only buy I have made recently is a small purchase of VCSH (short maturity bond ETF). Not a great return, but reasonably safe I think.

    Every time I consider a buy of the stalwarts, I find issues/concerns that make me think I would not be getting a good deal. Some are down by a decent amount (EMR, XOM, CVX) and they may very easily go lower. I'm about 35% cash and equivalents right now. For now, the plan is to just sit and collect whatever dividends are coming in. I'm not vastly experienced in the art of DGI, and hope I'm doing the right thing, but I have to go with my gut (and comfort level).

    Steve
    Jan 18, 2016. 12:57 PM | Likes Like |Link to Comment
  • My 2016 Portfolio Business Plan  [View article]
    As does Fidelity, if you use that brokerage.
    Jan 18, 2016. 12:39 PM | 1 Like Like |Link to Comment
  • The FCF 5: Does Tech Giant Microsoft Pass My Free Cash Flow Tests?  [View article]
    I do like MSFT. Bought some last March at $41.50... it has 1.5% weight. I like the direction Nadella is taking. He is making some significant changes, which I suppose can be risky. However, it seems like he is trying to put some emphasis where it is needed. It's still a work in progress, but Office 365 is making some strides. The line of Surface tablets, while a little pricey in general, has been well received. WIN 10 is a great improvement over version 8. Overall, they are moving in the right direction IMO.

    It is our only tech stock, and I wouldn't mind bumping it up to a 3% weight. I'm currently watching for $45 or below.
    Jan 18, 2016. 12:30 PM | 1 Like Like |Link to Comment
  • My 2016 Portfolio Business Plan  [View article]
    Travel,
    Just a wild guess, but I'm betting that Bob already has that covered. :-)

    Steve
    Jan 17, 2016. 12:16 PM | Likes Like |Link to Comment
  • Staying Calm In The Midst Of Bear Market Volatility  [View article]
    Rose,
    I'm not sure what to think as to MMM's div growth either, at least for the immediate future. It seems as if they prefer to keep the payout at 50% or below (about where it is now). If I were to make a wild guess at next month's increase, perhaps 4 to 6% would be it, though I could easily be wrong.

    I don't own any MMM and would be pleased to add its super stable dividend to our holdings. It has finally reached that 3% level I've been waiting for and as you say, it is a bit tempting. I may take a 1/3 position tomorrow then wait and watch. Perhaps someday a bear will run through the markets and an even better price will be had.

    Steve
    Jan 17, 2016. 11:13 AM | 3 Likes Like |Link to Comment
  • My 2016 Portfolio Business Plan  [View article]
    Maybe,
    Excellent and informative website. Thanks for sharing that info.

    Steve
    Jan 16, 2016. 09:07 PM | 2 Likes Like |Link to Comment
  • My 2016 Portfolio Business Plan  [View article]
    Bob,
    This is a simply outstanding article. I have struggled for months trying to formulate a similar plan. I think my biggest obstacle is that I keep looking for the "perfect" plan. You have obviously put a great deal of thought into development, but even then you continue to refine it. This has motivated me to ditch the quest for perfection and just get something put together and then allow the edits to fall where they may.

    You have a very comprehensive game plan. Others, including myself, would do well to emulate it. Thanks for sharing it with us.

    Steve
    Jan 15, 2016. 10:03 PM | 4 Likes Like |Link to Comment
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