I'm a private investor looking for investment ideas for my personal retirement that will hopefully arrive in 2030. After hiring advisers and just barely breaking even for many years, I started taking control of my own investing in 2005. I started out learning from the Motley Fool Stock Advisor and Hidden Gems services. I learned a lot about basic investing, but found the recommendations very hit or miss. I fared pretty well during the great recession of 2008/2009 and had the fortitude to be a buyer instead of a seller. My portfolio recovered well, but as my portfolio grew I began to dread the earnings announcements of my high growth companies and their volatility. I started seeking an alternative way to invest and found Seeking Alpha and David Van Knapp, whose articles just made sense to me. Since 2010 have been focused on building a widely diversified dividend growth portfolio. I am President and sole owner of a small corporation that performs Process Control/SCADA IT related consulting for the Oil and Gas industry. I also own a small number of rental properties.
My investment strategy is built around the creation of an income stream that will provide me with long term flexibility. I believe there are many ways to accomplish this goal from buying stocks that have an income component at value, to cash flow generating real estate investments to bond and bond equivalents. Each investor must know where they're trying to get to, then create a formula that works best for them. I choose to focus on income because it allows me to sleep more comfortably.
Investing for 20 years, emphasizing stock picking for the last ten. Long-only, driven by valuation relative to risk and growth prospects. My contrarian approach works well during periods of volatility, typically trailing market returns during bull runs.
My hobby is investing in stocks and options. I manage DivGro, a portfolio of dividend growth stocks created in January 2013. The primary goal of DivGro is to generate a reliable and growing dividend income stream. I use options to boost dividend income, primarily covered calls but also uncovered puts. My blog hosts a live and public spreadsheet with full details of DivGro so that readers can follow my investment journey. I write articles about dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. I generate active income as an effects artist at a well-known animation studio in the Bay Area.
At Valuentum, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Valuentum therefore analyzes each stock across a wide spectrum of philosophies, from deep value through momentum investing. We think companies that are attractive from a number of investment perspectives--whether it be growth, value, momentum, etc.--have the greatest probability of capital appreciation and relative outperformance. The more investors that are interested in the stock for reasons based on their respective investment mandates, the more likely it will move higher.
Brian Nelson is the President of Equity Research at Valuentum Securities, an investment research firm serving individual and institutional investors, as well as financial advisors. Before founding Valuentum, Mr. Nelson worked as a director at Morningstar, where he was responsible for training and methodology development within the firm's equity and credit research department. Prior to that position, he served as a senior industrials securities analyst, covering aerospace, airlines, construction and environmental services companies. Before joining Morningstar in February 2006, Mr. Nelson worked for a small capitalization fund covering a variety of sectors for an aggressive growth investment management firm in Chicago. He holds a Bachelor's degree in finance and a minor in mathematics, magna cum laude, from Benedictine University. Mr. Nelson has an MBA from the University of Chicago Booth School of Business and also holds the Chartered Financial Analyst (CFA) designation.
Get to Know Brian:
Brian led the charge in developing Morningstar's issuer credit ratings, developing and rolling-out one of the firm's proprietary credit metrics, the Cash Flow Cushion. http://select.morningstar.com/welcome/credit/pdfs/Morningstar_CashFlowCushion.pdf
Brian is frequently quoted in the media and has been a frequent guest on Nightly Business Report, Bloomberg TV, and the Money Show.
Mr. Nelson is very experienced in valuing equities, developing Morningstar's discounted cash-flow model used to derive the fair value estimates for the company's entire equity coverage universe.
Brian worked on a small cap fund and a micro cap fund that were ranked within the top 10th percentile and top 1st percentile within the Small Cap Lipper Growth Universe, respectively, in 2005.
Mr. Nelson is also a contributor to Seeking Alpha and an opinion leader in the Industrial Goods space.
You can reach Brian at email@example.com.
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My husband plans to retire in 4 years (at age 67) and I plan to retire in 7 years (at age 62). We began focusing on dividend growth investing in 2013 but have been invested in mutual funds for decades. Our current DGI retirement portfolio is comprised of the following 66 DGI stocks: ABBV, ABT, AMGN, AVA, BBL, BMY, CAH, CBRL, CCP, CLX, CMCSA, COP, CVX, D, DEO, DLR, DUK, ED, EMR, EPD, FLO, GE, GILD, GIS, HCP, IBM, JNJ, KHC, KMB, KMI, KO, LMT, LNT, MCD, MMM, MMP, MO, MRK, MSFT, NEE, NOK, O, OHI, OMI, PDCO, PEP, PFE, PG, PM, SCG, SEP, SO, SYY, T, TUP, UL, UPS, UTX, VTR, VZ, WEC, WMT, WPC, XEL, XOM, and ZBH.
In addition, I manage our millennial daughter's dividend growth retirement portfolio of the following 33 stocks: AAPL, ABBV, ABT, AMGN, BMY, CAH, CCP, D, DIS, DLR, EMR, FLO, GILD, HCP, JNJ, KO, MCD, MMM, MMP, MSFT, OMI, PFE, PG, PM, SCG, SO, T, UNP, V, VTR, VZ, WEC, and XOM.
I spent almost 30 years in the defense industry with Masters in both Engineering and Business. I was able to stop working for someone else at age 53 in 2008 and now earn my income through investing.
I joined Seeking Alpha as a Senior Editor in June 2012. Currently, I manage the Dividends, Income & Retirement and Expert Insight platforms. D&I focuses on income investment strategies and dividend investment-focused content for investors from the accumulation stage to retirement. The purpose of Expert Insight is to expand and elevate the quality of Seeking Alpha's content by including articles from an industry insider's point of view, designed to help investors make more informed decisions as they consider specific sectors and trends within those sectors for their investing strategies, e.g., utilities or technology. Expert Insight articles offer more of a macro, 30,000-foot-view that goes beyond investment analysis or stock recommendations.
I also curate the Dividends & Income Digest, a bi-weekly publication that takes a look at a question that is compelling and relevant to the community, showcases the responses of DI thought leaders, and serves as a round-up of top DI articles.
I hope to continue to discover new voices and thought leaders through insightful articles and conversations in the comments threads. My goal is to draw a large, diverse audience to Seeking Alpha, and make our community THE go-to place to participate in investing research and exchange lucrative, unique, exciting investing knowledge and ideas. I'm always looking for new ideas and contributors, so please feel free to reach out to me. I'm eager to hear your thoughts and discover how we can work together to make Seeking Alpha the best site for investors on the web.
