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1caflash

1caflash
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  • My Fear As A Dividend Investor [View article]
    If I think I see a good stock, then I "rent" it, with an "option" to buy more shares. Here is my take on taxes: I would rather Pay More Taxes and have my investments perform better, than Pay Less Taxes and have them do worse, although I agree that the current uncertainty of what taxes will be in 2013 and beyond is unsettling.
    Jun 24 06:19 PM | 2 Likes Like |Link to Comment
  • Dividend Contenders: 14 Increases Expected By The End Of August [View article]
    Note: MLP's are nightmares for some accountants and do-it-yourself tax preparers.
    Jun 24 05:58 PM | Likes Like |Link to Comment
  • Dividend Contenders: 14 Increases Expected By The End Of August [View article]
    This is for folks interested in NS about a good entry point. Honestly, I do not know. I sold Boardwalk Pipeline Partners, which is a fine company, only because I had a small percentage profit and I did not think I needed two MLP's. 28, you seem like you might be relatively new to investing or at least Seeking Alpha. Also, you may be much younger than me. While I am not a professional financial adviser, may I suggest you try a much smaller company. I like Simulations Plus (SLP). I have 400 shares and my average price is $3.77 p/s. The company announced the first dividend in its history February 2012. My initial payment from SLP was 10 dollars; my second one was 20 dollars. The company released a preliminary earnings report recently and it looks favorable. Even at $5 a share not counting taxes and brokerage fees, the annual yield would be Four Percent. Before jumping into NS, a more expensive stock, maybe Simulations Plus will suit you better. Anyone else who likes SLP, use Limit Orders, because an at-the-market Buy might cost You 5 to 15 cents per share more than you expected to pay.
    Jun 24 05:51 PM | Likes Like |Link to Comment
  • 6 Higher Capitalized High-Yield Stocks Go Ex-Dividend Next Week [View article]
    My brokerage will not allow me to do after-hours trading. The information I obtained was the SEC filing, which was available on the internet before I posted comments. It is impossible for me to control how others trade the stock. I have 1,600 MAIN shares which I documented on Seeking Alpha. The main reason I felt bad was because the SEC filing did not specify how many shares were being offered; that is why I wrote "Disregard my figures", etcetera. I invite anyone who does not believe me to investigate. There was no wrongdoing by me. I did not even buy shares June 21, 2012. Go ahead, accuse me, but be warned: I'll slap a lawsuit so fast against the accusers that it will make their heads spin.
    Jun 21 05:21 PM | Likes Like |Link to Comment
  • 6 Higher Capitalized High-Yield Stocks Go Ex-Dividend Next Week [View article]
    Disregard my figures, if you haven't already. We'll have to wait for the facts from Main Street Capital about the announced shares' offering. I jumped the gun and I feel terrible about it. It is still a good way for a small company to grow, especially when MAIN has a great chance to do what it feels is practical during tough economic times. So while I'm eating crow, one thing is certain: there is never a dull moment in the business world. I'm sure Bed Bath and Beyond, Walgreens, and Chimera investors, among others, will agree.
    Jun 20 11:50 PM | Likes Like |Link to Comment
  • 6 Higher Capitalized High-Yield Stocks Go Ex-Dividend Next Week [View article]
    Main Street Capital is offering more of its shares. There is an after-market drop in its share price. The Company is authorized to issue no more than 25% of its common stock each time it does an offering. Nobody asked me, but because I want to be a Long-Term Investor and recently bought 1,600 MAIN shares, I will not sell mine; instead, I want to see where the stock's floor might be and Buy more shares. Why? This is a nifty way for a small company to gradually grow. I prefer this method in MAIN's case more than splitting shares. If you agree, then be patient. There is no current announcement of a dividend decrease, and we know MAIN May 1, 2012, increased its monthly payout. Even with additional shares, MAIN will have a lot less than 62 million, which is a conservative figure if the company would have offered the whole $500 million authorization all at once. Brace yourselves for some Main Street Capital Buying opportunities. Thanks to you readers and fellow posters, and to Seeking Alpha.
    Jun 20 05:29 PM | Likes Like |Link to Comment
  • Dividend Contenders: 14 Increases Expected By The End Of August [View article]
    Mr. Fish: Thank You for a positive outlook. My portfolio contains NS units. Recently, this stock's price has fallen, making the yield more attractive. While I do not expect NuStar Energy LP to increase its distribution per unit as fast as you imply, I will not sell the stock; in fact, my limit order is 50 units at $49 each. I have been waiting patiently for its asphalt business to improve. I have faith in the management team, and I will not complain about the company's current $1.095 quarterly distribution.
    Jun 18 04:05 PM | Likes Like |Link to Comment
  • Dividend Model Changes With Today's Federal Reserve Actions [View article]
    The short time I've followed Seeking Alpha, I have been humbled. I agree that no investment is predictable, and I respect what works for you. I sold BWP 6-12-12, because I have CVX and NS, and I had a 7% gain since October, 2011. Maybe BWP will go to $30.00 a share; who knows? Perhaps NS will go much lower, but I have more experience in it. Younger folks have much more time (I'm a bit jealous), but envy does not cut it. It seemed like BWP might be a weaker stock for me, so it went. The MAIN demonstration is a Positive scenario. It is unrealistic, but I am not paid for any of this, and even professional analysts guess. I hope everyone who reads this is alive and in decent health, physically and financially, ten years from now, and that Seeking Alpha is doing well. It will be very interesting in 2022 to compare notes. Oh, one of the best moves I made this year was a more than 1K LOSS by selling ERF at $22.77 p/s, and on 6-12-12, ERF announced that they are cutting their monthly distribution in Half, to CDN 9 cents per share, effective July 2012. You win and lose. How do you really know what a great investment is, when there are so many unknown factors? Keep learning, and I'll learn from you.
