I'm an asset manager at Hebba Alternative Investments with a focus on real assets. In my articles I like to focus on events that affect the macro environment for assets (especially gold and silver), and also introduce readers to different metrics that I believe are under-utilized when assessing investments.
On a more personal note, I'm a firm believer that there can be honesty, morality, and integrity in finance (though its rare) and i'd like to believe that I stick to those principles. Thus I never "pump and dump" stocks, I always list the securities we own, and I take it very seriously when I recommend a company - I do not want to see any investors/readers lose money because of my recommendations.
I'm not always right with recommendations, but investors and readers can know that I always tell the truth (there is no deception) and I eat my own cooking as recommendations are either always owned OR the reason I dont own them is given (usually related to restrictions on stocks I can buy).
Advising people in financial matters is a serious issue and integrity is much more important than money to me, but I do believe both can co-exist. You live with money, but after your death you only have your morality and integrity and thus i've made my choice between the two. A bit philosophical for a bio, but I dont think there's a better way to give investors my background than that.
We offer investors a free weekly email list detailing gold, silver, and general economic markets which you can sign up for at: http://www.communitysynergy.com/subscribe/hebbainvestments_subscribe.html
Robert Hauver, MBA, is a Registered Investment Advisor Representative. He publishes The Double Dividend Stock Alert, a monthly investment newsletter that features the best dividend stocks and option selling strategies for income investors.
TipRanks rates DoubleDividendStocks in the Top 10 of all financial bloggers.
The https://www.DoubleDividendStocks.com website also features High Dividend Stocks By Sector Tables, and Covered Calls & Cash Secured Puts Tables, a Dividend Stocks blog, and a a Stock Market News & Data page. 845-225-4094
Arturo Neto, CFA – is an Investment Strategist and Business Consultant offering investment strategy services to small and mid-sized registered investment advisors. He was previously with EFG Capital from 2013 to December 2016 where he joined to co-lead the planning, development, and implementation of the Investment Strategy Group. He led the firm’s private placement due diligence efforts in addition to serving as a senior member of the team creating model portfolios, developing investment themes, managing tactical allocation strategies, monitoring portfolio management activities, conducting equity and mutual fund research, and preparing and delivering investment-related seminars and presentations. Prior to joining EFG, Arturo was an Investment Strategist at HSBC in a similar role.
During his 20 years of experience in financial services, he was also the Investment Officer for a Latin American multi-family office specializing in hedge fund and private equity investments and he has worked in a variety of roles within financial planning and analysis and strategic finance consulting. His career includes positions at Accenture, Gap Inc. American Express, and State Farm Insurance, as well as project work in a variety of other Fortune 500 companies. During his consulting and corporate finance tenures, Arturo’s primary focus was on practice management, process improvement, and financial analysis.
Arturo graduated from Florida International University with a Bachelor’s degree in Finance and a Master of Science in Finance degree and completed his Master of Business Administration degree from the Darden Graduate School of Business at the University of Virginia and he is a Chartered Financial Analyst (CFA).
He lives in South Miami and is married with one beautiful daughter.
Jeff is the President of NewArc Investments Inc., manager of both individual and institutional investments. Jeff is a registered investment advisor, and portfolio manager for NewArc's investment programs. Jeff is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. Jeff began in the financial business as Research Director for trading firm at the Chicago Board Options Exchange. He investigated anomalies in the standard option pricing models, taught classes for beginning options traders, and developed new forecasting techniques. In 1991 he established a general research consultancy, working with professional traders at all of the Chicago financial exchanges. In 1998 he started NewArc Investments, Inc. Jeff has a commitment to the specific needs of individual investors. It is not a one-size-fits all approach, but one that emphasizes the unique circumstances of each client. Jeff also serves on the board of two small technology companies (currently Chairman at one). He is occasionally as an expert witness in legal cases involving financial markets and hedging.
I own each of the 350 stocks listed below. Data is from early November. Retired at age 60, currently age 63. Living off pensions and social security. I do not intend to draw on dividends before 2017. Total Portfolio yield 3.32%.
