Seeking Alpha

Soccercoach14

Soccercoach14
Send Message
View as an RSS Feed
View Soccercoach14's Comments BY TICKER:
Latest  |  Highest rated
  • Dividend Growth Investing: Creating A Portfolio [View article]
    I own SDRL and bought it originally on the recommendation of Jim Jubak whose portfolios are probably the original reason I started to look seriously at investing for income. Just for grins and giggles, here are his latest thoughts on SDRL.

    http://bit.ly/1kHUspq

    Dave
    Jun 7, 2014. 03:04 PM | Likes Like |Link to Comment
  • Dividend Growth Investing: Creating A Portfolio [View article]
    I can't help but comment, I bought SBUX on the first day of trading in 92 and still have a significant position left after selling bits and pieces of the stock to fund our SEP IRAs, part of our son's college education as well as other "stuff" along the way. I love it when I hear about folks who have made trips to Starbucks a part of their daily routine. (as we have)

    Dave
    Jun 7, 2014. 02:51 PM | 1 Like Like |Link to Comment
  • I Just Can't Sell Starbucks, Even With A 9% Drop Year-To-Date [View article]
    Sorry, I was unclear in what I meant. If you had bought on 11/1/2006 at just over 35 or even better on 11/1/2008 at between just over $7 and just under $9 and still own the stock you're golden.

    I would have loved to have picked up some more at the 11/1/2006 low of $7.08 but I was and still am so over weighted in SBUX that I really didn't consider it too strongly. Besides, the market was so ripe with other bargain stocks that I, like everyone else was like a kid in a candy store. So many stocks and so little time! LOL
    May 31, 2014. 07:40 PM | Likes Like |Link to Comment
  • I Just Can't Sell Starbucks, Even With A 9% Drop Year-To-Date [View article]
    I bought Starbucks as soon as I could on the IPO in 92 and still own a significant portion of that investment with a cost basis of 69 cents. In the meantime, the stock has funded SEP IRA's for both me and my wife as well as part of our son's college expenses. In hindsight, looking at the chart, except for late 2013 to now, there is no time period when one would not have made money buying SBUX. What does that mean in the real world? Absolutely nothing except that the company has a history of making good choices, recognizing and correcting mistakes and constantly seeking new markets to the benefit of its stockholders.

    This is a good company. I go to the annual meeting regularly and I always come away amazed at what they are doing in terms of giving back to the communities in which they are located both on the supply and retail sides.

    Is the stock a buy at this level? That is always the crux of the issue when one is looking for a stock to buy isn't it. I will comment that I've been tempted to buy more as it drifted down to around 68 and I advised my son to buy a bit in his newly opened IRA. As far as the dividend is concerned, they have been doing well at increasing the dividend since they started paying one. In fact, SBUX appears on David Fish's "near challengers" list.
    May 31, 2014. 12:59 PM | Likes Like |Link to Comment
  • I Just Can't Sell Starbucks, Even With A 9% Drop Year-To-Date [View article]
    The "new food" is selling well because it's quite good. I don't know the numbers, but I do know what I like. As far as the breakfast sandwich on a pedestal, marketing is as marketing does and Starbucks doesn't make many mistakes.
    May 31, 2014. 12:26 PM | 1 Like Like |Link to Comment
  • Bank Of America And The Big Denial [View article]
    My question is simple. Why BAC? There is no other company on which you spend so much time and energy. Certainly there are other companies about which you have similar feelings. Given the wealth of knowledge you bring to the table, BAC can't be the only "bad" investment you are aware of. What terrible thing did the bank do to you in the past that requires your constant invective?

    You were the author whose articles first got me seriously interested in dividend growth investing; it's troubling to see you so negatively focused on one company. I can't help but believe that you would be more effective if you emphasized your strength by continuing to write about DGI, let BAC disappear from your radar and face whatever the future has in store for the company without your continued attention.

