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  • Becoming A Realty Income Millionaire [View article]
    We had rental property from the 1960's to 1996. Inflation increased its value so that in 1980 we were selling at 2.5 times what we'd paid, and by 1996, 3.5 times what we'd paid. Don't know about hyperinflation, but in the 70's interest rates on mortgages were 12-16%. I'd guess that REITs will raise their rents just as we did with inflation.
    Sep 28, 2015. 08:55 AM | 5 Likes Like |Link to Comment
  • Half-Million Dollar Income Project: Now Yielding 6.5% [View article]
    Your decision to not look at the present value of the account is wise. So long as you buy sound companies, just count and multiply the dividends. My retirement account has gone to heaven and hell and back again over the years - the wise man who said "the market will fluctuate" had it right. The worst thing you can do is sell at the bottom. Consider adding PG, SO and more JNJ to the portfolio, solid companies you can sleep with at night and all bargains now. Follow Chuck Carnevale and Chowder - they always give good advice. Good luck!
    Sep 27, 2015. 10:58 PM | Likes Like |Link to Comment
  • Are We On The Precipice Of Another 2008? [View article]
    Bank owned distressed properties are very difficult to sell because buyers have to jump through so many hoops, and the commission is so low that it's hardly worth a realtor's time to show them. A realtor I know wrote three offers on one of them, none of which went through. So they will stay on bank books as dead money and continue to deteriorate, blighting neighborhoods.
    Sep 13, 2015. 09:51 AM | Likes Like |Link to Comment
  • Dividend Stocks Will Give My Daughter $600,000 On Her 18th Birthday [View article]
    Have grandparents open the Joint Gift to Minors account. In our State (MS) it doesn't belong to the kid until he is 21, and since it is in our name does not have to be reported on a FAFSA. We take out from the account and send his parents a check for tuition each semester. One of our grandsons has now graduated as an engineer, the other is in a tech school, and our granddaughter is working on her masters' in education. The small amount of taxes on the dividends of a student who has no income are negligible.
    Sep 4, 2015. 08:36 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: When There Is Blood In The Streets, Will You Become A Vampire? [View article]
    Had a small amount of dividends burning a hole in my pocket and couldn't resist the sell off. Added 13 XOM this morning and 10 JNJ a minute before the close. The market will probably be down further on Monday but in the long run... I've seen this before. Never sell core holdings - they'll go right on paying dividends, and they will come back!
    Aug 21, 2015. 08:47 PM | 18 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    I also see the way the workers are ripped off. I pay credit card bills in full before the due date and get 1% back; a 44 year old who works 40 hours and more a week at a demanding job has a credit card maxed out at 26% interest and struggles to pay her bills. My yardman wants his money in advance to put food on the table. A neighbor's son, a college graduate, is working as a handyman because he can't find a job. Another young man just graduated with student loan debt and is ecstatic about going from part time to full time at Lowes. Don't think the Fed can ever fully close the income gap, but weakening the dollar to keep jobs in this country would be a pretty good start.
    Aug 14, 2015. 09:40 AM | 6 Likes Like |Link to Comment
  • Procter & Gamble: Value Trap Or Prime Retirement Stock? [View article]
    PG is my second biggest holding (Apple outgrew it.) Had it since the 1980's and love that secure and growing dividend. At 93 I knew it was overvalued - should have sold some, but hated to pay the taxman and lost the opportunity. If it gets down to 75, time to buy more. The stocks I've lost money on over the years were all specs supposed to go to the moon, not blue chip Steady Eddies. PG has quality brands - try washing clothes in anything but Tide. Long PG until they carry me out.
    Aug 13, 2015. 11:16 PM | 15 Likes Like |Link to Comment
  • Exxon Mobil: Time To Fill Up Or Wait For Better Prices? [View article]
    I don't know anyone smart enough to call the bottom, but the market can turn on a dime. Oil has gone down a very long way, and even if dividends are cut the yield will still be good. Put a very small toe in the water yesterday, 25 more RDS.B, which will add a little to dividend income while waiting for a turn. If oil drops again, which is entirely likely, I'll get a little more XOM. The world will need oil long after I'm pushing up daisies.
    Jul 28, 2015. 02:01 PM | 9 Likes Like |Link to Comment
  • 3:00 A.M. shopping at Wal-Mart may be cut back [View news story]
    The law of unintended consequences!
    Jul 23, 2015. 11:37 AM | 2 Likes Like |Link to Comment
  • How Much Bond Duration Could You Endure? [View article]
    I have some good munis, also a couple of PR's - one insured, but its value has dropped, though not as much as the uninsured. The interest on highly rated munis offered today is so low I'd rather have T, or JNJ, PG etc. with an expectation of growth over the next ten years. States and cities that now seem financially secure can have problems in the future. When Medicaid stops paying states for the Obamacare signup in a couple of years, states that bought in will be hit with an enormous and growing bill. If it comes to a choice between hospitals, schools, and bondholders, it is the creditors who will take a hit. I love my good munis, but am not buying more.
    Jul 21, 2015. 08:57 AM | 2 Likes Like |Link to Comment
  • CSX: My Q2 2015 Buy [View article]
    Government can destroy anything. I have CSX but am afraid to buy more. Better to put money into something that is not under the gun.
    Jul 20, 2015. 11:32 PM | Likes Like |Link to Comment
  • Procter & Gamble's Plan To Dominate [View article]
    PG is my third biggest holding, under JNJ and Apple. I plan to buy more. Got a bargain on Oxy detergent, which was no bargain. Too cheap to throw it out so I used it up, but then went back to Tide. My whites are snowy again. You can't beat quality, which means PG.
    Jul 18, 2015. 10:53 PM | 5 Likes Like |Link to Comment
  • How Much Bond Duration Could You Endure? [View article]
    Chuck, you're 100% right. Consider also that taxes on the interest on bonds are higher than the dividends on stocks, leaving less real income to be either spent or reinvested to grow future income. I haven't bought a bond in years - munis are scary and have no growth. T is a great substitute.
    Jul 18, 2015. 12:54 PM | Likes Like |Link to Comment
  • Why Royal Dutch Shell Offers Huge Value For Income Investors Now [View article]
    My post is correct for RDSA and B in a regular account, as that's what I have. Don't know the tax situation in a tax deferred or exempt account.
    Jul 14, 2015. 08:42 AM | Likes Like |Link to Comment
  • Why Total Return Is Like Trying To Add Apples And Bananas [View article]
    Interest on the "safe" 10yr T-bill is taxed at a higher rate than dividends. And there is no growth with a T-bill, but an almost guaranteed loss of purchasing power to inflation. Blue chip DG stocks have increased my income and purchasing power very nicely over many years. The good thing about dividends is that anything left over from paying bills can be invested in whatever seems the best deal at the time - your choice.
    Jul 11, 2015. 03:27 PM | 5 Likes Like |Link to Comment