Percentage of portfolio allocation based on dividend yield:
Growth yield, 0%: 13.0%
Growth and Income yield, 0.1% - 2.7%: 30.0%
Slow Growth and Income yield, 2.71% - 5.0%: 40.0%
Income yield, 5.1% and up: 17.0%
FastGraph Total Value Data if $10K was invested with all dividends reinvested for 19 year time frame unless stated other wise if you invested in that stock for that entire time:
Symbol : Descrip : Yield : Total Value : # yrs of accumulation
AAPL : APPLE INC : 2.0400 : $1,499,172 : 19
ABBV : ABBVIE INC : 4.3400 : $18,691 : 5
ABC : AMERISOURCE : 1.8600 : $131,147 : 19
ABT : ABBOTT LAB : 2.7300 : $24,463 : 19
ACN : ACCENTURE : 2.0300 : $98,348 : 17
ADNT : ADIENT : 0.0000 : xxxxxxx : 0
ADBE : ADOBE SYS : 0.0000 : $213,667 : 19
ADP : AUTOMATIC : 2.3700 : $75,117 : 19
AEP : AMERICAN EL : 3.9900 : $39,335 : 19
AFL : AFLAC : 2.4200 : $76,219 : 19
AGN : ALLERGAN : 0.0000 : $86,787 : 19
AHGP : ALLIANCE GP : 7.3900 : $26,175 : 12
AIG : AMERICAN INTL : 1.9200 : $86,787 : 19
ALGN : ALIGN TECH : 0.0000 : $67,318 : 16
AMAT : APPLIED MAT : 1.2600 : $106,283 : 19
AMGN : AMGEN : 2.7700 : $110,490 : 19
AMP : AMERIPRISE : 2.6400 : $30,189 : 12
AMT : AMERI TOW : 2.0400 : $48,905 : 19
AMTD : TD AMERITRADE : 1.6400 : $370,212 : 19
AMZN : AMAZON : 0.0000 : $5,033,670 : 19
ANET : ARISTA NET : 0.0000 : $14,102 : 3
ANTM : ANTHEM : 1.8400 : $62,533 : 16
AOS : AO SMITH : 1.0000 : $100,660 : 8
APD : AIR PROD : 2.4600 : $71,341 : 19
APH : AMPHENOL : 0.9300 : $521,038 : 19
APU : AMERIGAS LP : 8.1600 : $99,635 : 19
ARCC : ARES CAP : 9.6300 : $26,695 : 12
ARLP : ALLIANCE LP : 7.4500 : $210,304 : 17
ASIX : ADVANSIX : 0.0000 : xxxxxxxxxx : 0
ATVI : ACTIVISION : 0.7000 : $356,873 : 17
AVA : AVISTA : 3.3300 : $44,824 : 19
AVGO : BROADCOM : 1.1000 : $104,413 : 7
AVY : AVERY DEN : 2.2900 : $33,390 : 19
AWK : AMERIC WAT : 2.0200 : $42,372 : 9
AZO : AUTOZONE : 0.0000 : $252,295 : 19
BA : BOEING CO : 2.9200 : $39,033 : 19
BABA : ALIBABA : 0.0000 : $10,982 : 3
BAC : BANK OF AMER : 1.4800 : $11,625 : 19
BAX : BAXTER : 1.1300 : $33,476 : 19
BBL : BHP BIL : 4.6300 : $34,194 : 19
BCE : BCE : 4.7300 : $37,915 : 19
BCR : CR BARD : 0.5000 : $191,509 : 19
BDX : BECTON : 1.5700 : $107,662 : 19
BERY : BERRY PLAST : 0.0000 : $30,551 : 5
BFB : BROWN FOR : 1.5700 : $127,127 : 19
BGS : B & G FOODS : 4.4100 : $52,980 : 10
BIDU : BAIDU : 0.0000 : $203,050 : 11
BIG : BIG LOTS : 1.7.000 : $21,556 : 19
BIIB : BIOGEN : 0.0000 : $699,797 : 19
BIP : BROOKFIELD : 4.7300 : $64,689 : 9
BLK : BLACKROCK : 2.4600 : $299,257 : 18
BLL : BALL : 0.6700 : $99,257 : 19
BMO : BANK OF MONT : 3.8900 : $89,049 : 19
