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  • Dividends Matter If They Matter To You [View article]
    <<A few months after a coworker retired I saw him in a WALMART and I asked how he was enjoying retirement. To my surprise the first thing that he said to me was "When you retire your paycheck stops.">>

    We are retired and get 5 paychecks - three small pensions and two SS benefits. We also get dividends every month, that are being reinvested. Talk about magic pants. Sometimes I feel like the man who robbed the bank at Monte Carlo.

    It is less money than we got when we were working, but it is enough if we continue living the somewhat sensible life that we have always lived.
    Aug 16, 2014. 05:54 AM | 7 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    <<We saw in an article yesterday that DGInvestors set up their cash flows so that there is no cash cushion and their spending each quarter depends on that quarter's cash dividends. >>

    Which DGI investor? I have never read a comment like this before. Why did you make it?
    Aug 15, 2014. 08:17 PM | 3 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    << But prices fluctuate and gains can dissipate at a moment's notice. Unless they actually sell at the current prices, their gains, literally, aren't "real." They can easily evaporate. Conversely, companies aren't going to come knocking at your door, asking you to give back the dividends they paid...recently or long-term.>>

    That is true, but in all fairness someone who does a good job of DD before purchase, and follows a buy and monitor program like many of us do for our DG stocks is probably at less risk of seeing gains dissipate at a moment's notice.

    Those of us who are dividend growth investors can also be slapped upside the head like this by unanticipated dividend cuts, regulatory changes and other events. Just ask those who were invested in Canroys when the Canadian government changed the regulations on those. I know Chowder has written about that.
    Aug 15, 2014. 08:15 PM | 2 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    They are not always announced during boom times (AAPL, for example). Also, you will find multiple names on the CCC list that have engaged in multi-year stock buybacks, some of them are darlings of those of us in the DGI camp (KMB, for example).
    Aug 15, 2014. 07:18 PM | 1 Like Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    <<I would NEVER go into a comment stream of an article on a strategy that differs from my own and call the author or other advocates of the strategy crackpots or cultists.>>

    Aug 15, 2014. 05:24 PM | 2 Likes Like |Link to Comment
  • Correction Arrived Early For Walgreen - So Now What After Only OK Dividend Hike? [View article]
    I ended up adding to KMI with some of WAG proceeds. Income fully replaced now.
    Aug 15, 2014. 08:06 AM | 3 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    <<Uncle Sam will have all your account drained to zero in the out years. >>

    Your same Uncle set up the rules that allowed you to accumulate wealth tax free. It is time to pay the piper.

    If you do not need the money, but it in a taxable investment account and keep investing it. Do not complain about finally paying taxes on money that you accumulated tax free for years and decades.
    Aug 15, 2014. 01:06 AM | 35 Likes Like |Link to Comment
  • Retirement Strategy: The Absurdity Of Believing That Dividends Don't Matter In Retirement [View article]
    <<“People think that dividends are found money: they don’t realize it’s just money coming out of the company that could have been used to buy back shares or expand the business.”

    The crux as it relates to dividends is that the lure of dividends is behavioural. >>

    This is the most egregious type of nonsense. I know no one who believes that dividends are "found money". Dividends are the portion of a company's earnings that gets paid to the company's owners. It is behavioral in that it is part of a company's behavior to pay the owners, and it is the owner's behavior to receive their payment.

    "Lure of dividends?" It is a choice on how one wants to be paid. I choose, with 87% of our portfolios, to be paid on a regular basis through the mechanism of my business partners sending me part of our profits.

    It is no more complex than that.
    Aug 13, 2014. 07:33 AM | 14 Likes Like |Link to Comment
  • Dividends In Investing: How To Sleep Well At Night [View article]
    Good article Eric!! My shift into a portfolio that is 87% dividend growth was intensified after reading the Single Best Investment, also recommended to me by chowder!!

    I think it is difficult to measure the total positive impact chowder and his recommendation of that one book has had.

    Of course there are many others here who have contributed to my understanding and practice of dividend growth investing, but that was the seed that hit fertile ground. What is the saying? When the student is ready the teacher will appear, I think.
    Aug 13, 2014. 06:05 AM | 6 Likes Like |Link to Comment
  • How Do You Hold Cash When Realty Income Or AT&T Are Available? [View article]
    If one is reinvesting growing dividends, as I am, then one is investing more each year.
    Aug 13, 2014. 05:56 AM | 10 Likes Like |Link to Comment
  • Here's The Alarming Table Kinder Morgan Doesn't Want You To See [View article]
    You suckers lost again. Taking the other side of your plays has been a very profitable trade, generally
    Aug 12, 2014. 05:11 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    I would not buy much of anything paying a 8-9% yield - too much risk
    Aug 11, 2014. 10:20 PM | 1 Like Like |Link to Comment
  • Frothy Market, Impending Correction - What's A Dividend Growth Investor To Do? [View article]
    Equifinality - check it out.
    Aug 11, 2014. 06:27 PM | Likes Like |Link to Comment
  • Dividend Growth Investors - Mind Your Own Business [View article]
    <<Another problem with dividends is that they are sticky: they go up, but it takes a 2008 crisis for them to go down. >>

    There have been some good articles on companies in the CCC list that decreased or froze their dividends in 2008-09.

    I suggest you look them up and read them.
    Aug 11, 2014. 06:22 PM | 2 Likes Like |Link to Comment
  • Procter & Gamble: Low Risk, New Growth Plan, Solid Dividend [View article]
    Morningstar makes that adjustment to historical numbers - at least it did after the recent Apple stock split.
    Aug 11, 2014. 09:07 AM | Likes Like |Link to Comment