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SteveTheHawk

SteveTheHawk
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AAPL, ABBV, ABT, AEO, AEP, AMJ, AMZN, ARLP, BAC, BKCC, BKE, BOND, CL, COP, COST, CSCO, CVX, DLR, DTN, DUK, DVY, ED, EXC, FTR, GD, GE, GIS, GPC, GS, HAS, HGIC, INTC, JNJ, K, KEY, KKR, KMB, KO, KONA, LMT, MCD, MKC, MMM, MSFT, O, PEP, PG, PM, SDY, SO, SON, SYY, T, TGT, THI, TWC, UL, VZ, WAG, WEC, WFC, WM, WMT, XOM, XRT, YUM
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  • Load Up On Dividend Stocks After A Fiscal Cliff Sell-Off [View article]
    I can't speak for DGI, but I'll throw in my personal 2 cents for the sake of comparison. I might find that I'm doing it wrong :-).

    My wife and I buy only DG stocks in our Roth accounts. Right now, we are sitting on about 25% cash, I'm just not happy with the current prices/yields of the "mother-ship" stocks like XOM, MCD, KO, PG, WMT etc. I hate sitting on cash, but I can't justify buying right now.

    A drop of 10% in any of these stocks would make me a buyer.
    Jan 10 09:29 AM | 3 Likes Like |Link to Comment
  • Buybacks, Dividends, And Growth: Chevron Does It All [View article]
    Agreed. I want some of this company in our div portfolio. I'm going to start adding at $106 or below. Per the David Fish CCC list, it has a 5 year DGR of 9%. With a current yield a little above 3%, that creates a little margin of safety. I don't remember for sure, but I think the "Chowder factor" requires the combined numbers to be at 12 or greater, and CVX just makes the grade.

    If I can catch it at $106 or below, I'll feel comfortable enough to start a position.
    Jan 9 01:31 PM | 1 Like Like |Link to Comment
  • A $250k Team Alpha Retirement? Yes You Can [View article]
    It tend to come down on your side of this issue TR. My wife and I have paid off the mortgage and all other forms of debt. I tend to use credit cards for most purchases. I get between 1% and 5% returned to me on all purchases, and of course pay the balance full each month. We haven't paid dime one in credit card interest in a couple decades.

    One of our cards is an Amazon Visa. Once in a while, it's great to order some stuff and tell them to pay for it using our "points". :-)
    Jan 9 12:04 PM | 1 Like Like |Link to Comment
  • Keep Your Dividend Champions In A Roth IRA [View article]
    Personally, I have a 401K and a Roth. My hope is that I will be able to tweak withdrawals a little in an attempt to minimize taxes in retirement. I'm not sure if that will do any good or not, but I'm a fan of having some flexibility.

    My wife and I also hold nothing but div stocks in our Roth accounts. I'm a fan of tax free dividends. What's not to love?
    Jan 9 11:19 AM | Likes Like |Link to Comment
  • 'Pure-Bred' Dividend Challenger Dogs For 2013 [View article]
    I've owned HAS for about 9 months. So far, nothing to show for it except the dividend, but at a little over 4% it's not all bad.
    Jan 8 06:37 PM | 1 Like Like |Link to Comment
  • Am I A Dope For Holding Coke? [View article]
    My wife and I hold a decent chunk of PEP in our Roth accounts, amounting to about 10% of the portfolio. Over the last couple years, I have made a couple very small KO buys, but it's still less than 4% of our DG portfolio. I don't view a couple years as being a long time. I feel like we've barely started.