BMY : BRISTOL MYERS : 2.6900 : $37,289 : 19
BNS : BANK NOVA : 4.0700 : $54,296 : 19
BP : BP : 6.8900 : $20,618 : 19
BPL : BUCKEYE : 7.5500 : $118,312 : 19
BRKB : BERKSHIRE : 0.0000 : $24,345 : 12
BSX : BOSTON SCI : 0.0000 : $14,374 : 19
BUD : ANHEUSER : 3.4100 : $34,511 : 8
BURL : BURLINGTON : 0.0000 : $25,846 : 4
BWLD : BUFFA WILD : 0.0000 : $129,657 : 14
BYDDY : BYD COMP : 0.0000 : $14,3614 : 10
C : CITIGROUP : 1.1400 : $4,511 : 19
CAH : CARDINAL : 2.5600 : $32,423 : 19
CB : CHUBB : 2.1800 : $90,977 : 19
CBRL : CRACKER BARL : 2.8200 : $77,950 : 19
CE : CELANESE : 0.0000 : $56,508 : 19
CELG : CELGENE : 0.0000 : $2,231,715 : 19
*CEQP : CRESTWOOD : 11.0600 : $1,695 : 19
CERN : CERNER : 0.0000 : $270,039 : 19
CHD : CHURCH & DWIGHT : 1.5800 : $289,220 : 19
CHTR : CHARTER COMM : 0.0000 : $63,734 : 8
CIM : CHIMERA INVEST : 11.9500 : $5,597 : 9
CINF : CINCINNATI FINAN : 2.5500 : $67,030 : 19
CL : COLGATE : 2.3500 : $87,914 : 19
*CLMT : CALUMET : 0.0000 : $3,555 : 11
CLX : CLOROX : 2.7500 : $77,447 : 19
CMCSA : COMCAST : 1.5900 : $61,211 : 19
CMG : CHIPOTLE : 0.0000 : $77,953 : 11
CNC : CENTENE : 0.0000 : $168,412 : 16
COF : CAPTIAL ONE : 1.8100 : $89,689 : 19
COR : CORESITE : 3.0200 : $53,075 : 7
COST : COSTCO : 1.1800 : $184,380 : 19
CRM : SALESFORCE : 0.0000 : $185,115 : 13
CSCO : CISCO : 3.4800 : $50,685 : 19
CSL : CARLISLE : 1.2400 : $95,348 : 19
CTAS : CINTAS : 1.1600 : $68,637 : 19
CTSH : COGNIZANT : 0.0000 : $2,072,423 : 19
CVS : CVS HEALTH : 2.3100 : $94,814 : 19
CVX : CHEVRON : 3.9100 : $61,838 : 19
D : DOMINION : 3.8300 : $90,601 : 19
DEO : DIAGEO : 3.0900 : $46,418 : 19
DG : DOLLAR GEN : 1.2600 : $29,796 : 8
DHR : DANAHER : 0.6400 : $137,744 : 19
DIS : WALT DISNEY : 1.4500 : $54,656 : 19
DLPH : DELPHI AUTO : 1.7300 : $33,625 : 6
DLR : DIGITAL REALTY : 3.8300 : $111,079 : 12
DLTH : DULUTH : 0.0000 : $23,338 : 1
DLTR : DOLLAR TREE : 0.0000 : $193,610 : 19
DNKN : DUNKIN : 2.2400 : $20,380 : 5
DPM : DCP MIDSTREAM : 9.0500 : $29,089 : 12
DPS : DR PEPPER : 2.4200 : $37,527 : 9
DRE : DUKE REALTY : 3.0800 : $41,163 : 19
DUK : DUKE ENERGY : 4.6300 : $20,124 : 19
DY : DYCOM INDUST : 0.0000 : $140,099 : 19
EA : ELECTRONIC ARTS 0.0000 : $85,854 : 19
EADSY : AIRBUS : 1.6600 : $13,171 : 9
ED : CONSOLIDATED ED : 3.8100 : $40,834 : 19
EEFT : EURONET WORLDWIDE : 0.0000 : $56,760 : 19
EEP : ENBRIDGE : 9.6100 : $37,843 : 19
EFX : EQUIFAX : 1.1300 : $45,677 : 19
EPD : ENTERPRISE : 6.3100 : $79,927 : 12
ESRX : EXPRESS SCRIPT : 0.0000 : $605,298 : 19
ETE : ENERGY TRANSF : 6.4200 : $36,772 : 19
ETP : ENERGY TRANSF : 11.9900 : $38,328 : 19