    Jun 12 07:45 PM | Likes Like |Link to Comment
  • My Mad Method: The Next Evolutionary Step, Part 2 [View article]
    J. D., Thank You for your reply. This will be fun to learn together.
    Jun 12 03:55 PM | Likes Like |Link to Comment
  • My Mad Method: The Next Evolutionary Step, Part 2 [View article]
    Mr. Welch, please correct me. You are an American investor in your late 40's. You write extremely well. You could probably teach me much about options' trading, but I will not do them. I might be able to make a good suggestion, but you might have to lose before you win. When you start something new, then do it gradually. Investing is not easy, so you want the odds of success in your favor. I read your profile. I do not know your financial situation and it is none of my business, but can you handle 30 stocks? You do not need to be a mutual fund, ETF, or hedge-fund manager. That cash you worked for is important; I've learned that as you get older, everyone wants more of your money, and just when you think you've got it made, an unexpected expense occurs which can throw you for a loop. Perhaps you should increase your cash position, and FOCUS on the stocks or options about which you and your Wife feel the most comfortable. I do not like foreign stocks during volatile markets because you have to pay taxes to those countries if or when you receive the dividends. Automatically, this puts you at a disadvantage if you want to do dividend reinvesting. I am rooting for her and you, and I also admire your courage to invest, especially during such tough economic times.
    Jun 11 07:34 PM | 1 Like Like |Link to Comment
  • Dividend Model Changes With Today's Federal Reserve Actions [View article]
    Don't sweat MAIN's SEC filings. Check this: my portfolio contains 1600 Main Street Capital shares at an average p/p/s of $23.46. The company will pay me $1.74 p/s annually, if all goes well. Fast-forward to 2022. The following figures do not include U.S. taxes, brokerage fees, or market volatility. This demonstration has the dividend reinvestment p/p/s at a constant $24.00; MAIN will be paying monthly, and the dividend will remain at fourteen-and-one-half cents per share each time you receive it. Remember, the way Main Street Capital compounds, it is a shareholder advantage compared to quarterly payments, and my stats will not include this benefit. 1600 X $1.74 = $2,784 X 10 = $27,840 divided by $24 = 1160 + 1600 = 2,760. So, using these hypothetical figures, at the end of a ten-year period, I will have at least 2,760 MAIN shares. Let's say MAIN's price-per-share is still $24.00; 24 X 2,760 = $66,240. My original investment is about $37,527.99. $66,240 minus $37,527.99 equals (my calculator just went haywire - it's old-fashioned time) $28,712.01 divided by $37,527.99 equals a 75%+ gain. The usual suspects that are in the disclaimer portions of every SEC filing could derail these figures, but when I weigh the potential advantages of owning Main Street Capital stock compared to negatives, Long-Term Investing trumps Short-Term thinking. I hope no larger firm buys MAIN within this ten-year timeframe, but if it happens, then so be it. We know that by 2022, it is highly unlikely that the numbers I'm using will be correct, but they give you a glimpse of how I feel about one investment among many.
    Jun 10 06:52 PM | Likes Like |Link to Comment
  • My Fear As A Dividend Investor [View article]
    I'm trying to be as long-term as possible. During 2011, I traded so many times that my brokerage was about to take me off a plan I like. It was a terrible habit. I'm doing better. June 4, 2012, I added 100 Main Street Capital shares by using a limit order, bringing my total to 1,600. I'm at a good stopping point because this investment will qualify me for monthly dividends, commencing mid-July, 2012. MAIN raised its dividend early May, 2012. I like small companies, especially when they seem shareholder-friendly. MAIN will be part of my DRIP as I receive my first dividend. Tim, thanks for another thought-provoking article.
    Jun 8 10:48 PM | Likes Like |Link to Comment
  • Dividend Model Changes With Today's Federal Reserve Actions [View article]
    I apologize if I seemed rude. Todd has fine ideas, and Guardian3981 is trying to be a good investor, as are all of us.
    Jun 8 10:11 PM | Likes Like |Link to Comment
  • Dividend Model Changes With Today's Federal Reserve Actions [View article]
    You know how to profit from their actions? Write a book, and if enough people agree with you, then you'll have a best seller and you'll be financially fine for life. President Obama has set the stage to be successful, no matter whether he is reelected or not. I hope you don't lose big, in case you guess wrong. This has been lively for me. My fortune cookie from a restaurant says, "YOU TAKE CRITICISM AS AN OPPORTUNITY TO GROW". (In smaller caps is printed, "PEKING NOODLE CO."). Thanks for letting me have some "Freedom of Speech" on Seeking Alpha.
    Jun 7 10:54 PM | Likes Like |Link to Comment
  • Dividend Model Changes With Today's Federal Reserve Actions [View article]
    Why not fight the Fed? Banks used to lend money to aspiring individuals trying to create businesses; now, they are afraid to lend. The Fed is trying to "piecemeal" policy, but they are using cheap glue. Young man, there is more to life than always being concerned about making money. If a government official knocked on your door and told you, "Todd, we don't like what you published in your newsletter, so you have to quit distributing it", then wouldn't that make you mad? Sure, that is speculative, but we are being "regulated" to death, and the Fed is part of it. Perhaps you haven't lived long enough to know that for the capitalist system to grow, businesses need reasons to expand, but this climate of regulation creation has a strangulation effect.
    Jun 7 07:33 PM | 1 Like Like |Link to Comment
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