Exxon Mobil: 4 Reasons To DRIP This Company [View article]
I opened an account with Computershare early last year and bought some XOM and KO. Maybe you or some of the commentators could help me out with a question about Computershare. I've not had any problems with them, dividend reinvestment and the occassional small direct purchases have all been handled quite well. In their investment plan brochure that I received, in the "other information" section, item 13 states in part that the shares held are not insured by the SIPC or any other federal or state agency. Should this be a concern, or am I worrying about something that I shouldn't worry about? For whatever reason, I did not notice this information item when opening the account, but it's bugging me now that I know about it. Help, please.
A Look At Exxon's Dividends And Buyback Program [View article]
Oy! Problems like this we should all have! This might be slightly off-target, but I think about what that great investor and economist Woody Allen said, "I've never been in a situation where having money made it worse!"
A Look At Exxon's Dividends And Buyback Program [View article]
You might want to check on the annual fee for that XOM IRA DRIP. I looked into it a few years ago and there was a $45 annual fee. Maybe that's not the case anymore, I don't know, and since I retired in 2011 it's not an option for me so I never checked on it again. For a regular taxable account you can buy directly through Computershare and there is absolutely no fee for purchases or dividend reinvestment.
Coca-Cola Has 30% Upside In Next 12 Months; Best Buy In Beverage Industry [View article]
Of course, if you are a buy-and-hold investor in KO, like a lot of folks, all of this is interesting, informative and, uh, well.... I'm not buy-and-hold at all costs, if something truly drastic happened of course I would have to revisit my conviction, but things like whether or not KO makes a new high, or their new Coke Zero Caffine-Free improves the bottom line does not change anything for me. Coca-Cola does what they do better than anyone else in their industry, as far as I am concerned, and has for well over 100 years. I enjoyed the article and the responses, but I think that unless you are a short-term trader, the best bet for KO is to hold for the long term and reinvest the dividends.
Rowan: Push Into Ultra-Deepwater Could Bring Profits To Investors [View article]
Hmmm, so a company specializing in shallow-water drilling is going to jump into ultra deep-water drilling? What could possibly go wrong? Hey, got to get those "outsize profits", don't you know. I guess staying within your core competency is not a consideration...
Look Beyond Tomorrow And Buy Exxon Mobil [View article]
I never worry about whether or not my investments beat the S & P 500, or any other index. I have a handful of investments that I believe in and plan to hold for the long term. Right now XOM is the only one that has not had a run-up, so I'm directing my new investment money to them. Reserve replacement is always a concern with an energy company that produces as much as XOM, but with recent developments such as the Bakkan oil field, shale oil, fracking, new supplies of natural gas (and all in the U.S.!), I think things are looking up. And XOM is in a prime position to take advantage of these new developments. I would say that XOM is a real tiger in the oil patch, but then I would probably get sued by Kellogg's....
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
Looks like a good assortment of stocks to me. I'm on a small pension, so I don't want to spread my investment money too thin, but I think GE looks pretty good, if I add another stock that will probably be the one. I was debating about whether to buy Coke or Pepsi, I like both of their products and think that both are excellent companies, but in the end I went with KO because I wanted more of a pure play on beverages (probably the best thing to do would be to just buy both companies if you have the coin, like you have). And I am from Georgia, so I went with the home team, so to speak.
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
Good article. Anyone who is not a short-term trader would do well to buy and hold some of the old-line blue chips. I am a small investor with a buy-and-hold mentality. I own one mutual fund (Morningstar category is Conservative Allocation), and three individual stocks: KO, PG, and XOM. As far as I'm concerned, if a company is not at least 100 years old, it's a start-up, to be viewed with a certain amount of suspicion (just kidding...kinda).
BP - An Attractive Dividend, And An Even More Attractive Value Stock [View article]
Totally agree, I raised these exact points in response to an article a few weeks ago. This company has demonstrated a pattern of irresponsibility that is truly mind-boggling, and they show no indication of changing their conduct. Yeah, right now it might be a "good stock" with a "good dividend". I hope for everyone's sake, shareholders and nonshareholders alike, that they don't have any more disasters. But with their history (which we should ignore, apparently), I wouldn't count on it. I'm long XOM, they seem to have learned their lesson after the Exxon Valdez disaster, and they have an industry-wide reputation for competence and safety. I think that investing in BP is like picking up nickles in front of a steamroller. It's all good, until it's not...
