Seeking Alpha

WmHilger1

WmHilger1
Send Message
View as an RSS Feed
View WmHilger1's Comments BY TICKER:
Latest  |  Highest rated
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    Please see the 2nd definition of piqued in any dictionary. Not "peaked". Although, since this is your own words, I suppose you are free to use whatever words you care to misuse.
    Oct 21 10:20 PM | Likes Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    I strongly recommend that everyone sign up for a Medicare Advantage plan if one is available to them. I have been with one ever since I turned 65, and I put my mother and now-deceased wife on it also. It has saved me thousands with their advantageously higher payments for almost every health need. I also have an ex-employer paid lifetime major medical plan that I got free when I took early retirement. Between the two, I hardly ever pay much of anything for my doctor or hospital bills, or even medicines!

    People, it is there for the asking and many plans cost nothing more than you being sure to pay your Medicare premiums! USE IT!
    Oct 21 10:13 PM | 2 Likes Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    Bruce, my system worked fine during the 2008-2009 time period. My dividend income went down by maybe 25%, but it didn't stop altogether. And I bought MRHY stocks with every cent that I could spare. I still have some of them. They have been chugging along all these years paying me an average of 10% annual income. Some of them have even quadrupled in price.

    If you intend to ever become big, you have to think big. I had faith in the American system and it paid off well for me! In point of fact, if financial Armageddon had descended upon us, we would have all been in the same dire situations, wouldn't we? So I really didn't extend my risk tolerance that much. I just took advantage of the situation and figured out how to gain a lot from it when/if things improved while also realizing that I wouldn't be hurt much more than everyone else if it didn't! Don't you wish that you had had that same forethought?

    I DID NOT reach for the highest yield. MRHY means Medium Risk, High Yield. I carefully researched the stocks that I bought to ensure they were truly "medium risk" by MY calculations. I did make a few mistakes but, overall, the high yields more than cancelled those out!
    Oct 21 07:10 PM | 1 Like Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    Bruce, what's wrong with that? I have 432K in BDCs, 422K in REITs, and a bunch in other stuff. I guess my risk tolerance level is much higher than yours!? It has to go somewhere and blue chips paying 3% or so don't even begin to interest me!

    Please read my latest comments on this subject! It works for me, in SPADES!
    Oct 21 06:38 PM | 2 Likes Like |Link to Comment
  • ONEOK Partners Set For 6% Yield And Double Digit Unit Price Growth [View article]
    Nice article about a stock that I have owned since 1982, and still own 1,500 shares (sold a few over the years). However, my calculations say that OKS is currently paying a dividend yield per unit of 5.911%. Very little price appreciation at present, but it is currently at about 4.5 times the price of my first purchases (adjusted for the 2-1 share split of a few years ago), so I'm not complaining!
    Oct 21 09:09 AM | 1 Like Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    Good thinking, scubastevo! That is the way that I did it, only based upon what my now-deceased wife and I could invest while living slightly BELOW our income. I was mildly surprised and delighted when the yield numbers started climbing faster than I had anticipated! I could hardly believe how fast they went up and how quickly I got to my original 7 digit dollar goal. I even overshot the mark and I am quite glad of that! More for my hobby for me to play with, and more for me!
    Oct 21 08:45 AM | 2 Likes Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    They are almost all yielding 10% or more. I still have a few 6 percenters left over from when I first started. I am currently phasing them out in favor of 10 percenters. There are now 20 yielding over 13%.

    I prefer to not divulge any of my current holdings. That is your personal responsibility; to find them and research them for yourself! I will just say that I am well into the 25% income tax bracket.

    Try looking into the web site http://bit.ly/I81bHK and you will find plenty of my favorite stocks. I will also say that there are no (zero, nada) blue-chip stocks represented in my portfolio. Please read my portfolio.
    Oct 21 12:24 AM | 4 Likes Like |Link to Comment
  • Retirement Investing For Income ONLY: Doing It The Right Way [View article]
    Very good article, Bruce! I am living proof that it works. I have been doing what you propose for about 15 years with outstanding results! My portfolio is now in the 7 digits and my annual dividend income is now in the 6 digits. And selection of the stocks involved, which I presume you will discuss in later articles, fits very well with my personal investing philosophy of MRHY (Medium Risk, High Yield), except that my risk tolerance covers a range from 6% to about 15%. I average over 10% yield on my Pure Income portfolio and there is NO MAXIMUM income amount at which I stop trying for more. What I don't spend, I reinvest in more MRHY stocks and let that compounding continue.

    One thing that I would like to mention is that this method of operation is not easy and NOT fool-proof! It requires that I select my stock purchases carefully, that I keep careful tabs on the income percentages of my stocks, and delete any that fall below my requirements. This may be because the dividend has been cut, OR it may also be because the stock price has risen more than the dividends. In other words, if X=Y/Z and Z, the stock price, has risen more than Y, the dividends; X is forced down. There is, in fact a certain joy in the second causation, in that I then book a long term capital gain and recycle the cash into a different stock!

