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gfmn2000

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  • Warren Buffett, Berkshire Hathaway, And Dividend Growth Investing [View article]
    Eddie,

    Excellent article with lots of great information. It is interesting to analyze and try to understand how one of the greatest investors of all time invests.

    I don't however put much stock in the concentrated portfolio though. Looking on page 111 of Berkshire's 2013 Annual report shows the listing of Berkshire's Operating Companies. If I count correctly there are 83 of them. I understand your article doesn't address this. But just wondering what Buffett's top 10 or 20 investments look like when looking at both the public and wholly owned companies.
    Apr 14, 2014. 09:35 PM | Likes Like |Link to Comment
  • Dividend Reinvestment Revisited: The Coca-Cola Millionaires [View article]
    tmoney094,

    Excellent comment and excellent start for a 20 year old. I bought my first stock 36 years ago at age 20. If you stick to the investing strategy you describe in your comment you will do very well.
    Apr 13, 2014. 08:27 PM | Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    >>>those Magic Pockets<<<

    Received my 2013 Realty Income Annual Report Saturday.

    Page 15 is titled: "THE MAGIC OF RISING DIVIDENDS OVER TIME"
    Apr 13, 2014. 06:05 PM | 3 Likes Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    >>>I find it Easier and More Productive to own the "best" 6-10 stocks rather than the 12 to 20 or so I use to own.<<<

    Don,

    How do you determine what the "best" 6-10 stocks are? Is that the strongest financially? Or the ones selling at the best value?

    I use to think 15 to 20 was enough. Then came Worldcom. I told myself that my investment was not so much a bad decision on my part as it was fraud on Worldcom's part. Then came Washington Mutual. It was the greatest and best run savings and loan in the country.

    There are 1000's of companies and it is a big world. For myself my core portfolio will come from around the 100 or so best dividend growth stocks that I can find. I want investment grade (BBB+) or better and I want to get them at good value. Whether I end up with 40, 50 or 60 doesn't really matter. 

    I just don't have enough confidence in the information available or in my ability to understand it to limit my investments to the 6-10 best.

    Apr 13, 2014. 05:53 PM | 4 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    >>>my portfolio has grown from 7 figures to 8 figures.<<<

    my portfolio is 8 figures. i do get to count the 12 cents at the end, right?
    Apr 12, 2014. 12:03 AM | 6 Likes Like |Link to Comment
  • How One Retiree Is Muddling Through Dividend Investing: Part IX - My Dividend Investment Business Plan [View article]
    >>>I would trade APU (many say is a box of matches) for STON.<<<

    muletrain,
    I own a small amount of APU and I would agree it should be watched. But compare the numbers of APU & STON and APU is better in most all areas. STON has too many negative numbers for me.

    Martin,
    Excellent article. I too have a plan, but it is all in my head. I need to take the time and put it in writing. I like the large number of holdings. I am thinking of at least 50 to 70 by the time I get to retirement. Good luck with yours!!!
    Apr 11, 2014. 11:47 PM | Likes Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    Bob,

    Thanks for the update. I have also recently added TGT to my portfolio and have been adding to my BAX. I also started a position in PAA. I continue to look for a good mix of lower yield/higher growth and higher yield/lower growth. Good Luck!!!
    Apr 11, 2014. 07:49 PM | Likes Like |Link to Comment
  • First-Quarter Portfolio Review: There's Change On The Way [View article]
    >>>Given the under performance as compared to the S&P and unwieldy number of issues held why not simply invest in an index fund?<<<

    Charlie,

    Bob has stated that he manages his portfolio to provide income at a lower beta than the S&P 500. His portfolio with a beta of 0.67 yields around 5% vs around 1.88% for the S&P. That appears to be excellent performance per his stated goal.
    Apr 11, 2014. 07:28 PM | 11 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    >>"A 400% Increase!!!"<<<

    If BAC does that for the next 6 years that will grow my $19 BAC dividends into $296,875. Just in time for retirement. I think my retirement planning is done.
    Apr 11, 2014. 08:32 AM | 7 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    >>>One of our holdings started in 1983 when Pop bought 100 shares of AT&T for about $53/share. <<<
    >>>We now have nearly 3000 shares of T and 776 shares of VZ.<<<

    snichols@go2nico,

    Your comment lead me to check my records. I bought 50 shares of ATT on 11-29-1979 at $55.09. Sold 50 shares on 10-19-1982 at $59.29. Had $210 capital gain and $1169 in dividends. Wow, sure am glad I sold in late '82 before it made the drop to $53!!!

    Seriously though, this is why selling great companies has been my biggest mistake in investing. I lost close to $10,000 in Worldcom but that does not even compare to what my stupid decision above cost.

    Apr 10, 2014. 06:55 PM | 4 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    >>>Therefore, now I am comfortable with spending my dividend income while relying on the dividend growth to keep my income ahead of inflation.<<<

    Dividend Dynasty,

    That's what I want my portfolio to do when I retire. That's one of my goals.
    Dividend growth investing in high quality, financially strong companies will get us there.
    Apr 10, 2014. 12:38 PM | 3 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    peace4,

    That is a great comment with excellent advice. And it confirms my plan.
    I am on the same page with you. Don't have a big income. I work full time and my wife part time. We are around median income level. Our modest 1600 square foot home is paid for. I did buy a new Chevy 4X4 truck. Bought it in 1999 and it is still going strong. We use coupons when we go out to eat and buy groceries. And I don't pay credit card interest. My American Express card pays me back cash to use it. Around $300 or so a year. We invest 12% to 15% of our income each year. Still got a ways to go but getting there.
    Apr 10, 2014. 12:29 PM | 4 Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    I agree with Mike and maybenot here that receiving dividends is addictive. And for me reinvesting them is also addictive. And I worry when the time comes that I actually have to spend them. I may freak out or something. But my hope is that I get to where peace4 is. I want to travel and enjoy them and still have a little left over to pick up a few more shares.
    Apr 9, 2014. 09:13 PM | 3 Likes Like |Link to Comment
  • Critical Mass: Defined Contribution Can Transcend State Of Crisis [View article]
    >>>I own AB<<<

    Me too. Just logged my $102 dividend from my March statement into Quicken.


    AB,
    Nice article. People do need to save more.
    One additional solution. Dividend Growth. I don't plan on touching my principle in retirement. AB could help folks with this solution and profit from it. 
    Apr 9, 2014. 08:13 PM | Likes Like |Link to Comment
  • April Showers Bring... Dividend Growth, Joy And Fun! [View article]
    All this "fun" being had here could have been avoided with an index fund.
    Apr 9, 2014. 06:33 PM | 4 Likes Like |Link to Comment
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