Joeswindon

Joeswindon
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  • These Stocks Are Proven Over Time: Johnson & Johnson  [View article]
    Allday,
    Sorry if we got off on the wrong foot.
    I'm just in awl about your method (ex cap at 500) and that was the point that I was trying to make.
    You obviously succeed at what you are doing and I can only wish you further success. I just (point blank) do not get the logic of your method. Especially at capping at 500 (or so) and having such a large portfolio (ex 75+ stocks). The large portfolio, OK I can see it now; you have retired and your have time and interest in managing such a large project.
    I merely suggested contacting a CFP to get a second opinion, as I was concerned as a fellow investor and I had no idea that you had already done so. I'm glad that you have that covered.
    With what you say, you certainly have a good hold on your finances. I should not have pushed you with my concerns, but they were concerns for your financial well being. I will look at your method (ex 500 or so cap) and see if others do this method. To me, it just does not make sense - but it must work for you - I just do not understand it.
    I, at no time, hinted or suggested that you were lying - absolutely not and sorry if I can across that way.
    As you said, you did not at any time, push your method onto others and you were just sharing your ideas and experiences and I accept that. I was just concerned.
    I wish you all the best for 2016.
    I would like to research a little more about the cap at 500 or so method.
    Jan 1, 2016. 01:59 PM | Likes Like |Link to Comment
  • These Stocks Are Proven Over Time: Johnson & Johnson  [View article]
    Yes, I agree with that. I see the 'logic'.
    Jan 1, 2016. 01:32 PM | Likes Like |Link to Comment
  • These Stocks Are Proven Over Time: Johnson & Johnson  [View article]
    Allday,
    I'm just so really 'spooked' by your method.
    As you say 'if it works for you', however your 'limit the number of stocks to 500 or whatever' makes little sense, as already pointed out by 'retirement is under-rated'.
    Again, it's your money and your decision but to limit your allotment to 500 (or whatever) makes little to no sense. The shear number of different stocks in your portfolio is huge (ex 75) and even though you manage to check them every day it is too much for most of us. I would suggest that you go to a professional adviser and have a full review of your portfolio's. Getting $30k dividends a year from your IRA, OK does sound impressive, but I struggle to understand it. Your total annual selling fees must be enormous, from your culling activities. I maybe wrong, but I expect most people do not follow your idea of investing (500 rule), but you obviously find it 'good' and it is your money. Do you actively monitor your performance, do you have benchmarks (or just look at the bottom line)?
    Dec 31, 2015. 02:21 PM | 1 Like Like |Link to Comment
  • Philip Morris International: Should You Expect A Dividend Raise In 2016?  [View article]
    moatfrog you are missing all the benefits that you get from all that second hand smoke.
    Dec 30, 2015. 02:20 PM | 2 Likes Like |Link to Comment
  • Xerox: A Dead Stock?  [View article]
    Xerox is an abysmal company. I have to suffer it's products at work - hopeless. What is worse still is that my company that I work for, has transferred it pension obligations to Xerox....and so we have to have their p155 poor printers and their management of my 401k retirement pension.
    Nov 14, 2015. 02:00 PM | 1 Like Like |Link to Comment
  • Beats 1 Is The New iPod And Apple's Latest Bet  [View article]
    The one thing that kills any radio station is COMMERCIALS and the Shear lack of choice. Most radio stations are totally limited in playing a FEW songs because of copyright fees.
    Jul 6, 2015. 09:44 PM | 6 Likes Like |Link to Comment
  • Why I'm Buying Carnival And Selling Royal Caribbean Cruises  [View article]
    The best reason to own stock in CCL is the stockholder benefits? (ex Google CCL benefits). You need at least 100 shares of CCL to get onboard credits (ex free money). Our last cruise (Panama Canal) we got $200 in credits that we spent like cash on board - just for owning 100 CCL shares.
    We do not do cruises regularly but sometimes we cruise with Carnival and they are OK with no real big disappointments but I wish they had free wifi.
    Jun 14, 2015. 04:45 PM | 2 Likes Like |Link to Comment
  • U.K. passes cigarette pack branding ban  [View news story]
    Yep - Guiness may be next?
    Mar 14, 2015. 08:43 PM | Likes Like |Link to Comment
  • Verizon Is The Best House In A Challenging (And Changing) Neighborhood  [View article]
    How can you tell he is a man?
    Ans: By his beard.
    Feb 25, 2015. 01:07 AM | Likes Like |Link to Comment
  • BP Or Kinder Morgan For Your Retirement Portfolio?  [View article]
    I have BP and KMP but no KMI.
    Even so, BP is "still" getting dragged through the courts regarding the Gulf Oil Spill (-talk about flogging a dead horse) and also there is that turmoil in Russia.
    Nov 30, 2014. 04:05 PM | Likes Like |Link to Comment
  • 5 Myths About SeaDrill That Could Cost You Real Money  [View article]
    OK, so oil is cheap today - but that wind can soon change direction. And when it 'does', SDRL will be the right stock to own. Not sure exactly when, but oil prices will go up....always have and always will.
    Oct 19, 2014. 05:30 PM | 4 Likes Like |Link to Comment
  • Why Short-Term Uncertainty For Seadrill Is Temporary  [View article]
    I just can't wait to beat a 'good bottom'.
    Mar 19, 2014. 08:45 PM | Likes Like |Link to Comment
  • Kinder Morgan Discovers A Clever Way Around The Crude Oil Export Ban  [View article]
    Europe uses more gas than diesel, except, in England, we call it PETROL.
    Mar 10, 2014. 06:40 PM | 2 Likes Like |Link to Comment
  • 6 Dividend Stocks That Belong To Your Ideal Portfolio For The Next 5 Years  [View article]
    I'm long BP and SDRL.
    Only nit-pik comment is that it that it's kinda weird calling MO a 'food' conglomerate, as it is really a 'tobacco' (-unless you count 'chew-tobacco')?
    Mar 4, 2014. 08:41 PM | Likes Like |Link to Comment
  • Facebook: The Most Profitable Social Media Stock  [View article]
    LINKEDIN: There is a problem that I see with LinkedIn and that is the owners are SHORT SIGHTED, very much "unlike" Facebook. I use both LinkedIn and Facebook and whereas FB is ...completely free and easy, LinkedIn is restricted unless, you PAY for premium services. Using the free version of LinkedIn is possible, but it is like having 'one arm tied around your back'. To me it make no sence expecting people to pony up money to join what is a 'job hunting type social media club'. It does not seem to have the 'ease and sophistication' of Facebook. You cannot always e-mail people on LinkedIn unless you pay, therefore (me, being tight) I will not pay for the privilege.
    Bottom line; 'no one likes having to pay for what is essentially FREE everywhere else!
    TWITER: I have never used it. I think that there is a growing minority(?) of twitter people that regret joining (-ex tweeting). It kinda seems that you are just asking to be libeled and/or lose your job.
    FACEBOOK: Should be in for the long haul and is owner seems to have a vision?
    Feb 12, 2014. 07:55 PM | 2 Likes Like |Link to Comment
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