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tbone62

tbone62
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  • Yield On Cost: A Vitally Important Consideration For Retired Investors [View article]
    All you nay-sayers about yoc; yea, it is a feel good number. But it gives me a measure of the growth rate of my dividends. The growth rate must at least keep up with inflation. Anything more I consider a raise much as when I was working. It surely is better than putting my cost in CD,s. What kind of growth rate is there? None!!! and the return is minimal. Yea the risk is very low but so is the return. YOC is useless in measuring valuations, fundamentals or any other measures for purchasing stocks. It is useful in measuring the growth of dividends. And yea "I FEEL GOOD"
    Sep 12, 2014. 05:02 PM | 2 Likes Like |Link to Comment
  • A Few Net Lease REITs To Avoid [View article]
    Thanks Brad for exposing the not so good REIT's as well as the better ones It is just as important to not loose money as to make money on our investments. I'm glad to know I have none of them. Long O,VTR,HCP.
    Aug 19, 2014. 12:14 PM | Likes Like |Link to Comment
  • Selecting Stocks For My Second Quarter Watch List [View article]
    Hi Bob ,

    Your screen process is almost exactly the same I am currently using and have been for some time. Mr. Fish has provided us with a gold mine of information. God bless him for that. Without his spreadsheet it would be very difficult and time consuming to compile all the information from other sources he has provided. Of course, after the screen the next process is to determine which, if any of them, are priced at a value to be a good buy. This is where I have the most difficulty. Would you be so kind as to share with us some of your ideas on valuation.
    Thanks Bob,
    tbone62
    Mar 24, 2014. 09:38 PM | 3 Likes Like |Link to Comment
  • How To Get The Most Out Of Dividend Growth [View article]
    Chower,
    Here, here my friend. Well said. I have been investing much the same way you do for many years now. You have finessed my investment style. A little tweak here and there has made me better understand the things I have been doing all along. I am in the spending phase of my dividends. It helps pay my monthly living expenses. I too look for low beta, low payout, reasonable yield, good div growth, future earnings growth,at a great valuation to buy in at. How can you go wrong? Price appreciation is sure to follow.
    A big thank you and KUDOS to you.
    Tom
    Mar 12, 2014. 06:58 PM | 7 Likes Like |Link to Comment
  • IPO Preview: Cheniere Energy Partners LP Holdings [View article]
    Too confusing for me. I'll wait until the smoke clears before making a decision to buy. All this to avoid K-1's. Think I'll just keep my LNCO. Tom.
    Jan 8, 2014. 07:47 PM | 3 Likes Like |Link to Comment
  • Dividend Growth Investors Are Perhaps Doing It All Right [View article]
    Kudos to you all. One of the best discussions I have read on SA Regarding selling.
    I am in the distribution phase as I am retired and living off of Social Security and savings. I always have at least two Dividend Growth Stocks (DGS) in waiting for the few times I have to sell one of my holdings because of poor performance. Putting proceeds in cash from a sold DGS is a no no as far as I am concerned.. I try to be fully invested in my dividend (income) producing portfolio. When money comes out I immediately reinvest it into one of my stocks in waiting.
    Then there is the cash portion of my portfolio. It has about 3 years of living expenses. As cash is spent to pay quarterly living expenses from my cash acct, I transfer funds produced from my DGS to the cash acct to maintain a 3 year expense balance.
    The third portion of my portfolio is the growth part. This is where I have growth stocks purchased using a value method.
    All this equates to 8% - 3 yr expenses, 30% - DGS, 30% - growth stocks, 32% cash. So far it has worked for me. I know 30% is a lot in a cash acct. But I am retired and plan to use it if there is as backup in case there is a longer than 3 yr downturn in the market.
    The distribution phase can be as difficult as the accumulation phase of investing. Does any of this make sense. I respect most of SA contributors and welcome your thoughts.
    Dec 22, 2013. 08:55 PM | 1 Like Like |Link to Comment
  • Portfolio Business Plan: You Really Need This - Part 2 - Further Revisions [View article]
    Hi Bob,Love your articles. Your investment stragety makes so much sense to me. I'm retired and am building a dividend paying portfolio to cover monthly expenses.
    I've got a question on the chowder rule. Take stock with a 3% div. yield and the chowder rule which uses a value of 12 for most stocks (non utilities,reits and mlps). Is the 5 yr. div. growth rate of 9% needed calculated as the 5 yr. avg increase of 9% or 9% in total from the first year to the fifth yr. .
    Thanks, Tom
    Nov 4, 2013. 07:45 PM | Likes Like |Link to Comment
  • I Want To Dance With Omega But I Will Wait My Turn For Mr. Market [View article]
    Hi Brad,
    Glad to hear you are looking into SNH. I follow you on SA and greatly respect your opinion. I have held SNH for several years and have been happy with it. It's not exactly a growth engine ,but it has mostly private clients and has little exposure to Medicare payments. roe,beta,pm,cash flow seem reasonable to me. I look forward to reading the comments of your study on SNH . I am long O, HCP and SNH. Thanks for all you do.
    TOM
    Oct 31, 2013. 06:39 PM | Likes Like |Link to Comment
  • Holding High-Yield Dividend Stocks Too Long Could Wreck Your Portfolio [View article]
    Enough with this little sissy spat. All RS is saying is that he is more risk averse than some other SA readers. Look at his profile. He says he uses a conservative approach to investing. Does that make him right or wrong about LNCO ? Maybe. But not for him. He cannot predict with certainty the future price of an issue no more than those who argue against him. Yes I hold a bit of LNCO. I believe in having some speculative stocks in my portfolio. I also have mostly the steady eddies that we all hold as my core holdings. It's good to have these discussions, both pros and cons. But the name callings and the crass insinuations are rather childish. It's our money and we should invest it as we see fit according to our investment strategy. KUMBAYA my friends
    Sep 21, 2013. 10:23 AM | 4 Likes Like |Link to Comment
  • Dividend Champions Smackdown XXI [View article]
    Thanks to all of you, especially David Fish. I recently discovered CCCs and David's articles. I have been a dividend investor for some time now. At 65 I hope it's not too late for my portfolio to grow it's dividends the way ya'll have presented this concept. Though I have done pretty well with my investments, I welcome new strategies and am eager to learn new ways to boost my dividends. I think I just added a few things to my bucket list. Thanks,Tom
    Aug 16, 2013. 09:31 PM | 2 Likes Like |Link to Comment
  • Dividend Growth: A New Way Of Looking At Yield On Cost [View article]
    I too track my YOC. Currently it's 6.68%. As a retired investor I'm letting my savings now work for me. Bonds are typically used for income but in the current interest environment I am out of the bond market. About a third of my savings are in dividend paying stocks. Along with SS it pays my monthly expenses. If the same amount was invested in CD's the monthly income would be much less. And when that CD renews, the interest increase, if any, more than likely would not be as much as the dividend portfolio increase. At least that has been true for the past few years. Yes I know there is a bit more risk but I try to minimize the risk with Dividend Achievers. When and if CD interest rates go up enough to generate a comfortable return I will be buying in. But I'm not optimistic that will be any time soon. So far dividends are working for me. I hope it is working for others too.
    Aug 14, 2013. 08:08 PM | Likes Like |Link to Comment
  • I'm Adding More SALSA To This Super-Sized Big Mac-Daddy Of REIT-Dom [View article]
    Hi Brad,
    Thank you so much for your articles. I have been looking for a forum on REITS. Yours is the best and your followers contribute so much.