EW : EDWARDS LIFE : 0.0000 : $264,348 : 17
EXPE : EXPEDIA : 0.8200 : $26,616 : 19
EXR : EXTRA SPACE : 4.4700 : $62,034 : 19
FB : FACEBOOK : 0.0000 : $40,794 : 19
FBHS : FORTUNE BRAN : 1.1300 : $44,096 : 19
FDS : FACTSET : 1.2400 : $387,984 : 19
FDX : FEDEX : 0.8500 : $91,770 : 19
FISV : FISERVE : 0.0000 : $179,873 : 19
FIVE : FIVE BELOW : 0.0000 : $12,113 : 5
FIZZ : NATIONAL BEV : 0.0000 : $117,020 : 19
FL : FOOT LOCKER INC : 1.5000 : $35,724 : 19
FLO : FLOWERS FOODS : 3.9600 : $109,025 : 16
FTV : FORTIVE : 0.5100 : xxxxxx : 0
GAIN : GLADSTONE : 9.2700 : $9,673 : 11
GD : GENERAL DYNAMICS : 1.7900 $99,132 : 19
GE : GENERAL ELECT : 2.9500 : $26,247 : 19
GILD : GILEAD SCIENCES : 2.5200 $961,090 : 19
GIS : GENERAL MILLS : 3.0600 : $51,761 : 19
GLP : GLOBAL LP : 11.4200 : $16,185 : 19
GNTX : GENTEX : 1.9600 : $78,232 : 19
GOOGL : ALPHABET : 0.0000 : $152,604 : 13
GPC : GENUINE PARTS : 2.7100 : $39,766 : 19
GRUB : GRUBHUB : 0.0000 : $11,842 : 2
GS : GOLDMAN SACHS : 1.2300 : $36,945 : 19
HAIN : HAIN CELESTIAL : 0.0000 : $177,150 : 19
HBI : HANESBRANDS : 1.8200 : $50,384 : 11
HCA : HCA HOLDINGS : 0.0000 : $22,243 : 6
HCN : WELLTOWER : 5.5100 : $108,937 : 19
HD : HOME DEPOT : 2.1100 : $131,250 : 19
HEINY : HEINEKEN : 1.6900 : $72,956 : 19
HELE : HELEN OF TROY : 0.0000 : $90,849 : 19
HEP : HOLLY ENERGY : 7.0600 : $51,834 : 12
HFC : HOLLYFRONTIER : 4.5000 : $264,301 : 19
HII : HUNTINGTON INGALLS : 1.3400 : $36,799 : 6
HOLX : HOLOGIC : 0.0000 : $54,400 : 19
HON : HONEYWELL : 2.3600 : $49,885 : 19
HP : HELMERICH : 4.0300 : $73,828 : 19
HRL : HORMEL : 1.9000 : $177,018 : 19
HRS : HARRIS CORP : 2.0400 : $81,833 : 19
HSY : HERSHEY : 2.5300 : $69,865 : 19
HUM : HUMANA : 0.55000 : $119,922 : 19
ICE : INTERCONTIN EXC : 1.2500 : $87,562 : 12
ICLR : ICON : 0.0000 : $119,922 : 19
INCY : INCYTE : 0.0000 : $80,877 : 19
INGN : INOGEN : 0.0000 : $32,861 : 2
INGR : INGREDION : 1.7000 : $103,711 : 19
INTC : INTEL : 2.9300 : $29,385 : 19
INTU : INTUIT : 1.2000 : $266,692 : 19
IP : INTERNATIONAL PAPER : 3.450 : 23,720 : 19
ISRG : INTUITIVE SURG : 0.0000 : $355,719 : 11
ITW : ILLINOIS TOOL : 2.0900 : $82,240 : 19
JAZZ : JAZZ PHARMA : 0.0000 : $64,437 : 10
JCI : JOHNSON CONTROLS : 2.5600 : $95,264 : 19
JNJ : JOHNSON & JOHNSON : 2.8400 : $73,057 : 19
JPM : JP MORGAN : 2.4400 : $40,066 : 19
KHC : KRAFT HEINZ : 2.8500 : $10,891 : 1
KKR : KKR COMPANY : 4.1500 : $22,917 : 7
KMB : KIMBERLY CLARK : 3.2100 : $41,885 : 19
KMI : KINDER MORGAN : 2.2800 : $8,240 : 6
KO : COCA COLA : 3.3800 : $24,960 : 19
KR : KROGER : 1.4300 : $36,782 : 19
LB : L BRANDS : 3.3900 : $58,340 : 19