A young individual investor from Europe with a focus on building a dividend growth-oriented portfolio to achieve financial independence within the next two decades. I write primarily about US and European dividend stocks.
Retired Pharmacist. Call me Rose. Nose= Knows enough to know I need to keep learning and keeping a great dividend paying nest egg growing upwards. I also enjoy total return, but it is not my primary goal, it just happens to follow when buying great quality companies.
My 88 stock portfolio is listed here by sector, largest holding by value is listed first. Updated 10/20/2016.
Consumer Defensive (15): KO, PM, GIS, MO, TGT, KMB, CVS, DEO, PG, PEP, MDLZ, CL, KHC, UL. RAI -
Consumer Cyclical (8): MCD, SBUX, GPC, NKE, HAS, MAT, VFC, HD -
Healthcare (7): JNJ, ABBV, AMGN, CAH, BDX , GILD, PFE-
Energy (4): XOM, CVX, OXY, VLO, -
Tech (2): ADP, CSCO -
Industrial(8): BA, UNP, MMM, CMI, GWW, LMT. -
Financial (8): NRZ, ARI,, LADR, BXMT (mREITs) TROW, MA, V, WFC,
MET , CTO -
BDCs (7): ARCC, MAIN, PNNT, HTGC, NEWT (small), PSEC, GAIN -
REAL ESTATE or
Healthcare eREITs (5) : OHI, VTR, HCN, NHI, CCP, -
Equity Reits (12): WPC, DLR, O, CLDT, STAG, LXP, UBA, SNR (small), APLE, SPG, NSA -STWD (hybrid)
Telecom (2): VZ and T -
Utility (10): SO, D, XEL, MGEE, WEC, DNP, LNT, CNP, EXC, FE -
DNP is a CEF which predominately holds Utilities.
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I am the author of Guiding Mast Investments monthly newsletter, focused on timely dividend paying stocks. In addition, my services include a review of individual portfolios along with education of portfolio management techniques.
I have been a Registered Investment Advisor, financial author, and entrepreneur. I bring a variety of expertise to my clients, from personal investment planning and management to stock market analysis skills. I am the creator of the investment newsletter Power Investing with DRIPs focused on timely selections of dividend paying stocks. I have also published two books through McGraw Hill, All About DRIPs and DSPs, and The StreetSmart Guide to Overlooked Stocks.
My work experience covers a variety of fields.Prior to being a RIA, I spent 15 years as a corporate manager at Georgia-Pacific Corp before venturing out on my own, operating several businesses from manufacturing to export marketing management. President Ronald Reagan appointed me to the National Advisory Council overseeing the Small Business Administration from 1988 to 1991.
Now comes the obligatory disclaimers: The opinions and any recommendations expressed in this commentary are those of the author . None of the information or opinions expressed in this article constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this commentary constitutes investment advice and any recommendations that may be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. The information contained in this report does not purport to be a complete description of the securities market, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Expressions of opinion are as of this date and subject to change without notice. Either Mr. Fisher or his employer, if any, may hold or control long or short positions in the securities or instruments mentioned.
I'm a 65-year-old investor focused on dividends in a Retirement Income Portfolio. I'm not yet in the distribution phase of retirement.
I've been a member of the National Association of Investment Clubs (NAIC) since 1982, which now operates as BetterInvesting.org. For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.
NAIC's historic "four principles" have been very helpful to me:
1) invest regularly throughout your lifetime;
2) invest in growth companies;
3) reinvest earnings and profits;
4) diversify by industry and size.
Bill Bengen's "4% Rule" concept inspired me to set a goal to create a retirement income portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets.
Helpful mentors and colleagues include:
- Charles Allmon, former columnist for Better Investing, taught me to look for growth stocks
- Ben Graham's The Intelligent Investor taught me the importance of intrinsic value
- Peter Lynch instilled confidence that the average citizen can win in the stock market
- Louis Rukeyser demonstrated how to ask probing questions about market conditions
- Brad Thomas introduced me to a host of real estate investment trusts
- Bob Wells' analytical discipline keeps me focused on dividend growth
- Lowell Miller's The Single Best Investment helped me focus on quality and safety
- David Van Knapp's holistic style of portfolio building helps me see the big picture
- David Fish and Factoids inspire me to keep digging for data
- Chowder reminds me that each buy is the purchase of a business
- BDC Buzz has helped me sift through business development companies
- Tom Konrad opened my mind to alternative energy investments
- George Fisher is a helpful "lookout" scanning the horizon for utility opportunities
- The Seeking Alpha community--both veterans and young contributors.
I am formally a data analyst for a non-financial services organization. I have an undergraduate degree in business and a masters degree in predictive analytics. My background as an investor has been in setting and forgetting my 401k. In my recent job change I was enlightened to not having a plan for retirement. In my waking up, I have decided to start posting on Seeking Alpha to help encourage others to have a similar awakening as well as receive feedback from all the great contributors to the site.
Also, Doctor Dividend and I have started a podcast. You can check out our episodes here:ITunes: https://itunes.apple.com/us/podcast/dividend-health-checkup/id1086182519?mt=2Sound Cloud: https://soundcloud.com/dividend-health-check-up
I started a dividend growth investment strategy a few years ago and am aggressively growing my portfolio to churn out enough dividends to reach financial independence.
First, the good stuff. Here's my portfolio ...
Consumer Discretionary: MCD, NKE, SBUX, TGT
Consumer Staples: COST, GIS, KHC, KO, MO, PEP, PG, PM, RAI, WBA
Energy: CVX, KMI, XOM
Health: ABBV, AMGN, GILD, JNJ, MCK
Industrial: BA, DE, EMR, LMT, MMM
REITs: HCN, NNN, O, OHI, VTR
Technology: AAPL, MSFT, QCOM
Telecom: BCE, T, TU, VZ
Utilities: AVA, D, SCG, SO, WEC
ALSO: small stakes in 23 additional companies held in the Dividend Growth 50 portfolio (http://seekingalpha.com/article/2764265-its-new-its-nifty-its-the-dividend-growth-50): ADP, AFL, BAX, BDX, CAT, CL, CLX, COP, GE, GPC, HCP, HSY, IBM, KMB, MKC, NEE, SHPG, SJM, UTX, V, WFC, WMT.
