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  • Retirement Strategy: The Apple Juggernaut Should Be In Every Retirement Portfolio Right Now [View article]
    I agree, RS. I am still undecided as to whether I want to own AAPL stock. What I do know though is that real work requires Windows. That's what the business world runs on. That may change some day, which adds to my interest in AAPL.

    I don't feel like I have to rush into it, but I can see myself owning AAPL stock at some point. Nice article.
    Jul 30 10:12 AM | 1 Like Like |Link to Comment
  • The Day I Held Everything [View article]
    Agreed, Cape. Eli is one of my favorite authors on SA. Articles like this are the reason.
    Jul 30 10:04 AM | 2 Likes Like |Link to Comment
  • A Diversification Dissertation For Income Investors [View article]
    I've only been involved with DGI for a couple years, so the number of my "rules" that are set in stone are very few. I learn constantly (especially here on SA) and as a result I keep tweaking my approach.

    I have been contemplating as of late which side of the diversification scale (capital or income) I should concentrate on. I've tended to focus on the capital side of things but I'm starting to conclude that this contradicts my goals. Being a DGI guy, it would seem that I'm supposed to be focused on an income stream. Accordingly, I am concluding that I need to place my focus on the diversification of income rather than the allocated capital.

    Our (DW and I) div portfolio consists of 24 holdings. I eventually want to get closer to 30. I don't want to monitor any more than that. The capital allocation ranges from 1.5% (low conviction) to almost 9% (the stalwarts). Quite accidentally, the income allocation is almost exactly the same. So, it would seem that I have to perhaps set up some more "rules" for allocation and then work to keep the portfolio in compliance.

    Thanks for your article. Good food for thought.
    Jul 30 09:32 AM | 1 Like Like |Link to Comment
  • A Way To Reinvest Your Dividends Based On Yield [View article]
    Bob.... question for you.

    As I said, I'm looking at MAT vs. HAS at the moment. I'm comparing various metrics and trying to determine my next move, if any. I would like your point of view if you don't mind me picking your brain a little.

    I understand the increase in yield going from HAS to MAT. I was wondering though if you would mind expanding on your "quality" criteria. What factors are you looking at in that regard? Thanks.
    Jul 29 09:56 PM | Likes Like |Link to Comment
  • A Way To Reinvest Your Dividends Based On Yield [View article]
    I should add.... I need to do a bit more analysis first though. :-)
    Jul 29 08:14 PM | Likes Like |Link to Comment
  • A Way To Reinvest Your Dividends Based On Yield [View article]
    I am considering doing the same thing. I have held HAS for a little over 2 years. It has treated me well. A 46% capital gain and 5% YOC. No too shabby. However, I'm looking at the current situation.

    MAT now has a current yield that is almost a full percent above HAS. The FAST Graph of both companies seems to give the edge to MAT as well. MAT has a much lower PE and is sitting very close to its 52wk low.

    HAS goes ex-div tomorrow. I don't really want to hold both stocks, so I'm giving serious thought to selling HAS in the next few days and buying MAT. Like you said, nothing wrong with trading up.

    Jul 29 06:50 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: Is It Time To Dump Everything? [View article]
    Agreed, Minute. I rarely watch news on television.... or television at all for that matter. I refer to TV news as the "doom and gloom" hour. That's what they do. Their audience wants to know of all the bad in the world.

    News anchors won't "waste" time reporting a lot of positive things, even if they would provide balance to the whole newscast. It's all about eyeballs and advertising revenue. Scandals, concerns and disasters bring in the viewers. Personally, I have enough to worry about and don't need to watch someone who wants to tell me about all the bad in the world. I already know that it's out there.
    Jul 29 10:16 AM | 3 Likes Like |Link to Comment
  • 10 Top Investment Books For Developing An Investing Philosophy [View article]
    I've read a couple of these books. I also have a stack of books waiting to be read (which I'm going to do shortly while on vacation).

