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woodworker

woodworker
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CSX, CTL, FTR, JNJ, KO, MCD, MO, PBI, PEP, T, WMT
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  • New Yorkers passing on soda for water [View news story]
    I don't care which drink they buy at the local convenience store. Whatever it is (bottled water included) there is a high probability that it is either a Coke or Pepsi product. That is why I own stock in both companies
    Dec 27 01:02 PM | 1 Like Like |Link to Comment
  • McDonald's Hidden Source Of Value [View article]
    I bought McDonald's because in my opinion they are one of those wide moat companies that manufactures money. They are everywhere and the quality of their food is extremely consistent. I know this first hand. I have had Egg McMuffins in London, Rome and Lisbon. They were all, almost identical. Nobody else does that as well as McDonald's.
    Nov 22 03:53 PM | 1 Like Like |Link to Comment
  • DIY Dividend Investors Club (Part 3): Picking The Best Consumer Staple Stocks [View article]
    In my portfolio GIS is the Captain and KO is the Executive Officer.
    Nov 14 01:16 PM | Likes Like |Link to Comment
  • Altria - Diversified Portfolio Creating Brighter Prospects [View article]
    "However, it is expected that sales will continue to rise in the developing countries despite increasing pressure from anti-smoking campaigns..."

    I thought Altria's market was purely domestic and that Phillip Morris was the international arm of their operations. That is the primary reason I sold Altria and bought Phillip Morris. Am I right or wrong??
    Nov 14 12:54 PM | 3 Likes Like |Link to Comment
  • AT&T Fends Off Intensified Competition [View article]
    I just got done selling off all of my T. The dividend yield was nice. However, a dividend growth rate of about 2.5% per year is anemic at best. A dividend growth rate that low does not fit into my investment objectives.
    Aug 6 06:25 AM | Likes Like |Link to Comment
  • Coca-Cola Should Consider Offering Snacks To Increase Beverage Sales [View article]
    There is something that the article missed. Coke bottles and distributes beverages that are compatible with the local area they are selling to. I have traveled a significant part of the world. Coke is everywhere. They have a lot of brands we have never hear of. These are brands that sell great in that country but would fail in the United States and Europe.

    Also do not underestimate Cokes distribution capabilities. They probably the most widely distributed brand on the face of the earth.
    They do not depend on one secret formula.
    However, I do like the Pepsi business model of bringing snack foods and beverages together.

    I consider Pepsi to be a hybrid company and Coke to be a beverage company.
    That is why I have stock in both companies.
    Aug 1 09:03 AM | Likes Like |Link to Comment
  • What If You Can't Live Off The Dividends? [View article]
    I agree with you.
    I do not think I am going to need my IRA which is all low beta dividend stocks.
    Right now I am allowing the account to accumulate cash. I will use the cash to pay taxes on stocks that I have transferred to our taxable account.
    Jul 25 11:03 AM | 2 Likes Like |Link to Comment
  • How To Accumulate Your Nest Egg [View article]
    I agree with you completely about having a larger portfolio in a taxable account. I did not know about these things when I started investing (company 401K plans) in my early thirties. I did not learn about ROTH accounts until it was too late.

    I am now quite apprehensive about the tax bills I will see in 11 years. Right now I plan on trying to accumulate cash so I can just transfer the stock to a taxable account and pay the taxes without selling anything.
    Jul 12 10:23 AM | 2 Likes Like |Link to Comment
  • It's Time To Play Ball And Finally Do Dividend Growth Investing Right [View article]
    I dumped 90% of my position in T because their dividend increases have been less than 3% for the last 4 - 5 years.
    Jul 12 09:08 AM | 1 Like Like |Link to Comment
  • Slow And Steady Wins The Race With This Retailer [View article]
    I think my description of Walmart is quite accurate. They are a company that prints money and as a hobby the sell merchandise.
    Jun 3 09:54 AM | Likes Like |Link to Comment
  • Pitney Bowes Violated Every Principle Of Conservative Dividend Investing [View article]
    When I started managing my own investments in late 2009, PBI was one of the first stocks I bought. That yield looked so good. I also bought some FTR at the same time.
    I had visions of early retirement

    Within a few months I had learned a lot.
    I had made the classic newbie mistake, I chased yield.
    I dumped PBI, FTR and WIN.
    I eplaced them with KO, WMT, MCD, JNJ, PG, and other stocks of that same type.

    I learned a couple of lessons before disaster struck. Quality, debt, cash flow, payout ratio, growth and all of those other boring things matter. Since selling them, every one of those earlier stocks have cut dividends and their price plummeted.

    BTW take a look at AT&T's dividend growth. It is pathetic. I sold 80% of my stake in them several months ago.
    May 6 01:51 PM | 2 Likes Like |Link to Comment
  • 7 Investing Truths [View article]
    Larry

    Your article has provided me some additional confidence that I am looking at the right things before buying a stock. I have been doing this only 3 years.

    I once read (or heard) somewhere "manage your risks and the profits will follow). As a part of that I always look at how a company handled dividends during the worse parts of the recession.

    The last paragraph of Section 4 was especially helpful. I have never taken the approach of starting at the sector and then working in to identify the stock. It is so logical that it is embarrassing Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-siz... mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom... mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri",... mso-ascii-font-family:Calibri; mso-ascii-theme-font:m... mso-hansi-font-family:Calibri; mso-hansi-theme-font:m... mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:mi... didn't think of it myself.
    Mar 5 01:12 PM | Likes Like |Link to Comment
  • Coca-Cola's Dividend Increase: Revisiting The Story [View article]
    I was invested in CTL and KO both. Fortunately CTL made up only 1.14% of our portfolio. KO makes up 10.3%.
    I had planned on getting rid of the CTL for quite some time. I just never got around to it. I ended up with an approximate $9.00 pr share loss. I guess the lessons are:
    Buy quality
    Diversify (I am diversified)
    Don't procrastinate.
    Feb 21 02:46 PM | 3 Likes Like |Link to Comment
  • The Hard Truth Of Dividend-Growth Investing [View article]
    I guess I am a bit of a pig, I want dividend growth, earnings growth and the company's value to grow. If they don't meet all three I don't buy them. The average growth combined with the yield needs to exceed 10% per year. I give more points for dividend growth than I do yield.

    When I first started, I used the dividend Aristocrats and Champions list. In my opinion it is a place to go for ideas as to which stocks you may want to evaluate. It is a mistake to buy based upon those lists. A perfect example of that is CTL.
    Feb 20 04:35 PM | 4 Likes Like |Link to Comment
  • Coca-Cola Vs. PepsiCo: The Same Taste For The Stock Market Too? [View article]
    I bought KO about two years ago because the entry price was so low.
    I liked them because of their supply chain and durability. They continued raising their dividend during the worse parts of the recession.
    One year ago Pepsi had a stellar quarter. Revenues and profits both were up and the stock price dropped. It dropped because they announced they were going to spend $1B over 3 years to improve operations which would improve market share. Maybe most investors didn't like it, I loved it. To me it was proactive management that was not resting on its laurels.
    I immediately bought some PEP.
    Because of Pepsi's wide but related product diversification, I consider them to be only a partial competitor to KO.
    I sleep very well at night owning both stocks
    Feb 18 12:51 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
43 Comments
53 Likes