Now, a little about me:
I am a 50-something former sportswriter who was sent on a permanent vacation during the Great Recession. That sucked, but my story is not a sad one. Unlike many folks who lost their jobs, I am not in financial distress, I am not depressed and I am not bored.
My wife is a pediatric nurse with a bullet-proof job and decent benefits. So after supporting her and our two kids (now grown) for most of three decades, the least she can do is support my semi-retired keister!
Because of Roberta's job situation, because we have zero debt (not even mortgage debt), because we no longer have any dependents and because we have been pretty diligent savers over the years, we are comfortable (though nowhere near rich).
Although we hold some funds, bonds and cash, my investing philosophy leans heavily toward Dividend Growth Investing. By early next decade, we want to live entirely off of our income stream, Social Security and pension payments - and therefore will not have to spend down the principal one iota. To accomplish this, we invest mostly in blue-chip companies with long track records of growing dividends. As of mid-2016, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha and other Web sites, I coach middle-school girls basketball at Metrolina Regional Scholars Academy, the top charter school in the Charlotte metro area; in March 2016, we won the first conference championship in school history! I also umpire youth baseball and referee youth basketball.
My wife and I dote on our 5-year-old pup, Simmie, and keep up on the doings of our now-grown kids, Katie and Ben. And we love to cheer on the basketball team of our alma mater, Marquette University, where we both majored in Journalism. Go Warriors! Also big fans of the Carolina Panthers.
I still occasionally post to the blog I initiated in 2007 -- lots of sports stuff, some politics, some personal junk -- at www.TheBaldestTruth.com.
I am a Civil Engineer, who is married with three kids under the age of 5. In early 2013 I took a more active role in managing my IRA for retirement and decided to publicly share my experiences in building the portfolio. My hope is to provide a positive example for other young do-it-yourself investors as they save for retirement on a limited budget.
My interest in investing mostly began in 2005 when I started up an investment club with a few friends from college and has accelerated as I've been reading and learning along the way. Since then, investing and the stock market has become a passion and favorite hobby and I've enjoyed writing about stocks and sharing ideas I have here on Seeking Alpha.
My investing goals are to build a nest egg for retirement and fund college education accounts for my kids. I invest mainly in dividend paying stocks that have shown a history of consistent growth in earnings and dividend payouts.
I am an individual investor in my early 50's and focus on investing in dividend-paying and dividend-growing stocks with a long-term horizon. My goal is to generate at least 50% of my retirement income from dividends and rest from other investments like real-estate (rental) etc. I have been investing for the last 20 years and consider myself a reasonably experienced investor. I plan to share my experiences by way of writing one or two articles a month.
I hold a BS in Chemical Engineering and have 31+ years of experience in high tech manufacturing of communications equipment as a process engineer, an engineering manager, and a factory manager. I have traveled extensively in Asia working with various parts of the supply chain. I believe in going long with the best companies, dividend growth, and carefully planned diversification. I do not believe in panic selling or over enthusiastic buying, but I will allow a small percentage of my portfolio to take a risk from time to time. I also believe that a judicious use of options can fit in with a conservative strategy.
Taught as a kid to read the stock quotes in the newspaper (remember having to wait until the next day to get the quotes?) by my dad. Now, a dividend growth investor that uses a garden analogy for my dividend portfolio. Love reinvesting dividends and premiums from covered calls on my positions.
Retired at age 60, currently age 62. Living off pensions and social security. I do not intend to draw on dividends before 2017. Portfolio positions as of 8 October 2016. Portfolio yield 3.64%.