    Your list seems like a fine bunch of books, though obviously no one will agree with it completely in that we all have our favorites. My point of view is that we should read these books and as many others as we can digest. From there we can use or disregard the material presented, depending on how well it serves our varying needs as individuals. Even a book that is not appreciated by the reader offers exposure to different ways of thinking, which is not a bad thing.
    Jul 29 09:49 AM | Likes Like |Link to Comment
  • McDonald's navigates food safety crisis [View news story]
    Hmm. Interesting. The few articles I've read have somehow led me to believe it was a Chinese company. I guess that in the end, it won't make a huge difference to MCD. The bad PR is already out there. I guess the fact that the supplier is an American company gives Chinese media more to talk about though.
    Jul 28 02:38 PM | Likes Like |Link to Comment
  • McDonald's navigates food safety crisis [View news story]
    Kind of ironic that the media there is always so hard on American food companies.... the core of the problem is a Chinese supplier. Guess they don't want to focus on that though.
    Jul 28 12:40 PM | 5 Likes Like |Link to Comment
  • Alliance Resource +5% after hitting records in coal sales volumes, revenues [View news story]
    Love it. This stock has been very good to my wife and I. Bought it a little over two years ago. We've got about a 70% gain and 8.9% YOC. I do hold it in a Roth, which I guess one is not supposed to do. However, I'm not much worried about the UBTI (or whatever it's called) at this point. Just enjoying the lovely dividends with capital gains to boot.
    Jul 28 12:09 PM | Likes Like |Link to Comment
  • Finding A Margin Of Safety In Realty Income [View article]
    Thanks for this article, Brad. Love the work you do.

    I like O a lot. My last purchase was in late November @ $38. It's doing its job pretty well. I want to increase our holdings incrementally and am looking for it to get closer to $40 before I do so.

    Jul 28 07:46 AM | 5 Likes Like |Link to Comment
  • Becoming Financially Independent With PepsiCo Dividends [View article]
    I had to laugh a few days ago. After and earnings report (that didn't seem so horrible to me) Tupperware took a big dive in price and was yielding 3.5%. I told my wife about it and said I had been watching it off and on. I had decided to start watching if it fell below $85. During our discussion, it was at $76. She declared that I should buy some of it. It's the first time she's ever done that.

    I don't think it's a great company, but it doesn't seem too off the wall. Probably higher risk than I like, but I went along with it. It's less than 2% of our portfolio. We'll see how that one goes. Decent yield and div growth. Near 52 week low. I'm hoping it turns out really well. That would encourage her to keep getting involved.

    I agree that DGI is an easy concept to explain and DW seems to grasp the broad concept without any difficulty. Getting into the nitty gritty seems to be what has her shying away. It seems to make her nervous and she much prefers to have me talk about it and explain the numbers. :-).

    As to PG.... I do want to bump up our holdings a bit. I purchased the first batch a couple years ago at $58. The last two batches are more recent at an average price of $79. It seems to be priced with a P/E that is below its normal levels. However, that's just the market declaring the premium that it is willing to pay.

    With the exception of the 2008 period, PG has consistently sold at a premium and with a current P/E in the 18/19 range, it really doesn't seem outrageously priced. I don't expect much more than upper single digit dividend increases, but I'm comfortable with that. I'll likely be sneaking in a few more buys in the near future.
    Jul 27 08:56 PM | Likes Like |Link to Comment
  • Becoming Financially Independent With PepsiCo Dividends [View article]
    I'm glad your wife is getting involved. I think I would enjoy reviewing investments with my wife. I'm going to continue offering our monthly dividend reports and income progress reports for her perusal. She doesn't seem to mind glancing at those.

    As to deciding which stock to purchase? I have serious doubts if she will ever want to make those decisions. I suspect she will need something/someone to follow if I'm not around. So far, the MDI newsletter seems to be one of the better options. I'm not giving up on getting her more involved though.

    I agree with your comment on buying quality companies. That alone can resolve a lot of the concern. I'm trying to focus on building our positions in the XOM's, JNJ's and PG's of the world. The valuations are tempering my enthusiasm a bit, but I continue to move forward slowly.

    Jul 26 08:03 AM | 1 Like Like |Link to Comment
  • Swap out Exxon for ConocoPhillips, Imperial Oil or Suncor, Barclays says [View news story]
    Well, let us hope that Barclays is correct. I would love to have XOM drop about $10 in price. I need some more in my portfolio.
    Jul 25 04:03 PM | 6 Likes Like |Link to Comment