    I too own O and have for a while. When I look at ARCP ,I see it looks a lot like O and both are in the retail sector. Why do you hold positions in both? Is it because you believe ARCP is better poised for capital appreciation than O? My other reit holdings are HCP -healthcare,SNH-reside... And lastly, how do you feel about mortgage reits and timber reits? All the best to you,Tom
    Aug 14, 2013. 07:16 PM | Likes Like |Link to Comment
  • Capstone Turbine Hammered On Revenue Concerns [View article]
    I was one of the lucky ones. I got out at $1.43 with a 20.2% profit. Below $1.10 looks like a good reentry point for me. A market pullback might be just the ticket. Lets ride this train again. I like the business model and the current growth prospects. With any luck GE might be interested in a buyout.
    Aug 10, 2013. 08:57 PM | Likes Like |Link to Comment
  • Social Security And Dividend Growth Make Up A Complete Retirement Package [View article]
    Hi David,
    I love the idea of dividend stocks and SS supporting my lifestyle. I have been working this strategy for years. I an only 64 and am planning to retire at 66. Currently my SS estimated amount plus my prorated monthly dividend is more than enough. Because I have been building yoc for years it now is more than 6%. I thought to buy CD's but the interest growth typically is no where near that of the CCC dividend stocks and currently is very low. I thought to buy an annuity and did not like the high fees, the interest typically is fixed forever and the current interest rates are also low. To balance my allocation I have growth stocks, spec stocks and bonds. All this is inside an IRA as I believe I will be in a lower tax bracket when I retire. Any thoughts on how I might tweek this investment style? Surely I left out something!!!
    Aug 5, 2013. 07:37 PM | Likes Like |Link to Comment
  • How Big Of A Slice Is In Your Intelligent REIT Portfolio? [View article]
    Thanks Brad,
    I love my REITs too. I have just over 20% of my portfolio in REITS. O a retail REIT, HCP & SNH healthcare REITs. I had NLY but got out before it's downturn. They have been steady performers for years. I use them to pay for my monthly expenses along with my Social Security. I also use a lot of dividend stocks for income but REITs are a big part of my retirement monthly income. I look forward to reading your columns to tweak my holdings from time to time.
    Thank you
    Jul 23, 2013. 08:00 PM | Likes Like |Link to Comment
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