The stock performance for each stock was extracted from FastGraphs on the day that I filed by Proxy Vote or when the stock was added to my portfolio which ever was sooner. Depending when the person bought the stock their stock, the Personal Rate of Return (PRR) would be different. For example a stock with low 2 year price return could actually have a much higher PRR.
Symbol : Yield % : 5 yr price perf : 2 yr price perf : Rating : % Portfolio
AAPL : 2.1300 : 18.50% : 24.6% : AA+ : 0.80%
ABBV : 3.5300 : 22.90% : 12.48% : A : 1.14%
ABC : 1.5800 : 23.59% : 22.82% : A- : 0.15%
ABT : 2.4000 : 10.45% : 8.85% : A+ : 0.59%
ACN : 1.9200 : 15.87% : 13.57% : A+ : 0.17%
ADP : 2.3700 : 12.81% : 3.52% : AA : 0.19%
AEP : 3.4400 : 15.80% : 15.45% : BBB : 0.45%
AFL : 2.2300 : 7.24% : 6.04% : A- : 0.28%
AGN : 0.0000 : 32.09% : 5.34% : BBB- : 0.14%
AHGP : 8.7500 : -6.63% : -35.24% : NA : 0.40%
AMGN : 2.3300 : 26.22% : 16.65% : A : 0.21%
AMP : 3.0300 : 12.80% : -2.60% : A : 0.17%
AMZN : 0.0000 : 27.68% : 34.58% : AA- : 0.57%
ANTM : 2.0900 : 17.22% : 22.84% : A : 0.17%
AOS : 0.9900 : 29.64% : 31.79% : NR : 0.21%
APD : 2.2100 : 11.10% : 9.40% : A : 0.18%
APU : 8.1500 : 0.36% : -2.08% : NR : 0.43%
ARCC : 9.4400 : 4.98% : 2.63% : BBB : 0.26%
ARLP : 8.4100 : -6.88% : -34.26% : NA : 0.39%
AVA : 3.3200 : 14.45% : 16.98% : BBB : 0.56%
AVGO : 1.1300 : 36.46% : 57.16% : NR : 0.33%
AVY : 2.1200 : 23.60% : 29.20% : BBB : 0.17%
AWK : 1.9900 : 21.43% : 25.01% : A : 0.16%
AZO : 0.0000 : 24.83% : 55.01% : BBB : 0.23%
BA : 3.2800 : 14.06% : 3.28% : A : 0.31%
BABA : 0.0000 : xxxxxx : -3.10% : A+ : 0.09%
BAC : 1.8900 : -1.07% : -11.90% : BBB+ : 0.18%
BAX : 1.1000 : xxxxxx : 38.60% : A- : 0.18%
BBL : 5.6100 : -20.47% : -40.82% : A+ : 0.20%
BCE : 4.3800 : 9.20% : 7.70% : BBB+ : 0.27%
BCR : 0.4700 : 15.87% : 17.69% : A : 0.18%
BDX : 1.4900 : 13.13% : 17.17% : BBB+ : 0.25%
BERY : 0.0000 : 34.60% : 33.30% : BB- : 0.18%
BFB : 1.3300 : 15.90% : 4.40% : NR : 0.24%
BGS : 3.5300 : 18.60% : 23.90% : BB- : 0.17%
BIG : 1.6400 : 10.10% : 8.20% : BBB : 0.16%
BIIB : 0.0000 : 30.16% : -4.16% : A- : 0.14%
BIP : 4.8800 : 14.72% : 1.96% : BBB+ : 1.16%
BLK : 2.4500 : 20.0% : 8.6% : AA- : 0.18%
BMO : 3.9500 : 2.55% : -3.58% : A+ : 0.21%
BMY : 2.5900 : 23.80% : 18.51% : A+ : 0.51%
BNS : 4.1800 : -2.04% : -12.10% : A+ : 0.19%
BP : 6.9500 : -7.25% : -18.27% : A : 0.38%
BPL : 6.9500 : 6.70% : 0.90% : BBB- : 0.27%
BRKB : 0.0000 : 11.65% : 7.88% : AA : 0.43%
BSX : 0.0000 : 27.10% : 36.40% : BBB- : 0.17%
BUD : 3.1700 : 19.95% : 13.39% : A- : 0.19%
BURL : 0.0000 : 36.14% : 38.23% : BB- : 0.17%
BWLD : 0.0000 : 20.66% : -2.70% : NA : 0.09%
C : 1.3500 : 0.20% : -1.70% : BBB+ : 0.17%
CAH : 2.2500 : 19.00% : 7.10% : A- : 0.17%
CB : 2.1700 : 14.30% : 11.40% : A : 0.18%
CBRL : 2.9400 : 25.19% : 24.32% : NA : 0.17%
CCE : 3.1000 : 14.90% : 9.70% : BBB+ : 0.18%
CELG : 0.0000 : 27.70% : 17.00% : BBB+ : 0.15%
*CEQP : 11.4000 : xxxxxx : -54.30% : NA : 0.03%
CERN : 0.0000 : 14.00% : 7.90% : NA : 0.09%
CHD : 1.4200 : 19.60% : 19.30% : BBB+ : 0.26%
CHTR : 0.0000 : 28.40% : 17.60% : NA : 0.18%
CIM : 11.7400 : 4.00% : 9.90% : NA : 0.49%
CINF : 2.4800 : 17.21% : 17.92% : BBB+ : 0.18%
CL : 2.0900 : 13.25% : 5.21% : AA- : 0.76%
*CLMT : 0.0000 : 4.98% : -9.14% : B+ : 0.07%
CLX : 2.4300 : 17.54% : 23.68% : BBB+ : 0.51%
CMCSA : 1.6800 : 21.33% : 11.92% : A- : 0.19%
CMG : 0.0000 : 10.07% : -11.39% : NA : 0.16%
CNC : 0.0000 : 35.01% : 43.29% : BB : 0.17%
COP : 2.3600 : -4.80% : -21.40% : A- : 0.07%
COR : 2.7000 : 36.90% : 53.75% : NA : 0.19%
COST : 1.1000 : 17.35% : 18.07% : A+ : 0.18%
CRM : 0.0000 : 16.90% : 25.60% : NA : 0.17%
CSCO : 3.2900 : 5.57% : 9.93% : AA- : 0.18%
CSL : 1.3400 : 17.30% : 11.30% : BBB : 0.17%
CTAS : 0.9000 : 28.90% : 34.90% : BBB+ : 0.18%
CTSH : 0.0000 : 8.10% : 12.90% : NR : 0.18%
CVS : 1.8300 : 25.04% : 17.04% : BBB+ : 0.15%
CVX : 4.1900 : 2.46% : -3.37% : AA : 0.97%
D : 3.7000 : 13.00% : 19.10% : BBB+ : 0.16%
DEO : 2.9600 : 10.00% : 0.60% : A- : 0.06%
DG : 1.2900 : 21.08% : 21.25% : BBB : 0.15%
DHR : 0.7800 : 13.34% : 13.55% : A : 0.14%
DIS : 1.5000 : 22.21% : 19.32% : A : 0.17%
DLPH : 1.6400 : 35.08% : 6.88% : BBB : 0.16%
DLR : 3.5000 : 11.76% : 31.37% : BBB : 0.19%
DLTR : 0.0000 : 23.30% : 30.50% : BB+ : 0.21%
DPM : 9.2300 : 3.01% : -11.43% : BB : 0.28%
DPS : 2.2700 : 20.24% : 27.78% : BBB+ : 0.76%
DRE : 2.5600 : 12.28% : 16.54% : BBB : 0.23%
DUK : 4.2500 : 12.50% : 12.70% : A- : 0.06%
*DX : 11.4100 : 3.62% : -1.28% : NR : 0.31%
