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spybreaker

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  • Senate Slams Apple On Tax Avoidance [View article]
    If you think the 'rich' are just corporations then politicians who make the biggest noise on class warfare are proud of you.... Chris Dodd gets $1.2 million from the movie industry as a lobbyist and every treasury secretary/inner group member has been a former senior executive from Goldman Sachs (timothy geitner , henry Paulson,james rubin, larry summers etc) or jack Lew who was a former Citibank executive.

    Thanks for buying into the class warfare narrative - tax the 'rich' written by the very rich with connections in and to government themselves.
    May 27, 2013. 02:24 PM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Iamstockgeniusjustaskme,

    Why the hate/side tracking by bringing up Romney when he is not an apple board director and you ignoring Al gore who is an apple board director and therefore a hypocrite when it comes to taxes barking about 'fair share' when he himself is a board director of a company that avoids taxes as much as it can? Romney has nothing to do with apple so nice try. Blame everything on Romney now right? Apple avoids taxes? Romney's fault. Do you avail tax deductions? By the way 'stockgenious', Romney pays the same tax rate you pay. It's called capital gains tax... Let me know the last time you paid more than the required capital gains tax
    May 27, 2013. 02:12 PM | 1 Like Like |Link to Comment
  • Target: Better Off In Long Run [View article]
    I too believe TGT has a rewards for the shareholder in the years to come. Got a position in both TGT and WMT to profit from the kind of people who prefer shopping in either one of them (I prefer shopping at WMT because I'm price conscious and my wife prefers TGT being she is a bit more quality conscious). Both retailers have been rewarding for the shareholder though so it's been a good stock to own..
    May 24, 2013. 05:58 PM | 1 Like Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Hey Eric, I'm all for proper use of taxes and efficient and legal application of taxes. I don't have a beef with Apple doing their taxes the way they do it...but I'm not going to buy the hypocrisy of people like Al Gore and those who apply for every tax deduction they can and then preaches about the "rich" having to "pay their fair share of taxes" and vilifying those who demand tax reform while he is silent about his power as an Apple board director to practice what he preaches. He talks about setting up carbon taxes while driving around in his fleet of cars and keeping them idle while he speaks at conferences.

    Yeah, that "fair share" nonsense part - won't fall for it. Nope. I'm also long AAPL too.
    May 24, 2013. 03:50 PM | Likes Like |Link to Comment
  • Why Would I Not Sell Dividend Stocks Even After A 1000% Gain? [View article]
    Hey thanks for sharing your experience... it's always good to learn from folks who've been through the ups and downs. I've been investing first through mutual funds since I was 24 and I'm now 32. I had moved all my investments into individual companies when I became a bit more confident in investing by myself and I've been very happy that we can get descent returns using simple principles and looking at the big picture and not being worried when you have regular days of blood baths in the market. My dad taught me to live frugally and save money but he wasn't much of an investor and used to only depend on interest from his savings and fixed deposits. It's worked for him as the country we are from has an interest rate of over 10% for senior citizens (I immigrated to the US from India). My older brother on the other hand is a spender and doesn't save much let alone invest but he makes a real good salary. I've readjusted my portfolio since last year into a dividend growth model and will just monitor the health of the companies I've invested in.

    My current portfolio consists of (CVX), (COP), (PSX), (MCD), (ABBV), (WMT), (TGT), (WEC), (DLR), (DX), (AAPL), (DIS), (TGH)

    I also hold (EMC) which I had bought long back and will sell if I get good buying oppertunities in a good DG stock. (ATRS) is a long term speculative growth stock I hold.

    (DIS) was a stock I bought a while ago and even though it's not a DG stock, it's been great growth stock giving me a 1.75% yield on cost.

    Average beta: 0.85
    Average trailing PE: 13.65
    Average foward PE: 11.09
    Average Yield: 4%

    I'm building a position in cash now to buy good value DG stocks if there is a sizable correction or if we enter a bear market.

    I wish the broker I used provided a programmable API I could use so I can create my own portfolio management software and keep track of different parameters that need to be monitored.
    May 24, 2013. 03:41 PM | Likes Like |Link to Comment
  • At the open: Dow -0.41% to 15232. S&P -0.63% to 1640. Nasdaq -0.56% to 3449.
    Treasurys: 30-year +0.22%. 10-yr +0.08%. 5-yr +0.03%.
    Commodities: Crude -1.06% to $93.25. Gold -0.43% to $1385.85.
    Currencies: Euro +0.04% vs. dollar. Yen -0.96%. Pound +0.06%[View news story]
    Maybe this is where the downhill move starts like it did in 2007 after the S&P topped and then dropped in 2008. We reached the third top again. You know it's time to be extreamly cautious in the markets when the big shots like Goldman sachs invites all the sheep for the slaugter by predicting the S&P ending at 1900 this year and 2100 in 2014. All said and done, I'm building lot of cash. This just can't go on forever.
    May 24, 2013. 10:22 AM | 1 Like Like |Link to Comment
  • 6 Mid-Cap Electric Utilities For An Income Portfolio [View article]
    Thanks.

