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poortorich

poortorich
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  • Are J&J Recalls Turning Off Consumers? [View article]
    Good morning rich
    I guess the million dollar question is this. Is the damage to jnj so severe that they cannot maintain their dividend. If you think the answer is yes, you should get out especially if your goal is capital preservation. If you think they will eventually recover and you have no need to sell, I would be adding more. In fact, I want the decline to be deeper and more protracted. Only a very few companies have the power to withstand a hurricane and jnj is one of them. They might of gotten a d on a quiz, but their final grade for the semester will be an A.
    Jan 25, 2011. 09:43 AM | Likes Like |Link to Comment
  • 4 Stocks That Buffett Could Buy Now [View article]
    Hmm
    Ctl and xerox. Are you sure buffett would buy these? Ctl is in a very capital intensive industry. Does xerox have a moat?
    Jan 23, 2011. 11:52 PM | 3 Likes Like |Link to Comment
  • Dividend Matchup: McDonald's vs. Yum Brands [View article]
    Both are outstanding companies. Theres enough room for both in China and india.
    Jan 21, 2011. 05:19 PM | 2 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    One way to not panic during corrections is to focus on intrinsic value, not the stock price. For the dividend paying companies in my portfolio I generally only pay attention to price when im buying meaningful amount of more shares. Otherwise, I might not even look at it for 6 to 12 months.
    Jan 21, 2011. 10:40 AM | 2 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    I think IBD can be a good place to get investment ideas. However, it is widely followed. That means any stock that is about to "break out" will be closely followed by many. Too many people know about it.
    I really like value line because it lays out in a clear fashion information about companies for the past 10 plus years. Its a good starting point to find good ideas.
    Jan 21, 2011. 02:28 AM | 2 Likes Like |Link to Comment
  • The Little Book of Sideways Markets: A Profitable Read [View article]
    Rich, as David alluded to, its called trend following or momentum investing. Basically, once a stock clears its 52 week high( in some cases, its all time high), all the weak hands have been shaken off and you have no more resistance. Some of the biggest advances in history were achieved AFTER stocks broke through their highs. Bill O Neil's CANSLIM method is based on this. Many stocks form a base (they are consolidating). Then they form a "handle" then there is usually a slight pull back to shake off weak hands. Then the stock advances to new highs. A very important rule is to always limit your losses by putting a stop loss, typically about 8%. Let your winners run and cut your losers. Does it work Y?es it does because there are plenty of people who've made great amounts of money doing this. But it takes discipline. There are other technical ways to trade including looking at chart patterns, using moving averages, etc.So why am i not doing it? Because I have more satisfaction being a long term "owner" of a business. I don't like "timing" the market. I like timing value. One has to do what one feels comfortable with.
    Jan 21, 2011. 12:41 AM | 2 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    Now. Investing in smaller companies. Thats a totally different matter. If not handled properly, it could be like playing with fire. I would not encourage my kids unless they have a deep desire to learn more about investing.
    Jan 21, 2011. 12:07 AM | 2 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    Oh and one more thing. Having a frugal wife who can serve as a role model to the kids helps alot. One caveat though. My wife doesnt know too much about stocks but ive trained her to know that if I die she should never sell the dividend paying stocks in our portfolio and should live off the dividends.
    Jan 20, 2011. 11:58 PM | 6 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    I actually do have one who is a few months away from being a teenager. She actually has to restrain me from spending too much when we goto the mall. She gets it from her mom who is quite frugal. My wife still cuts out coupon if you can believe that. My almost teenager is at a point where she understands what a simple wonderful company like ko is. She also (i hope) understands that a wonderful companies that pay dividends should never be so bc I have been pounding this in her head since she was young. The analogy I give her is of the goose that lays eggs. I tell her that if you are hungry, eat the eggs but dont ever kill the goose. Im hoping my 4y.o.will gain the same understanding but only time will tell. Who knows. Maybe this will all blow up in my face
    Jan 20, 2011. 11:53 PM | 3 Likes Like |Link to Comment
  • The Little Book of Sideways Markets: A Profitable Read [View article]
    I havent read the book yet but you mentioned sell when a stock reaches fair value target. If capital appreciation is the goal, why not let it ride and put a stop loss. More momentum investors, stocks tend to continue to go even higher after hitting new highs.
    Jan 20, 2011. 06:13 PM | 1 Like Like |Link to Comment
  • Are J&J Recalls Turning Off Consumers? [View article]
    Rich

    I was hoping for a deeper more protracted drop.
    Jan 20, 2011. 05:51 PM | Likes Like |Link to Comment
  • Sweet Dividend Yields Found in the Beverage Industry [View article]
    Hans is quite frankly a cash generating machine. Will likely get bought out by KO. It will go head to head with Red Bull around the world for dominance in the energy drink market.
    Jan 20, 2011. 05:47 PM | 1 Like Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    Its very interesting, informative and useful to read how some of you deal with kids and money.
    Jan 20, 2011. 04:53 PM | 4 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    Tom

    Agreed. I think if you can get them involved in investing at a young age, this will make a huge difference. Let them pick stocks etc. Let them see the money increasing at an early age....this becomes fun. If they can be taught how to analyze companies by looking at financial statements by the time they graduate high school, they will be well ahead of the curve.
    Jan 20, 2011. 04:02 PM | 3 Likes Like |Link to Comment
  • A Basic Retirement Plan, And 9 Dividend Income Stocks to Help Get You There [View article]
    YoYo and Smart Widow

    I appreciate your thoughts!
    Jan 20, 2011. 03:30 PM | 5 Likes Like |Link to Comment
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