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jdhd

jdhd
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  • 3 Dividend Opportunities for Income Investors [View article]
    Good evening,

    I am long MO.
    I am long dividends.
    I am long personal choice.
    I am long on getting on with my life.
    I get short with folks who get in my business.
    That would be the long and the short of it.

    BTW....wasn't there some oil spill that happened a while back in 1989 called the Exxon Valdez. How could anyone buy that stock after this company attempted to murder Mother Nature itself? There were lots of pictures of pelicans bathed in oil not to mention the shoreline. Why weren't they postered on the pumps?

    Full disclosure: I am also long PG
    Jun 24 12:05 AM | 2 Likes Like |Link to Comment
  • Knocked Down Ag Stocks Ripe for a Rally [View article]
    Surfgeezer- ditto-Long UAN. I have read the dividend is 1.92 but have only seen sometime in August on when the first quarter will be paid. Any credence to that or further info?
    Jun 18 03:19 AM | Likes Like |Link to Comment
  • Brookfield Infrastructure Partners: Utility Play Wrapped in an MLP [View article]
    I realize that you aren't suppose to love a stock...but I love this stock. I thought in checking BIP that they also owned or operated a port in Australia. Perhaps I was mistaken.
    On the other side, my thanks for the breakdown of their diversification.
    You could buy ED, WY, TK, UNP and KMP and not be as diversified as this one stock. That is why I like it.
    It was interesting on the tax item. All my BIP is in my 401 and IRA.
    Hmmm...have to give that some thought.
    My thanks again for the article.
    Jun 17 08:42 AM | 1 Like Like |Link to Comment
  • 5 Tips for Young Investors Looking to Start Investing in Dividend Stocks [View article]
    Thank-you Kevin,
    Just sent it to my daughter and a much younger friend who started investing over the last few months
    Jun 14 04:43 AM | 6 Likes Like |Link to Comment
  • Jim Cramer Is Really Bullish About These Stocks [View article]
    ...as I remember before C did the 10 to 1 reverse stock split he said to get out. He liked F for a long time but when GM offered the IPO he felt there was a lot more upside because GM was better established in China. Which is curious because the Ford CEO stated they are making a big bet on expansion in China and India and doing it with small cars.He still likes F but then none of the autos or anything else is really doing anything and in fact...we are on a 5 week decline which Cramer warned was coming and told investors to look to trim their gains and look to become more defensive.

    I find it hilarious that people have this love/hate with Cramer. He consistently says to do your own homework. I look at what he says and a miriad of others like Seeking Alpha and I then make MY decisions after doing my homework about MY portfolio. There are good ideas, perspectives, viewpoints and you grab your sifter (your brain) and make your best attempt to choose correctly.

    To slam Cramer in defense of your own way of investing is like saying there is only one way to skin the proverbial cat. Comments of "I do this.." and "I would never do what Cramer is"...doesn't make the man evil or an idiot, nor does it make any of you that either.
    So folks, don't be a Weiner and put it back in your pants because this looks like...well it just does.
    BTW...Aapl is one of the stocks he has in his charity fund. I've seen it posted.
    Jun 8 10:36 PM | Likes Like |Link to Comment
  • The Case Against Using a Dividend Reinvestment Plan [View article]
    Kevin..it is a good article in that like a coin there are two sides...to DRIP or not to DRIP...that is the question.
    My answer is that I do both at this time although I will be turning the DRIP faucet off tightly when I retire and dipping my bucket into my dividend stream.
    To address the comment-"we never reinvest dividends and never will... increases your cost basis (presumably you bought long b/c you thought it would go up) and concentrates risk. the "reinvest in the same security idea is for dodo birds"
    (1)Never say never and dodo birds are extinct. (2) Everyone buys b/c you thought it would go up....so what do you do when it doesn't?
    My cost basis goes down when I drip especially when my stock positions are in my 401k or IRA. (3) Concentrates risk is as much dependent on the sector as on the stock and there are sectors I want to be overwieght, equalweight and underweight. Further, risk is in the eye of the beholder and your eye needs to be on your holdings.
    The short seller will usually leave a solid dividend payer alone but like a lion in the desert as it looks for who to devour will pounce when a company cuts/drops its dividend.
    Kevin - I have a SMA (self managed account) in my 401k and use DRIP for the most part there although I have Aapl in that account also. The point is my cost basis is recalculated each time I get my dividend so it is tracked and as far as tax purposes are concerned any withdrawal after 59&1/2 will be taxed as income. My open account is set-up not to drip which means I pay my taxes on stocks that have gone up and I've sold and on dividends.
    It shows my buy points. It tells me, when I sell, how many shares were long or short for my tax lady. My company stock account shows me my lot size and the adjusted share price with split which I am sure is fairly standard. Therefore no real concern tracking cost basis.
    Also if brokerages are automatically reinvesting your dividends isn't that essentially DRIP:)
    For now this offers the best flexibility in what I want to do with my portfolio. One last thing...you can turn the DRIP on /off. If not, time to find a plumber.
    Jun 7 09:49 PM | Likes Like |Link to Comment
  • 5 Dividend-Paying Utility Stocks to Consider [View article]
    Tortoise....Definitely agree as I gave a further explanation of that view when replying to Surf. thank-you.

