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WmHilger1

WmHilger1
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  • The 3 Paradoxes Of Income Investing [View article]
    six & Rick, it can if you buy high yield stocks like I do! My portfolio pays me ~12.5% on over $!,25M, which would be ~$62,500 annually on a $500K portfolio. Then add in SSA of about $35K. Now that isn't enough for a live-it-up retirement, but there are many people who get by on much less than that!

    Just get some balls and get the hell out of low yield stocks that pay 3-4%. I did and have NOT regretted that decision!
    Mar 30, 2015. 10:17 PM | Likes Like |Link to Comment
  • The 3 Paradoxes Of Income Investing [View article]
    Hi Bill, even though I don't usually make stock recommendations, I can't resist it for someone else named Bill. Right now I like AI, KCAP, and NYMT. I have made many $ on them!
    Mar 30, 2015. 09:39 AM | 1 Like Like |Link to Comment
  • The 3 Paradoxes Of Income Investing [View article]
    Pen, that is also approximately the way that I handle this paradox. I like to keep my capital working for me as much as possible. However, I invest solely in high yield dividend stocks in such a way that I always have more coming in than I spend. That way, when/if the situation warrants it, I can always cut back a little farther on my current expenses and use that difference, along with the normal overage from the previously owned high yielding stock, to buy more high yielding stock.

    In effect, I eat part of my cake, and save part of it too! That is also a very good way to gradually increase my portfolio over time!
    Mar 29, 2015. 02:37 PM | 3 Likes Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    Bob, did I not say that my female companions (my wife is deceased) and I spent an average of ~$125,000 per year? That is what statistics calls a "mean"(average) over about the last 19 years, the ones for which I have reasonably accurate data. And I just bought the restaurant last year! I didn't go into all of those details before, because I didn't want to spend the time (mine or you readers) with all of that, but here it is!

    About $50,000 came from Social Security and annuities, and about the same amount was remitted to the IRS and state treasurer(s) each year. In fact, I have most of my income from those sources withheld and sent directly to the appropriate governmental collection agencies, which just about cover my annual tax requirements.

    So, please re-do your calculations using a drawdown of about $75,000/year. I think you will find that they paint a different picture than what you previously envisioned.

    And BTW, thank you for the favorable comment about my retirement. It is certainly NOT one of poverty and want, as is so often cited by the media for us senior citizens. And, it can (relatively) easily be achieved in the same manner by avoiding low yielding stocks, and bank and bond interest rates. I had a decently paying job, but it certainly would not have provided some of my present pleasures if I had not taken it upon myself to develop my own investment method, and STUCK TO IT!
    Mar 29, 2015. 11:40 AM | Likes Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    Maybe some of you commenters should read more closely before you post your comments. I, and my beautiful girlfriend, lived quite adequately on that dividend stream, plus Social Security and a couple of annuities, spending an average of ~125K per year over the past 10 years, and still having enough income to build my portfolio as mentioned.

    As for bank account interest, Phooey! I prefer to keep my money working hard for me so that I/we can take it easy. Banks are good to clear your checks through, but not to invest in or leave money with. And BTW, your mathematics could also use some work. That is an increase of >300%, not 50%, i.e., $1.25 M(illion) divided by 300K = 4.167, (minus 1) = 3.167 or a 316.7% INCREASE. And don't forget the restaurant. they didn't just GIVE it to me!!!!!! Please look, and re-check your figures, before you leap!
    Mar 28, 2015. 09:25 PM | Likes Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    Bruce, did you happen to read the first sentence of my most recent comment? My stock market experiences, and gains, have been since about 1980. This is NOT a recent runup caused by stock prices, it has happened over a time span of ~ 35 years of stock price fluctuations! In fact, I made the most money in 2008-10 when nearly everyone told me I was going to lose my shirt! I bought hundreds of shares of beaten down stocks that paid me good dividends, and held them to let the capital gains AND relatively high yields work for me.

    And I DO NOT invest for capital gains or a lucky guess. I invest solely for dividends and the long haul! A tax rate of 15% on my capital gains and some dividends, and the tax deferral situations with MLP stocks, make my tax returns look pretty good! I pay a helluva lot of taxes, but I can afford them, and I keep them as low as possible through active investing (my hobby)!

    Please read my bio! I am not a neophyte in the world of financial investing! I have some actuarial training and MUCH computer experience. These, the rule of 72, and various permutations of that rule, tell me that the suckers are those who buy Low Risk, Low Yield (LRLY) stocks and bonds, when they could do much better for slightly more risk with MRHY stocks. And very few C-Corp stocks meet all of the MRHY criteria! So why should I even consider them or read articles such as this that seem to indicate they are the best deal in town?
    Mar 28, 2015. 04:31 PM | Likes Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    My goodness! I'm so unknowing and stupid! How did I ever run my stock portfolio up from $300K in 1980 to $1.25M today, plus sole ownership of a restaurant, while ignoring the "expertise of the authors here"? And while also living off the proceeds from that ignorance?

