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jrpah

jrpah
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  • Adding CVX To My Portfolio [View article]
    Long CVX (have owned for years, added more recently). Sold KMI recently, really like the company, but can't justify the PE of 48. Maybe there will be an opportunity to buy in the future
    Jun 28, 2015. 03:35 PM | 1 Like Like |Link to Comment
  • Don't Get Caught Holding This 'Safe' Stock When The Fed Hikes Rates [View article]
    This will be my last post, I really did't plan to get into a long argument. It is historic, that was my point. If you look back past the financial crisis, PG PE has been high, a reward for being a true blue chip. During 96-01 it's PE was 25 with growth of only 6.9% (similar to what is projected). This however, is Cherry picking because later on the growth rate was higher. PG right now is priced high for my blood. I bought mine during the crisis at a nice price. However, I take issue with the article premise that one should bale on this AA- rated company. For div growth investors, it does't get much better. There may be a time in the future to pick up some more, but I plan to keep what I have. I wish you well
    Jun 14, 2015. 06:12 PM | 5 Likes Like |Link to Comment
  • Don't Get Caught Holding This 'Safe' Stock When The Fed Hikes Rates [View article]
    My source is "fastgraphs" offered by chuck Carnavale (he is a regular contributor on Seeking Alpha). Looking at the last 10 years just isn't long enough because of the financial crisis. If one looks at the last 20 years, the average PE is 20.7. This was pretty consistent. On 3/31/09, right at the depth of the financial crisis, the PE dropped to 11.6. It has been working its way back up every since.
    Jun 14, 2015. 04:45 PM | 3 Likes Like |Link to Comment
  • Don't Get Caught Holding This 'Safe' Stock When The Fed Hikes Rates [View article]
    Cherry picking is Cherry picking. You completely ignore the long term PE under various historic sceneries of a very well established company (You used two data points so you picked two cherries)
    Jun 14, 2015. 04:01 PM | 6 Likes Like |Link to Comment
  • Don't Get Caught Holding This 'Safe' Stock When The Fed Hikes Rates [View article]
    You sort of cherry picked your data. You got your PE of 11 for PG by taking the very lowest point of the financial crisis when everyone was freaked out and the best stocks on the planet were on sale. You fail to mention that for the seven years before the financial crisis, when interest rates were higher (I remember bonds in the 4 to 5% range),PGs PE averaged 21.1 (higher than it is now)
    Jun 14, 2015. 02:53 PM | 6 Likes Like |Link to Comment
  • What BP's Finances Will Look Like After The Settlement [View article]
    Tim
    I am surprised you have no position in BP. You have been touting its virtues for some time. You are an investor, so why have you shyed away from BP?
    May 20, 2015. 01:44 PM | 7 Likes Like |Link to Comment
  • Walgreens Boots Alliance - All The Good News Has Been Priced In Already [View article]
    "funny that investor still use P/E or PEG rates to develop an investment thesis"
    And a warm fuzzy is better? I'm an old investor, been through all the times when fundamentals no longer mattered. I'll stick with looking at the price I'm paying for earnings.
    May 10, 2015. 01:52 PM | Likes Like |Link to Comment
  • This Is Why You Are Diversifying Wrong [View article]
    Interesting article. Thanks. Unfortunately, it seems like it all comes down to looking at volatility (thus higher standard deviation) as risk. Living of a div stream, buying at sound valuations, and not worrying about volatility seems to favor all stocks.
    Apr 1, 2015. 03:07 PM | 9 Likes Like |Link to Comment
  • 10 Dividend Stocks With A 10% Yield In 10 Years [View article]
    But you still have to pay income tax on the money transferred. That is done by selling shares or taking the money out of another pot.
    Feb 4, 2015. 11:47 AM | Likes Like |Link to Comment
  • The Best Utilities To Own For Total Return And Dividend Income Growth [View article]
    long NEE for a long time and very happy. As Mr Gray indicates, just waiting for it to get reasonable again.
    Jan 19, 2015. 01:19 PM | 2 Likes Like |Link to Comment
  • It's New! It's Nifty! It's The Dividend Growth 50! [View article]
    Should be interesting to follow. I have 26 of the stocks in my 39 stock portfolio! I've owned and sold (not necessarily wisely) several others.
    Jan 11, 2015. 02:10 PM | Likes Like |Link to Comment
  • Making The Difficult Decision To Part Ways With BP [View article]
    I recently sold 1/2 my BP for similar (though not as well thought out) reasons. I fell with various factors (litigation, price of oil, Rosnedt), the div is not secure. If it is cut, the main reason for owning is gone, and the price will tank. Most of the proceeds have gone into COP. Hated to do it, I have faith in BP, but the high div pulled me in deeper than my comfort zone.
    Dec 30, 2014. 11:15 AM | Likes Like |Link to Comment
  • The Dividend Growth Investor's Version Of 'A Christmas Carol' [View article]
    Thanks Chuck. I have followed you from the beginning and have learned a lot (and made some money). Without your articles, my learning curve would have been much slower (and more expensive). Have a great Holiday!
    Dec 19, 2014. 04:28 PM | 6 Likes Like |Link to Comment
  • Wealth Accumulation With These 5 Dividend Growth Stocks [View article]
    Thanks for the article, Good companies, I've owned 4 and currently own 3. I do have one comment (opinion). I use a similar approach to get acceptable total return with a dividend component. however, I use dividend + anualized earnings growth ( for example NÉE is 3.1 yield + 7.4 10 year average earnings growth = 10.5). A companies earnings growth seems much more basic to the business than the board of director directed dividend growth rate. Also, again I would rather base entry point on earnings. ie, when the PE drops below a predetermined value indicating indicating one is buying the earnings capability of the company at a bargain.
    Oct 13, 2014. 03:57 PM | 2 Likes Like |Link to Comment
  • How To Withdraw Money Sensibly From Your Retirement Portfolio: Part 1 [View article]
    Great article Mr C. It reminds me, however, of a topic I would love to see you address. I have a nice DGI portfolio in an IRA that supplies my wife and I with more than adequate income for our basic lifestyle. Left to my own I would only sell to pick a few weeds. However, in two years I start MRDs (Minimum Required Distributions). MDRs sort of decimate DCI portfolios. One quickly has to sell much more stock in a year than is required to live on. One could reinvest after tax money in DG, but what is the point when one will have more income than needed for longer than any possible life span. So with MRD should one go for growth and leave it to the kids, stick with DG, say the He** with it and spend it. PS, really not whining, its a nice problem to have, but I have never seen any good strategies on what to do with MRD money.
    Sep 30, 2014. 01:39 PM | Likes Like |Link to Comment
COMMENTS STATS
230 Comments
453 Likes