LBRDA : LIBERTY BROADBAND : 0.0000 : $13,199 ; 2
LBTYA : LIBERTY GLOBAL : 0.0000 : $32,782 : 12
LEA : LEAR : 0.9300 : $40,627 : 8
LEG : LEGGETT & PLATT : 2.7600 : $37,194 : 19
LKQ : LKQ CORP : 0.0000 : $145,157 : 14
LLY : ELI LILLY : 2.6800 : $18,859 : 19
LMT : LOCKHEED MARTIN : 2.7500 : $70,742 : 19
LNT : ALLIANT ENERGY : 3.2500 : $56,216 : 19
LOW : LOWES COMPANIES : 1.9600 : $125,213 :19
LXP : LEXINGTON REALTY : 6.7200 : $27,622 : 19
LYB : LYONDELLBASELL : 3.8800 : $42,046 : 19
MA : MASTERCARD : 0.7200 : $239,522 : 11
MAIN : MAIN STREET : 6.2100 : $46,833 : 9
MANH : MANHATTAN ASSOC : 0.0000 : $88,786 : 19
MAS : MASCO : 1.2300 : $19,129 : 19
MBLY : MOBILEYE : 0.0000 : $8,536 : 2
MCD : MCDONALDS : 3.1400 : $72,085 : 19
MCK : MCKESSON : 0.7900 : $31,241 : 19
MDLZ : MONDELEZ : 1.7500 : $20,493 : 16
MDT : MEDTRONIC : 2.2000 : $40,627 : 19
MELI : MERCADOLIBRE : 0.3600 : $57,647 : 11
MFA : MFA FINANCIAL : 10.2400 : $54,231 : 19
MHK : MOHAWK : 0.0000 : $79,068 : 19
MHLD : MAIDEN : 3.6100 : $25,130 : 9
MIDD : MIDDLEBY CORP : 0.0000 : $1,301,751 : 19
MKC : MCCORMICK : 1.8500 : $95,179 : 19
MLM : MARTIN MARIET : 0.7600 : $127,396 : 19
MMM : 3M COMPANY : 2.5800 : $62,832 : 19
MMP : MAGELLAN MID : 4.8600 : $237,472 : 16
MNST : MONSTER BEV : 0.0000 : $11,935,569 : 19
MO : ALTRIA : 3.800 : $42,603 : 19
MOMO : MOMO : 0.0000 : $19,591 : 1
MPC : MARATHON : 2.970 : $26,810 : 5
MPWR : MONOLITHIC : 0.9500 : $80,246 : 13
MRK : MERCK : 3.0500 : $28,069 : 19
MSEX : MIDDLESEX : 1.9800 : $87,494 : 19
MSFT : MICROSOFT : 2.5500 : $94,213 : 19
MTCH : MATCH GROUP : 0.0000 : $12,375 : 1
MXIM : MAXIM INTEGRAT : 3.2900 : $65,23 : 19
NDAQ : NASDAQ : 1.9500 : $58,979 : 11
NDSN : NORDSON : 0.9900 : $95,386 : 19
NEE : NEXTERA : 3.0600 : $106,667 : 19
NHI : NATIONAL HEALTH : 5.0200 : $80,333 : 19
NKE : NIKE INC : 1.3900 : $84,144 : 19
NNN : NATIONAL RETAIL : 4.3300 : $107,952 : 19
NOC : NORTHROP : 1.4500 : $84,511 : 19
NS : NUSTAR ENERGY : 9.2100 : $46,972 : 19
NTES : NETEASE : 1.2900 : $3,157,907 : 17
NUE : NUCOR : 2.4100 : $59,420 : 19
NVDA : NVIDIA : 0.6000 : $453,736 : 19
NVEE : NV5 GLOBAL : 0.0000 : $37,338 : 4
NVO : NOVO : 3.0100 : $247,842 : 19
NWBI : NORTHWEST BANC : 3.3000 : $91,721 : 19
O : REALTY INCOME : 4.2800 : $166,197 : 19
OA : ORBITAL ATK : 1.4000 : $11,455 : 2
OHI : OMEGA HEALTH : 8.4800 : $35,165 : 19
OKE : ONEOK : 4.6000 : $133,150 : 19
OKS : ONEOK PART : 7.5200 : $118,498 : 19
ORLY : O REILLY AUTO : 0.0000 : $80,543 : 19
OXY : OCCIDENTAL : 4.3900 : $100,639 : 19
OZRK : BANK OF OZARK : 1.3700 : $427,854 : 19
PAA : PLAINS ALL AMERI : 6.9200 : $102,084 : 19
PANW : PALO ALTO NET : 0.0000 : $25,902 : 6