    jdhd
    Jun 6 08:44 PM | Likes Like |Link to Comment
  • 5 Dividend-Paying Utility Stocks to Consider [View article]
    Surf....truly I agree with the increase in pieces and should have been included in that statement. My point was to put emphasis on share price in that if you believe in the fundamentals of a company and are weary of its price being close to a 52 week high then you need to look at it long term and realize from that perspective DRIP will reduce that share price. Whereas your point to more shares equals addition to your retirement income stream....I think we agree it is a dual benefit, in that the DRIP adds to reduced share price and a greater cushion or moat while the incremental increase in pieces is there for you once you retire. I like the turn off the DRIP also.
    Jun 6 03:47 PM | 1 Like Like |Link to Comment
  • Analyzing 2 Cramer Favorites: Apple vs. Salesforce [View article]
    My buddy just bought 25 shares of Apple
    @ 345.00 and it went down to 335.00. His comment was how far it went down. I asked him if a stock went from 34.50 to 33.50 would you be overly concerned..would you sell?
    Would you be inclined to buy? The answer to both questions.."no".
    To me Apple is almost a defensive stock. It's gone from its high of 37.00 to 33.00 (x 10) so my buddy bought in at 7% off its high.Not a great place to buy but not a bad place to start initially. If it goes to 29.00 and he buys 25 more shares he gets a 31.75 cost basis. Not bad either.
    I believe the needle will move because Apple is defensive when you need it to be defensive and yet it's "the" innovative tech stock for the masses in the market at present.
    It is munching on PCs and laptops with the iPad...whisper and whisper...tease and taunt....the iPhone5 will be here soon but maybe sooner. It's the golden carrot being dangled..c'mon. In a way it is "sin" stock to those who are addicted..and they are addicted like puffers for MO or PM.
    When I was a kid I'd stand in the doorway of our kitchen and mom would mark a line to show my growth and compare the lower mark from the year before. When I look at Apple I see a kid still growing, a kid that will surprise with some spurts....but it will not happen overnight.
    May 25 02:30 AM | Likes Like |Link to Comment
  • 2 Strategies to Build Massive Dividend Stock Portfolios [View article]
    Tweedn...it is what I assumed and in another year or so I plan to retire at 59 1/2. I appreciate the response and thank-you.
    May 25 12:47 AM | 2 Likes Like |Link to Comment
  • 2 Strategies to Build Massive Dividend Stock Portfolios [View article]
    I appreciate the insight of these strategies. Currently, my 401k allows for the majority of it to be self-managed and is under DRIP which does the fractional reinvestment into dividend shares.
    My IRA and open account simply holds the cash from the dividends in a money market account. In essence, I have been doing both of your strategies because those were the rules where I had these accounts. Yep...dumb luck.
    I liked the DRIP for building shares for income as I approach retirement while the open account allows liquidity via money transfer to my bank. So it allows flexibility.
    One question I have on withdrawal. When I draw from my IRA after retirement and rolling the 401k to an IRA what will my tax rate be?
    Based on my annual yield to cost I'm over 5% which is what I'm planning on withdrawing yearly from my IRA. In my open account I'm taxed 25% on short term gains and 15% on long term gains.
    With the possibility of higher taxes on dividends will I simply be taxed on my withdrawals from the IRA at my gross income which actually might be less of a percentage then the 25% short term dividend rate down the road based on a reduced fixed gross income.
    Was that about as clear as mud?,,,,dang..two questions!
    Again, my thanks for the article.
    May 24 06:17 AM | 1 Like Like |Link to Comment
  • 5 Dividend-Paying Utility Stocks to Consider [View article]
    "The purpose of preparing for retirement is not to be rich. It is not to be poor as you approach and enter retirement!"

