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cpa28761

cpa28761
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  • Why Yield On Cost Is An Important Metric In My Portfolio [View article]
    >>>0.16%wouldn't cause me not to SWAN!!<<<

    I would imagine that the overwhelming majority of SA participants use on-line brokers with low enough transaction costs not to make them a consideration. With a "full-service" broker, transaction costs could be in the range of 5%.
    Apr 25, 2015. 10:25 AM | Likes Like |Link to Comment
  • Wal-Mart Has Been Buying Its Own Stock On Clearance [View article]
    I shop at Amazon and I shop at Walmart. They are NOT competitors.
    Apr 25, 2015. 12:23 AM | Likes Like |Link to Comment
  • Why Yield On Cost Is An Important Metric In My Portfolio [View article]
    Mike:

    You are evaluating current yields and NOT yield on cost. What you're doing is exactly right. If you need the difference between $367 and $236, it is proper that you make that comparison, consider the tax ramifications (which you have), and consider whether KO can provide a comparable level of inflation protection to that of HD.

    This concept of yield on cost relates to you're yield on your original investment in HD. Unless God re-writes the rules of time, YOC is a totally inactionable number.
    Apr 24, 2015. 10:47 AM | 2 Likes Like |Link to Comment
  • Why Yield On Cost Is An Important Metric In My Portfolio [View article]
    YOC is like riding in a vehicle, facing backwards, and planning your directions.

    If I established my position in a stock with several buys over a period of several years, my YOC may be different on each lot purchased. Should I treat those lots differently on a going forward basis?
    Apr 24, 2015. 09:45 AM | Likes Like |Link to Comment
  • Johnson & Johnson: An Excellent 3% Dividend Choice For Risk-Averse Income Investors [View article]
    >>>Buying stocks at P/E multiples much higher than the earnings growth rate IS risky.<<<

    Generally speaking, to get a stock trading at a growth rate higher than its earnings multiple, you would have to buy stock in a risky company. The only possibilities, in stocks paying a meaningful dividend would be oils and financial services. I own such stocks, but JNJ is still my #1 from a standpoint of quality and total return potential.
    Apr 23, 2015. 10:37 AM | 2 Likes Like |Link to Comment
  • Why I Said Don't Buy Procter & Gamble, And Why I Changed My Mind [View article]
    >>>Are some customers deserting some of the core brands for generics?<<<

    My wife (a cheapskate) tried a Pantene knock-off and tossed it in the trash after one use.

    That's anecdotal, but what evidence have you of defection to private label?

    Long: PG
    Apr 22, 2015. 02:25 PM | Likes Like |Link to Comment
  • Johnson & Johnson: An Excellent 3% Dividend Choice For Risk-Averse Income Investors [View article]
    CCCAX has a 5.75% front-end load and a 7.06% expense ratio. M* (which I trust for fund ratings) gives it a single star out of five. Its holdings are nothing that an investor can't buy on his own without these expenses.

    I am long: EPD, ETP, KMI, PAA
    Apr 21, 2015. 07:33 AM | Likes Like |Link to Comment
  • Johnson & Johnson: An Excellent 3% Dividend Choice For Risk-Averse Income Investors [View article]
    I don't recall any author on SA or anywhere else recommending that any investor invest 100% of his portfolio in any investment or class of investments. I own JNJ as my largest single holding. I own several MLP's.

    A retiree portfolio has two missions. It must provide current income. It must provide protection against inflation. There are innumerable ways of doing this.
    Apr 21, 2015. 07:26 AM | 2 Likes Like |Link to Comment
  • Procter & Gamble: Another Dividend Hike For This Dividend Champ [View article]
    Robert, there are many ways of looking at the same thing. Some might say that dividends decrease the volatility of a stock price. However, stable earnings (I like the S&P Quality ratings) decrease volatility. I think it would be risky to the management of TSLA to pay a dividend. Then again, they don't have earnings either.

    Sheldon
    Apr 20, 2015. 10:52 PM | 1 Like Like |Link to Comment
  • Procter & Gamble: Another Dividend Hike For This Dividend Champ [View article]
    Christine:

    If the federal debt is $18 TRILLION, a one percentage point increase in rates will require $180 Billion to fund it each year. Other than from a printing press, there is no way that the government can fund that. Therefore, I don't think interest rates are going up in a meaningful manner anytime soon.

    However, let me add that I do not embrace the notion of Dividend Growth Investing that is so popular on SA. I believe in earnings growth as the driver and dividend growth as a dependent variable. So, I fund my retirement principally with Growth Stocks that pay Dividends.
    Apr 20, 2015. 09:46 AM | 3 Likes Like |Link to Comment
  • AT&T: I'll Buy 10 Out Of 10 Times At This Price [View article]
    >>>buy gsk for similar dividend but much higher growth potential<<<

    T does not face patent expiration and litigation risk the way GSK does.

    Long: T and pharmaceuticals other than GSK
    Apr 20, 2015. 09:07 AM | 2 Likes Like |Link to Comment
  • Procter & Gamble: Another Dividend Hike For This Dividend Champ [View article]
    Albert, aren't you implying that consumer staples stocks are no more than bond proxies if the market uses dividends as the principal vehicle for determining price? If you'll read the research of S&P and look to the funds that hold JNJ, you'll see that the investment community sees PG, KO, and JNJ as a growth stocks.

    Long: PG, KO, JNJ
    Apr 20, 2015. 08:41 AM | 2 Likes Like |Link to Comment
  • Forever Blowing Bubbles: Coca-Cola's Bid To Stay Afloat [View article]
    I have spoken with several physicians. There are no health benefits from organic food. There is no scientific basis for claims of harm from GMO's. Cardiac patients have been told that vegan diets deprive their heart muscle of needed protein. Nothing, IN MODERATION, is harmful.

    Furthermore, it is all well and fine for some elites to participate in these fads where food is relatively cheap and plentiful, such as in the USA. In much of the world, GMO's that are resistant to drought and insects are providing food where famine once prevailed.
    Apr 18, 2015. 10:52 AM | 1 Like Like |Link to Comment
  • Forever Blowing Bubbles: Coca-Cola's Bid To Stay Afloat [View article]
    >>>You have neither read widely nor deeply on this subject. I point you merely to one book, Excitoxins, The Taste That Kills, by Dr. Russell Blaylock. Nuff said.<<<

    The teachings of Dr. Blalock run contrary to those of the bulk of the scientific community and seem to be influence by political conspiracy theories.

    Additionally "merely to one book" hardly constitutes reading "widely" or "deeply".
    Apr 17, 2015. 10:04 PM | 1 Like Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Allen, there is way to avoid foreign currency risk with any large company. It is only "in-your-face" when the dividend is paid in a currency other than US$. However, the risk is just as real as the headlines today are showing.
    Apr 17, 2015. 08:21 AM | Likes Like |Link to Comment
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