If you want to read a really good story about "buy and hold", Google "Coca-Cola Millionaires". The first story, or one of the first, should have a headline pertaining to Coca-Cola Millionaires in the small town of Quincy, Florida. What a great story! I think that most of the folks that follow KO on this forum are long-term investors anyway, but this is certainly an inspiration to hold on for the long haul... (On a personal note, I also got a kick out of this story because many years ago when I was in the military, I was stationed for a few years in San Antonio, and when I went back home (southeastern Georgia) I would take I-10, which ran through the Florida panhandle, and I used to stop at Quincy to grab a quick bite to eat. It was just another little town in a rural area. I had no idea).
Exxon Mobil's Earnings And Dividend Increase: Why I'm Long [View article]
I don't know about their Iraq venture, but as far as the Rosneft partnership, I have read that XOM required them to partner on another project in a different area, unspoken implication being that if Rosneft stiffed them on the one, XOM could tie up their stake in the other. As far as Iraq, I guess we could just invade again...
4 Reasons Why Investors Should Sell Coca-Cola Near 52-Week Highs [View article]
As much as I respect Warren Buffett, his refusal to split shares always annoyed me, because, as you point out, eventually the share price got so high that the average working person who might buy a few shares of stock from time to time simply cannot afford it, or if they can, it would probably wreak havoc with the rest of the portfolio, instantly becoming a huge percentage of their overall investments. Not a bad thing so far, but still... Fortunately, the "B" class shares have been available for a few years now. I don't think they have voting rights (could be wrong about that), but even if they don't, the average small investor vote is not going to really be a factor.
4 Reasons Why Investors Should Sell Coca-Cola Near 52-Week Highs [View article]
Boy, you nailed that one! The only reason to sell is if you are a short-term trader (and good luck with that). I have a small position in KO, along with PG and XOM, and my intention is to hold all three for the long term. KO and PG have moved up significantly since I purchased them, so while I am not initiating any new positions, I am still reinvesting the dividends, and right now any new investment money is going into XOM, since it has not participated in this most recent market run-up and I am still very comfortable holding the stock.
Exxon Mobil: 4 Reasons To DRIP This Company [View article]
A Look At Exxon's Dividends And Buyback Program [View article]
A Look At Exxon's Dividends And Buyback Program [View article]
Coca-Cola Has 30% Upside In Next 12 Months; Best Buy In Beverage Industry [View article]
I'm not buy-and-hold at all costs, if something truly drastic happened of course I would have to revisit my conviction, but things like whether or not KO makes a new high, or their new Coke Zero Caffine-Free improves the bottom line does not change anything for me.
Coca-Cola does what they do better than anyone else in their industry, as far as I am concerned, and has for well over 100 years. I enjoyed the article and the responses, but I think that unless you are a short-term trader, the best bet for KO is to hold for the long term and reinvest the dividends.
Rowan: Push Into Ultra-Deepwater Could Bring Profits To Investors [View article]
Look Beyond Tomorrow And Buy Exxon Mobil [View article]
A 10% Yield That Investors Should Stay Away From [View article]
BP - An Attractive Dividend, And An Even More Attractive Value Stock [View article]
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
BP - An Attractive Dividend, And An Even More Attractive Value Stock [View article]
Coca-Cola 10 Years Ago And Today [View article]
(On a personal note, I also got a kick out of this story because many years ago when I was in the military, I was stationed for a few years in San Antonio, and when I went back home (southeastern Georgia) I would take I-10, which ran through the Florida panhandle, and I used to stop at Quincy to grab a quick bite to eat. It was just another little town in a rural area. I had no idea).
Exxon Mobil's Earnings And Dividend Increase: Why I'm Long [View article]
4 Reasons Why Investors Should Sell Coca-Cola Near 52-Week Highs [View article]
Fortunately, the "B" class shares have been available for a few years now. I don't think they have voting rights (could be wrong about that), but even if they don't, the average small investor vote is not going to really be a factor.
4 Reasons Why Investors Should Sell Coca-Cola Near 52-Week Highs [View article]