    Dave
    May 25, 2014. 11:44 PM | 2 Likes Like |Link to Comment
  • What Do I Do With My Stocks If The Market Crashes? Part 1 [View article]
    Akaralph

    I suspect that more investors held on than you are giving credit for. I held through the downturn; I did a bit of selling on the way down in the last quarter of 2008 though it was more judicious pruning than any frantic need to sell. As a consequence, I had some cash in February of 2009 when it seemed that I couldn't get that money back in quickly enough. Everything was available for fire sale prices and there were simply too many good stocks available to buy them all. I, for one, wouldn't mind a bit of a correction again though one not quite so extreme would be more of what I have in mind.

    Dave
    May 3, 2014. 02:55 PM | 1 Like Like |Link to Comment
  • Selecting Stocks For My Second Quarter Watch List [View article]
    I always like to find corroboration from multiple sources.
    Mar 22, 2014. 01:41 PM | 1 Like Like |Link to Comment
  • Selecting Stocks For My Second Quarter Watch List [View article]
    One source that I always look to is Jim Jubak at his site Jubak's Picks. I've gotten some very good ideas from him and he has seldom steered me wrong.

    He has had SDRL in his income portfolio for some time and has written multiple times about the stock with the last update on 2/24. Just go to Jubak's Picks and search SDRL.

    Dave
    Mar 22, 2014. 12:34 PM | Likes Like |Link to Comment
  • Dividend Champions: 14 Increases Expected By The End Of May [View article]
    Got it, thanks! Just thinking that a new group with name recognition would be kind of cool.
    Mar 16, 2014. 02:50 PM | Likes Like |Link to Comment
  • Dividend Champions: 14 Increases Expected By The End Of May [View article]
    Your list is one source that I check without fail before buying a stock. Thanks for all of the work.

    How about creating a 4th group for companies that have paid dividends for 50 or more years? It's truly a select group and it would be fun to have them singled out. You could ask your legion of followers to help you name it.
    Mar 16, 2014. 01:03 PM | 1 Like Like |Link to Comment
  • Is Starbucks' Dividend Still A Rocket Ship? [View article]
    I bought SBUX in 1992 on the first day it opened and still have some of it with a basis cost of $.69. In the mean time, it's financed SEP's for both my wife and me as well as part of my son's college costs. It has obviously been one of those stocks that could have been purchased anytime between then and now (with the exception of the last few months) for a profit.

    I like seeing the dividend; it isn't obvious whether or not they will continue increasing it, but from a purely subjective basis, I have a feeling that they will. At any rate, I'll still be long the stock to see.
    Mar 7, 2014. 12:40 PM | Likes Like |Link to Comment
  • 5 Reasons Not To Have Bank Of America In Your Portfolio [View article]
    Sigh, I just noticed this morning that my BAC is up 208% from my purchase. I wish all of my investments would go nowhere like that. MSFT is up just under 50% plus a nice little dividend. I could go along way with that sort of blunder.
    Mar 5, 2014. 01:22 PM | Likes Like |Link to Comment
  • 5 Reasons Not To Have Bank Of America In Your Portfolio [View article]
    I read and enjoy your articles regularly but I am mystified by your ongoing crusade against BAC stock. I thought you were done with it, but it turns out that this particular soap box has an attraction that you can't resist. Time to step off the box for good and return to helping us find good dividend stocks that we might have missed.
    Feb 27, 2014. 11:18 AM | 1 Like Like |Link to Comment
  • The Perfect Portfolio: End Of Year Review [View article]
    Anthony484:

    I'm a little slow on the uptake here, but your question reminded me of a similar situation in which I found myself early in January of 2013. Mid December of 2012 I got an email from Parsimony Research regarding NUS; the stock had taken a significant hit that they felt was in reaction to news about another company in the industry (I'm old and the name escapes me) and were suggesting a buy. The company was about to increase its dividend so it made sense from a DGI standpoint as well. Long story short, I bought some around $25; in less that a month it was up to $35ish. I had 5 years worth of dividends in hand so I sold with about a 30% gain. On January 14th of this year, it closed over $138. Sigh! It has since come back to something around $82

    I guess the lesson is this; "ya pays your money and ya takes your chances". My original trades made sense but in light of what the stock did in the next year, they look pretty lame.

    Dave
    Feb 20, 2014. 12:58 PM | Likes Like |Link to Comment
COMMENTS STATS
34 Comments
28 Likes