rnsmth

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  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2  [View article]
    <<The laziest and least informative are the comments that sound like middle school girls going ooh-aah over Brittanny Spears. But it seems that some authors want only those type of comments.>>

    Which authors? I have never seen that phenomena here, which is why I write to ask that you name the authors who seem to want only mindless ooh-aahs.
    Aug 26, 2015. 10:41 AM | 1 Like Like |Link to Comment
  • Apple Falls... And Lands In My Dividend Growth Portfolio  [View article]
    Apple will report the iPhone numbers whether they are good or not.
    Aug 26, 2015. 08:54 AM | 1 Like Like |Link to Comment
  • Apple Falls... And Lands In My Dividend Growth Portfolio  [View article]
    Because Apple releases details of the capital allocation program at the April earnings call. That is what they have announced they will do and that is what they have done.

    I have owned Apple for a long time and followed it for a long time. The next dividend increase announcement should be in April. Is it possible they might announced one sooner? Yes, but it is unlikely.
    Aug 25, 2015. 10:48 PM | 3 Likes Like |Link to Comment
  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2  [View article]
    <<rn-
    Yes, indeed, my generalization may be an overstatement, but the basic thesis underlying DGI is that "the beat goes on", while my basic concern is that the music might stop. I'm in the camp that says that we are now in an era similar to that of the communists in Russia. We have a centrally planned economy in the sense that the Fed has distorted the monetary system. >>

    The music may stop. Yes, I guess it could and then it could seem like a game of musical chairs. That is why most of us are buy and monitor investors. What I monitor the most closely is the safety of the dividend and the sustainability of dividend increases going forward. It is what led me to sell CVX at $98.12, to sell DRI when they stunk it up big one quarter a year or two ago, what led me to sell INTC when they did not increase their dividend for a fifth quarter, what led me to sell MCD when their comps keep declining, and what led me to sell SDRL at a decent profit.

    Not all of those have been good moves, from a total return or from a dividend safety and sustainability viewpoint, but that is OK. I am not going to get every call right. I do not need to in order to do all right.

    On to fixed income. It would take well over 1.3 million dollars at 4% to replace our fixed income - pensions and SS. All of those have COLA increases for years when the CPI goes up - but not unlimited ones in the case of the pensions. Our equity portfolio is considerably less than that, it generates about 4% current yield and all of that money is being reinvested now. All 34 of the companies increase their dividends at least annually - if they do not they get sold and replaced. So the music could stop, but I don't think it will for a diversified portfolio with yield points that range from 1.8% to 7.5%. It is probably overweight utilities, REITS and consumer staples and underweight tech, energy and financials.

    As far as being the current communist Russia - well that gets deeper into political economy than I go. I enjoy reading your comments and articles and will continue to. In my view, you are one of the good guys and you do a good job of expressing your views without denigrating the views of others. That is some of the best of SA, in my view.
    Aug 25, 2015. 04:15 PM | Likes Like |Link to Comment
  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2  [View article]
    <<There's no compounding. Google never paid a dividend and they have compounded more in 5 years than you will in a lifetime. >>

    No, but then I spent 2009-mid-2012 heavily invested in Apple calls and LEAPS rather than dividend growth stocks.
    Aug 25, 2015. 03:55 PM | 1 Like Like |Link to Comment
  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2  [View article]
    <<Compounding what? Oh, please. Not again. >>

    Yep again, and every quarter if reinvesting dividends or every dividend increase if taking the dividends as income ;)
    Aug 25, 2015. 11:50 AM | 6 Likes Like |Link to Comment
  • Apple Falls... And Lands In My Dividend Growth Portfolio  [View article]
    <<Very much hope and expect that they will be buying back shares hand over fist. If they really put their mind to it, they could drop the share count by 10% this quarter. Make some real noise!!! >>

    That is a very unrealistic expectation, unless they were to repatriate a lot of cash and pay high taxes on it - or or issue a lot of bonds. It would cost between 65 and 75 billion to buy back 570 million shares, about 10% of the shares outstanding. I expect buybacks averaging about 7 billion a quarter for the rest of the current share buyback authorization period - which would use up the rest of buyback authority in the current capital allocation program.

    Apple has bought back about 12% of its shares since the current buyback program started.
    Aug 25, 2015. 11:00 AM | Likes Like |Link to Comment
  • 10 Dividend Growth Stocks For Your Retirement Portfolio's Aggregate Yield 4.3%: Part 2  [View article]
    <<That would make DGI all about capital appreciation if it wants to compete with bonds for new money (and hence PE multiples). >>

    I think that overstates it. It is also about annual dividend increases and dividend reinvestment - compounding.

    And the beat goes on, yes the beat goes on.
    Aug 25, 2015. 09:21 AM | 2 Likes Like |Link to Comment
  • Apple Falls... And Lands In My Dividend Growth Portfolio  [View article]
    <<At the next earnings conference, I would like to hear that Apple bought back shares, and raised the dividend before I get happy.>>

    You will hear that Apple bought back shares. A dividend increase will be announced at the April earnings call. It is unrealistic to expect on at the next earnings annoucment.
    Aug 25, 2015. 09:14 AM | 2 Likes Like |Link to Comment
  • Apple Falls... And Lands In My Dividend Growth Portfolio  [View article]
    Dead cat bounce

    Do not have to worry about it. Apple will continue to pay their dividend and will increase it in April. The share price will do what it does, but will trend up.
    Aug 25, 2015. 08:33 AM | 1 Like Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It  [View article]
    I am not the guy who wrote that they were gambling with my retirement. You did.

    I am not in a casino. I am an investor and am going quite well, thank you.

    I did not make anything up. Go back and read what you wrote. Maybe I misunderstood it, but I did not create anything out of thin air.

    Personally, I think people should stay out of casinos. I do.
    Aug 24, 2015. 09:37 PM | Likes Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It  [View article]
    <<However stocks and trading are not hobbies to me,they are essentially gambling with my family's retirement. I don't think I am unique at all in that regard. >>

    So you feel like you are gambling with your family's future. Please do not do that.

    Develop a sensible portfolio management plan, follow it and tweak it as needed. There is no need to gamble with something as important as your future.
    Aug 24, 2015. 08:50 PM | Likes Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It  [View article]
    That may be your only goal. Many of us are not betting on the stock market. You have a unique view, I would say.
    Aug 24, 2015. 06:53 PM | Likes Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It  [View article]
    Is politics really appropriate here?
    Aug 24, 2015. 06:42 PM | 5 Likes Like |Link to Comment
  • What Today's Market Collapse Proves And What You Should Do About It  [View article]
    It depends on your goals and your portfolio management rules. No such categorical statement can be true for everyone
    Aug 24, 2015. 06:26 PM | Likes Like |Link to Comment
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