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Ben Dean

Ben Dean
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  • Norfolk Southern - High Yield Link In The Railroad Pipeline [View article]
    Great article Norman. I bought NSC @ 58. I sold my entire position in Apple to focus on building a safer more reliable dividend growth portfolio. Friends said I was crazy to sell Apple to buy a railroad. Since then NSC is up 12% and Apple is down 25%. And the dividends keep rolling along. Ha!
    Jan 16, 2013. 05:14 PM | 7 Likes Like |Link to Comment
  • 12 Things To Dislike About Dividend Investing [View article]
    better than dying poor. who knows, you might live a long time and instead of possibly running out you get richer every year, sounds ok to me.
    Feb 8, 2013. 11:01 AM | 5 Likes Like |Link to Comment
  • Utilities: Boring Dead Weights Or Solid Long-Term Investments? [View article]
    D and SO outperformed BRK.A over 20 years? Whoa! something you probably won't hear on CNBC..

    @Ian. Recently the topic of conversation over a couple beers (Guinness for me, long Deo) turned to the stock market. I mentioned to friends that I invest in a few utilities and real estate trusts and got some laughs. They thought I was kidding and said this wasn't Monopoly. They want to talk about chasing growth and tech stocks. If I'm going to chase anything, it has a skirt. And as far as I can tell, none of them has quit their day job with all their hot stock advice.

    After checking out a ton of articles on SA and my local library, I finally came to the realization that it makes more sense to start building up that income stream now. Reading all the comments from older investors has really helped me focus on setting goals. Now that I have a plan, the challenge is to have patience and not let emotion take over and start trading again. I guess I'm just talking out loud here and sharing a potential weakness of mine. Anybody else have that problem, overtrading? It's too easy to buy and sell, I'm gonna delete my iPhone trading account app!
    Feb 4, 2013. 10:10 PM | 3 Likes Like |Link to Comment
  • Rebalancing My Dividend Growth Portfolio For Diversification And More Yield [View article]
    Thanks for a good article! I am also working to increase the # of positions and yield of my portfolio. OHI is tempting with a 7% yield and high div growth rate. But it has a %LT debt to capt of 64 and that seemed a little concerning to me. For a healthcare REIT, I own HCN.
    Feb 8, 2013. 01:24 PM | 2 Likes Like |Link to Comment
  • 12 Things To Dislike About Dividend Investing [View article]
    I am addicted. drip drip drip :)
    Feb 5, 2013. 10:16 PM | 2 Likes Like |Link to Comment
  • Are These 4 Tobacco Stocks' Dividend Yields Safe? [View article]
    MO is a dividend machine and the business is solid. There is a good chance that the feds will eventually legalize medical marijuana. If Altria decides to get into the business (they are in a strong position to do so) this will provide additional profit-sharing returns to MO shareholders in the years to come.
    Dec 17, 2012. 06:18 AM | 2 Likes Like |Link to Comment
  • How Could A Dividend Be More Secure Than Apple's? [View article]
    Devon, there is a lot of cash on the table ($130billion) but is management committed to paying it out? Maybe they will start acquiring other tech companies instead.

    How long has AAPL been paying a dividend? Less than 2 years? Hardly a track record. As you indicated, it is unknowable where a company whose primary product is cool phones will stand in 10 years. So I would argue that there are plenty of companies that have a more secure dividend than AAPL with longer track records and more stable products that don't run the risk of becoming obsolete in a few years. KMB. MO. JNJ. Decades of increasing payouts. AAPL is currently not in the same league when it comes to inclusion in a div portfolio. And at 2.4% the initial yield is on the low side for a div portfolio. Maybe for a value/ cap gains play yes, I'd say buy some but that is a different objective. Thanks for an interesting article.
    Mar 8, 2013. 01:57 PM | 1 Like Like |Link to Comment
  • Dividend Reinvestment - Yes Or No? [View instapost]
    Very thorough post. I really liked this part-
    DRIP "forces you to continue investing, regardless of market conditions, which in essence takes emotion out of the equation once you have ownership in a company"

    I DRIP everything.

    I sold MMP last year, that was a mistake. I'll admit it- holding onto winners, well for some reason, that is hard. MMP has done ridiculously well and from everything I've read it should continue to do so for quite some time.
    Mar 8, 2013. 01:42 AM | 1 Like Like |Link to Comment
  • Market Strategies - The Philosophy [View instapost]
    Thank you for sharing what you have learned and most importantly, a common sense approach! Investing in well-known div stocks for decades yields superior results and yet we still get tempted by market noise and the latest trends. It sounds too easy to pick high yield blue chips and utilities that grow dividends as a strategy. Adding complexity does not always improve results. Simplicity can be very effective.
    Feb 18, 2013. 02:16 PM | 1 Like Like |Link to Comment
  • Dividend Reinvestment [View instapost]
    never just there for show. a great conductor spends countless hours on score study, historical perspectives, and knows every orchestral members part and how they work together for a great performance.
    Feb 8, 2013. 10:17 AM | 1 Like Like |Link to Comment
  • Dividend Reinvestment [View instapost]
    Good topic! Interesting points on CAGR and MLP tax implications.

    I'm still in the accumulation phase and automatic reinvestment seems to work well. Keep the compounding machine moving along. Steady as she goes in both up and down markets and best of all while you sleep. Turn off the reinvestment option and you end up with small amounts of cash sitting around not going to work until you take action. Maybe I'd turn it off on a single position that gets too heavy..

    It's possible to do better collecting distributions in cash and adding to the most undervalued positions but I'm not sure how confident one can be that they are always making the right choices at the right time. For now, I prefer the Occam's Razor approach and simply reinvest. Drip drip away and no extra fees for that.
    Feb 7, 2013. 03:37 AM | 1 Like Like |Link to Comment
  • Clorox: A Dividend Aristocrat Cleaning Up In 2013 [View article]
    I like business but their current high valuation and long-term debt is something to consider before buying CLX
    Feb 4, 2013. 11:29 PM | 1 Like Like |Link to Comment
  • Managing Your Portfolio - Weightings [View instapost]
    Great blog! This was a very helpful guide. I currently have 30 positions, keeping them equally weighted makes a lot of sense for injury prevention. I have a lot of work to do.
    Feb 4, 2013. 10:34 PM | 1 Like Like |Link to Comment
  • Managing Your Portfolio - Selling [View instapost]
    Kolpin, I'm taking a closer look at DRI after the recent price drop. The latest report shows that earnings missed the mark. Is this a short-term hurdle that management can overcome or is it indicative of an underlying weakness in the business? DRI currently has a 4.3% yield and a double digit (CGAR). It looks attractive at current levels and I may initiate a half position next week.

    Chowder, thanks for tackling a difficult topic and sharing your decision making process. I'm relatively new to this and it's only a matter of time before investors face the prospect of selling a position that no longer cooperates with their portfolio goals. Long MCD
    Jan 27, 2013. 12:08 AM | 1 Like Like |Link to Comment
  • Norfolk Southern - High Yield Link In The Railroad Pipeline [View article]
    I also own UNP and CSX. Fuel price increases will hamper the trucking industry, and after doing my DD homework, I think the railroads are a solid long-term play. I also own a couple pipelines to diversify my portfolio against the cyclical nature of coal rail shipments.
    Jan 16, 2013. 05:14 PM | 1 Like Like |Link to Comment
COMMENTS STATS
24 Comments
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