Benjamin Graham's Rules For The Common Stock Component: Hasbro Inc. [View article]
Bought HAS for my grandson's DRIP portfolio (rest of holdings - see my instablog). They has a great program. Owned it in my IRA, but sold it this past week.
"Americans back home didn't like seeing their boys coming home in body bags."
Forty-five years later, I still don't like seeing our men AND women come home like that. Or missing body parts.
I agree on the cap gains. I do sell calls against postions that may have run up past 'reasonable'. My Waste Management postion (200 shares) got assigned this weekend, but it had run up $10+ from where I bought it. I haven't been a buyer of anything lately. My last purchases were INTC for my IRA when it hit the 4% yield point. Otherwise I've been accumulating cash in both my taxable and tax deferred accounts.
Yeah. I'm pretty good at military history (took a semester of it as part of college ROTC back in 1970 - probably one of the best history classes I've ever taken). The Tet Offensive was a major loss for the NVA. Unfortunately, it was also marked the turning point on the homefront.
I agree, there is some additional upside left in the market. But considering I'm up 50% on both BA and PM, I'm getting a bit anxious. PM doesn't want to smoke $100, but BA.... Well, I just don't know where that bird is going to fly. In additon, I'm in GE at under $15. All in my taxable account. I'd love to take some profits, but I loathe the taxman.
Oh, and to add to the KO discussion (I'm also up nicely on that position), I prefer it in Glass. Just like beer, it just tastes better. Haven't tried the Mexican Coke that Sam's sells, but I also prefer real sugar to HFCS.
Dividend Growth And Me, An Anniversary Story [View article]
Love your articles.
"I learned the hard way that it's silly to quibble over nickels -- or even a percent or two -- for companies I plan to hold for years."
"You set a limit order but the market is sinking and you think, "Hmmm, I can get it even cheaper." So you adjust the order down a buck or two. Shortly after reaching your original price, the company you wanted stops retreating and then starts advancing. And your chance to get a good company at a good price is gone."
It's the internal struggle most of us fight. Human nature, being what it is, we all want to sell at the top and buy at the bottom.
How Investing For The Long Term Helps Reduce Market Risk [View article]
"...he will be going into Air Traffic Control"
I'm a retired ATC. Retired at 55 because the FAA was going to toss me aside at 56 (mandatory retirement). My daughter followed me into the field in 2008. She now works in the Houston area and has become a regular Texan.
I loved the work, but at times really hated the job. If ya get my drift...
The Chained CPI - How Big Of A Difference Does It Make? [View article]
"There is no way that taking SS early pencils out unless the beneficiary has cause to believe they will not live long. Or, unless the beneficial really, really needs the cash at age 62 or full retirement age."
The Gubment might not be the smartest guy in the room when it comes to spending and budgets, but they remarkably, have good actuaries.
As you stated, you should not have started taking your benefit while you were still working. The TaxMan will always get their pound of flesh.
Everyone's financial situation is different. And many of them are unique. Pensions, IRA's, 401k's, savings, etc. all have bearing as to when the best time to start distribution is. In my case, I will start taking my benefit at 66 (full retirement age for me). However, my wife will not take her's until age 70 (or when I die if that happens before her 70th birthday.
But back to the article: Chained CPI is not something, IMHO, that any seniors or near-seniors should be supporting.
Dr Pepper's Dividend Increase Makes It A Great Stock For Dividend Growth Investors [View article]
Just saw a piece on television that Clamato is a huge hit in Mexico.
Long DPS in my grandson's DRIP account. (see my instablog for his other holdings)
Benjamin Graham's Rules For The Common Stock Component: Hasbro Inc. [View article]
Why I Am A DG Investor [View instapost]
Forty-five years later, I still don't like seeing our men AND women come home like that. Or missing body parts.
I agree on the cap gains. I do sell calls against postions that may have run up past 'reasonable'. My Waste Management postion (200 shares) got assigned this weekend, but it had run up $10+ from where I bought it. I haven't been a buyer of anything lately. My last purchases were INTC for my IRA when it hit the 4% yield point. Otherwise I've been accumulating cash in both my taxable and tax deferred accounts.
Why I Am A DG Investor [View instapost]
I agree, there is some additional upside left in the market. But considering I'm up 50% on both BA and PM, I'm getting a bit anxious. PM doesn't want to smoke $100, but BA.... Well, I just don't know where that bird is going to fly. In additon, I'm in GE at under $15. All in my taxable account. I'd love to take some profits, but I loathe the taxman.
Oh, and to add to the KO discussion (I'm also up nicely on that position), I prefer it in Glass. Just like beer, it just tastes better. Haven't tried the Mexican Coke that Sam's sells, but I also prefer real sugar to HFCS.
Peace Bro....
Why I Am A DG Investor [View instapost]
I was a Senior in High School during The Tet Offensive. I recall the nightly news. That didn't look like a good time.
The only thing that has me spookedright now, is this crazy market. I may buy some puts on a couple key positions.
One Proposal To Fix Social Security [View instapost]
Yep.
Ya' know... I've never had a nanny. I don't need a nanny. I don't want a nanny. Why do the Gubments think they should be one?
Approaching Retirement: Things To Consider Concerning Social Security [View instapost]
Not true.
Guaranteed Retirement Accounts: Good Idea Or Not? [View instapost]
Talking points created by the same people that claimed Benghazi was just a civil demonstration.....
Guaranteed Retirement Accounts: Good Idea Or Not? [View instapost]
Dividend Growth And Me, An Anniversary Story [View article]
Dividend Growth And Me, An Anniversary Story [View article]
"I learned the hard way that it's silly to quibble over nickels -- or even a percent or two -- for companies I plan to hold for years."
"You set a limit order but the market is sinking and you think, "Hmmm, I can get it even cheaper." So you adjust the order down a buck or two. Shortly after reaching your original price, the company you wanted stops retreating and then starts advancing. And your chance to get a good company at a good price is gone."
It's the internal struggle most of us fight. Human nature, being what it is, we all want to sell at the top and buy at the bottom.
How Investing For The Long Term Helps Reduce Market Risk [View article]
I'm a retired ATC. Retired at 55 because the FAA was going to toss me aside at 56 (mandatory retirement). My daughter followed me into the field in 2008. She now works in the Houston area and has become a regular Texan.
I loved the work, but at times really hated the job. If ya get my drift...
The Chained CPI - How Big Of A Difference Does It Make? [View article]
The Gubment might not be the smartest guy in the room when it comes to spending and budgets, but they remarkably, have good actuaries.
As you stated, you should not have started taking your benefit while you were still working. The TaxMan will always get their pound of flesh.
Everyone's financial situation is different. And many of them are unique. Pensions, IRA's, 401k's, savings, etc. all have bearing as to when the best time to start distribution is. In my case, I will start taking my benefit at 66 (full retirement age for me). However, my wife will not take her's until age 70 (or when I die if that happens before her 70th birthday.
But back to the article: Chained CPI is not something, IMHO, that any seniors or near-seniors should be supporting.
Unless your Warren Buffett....
PIMCO's Dynamic Income Fund Is A Buy [View article]
The Chained CPI - How Big Of A Difference Does It Make? [View article]