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Rick9264

Rick9264
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  • Bought Raytheon At 10% Discount For Dividend Growth And Steady Price Appreciation [View article]
    Excellent choice. I am an engineer and have followed Ratheon for years. With the USA and other developed countries going to the air (jets, drones, satellites, etc) for defense and offence, Ratheon is a company that is "To Important to Fail". A forever stock. As goes Raytheon Boeing, Lockheed Martin, etc., so goes the good old USA. Remember, the USA Government design and builds nothing ... these companies do. The Government just pays the bills.
    Jul 2, 2014. 09:17 AM | 3 Likes Like |Link to Comment
  • A Safe 8.1% Yield From This Utility [View article]
    Interesting. Call or no call. One idea is to find a bunch of DRU type investment instruments and buy them all. Odds of all being called is low. Basically a bond issue with a nice return. Maybe by an ETF with DRU in it. Any lists out there with DRU type assets?
    Dec 13, 2013. 05:00 PM | Likes Like |Link to Comment
  • Dividend Growth Investing - The End Game [View article]
    Excellent way to look at retirement funding. I just retired and follow a similar system but throw in social security, some rental income and our primary house. I look at our needs and think about what will be left behind for our daughter (only one child). Seems that telecoms, MLPs, utilities and REITS give off a nice income flow - for now, and into the future. Unless we get hit by a meteor, ConEd, AEP, AT&T and the gas and oil guys will be around for a long, long time .... ' me thinks.

    Bottom line .... great piece. Makes 'ya think a lot.
    Jun 10, 2013. 09:13 AM | 2 Likes Like |Link to Comment
  • Why Dividend Investors Should Rely On The Past [View article]
    Hmmmm ... seems to me that looking at the past is a pretty god way to go. I always look at the dividend record before entering or exiting a position. Some of my investments are off big time; but - many keep paying 9% or more. Even if they cut the divs; odds are they will still pay 5% or so. DividendInvestor.com is a pretty good way to look at the Divs ... No need to buy in. Just use the site to look at 5 years ...
    I built 10 portfolios for my fam after March 2009. To day ... on average ... they are doing: 6% dividends; 3% div growth. 4% stock price increases. Each portfolio has 100 stocks. No preferred; no mutual funds; no Direxion type stuff. Just stocks, MLPs and some ETFs to play with. CEFs were in there ... most are now out.
    Jun 22, 2012. 09:57 AM | Likes Like |Link to Comment
  • Why Cash Flow Is Currently More Important Than Earnings [View article]
    Hmmm .... but, after studying balance sheets, income statements, etc. and dealing with accountants who put the info together; seems like the only real info is the revenue stream. Just about everyone in a firm looks at revs .... growth, growth and more growth .... just like Europe and the USA. No growth = trouble. Growth can also be inflation. Revs just have to keep going up.

    Rick
    Brown U Engineering '67
    Harvard KSG - MPA '89
    Jun 21, 2012. 09:18 AM | 1 Like Like |Link to Comment
  • Dividends And Electric Utilities: PPL Corp. Vs. NextEra Energy [View article]
    Like they say ... the proof is in the puddin' or something like that. I am running several dividend paying portfolios for my family. Here is info on PPL and NEE from one of the portfolions. PPL...1/25/2011 bought ... up 7.31% to date ... pays 5.57% dividend (on cost). NEE ... bought 10/8/09 ... up 26.2% ... pays a div of 4.51% on cost. Not bad at all. My portfolios have been running (since March 2009) at 5% price appreciation per year; 6.5% dividend on cost; 3.4% div increase per year. I am retired and live on dividends + real estate + other stuff.
    Jun 20, 2012. 05:07 PM | 2 Likes Like |Link to Comment
  • Annaly's Monster 13.2% Yield Is Safe For Now [View article]
    Excellent article. But - and there is always a but -these income plays have no way to look at the assets backing up their bets. I am an engineer/economist and look at properties backing up mortgages. Since 2005 the quality of the properties has declined ... declined a lot. Many properties do not have enough reserves to replace the elevators, fix the boilers, replace the air conditioning, etc.. Bottom line ... possible trouble in the next five to ten years. But - again, always a but - who cares? If the income gets cut to cover the reserves costs; the returns will still be great. Bottom line .... still a great way to invest in real estate.
    Rick
    Jun 1, 2012. 09:53 AM | Likes Like |Link to Comment
  • Annaly Capital: What's Next? [View article]
    I am an engineer / economist and do lots of due diligence work on real estate ,,, lots. Plus, I have been with NLY for some time. Seems to me that the price is rising and the dividend will be off a touch in the future. But... so what. The div is now 13% ... if it drops to 9%, so????
    Rick
    Feb 8, 2012. 08:49 AM | 2 Likes Like |Link to Comment
  • The Limits Of Quant Models For Tactical Asset Allocation [View article]
    Hello Robert. I think you are spot on. I am and engineer with - unfortunately - a degree in economics from a big New England school. This is a bad combination. I have also worked with many, many quants in the past; and have setup a CEF where the human touch counts 100% using the Fidelity retail system info. So far, the human CEF is beating the quants by about 15%. That is 15% in dividends and income and 15% in capital growth. Nice to look in the rear view mirror ... but 'gotta look into the crystal ball for the future. My gut feel is Pats over Giants in the superbowl by 10 points.
    Feb 2, 2012. 01:45 PM | Likes Like |Link to Comment
  • Why Alt Energy Will Never 'Pencil Out' [View article]
    How true, hot true. I am and engineer - economist type guy and have traveled the USA, Globe looking at real estate deals for financial facilities, banks, lenders, buyers, sellers, CMBSers, pension funds and the like. I have also been involved in the construction financing and monitoring of loans for 'green buildings'. I recently went back to a 'green building' I was involved with some six years ago ... take a look at the 'green systems'. They were in bad shape. Roof leaks from the roof landscaping; rusting roof mounted mirrors, rusting HVAC controls, down mechanical and electrical systems, clogged underground water storoage tanks. Plus, new, simple HVAC systems were installed. The cost of upkeep (of the 'green systems') was just too much for the owner. He just gave up. Ditto for hundreds of buildings and sites around the planet. Good tries .... But, once the Government subsidies ran out, not financial winners. All went back to gas and oil and electricity from the grid.

