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  • Debunking The 'Dividends Don't Add Shareholder Value' Myth [View article]
    Interesting indeed. I'm staying out of it. I use DGI, period. Don't need to debate it with anyone who doesn't. :-)
    Mar 13 04:48 PM | 26 Likes Like |Link to Comment
  • Start Investing Now For Retirement Wealth [View article]
    Nice article and very adept at pointing out the need to start early. Of course, for someone like me who is pushing 60 it just creates a lot of regrets. When I was in my twenties and thirties, I wasn't the least bit concerned about retirement.

    I wasn't raised in an investment savvy environment. We didn't live in poverty by any means, but savings accounts were about as far as we went. Investing was just some foreign concept that was only for rich people. I didn't really begin to understand the need to invest until my forties, when I started accumulate bits of knowledge here and there. When you wait that long, it makes for a tougher road.

    These days, I try not to miss a chance to chat with youngsters about my mistakes. Most aren't very interested, but every once in a while, you see a gleam in their eye when they "get it". Getting young people on the road to investing is a worthwhile cause in my opinion.
    Mar 3 09:10 AM | 20 Likes Like |Link to Comment
  • What Do I Do With My Stocks If The Market Crashes? Part 1 [View article]
    FWIW, I found the content level to be most appropriate. Like giorgio said, some people don't want to spend time reading if they can't do it in 30 seconds or less. I'll gladly spend more time reading if the content is worth digesting.... and your articles definitely are.
    Mar 21 03:01 PM | 19 Likes Like |Link to Comment
  • John Bogle's Advice For Retirement Investors [View article]
    Diversification, yes. Stock index funds, no. I'll stick with picking a select group of dividend growers rather than settle for the paltry yield of an index fund.
    Sep 14 06:58 AM | 15 Likes Like |Link to Comment
  • The WSJ Says Invest Your Emergency Cash, What?!? [View article]
    Agree. If it's invested, it can no longer be called an emergency fund. By definition, an emergency fund is supposed to be a reliable, safe and secure source of cash. Either that or I have misread a lot of financial publications.
    Dec 5 07:58 AM | 14 Likes Like |Link to Comment
  • Dividend Investing: Resisting The Urge To Get Rich Quick [View article]
    Whoa, Tim. Yes, you do deserve the accolades. I supervised literally hundreds of college age people (about two dozen at a time) over the years. We had chats about various issues during that time. The discussions in their group were wide and varied, but when the subject of savings and investment came up it was mostly blank stares.

    I remember only one guy that was very interested in it. There was another who commented that his father "made" him contribute to his 401K, as if it was a punishment. Many times, I told them that I wished I had started investing at their age but it didn't seem to have much impact. Mostly, they weren't interested.

    In my experience, your efforts to understand investing and make a plan for your future are not a common thing. Add to that the fact that you actually write articles on the topic and you are WAY ahead of the game compared to most. So, just sit there and take your accolades young man!
    Mar 26 07:05 AM | 14 Likes Like |Link to Comment
  • Four Dividend Stock Picks for 2011 [View article]
    JNJ is indeed displaying a disappointing lack of focus on quality control. I'm not selling, but I'm not buying either. JNJ already represents a decent portion of our portfolio. Now if the stock drops back down into the 50's, I might start thinking about adding some more. My belief is that they will correct these problems and I suspect the CEO is in the hot seat by now. Time will tell I suppose but I'm not ready to give up them yet.
    Dec 30 10:35 AM | 14 Likes Like |Link to Comment
  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    Taking a broad perspective I think that most everyone has an ego, with some being far more inflated than others. I honestly have no clue what would motivate someone to criticize a reasonable investment methodology. Could be a lot of different things, including those that you mentioned, but I won't speculate.

    I do find it odd at times though. Addressing BILLINSD's post specifically, his "friends" anger and frustration was troubling to me. It's one thing to try and help by providing opinions or guidance to those who want it. It's a whole different thing when you get angry and call them stupid because they don't follow in your footsteps.

    There are a lot of investing techniques that I have no use for. However, I'm not the least bit tempted to visit the topic pages for those techniques and write critical articles. Over the years, I've looked around at various investment methods and for me, DGI is the chosen path. I know it can work, I've seen real-life portfolios, and it fits my goals and personality.

