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dunkmaster

dunkmaster
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  • The Risk Of 'Buy And Hold Forever' Investing [View article]
    "forever" is a bad term ... maybe lifetime is a better term.

    I am willing to bet most of my net worth that in my "lifetime" there are about 10 stocks which will do well enough to pay me a reasonable dividend from now till I die.

    I could be wrong about 3 of them and still be "OK". My list would probably include KO, MCD, DUK, GE, JNJ, IBM, T,CVX, PG, and NSC.

    I bet I could come up with another 10 if forced....AND I WILL.

    LOW, EMR, SO, ABT, RPM, KMB, BA, AFL, JCI, TGT.

    Want another 10? (might get a bit harder for me here!)

    Sure...we could argue about a few of those...but most investors probably would not on the majority.

    The key for me is to not get too wrapped up in "trading" but "owning" good equity positions long term with little expectation of selling .... the label you put on that process is completely irrelevant.

    (LONG every stock mentioned)
    Nov 9 12:28 PM | Likes Like |Link to Comment
  • Cramer's Mad Money - Don't Let The Dow Get You Down (11/8/12) [View article]
    the man is like a circus clown mixed with a used car salesmen mixed with someone who is bi-polar...so I don't take him seriously enough to be offended...but I see your points.
    Nov 9 12:01 PM | Likes Like |Link to Comment
  • Cramer's Mad Money - Don't Let The Dow Get You Down (11/8/12) [View article]
    Liar?

    I think you need to be smart enough to know what you are saying is not the truth to be a liar.
    Nov 9 11:32 AM | Likes Like |Link to Comment
  • DIY Dividend Portfolio: McDonald's Is In The 'Buy Zone' [View article]
    no...he got that wrong
    Nov 8 11:19 AM | Likes Like |Link to Comment
  • The Thriving Healthcare REIT Sector Has A New Value Champion [View article]
    good morning ... welcome to reality ...

    I would suggest that you can drop the "accurate" ... Rasmussen is now just notorious
    Nov 7 11:26 AM | 1 Like Like |Link to Comment
  • The Thriving Healthcare REIT Sector Has A New Value Champion [View article]
    Amen brother....It's like you read my mind and then posted my 6 point response.
    Nov 5 03:12 PM | Likes Like |Link to Comment
  • Norfolk Southern: Dividend Stock Analysis [View article]
    I've only been watching NSC for a year or so... but it seems to me that NSC is a well run company that is just in the wrong business right now (hauling coal). I figure they will figure out a way to do better with a different product mix or coal will come back some. Who can predict such stuff?...not me....but it seems like a good company at a more than fair price. If it falls to near 50 I would happily double down...part of me wants that!

    I'm pretty long as well...everything I'm buying is in our Roths and a Rollover 401K...like so many of us, my goal is to sit on the stocks I'm buying and collect the div's as income in retirement ... so my time frame is "till death do us part" if i'm lucky.
    Oct 25 07:59 AM | 1 Like Like |Link to Comment
  • Norfolk Southern: Dividend Stock Analysis [View article]
    PS....bought a little today!...saved 7.2% (that is more than 2 years of dividends)...now lets see if I was a "genius market timer" or "caught a falling knife"!
    Oct 24 01:13 PM | 2 Likes Like |Link to Comment
  • Don't Believe The Naysayers, Coca-Cola Is A Buy [View article]
    so right...(should have read your post first... basically the same thing I posted below).

    The irony of the cup size thing is that it might IMPROVE the profit on 32oz of coke if you force the fat/greedy/dumb to buy 2 16oz rather than a large one.
    Oct 23 10:08 AM | 1 Like Like |Link to Comment
  • Don't Believe The Naysayers, Coca-Cola Is A Buy [View article]
    The health risks of soda are irrelevant to the profitability of KO.....only the willingness of the consumer to consume them and the ability of KO to profit from it is relevant (from an investor point of view...which is why we are here...right?). You have to remember that the average person (American or not) does not think in complicated terms about health (i.e. stupid people will keep drinking 2 liters a day until it kills them...just like MCD's...etc).

