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Dennis Anderson

Dennis Anderson
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  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    And I am my own grandpa.

    http://bit.ly/1rIrKsN
    Jul 26 10:06 PM | 2 Likes Like |Link to Comment
  • Total Return BDC Portfolios For Q3 2014 [View article]
    VeroMike/BDC Buzz: I was going to add a similar comment about FSC, when I read your comments. I am long MAIN, ARCC, HTGC, AINV, & FSC. As we've gone through this series, I've questioned whether or not I should own FSC and also AINV. In general I'm a long term investor for dividends, and I look for steady growth in those dividends.

    Buzz, sorry to read that you will be cutting back on SA, but I will look forward to your weekly newsletter. I think other contributors are dealing with similar frustrations about the commentary on their articles. There are a few people who seem to feel their mission is in life is to hi-jack articles. I don't respond to them, and I don't think the author should either.
    Jul 25 01:29 PM | 3 Likes Like |Link to Comment
  • The Time To Hedge Is Now! July 2014 Update [View article]
    Vocuer: You don't mention the exp. dates for IWM and IBB. But based on your position in SPY, my impression is that you bought a LEAP (long term) but have a short term perspective. Why would you open a position expiring 12/2016 and then close it out now? Presumably the premium had a major time factor built in (maybe even 100% extrinsic value), which you simply gave away. A LEAP will take time to develop. If you are going to use a short-term perspective, use exp. dates that are also shorter term. I would also say that buying puts in this market has a very low probability of success.

    I followed Mark's series and opened eleven positions with exp. dates of 01/2015. Every one of them is under water right now, but I think it's still a little early for the market to make a dramatic drop (perhaps post-election). I don't follow these on a daily basis, but am only checking on the status at the end of each month.

    Good luck to you in the future.
    Jul 25 11:40 AM | 1 Like Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Dave you are certainly generating a lot interest and anticipation for your next adventure. I'm sure you will be heavily critiqued, but I'll be more interested in the process than in the actual stocks purchased. And you probably already know the dividends from the beach house may prove to be worth more than the stocks.
    Jul 23 12:27 AM | Likes Like |Link to Comment
  • No Fees Please! Create Your Own 'Mini-ETF' [View article]
    Mike: thanks for the different perspective of buying multiple stocks within a sector. I've tried to diversify across sectors, but now am at the point where I will either need to add to existing shares or add new companies.

    As to Ernest Wong above, I don't think your points are "problems." Mike may have understated the role of weeding out the laggards, but he did address the point. And after all, isn't the objective to buy the best?
    Jul 22 01:37 PM | 1 Like Like |Link to Comment
  • The Time To Hedge Is Now! July 2014 Update [View article]
    Mark: thanks for the update. I have been considering whether or not to add to my current positions with some of the stocks I didn't get into earlier, but so far just sitting tight. It's a bit disconcerting to see the market continue to rise, but it's early in the game. Positions in GT, KMX, LB, LVLT, MAR, MS, MU, RCL, STX, TPX, UAL, and hedged to about 20%.
    Jul 16 01:10 PM | 1 Like Like |Link to Comment
  • The Time To Hedge Is Now! Candidate Summary [View article]
    Mark: I was thinking that you planned an article on an exit strategy for this hedge plan. Are you planning an article, or am I mistaken?
    Jul 11 12:33 AM | Likes Like |Link to Comment
  • Dividend Growth Investing: Is It A Strategy Of Cliches? [View article]
    David F: you forgot . . . work smarter.
    Jul 8 07:17 PM | 1 Like Like |Link to Comment
  • Forget About SWANs, Fish And Chowder: Chase Yield In Retirement [View article]
    Mike, et al: Of course every contributor wants to be read. Nothing is worse than being ignored.
    Jul 8 12:40 PM | Likes Like |Link to Comment
  • Forget About SWANs, Fish And Chowder: Chase Yield In Retirement [View article]
    Well, hmm, I don't know what to make of this. I consider myself to be part of some sort of nebulous DGI crowd. The heart and soul of my portfolio are solid, dividend growing stocks. But I own REIT's, BDC's, one CEF, and I'm hedged against the next fallout with long term puts. Good-bye, I'm crawling back into my little closed-minded shell.
    Jul 7 03:52 PM | 3 Likes Like |Link to Comment
  • The Federal Required Minimum Distribution Schedule As A Retirement Savings Withdrawal Strategy [View article]
    Be Here Now: Yes, I've read through 590, and that's one reason why I raised the question regarding the opinion of the financial planner. I guess I wasn't trusting my own judgment, and I haven't had the opportunity to follow up with a CPA as yet.

    By the way, here's a shout out for your work developing the spreadsheets you mention above and in other streams.
    Jul 1 12:47 AM | Likes Like |Link to Comment
  • The Federal Required Minimum Distribution Schedule As A Retirement Savings Withdrawal Strategy [View article]
    LB: Your description fits my understanding. I questioned the planner repeatedly, because frankly I was incredulous. Nevertheless, she was adamant about her position. I definitely was asking about what I called a rollover, perhaps better phrased as a conversion, but not recharacterization.

    Reading David Fish's comment below makes me think she was fixated on recharacterization. We were meeting to discuss some strategies for SS and for my wife's pension. I came away believing that I was way ahead of her on several issues, but at least we had another set of eyes on our status and plans.
    Jul 1 12:39 AM | 1 Like Like |Link to Comment
  • The Federal Required Minimum Distribution Schedule As A Retirement Savings Withdrawal Strategy [View article]
    Left Banker: I had a financial planner tell me that if I convert a portion of my traditional IRA to a Roth IRA, the entire TIRA becomes taxable. I haven't found anything like this in the IRS rules. I understand the portion I withdraw and convert is taxable, but the entire account? Has this been true for you?
    Jun 30 06:38 PM | Likes Like |Link to Comment
  • The Federal Required Minimum Distribution Schedule As A Retirement Savings Withdrawal Strategy [View article]
    Carp, Be Here, & LB: Yup, understood that all the "IRA money is equal." My thought was that based on total returns, the 4% growth in assets is very conservative, and that's a good thing.
    Jun 30 06:34 PM | Likes Like |Link to Comment
  • The Federal Required Minimum Distribution Schedule As A Retirement Savings Withdrawal Strategy [View article]
    Thanks for the informative article. I'm approaching 67 and still working, but the question of the RMD and its impact has been weighing on me. Obviously I need to put my own numbers and assumptions into the table, but now it doesn't seem to be as ominous as I thought. It appears that your table assumes only capital appreciation with no dividend growth; is that correct? Or if you are including all growth regardless of the source, your assumptions are quite conservative, which is even more reassuring.
    Jun 30 11:39 AM | Likes Like |Link to Comment
COMMENTS STATS
348 Comments
431 Likes