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surfgeezer

surfgeezer
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  • Best Practices For Dividend Growth Investors [View article]
    SDS- agree. I spend a lot of time at my companies web site. It is an invaluable tool.
    Jun 7 02:09 AM | 1 Like Like |Link to Comment
  • Best Practices For Dividend Growth Investors [View article]
    BW-Nothing is free, but there are ways. You decide the risk/reward.

    Go for higher yield and use the extra Income.

    Use leverage. I ONLY use leverage with positive yield spread, by definition that gives more Income. How I do Real Estate.

    You could learn how to build another separate source from option Premiums. It does take learning, but many places offer "paper money" to allow you to learn from mistakes and build confidence.

    All three make people uncomfortable at first blush. I use all three now. It allows my relatively small portfolio to have very good numbers, but it involves more time and training.
    Jun 7 01:59 AM | 1 Like Like |Link to Comment
  • Best Practices For Dividend Growth Investors [View article]
    And the slower, but effective just turning off DRIP. I know David likes his divvys in cash anyway, but many including me just leave properly valued and positions we want to grow in DRIP. Turning off the overvalued allows your original money , that was not overvalued, to keep working without buying the overvalued.
    Jun 7 01:32 AM | 3 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    Dividends for most of the time and traditionally were just Income. So she had a long period of extra wages and then incrementally went up the progressive tax scale as they added to her Income.

    Most of that time the top rates began at much higher Income and were faced much farther apart.
    Jun 7 01:04 AM | 2 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    My problem is Total Returns implies an end date.

    Agree with valuations and harvesting unrealized.

    When I change positions, it is more based on the Income I am trading for or rebalancing portfolio diversification, than the Cap gain.
    Jun 7 12:52 AM | 3 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    BN-disagree completely.

    I do believe price follows earnings, and if earnings grow companies should grow Income.

    Many have shown the relationship, but in FACT if (and I agree it is easier to show on spreadsheet, because life does not do this) , like DD say's ,if price had not grown the yields would have escalated quickly. The compounding higher share count from lower shares prices and the escalating Income payments would have made the INCOME portion much higher.

    "Total Return" is code for trade more and sold for it's fee power.

    The danger really is more in the concentration of the portfolio, because things do go wrong.

    I retired with Income not wealth, an important distinction dismissed in Total Return.
    Jun 6 07:43 PM | 3 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    I would DEFINETLY go Roth.
    Jun 6 07:25 PM | 1 Like Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    Me too, it is a fight within me, especially during "sales".
    Jun 6 07:23 PM | Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    3rd
    Jun 6 07:16 PM | 2 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    imho- throw away the "total return".

    You just never know when Capitol Appreciation turns into Capitol Depreciation.

    Concentrate on the Income and C.A. will show up, but more importantly don't retire until Income is where you need it. You need to manage it that way even after you retire anyway.

    Far more dangerous to play the guessing game with C.A. than do the extra due diligence on higher Income. You had it right with "buy at historical high yields", now double check the risk/reward on how low a yield you can live with.
    Jun 6 07:13 PM | Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    Agree. Long MCD in my most risk adverse portfolio.
    Jun 6 07:04 PM | 1 Like Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    You are referring to-"$5,000 investment in 1944 into $22 million "

    I believe the FAR more thing is-" IRS auditor for 23 years, never earning more than $3150/year. her portfolio was throwing off $750,000 in dividend and interest income annually."

    As a point of fact, the Income second statement was HURT by the price appreciation. Mathematically she would have thrown off more income with more shares from cheaper prices if pricing had stayed flat.

    The SECONDARY point is price FOLLOWS, eventually.
    Jun 6 07:02 PM | 2 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    Since I believe "rich" is having enough Income to do what you want, first you have to know the Income level required.

    Mine was rejected. It comes down to understanding the parts of compounding. If time is shorter, yield must be higher and frequency of payment matters.

    It NEVER means just buy highest yield. It does require understanding your companies and knowing when the market misprices the Income. The amount of diversification matters as does your ability to recognize mispriced Income.
    Jun 6 06:53 PM | 1 Like Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    I-He did buy cash cows. Because he pooled money he was able to get seats on the board and take control. THEN he directed the cash flow in to other cash cows.

    The important thing being he bought INCOME, not Capitol appreciation.

    CO- While I agree with diversifying and looking for risk adjusted returns, Capitol appreciation should be the secondary bet. The PRIMARY is still Income imho.

    You have essentially switched to much more dangerous game than what the article is about.

    If it works for you, go for it. But recognize the switch.

    Most advisors and TV shows try very hard to get Cap Appreciation on top of Income as primary reason for buying and selling precisely because price is SO much more volatile than Income.

    I harness unrealized gains also, but the buys are ALWAYS still on the Income model and diversification.

    The game is won by compounding.
    Jun 6 06:40 PM | 5 Likes Like |Link to Comment
  • The Most Successful Dividend Investors Of All Time [View article]
    In your camp.

    Low yield does not mean safety.

    Safety comes from knowing your companies ability to pay.

    Results come from ignoring price fluctuations, that is just other people's opinion.

    The better informed, the better equipped to ignore other people's opinion.

    Just because their are lot's of them, does not make them better informed.
    Jun 6 06:25 PM | 1 Like Like |Link to Comment
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