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  • What Percent Of Your Return Is From Dividends? [View article]
    The contribution to total return from dividends tend to get magnified over a long period of time, particularly when there are nasty bear markets.
    Jul 28, 2015. 11:40 AM | Likes Like |Link to Comment
  • Retired Dividend Growth Investors Are Lulled Into A False Sense Of Security [View article]

    I agree with you that for many investors, seeing their portfolio drop by 20, 30 or 50% is very painful and unbearable.
    But if you've reached the The Golden Finish Line, why even worry about those losses when they are buying opportuniteis. The Golden Finish Line is the point where your dividends are enough to meet your expenses.
    In the stock universe, there are thousands of companies. But among them, there are a few that can withstand the test of time. If your portfolio is diversified among those companies, I would sleep soundly at night.
    Jul 27, 2015. 01:21 PM | 7 Likes Like |Link to Comment
  • China path for MasterCard and Visa could be bumpy [View news story]
    it appears to me that the strategy of China has been to "protect" UnionPay until got big enough to make it on its own. Now that its there, it is now allowing V and MA to compete.
    Jul 27, 2015. 12:02 PM | 2 Likes Like |Link to Comment
  • Starbucks: Building Its Own Payment Ecosystem [View article]
    Stocks for long run,

    Agreed. Im comfortable investing in both value and growth stocks. With growth stocks with a long run way, it may never correct to "value" levels until its gone up a ton. By that time, there could be a correction, but minor compared to its run up.
    Jul 27, 2015. 11:22 AM | Likes Like |Link to Comment
  • Starbucks: Building Its Own Payment Ecosystem [View article]
    Compunded annual return from 2001 market peak to 2015
    SBUX 18%
    SandP500 5.5%

    Compounded annual return from 2006 market peak to 2015
    SBUX 14%
    SandP500 5%
    Jul 26, 2015. 02:22 PM | 3 Likes Like |Link to Comment
  • Starbucks: Building Its Own Payment Ecosystem [View article]
    How does Starbucks Mobile payment system work?
    Does it not require adding a credit/debit card or even Paypal?
    If that is the case the winners seem to be both Starbucks and the payment processors.
    Jul 26, 2015. 12:05 PM | 1 Like Like |Link to Comment
  • MasterCard Just Keeps Charging Up [View article]
    MA's intrinsic value is higher than its market price.
    Jul 26, 2015. 12:49 AM | Likes Like |Link to Comment
  • MasterCard Just Keeps Charging Up [View article]
    Hi Mykie,

    I try to imagine what the company will be like in the next 10-15 years. Some things to consider
    1) we are becoming a cashless society. The world is becoming a cashless society and the addressable market for the payment processors is immense.
    2) PE ratio is important, but must take into account how fast the company is growing, and equally important , the addressable market. (its Price/free cash flow is actually close to 25). A high PE for a company whose addressable market is limited is not good
    3) I used to question the moat of V/MA a bit in the past but I think their moat is wide enough to maintain their dominance over the next decade or so.
    4) without getting too technical, I believe the intrinsic value of MA is actually lower than the current price
    Jul 25, 2015. 11:21 PM | 1 Like Like |Link to Comment
  • Does Bitcoin Threaten The Future Of MasterCard And Visa? [View article]
    Dont we have virtual currency right now? I hardly ever cash right now. When i check my bank account or brokerage account, i see a certain dollar value. In many ways, the dollar is already abstract money. When I buy something at the market, i use use a debit card. Cyberdollar money is sent electronically from my bank account to the merchant's account even without me touching it. When i transfer money from one brokerage to an online bank, abstract money is sent electronically even without me touching it.
    Jul 25, 2015. 10:12 PM | Likes Like |Link to Comment
  • And The Award For World's Best Performing Stock Between 1968-2014 Goes To... [View article]
    "who comes second"

    I would say either JNJ, ABT/ABBV or DIS (perhaps 14-16% /year) . Dividends reinvested of course.
    Jul 24, 2015. 05:27 PM | Likes Like |Link to Comment
  • And The Award For World's Best Performing Stock Between 1968-2014 Goes To... [View article]
    Buffett Apprentice,

    The CAGR is much higher than 10.8%/year. Likely closer to 20%.( with reinvestment of dividends) since the early 1900's.
    It is hard to calculate for sure because of its divestitures over the years.
    Jul 24, 2015. 02:16 PM | 3 Likes Like |Link to Comment
  • Should You Be Buying American Express Right Now? [View article]
    Here is a little tidbit about AXP.
    I could not use my Visa card recently. Bank of America told me the card was on its way. Even though I have an American Express card, I was "nervous" because there are many places that do not accept it in the US.
    Now when you are talking about the international scene, its even worse for AXP. The network effect is an incredibly important factor in the credit card industry.
    Jul 24, 2015. 01:46 PM | Likes Like |Link to Comment
  • MasterCard Just Keeps Charging Up [View article]
    V reported earnings yesterday. V reporting early gives us a good look at what to expect from MA. Just like at the stock prices of both superimposed on one another since V went IPO (MA went IPO earlier). V and MA are in essence, carbon copies of each other in terms of performance, stock graph, business model and prospects.
    I could easily see MA at a market cap of 200 billion in 5-6 years.

    I added more MA yesterday.
    Jul 24, 2015. 11:55 AM | Likes Like |Link to Comment
  • The Stock Market And Its Master [View article]
    If the prospects and earning power of the company are still intact and you don't need the money for the next 10-15 years, be happy about a 20% decline and put your dividends to work. . In fact, pray for a 50% or more reduction in price.
    Jul 24, 2015. 11:23 AM | 1 Like Like |Link to Comment
  • How Vulnerable Is Amazon To A New Attack On 'Prime' From [View article] is a very interesting company.
    Here are my thoughts
    1) When you start a company, you need to focus on one or two things and be very good at it. wants to focus on being the lowest price. Amzn focused on books and then expanded.
    2) is apparently backed by some wealthy people, including Alibaba's Ma
    3) I am pretty sure there are many suppliers who would be very happy to see another competitor to Amzn.
    4) As a consumer, its always nice to have more options.
    5) To get a glimpse of the future, consider how Costco survives/thrives despite Walmart. About 90% of Costco's gross profits come from membership fees.
    6) I don't think will succeed. However, any good competitor CEO should NEVER take any threat lightly.

    I do not own AMZN but I do admire Bezos
    Jul 24, 2015. 02:19 AM | Likes Like |Link to Comment