    One of my priorities is to anchor the portfolio with some solid and very steady DG stocks. I think that is where KO shines, so I'm not horribly concerned with it lagging the S&P a bit. My biggest mistake has been in not buying larger chunks of KO when the yield was higher than it is now. You can bet that if I can catch KO above 3% current yield, I'll be taking it up to 10% (max) of the portfolio. I'm not going to watch the price climb out of my buy range again.
    Jan 8 03:11 PM | 5 Likes Like |Link to Comment
  • Coca-Cola Or PepsiCo: Which Is A Better Investment? [View article]
    Yeah, I know what you mean about waiting a little longer. Been there, done that.... more than once.
    Jan 6 09:42 PM | 1 Like Like |Link to Comment
  • Coca-Cola Or PepsiCo: Which Is A Better Investment? [View article]
    Thanks for the suggestion, Brad. The key word from your reply is "comfortable". I don't understand options well enough to be comfortable with them. Maybe some day, but I have a lot of learning to do before I can even think about it.
    Jan 6 02:02 PM | Likes Like |Link to Comment
  • Coca-Cola Or PepsiCo: Which Is A Better Investment? [View article]
    PEP is about 10% of our div portfolio. KO is only about 4%. I very much want to add more KO, but I have been waiting (and waiting) for a better price. I definitely want to a 3% yield or better before I buy more. I'm beginning to doubt that I'll ever see that, and I may just start with a dollar cost average approach.
    Jan 6 01:42 PM | Likes Like |Link to Comment
  • Can You Retire With A $1,000,000 Portfolio? An Urgent Follow Up [View article]
    We have an LTC policy through Prudential that runs about $1500/year and covers both my wife and I. The policy maximum probably wouldn't cover all the costs, but it would take a big bite out of them and at least prevent a financial wipeout.

    I don't know how other policies compare in price and it's worth shopping around. I'm actually contemplating checking other prices, just in case we are not getting our money's worth.
    Jan 4 06:51 PM | 1 Like Like |Link to Comment
  • Can You Retire With A $1,000,000 Portfolio? An Urgent Follow Up [View article]
    Trust me, I'm trying to get my wife more involved. We are approaching 60 and for the last few years I've been trying to build a portfolio of dividend growth stocks in our Roth accounts. I've been trying to explain this to her, but her eyes just kind of glaze over :-)

    I may have to develop a backup plan. If I am suddenly removed from the financial picture, I want her to know what to do. It seems to become more clear each day that she has no interest whatsoever in analyzing stocks. I'm thinking it might be best to search out the best of breed in dividend and bond ETF's and leave her instructions to just sell everything and split up the funds into those ETF's.

    I haven't come to a final decision just yet, but in the end, you couldn't be more correct, RS. The last thing I want is for her to be standing there like a deer in the headlights if something happens to me.
    Jan 4 06:48 PM | 9 Likes Like |Link to Comment
  • Intel Tries To Reinvent Itself [View article]
    I'm not worried because a device like that will never see the inside of our house. I'll dump TV completely before that happens. I'm actually more annoyed. To think that advertisers believe they should have this kind of info is beyond comprehension for me.
    Jan 3 12:13 PM | 1 Like Like |Link to Comment
  • Intel Tries To Reinvent Itself [View article]
    Seriously? Allowing others (especially advertisers) to know who is in the house and who is not? I guarantee that ain't going to happen in my house. For one, I don't watch commercials of any kind. At the very least, they are muted. I'm sure not going to tell them if I'm in the room.

    I have to wonder how many people would allow themselves to be monitored in this way. I suspect that many will object, but I have been wrong before I guess.
    Jan 3 11:02 AM | 2 Likes Like |Link to Comment
  • The Safety Net Of Dividend Investing [View article]
    Chowder:
    Your post makes a lot of sense and I thank you for your input. I have recently reminded myself that I have to put the CCC list to better use, and you give an example of why that is so.

    I honestly don't know if selling EXC would be the right decision. In that I am becoming more focused on owning quality DG companies, I'm also leaning more toward just taking the loss and going elsewhere. I plan to make a decision soon. Thanks again for your input.
    Jan 3 07:33 AM | 2 Likes Like |Link to Comment
  • The Safety Net Of Dividend Investing [View article]
    Yes, yes. That's the quandary I'm in with EXC. It represents a decent hunk of our div portfolio (about 6% now but used to be more). Unfortunately, I failed to pay adequate attention to our portfolio performance and EXC went down in price big time, about 25% in my case.

    It still pays a nice dividend for the moment which amounts to about 10% of our current dividend income. So, I'm torn as to keeping the income and hoping it doesn't get cut or cutting my losers and moving elsewhere. Right now it's just a capital loss but could easily become an income loss. With each day that passes, I lean more toward the idea that I should view EXC's dividend with a skeptical eye and that maybe I don't want to own it.

    I'm a relative novice when it comes to DG stocks. I need to develop a better set of rules as to when to dump a stock because I think I let this one go way too far to the dark side.

    If anyone wants to throw their thoughts and philosophies my way, I would be glad to hear them.

    Steve
    Jan 2 09:47 PM | 2 Likes Like |Link to Comment
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