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SteveTheHawk

SteveTheHawk
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AAPL, ABBV, ABT, AEO, AEP, AMJ, AMZN, ARLP, BAC, BKCC, BKE, BOND, BRK.B, CL, COP, COST, CSCO, CVX, DLR, DTN, DUK, DVY, ED, EXC, FTR, GD, GE, GIS, GPC, GS, HAS, HGIC, IBM, INTC, JNJ, K, KEY, KKR, KMB, KO, KONA, LMT, MCD, MKC, MMM, MSFT, O, PEP, PG, PM, SCTY, SDY, SO, SON, SYY, T, TGT, THI, TWC, UL, VTR, VZ, WAG, WEC, WFC, WM, WMT, XOM, XRT, YUM
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  • There's No Reason To Buy Procter & Gamble Right Now [View article]
    Based on estimates, PG does seem a little overpriced. For DG investors, a minimum current yield of 3% seems like a reasonable starting point. Even then, it's not a bargain.... just a dependable blue chip stalwart for collecting income.
    Feb 6, 2015. 11:38 AM | 4 Likes Like |Link to Comment
  • Target Or Procter & Gamble For Long-Term Dividends? [View article]
    I don't know who said that, but what it means is that someone just can't resist spewing their political opinions on an investment forum.
    Feb 5, 2015. 07:27 PM | 5 Likes Like |Link to Comment
  • Emerson Electric: How The First Quarter Went And What We Can Look Forward To [View article]
    Nice article. I added a small initial position today at $57.25, making it 1.8% of our portfolio. The yield is solid enough for me, and I suspect I may get a chance to average down on price and up on yield.

    They seem to be facing some headwinds alright, but my focus is on the dividends which are secure in my view. Time to wait for a bit and watch for an opportunity to add.
    Feb 5, 2015. 02:17 PM | 3 Likes Like |Link to Comment
  • Project $3 Million Dividend Results - Objectives [View article]
    h fenring,

    That's what I get for doing two things at once. I forgot to include a comment about M* fair value. I always get that right off the quote page. However, I have an account with them in that I subscribe to one of their newsletters. I'm not positive that you see their fair value estimate without an account of some sort.
    Feb 5, 2015. 10:06 AM | Likes Like |Link to Comment
  • Project $3 Million Dividend Results - Objectives [View article]
    h fenring,

    For M*, when you bring up a stock quote, look at the menu above the quote. On the right side of the menu there is a link for "Bonds". That should display their credit rating.

    For S&P, just look down a page or two on the left, and it should list Fair Value. Maybe not for every stock, but for most.
    Feb 5, 2015. 09:56 AM | Likes Like |Link to Comment
  • Project $3 Million Dividend Results - Objectives [View article]
    Chowder,

    Ah, yes. I forgot about the double confirmation you use for discount to fair value. That makes a lot of sense. I'm not sure what I'm going to do yet. I do also have room for some more GE and it's close to my buy price, but I was leaning toward EMR just to spread out the portfolio a little more.

    I may end up adding to both depending where prices go from here. Thanks for your comment.

    Steve
    Feb 4, 2015. 05:45 PM | Likes Like |Link to Comment
  • Project $3 Million Dividend Results - Objectives [View article]
    Chowder,

    Not that you need my input, but I'm going to babble anyway. Got some GE already. I've been looking seriously at EMR and have been eyeballing an initial position at $57 or below. It's pretty dang close to $57 as I write this. I've been waiting a while for a shot at adding this stock. Love me some Aristocrats.

    * Not quite a Chowder Rule contender (just over 10)
    * Facing headwinds (forex, etc), but that may allow me to average down.
    * 17% discount to M* fair value (MDI service holding) / A+ credit
    * Jefferson Research - great ratings in all categories
    * EVA Dimensions / 99 StarMine score / rates a buy @ $59

    I'm leaning toward making it 2% NAV of our portfolio and then stop to watch for a chance to average down. There's my .02.