PAYC : PAYCOM SOFT : 0.0000 : $28,417 : 3
PAYX : PAYCHEX : 3.2000 : $75,046 : 19
PCLN : PRICELINE : 0.0000 : $28,643 : 17
PEP : PEPSICO : 2.9300 : $55,142 : 19
PF : PINNACLE FOODS : 2.2600 : $25,164 : 4
PFE : PFIZER : 3.8300 : $38,599 : 19
PG : PROCTER & GAMBLE : 3.2400 : $55,382 : 19
PHK : PIMCO HIGH INCOME : 3.9800 : $24,577 : 10
PLNT : PLANET FITNESS : 0.000 : $11,633 : 2
PM : PHILIP MORRIS : 4.6200 : $27,495 : 9
PPG : PPG INDUSTRIES : 1.6600 : $56,392 : 19
PRAH : PRA HEALTH : 0.0000 : $24,804 : 2
PRGO : PERRIGO : 0.6600 : $97,018 : 19
PSA : PUBLIC STORAGE : 3.9000 : $128,499 : 19
PSEC : PROSPECT CAP : 12.4200 : $21,462 : 11
PSX : PHILLIPS 66 : 2.9700 : $25,573 : 4
PTY : PIMCO CORPOR : 10.9400 : $27,629 : 11
PYPL : PAYPAL : 0.0000 : $10,569 : 1
QCOM : QUALCOMM : 3.1000 : $330,987 : 19
QSR : RESTAURANT BRAND : 1.4200 : $12,534 : 2
RAI : REYNOLDS AMERI : 3.3700 : $410,081 : 18
*RDSA : ROYAL DUTCH SHELL : 7.4100 : $15,005 : 19
REGN : REGENERON : 0.0000 : $211,717 : 19
RH : RESTORATION HARDWARE : 0.0000 : $7,721 : 5
RMD : RESMED : 2.1200 : $643,066 : 19
ROP : ROPER TECH : 0.6500 : $199,471 : 19
ROST : ROSS STORES : 0.7800 : $646,662 : 19
RSG : REPUBLIC SERVIC : 2.3100 : $42,055 : 19
RTN : RAYTHEON : 1.9800 : $66,491 : 16
RY : ROYAL BANK : 3.7200 : $145,614 : 19
SABR : SABRE CORP : 2.0100 : $14,543 : 4
SAM : BOSTON BEER : 0.0000 : $152,976 : 1
*SAN : BANCO SANTA : 3.8000 : $25,759 : 19
SBUX : STARBUCKS : 1.7500 : $322,871 : 19
SCG : SCANA : 3.2400 : $64,170 : 19
SCHW : SCHWAB : 0.7200 : $266,692 : 19
SE : SPECTRA ENERGY : 3.8600 : $21,614 : 10
SEP : SPECTRA ENERGY : 6.1600 : $24,032 : 10
*SFL : SHIP FINANCE : 12.3700 : $29,242 : 13
SHW : SHERWIN WILLIAMS : 1.2500 : $123,392 : 19
SJM : JM SMUCKER : 2.3600 : $98,205 : 17
SKX : SKECHERS : 0.0000 : $57,000 : 18
SLB : SCHLUMBERGER : 2.4500 : $41,159 : 19
SNA : SNAP ON INC : 1.6600 : $72,192 : 19
SO : SOUTHERN CO : 4.7100 : $46,857 : 19
SODA : SODA STREAM : 0.0000 : $11,654 : 6
SPB : SPECTRUM BRANDS : 1.2300 : $56,836 : 10
SPH : SUBURBAN PROPANE : 11.8600 : $74,504 : 19
SPR : SPIRIT AEROSYSTEM : 0.7000 : $18,319 : 11
SQ : SQUARE : 0.0000 : $10,116 : 1
SRCL : STERICYCLE : 0.0000 : $267,339 : 19
SRE : SEMPRA ENERGY : 3.0100 : $69,516 : 19
STZ : CONSTELLATION BRAN : 1.0200 : $615,275 : 9
SUN : SUNOCO LP : 15.5200 : $13,815 : 5
SWK : STANLEY BLACK : 1.9200 : $70,583 : 19
SWKS : SKYWORKS : 1.4100 : $89,001 : 13
SXL : SUNOCO LOGIST : 8.5800 : $168,621 : 15
SYF : SYNCHRONY FINANC : 1.5300 : $10,942 : 3
SYK : STRYKER : 1.3700 : $180,354 : 19
SYY : SYSCO : 2.4400 : $90,787 : 19