    Even if it was relevant, KO is growing its other drink options fast compared to its sugary carbonated ones.
    Oct 23 10:01 AM | 1 Like Like |Link to Comment
  • Norfolk Southern: Dividend Stock Analysis [View article]
    OH you are so right Norm!...and when I see these young boys mis-handling a pretty young woman I have the same thought....(if I knew then what I know now...but...its too late to do much with the knowledge :-) )

    In fact I am not out of IBM as I took a huge position in my ibm 401k near the time I sold off the privately held shares. So I was lucky enough to not loose the move from 190 to 210...(or the move down to 80 when that comes?!!!)

    I did not know if the company was going to pull itself up or go under at the time. I had a chance to buy it out of my paycheck at a discount. It seemed like a good idea. Luck more than wisdom. There are probably many 30 somethings working at companies like BAC (oh how the mighty have fallen...but will the giant rise again?) now asking if putting money in the stock plan is a good move. Something tells me it would be, but, I'm not betting double digits of my net worth on that. Like IBM, it will not happen overnight if it happens at all.

    I try to put old Warren in my head right before I make any purchase these days..."better to buy a good stock at a fair price than a fair stock at a good price".

    Now if we can always recognize a good stock it will work out !
    Oct 16 01:28 PM | 2 Likes Like |Link to Comment
  • Norfolk Southern: Dividend Stock Analysis [View article]
    it is always the same argument we have (sometimes with ourselves).

    Timing.

    Unless you are smarter than me (and at least one of you is not!!) then the thing to do is buy a 50% position now. when it moves down %20 buy another 25% worth....and if it moves down another 20% buy the last 25%. (If a stock moves down more than 40% in ANY market you have probably picked the wrong stock)

    on the other hand if it goes up and you never buy any more than the 50% stake you have at least half the stock you want at a good price.

    either way...you own some of the stock at a price better than today's price.

    using that method....the real issue...is WHAT stock to buy...not WHEN.

    I was buying IBM when I worked for them. Some I bought at $8...some I bought at $16....some I bought at $22. When I sold them last year (to help pay for a house I was building) over $190 I did not view any of those purchase prices as a mistake.

    Again, If you are going to hold a stock for 20 years then timing is not the issue...the right stock...is the issue.
    Oct 16 11:41 AM | 4 Likes Like |Link to Comment
  • Ford Vs. General Motors: An Investment Analysis [View article]
    Just to point it out one more time... we are not here to mimic the shrieking irrational partisan dogma of AM radio midgets (there are plenty of places for that out on the web).

    I'm sure the people depending on your investment choices will thank you for your "wild eyed capital lettered" adherence to principle.

    Good Luck with your "objectives".
    Oct 2 12:56 PM | Likes Like |Link to Comment
  • A $150,000 Portfolio Stock To Leave Your Grandchildren [View article]
    you are 100% right...and you point is irrelevant to making money. see post above.
    Sep 27 09:28 AM | Likes Like |Link to Comment
  • A $150,000 Portfolio Stock To Leave Your Grandchildren [View article]
    thank you for the information!...it is completely accurate and utterly irrelevant.
    The US is the most obese nation on earth so supermarkets are the best possible long term invetments (using your logic). I suggest some due dillignece before you follow that logic.

    Perhaps this will give you some perspective on my point. More people are flying more miles than ever before. Do the airlines look like good investments? (if you think yes?...then I thank you for playing...your parting prize will be poor investment results...unless you choose the VERY FEW airlines that will make money every year for the next 25 years).

    the issue is not demand, how addictive, or even gross revenues... it is profit (and good management, and wide moats, etc). For a history lesson study railroads in the 19th century.

    I'm not saying SBUX won't make you money. I'm saying that the product being loved, addictive, popular, (etc) is not the litmus test to judge the stock as an investment (though in fairness this is a trap many novices fall into..."I like it so it will make money")... profit, growth, (etc) are the litmus tests.
    good luck.
    Sep 27 09:27 AM | 1 Like Like |Link to Comment
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