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SteveTheHawk

SteveTheHawk
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Latest comments  |  Highest rated
  • With Corporate America Sitting on $1.24T in Cash, It's Time to Consider Dividend ETFs [View article]
    I've read recently that these reported stockpiles of cash are not as useful as the hype suggests. This is due to massive amounts of corporate debt, which is allegedly at the high end of recent history.

    I guess it's nice to have a lot of cash but it doesn't mean much when liabilities are equally high. Has anyone else seen this issue being raised? Cause for concern?
    Aug 4 10:47 AM | 1 Like Like |Link to Comment
  • All About MLP ETFs and ETNS [View article]
    I still don't have a firm grasp on the tax implications of MLP income within a Roth IRA. I get the impression that if one receives in excess of $1K per year from MLP's (within a Roth), the tax headaches begin. Is this correct?

    I own just one MLP in my Roth and I keep the income below $1K because I don't want to create any complications, but I do enjoy the income it provides. I don't want to open a separate brokerage account if I don't have to.

    What I wonder is whether or not the same rules apply if a Roth is used to invest in an ETF that owns MLP stocks. Anyone have a clue?
    Aug 2 10:58 AM | 1 Like Like |Link to Comment
  • Costco: Competing With Wal-Mart Through Good Business [View article]
    I always found it odd that for years we have had one Walmart about 5 minutes away and another about 20 minutes away. We also have two Sam's Club stores in town. All of them seem to thrive.

    Yet, the closest Costco is in another city, well over an hour away. Makes me wonder if Costco is able to adequately compete with these outfits. I would love to shop there but that ain't going to happen unless they build one a LOT closer.
    Jul 28 01:52 PM | 1 Like Like |Link to Comment
  • Johnson & Johnson: The Best Dividend Growth Stock [View article]
    Apparently great minds think alike :). I'm kind of heavy JNJ. It's about 8% of my portfolio. Still, I've come to the conclusion that if it drops to $56, I'm going to get even heavier.
    Jun 26 03:55 PM | 1 Like Like |Link to Comment
  • Seven State Pension Plans Out of Money by 2020 [View article]
    You know Buzzer, I normally ignore people like you in that you are beyond ignorant. However, in your "special" case, I'll make an exception. You don't have a clue what you are talking about.

    My wife works 70 hours a week during the school year and works about 40 weeks a year. Let's do more math. 70x40 is 2800 hours. That's a lot more hours than I work in my regular full time job. How about you?

    She has a masters degree plus two additional years of specialty training. How about you? I didn't think so.

    And NO.... she doesn't have "6 figure earnings" (again, you have no clue).

    I have to assume your job has no pension plan(?). Or perhaps just a 401K? Whatever the case, don't expect me to apologize for anything my wife or I have. You are apparently one of the many that enjoy hating anyone that works for the government. If that's your thing then go ahead and have a good time with that. If you expect any kind of intelligent dialog though, it would be useful if you could use intelligent dialog.
    Jun 13 08:52 PM | 1 Like Like |Link to Comment
  • How to Buy Dividend Stocks at Bottom [View article]
    Agreed David:
    I use Ameritrade and they offer free div re-investing. I tried for a very short period. For one, I got tired of dealing with partial shares. I also think it's better to allocate funds based on the most attractive stock(s) in your portfolio. And like you, I shoot for about a $1K purchase when I buy. Just seems to make sense.
    Apr 28 09:26 AM | 1 Like Like |Link to Comment
  • PepsiCo, Inc.: Dividend Stock Analysis [View article]
    I understand and agree with the author's logic. I've been holding out for 3% because I missed PEP's most recent trip to the $60 area. The dividend increase puts it a bit closer.

    I'm going to start nibbling, but I still believe it has room to go lower. It's a defensive play and if the economy really does improve, less defensive stocks will get investor's attention. For now, I'm sticking with companies like PEP.
    Apr 6 04:19 PM | 1 Like Like |Link to Comment
  • Trust Me…I Write a Blog [View article]
    It makes sense that anything outside of television would be preferred. I can research and read the items of interest to ME. I don't necessarily care about what the CNBC "gurus" want to talk about at the moment.

    On top of that, the last time I watched CNBC, there was a panel of their "experts" sitting at this really large desk. They spent a great deal of time trying to talk over each other and I couldn't understand any of them. No thanks to CNBC in the future.
    Mar 24 12:25 PM | 1 Like Like |Link to Comment
  • Reinstate Glass-Steagall – Now [View article]
    I agree wholeheartedly with your argument that Glass-Steagall, or some variant of it, should be restored.

    However, I also view it as being quite unlikely. Too many lobbyists with way too much money. They won't let that happen.
    Dec 30 12:34 PM | 1 Like Like |Link to Comment
  • 'AAA' Rated Companies: And Then There Were Six [View article]
    Hmmmm, we may have to make that 4 or 5. I think BRK is losing its AAA rating, at least from Fitch.
    Mar 13 09:16 AM | 1 Like Like |Link to Comment
  • S&P 500 Buy and Sell Ratings [View article]
    Analyst - Schmanalyst. Too many buy/hold ratings and never enough sell ratings.
    Mar 1 08:32 AM | 1 Like Like |Link to Comment
  • When to Sell Dividend Stocks [View article]
    I've never owned C or GM stock (thankfully), but I have had BAC in my portfolio at times. The last time I sold at about $38 because I suspected a dividend cut. I suspect yet another is coming down the pipe. Credibility issues or not, BAC may not have a choice.

    I'm not yet anxious to own this stock again. I think there are a lot of trolls hiding under the bridge still. I may consider taking a very small position, but likely not. I don't think they are out of the woods yet.
    Jan 5 08:37 AM | 1 Like Like |Link to Comment
  • Here Comes a Consumer Killer [View article]
    Absolutely true. Overall, the consumer is, or soon will be, tapped out. Those living on the financial edge will continue with large card balances, and some will become insolvent. Those who are more fortunate will work to pay their balance each month. Personally, our household has not paid dime one in credit card interest in the last 15 years and we will do our best to keep it that way. The card issuers are going to be left trying to gouge the less fortunate for every dime they can get. None of this speaks well for the economy.

    My guess for a decent turn in the economy is a good year or two. Consumers need time to get a grip on their finances and that won't happen overnight.
    Nov 30 09:08 AM | 1 Like Like |Link to Comment
  • When the Economy Hands You Lemons, Consider Dividend ETFs [View article]
    The dividend ETF's seem to have a common thread of being heavily invested in financials. In regards to DWX it's about a quarter of their holdings. Their next largest holding is consumer discretionary. Neither category appeals much to me right now. A decent dividend doesn't mean much when the underlying stock is unacceptably risky.
    Apr 6 10:09 AM | 1 Like Like |Link to Comment
  • Is Target Corporation A Good Dividend Pick? [View article]
    TGT is less than 2% of our div holdings, and is being held at a very slight loss. I'm not selling or buying at this point. I think the next quarter or two will help in clarifying how they are going to hold up. Time for a little patience I guess.
    Apr 17 09:11 AM | Likes Like |Link to Comment
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