T : AT&T : 5.0800 : $33,478 : 19
TAP : MOLSON COORS : 1.6400 : $155,283 : 19
TCEHY : TENCENT : 0.2400 : $201,966 : 9
TCP : TC PIPELINES : 6.9100 : $113,642 : 18
TD : TORONTO DOMINION : 3.4600 : $143,469 : 19
*TEF : TELEFONICA : 10.5600 : $8,355 : 19
TEVA : TEVA PHARMA : 3.0600 : $82,836 : 19
TGT : TARGET CORP : 3.0800 : $104,612 : 19
THO : THOR INDUSTRIES : 1.4900 : $226,604 : 19
*TICC : TICC CAPITAL : 18.3000 : $15,490 : 19
TJX : TJX COMPANIES : 1.3100 : $387,491 : 19
TLP : TRANSMONTAIGNE : 6.5500 : $35,730 : 12
TMO : THERMO FISHER : 0.4200 : $36,562 : 19
TMUS : T-MOBIL : 0.0000 : $25,473 : 3
TOT : TOTAL SA : 5.7700 : $51,600 : 19
TRGP : TARGA RESOURCES : 7.0200 : $21,576 : 7
TSCO : TRACTOR SUPPLY : 1.2900 : $537,178 : 19
TSM : TIAWAN SEMI : 3.2000 :$114,295 : 19
TSN : TYSON FOODS : 1.5300 : $46,199 : 19
TSRA : TESSERA : 1.7700 : $27,218 : 13
TWO : TWO HARBORS : 11.1800 : $21,438 : 8
TWX : TIME WARNER : 1.7400 : $173,438 : 19
TXN : TEXAS INSTRU : 2.6900 : $108,485 : 19
UA : UNDER ARMOUR : 0.0000 : $112,269 : 12
ULTA : ULTA SALON : 0.0000 : $66,717 : 10
UNH : UNITED HEALTH : 1.6400 : $272,596 : 19
UNP : UNION PACIFIC : 2.4100 : $84,760 : 19
UVE : UNIVERSAL : 2.2200 : $576,776 : 19
V : VISA : 0.8300 : $54,981 : 19
VFC : VF CORP : 2.8900 : $102,960 : 19
VGR : VECTOR GROUP : 7.4500 : $478,103 : 19
VLO : VALERO ENERGY : 3.6800 : $109,531 : 19
VNTV : VANTIV : 0.0000 : $29,572 : 5
VRSN : VERISIGN : 0.0000 : $125,130 : 19
VTR : VENTAS : 4.8200 : $57,492 : 19
VZ : VERIZON : 4.6700 : $34,081 : 19
WAGE : WAGE WORKS : 0.0000 : $65,824 : 4
WBA : WALGREEN : 1.7900 : $111,721 : 19
WEC : WEC ENERGY : 3.5000 : $86,883 : 19
WES : WESTERN GAS PART : 6.0000 : $50,092 : 9
WFC : WELLS FARGO : 2.9100 : $68,050 : 19
WM : WASTE MANAG : 2.3600 : $30,562 : 19
WMT : WALMART : 2.8500 : $69,818 : 19
WPC : WP CAREY : 6.6700 : $93,342 : 19
WPZ : WILLIAMS PART : 9.0900 : $7,828 : 1
WSO : WATSCO : 2.8600 : $102,665 : 19
WTR : AQUA AMERIC : 2.4800 : $106,028 : 19
XEL : XCEL ENERGY : 3.4600 : $45,184 : 19
XOM : EXXON MOBIL : 3.4600 : $55,031 : 19
YY : YY INC : 0.0000 : $31,073 : 5
ZBH : ZIMMER BIOMET : 0.9500 : $36,587 : 16
++SPY : S&P 500 : 2.1 : $31,405 : 19
++SPY added as a comparison benchmark.
* Indicates stocks that I might sell.
In general there seems to be a correlation between high yield and substandard stock price performance (total return).
If the returns for each stock are added up it totals $61,617,911 for $10K invested in each stock. If only $200 was invested in each stock the $70,000 invested the value would be $1,232,358. This is about a 15.9% annual compounded return.
