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shourey

shourey
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  • The Well-Oiled Cash Flow Machine Continues To Perform Beyond Expectations [View article]
    Excellent portfolio, yielding 8% and growing.
    However , that 8% yield will shock the ' low-yield chasers'.
    Jul 5, 2014. 12:43 PM | Likes Like |Link to Comment
  • Cutting My Dividends By 35% - Improving My Dividend Growth Portfolio [View article]
    Any idea why VYM has outperformed VIG in last 5 year chart and that's even after excluding better yield of VYM ?
    Jun 23, 2014. 12:00 PM | 5 Likes Like |Link to Comment
  • Dividend 30: A Retirement Strategy [View article]
    Very good actionable piece.
    Jun 22, 2014. 09:41 AM | Likes Like |Link to Comment
  • MLPs And The Conspiracy Of Silence [View article]
    A summary , listing your top 5 picks, based on the criteria you have listed , would have been very helpful. Without that , its like a meal, with no desserts.
    Jun 22, 2014. 09:30 AM | 1 Like Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    Sometimes It seems that low-yield-chasers are just jealous of high-yield-chasers.lol
    Jun 19, 2014. 02:23 PM | 5 Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    There is no point discussing those few investors , whose spending patterns try to match high yield . I think high yield has an important place in the accumulation phase, 30 to 60 years age, in your retirement portfolio. I started investing primarily for dividend and income, in my retirement accounts, around age 45, 6 years ago. The results have been very good, investing primarily in MLPs, BDCs, REITS, MREITS, CEFs I haven't withdrawn any money nor intend to do so, until I retire. Then I may have to move to a more conservative portfolio. Before that I used to invest for value or growth. Timing becomes an important factor when investing for growth. It's easier for me to live through market ups and downs, if the stocks I have yield 8 - 12 %.
    Jun 19, 2014. 01:59 PM | 3 Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    Yes I forgot CEF's. Some of the best returns have come in the post 2008 period from some CEFs. One of the Preferred shares close end funds (FFC) , has done wonderfully for me. It's one of my largest holdings. Bought it around 15. Yield on my cost 11% p/a , for last 5 years plus capital gains.

    The issue is , money managers, tend to gravitate towards well known names and large caps, because they are easy to defend to their clients. The client can't fire him for investing in Home depot or Dell or McDonald , irrespective of how the portfolio did. That's why you see most money managers writing in SA , ceaselessly speak up their portfolio.
    Jun 19, 2014. 11:18 AM | 2 Likes Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    Company A : Dividend Coverage ratio 2 paying Dividends amounting to 2% yield, historical dividend growth 5%
    Company B : Dividend Coverage ration 1, paying Dividends amounting to 10% yield .

    Which company is more profitable and its shares cheap ?

    The company A has a max dividend payout ability of only 4% ( since at 2% its dividend coverage ratio is 2 ). Company B has max dividend payout ability of 10%.
    Jun 19, 2014. 11:04 AM | 1 Like Like |Link to Comment
  • Retirement Strategy: Chasing Yield Is Actually Looking For Disaster [View article]
    My portfolio is up 400% since Oct 2008 market bottom of my portfolio, investing overwhelmingly in MPLs, REITS, BDCs and Preferred shares. Its not a hypothetical portfolio as imagined by this author in his bid to make his point against 'chasing high yield'. I am talking of an actual portfolio, invested in 40-50 different MLPs, REITS, BDCs and Preferred shares during that period, what he may call as 'chasing high yield'. And yes, it has included, at different points in time, and in different volumes, the few he mentions. I intend to continue to chase yield, paying close attention to payout ratio / cash flow that would support the high yield.
    Jun 19, 2014. 10:50 AM | 12 Likes Like |Link to Comment
  • Ultra-Low-Risk Retirement Strategy For Folks Who've Saved $1 Million [View article]
    Guys , look at preferreds and in particular FFC, the mutual fund of preferreds. Preferred have a delinquency rate of about 1% , so if you buy a mutual fund of preferreds , you are safer. FFC , on dips can be bought for 9% annualized return, paid in monthly dividends. preferreds are one of the hidden gems of the investing world in my opinion.
    Mar 30, 2014. 09:42 AM | Likes Like |Link to Comment
  • Ultra-Low-Risk Retirement Strategy For Folks Who've Saved $1 Million [View article]
    Texas has many good things but is not the place to retire if you desire to hold on to your beautiful house. at around 2.5% property tax rate, my property taxes are about 14000 $/yr and increasing , irrespective of any income . The no income tax , but sky-high property taxes , in Teaxs is great for the super-wealthy , but for middle class/upper middle class , who may have a nice home, its a problem.
    Mar 30, 2014. 09:33 AM | Likes Like |Link to Comment
  • New Oxford Lane Shares Credited, Well In Time For March Dividend [View instapost]
    OXLC management hoodwinked its investors. When I participated in the rights offering , it was not expected that they would also subsequently and concurrently do a secondary ( even after all their rights offering targets were met ) . It doesn't feel good to be cheated. Of course OXLC management had planned this secondary and it was not an after thought to their rights offereing. In fact if the rights offering targets were met there was no justification to this secondary. THE rights offering was a well planned and executed trap by OXLC management. Congratulations.
    Mar 11, 2014. 07:14 PM | Likes Like |Link to Comment
  • mREITs Are The True Dividend Champions, And Safer Than You May Think [View article]
    Let other investors drink coke eat cheese-burgers and chips and proclaim them Dividend Kings, while the few collect 10% plus yield from the REITS, bdcs and MLPs.
    Mar 6, 2014. 08:53 PM | 4 Likes Like |Link to Comment
  • The $1 Million Perpetual Income Portfolio [View article]
    You can make a safe 7% by just buying preferred shares of financially stable companies or even more by buying mutual fund of preferred shares (FFC). You won't have capital appreciation. So I think more investors should consider it for stable income to build up their portfolio as they accumulate the 7-9% dividend from preferred shares. I mean , putting 25% of your portfolio in it , may be a good balance. My portfolio have had a consistent 7-8% dividend + distributions returns per yr, every yr, since 2008 january ( investing in Preferred shares, MLPs, BDCs etc ) when I began employing this strategy ( without taking into account very high capital gains for new capital employed during the 2008-9 downturn ).
    Mar 5, 2014. 02:19 PM | Likes Like |Link to Comment
  • Oxford Lane Capital Announces Rights Offering Over-Subscribed [View instapost]
    The question , when are the shares that I bought in the rights offering, going to show up in my account ?
    Mar 4, 2014. 08:56 PM | Likes Like |Link to Comment
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