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  • Chevron Slid Below My Target Much Faster Than Predicted [View article]
    I don't like being married to a number except the size of a holding relative to the total portfolio. That is our way of controlling risk. I'll never be fortunate enough to purchase an equity close to it's 52 week low. I will never be smart enough to sell it close it's 52 week high.
    But I also don't buy companies that I am apt to lose faith in. I don't trade. I invest. I buy companies with solid histories and bright futures. I try to buy them when they are on sale.
    I bought CVX as a long term investment. When it went on sale we bought more. When the sale price dropped further we bought more. Now our holding in CVX is about 5% of the portfolio. That means we will cease buying it at any price. And we won't sell it at a loss. I don't sell good investments at a loss.
    We'll enjoy the dividends, watch energy recover over the next several years, and gently sell CVX at a profit when it significantly exceeds 5% of the portfolio.
    The only reason not to buy CVX at these prices would be that you are a "trader" - an impatient one perhaps, or you don't think it is a well run company. JMO, but CVX below $80 is a gift.
    Sep 27, 2015. 06:44 AM | 24 Likes Like |Link to Comment
  • Buy Chevron For 5.6% Dividend Yield While Waiting For Oil Price Recovery [View article]
    "Crush these dividend investors"? Really? "Send them back to work"? Really? What a strange and unfortunate comment. Have you taken a formal survey of who invests in dividend stocks? Are you like 11 years old?
    Sep 25, 2015. 05:53 PM | 50 Likes Like |Link to Comment
  • Futures waver ahead of FOMC announcement [View news story]
    Regular person to the Fed:
    Get it over with. Start raising rates to normal levels. We'll all survive. Please end this welfare for mega banks. ME money at 0% interest and I'll loan it out to folks at 15 to 20%. I want in on this scam, too.
    Sep 17, 2015. 07:21 AM | 4 Likes Like |Link to Comment
  • Chevron Through The Lens Of Peter Lynch [View article]
    Do we over think? If it was in your portfolio for the long haul for obvious reasons, why not grab more at a huge discount. If you don't believe in it and you are reacting to the macros, dump it all and put something under the mattress. But don't keep it as an alert here or at MW or Mstar. It will just torture you as it returns to historic levels. JMO.
    Aug 31, 2015. 01:54 PM | 14 Likes Like |Link to Comment
  • The Sky Was Falling Into The Hands Of Astute Dividend Growth Investors: Did You Catch Any? [View article]
    Great article. I'll start following you.
    BTW: both swam and swum are fine and legit. Your choice :)
    Aug 30, 2015. 08:23 AM | Likes Like |Link to Comment
  • It's Time To Buy... Not Time To Sell [View article]
    It's all about time frames. When do you need/want the money?

    If you are a long term investor and still believe that stocks are where to be for growth and income, this correction is a gift.
    If you have lost faith in the "system" and see conspiracies around every corner, you might be better served buying some CDs and reading about other stuff.

    If you think timing the market is the answer, write a book about it. You'll probably make more money on the book.
    If you bailed before this correction, good for you. Will you get back in just in time?

    Have a plan, stick to it.
    Buy years in advance of needing the money. Watch it grow.
    Sell years in advance of needing the money. Secure it.
    Aug 22, 2015. 10:06 AM | 2 Likes Like |Link to Comment
  • Microsoft In 2018 [View article]
    I will put a "note to self" linking to this article on my "Google Calendar" for August 2018. I suspect you will be 76% right.
    written from my Chromebook - but am long MSFT
    Plenty of business for all....
    Aug 21, 2015. 01:59 PM | 1 Like Like |Link to Comment
  • Chevron: A Juggernaut Of Wealth Preservation And Cash Distribution [View article]
    I get why there is angst about oil stocks. But the author has the intelligent and carefully considered long view. Kudos.

    However, here are some questions for your consideration: First, why was oil priced at over $100 so recently? Second, what will it take for it to resume that trajectory? Third, is it possible that a confluence of events and attitudes could make that impossible - forever? Insignificant international growth (bubbles collapsing, blah, blah) meeting with a recently expanded supply?

    Or maybe, just maybe, the truth about tar sands and fracking will shut down the recent explosion in inventory...making the stuff relatively scarce? Could the concern for our planet actually drive the price up?

    Regardless, I love the authors approach, research and a very cool, calculating - almost scientific evaluation. I am long CVX. Nibbling at the bargains.
    Aug 14, 2015. 08:55 PM | 3 Likes Like |Link to Comment
  • Detroit gets a blast of Trump talk [View news story]
    Well now. Haven't you forgotten a critical detail? American made cars were crap when the European and Japanese vehicles began their invasion. That wasn't caused by any union. It was caused by arrogant Oligarchs.
    Aug 14, 2015. 01:02 PM | 13 Likes Like |Link to Comment
  • Chevron takes punch from low oil, big spending on mega-projects [View news story]
    How much is a gallon of drinking water (in a store)? How much will it be in a year?
    Aug 11, 2015. 12:12 PM | 1 Like Like |Link to Comment
  • The Thing About Windows 10 [View article]
    Embraced 10 because it was free, I want future support, I had some time to watch over the process. But it didn't need my watching. When I did watch, it gave me a series of reassuring (almost condescending, but meant to be nice) messages. The big desktop and the laptop both handled it well. I had 7. Never wanted 8. Now I have something that I can customize. Tested the Edge browser. It's fast. But my life is synced to Chrome. Switching the browser, etc. is a snap. I like the auto update feature. I also liked that when the process was complete, all my stuff was right where I left it.
    All good, so far.
    Aug 11, 2015. 10:27 AM | 7 Likes Like |Link to Comment
  • Windows 10 Shaping Up To Be A Disaster For Microsoft Shareholders? [View article]
    A Mac burps. Ooops. If this is the biggest hiccup, kudos.

    I just downloaded 10 to my powerful big old desktop and my laptop. Seamless, friendly. Edge is really fast. But I am a Chrome Head. It's easy to switch. And here's the best part; you can make it feel like Windows 7! I am looking forward to exploring it's features in my spare time. So far so good with 10. I am long MSFT.
    Aug 10, 2015. 10:57 AM | 17 Likes Like |Link to Comment
  • Finding Value In The Oversold Energy Sector [View article]
    Buy low, sell high. And get paid along the way.
    They are running a sale on high quality, well run energy companies. Will they get cheaper? Maybe. Then, buy some more. He who hesitates misses the energy rally and the quarterly paychecks. That's all I got to say for today.
    Aug 5, 2015. 12:30 PM | 9 Likes Like |Link to Comment
  • Honda: North America Remains A Key Market [View article]
    The author has it right. Interviews with the new CEO are reinforcing as well. He says he won't let Honda's legacy of reliability suffer while refreshing the line up. The new Civic promises to eclipse the competition. There is a huge customer following for this vehicle. And that "following" is multi-generational. Add in the amazing response to the HR-V and the positive momentum is clear. Long HMC.
    Aug 4, 2015. 07:50 AM | Likes Like |Link to Comment
  • Windows 10 Traffic Data: Most ISPs Doing Well, Especially In The U.S. [View article]
    Ridiculous. Would you take a cross country trip on a Harley or a dirt bike?
    Jul 31, 2015. 09:39 AM | 2 Likes Like |Link to Comment