    Tortoise #1

    Well said by whoever stated it initially and thank-you for restating it. I've added AEP to my Utilities sector which has a good position in BIP. I'm feeling pretty good between the author's choice in AEP and the growth of BIP, especially in looking at the last quarter's results.

    As far as being close to 52 week highs...I agree it is best to buy at a lower price but let me share a bit of perspective when it comes to share price. Overall and obviously, every quarter the dividend you reinvest in your stock position is simply buying those same shares at a lower price. This excludes dividend increases or any growth of the stock so cost of a stock is important but more important is the stability of the company and its ability to continue to pay and increase the dividend.

    The thing is I believe one of the most important things anyone can do besides learning about investing is truly learning what kind of an investor are you. This takes some time.
    When I started investing I was always concerned whether my portfolio overall value was going up or down. Where are the growth stocks??....what is the next rotation??...what is hot and what is not?
    As I learned more the realization hit me that if I wanted to quit working and retire from my career then I needed to get my portfolio working full-time.
    Now I smile when a dividend comes in and magically there are more shares in that position and the cost basis just dropped on those shares....saawheet:)
    I'm sure I'm singing to the choir in what I've written...patience is a virtue and who would have guessed that virtue had such a nice payout. Happy hunting and my thanks.
    May 12 03:43 PM | 3 Likes Like |Link to Comment
  • Abandon U.S. Ethanol in Favor of Natural Gas [View article]
    Mike...I couldn't agree more.

    Ethanol is a joke. It is like a pyromaniac's paradise where he burns his food with fuel to make fuel to burn...is that about right.....even when you say it slower it doesn't make sense.
    We can transition from coal to natural gas at our utilities for a start.
    You say no...it's a fossil fuel.
    Ok..
    Burn coal for electricity to plug our $30,000.00 VOLTS from home so we can drive our kids to school green and clean.
    Hey,clean coal is coming....natural gas is here.

    Natural gas...Some call it a bridge fuel. Right now that bridge is to nowhere...because no one in Congress is listening.

    Where did I hear that phrase before?

    Oh yeah, Alaska..we can't go there or the Gulf even if we do it in shallow water.
    We can't put wind turbines off Martha's Vineyard because it wrecks the view....REALLY!!

    Nuclear.....ummmm!..the Chernobly way of creating clean-up jobs for generations to come. Jobs at 244,000 this week...so maybe we can put that option on the backburner for now...just do it carefully.

    Why is it we can't seem to get out of our own way?

    I feel like that commercial where the dad (government) is holding out his baseball glove while checking his cell phone....and the kid hits him in the knoggin' with the ball....REALLY!!!
    May 6 09:28 AM | 3 Likes Like |Link to Comment
  • 11 Stocks to Sell From Your Passive Income Dividend Portfolio [View article]
    Richjoy - - that was my point exactly. I had EXC on my watchlist and was giving it some serious consideration.

    The other part I was driving at was there are risks and there are also people who categorize..ie sin stocks....as Altria, PM and Wynn have been categorized for years. EXC was in the same off limit kind of boat for a long time until a few years back when the US looked around and said we have fallen behind wind/solar in Asia and nuclear in Europe. Then BAM...Japan. Maybe I am sitting on my hands but I want to see what the knee jerk legislation will be in the US and how it will play for companies like EXC.

    I agree that EXC will be around for a long time and 5% is a good dividend return to wait for things to change. At 10% off it's 52 week high it could be a decent entry point to start collecting. Good hunting!
    Apr 24 12:31 AM | Likes Like |Link to Comment
  • 11 Stocks to Sell From Your Passive Income Dividend Portfolio [View article]
    I bought MO as a savings account. The yield was much better then what I could get from my regular savings account or a CD. My cost basis is 19.31 which is up some from where it was because of purchasing more shares. The yield, because of DRIP, is close to 8% and going higher after they just paid a recent quarterly dividend. Every stock has issues. Exelon had things rolling for it with a 5% dividend and the backing of the government as a "clean energy" solution. Since Japan, it is down over 10% from its 52 week high and now people feel they need lead gloves to handle that stock. It kills folks too and you can't just step outside of the bar to stop the second-hand effects.
    So if smokes, guns, gambling, and alcohol are sin stocks.....what is nuclear?

    I appreciate the author's viewpoint because it always makes me look at the stocks in my portfolio and the reasons I hold them or buy more of them or sell them. Things change is my point. So far MO is steady and doesn't lose value while giving me a very good dividend to increase the moat between value and cost until I retire when I will then utilize the dividend to supplement those years.
    Apr 22 11:56 PM | Likes Like |Link to Comment
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