    When an article criticizes DGI, I don't generally find it very useful, but as you said, some of the discussions can be thought provoking. As to making it personal by calling out Chuck by name in an opposing article, I'm not sure that kind of thing is necessary. If one disagrees with something Chuck says in an article it would seem more appropriate to use the comments section and engage the author so to speak.

    Yes, Chuck has an ego just like the rest of us. As you cite though, he has been a gentleman and responded in a very reasonable manner. What I like about Chuck's "ego" is that he is comfortable enough with his investing decisions that he has no apparent need to respond to criticism/disagreement with anger. He also doesn't respond by criticizing his critics. I respect that.
    Mar 19 03:44 PM | 13 Likes Like |Link to Comment
  • What Do I Do With My Stocks If The Market Crashes? Part 1 [View article]
    Agreed. Excellent article. Makes me yearn for a drop in these blue chip names so that I can look at the Fast Graph and say "yeah, baby... buy it".
    Mar 20 09:34 PM | 12 Likes Like |Link to Comment
  • Gold Vs. Coca-Cola [View article]
    Well, Tim. Yup..... what you said.
    Apr 28 06:32 AM | 12 Likes Like |Link to Comment
  • Perfect Retirement Investing Is The Enemy Of Good Retirement Investing [View article]

    I think that for many young people, it can be difficult to conceptualize the need to save for something that is forty or fifty years down the road. When I was 20 years old, there was no way I was going to worry about retirement when it got in the way of doing other things, like buying cars and going to the bar with friends.

    I believe your mindset is nowhere near being a common thing within your age bracket. I've spent a number of years supervising college age people (literally hundreds of them over time). When I sat down with them on their start date and completed their HR paperwork, very few had an interest in 401K participation. I would guess that less than 10% of them enrolled.

    Part of it I think is that when you don't make a lot of money, it is hard to view saving even $50 or $100 a month as being important. I guess I can understand that when someone tells them they need at least $1M saved for retirement. Putting away $100/month can seem like an exercise in futility. It's not, but it can seem that way, especially when the money can just as easily be spent on other "fun" things.

    As a society, we definitely need to do a better job of promoting financial literacy amongst the youngsters (and perhaps the oldsters too). They need to be put on the path to that good retirement.
    Apr 28 04:38 PM | 12 Likes Like |Link to Comment
  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    It's interesting to observe how egos play into investing. I can't imagine getting angry at someone that doesn't follow my investing methods or tactics. Nor would I ever think they are "stupid" because of it.

    I'm thinking that the anger must come from some overwhelming belief that their investing skills are the best around, and/or that they need someone else to invest their way to enforce their beliefs in themselves.
    Mar 19 12:26 PM | 11 Likes Like |Link to Comment
  • AT&T: When High Yield Can Trump Dividend Growth [View article]
    I think that many DG people will, to one degree or another, have a mixture of high growth / high yield in their portfolios. I have no problem holding T. It's about 7% of our div holdings with a 6.5% YOC. I consider it a core holding that helps a bit with stability. The dividend increases are indeed small, but I view them as a little extra gravy on my meat and potatoes.

    Feb 19 02:43 PM | 11 Likes Like |Link to Comment
  • Can Vast LTE Coverage And New Pricing Keep AT&T Ahead Of Competitors? [View article]
    So, I guess you hate AT&T and retirees. You are also suspicious of many of those who post here. Thanks for taking the time to make us all aware of these things.
    Jan 4 01:51 PM | 11 Likes Like |Link to Comment
  • How To Lower Risk And Build A Margin Of Safety [View article]
    I suppose it depends on the reason for the price drop. Truly poor financials are one thing. On the other hand, PEP dropped well over 30% from peak during the 2008/09 panic. It had little to do with financial results. Maybe I misunderstand your point, but I sure wish I had purchased PEP after that drop.

    And I feel compelled to say that I think you are being a bit harsh. Disagreeing with an author is one thing. Telling him to go away and write book reports seems rather insulting.
    Dec 11 01:39 PM | 11 Likes Like |Link to Comment