SteveTheHawk

SteveTheHawk
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  • Realty Income declares $0.1985 dividend  [View news story]
    Now, now. We all know that you shouldn't get emotional about investing. :-)
    Jan 14, 2016. 09:37 PM | 14 Likes Like |Link to Comment
  • Realty Income Announces Dividend Increase Of 5%  [View article]
    Yeah, I was wondering how they came up with a 5% figure. My brain agrees with you.
    Jan 14, 2016. 07:52 PM | Likes Like |Link to Comment
  • Chevron: How Low Can Crude Continue To Plunge?  [View article]
    It was nothing but a political statement. Best to ignore, lest you want to start a Yahoo-like comment section here on SA.
    Jan 13, 2016. 02:43 PM | 18 Likes Like |Link to Comment
  • These Stocks Are Proven Over Time: 3M Co.  [View article]
    Mike,
    I'm absent any MMM currently and very much want some. It's down close to a 3% yield and any decent increase next month should push it to that level pretty easily.

    Got any guesses as to the level of increase? My WAG is about 5%, which makes it tempting in my book.

    Steve
    Jan 7, 2016. 10:32 PM | Likes Like |Link to Comment
  • These Stocks Are Proven Over Time: 3M Co.  [View article]
    Mike,
    Which color(s)? Also, have you considered the issue of chafing?
    Jan 6, 2016. 06:24 PM | Likes Like |Link to Comment
  • 3M Is A Sell Due To Headwind Of U.S. Dollar Strength  [View article]
    I can't know what will happen in the way of FX or the actions of the Fed. What I do know is that I would very much like to add MMM to our portfolio. Here's hoping you are correct and significantly lower price will present itself.

    Steve
    Jan 3, 2016. 06:09 PM | 16 Likes Like |Link to Comment
  • These Stocks Are Proven Over Time: 3M Co.  [View article]
    "I would personally expect a trading range between $135 and $170 in 2016, roughly 16 to 20 times estimated earnings."

    It is difficult for me to have MMM absent from our portfolio. My DW and I would benefit from its presence, if not from an outstanding yield then at least from a stable and dependable dividend.

    I've been watching MMM for some time and had a buy target of $134. I missed the dip late last year. It never quite got there while I was watching. I should have started edging in at $140. I could have had it at $139 this year, but did I? Nope.... I was busy stubbornly waiting for $134.

    I hope your estimate on price is correct. I would certainly pick up some shares at $135, though I think I will wait until the next dividend is announced. My uneducated guess is that the increase won't be as stellar as in recent past. I want the stock, but don't know if waiting for a greatly improved price is just an exercise in futility.

    Steve
    Jan 2, 2016. 06:18 PM | 5 Likes Like |Link to Comment
  • I Hate To Say It, But I Sold Half Of My Coca-Cola  [View article]
    Dave,
    I'm not a huge fan of funds but I must admit that the more I look at SCHD, the more I like it. I find it likely that I will buy a chunk of it if a significant correction takes place. It's one of only a few dividend funds that I would consider owning.

    It's also on my list as a legacy holding. If something happens to me, my DW won't be checking out individual stocks. That's not her thing. Funds like SCHD would make her financial life a lot easier. I appreciate your past articles discussing these issues.

    Steve
    Jan 1, 2016. 02:19 PM | 2 Likes Like |Link to Comment
  • I Hate To Say It, But I Sold Half Of My Coca-Cola  [View article]
    Hi Balanced,
    I have also wondered about the growth of the dividend. The last increase was 8.2%, which I view as more than satisfactory. I'm willing to give a stalwart like KO some time, though it seems likely that the increase in March will be lower.

    Time will tell. If I can decrease cash weight by finding some better values in the market, I may decide that our KO holdings would be better off elsewhere. For now, I just sit and wait.

    Steve
    Dec 31, 2015. 11:09 AM | Likes Like |Link to Comment
  • I Hate To Say It, But I Sold Half Of My Coca-Cola  [View article]
    KO is almost 8% of our portfolio and has been built up over the course of about 5 years. I have no plans to add more unless it drops to $36 or lower. I definitely view it as overpriced at the moment, but I'm not comfortable with selling and giving up the income. I already have a 35% cash allocation, and I don't know where I would want to invest the proceeds from a KO sale. Our PEP holdings have certainly outperformed KO, but I'm already heavy there as well.

    I'm not overly impressed with KO as of late, but I don't think the dividend is going to disappear so I'll just ride along and collect the income. As a retired guy, I'm a fan of income.

    I don't think your sale of KO is all that controversial. It's your portfolio and you have to do what you are comfortable with.

    Steve
    Dec 31, 2015. 10:44 AM | 5 Likes Like |Link to Comment
  • Wal-Mart seen as undervalued by Morningstar  [View news story]
    hannan..

    Transcripts DID allow that 10% of us have a long horizon mindset. :-)
    Dec 29, 2015. 12:48 PM | Likes Like |Link to Comment
  • Looking At Union Pacific Through My Excel Spread Sheet  [View article]
    rmsuffy and L1329-8,

    Thanks very much for the info and offer of assistance. As it stands for now, I have put my efforts into my Google Sheets portfolio and will likely continue using that option.

    At some point I may want to switch to Excel and will look at the options you mention. I appreciate your replies.

    Steve
    Dec 28, 2015. 01:46 PM | Likes Like |Link to Comment
  • Looking At Union Pacific Through My Excel Spread Sheet  [View article]
    peace,

    It is difficult to incorporate data/info other than numbers into a spreadsheet. I am working to add criteria like credit ratings to my sheets. Still, I like to keep certain notes about a company that just won't fit well in a column or row. You can add small comments to a cell in the sheet, but those are a bit limited.

    Since I use Google Sheets, I also started using Google Docs. I have a folder of documents for taking notes on each stock. Each stock in the spreadsheet has a link to the document for that stock. If I want to review my notes, I just click the link and the document pops open. So far, that's the best solution I've been able to come up with. Seems to work for me at the moment.

    Steve
    Dec 27, 2015. 06:12 PM | 1 Like Like |Link to Comment
  • Looking At Union Pacific Through My Excel Spread Sheet  [View article]
    rdtuck02,
    No I haven't. That's one of things that is lacking on Google Sheets. I just enter the annual dividend manually in the appropriate column. I don't understand why they don't make that info available. At least dividend payouts don't change that often, so punching the number in isn't a lot of work I suppose.

    I've read a few articles that discuss methods/formulas and data links to retrieve dividend info, but in my case it seems like less work to just type the amount in when it changes. On the plus side, it gives me a reason to monitor dividend amounts. :-)

    Steve
    Dec 27, 2015. 12:04 PM | Likes Like |Link to Comment
  • Looking At Union Pacific Through My Excel Spread Sheet  [View article]
    I've tinkered with retrieval of stock data in Excel. Perhaps I'm missing something, but I've never been able to get it to work reliably. It involves using macros and/or the API to download from Yahoo or other sites. None of it seems to be officially sanctioned or supported by Microsoft.

    I have a much easier time using Google Sheets for stock info. They have numerous stock functions "GoogleFinance()" that ARE supported by Google. Their function list does not cover everything, but it's still quite useful IMO.

    Steve
    Dec 27, 2015. 11:16 AM | Likes Like |Link to Comment
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