    Steve
    Feb 4, 2015. 04:07 PM | Likes Like |Link to Comment
  • Southern Co. guides Q1, FY 2015 earnings lower [View news story]
    Yeah, no doubt. Not sharply enough. It's still pretty dang expensive.
    Feb 4, 2015. 02:34 PM | Likes Like |Link to Comment
  • Should You Buy The Burger Bump? [View article]
    Mickey's is a tough call right now. Their burgers are not good.... but quite edible. They are also more budget friendly, which is a trade off I guess and I suppose it depends on who they want to cater to on the economic scale.

    A new CEO might be a good thing, but it may mean nothing. Restaurant expert I'm not so I just have to look at it from a DGI perspective. Based on the payout ratio and the last couple increases, I don't anticipate a great deal of dividend growth for at least the next year or two. Perhaps enough to stay ahead of inflation.

    MCD is a little over 3% of our portfolios. I don't plan to add unless the price drops at least 5% or so. I don't expect MCD to be a growth monster in the future, but I also don't think it's going away anytime soon.
    Feb 4, 2015. 02:03 PM | 1 Like Like |Link to Comment
  • Chevron: Cutting Spending In The Wrong Area [View article]
    Seems like an article coming from the total return / capital gains side of the fence. Personally, I don't want to sell stocks every time I need money. I also don't want to be forced to sell stocks in a down market. Thus, I'm a DGI guy and I disagree with the article. Takes all kinds to make a market though.
    Feb 3, 2015. 10:14 PM | 6 Likes Like |Link to Comment
  • Project $3 Million Dividend Results - Objectives [View article]
    miss,

    Love that story. Reminds me of the old question... "where are the customer's yachts?".
    Feb 3, 2015. 11:45 AM | 4 Likes Like |Link to Comment
  • The Dividend Growth Weighting Game [View article]
    BHN,

    I'm trying to bide my time as well, though I'll admit to being frustrated with the lack of reasonable prices these days. Most REITs seem pricey. I'll agree with you there. I guess I'll just have to find a way to gain more patience. I like the idea of having it on your monitor.

    Steve
    Feb 2, 2015. 03:15 PM | Likes Like |Link to Comment
  • The Dividend Growth Weighting Game [View article]
    Mike,

    Yup, bargains are hard to find and I must admit that confidence on my part is lacking. I'm leaning more toward just starting a DCA approach with a couple stocks that I like, if I can find them. I'm full up with XOM. JNJ is a top off candidate, but hoping for a better price. Not sure what to make of the upcoming spin-off with BAX. AMGN's yield is a bit low for my tastes, but I'm already retired.

    Of the stocks you mention, I'm most intrigued by MSFT. They seem solid and I have no exposure to tech in my portfolio. I also considered IBM but decided that I like MSFT more. I need to spend some time checking out QCOM. I've seen it mentioned frequently here on SA.

    I appreciate your comments, and I prefer to forget that play by Carroll.

    Steve
    Feb 2, 2015. 03:04 PM | Likes Like |Link to Comment
  • The Dividend Growth Weighting Game [View article]
    Mike,

    Thanks for your comment. Nice work on the KRFT buy. Genius indeed!

    I'm with you on energy in that I haven't the first clue as to where the bottom is. I'm certainly not buying more at the moment. I may trim back a little and shoot for about 15% allocation. As you say, it's a tricky one.

    I have a lot of cash (43% overall) to invest at the moment which is frustrating. Your key word of "cautious" is probably a good idea at current prices. Patience is in order I think, and I hate that. Thanks again.

    Steve
    Feb 2, 2015. 08:58 AM | 2 Likes Like |Link to Comment
  • The Dividend Growth Weighting Game [View article]
    Scott,

    Thanks for your response. I can see where multi-unit properties might spread the risk, especially compared to single family units. OTOH, I don't possess a clue as to how to even get involved in investing in something like that. Worse yet, I would have no idea what to look for or how to determine a good investment from a bad one.

    I was pretty much a mutual fund guy up until about 4 years ago. Since then I have worked to understand individual stocks in the world of DGI. I have yet to spread my wings into other areas. Mostly, I want to feel like my bases are covered on the DGI front first. I'm not quite there yet. I need to learn a few more things and establish the first draft of my investment plan. Maybe, just maybe, I can then dabble in other areas in a small way.

    Steve
    Feb 1, 2015. 03:26 PM | 2 Likes Like |Link to Comment
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