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  • Pitney Bowes: Is the 6% Yield Worth the Risk? [View article]
    Yes, and Kodak has a virtual monopoly on photographic film. They are number one with no real number two. However, many, if not most, camera manufacturers stopped making film cameras.

    A century ago, we could have been talking about steam engines as well. What about phonograph records or magnetic tape?
    Mar 12 11:00 PM | 2 Likes Like |Link to Comment
  • Dividend Champions: Focus on Consumer Discretionary [View article]

    There is no such thing as a free lunch. Diversification may be a cost or it may be viewed as a value. Companies incorporated outside the USA may have policies that differ from nice, dependable quarterly payments. However, diversification is worth something, all other things being the same. That's why my health care basket includes NVS. My oil basket includes RDSB, a "foreign" company with dividend policies that coincide with those of an American company.
    Mar 12 10:54 PM | 2 Likes Like |Link to Comment
  • Pitney Bowes: Is the 6% Yield Worth the Risk? [View article]
    PBI's product is mired in the last century. No amount of spreadsheet analysis changes that. Their payout is near 100% and is, accordingly, unsustainable.
    Mar 11 07:20 PM | 2 Likes Like |Link to Comment
  • 10 Stocks Hedge Funds Are Buying Like Crazy [View article]
    Martin, perhaps TEVA stock has not appreciated because investors know that there is no money to be made in selling commodity products to dominant retailers. The PBM's (Medco and Express Scripts) and the retailers (Walgreens, CVS, Wal-Mart, Target, and Costco) buy products from the cheapest supplier and terms most favorable to themselves. TEVA's status as best-of-breed just makes them the best house in a terrible neighborhood.
    Mar 9 09:22 PM | Likes Like |Link to Comment
  • You're Retiring: Where Is Your Income Going to Come From? [View article]
    "Going to Vegas in a couple of weeks. Any recommendations?"

    I thought that I was too late to make a contribution to this excellent discussion. In Vegas, we always stay at the Mirage. It's a great value at a reasonable price between luxury and mediocrity.
    Mar 9 09:32 AM | 3 Likes Like |Link to Comment
  • You're Retiring: Where Is Your Income Going to Come From? [View article]
    Robert, had I developed an algorithm that could do what Vector Vest claims it can do, there is no way I would be selling it to the general public. Furthermore, if there were a foolproof predictive system, once it would be put in the hands of the general public, its proprietary advantage would become so diluted as to make it worthless.
    Mar 9 09:24 AM | 8 Likes Like |Link to Comment
  • You're Retiring: Where Is Your Income Going to Come From? [View article]
    How would you get the earnings into and out of the corporation without double taxation?
    Mar 9 07:48 AM | 4 Likes Like |Link to Comment
  • You're Retiring: Where Is Your Income Going to Come From? [View article]
    Are you suggesting that investors incorporate themselves and have their income paid into the C corporations they form?
    Mar 8 04:38 PM | 2 Likes Like |Link to Comment
  • 10 Growing Energy Stocks With Great Dividends [View article]
    "Saudi Arabia is not democratic country and maybe thanks to uprising,the country will become democratic and desirable country when comparing the previous situation of Saudi Arabia."

    Your argument is that of every revolutionary. Overthrow the government and whatever comes in its place will be better, more freedom, democracy. Right?

    When we look to the history of the last century we see the overthrows of the Shah of Iran and the Czar of Russia. Both were despots. But can we say that what replaced them was freedom and democracy? The regimes that replaced them were more tyrannical and oppressive than what they replaced.
    Mar 8 04:23 PM | 2 Likes Like |Link to Comment
  • Procter & Gamble: In-Depth Analysis for the December 2010 Quarter [View article]
    I sure hope this was not the only thing you worked on for five weeks.

    I have gone grocery shopping only once in the UK. I could hardly believe that cashiers sit while "ringing" and offer no assistance to the consumer in bagging. If people will endure that, they may well endure products of dubious quality.

    According to Nielsen Company figures published by Merrill Lynch, PG sales of toilet tissue and paper towels increased by 4% and 1%, respectively, over the last 52 weeks. The percentage sold promotionally increased for paper towels, but decreased for toilet tissue.

    For the latest four weeks, sales figures increased for toilet tissue and paper towels by 5% and 1%, respectively. However, promotional sales, as by US$ volume, decreased by 3.6% and 5.5%, for toilet tissue and paper towels, respectively.

    Additionally, that growth will be in emerging markets can be said of most industries. For that reason, we must look at global scope in any investment from tissues to aircraft manufacturing.
    Mar 7 11:15 PM | Likes Like |Link to Comment
  • Two Utilities with 6% Yield and Street Support [View article]

    This was a valiant effort to uncover hidden gems yielding 6% or better. However, when I run the numbers for NKA (the better of the two) side-by-side with those of T, I am happy to trade .6% lower yield for better growth prospects and a stronger balance sheet.

    Long: T
    Mar 6 03:22 PM | 2 Likes Like |Link to Comment
  • Best in Breed Dividend Stocks: Core Holdings for the Long-Term Investor (Part 3) [View article]
    There are enough companies based in the USA and western Europe that do business in the developing world and the BRIC's that an investor need not take on the political risk of owning a company based in those areas.
    Mar 3 07:57 AM | 1 Like Like |Link to Comment
  • 5 Stocks Meeting My Entry Criteria for Dividend Investments [View article]
    tx, on one hand you state:

    "higher commodity costs" as a negative, while on the other hand you state:

    "a structural shift away from cheap dining as the economy improves"

    If the economy improves, wouldn't it be easier to pass along cost increases?

    Also, MCD has done a pretty good job of out-innovating and out-promoting its competitors. If you don't believe me, just ask Burger King.

    If you like utilities, I just increased my position in NEE. There is yield and growth potential. I like PG enough for it to be my single largest holding.
    Mar 2 02:56 PM | 5 Likes Like |Link to Comment
  • 5 Stocks Meeting My Entry Criteria for Dividend Investments [View article]
    "It is important to remember that dividend investing should not be seen as a mechanical process. Investors should further analyze in detail the companies which their list generates and evaluate their competitive advantages, understand their business model and decide for themselves whether future dividend growth could be maintained."

    Very well said.

    Long: PG, CVX, KO, MCD, PEP
    Mar 2 09:23 AM | 9 Likes Like |Link to Comment
  • 4 Dividend Aristocrats for Growth and Income [View article]
    Thanks for your observations. I'm not too familiar with Dillard's having moved to Florida from the northeast less than a year ago. I am surprised that they are as big as one fourth the size of Macy's. Macy's says the following about themselves:

    "Macy’s is recognized as a retail industry leader in developing private brand merchandise that differentiates the assortments in our stores and delivers exceptional value to the customer."

    There was a time when fashion industry people were in awe of Liz Claiborne. If Macy's could replace them with private label, Macy's has the capacity to replace any manufacturer. Losing Macy's was a double-loss for LIZ. Not only did they lose distribution at the number one department store (there really isn't a number two), becoming a JCP brand destroyed the credibility of their own retail outlets. Four years ago, their stock was in the mid 40's. It's now 5.

    If you think brands are a requirement, I'll offer this observation. When I ask my daughter and my nieces (women in their late 30's) to state a "brand" of intimate apparel, the response is "Victoria's Secret". The store has become the brand. Brands are not a requirement. These are simply my observations from nearly thirty years in the fashion business a everything from a cost accounting manager to a CFO.
    Feb 27 09:19 AM | 2 Likes Like |Link to Comment