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SteveTheHawk

SteveTheHawk
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  • Ventas Has Gotten Way Too Cheap With 30% Upside On Strong Fundamentals [View article]
    Mike,

    It's not a hard rule. I may very well find myself above or below that mark. I am always struggling with how much emphasis I want to place on allocation. I know some people don't concern themselves much with it, but I've messed up in the past by going on a buying spree with big oil. I then had to reverse course because I was uncomfortable with a weight over 20% when I couldn't find enough other stocks to buy to balance it out.

    To help myself not do anything stupid like that again, I scribbled down the general weights I want to assign to each M* sector.

    Telecom 10%
    Cons Cyclical 10%
    Cons Defensive 25-30%
    Energy 10%
    Healthcare 10-15%
    Real Estate 15%
    Utilities 10-15%
    Other 5-10%

    I'm still way off on some of these sectors. Still work to be done. I'm always a work in progress though. The list will never be perfect and in my case is always subject to change. It's mostly just to remind myself to not go crazy in a given sector.

    Steve
    Jun 19, 2015. 04:35 PM | 2 Likes Like |Link to Comment
  • Down 15% Year To Date, Wal-Mart Is On Deep Discount [View article]
    Bob,

    From a DGI perspective, I have to say that WMT is no longer a growth story but pays a dividend as if it is. IMO, your phrase of "high dividend yield" should be "high dividend yield for WalMart". A 2.6% yield doesn't qualify as "high" for most investors that I know of. Multi-year dividend increases of 2% are in my opinion rather pathetic.

    I'm not dousing you with criticism, just throwing my two cents in. WMT may very well go higher over the long haul, but in looking for dividends they have lost my interest.

    Steve
    Jun 19, 2015. 04:08 PM | 5 Likes Like |Link to Comment
  • Procter & Gamble: Pros And Cons [View article]
    Yup, I agree completely. PG has about 3.5% income weight in our portfolio. I won't look at it for purchase above the mid-70's. It's a stalwart no doubt, but it's a troubled stalwart at the moment.

    Steve
    Jun 19, 2015. 02:52 PM | 1 Like Like |Link to Comment
  • Ventas Has Gotten Way Too Cheap With 30% Upside On Strong Fundamentals [View article]
    Mike,
    I own HCP, DLR, O and VTR, with VTR being the smallest holding. As a group, they are just under 10% income weight. I was thinking that at some point I want to bring total weight up to about 15%. And yes.... a VTR add is tempting IMO.

    As to that sector, do you have a goal/guideline for weight in your portfolio?

    Steve
    Jun 19, 2015. 02:47 PM | Likes Like |Link to Comment
  • McDonald's tests specialized menu platform at more stores [View news story]
    Ok. I can see where that might appeal to some people. Kind of like Culver's does it, except that you have to order from the counter. The question that remains for me is whether or not they will have figured out how to create a hot and juicy burger patty. I don't know what it is, but Mickey's burgers are one of the driest, with the least amount of flavor.
    Jun 19, 2015. 01:27 PM | Likes Like |Link to Comment
  • Chevron maintained Sell at Goldman, which notes lackluster dividend [View news story]
    Wait.... I just sold all my CVX shares after reading the bullet points of this article. So, you're saying that I should not have done that? <sarcasm off>
    Jun 19, 2015. 11:27 AM | 8 Likes Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    DS,

    I'm still waiting to get that kind of reaction from my DW. Good for you (and her).

    Steve
    Jun 19, 2015. 09:30 AM | Likes Like |Link to Comment
  • 8% Raise For The Dividend Growth 50 [View article]
    BB,
    I guess the way I look at it, the base is the base, and it's different for everyone. I stick with percentages to gauge my success or failure. It's the only number that makes sense to me. In my case, I'm not overly pleased with my DG percentages YTD. Gotta do something about that. :-)

    Steve
    Jun 19, 2015. 09:29 AM | Likes Like |Link to Comment
  • What The Great Recession Taught Me About Dividend Growth Investing [View article]
    Mike,
    I've never owned LNCO/LINE, but everything else you said is a mirror image of my situation. Trying to get my entire portfolio to qualify as "quality". Options are fine for others, but as for me.... nah. I keep reading little bits here and there with regard to options. Maybe someday. For now, I still struggle with doing it right with DGI.

    Steve
    Jun 17, 2015. 09:08 AM | 3 Likes Like |Link to Comment
  • Why Chevron Stock Is A Buy Right Now [View article]
    Zedanski,

    Many issues to consider, no doubt. It's definitely not coming up roses for the big oil industry. I'm still debating with myself as to trimming some of my big oil holdings. I hold CVX and XOM and they constitute 17% weight. I don't want to try and time the market, but I do worry that the weight is too high in general.

    If I trim, the next challenge will be buying something to replace it. It's always something. :-)
    Jun 16, 2015. 08:23 AM | 1 Like Like |Link to Comment
  • Don't Over Think This: Wal-Mart Is A Buy [View article]
    I don't know how much selling of the stock it might have generated, but a lot of dividend investors have dumped the stock due to pathetic dividend growth over the last two years. Perhaps a combination of this and earnings that are less than exciting.
    Jun 15, 2015. 07:40 PM | 1 Like Like |Link to Comment
  • Why Chevron Stock Is A Buy Right Now [View article]
    I'm not sure what to think as to timing on CVX. Things might get a lot worse before they get better. Doesn't really matter for me though. I have a boatload of it, probably way too much.... so an add is out of the question. I'm sitting on a moderate unrealized loss, just keeping the faith in CVX, and of course hoping that the faith has not been misplaced.

    Steve
    Jun 15, 2015. 04:32 PM | 11 Likes Like |Link to Comment
  • Retirement Strategy: Overweight But I Still Want More Income [View article]
    Chowder,

    Yeah, I saw that in Josh's email the other day. It actually surprised me a little. He bought both O and VTR. I still see O as a being a bit overpriced, bordering on fair value. VTR seems the better value, but also has a High degree of uncertainty to go with it.

    Wouldn't mind owning a bit more of both, and temptation is gnawing at me. Kind of been hoping for a market panic on interest rates. Don't know if that will happen though.

    Steve
    Jun 15, 2015. 04:27 PM | 1 Like Like |Link to Comment
  • What The Great Recession Taught Me About Dividend Growth Investing [View article]
    Chowder,

    If you don't mind, I would like a charter membership in your Total Ignorance Club. We can salute together.

    Steve
    Jun 14, 2015. 05:29 PM | 1 Like Like |Link to Comment
  • What The Great Recession Taught Me About Dividend Growth Investing [View article]
    It means "Crown". Hmmm.... didn't know that. SA is such an educational place. :-)
    Jun 14, 2015. 04:20 PM | Likes Like |Link to Comment
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