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TEX1961

TEX1961
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BAC, CLX, DVY, KMI, MORL, O, PEP, PG, T, VCLT, VYM, WMT
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  • Dividend Impact Of Kinder Morgan Purchase - IF Dividends Matter To YOU [View article]
    I think I should have said my CPA is only speaking of my personal situation. I don't own many shares of KMP so I wont have a tax requirement. I only own 57 shares and I haven't owned them over a year yet. All those things play into whether or not I would owe some tax. Believe me I will be making sure before filing my return next April. I am glad for the discussion that's how we learn important things.
    Aug 20 05:27 PM | Likes Like |Link to Comment
  • Dividend Impact Of Kinder Morgan Purchase - IF Dividends Matter To YOU [View article]
    Thanks for weighing in on that point. I forgot to mention that part. Inherited IRA's have RMD if the original owners age has or when it would have reached 70.
    Aug 20 05:24 PM | Likes Like |Link to Comment
  • Dividend Impact Of Kinder Morgan Purchase - IF Dividends Matter To YOU [View article]
    Not my understanding. ROTH does not require RMD as far as I know with no penalty. IF I am wrong, someone correct me. I don't pretend to be an expert that is just what I have been told by my CPA. I hope someone weighs in on this as I am very interested in that point myself.
    Aug 20 05:22 PM | Likes Like |Link to Comment
  • Dividend Impact Of Kinder Morgan Purchase - IF Dividends Matter To YOU [View article]
    Because the profits in a ROTH are tax free forever. Also there is no required minimum distribution at 70 like a regular IRA. If you have a long time horizon owning dividend payers in a ROTH is a very good way to build for income after you retire.
    Aug 18 09:07 PM | 3 Likes Like |Link to Comment
  • Constructing A Monthly Income Portfolio [View article]
    I haven't read all the comments but I would recommend any retiree look long and hard at O (the monthly income company). With around a 5% div rate and a record of increases over the last 10 years, it is a very good quality and dependable monthly income producer. I use PSEC, O, LNCO, VNR, GOOD, MORL to produce monthly dividends. Then I am long KMB, T, KMI, XOM, PFE, F, JNJ. I rebalance every 6 months or so, so that I don't get too weighted in the monthly payers and to add to my dividend champions. I also have about 20% of my portfolio in VCLT (long term corporate bonds) and cash. I am producing around 6% return at present and it will rise as the dividend champions increase their divi's. Thanks for the article, very good info.
    Aug 14 01:40 PM | 1 Like Like |Link to Comment
  • How Do You Hold Cash When Realty Income Or AT&T Are Available? [View article]
    I am long T and O and plan on staying the course for 10 years or better. Those that are worried about interest rates with O, rest easy. One thing to realize is, if you are long and reinvesting dividends, you will be buying new shares at a discount if the price falls due to interest rate increases. That is not a bad thing. If you are only going to be in the stock for a year or so, that might not work out for you. Long investors will welcome a little correction in O's price. I know I will, and will add to my holding when it happens. It wasn't mentioned in the article but O has also been raising the dividend annually, not by large percentages but any increase is a good thing. I am sure if you stay long on O for ten years or so your yield on cost will be getting in the 10% yield range. Where else can you make that kind of return?
    Aug 12 09:31 PM | 8 Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    Just doing some quick math, (I am long KMI) it appears that I end up with a higher dividend now and a pretty good bit of cash to invest in something else. It sounds good to me so far.
    Aug 10 11:45 PM | 1 Like Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    Looks like you just changed your luck!!
    Aug 10 11:43 PM | 2 Likes Like |Link to Comment
  • Linn Energy beats by $0.14 [View news story]
    Bring on the divi increase and a good bump in the stock price!! Long LINE and LNCO.
    Aug 7 10:39 PM | 1 Like Like |Link to Comment
  • MORL August Dividend Precisely My Prediction - mREITs Will Benefit From Attitude Shifts [View article]
    Long on MORL and O, ARCP. Don't fret the interest rate hike or no hike, just stay diligent and watch what is happening day to day. In the mean time enjoy the double digit dividends. If I had gotten out two years ago when all this higher interest rate talk started I would have left thousands of dollars in divi's on the table. Sometimes it is better to take the tortoise approach, slow and steady.
    Aug 5 07:48 PM | 7 Likes Like |Link to Comment
  • VCLT: A Good ETF To Have In Your Portfolio [View article]
    Long VCLT and enjoy the monthly dividend. I am wondering how sensitive it will be to rate increases? I am thinking if rates move slowly it wont suffer as much as if there is a fast run up of interest rates. Either way I will stay long on it until the Fed actually starts to increase rates. It is an excellent way to fund other purchases of stocks by using the monthly dividend it produces. Great article!
    Aug 3 01:38 AM | 1 Like Like |Link to Comment
  • Why Income Investors Should Be Watching High Yield Bond ETFs [View article]
    Long VCLT and watching interest rates diligently. I have been hearing the interest rate hike talk for two years now and have decided I wont sell off VCLT until I actually see some movement in that direction.
    Aug 1 02:25 PM | Likes Like |Link to Comment
  • AT&T: Time To Get Going [View article]
    Long T and as long as the dividend yield and payout ratio stay where it is, you would be crazy to sell. I will be buying additional shares.
    Jul 25 04:36 PM | 3 Likes Like |Link to Comment
  • Update: AT&T Earnings - Biggest Growth? CapEx [View article]
    With EPS of $3.40 and a dividend of $1.83 producing a great yield of 5.1%, I am not worried as long as the payout ratio stays in the 55-60% area. I think CAPEX often sees a lagging return for the company and investors. We shall see wont we?
    Jul 25 11:38 AM | 2 Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    I read your article with much interest since we are about the same age range and I have already retired. I would comment that in my humble opinion you are not diversified enough and that the stocks that you have chosen in your ROTH (I own every one of them also) are not historically dividend growth stocks. MO is an excellent one and I own a 5% position in my ROTH. With regards to PSEC it is a great yielder but has not established itself as a dividend grower. AGNC (I do not own) has been historically cutting dividends over the years. Might I suggest that you look at O, PG, KMB, XOM, T, these are all good dividend growth companies and if you purchase on the dips you will be able to get your yield on cost to the 5-6% level after a few years of dividend increases (T is already there). My investing plan has been and continues to be that I will hold around 20 stocks in my ROTH and keep the individual positions around 5% of the total. This has work very well for me and I have averaged in the 13% return range for the last 5 years. I also was a mutual fund investor up until 2008 and decided I could do better, which I have done much better. I am long: MO, T, JNJ, KMB, KMI, XOM, LNCO, PSEC, PEP, PFE, CSCO, WAG, O, ARCP, ARCC, DE, I also hold ETF's in Vanguard VCLT, VTI, VOO, VYM, and cash in VWAHX. Happy investing!
    Jul 25 11:22 AM | Likes Like |Link to Comment
COMMENTS STATS
44 Comments
87 Likes