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SteveTheHawk

SteveTheHawk
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  • Why I Purchased Exxon Mobil And Chevron This Week [View article]
    Yup. I bought in at 3.9% myself on Black Friday. Couldn't say no. Still, there is a good chance they will sink further. My plan is to buy a bit more every time the yield rises by another half percent.
    Dec 6, 2014. 12:15 PM | 6 Likes Like |Link to Comment
  • Flight To Quality: 14 Stalwart REITs That You Should Consider [View article]
    Thanks for the article as well as the link to your Forbes article. Should make for good reading. I always appreciate your input.
    Dec 5, 2014. 04:10 PM | Likes Like |Link to Comment
  • Retirement Strategy: AT&T - Taking Advantage Of An Opportunity To Increase Income Right Now [View article]
    RS,
    Thanks for the article. I like your BTDP approach, even though I often set my buy prices slightly lower than yours. I recently bought good size chunks of XOM and CVX at $92 and $110 respectively, so I'm good there. Got plenty for now.

    Between GE, MCD and T the smallest position by far was GE. So, today I bought more GE at $26 and brought it up to 4% of our portfolio. I like GE's recent dividend growth and the fact that they are due to announce a div increase in the very near future. I'm hoping for high single digits in that regard, but we shall see.

    I'm taking my time on MCD and hoping for a better price. T is getting close. If I can catch it below $33, I'll likely add some more. I appreciate your BTDP updates.

    Steve
    Dec 5, 2014. 03:49 PM | 5 Likes Like |Link to Comment
  • How Much Less Will Chevron Earn In The Future? [View article]
    I tend to agree with you, Eli. I made good size buys on XOM and CVX during the price dives on Black Friday. Also bought a smaller portion of COP. These companies are being held for income (I'm recently retired). If a "disaster" occurs and the prices drop another 10 or 20%, I'll be quite pleased to buy more. Love me some dividends from these kinds of companies.
    Dec 3, 2014. 10:59 AM | 11 Likes Like |Link to Comment
  • Is It Time To Buy Exxon And Other Big Oil? [View article]
    I don't have the ability to know what the stock prices will be in the future, but you may very well be correct. I guess the way I look at it, if I'm buying XOM and CVX at their current yields, I'll be more than glad to add every time the current yield increases by half a percent.

    But hey... that's just me. Love me some dividends from these kinds of companies.

    Steve
    Nov 30, 2014. 10:38 AM | 4 Likes Like |Link to Comment
  • Recent Sale: Sysco [View article]
    Hi Jason:
    I held Sysco for a couple years and made a little money on it. I was disappointed with the dividend growth though and last year I was contemplating a sell. Last December, the stock had a mid-day spike over $42 on the US Foods merger announcement. I decided to take advantage of the capital gains and sold.

    It is the top player in its field and it isn't going out of business. I just don't know if/when earnings growth will accelerate, allowing for greater dividend growth. If the merger goes through, they may acquire some efficiencies and a bit more pricing power. Hard to say. For now, I'm on the sidelines.

    Steve
    Nov 30, 2014. 07:28 AM | 1 Like Like |Link to Comment
  • Why I'm Considering Selling My Core Position In Coca-Cola [View article]
    Dave:
    My last magical purchase was at $40.50. The four purchases prior to that were in the $37-38 range. So, I have a little mixture. :-)

    I'm with you and will take that all day.

    Steve
    Nov 29, 2014. 02:43 PM | 1 Like Like |Link to Comment
  • The Crash Of Oil Prices Could Be The Opportunity Of The Decade, Part 2 [View article]
    tx:
    I'm a long way from being "giddy", but I did add to the three stocks you mention. I have a lot of cash to deploy though and while I'm not giddy about the current yields, I am content. I'm done with purchasing these stocks for now. If they do drop another 10 or 20 percent, you can bet I'll be adding.
    Nov 29, 2014. 09:26 AM | 7 Likes Like |Link to Comment
  • Why I'm Considering Selling My Core Position In Coca-Cola [View article]
    Nicholas:
    I like the article. I'm a DGI type myself and your article lays out many of my thoughts when I debate with myself on the topic of investing.

