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woodworker

woodworker
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CSX, CTL, FTR, GIS, JNJ, KMI, KO, MCD, MO, PBI, PEP, PG, T, WMT
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  • 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
  • Dividend Growth Investors - Mind Your Own Business [View article]
    Investor B is the only one that doesn't have to rely on market timing in some form or fashion
    Aug 11 08:56 AM | 1 Like Like |Link to Comment
  • Why Coca-Cola Could Underperform This Sector Peer [View article]
    I made the comments about KO's distribution from personnel experience. I have traveled extensively. I have seen KO for sale everywhere including small Moroccan villages at the edge of the Sahara. I haven't seen Monster products anywhere I've been. If they are doing world wide distribution it hasn't been that long.
    Aug 1 08:33 AM | Likes Like |Link to Comment
  • An End To Our Relationship With Yahoo, A New Era For Equity Research [View article]
    I like it and I'm not even a contributor. All most all of my SA reading is because of email alerts or just logging in.

    Granted not all articles on SA are real good. However, assuming that SA readers are better informed and more serious investors, we should be able to discern the difference between those articles that are high quality and the ones that are not.
    Aug 1 08:27 AM | 1 Like Like |Link to Comment
  • Why Coca-Cola Could Underperform This Sector Peer [View article]
    I find it kind of hard to compare MNST and KO as peers for several reasons:
    **KO is found on all 7 continents of the world. I doubt MNST is
    **KO has a much broader product offering.
    **MNST Mkt CAP 11.2B, KO Mkt CAP 180.2B

    Because of the number of product offerings, distribution network, company size, market share and name recognition KO is definitely a wide moat company and at the age of 60 I need that kind or reliability.

    I agree with "Virginia Long View", you have made a good case for KO to consider purchasing MNST
    Jul 28 08:59 AM | Likes Like |Link to Comment
  • Dividends Do Matter - Especially In Retirement [View article]
    After experiencing 3 crashes and insterest rates at almost 0, DGI was the only viable option left to me. My wife retired and to supplement our remaining income we decided to go DGI. Right now, we are pulling about 5% out each year. The dollar amount we pull out each year has gone up, the percentage has remained static. I guess that is the inflation fighting growth part of it in action.We never sell any of the stock and some times buy a bit more. Since starting this process about 4 years ago, the account we pull from has gone up 30%.

    Because of day to day and month to month fluctuations and market crashes, the 4% sell off rule would have been a miserable failure.

    None of this is philosophical, it is just the way our financial world works best for us.
    Jul 18 10:05 AM | 8 Likes Like |Link to Comment
  • Johnson & Johnson: A Classic Buy The Dip Opportunity Right Now [View article]
    I have been looking all over and I am confused. Why did JNJ take such a big hit after such a good quarter?
    I am full loaded on JNJ (12% of my portfolio) and I don't plan on selling any of it. I bought most of it in 2009 and the last 100 shares on 5/12/2014 at 99.56 a share.

    I remember when I bought PEP. 2 days later was the earnings report and they had a great quarter. However, they lowered guidance because they planned on spending some of the profits reorganizing and improving the company. Because of that they took a hit. So I bought another 100 shares and made that much more money. However, I can not find a reason (or excuse) as to why JNJ has taken such a hit.

    Can somebody please enlighten me?
    Jul 17 03:28 PM | Likes Like |Link to Comment
  • 3 Reasons Why McDonald's Is A McSell [View article]
    You just saved me a lot of writing. I would also like to add to your comments. MCD has a worldwide presence that none of the others can compete with and they do while maintaining a high degree of consistency. I have eaten at MCD in 4 different countries outside of North America. 3 of them were very clean and all 4 had first rate service. The one that needed a bit of sprucing up was in downtown London close to Marble Arch. However, I did go in their during rush hour and it was packed solid with people. To me this whole article is about Public Relations. This early in the game that is not enough reason to sell MCD. Keep in mind, large corporations cannot turn on a dime when making changes on a global scale.
    Jul 4 07:20 AM | 7 Likes Like |Link to Comment
  • If You Like Coca-Cola, You Should Love PepsiCo [View article]
    That is the same rationale I used when I bought PEP after I bought a large position in KO. I am of the opinion that KO and PEP are only partial competitors because of PEPs large snack food business. On the other side of the coin, KO has a much more comprehensive distribution system in place. I have traveled 75% of the world and I have never seen a location that did not have KO products. I have even seen KO products in small out of the way villages at the edge of the Sahara on Morocco.
    Jun 30 09:38 AM | 1 Like Like |Link to Comment
  • AT&T: Compelling Even Without Growth [View article]
    I own KO, PG, and T. However, I am looking out a minimum of 15 years in front of me. Inflation is something that concerns me a lot. For the past 5 years the T dividend increases have been anemic at best. It is for that reason I sold 50% of my T stock about a year ago. The other advantage KO and PG have over T is their international exposure. I have seen KO products being sold on 6 continents out of 7. I haven't been to Antarctica, however I would be shocked if they don't have KO products their. I have also seen PG products in other parts of the world. My point is dividend safety and part of that safety is international exposure.

    As a comparison, assume you had acquired all 3 stocks in early 2007. During the recession T entered negative territory sooner, it went more negative and it took longer to enter back into positive territory. During that same time period the percentage of dividend increases from PG and KO were a lot more generous.

    Increases were:
    T 2009, 2.5%; 2010, 2.44%
    PG 2009, 14.29%; 2010, 10%
    KO 2009, 7.89%; 2010, 7.32%

    I plan on keeping our remaining T stock. However, I will not be adding to the position unless I see something truly remarkable.
    Jun 19 09:25 AM | 1 Like Like |Link to Comment
  • Grocery Store Wars: Procter & Gamble Vs. General Mills - Which Is The Best Investment? [View article]
    I have a large position in GIS and a moderate one in PG. Right now I am waiting for a dip so I can buy more PG.
    Jun 13 10:43 AM | Likes Like |Link to Comment
  • Bear Repellent For Your Stock Portfolio [View article]
    Late 2009 I fired the stock broker, liquidated all mutual funds and started buying stock. Some of my criteria were, Large Cap, and raised their dividend during the worst parts of the recession. PG and MCD were on the short list of stocks I came up with and I subsequently purchased them. There is one other thing I noticed about the Bear Repellent stocks. As compared to the S&P 500, it takes them longer to go negative and they recover a lot faster. To me these stocks represent a significant opportunity during a a down turn.
    I am waiting for a pull back so I can buy some more PG.
    Jun 9 08:38 AM | 5 Likes Like |Link to Comment
COMMENTS STATS
60 Comments
79 Likes