    BTW, this is my main hobby, along with commenting on Seeking Alpha. I get a lot of enjoyment from the mathematics involved, and especially every time that I review my (usually increasing) monthly brokerage statements! (;-} ! I am certainly glad that I examined the standard model of stock investing, decided that it was very wrong for me, and developed my current method!

    Please keep more articles coming! I don't have the time or energy to do it myself, but I do want many other investors to reap the benefits that I have.
    Oct 20 10:16 PM | 18 Likes Like |Link to Comment
  • These BDCs Are Getting Seriously Cheap, But Why? [View article]
    Why? Because so many stupid members of the investing community don't truly understand them! You lend to your neighbor through a BDC that vets the loan much more thoroughly than you could. He pays a high interest rate to the BDC for the loan AND very competent financial advice about how he should/could improve his business. He prospers from the advice and the additional capital. The BDC and you and he and the USA all gain GOOD money from the transactions!

    What could be more American than that? Certainly much more democratic and useful than some REITs that lend for mini and mega mansions that the customers frequently don't even need and may not even be able to afford!
    Oct 17 10:58 AM | 5 Likes Like |Link to Comment
  • Yield On Cost: A Vitally Important Consideration For Retired Investors [View article]
    Chuck, I have never before seen that description of YOC versus ROI. Is that a generally agreed upon distinction between the two? They have both seemed to me to define the TOTAL amount gained from ownership of the investment, regardless of where it came from and how derived.

    So, would ownership of a building or other real estate asset provide ROI but not YOC? Rental income, or even income derived from occupancy of an office building or shopping mall would provide ROI, and ownership of some strictly financial entity might even produce ROI and no dividends. Thus, BRK (and similar growth only stocks) could not be said to produce YOC since they do not pay dividends.

    I think people are getting a little too carried away with use of the term YOC. It means nothing that is not already encompassed within ROI. To me, it is all ROI. Away with YOC, its meaning is too narrow and ill defined!
    Oct 2 09:32 PM | Likes Like |Link to Comment
  • Yield On Cost: A Vitally Important Consideration For Retired Investors [View article]
    What is it with this current popularity of the term YOC (Yield on Cost). When I learned financial investing many years ago, we called it ROI (Return on Investment), which I think is a much better and more understandable term.

    YUCK ON YOC!!!!!
    Oct 2 09:32 AM | 1 Like Like |Link to Comment
  • Southern Company Is The Most Attractive High-Yield American Utilities Stock [View article]
    As I learned while taking many multiple choice tests many years ago, a statement such as "Every income investor would be wise to ensure that their portfolio contains one or two utilities stocks" is inherently WRONG! I do not own any utility stocks and probably never will again. I buy only stocks that will pay me at least 6% dividends, and preferably 10-12%.

    In my younger days, I fell for that propaganda and even owned some SO and Iowa Resources (?IOR?) "once upon a time". I got rid of them when I learned how many medium risk high yield stocks there are available (about 50 in my portfolio, at latest look).
    Sep 26 09:58 AM | 4 Likes Like |Link to Comment
  • The Mitigating Effect Of Reinvesting Dividends [View article]
    An interesting article that I find difficult to argue with, so I won't! I agree with many parts of it and disagree with others.

    However, I find that a reasonably sized portfolio heavily invested in a suitable diversity of medium risk, high yield stocks will effectively mitigate just about any investment environment, if your standard of living is also closely geared and highly coordinated to stay within the cash thrown off by that portfolio. Notice that I said diverse and high yield as well as standard of living. Lack of any one of those points can easily screw up the whole investment scheme, but expecting too much for the living standard, or an inability to modify it, can be the worst. In effect, "You can't make a silk purse out of a sow's ear".
    Sep 25 04:16 PM | 2 Likes Like |Link to Comment
  • Dividends Vs. Capital Appreciation: Wrong Question [View article]
    En Francais - Il n'y a pas argumenter sur le goût. On ne marie pas une poule avec un canard.
    Sep 23 08:20 PM | Likes Like |Link to Comment
  • Dividends Vs. Capital Appreciation: Wrong Question [View article]
    Dividends are here and now! Capital Gains are maybe someday! I will, and do, take good high-yield dividends over capital growth any day! And potential 300% CG is gambling, not investing! More people have gone broke looking for 300% gains than have ever done the same while pocketing dividends.

    Even in 2008-2009 while many highly regarded stocks went bust, I continued to collect very good dividends. I lived on those dividends and bought more shares of MRHY (medium risk, high yield) stocks which have appreciated up to 4 times their purchase price, either through outright CG or through purchases using my incoming dividends.

    BTW, I hate Qdoba, both as a stock and as a restaurant! You will never have to compete with me in either manner!
    Sep 23 10:21 AM | Likes Like |Link to Comment
COMMENTS STATS
1,083 Comments
1,917 Likes