DY : 0.0000 : 30.14% : 43.01% : BB : 0.17%
EA : 0.0000 : 24.20% : 42.60% : BBB- : 0.17%
ED : 3.5600 : 10.56% : 16.59% : A- : 0.23%
EEP : 9.9700 : 0.67% : -5.48% : BBB : 0.30%
EPD : 6.0200 : 7.44% : -9.87% : BBB+ : 0.40%
ESRX : 0.0000 : 5.68% : -1.00% : BBB+ : 0.14%
ETE : 6.2700 : 8.60% : -22.67% : BB : 0.51%
ETP : 10.5300 : -2.21% : -18.34% : BBB- : 0.31%
EW : 0.0000 : 18.80% : 44.30% : BBB- : 0.17%
EXPE : 0.9500 : 18.72% : 20.52% : BBB- : 0.16%
EXR : 3.8700 : 36.50% : 36.20% : NR : 0.15%
FB : 0.0000 : 38.80% : 31.80% : NR : 0.59%
FBHS : 1.0000 : 40.63% : 15.67% : BBB : 0.17%
FDX : 0.9700 : 16.60% : 6.50% : BBB : 0.18%
FIVE : 0.0000 : 12.00% : 12.30% : NA : 0.16%
FL : 1.6600 : 26.42% : 14.76% : BB+ : 0.16%
FLO : 4.2000 : 11.46% : -4.11% : BBB : 0.16%
GAIN : 8.1300 : 8.20% : 8.50% : NA : 0.26%
GD : 1.9900 : 14.17% : 14.29% : A+ : 0.17%
GE : 2.9300 : 11.65% : 12.26% : AA+ : 1.17%
GILD : 2.4100 : 36.79% : 20.26% : A : 0.47%
GIS : 1.6400 : 18.90% : 15.10% : AAA : 0.84%
GLP : 12.2900 : -0.39% : -25.64% : B+ : 0.20%
GNTX : 2.0000 : 8.40% : 12.10% : NA : 0.15%
GOOGL : 0.0000 : 21.30% : 15.70% : NA : 0.60%
GPC : 2.5000 : 14.74% : 7.87% : NA : 0.17%
HAIN : 0.0000 : 22.70% : -10.97% : NA : 0.22%
HBI : 1.6200 : 30.60% : 4.80% : BB : 0.17%
HCA : 0.0000 : 23.10% : 8.70% : NA : 0.17%
HCN : 4.4700 : 9.78% : 11.85% : BBB : 0.18%
HD : 2.0400 : 30.78% : 31.90% : A : 0.48%
HEP : 7.2400 : 6.24% : 1.43% : BB : 0.38%
HFC : 5.1200 : 11.64% : -9.31% : BBB- : 0.10%
HII : 1.2000 : 34.40% : 26.40% : BB+ : 0.17%
HOLX : 0.0000 : 9.36% : 26.65% : BB : 0.17%
HON : 2.0300 : 14.00% : 6.12% : A : 0.19%
HP : 4.4700 : -1.08% : -23.03% : BBB+ : 0.17%
HRL : 1.5100 : 27.47% : 35.15% : A : 0.18%
HRS : 2.2900 : 15.51% : 14.05% : BBB- : 0.17%
HSY : 2.2100 : 15.70% : 12.70% : A : 0.17%
ICLR : 0.0000 : 23.30% : 19.30% : BBB- : 0.17%
INGN : 0.0000 : xxxxxx : 62.662 : NA : 0.18%
INTC : 2.9300 : 12.43% : 15.18% : A+ : 0.65%
ISRG : 0.0000 : 11.40% : 22.50% : NA : 0.16%
ITW : 2.1600 : 15.90% : 15.16% : A+ : 0.28%
JCI : 2.5500 : 16.00% : -1.20% : BBB+ : 0.17%
JNJ : 2.6700 : 16.26% : 10.03% : AAA : 1.24%
KHC : 2.7100 : xxxxxx : xxxxxx : BBB- : 0.91%
KKR : 5.6100 : 6.83% : -15.73% : A : 0.12%
KMB : 2.8600 : 17.57% : 11.88% : A : 1.10%
KMI : 2.3000 : -2.35% : -17.60% : BBB- : 0.82%
KO : 3.2200 : 8.22% : 9.19% : AA : 0.56%
KR : 1.4800 : 24.10% : 23.30% : BBB : 0.17%
LB : 3.1200 : 20.91% : 20.15% : BB+ : 0.18%
LEA : 1.0400 : 18.72% : 16.42% : BBB- : 0.17%
LEG : 2.6000 : 16.77% : 23.28% : BBB+ : 0.17%
LKQ : 0.0000 : 22.67% : 13.01% : BB : 0.18%
LLY : 2.6000 : 19.70% : 17.10% : AA- : 0.65%
LMT : 2.7000 : 25.31% : 20.36% : BBB+ : 0.64%
LNT : 3.0700 : 15.01% : 13.35% : A- : 0.16%
LOW : 1.8100 : 24.46% : 25.51% : A- : 0.24%
LXP : 6.3600 : 4.90% : 3.09% : BB+ : 0.43%
LYB : 4.0900 : 17.80% : -7.70% : BBB+ : 0.17%
MA : 0.7900 : 28.30% : 14.30% : A : 0.22%
MAIN : 6.4400 : 16.82% : 4.03% : BBB : 1.28%
MANH : 0.0000 : 46.39% : 27.39% : NA : 0.16%
MBLY : 0.0000 : xxxxxxxx : 6.50% : NA : 0.17%
MCD : 3.0800 : 13.40% : 16.83% : BBB+ : 0.82%
MCK : 0.6100 : 18.00% : 0.90% : BBB+ : 0.16%
MDLZ : 1.7700 : 6.95% : 13.94% : BBB : 0.37%
MDT : 1.8500 : 15.90% : 13.05% : A : 0.27%
MFA : 10.4600 : 6.40% : 4.91% : NA : 0.35%
MHK : 0.0000 : 25.90% : 19.47% : BBB : 0.18%
MHLD : 4.0300 : 14.59% : 5.27% : BBB- : 0.19%
MKC : 1.6800 : 15.60% : 16.76% : A- : 0.37%
MMM : 2.4600 : 14.32% : 13.68% : AA- : 0.52%
MMP : 4.6700 : 23.29% : 5.26% : BBB+ : 1.06%
MNST : 0.0000 : 35.60% : 50.30% : NA : 0.29%
MO : 3.6900 : 21.53% : 30.33% : A- : 4.09%
MPWR : 1.0500 : 35.40% : 28.50% : NA : 0.18%
MRK : 2.9200 : 14.47% : 3.08% : AA : 0.19%
MSEX : 2.2500 : 16.60% : 29.70% : A : 0.15%
MSFT : 2.4800 : 15.88% : 21.04% : AAA : 0.46%
MXIM : 3.2300 : 14.60% : 20.40% : BBB+ : 0.17%
NDSN : 1.0800 : 13.30% : 11.50% : NA : 0.17%
NEE : 2.8400 : 17.87% : 11.32% : A- : 0.27%
NHI : 4.4600 : 11.19% : 10.16% : NR : 0.41%
NKE : 1.0900 : 22.40% : 25.30% : AA- : 0.17%
NNN : 3.6200 : 14.65% : 17.07% : BBB+ : 0.40%
NOC : 1.6900 : 28.04% : 30.17% : BBB+ : 0.39%
NS : 9.1300 : -2.49% : -1.08% : BB+ : 0.20%
NUE : 3.0300 : 4.32% : 1.97% : A- : 0.29%
NVO : 2.0400 : 18.44% : 11.38% : AA- : 0.15%
NWBI : 3.9000 : 6.90% : 8.90% : NA : 0.18%
O : 3.6400 : 14.66% : 24.35% : BBB+ : 1.12%
OHI : 6.5900 : 13.60% : 4.70% : BBB- : 1.08%
OKE : 5.1900 : 6.05% : -31.20% : BB+ : 0.19%
OKS : 7.9700 : -0.49% : -22.65% : BBB : 0.61%
ORLY : 0.0000 : 35.75% : 33.68% : BBB+ : 0.27%
OXY : 3.9000 : -3.45% : -7.77% : A : 0.20%