    Rick Herbold, P.E.
    Brown U engineering '67; Harvard Kennedy School ' 89
    Jul 7, 2010. 10:38 AM | 3 Likes Like |Link to Comment
  • Forget EPS, The Key Is Cash Flow [View article]
    Hmmm.. Not to sure. When you enter the world of cash flow, you are entering the world of finance, management, etc.. Best to just look at revenues ... "me thinks. If revs keep going up, cash flow will follow if management is good or OK .... If revs go down, down and down some more; you are in deep trouble. Sales is king.

    Rick
    Brown Engineering '67; Harvard MPA-economics '89
    Apr 12, 2010. 07:46 AM | Likes Like |Link to Comment
  • Actively Managed ETFs Look Poised to Explode [View article]
    Seems to me that the "proof will now be in the puddin'". Since March 9, 2009, it has been pretty easy to make a buck with stocks, ETFs, CEFs, MLPs and so on. I set up my own CEF last march (family money only) and did quite well .... very well. Now it is getting more difficult to find assets with nice dividend payouts, nice cap gains possibilities, nice rev growth and nice analyst recommendations (my personal screen). "Could be time to go with a pro manager? ... spend less time sitting behind a computer screen.

    Rick
    Brown Engineering '67
    Harvard Economics and Gov. '89
    Semi-retired '2005
    Jan 11, 2010. 08:39 AM | Likes Like |Link to Comment
  • 6 Bellwether Dividend Stocks [View article]
    I also am a Div-Investor. The last six months or so have been good. Stocks, bonds, MLPs, high yields, ETFs, CEFs are all up .... plus the divs keep pouring in.

    My portfolio (50 positions) yields 7% a year .... a safe 7%. Growth is 3%+ a year in yield. The poisitions are up 3% in three months. The world is rosy.

    The big question is: should I sell the portfolio (50 positions)and take the 3% gain .... or hang on to the 50 and keep the 7%+ rolling in for years to come?

    I am 64 years of age and semi-retired.
    Sep 16, 2009. 08:38 AM | 3 Likes Like |Link to Comment
  • Fixing the Leveraged ETF Mess [View article]
    Seems pretty simple: the 'average joe' should stay away from these products. The 'casino day trader' should jump in with all guns-a-blazing. Just flip a coin, look at overnight trading, look at Europe, look at Asia .... flip that coin again. AND .... hope for the best. Life is fun inthe casino world .... just treat it as a vacation and spend accordingly.

    Me ..... I have played this casino and - so far - have won. March 9 to now with Direxion stuff.

    rick
    Jun 28, 2009. 01:41 PM | 2 Likes Like |Link to Comment
  • CB Richard Ellis Prices $450 Million Sub Notes Due 2017 at 11.625% [View article]
    The real issue is the land under the buildings. The cost of construction, design and operations generally follows inflation. It is what is is. Land prices have been bid up over the last 15 or so years. Way, way up. Now, some undeveloped plots in Manhattan are selling for $1.00. The Weymouth, MA air station (multi-billion development from an old military complex) project is on hold, pending a lowered cost for the land. The Hancock Tower in Boston sold for 50 cents on the dollar. Ouch .... and double ouch.
    Rick
    Brown Engineering '67
    Harvard Economics '89
    Jun 17, 2009. 10:17 AM | Likes Like |Link to Comment
COMMENTS STATS
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