SteveTheHawk

SteveTheHawk
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  • 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
  • Looking At Union Pacific Through My Excel Spread Sheet  [View article]
    Sleuth,
    I like this article a lot. I do something that is vaguely similar, but I use Google Sheets instead so that much of the data is updated automatically, etc. My data points are not the same as yours and are lacking in some of the quality/analytic metrics you use.

    In recent months I have been tweaking the structure with a goal of being able to check the status of each stock at a glance. I'm adding conditional formatting for color changes and so on. It's becoming clear that I will need to use more than one than one sheet or the number of columns will become overwhelming.

    Your article has provided some good food for thought and I have no doubt that I will be using some of the ideas you have presented. Thanks for writing.

    Steve
    Dec 27, 2015. 09:09 AM | 1 Like Like |Link to Comment
  • Forget About Kinder Morgan And Lock In A 4.5% Yield Here  [View article]
    Will do HVAC. I haven't been doing much work in the area of bonds the last few days. My Mom has been ill and is now in the hospital. Takes away from some of my free time, obviously.

    If I come across any intriguing info, I will certainly pass it along.

    Steve
    Dec 21, 2015. 09:39 PM | 1 Like Like |Link to Comment
  • You Think You Know 3M's Portfolio? No, You Don't  [View article]
    That's the problem with MMM. Everybody wants to own it and it's almost always priced at a premium. A 3% yield is a reasonable goal and I will likely initiate a position at that level. According to FAST Graphs, it only hit 3.5% once in the last 20 years... during the heart of the 08 recession. I guess that means hoping for more than 3% yield is asking a lot.

    At the current dividend level, I guess that means about $136. I waited a long time for $134. Hasn't happened. If one takes a wild guess at a 6% increase in February, a 3% yield gives you a price of almost $145. I'm going to start watching closely if it hits $145 and will stop holding my breath for $134.

    Steve
    Dec 21, 2015. 09:13 PM | 6 Likes Like |Link to Comment
  • Forget About Kinder Morgan And Lock In A 4.5% Yield Here  [View article]
    Seatle,
    Just for kicks, I tried to look up the bonds for PAA. I did find a listing of 18 different bonds (that alone is a big step for me). Looking down the YTM column, I don't see any that are much above the 7% range. What am I missing? Is there a specific CUSIP that I should be using? Sorry for the stupid questions. Thanks.

    Steve
    Dec 20, 2015. 08:22 PM | 1 Like Like |Link to Comment
  • Forget About Kinder Morgan And Lock In A 4.5% Yield Here  [View article]
    RAS,
    Your articles do indeed make a difference, so please don't stop. I may someday take a stab at an Instablog post if I feel like I have something worth sharing. It would be a big step for me to write an article on SA. I've learned a lot, but I still lack significant skills and/or experiences.

    Since I became involved with DGI, for example, I have yet to even experience a bear market. We know that sometimes the commentators on SA can be a tough crowd. I'm not sure I want to open myself up to that. :-)

    Steve
    Dec 20, 2015. 01:41 PM | 3 Likes Like |Link to Comment
  • Forget About Kinder Morgan And Lock In A 4.5% Yield Here  [View article]
    Seatle,
    Thanks for the input. Very interesting. All of our investments are inside either Roth or TIRA accounts, so I don't get too worked up about taxes.

    I don't understand much of anything when it comes to bonds, but your strategy in intriguing. The problem is, I'm not even sure how to look up the bonds you refer to. Kind of sad, isn't it? :-)

    I'm still trying to figure out the bond screen app on Fidelity. One step at a time I guess.

    Steve
    Dec 20, 2015. 01:28 PM | 1 Like Like |Link to Comment
  • My 2016 Plan: Quality Is Job 1 When Building A Fortress Portfolio  [View article]
    Excellent article, Sleuth. As usual, you have given me something to think about. As of late, I have been contemplating whether our portfolio is constructed as it should be. I do need to pay more attention to credit quality. It's not that I have a lot of high risk holdings, but I do own a few that have me questioning myself.

    I don't expect that any bull market can last forever. In that I began my venture into DGI in 2011, I think that I risk becoming complacent due to the absence of a serious bear market biting me in the arse. The bear will come out of its cave eventually and I don't want to be sitting on any low grade stocks when it happens.

    There are a few stocks that need to be pruned, no doubt. It's difficult for me to sell and watch our income take a hit, especially since I am not comfortable with valuations in general and find it tricky to invest the funds elsewhere. I suppose I may have to just sit on some cash for a while.

    When I do my year-end review, I will be incorporating thoughts from this article. Thanks again.

    Steve
    Dec 20, 2015. 09:45 AM | 6 Likes Like |Link to Comment
  • Forget About Kinder Morgan And Lock In A 4.5% Yield Here  [View article]
    Paul,
    Thanks for your comments. Just today, I began digging around on my broker's site (Fidelity). Hopefully this will at least get me on my way.

    Steve
    Dec 19, 2015. 09:48 PM | 2 Likes Like |Link to Comment
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