OZRK : 1.6500 : 25.80% : 9.90% : NA : 0.17%
PAA : 9.7700 : 2.17% : -26.15% : BBB+ : 0.43%
PANW : 0.0000 : 24.90% : 29.00% : NA : 0.17%
PAYX : 3.0300 : 11.41% : 10.42% : NA : 0.17%
PCLN : 0.0000 : 17.70% : 3.80% : BBB+ : 0.19%
PEP : 2.7900 : 12.05% : 13.33% : A : 0.62%
PF : 2.2400 : 27.10% : 23.07% : BB- : 0.17%
PFE : 3.4200 : 13.30% : 4.98% : AA : 0.27%
PG : 3.0300 : 9.30% : 5.50% : AA- : 0.74%
PHK : 12.4200 : 1.61% : -9.95% : NA : 0.34%
PM : 4.0700 : 5.86% : 12.76% : A : 1.43%
PNNT : 14.2000 : -0.77% : -14.84% : BBB- : 0.37%
PPG : 1.4900 : 19.06% : 4.49% : BBB : 0.16%
PRGO : 0.6300 : 4.45% : -19.65% : BBB- : 0.16%
PSA : 3.1900 : 19.20% : 23.70% : NA : 0.15%
PSEC : 11.8100 : 2.60% : -8.47% : BBB- : 0.68%
PSX : 3.1900 : 29.23% : 9.16% : BBB+ : 0.21%
PTY : 10.5300 : 0.07% : -4.68% : NA : 0.18%
PYPL : 0.0000 : xxxxxx : 28.90% : BBB : 0.15%
RAI : 3.6800 : 24.59% : 36.25% : BBB- : 4.15%
RDSA : 7.5600 : -2.30% : -13.80% : A+ : 0.19%
REGN : 0.0000 : 45.40% : 14.60% : NA : 0.17%
RH : 0.0000 : 9.57% : -28.75% : NA : 0.13%
ROP : 0.6700 : 15.90% : 13.50% : BBB : 0.18%
ROST : 0.8600 : 26.79% : 26.65% : A- : 0.41%
RSG : 2.5200 : 10.97% : 18.05% : BBB+ : 0.16%
RSO : 12.6200 : 1.50% : -10.00% : NA : 0.16%
RTN : 2.0700 : 24.00% : 19.60% : A : 0.24%
RY : 4.0600 : 2.64% : -6.67% : AA- : 0.28%
SABR : 1.8600 : 26.00% : 4.10% : NA : 0.17%
SAM : 0.0000 : 11.32% : -18.77% : NA : 0.18%
SAN : 3.8800 : -9.81% : -24.95% : A- : 0.12%
SBUX : 1.4100 : 30.68% : 28.63% : A- : 0.27%
SCG : 3.2300 : 14.64% : 18.37% : BBB+ : 0.34%
SE : 4.5300 : 6.37% : -4.46% : BBB : 0.35%
SEP : 5.7700 : 10.58% : 5.19% : BBB : 0.31%
SFL : 11.7800 : 8.20% : 2.20% : NR : 0.16%
SHW : 1.1700 : 25.72% : 19.33% : A : 0.17%
SJM : 2.1200 : 16.30% : 20.90% : BBB : 0.34%
SKX : 0.0000 : 37.90% : 52.10% : NR : 0.13%
SLB : 2.4600 : 2.60% : -11.90% : AA- : 0.17%
SNA : 1.5700 : 21.80% : 16.00% : A- : 0.17%
SO : 4.3600 : 9.21% : 10.10% : A- : 0.42%
SPH : 10.5400 : -6.24% : -16.92% : BB- : 0.24%
SQ : 0.0000 : xxxxxx : 17.67% : NR : 0.14%
SRE : 2.8800 : 16.50% : 5.20% : BBB+ : 0.16%
STZ : 0.9600 : 47.00% : 34.20% : BB+ : 0.30%
SUN : 10.8100 : 20.11% : 9.95% : BB : 0.11%
SWK : 1.8800 : 10.50% : 15.30% : A : 0.19%
SWKS : 1.4900 : 17.39% : 45.24% : NA : 0.09%
SXL : 6.6400 : 15.22% : -19.71% : BBB : 0.71%
SYF : 1.9100 : xxxxxx : 9.90% : BBB- : 0.15%
SYK : 1.3100 : 13.43% : 16.79% : A : 0.18%
SYY : 2.3700 : 9.39% : 9.89% : A- : 0.33%
T : 4.6800 : 8.88% : 8.82% : BBB+ : 1.61%
TAP : 1.5900 : 16.77% : 28.56% : BBB- : 0.30%
*TCAP : 8.9600 : 11.49% : -1.16% : NA : 0.23%
TCP : 7.0500 : 4.87% : 10.45% : BBB- : 0.31%
*TCRD : 13.3900 : 3.40% : -0.80% : NA : 0.19%
TD : 3.7800 : 3.08% : -5.06% : AA- : 0.18%
TEF : 9.0300 : -10.90% : -14.70% : BBB : 0.09%
TEVA : 2.2800 : 4.70% : 6.23% : BBB+ : 0.15%
TGT : 3.3800 : 12.40% : 16.60% : A : 0.37%
*TICC : 18.1300 : -1.23% : -11.39% : NA : 0.12%
TJX : 1.3200 : 22.90% : 12.80% : A+ : 0.17%
TLP : 6.3500 : 1.11% : -15.37% : NA : 0.36%
TMO : 0.3900 : 19.90% : 15.90% : BBB : 0.19%
TOO : 8.2100 : -12.52% : -49.45% : NA : 0.09%
TOT : 5.6700 : -0.40% : -12.90% : A+ : 0.23%
TRGP : 8.2600 : 6.85% : -31.95% : BB- : 0.30%
TSCO : 1.1300 : 25.50% : 19.10% : NA : 0.15%
TSN : 0.7900 : 30.81% : 29.26% : BBB : 0.18%
TWO : 11.0200 : 6.23% : -1.78% : NA : 0.17%
TWX : 2.0300 : 23.5% : 24.1% : BBB : 0.17%
TXN : 2.1700 : 13.6% : 16.70% : A+ : 0.17%
ULTA : 0.0000 : 31.10% : 53.10% : NA : 0.18%
UNH : 1.8200 : 22.90% : 34.60% : A+ : 0.17%
UNP : 2.2900 : 14.57% : 0.07% : A : 0.17%
UVE : 2.3200 : 30.10% : 14.30% : NA : 0.17%
V : 0.6900 : 34.23% : 17.68% : A+ : 0.28%
VFC : 2.3100 : 19.70% : 0.90% : A : 0.17%
VGR : 7.2300 : 15.19% : 9.73% : B : 1.22%
VLO : 4.3100 : 17.15% : 9.87% : BBB : 0.18%
VRSN : 0.0000 : 30.40% : 19.40% : BB+ : 0.15%
VTR : 3.9700 : 6.40% : 4.77% : BBB+ : 0.35%
VZ : 4.3000 : 9.40% : 6.91% : BBB+ : 0.63%
WBA : 1.8700 : 16.72% : 21.55% : BBB : 0.74%
WEC : 3.2800 : 15.77% : 13.26% : A- : 0.15%
WES : 6.4900 : 10.30% : -11.06% : BBB- : 0.97%
WFC : 3.0700 : 11.90% : 3.53% : A : 0.45%
WM : 2.5500 : 12.10% : 20.10% : A- : 0.19%
WMT : 2.8000 : 7.10% : -4.40% : AA : 0.22%
WPC : 5.8900 : 16.90% : 6.90% : BBB : 0.19%
WPZ : 9.0900 : xxxxxx : -53.62% : BBB : 0.22%
WSO : 2.3000 : 21.40% : 28.60% : NA : 0.17%
WTR : 2.4700 : 12.92% : 12.95% : NA : 0.17%
XEL : 3.2600 : 13.28% : 16.58% : A- : 0.17%
XOM : 3.4200 : 3.67% : 2.38% : AA+ : 0.54%
++SPY : 1.90000 : 13.30% : 7.80%
++SPY added as a comparison benchmark.