    Wait a minute! Maybe it is because I completely ignored that marvelous advice and did my own thing?!? Or, maybe the rule of 72 doesn't really care what the experts say, especially when it is continuously applied to high initial yields such as 10% and 12.5%!
    Mar 28, 2015. 03:13 PM | 1 Like Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    Bruce, If I were to exclude BDC, REIT, and MLP stocks from any article, I would be excluding 95% of my portfolio. I have quite a problem with comments excluding those high yield stocks, and also with people who call 4% dividends high yield! I rake in over $150K annually from my MRHY stock holdings and damn sure wouldn't be living where I do now if not for them.

    I guess I'm in the wrong place, reading articles such as this? I certainly disagree with its premise! I feel that anyone who Pooh-poohs high yield stocks is not the kind of person from whom I want to read any more articles! GOODBYE!
    Mar 28, 2015. 12:25 PM | 1 Like Like |Link to Comment
  • Get U.S. Dividends From Canadian Dividend Stocks [View article]
    As a US citizen, I have purchased the following 3 Canadian stocks in the past few years. They are not listed in your article, but paid me some pretty good dividends in US$. BTW, these are the symbols on the US exchanges. I believe the Toronto exchange lists them without the F.

    COLFF
    ERF
    EXETF
    Mar 27, 2015. 09:38 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Crude Surges On Yemen Tensions [View article]
    Reminds me of a ?joke? I once heard. What moves forward like a rabbit and backward like a snail? Answer: Gasoline Prices at the Pump (;-o .
    Mar 26, 2015. 09:17 AM | 10 Likes Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    I have had the same problem as you. I went to and sometimes even paid various sources who said they could fix it, but didn't. Microsoft and my ISP were both adamant in blaming the other (the old blame-game). I eventually had to sign on to the ISP web site, with a corresponding increase in my costs.

    There are far too many web sites with their own protocol for sign-on and/or inter-communications between them. We need a standard way some of these details MUST be handled if they are going to have the privilege of being part of the internet! Without it, the World Wide Web is in peril of degenerating into a Babel of non-cooperating satellite sites!
    Mar 25, 2015. 03:48 PM | 1 Like Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    YES! We definitely need a way in which we can individually block out authors with which we violently disagree and/or whose articles tend toward the tedious and non-usable. My time is valuable to me and I especially dislike having to wade through a bunch of articles every day in order to separate out the useful from the useless!
    Mar 25, 2015. 03:20 PM | 4 Likes Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    Micrite, you said, "often find the discussion after an article is more interesting then the article itself". I do totally agree with you here!!! Not only do I frequently find the discussions more interesting, I find them to be much more valuable! I get many view points on the subject instead of the rather one-sided view of the author. Also, frequently more actionable!

    Many times I have skipped over the actual articles with their frequent charts and voluminous verbiage, seemingly put there just to flesh out the article; and concentrated on the comments where I, also frequently, learn something new and/or different!
    Mar 25, 2015. 03:04 PM | 26 Likes Like |Link to Comment
  • The Future Of Seeking Alpha [View article]
    As I've mentioned before, stock market investing is my hobby, and dividend income is my way of capitalizing on my hobby! I never intend to write an article for SA. I browse through the SA articles for my personal enjoyment and possible discovery of some pearls among them. I never pay for or even use a subscription service, but I am usually ready and able to submit my free comments on SA for whatever they are worth. Personally, I think they are worth much more than about 75% of the stuff that I do find here and I do benefit personally from my thoughts and actions (about 100K$/year over and above my other income).

    So, I wish you and the other "contributors" the best of luck in your endeavors to gain a little additional income. Feel free to even quote some of my musings if you wish. At my age and position in life, it is not my "cup of tea"! I prefer to be a "looker-on" and occasional commenter. And avid user advocate of MRHY!
    Mar 25, 2015. 01:05 PM | 14 Likes Like |Link to Comment
  • Investing In High Dividend Yield Stocks: A Sucker Bet? [View article]
    May I vigorously DISAGREE with this author? I invest in ONLY medium risk, high yield stocks and do very well. I have been doing my own investing for several years, and my average annual dividend yield is currently over 12.5%.

    I also DO NOT invest in mutual funds of any kind. I invest in individual stocks that I (ME) have researched and I have determined that they meet MY investing criteria. Asset mangers who set up the funds such as mentioned in this article have absolutely NO idea of my personal circumstances and needs!
    Mar 25, 2015. 09:43 AM | 7 Likes Like |Link to Comment
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