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gfmn2000

gfmn2000
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  • Retirement Strategy: The Withdrawal Phase Might Not Be As Frightening As You Think [View article]
    We have a few more years to go but our plan is rather simple. When we retire we will live on social security and dividend income. We expect our dividend income to grow at a greater rate than inflation. We will live within our means just as we always have. So whether we live to 70 or to 110 we are covered. Whatever the principle amount is that is left will go to our daughter.

    One other thing. They don't give trophy's for higher account balances when you die. So we won't be doing much reinvesting in retirement. All retirement income will be enjoyed. Whether it is extra trips, eating out more often or just giving it away.
    Jul 5, 2015. 09:41 PM | 7 Likes Like |Link to Comment
  • Can You Retire Worry-Free On Less Than $1 Million? [View article]
    >>>Because the cost of living is so high where I live in Connecticut and Florida, I would need an income of at least $30,000 a month to retire comfortably and worry free. No way is that possible with investments of only one million dollars.<<<

    How much cost of living varies in this country amazes me. My mother is retired, lives in a gated community with golf course, pool, and security etc. She does this with social security and a small portion of her dividends. She has no pension. Her investments are in the $675-$725k range. Her yield is around the 3.5% range I would guess. She currently reinvests at least 2/3 of her dividends. She is in her late 70's and paid a little Federal tax and no state tax this year. Home, cars and all else are paid for.

    She don't travel much and lives rather simply. Golf is what she enjoys. Overall she does quite well on less than $30,000 in expenses each year.
    Jul 5, 2015. 09:14 PM | 11 Likes Like |Link to Comment
  • Retiring Early: Lost Savings [View article]
    They don't give trophy's for dying with a higher account balance.

    Retire when you can afford it and enjoy it.
    Jul 4, 2015. 11:14 PM | 2 Likes Like |Link to Comment
  • Seeking Alpha Contributors And Commenters Pick The Best Dividend Growers For The Next 5 Years [View article]
    >>>When considering a new position, what metrics do you examine to help ensure strong accelerating dividend growth for the next five years?<<<

    Bob,

    Great topic. And to answer your question I use a stock screen that I put together as a starting point.

    The Screen is:
    Div growth 5 years >5% or equal.
    Market Cap >200 million or equal.
    Cash flow growth (5 yr) >1% or equal.
    Div yield >2.2% or equal.
    Debt to cap 50 or less.
    P/E (current yr est) 18 or less.
    Div payout % 60% or less.
    Return on equity >5 or equal.
    S&P Capital IQ Earnings & Dividend Rank.

    The screen currently returns 70 names. It is best to consider quality to rule some out. I usually start with the S&P Capital IQ Earnings & Dividend Rank and sort from best to worst. Some examples currently on the list that S&P ranks A- or better are (A+) EMR, JNJ, NWE, RTN, UTX and (A) DOV, NSC, and (A-) CMI, TROW.
    Jul 3, 2015. 11:37 PM | 1 Like Like |Link to Comment
  • Seeking Alpha Contributors And Commenters Pick The Best Dividend Growers For The Next 5 Years [View article]
    Jack Reacher,

    I agree with those that are questioning the fees associated with the fund you link. No good reason to pay such high fees these days.

    For those that prefer the mutual fund or ETF route I would consider Vanguard's VIG, VYM or VEIPX. Another low fee option is Schwab's SCHD. These are all low fee and typically hold high quality dividend paying companies.
    Jul 3, 2015. 10:39 PM | 2 Likes Like |Link to Comment
  • Seeking Alpha Contributors And Commenters Pick The Best Dividend Growers For The Next 5 Years [View article]
    Scott,

    Love the story about your Grandma! My mother who is 78 is invested in GILD, COST, LOW, and GOOG along with many of the usual DGI names.

    She is still mad at me for talking her out of investing in FB when it dropped into the low 20's back in 2013.
    Jul 2, 2015. 11:21 PM | 3 Likes Like |Link to Comment
  • Panic Selling Has Put Magellan Midstream Partners On Sale [View article]
    Agree with you on PAA. Recently added more.
    Jul 2, 2015. 08:33 AM | 2 Likes Like |Link to Comment
  • Panic Selling Has Put Magellan Midstream Partners On Sale [View article]
    MMP grew into my largest holding as I invested in it back in 2007 and still is even with the pullback. May add a little more. Thanks for the article, good information on an excellent company.
    Jul 1, 2015. 10:11 PM | 1 Like Like |Link to Comment
  • How To Be Sure You Won't End Up Eating Cat Food In Your Retirement [View article]
    Alexander,

    I have much in common with you. Born in 1958, my income a little less but close, my wife works part time and we paid our home off about 15 years or so ago. And it is hard to relate to these high incomes. And I don't understand so much debt. The only thing I owe on is a car for my daughter who is still in school.

    I can drive over to the lake about 4 miles away and fish around million dollar homes all day long. And the trip over and back pass mobile homes that folks live in that are not worth as much as their old cars that sit in their yards.

    I often wonder about the difference between the two. Is it hard work, luck or a combination of the two?

    As for me I am ok with being somewhere around the middle. I don't have a specific number in mind for retirement but I have a pretty good idea. And when I get there I will adjust my spending up or down and live within my means. Just as I always have.
    Jun 30, 2015. 10:45 PM | 1 Like Like |Link to Comment
  • Learning From The Masters: Q&A Session With David Van Knapp [View article]
    >>>>and then I was literally a rocket scientist<<<<

    I tell people Dividend Growth Investing is so easy, it's not rocket science. I tell them go to SA and read articles by DVK. Now we learn you are a Rocket Scientist. Oh well.

    Enjoyed the article!
    Jun 24, 2015. 10:11 PM | 5 Likes Like |Link to Comment
  • Medtronic declares $0.38 dividend [View news story]
    I have no idea why my comment here posted 5 times except that I posted it from my new smartphone. I think maybe it "really, really" liked it a lot.
    Jun 20, 2015. 05:15 PM | 1 Like Like |Link to Comment
  • Medtronic declares $0.38 dividend [View news story]
    I like it. Nice raise.
    Jun 19, 2015. 04:12 PM | Likes Like |Link to Comment
  • Medtronic declares $0.38 dividend [View news story]
    I like it. Nice raise.
    Jun 19, 2015. 04:12 PM | 1 Like Like |Link to Comment
  • Medtronic declares $0.38 dividend [View news story]
    I like it. Nice raise.
    Jun 19, 2015. 04:12 PM | Likes Like |Link to Comment
  • Medtronic declares $0.38 dividend [View news story]
    I like it. Nice raise.
    Jun 19, 2015. 04:12 PM | Likes Like |Link to Comment
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