* Indicates stocks that I might sell.
New additions JAZZ, MAS, SPR, VNTV, THO, FISV, AMT, QCOM (previously owned), AMAT, ATVI, NVDA, FDS, FTV (spin-off), ASIX (spin-off), VSM (spin-off), and NVEE. Total positions held 302.
In general there seems to be a correlation between high yield and substandard stock price performance (total return).
Retired Financial Analyst with an investment plan derived from Charles D. Ellis' book "Winning The Loser's Game". My portfolio is invested in the global capitalization-weighted equity market through Vanguard tickers VTI, VEA, and VWO. Current spending is met with portfolio dividends plus other monthly income as suggested by Ellis. Later in retirement I may use a "Modified RMD" withdrawal method, spending the annual RMD plus dividends, as described in this article: http://www.aaii.com/journal/article/retirement-withdrawals-can-you-base-them-on-rmds
Mr. Berger is the creator and developer of the YDP screening tool, a chart system and its analysis for screening and monitoring dividend income equity investments. The recipient of Seeking Alpha's Outstanding Performance Award, he also has been Seeking Alpha's #3 ranked Author for Income Investing Strategy & #4 for Utilities.
20 years of sitting in the board room gives me unique insights into Oil & Gas investments and corporate deal making in general. Additionally, he offers a Premium Research subscription service for boosting income while reducing market risk using covered option writing on a dividend income equity portfolio.
Residing in Brazil gives me a local's inside view on the pulse of its economy, politics, investment climate and breaking news. A view of my front yard is available here.
A former Chief Operating Officer, Director, Vice President and General Manger of Oil and Gas for Southern Pacific's Oil and Gas Operations, Business owner, geologist, and cribbage player, I've been an investor for over 48 years (started young at 13) and learned my lessons the way that makes them stick, by hard knocks and both big and little mistakes. Hopefully I can share some of those lessons with others.
I am an American expatriate that decided to retire at age 57 in 2009 and now live in Brazil. As an early retiree I invest for income and manage portfolio risk by screening for strong and reliable historic data along with favorable fundamental and technical current trends.
I spend 6 months/year living at home in Brazil and 6 months/year traveling the world. I have structured my financial positions so that I live virtually tax free with much of my income exempt from US tax since I live ex patriot and a lot of my US derived income over the annual ex-patriate exemptions is held in my tax free ROTH and tax deferred IRA/SIMPLE plans. This enables my tax savings to pay for my 6 months of annual traveling :) .
My investing is for income and appreciation with a balance of low to moderate short term risk and low long term risk. To accomplish this I use quality dividend payors with a long track record of steady or increasing dividends along with slowly appreciating equity prices. I target a 6 to 9 % yield and almost exclusively require a minimum history of 5 years of steady/increasing dividends and no decreases in dividend ever or at least past 10 years. I diversify through sector, country and currency unit the stocks are traded in, and security type (equity, royalty trust, REIT, mlp, etf, and ADRs).
I use covered call writing to enhance my portfolio yield with no added risk. In fact, it lowers the risk substantially. Once I identify a stock I want to own and an entry price for it, I write cash covered puts at or below that entry price (with a minimum of 1%/month time premium. Thus i obtain at least a 12% annualized yield before compounding just from the option premium.
Likewise, I use the sale of cash covered puts to generate income and and generally get an entry point at 5 to 10% below my acceptable entry level price if/when the put stock does get presented. Thus my strategy provides a 12% pre compound yield on cash and entry into stock purchases at a 5 to 10% discount from "retail".
Because I only select stocks that I am willing to hold long term for their reliable dividend yields of > 6%, I am not concerned much with market volatility or short/midterm risk. Indeed, market volatility is my friend since it increases the premiums paid on the options I sell. I also selectively sell covered calls on positions I hold long so as to add to my yield that way while not taking on any additional risk.
This strategy has kept me happily living off my portfolio income and traveling 1/2 the year while my portfolio has been slowly increasing in value even after my harvesting income for living expenses. Of course my income will incrementally increase when social security kicks in for me in a few more years and I may then slightly mofidy my goals and strategies.
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Eli Inkrot is a writer. Check out his website: thecurrencyoftime.com, his articles here on Seeking Alpha or his book - "You Don't Have A Money Problem" - on Amazon.com.
Additionally, here is a quick bio:
Eli has held the title of Vice President and Portfolio Manager at EDMP Inc. - a money management firm - along with Vice President for F.A.S.T. Graphs - a financial software company.
