Seeking Alpha

woodworker

woodworker
Send Message
View as an RSS Feed
View woodworker's Comments BY TICKER:
CSX, CTL, FTR, GIS, JNJ, KMI, KO, MCD, MO, PBI, PEP, PG, T, WMT
Latest  |  Highest rated
  • Independent Thinking For Successful Dividend Investing [View article]
    I have been doing my own investments for 4-1/2 years. Your article ties in directly to what has been working for me.

    My biggest investment mistake was not firing the stock brokers years earlier.

    When people ask me about how I do it, I tell them the following based upon my limited experience:
    - Develop your own investment style and philosophy and stick to it.
    - Manage risk and profits will follow. This ties in directly to quality and research
    - Always do your own research, this means ignoring old and over-used truisms
    (I call them old wives tales) and go beyond the yield, price and P/E ratio
    - Never stop learning
    - Do not let emotions enter the mix
    - Patience, Patience, Patience
    - Learn from mistakes
    - Develop your own criteria as to when you should buy and sell.

    The above response is usually not well received. I find most people are looking for a quick and simplistic answer that requires very little mental effort on their part.
    I am lucky, I have no interest in football. This means I end up directing my analytical side toward stocks instead of a fantasy football team.
    Nov 20 08:55 AM | 6 Likes Like |Link to Comment
  • What Should I Do About Those Non-Dividend Paying Stocks I Received In A Spin-Off? [View article]
    From a value standpoint HYH comprises .107% or out portfolio. Not enough to make any difference. i will probably end up selling them to help pay the taxes on the KMP/KMI merger
    Nov 19 10:30 AM | 1 Like Like |Link to Comment
  • Successful Dividend Investing Requires Patience [View article]
    I am a big believer in your "Balance Up" approach. I buy the best quality stocks I can find. Once I own them, i find the thoughts of selling any of them to be quite painful. I use the dividends to do the "balance up" approach. In the long run it is probably a lot more profitable.
    Nov 13 11:22 AM | 2 Likes Like |Link to Comment
  • The Dividend Stock Bubble [View article]
    I am a dividend growth investor. However, I also believe a lot of the good quality dividend stocks are over bought and over priced.

    I bought most of my stocks in late 2009 and early 2010. Right now I am not buying anything, I am accumulating cash from the dividends. When interest rates go up and equities go south is when I will invest that accumulated cash. I see it as an opportunity.
    Nov 13 10:45 AM | 6 Likes Like |Link to Comment
  • We Don't Trust Wal-Mart [View article]
    If Walmart grows it's on-line presence like they promise, they should do quite well. Keep in mind, they have a massive distribution infrastructure already in place and the deep pockets required to become a significant player in the e-commerce arena
    Oct 23 10:34 AM | Likes Like |Link to Comment
  • Is Coca-Cola Still A Tasty Investment After Poor Q3 Results? [View article]
    I am long on KO and it is one of the core holdings in my retirement portfolio. However, why does management wait for a problem before reacting. I am referring to a lack of aggressive marketing and the streamlining of operations. These are things that should have been in place ahead of time. Furthermore, streamlining the operations for the purpose of reducing cost is a one time improvement.
    This tells me that management is reacting instead of being proactive. One of the reasons I bought some extra shares of PEP is because of the proactive approach that Indra Nooyi (PEP CEO) was taking to improve the company and they have done quite well since then.
    I guess what Buffet said is true,
    "...Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will"
    Oct 22 06:12 AM | Likes Like |Link to Comment
  • Procter & Gamble: The Ultimate Dividend Growth Story [View article]
    After reading the article I was going to write about Warren Buffet's quote about any idiot running a company and how it applied to PG. It looks like you beat me to it.
    Oct 12 06:57 AM | Likes Like |Link to Comment
  • Update: PepsiCo - Earnings Surprise And Above Average Valuation [View article]
    "...why others preferred Coca-Cola (NYSE:KO) over PepsiCo."
    Over half of PEP's business is snack foods and KO is 100% non-alcoholic beverages. As a result, I consider PEP to be only a partial KO competitor. I view PEP's snack food business as a compliment to many of KO's (and a lot of beer makers) products. That, combined with KO's world wide distribution capabilities is a couple of the reasons why I own both stocks.
    Oct 12 06:53 AM | 1 Like Like |Link to Comment
  • How A Company Like Procter & Gamble Can Save Your Retirement [View article]
    You pretty much nailed the investing approach and rationale I have been using for the last 5 years. I am one year away from retiring. Right now I am 100% equities because bonds scare me (interest rates going up). However, all of our money is in large cap companies that consistently raise their dividend, especially during the worse parts of the recession.
    BTW, PG is one of the stocks we have
    Sep 25 02:57 PM | 2 Likes Like |Link to Comment
  • What Should We Make Of The Most Recent Earnings Release From General Mills? [View article]
    A lot of experts recommend that you should own some foreign stocks or a mutual fund that specializes in foreign stocks. Because of their broad international exposure, I view GIS as a stock that satisfies the foreign exposure recommendation. Your article supports that view nicely.
    Sep 24 08:48 AM | 1 Like Like |Link to Comment
  • PepsiCo in the mix to provide school lunches in India [View news story]
    Indra Nooyi the PEP CEO has been pushing the company to develop and market a line of healthier products. This could help boost that effort and the stock price, which is a good thing for my portfolio.
    Aug 27 03:43 PM | Likes Like |Link to Comment
  • Kinder Morgan Inc.'s Mega-Deal: Lower Cost Of Capital And Maximum Optionality [View article]
    Good suggestions. I just sold 25% of our KMP at $99.32. We have held it since early 2010. I hope that and the cash premium on the other 75% is enough to cover taxes.
    Aug 20 10:39 AM | Likes Like |Link to Comment
  • Kinder Morgan Merging All Partnerships Into Single Company [View article]
    If you have KMP, will this be a tax free trade if we take all stock?
    Aug 11 03:59 PM | Likes Like |Link to Comment
  • Can You Rely On Income From Equities? [View article]
    I believe Warren Buffet said that bonds should come with a warning label
    Aug 11 10:56 AM | Likes Like |Link to Comment
  • Dividend Growth Investors - Mind Your Own Business [View article]
    Investor B is the only one that is not relying on market timing in some form or fashion.
    Aug 11 08:58 AM | Likes Like |Link to Comment
COMMENTS STATS
71 Comments
98 Likes