    from reading your articles, I believe I share your goals of dividend growth investment for the long term. I'm also an IT professional (programming specifically) and live with the assumption that social security will hardly be secure and socially inempt by the time I get to retirement (I'm 32 years old now)... I'm also putting away money I won't need for the next 5 to 10 years.in my DGI portfolio.
    May 24, 2013. 10:03 AM | Likes Like |Link to Comment
  • EMC: Is It Time To Buy The Enterprise Storage Master? [View article]
    those guys won't start a dividend.... if they were, they would have started one a long time ago. There's no value in holding this value trap as it keeps oscillating between the 22s to 25s. I averaged at 24.5 and shouold have sold yesterday when it came close. There are a lot more boring stocks out there that can pay you for holding your stock. I'm going to get rid of EMC one of these days....

    Best thing I did last week was to sell VM Ware (VMW) when it touched 79... I had bought it at 76 and was getting frustrated that it was acting like it's big brother EMC - range bound. Finally I thought, what the heck, these two stupid stocks are related and I sold for a minor gain after holding it for over 6 months (waste of time). Today VMW is at 72! Wow, I feel so good about getting rid of that looser stock. Can't wait to get rid of EMC. I'll sell it at a 1% loss if I have to and use it to offset capital gains.
    May 24, 2013. 01:54 AM | 1 Like Like |Link to Comment
  • New Market Highs Are Easy To Handle [View article]
    Had the same question and eventually opened a position with half my intended amount. Will add to it if there is a significant dip or goes down significantly in the next few weeks or months.
    May 24, 2013. 01:50 AM | Likes Like |Link to Comment
  • 6 Mid-Cap Electric Utilities For An Income Portfolio [View article]
    freebra / Invest Yourself,

    SCANA (SCG) does look interesting and attractively valued. I'm wondering if it's worth starting a small position and add on significant dips. But fundamentally, isn't there a lot of push back on new nuclear plant construction due to initial costs being placed on customers and activist opposition?

    Another question on buying utilities right now: what your thoughts on the observation that utility companies normally have low PEs close to the 10s to early teens max and they are therefore a bit stretched now with the recent run up? Do you have any price targets for SCG
    May 24, 2013. 01:45 AM | 1 Like Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Heliopios, are you referring to Apple board director member Al Gore who extols the virtue of rich people and corporations "paying their fair share in taxes"?
    May 23, 2013. 11:19 AM | Likes Like |Link to Comment
  • Even Japanese stocks are subject to the law of gravity (who knew?) as a confluence of factors sends the Nikkei (EWJ, DXJ) plunging 7.3% on the session (the swing from intraday high to low was ~9%). Yields on JGB 10s (JGBL) spiked above 1% at one point as an already skittish and volatile market was further rattled by what have generally been perceived as hawkish comments out of Ben Bernanke and other Fed officials on Wednesday. Yields pulled back in late trading. Compounding the problem for Japanese stocks was the yen (FXY), which has strengthened some 2% against the dollar to 101.16 most recently. (See also: China HSBC flash PMI shows contraction[View news story]
    Dxj is a penny stock.... Pump and dump
    May 23, 2013. 07:00 AM | Likes Like |Link to Comment
  • How Much Will I Need To Retire? [View article]
    Social Security will be hardly secure and anything but social by the time a 31 year old such as myself retires...I'm saving, investing and living frugally with the assumption that social security and medicare will at best be irrelavent by that time and at worst nonexistant..,. Something of which our history textbooks will use as a case study for our grand kids explaining why it was done away with due civil unrest arising from our nation's debt burden.
    May 23, 2013. 01:04 AM | 2 Likes Like |Link to Comment
  • 6 Mid-Cap Electric Utilities For An Income Portfolio [View article]
    What do you think about Wisconsin Energy Cooperation (WEC). PE is slightly higher at 18, payout ratio of 55%, dividend yield of 3.5% and 5 Yr dig growth at 17% or something? They have a monoply in Wisconsin state kinda like ED in the NJ area and revenues are increasing, I recently added WEC to my portfolio as a defensive stock and for yield facing the same dg squeeze you mentioned. Hard to find attractively valued high yield DG stocks
    May 23, 2013. 12:54 AM | Likes Like |Link to Comment
  • QE Doesn't Help Target's Same-Store Sales [View article]
    Thanks for the objective analysis. I'm long TGT and WMT...together they constitute around ~7% of my portfolio as a defensive position in consumer retail with management that is shareholder friendly through consistant dividend growth and stock buybacks. I bought both stocks as a hedge against the nature of their business - one targetting (no pun intended) the slightly affluent and quality consious and the other targetting price consious consumers.

    I've always been cynical about QE's impact on the average person in any meaningful way except when it comes to home purchases and I don't see how home purchases will significantly affect shopping behavior for stores like Target and Walmart compared to retailers like Home Depot, Lowes and other hardware retailers.

    TGT and WMT revenue will largely depend on the economy improving as a whole so we can expect prolonged seasons of uncertainty in a negative environment.
    May 22, 2013. 06:16 PM | Likes Like |Link to Comment
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