Prior to that, he began his investment career as an analyst in private real estate for a public pension fund. During his time in real estate he was the lead for a variety of accounts with net asset values totaling nearly two billion dollars. Eli received a Master’s in Finance from the University of Tampa where he earned “highest honors” whilst receiving the distinction of being named the “most outstanding graduate student.” He also holds undergraduate degrees in both Economics and Business Administration from Otterbein University, graduating “magna cum laude” with distinct honors in each major. During his tenure at Otterbein, Eli was a member of the varsity golf team, held the departmental Senator position for Business, Economics and Accounting and studied abroad in the Netherlands.
I prefer to research before buying and to monitor while holding. I have a background in tax/finance/accounting with a career focus in the real estate industry.
My username has a personal meaning and has nothing to do with the metal.
I am a IT Professional with a bachelors degree in Computer Science. I am not some multimillionaire (although I hope to be one day) I am an average everyday working person who decided to step out on his own and I want to encourage others to do the same. My investment profile closely resembles that of a Dividend Growth Investor with a bit of Value Investor mixed in.
Semi-retired CPA. 55 years old. I am steadily relying on my investment income for retirement. My practice is slowly fading away and is a means to pay my health insurance and medical expenses.
Started investing thru my mother's account at age 14. I owe so much to my mother who taught me so much about investing. She had me keep her charting up for her. She had me watching the ticker on TV when it became available to the masses. I learned company ticker symbols using California 3 letter license plates in a game we would play whenever we drove anywhere. I learned her investment philosophy which was based on long term charting of stocks that had remained dormant for years hoping they were on the verge of breaking out to the upside. She was very successful using this methodology.
My mom had me sitting with her watching the old Wall Street Week, Agronsky & Co., Washington Week, Nightly Business Report, etc. I started out understanding next to nothing in the beginning but gradually began to understand everything. She emphasized importance of understanding the interrelationship of the economy and government because government could make or break your investments.
Our investment philosophies ended up being so different but I rely on that solid core I learned in those early years for so many things even to this day.
My focus is constructing a portfolio of solid total return investments. Too many investors focus on high income at any price or high risky income because they did not accumulate enough assets to lower their risk profile and desperately need or want a desired level of income and are taking way too much risk to get it. We all need income to live in a retirement time frame much longer than anyone could have expected when we were all young. We also need a greater measure of capital growth because life's highest expenses may be in our future and our assets must keep up with the higher cost of living in the future.
I was smashed to pieces like so many in late 2008. Had to lick my wounds and figure out how to move forward. I read an article by Prof. Timothy Considine (then at Univ of PA) in late 2008/early 2009 about the future of energy and I completely bought into it choosing the MLP space as the primary focus believing in an eventual recovery of MLPs but more importantly the story that 25 years of incredible infrastructure growth lay ahead and the MLPs were best suited to perform that service so the E&Ps maintain their capital for exploration and production.
Still licking my wounds I focused on the MLP sector in general believing in a general recovery meaning all boats would rise which they did. BUT, there comes a moment and I learned this from my mother, there comes a moment where the general part of a recovery must give way to an intense focus on the very best companies within the industry you believe in. So I moved from a general focus to specific best of breed MLPs. I chose based on an understanding of each MLP's asset map and future potential to build out. I focused on organic growth over acquisition growth because Wall Street has destroyed so many companies over the years playing the acquisition game. Prof. Considine's thesis of a long term infrastructure build out meant you had to choose companies with the financial firepower (balance sheet) and asset map that allowed for much more organic growth than competing MLPs whose history was more reliant on higher cost acquisition growth.
In this zero interest rate environment many sub-par MLPs could prosper but the trick was to find the best of breed that could prosper in a normalized interest rate world which is the next chapter in our economy. I also focused on MLPs that were starting to jettison their GPs. MMP was the first and they paid 11x ebitda to buy out their GP. BPL and NRY were among the last to buy out their GPs and paid 23-26x ebitda which was crazy and an indication of how late they were to the game. MMP has prospered big time while the latter two MLPs have faltered in large part because they paid too much and waited too long to buy out their GPs. I bought MMP when they made the announcement. Wall Street analysts were skeptical about MMP's move and thought 11x ebitda was too much to pay. These same analysts thought paying 10x ebitda for a pipeline acquisition was reasonable but understand they get a lot more fees from the latter than the former. I knew I was on to something very good and have a large portion of my assets in the MLPs that bought out their GPs.
So to boil it down I have MLPs as core and absent tax law changes will be a major factor in my retirement plan. I also own a few best of breed BDCs and some common stock with good dividend payout histories and histories of good growth in dividends.
I used the 2008/9 crash to convert my IRA to a ROTH. My first transfer out of my traditional IRA was AAPL at $167; sold in my ROTH for $596. My mom always said use tragedy and adversity to your advantage an converting to a ROTH was my greatest leap of faith.
When I was younger I did very well in growth stocks without dividends but I have reached an age where I do not want to work as hard as I have worked so I do not have that same salary backup behind me that allows for taking that level of risk. However my risk portion of the portfolio is more measured with stocks like AIG, LCC, and WMB.
I am an HNWI. Not meant to brag, simply to state that I have accomplished my dream and enjoy responding to SA writings to give some wisdom from lessons learned, ideas for what to look for in (specifically) MLP investments, and in the case of Mreits hopefully get a few people to understand they must start learning about interest rate cycles in order to successfully play the cycle. I dumped all Mreits in NOV 2012 because I could see the winds of change that very much paralleled the GNMA and GNMA fund breakdowns in the 1980s. When the time comes I will begin looking at bonds and preferred again because the cycle will eventually reach that point where it will make sense to own bonds and preferred but not yet.
A full time investor in stocks, bonds, options, and real estate who previously worked as a financial/investment journalist/analyst. Previous industry stints include privately held SageOnline Inc. - where he held multiple positions - as well as Multex.com, acquired by Reuters, where he was an equity research editor. Aloisi is a cum laude graduate of Penn State University, currently residing in native South Central Pennsylvania with his wife and 2 children.
Income investing has become his focal interest due to the challenges that the ZIRP environment presents. Not an advocate of any single portfolio strategy, he promotes a "go anywhere" philosophy predicated on value, forward thinking, sustainability, and personal objectives. While the past may be instructive, Aloisi cautions on over reliance.
In his free time he likes to talk politics, play the piano, garden, and go antiquing. Mr. Aloisi was recently elected to a 4-year term on his local school board, garnering the most votes out of 6 candidates.