    My perspective is different from yours in that I am recently retired. My most recent purchase of KO was at the $40.50 mark you mention (yes, the magical 3% yield). KO is a big part of our holdings, because in my case I'm looking for income that I can depend on.

    I share your view that KO is overpriced at the moment and it may go even higher. Still, I won't sell unless it looks like the dividend growth will fall below the rate of inflation. Anything is possible so I suppose that remains to be seen.

    I would also note that if I sold, I don't know where I would put the funds. I've been buying big oil on the dips, but beyond that I have pretty much run out of ideas. In a world that is starving for yield, it's difficult to find a good price on much of anything and I'm already sitting on a lot of cash.

    I wish you luck with whatever choice you make. If I were still in the accumulation phase of life, I'm not sure what I would do.

    Steve
    Nov 29, 2014. 06:47 AM | 6 Likes Like |Link to Comment
  • Chevron: Thanks To Falling Oil Prices, Chevron Is Now A Compelling Buy [View article]
    Certainly, the younger one is, the higher the expected return. However, I'm one of the "older" ones though and I still bought a good chunk of XOM, CVX and COP today. Hard to say how long I'll live, but I have to plan for the next 20 years at minimum, just in case I'm still alive then.

    It was "incremental" so to speak in that if they drop another 10 percent, I'll certainly be buying more. My overriding focus though is on the dividend. I can only guess that these companies will continue paying and hopefully increasing their dividends over the next couple decades. The current yields are attractive to me, so I had to pull the trigger.
    Nov 28, 2014. 02:52 PM | 1 Like Like |Link to Comment
  • The Crash Of Oil Prices Could Be The Opportunity Of The Decade, Part 2 [View article]
    Indeed, RS. I added a good size chunk moments ago. Lots more XOM and CVX. A little more COP. Looking forward to the dividends.
    Nov 28, 2014. 11:31 AM | 4 Likes Like |Link to Comment
  • Dividend Stocks Are Not In A Bubble, But Many Of Them Are Pricey [View article]
    Re: Fidelity incentives

    I don't know if it's still in effect, but I opened an account about a month ago. I received a few hundred bucks for doing so. The amount you get is based on the size of your account.

    Never mind.... I just checked. Yup, it appears to still be an active incentive. Check this site: http://bit.ly/1xM82ub
    Nov 27, 2014. 12:34 PM | Likes Like |Link to Comment
  • Dividend Growth Investing, Total Return, And Indexing Revisited [View article]
    Miguel:
    They might understand it, but they can't figure out to how make it "exciting". I think that many traders are wired and thrive on that constant banter and activity. DGI folks.... not so much.

    On the other hand, if they did push DGI, it would just make the field more crowded. It's already hard enough to find a decent price on stocks I want.

    >>IMO, what they don't understand is that they would have another whole set of viewers if they would have a decent DGI program.<<
    Nov 26, 2014. 05:51 PM | Likes Like |Link to Comment
  • Dividend Stocks Are Not In A Bubble, But Many Of Them Are Pricey [View article]
    troll:
    Opinions on GE are certainly wide and varied. I'm not rushing into a purchase by any means, but I do want to get a feel for the stock and come to a conclusion as to whether or not I want to own it in the future.

    The dividend is respectable, seems to be well covered and is growing nicely. If I choose to jump in further, it will likely be baby steps. A nice market correction might be helpful in that a larger margin of safety would be provided.

    Steve
    Nov 26, 2014. 05:32 PM | Likes Like |Link to Comment
  • Dividend Stocks Are Not In A Bubble, But Many Of Them Are Pricey [View article]
    Thanks, Chowder.

    Indeed, I have to consider more than just recent quarters. As you stated to mbn, if I place a bet on GE it will likely be a supporting position. Maybe 3% max.

    I had contemplated eventually building GE to a core position. I think though that I let their ancient history as an industrial powerhouse warp my thinking. I'm going to need them to prove themselves worthy of a core spot. I don't think they are there yet. Thanks for your comments.

    Steve
    Nov 26, 2014. 05:16 PM | Likes Like |Link to Comment
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