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  • VCSAX: Consumer Staples Don't Get Much Better Than This [View article]
    Low yield. High expense ratio. What's to like? I'll take VIG or the Schwab dividend etf.
    Nov 19, 2015. 10:41 PM | Likes Like |Link to Comment
  • Learning From The Dividend Aristocrats - Insurance [View article]
    I bought Erie Indemnity, AFL and SAFT for my insurance part of my portfolio. I generally don't like insurers (small moat) but they have performed ok so far.

    Oct 21, 2015. 03:03 PM | Likes Like |Link to Comment
  • 8 Stocks Increasing Dividends For A Rainy Day [View article]
    CRBL has no moat. My opinion.
    Jun 5, 2015. 11:01 AM | Likes Like |Link to Comment
  • Buy The Dividend Company That Manages All The Real Estate [View article]
    Slashed dividends during the financial crisis. No thanks.

    Mar 9, 2015. 06:34 PM | 1 Like Like |Link to Comment
  • Taking Advantage Of Foreign Market Weakness To Initiate A Position In Diageo [View article]
    I bought some DEO the other day. The P/E ratio is a little high and the dividend was cut during the financial crisis. But, overall, I agree that this is a wide moat company. As long as the management doesn't consume much of its product, it should be around for years to come.

    Jan 16, 2015. 03:16 PM | 2 Likes Like |Link to Comment
  • Recent Buy: Unilever [View article]
    Much better pick than BBL. I have a much easier time envisioning no bankruptcy and increased dividends in 10 years with UL than BBL. Not that I think BBL will go bankrupt, but the scenarios I can envision are a lot less likely with UL.

    Dec 28, 2014. 03:40 PM | Likes Like |Link to Comment
  • Recent Buy: BHP Billiton PLC [View article]
    I generally steer clear from basic materials companies. They deal in commodities and, unless otherwise proven to me, do not have much of a moat. Coal, timber, potash, iron, gold, apples, sugar, you name it. No thanks. I suppose in the quest for diversity, one might justify a purchase. Or, use the tried and true "economies of scale" argument as a moat in and of itself, which to me isn't much of a moat.

    I wish you luck with this purchase. I generally like your purchases. Not this one.


    p.s. Years ago I bought Bank of America again and again and again as it went down. Lesson learned!
    Dec 18, 2014. 02:17 PM | 2 Likes Like |Link to Comment
  • Erie Indemnity declares $0.681 dividend [View news story]
    Thanks, Erie Board!

    Dec 3, 2014. 06:19 PM | Likes Like |Link to Comment
  • Expected Dividend Increases In December [View article]
    Sysco doesn't have much of a moat at all. It's a food delivery business. Nobody cares about the brand (unlike P&G). It's not difficult to do its work (unlike CVX or JNJ). It is open to new competitors (unlike MO). I knew a Sysco salesman, and he said it was hard to sell commodities like frozen chicken and cans of corn. It's a wholesaler or distribution company of commodities.

    Some people just look at the scale of an enterprise and say, "wow, that company is huge." Huge company doesn't equal a huge moat.

    Dec 2, 2014. 05:45 PM | 1 Like Like |Link to Comment
  • Meridian: A Great Dividend Find [View article]
    I think VIVO is a good buy at this level. I purchased some today (11/14/14). I think the reward justifies the risk. It has been awhile since I have purchased a stock in the health care sector. My earlier were made when the stock was quite a bit higher than it is today. There aren't many stocks out there with 4+ yields now.

    Nov 14, 2014. 04:55 PM | Likes Like |Link to Comment
  • The Unsustainable State Of The Florida Property Insurance Market, Part I [View article]
    j-will - Nowhere in the country is the certainty so great and the price so high as natural destruction in Florida by hurricanes. You can bank on it. And, you can bank on it costing billions. We're not talking a trailer park in Oklahoma getting destroyed by a tornado. We're not talking of ice storms that damage power lines and roofs. We're talking huge swaths of sometimes pricey real estate leveled by hurricanes every few years.

    Why do we keep building where we KNOW the destruction will come? It used to be that people couldn't afford to insure in places like Florida. Those times should come again. Those houses should never be built in the first place.

    Oct 27, 2014. 06:34 PM | 2 Likes Like |Link to Comment
  • The Unsustainable State Of The Florida Property Insurance Market, Part I [View article]
    Why is the rest of America subsidizing Florida's houses? A hurricane is a certainty every few years. Houses get destroyed. FEMA comes in and spends the USA's money, handing it out to everyone. Not to mention the other subsidies to make insurance "affordable". Then, a couple of years, the same thing again. How about we give Florida back to nature and everyone can move somewhere where we don't have to pay to rebuild every few years?

    Insurance shouldn't be affordable in places like Florida. The cost to build and repair is too high. Same with under cliffs with rockslides and in mudflats. Who says anyone has to live there? Make it a park. Yes, I'm serious.

    Oct 27, 2014. 02:23 PM | 5 Likes Like |Link to Comment
  • WisdomTree Emerging Markets Equity Income Fund announces quarterly distribution of $1.2633 [View news story]
    This thing hasn't really grown its dividend in some time. Guess I'll ride it out for diversification purposes.
    Sep 22, 2014. 07:08 PM | Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    Mr. Crosetti -

    I find pockets of value in dividends here and there. But, you are right, the market is overpriced. I just bought a position in SAFT and I nearly bought another insurer. Last year, I bought industrials. The year before, I leaned toward health care. I like insurance companies right now. Yes, I know, narrow moat. But, I am diversified and have some small positions in insurance companies. I haven't made too many purchases this year. I bought PEP, PM and KO in February since I liked the valuations. I added to pre-existing positions of each.

    As far as index funds, I invest through my 401(k) every 2 weeks (payday), as I have for the past 18 years at my job.

    Good luck to you and your investing!

    Aug 14, 2014. 07:05 PM | 1 Like Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    Mr. Crosetti -

    People have been trying to beat index funds in total return since people were trading under that tree on Wall Street back in the day. It can't be done. Not even by today's dividend payers.

    I am a dividend investor because I like the steady and growing income stream, but I am not arrogant enough to think I could beat an index fund in total return over time. And, no, I don't think anyone reading this can, either.

    In answer to your question, do earnings matter? Yes, they always matter. You can't continually fund a growing dividend without growing earnings.

    Aug 14, 2014. 06:19 PM | 7 Likes Like |Link to Comment