David White is a software/firmware/marketing professional and a long time investor. He has worked in the networking field, the semiconductor equipment field, the mainframe computer field, and the pharmaceutical/scientific instrumentation field. He has bachelor's degrees in bioresource sciences and biochemistry from U.C. Berkeley. He is a former Ph.D. student in biochemistry. He has done significant graduate work in EECS and business at Stanford (through SITN) and UC Santa Cruz. He was awarded a Certificate in Advanced Software Systems (about 1/3 of an MS in EECS) by the Stanford Computer Science Department. He also took most of Stanford's undergraduate Computer Science curriculum.
35 year investor in stocks and other wealth enhancing investments. High level corporate manager for 30+ years. Believes in simplicity, savings, and a goal of increasing net worth over time. Now in retirement, I want to introduce my simple philosophies to others who may be interested. My approach is simplicity, savings, wise investing and risk taking, and measuring.
2015: Most experience in equity, bond, and forex. Profoundly influenced by 2002 and 2008, where some top-rated holdings (eg. Enron, Lehman, Fannie Mae) disappeared, and others (eg. CSCO, INTC) never returned to prior highs.
The broader equity market is in an accelerating boom and bust pattern, where success is less dependent on financial sheet analysis and 'hold forever,' as it is timing and diversification. Current market is a Fed-driven liquidity bubble which is translating into historic equity bid. Major market correction pending within next 5 years, likely from Black Swan event.
Exited full equity investment in market-tracking ETFs in latter 2014. Currently in cash, laddered corporate debt, with small experimental positions in leveraged ETRAC-types and some beaten down high-dividend oil and commodities for trading. Trading criteria: 1) good balance sheet; 2) down >25% off 52-wk highs; 3) 5%+ dividend; 4) price volatility; and 5) a company I'm willing hold long-term and cost-average into as market collapses.
I find some SA contributors so focused on balance sheet discussions, they seem to lose sense of where we are in the larger market cycle. Buying full positions in great companies as long-term holdings at this point seems very risky.
My 2009 - 2014 profits (SPY 90% of holdings) were due more to government policy than my investing acumen - poor folks get food stamps, we investors get the big money hand-outs by the Fed.
The market may keep going up, but elementary risk/reward market analysis put my defense on the field. Making 4-8% in corporate debt and nothing in cash is fine for me. When opportunities present, I'll take them.
Have found SA contributors and posters very helpful and profitable.
Investing for 20 years, emphasizing stock picking for the last ten. Long-only, driven by valuation relative to risk and growth prospects. My contrarian approach works well during periods of volatility, typically trailing market returns during bull runs.
I am a dividend investor and look for undervalued investments in the stock market. I identify misunderstood and undervalued equity investments and hold those securities until their price approximates my estimate of intrinsic value. I am a long-term investor only.
I am building a $100,000 high-yield income portfolio. I am running this portfolio as an experiment to see if long-term sustainable income can be generated from a diversified pool of high-risk, high-yield securities. I am willing to accept high risk in order to meet my performance goals.
Background: Former securities analyst and brokerage firm owner and
Currently doing investment strategy consulting for institutional investors
Undergraduate degree from Northwestern, Economics
Taught Advanced Financial Markets Class at a University in Chicago
In to Yoga.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.
Matt Erickson is the CEO & Chief Investment Officer for Renaissance Capital Management, LLC. Matt is also the author of the recently published book by Wiley & Sons, "Asset Rotation: The Demise of Modern Portfolio Theory and the Birth of an Investment Renaissance".
Ranked #18 overall blogger by TipRanks for 2014.
University of Virginia, class of 2011 B.A. English
I am a young investor focused primarily on dividend growth stocks. Seeking Alpha, and more specifically, the dividend and income community that exists here, has played a significant role in my development as a portfolio manager. I am not a professional, though I do manage my family's finances. I enjoy the process; the research, the decision making, the strategic planning...and not paying a financial adviser to do the work for me. I've built what I believe to be a conservative, diverse, and balanced dividend growth portfolio currently consisting of 48 positions. Thus far, I've been able to meet by goals from income, income growth, and capital appreciation standpoints. I use a wide variety of metrics, both fundamental and technical, when establishing fair value when doing my due diligence on an individual company. All of my methods are discussed in my work here. I hope this work inspires debate, conversation, and education - this is why I write for Seeking Alpha, to give back to the community that has helped me so much and to hopefully contribute, in some way...even if its by posing a question, to the growth of others.
Lastly, I began doing this in early 2015 and I plan on continuing to do so: I donate as much of the earnings that I get from SA on a monthly basis to various charities. Depending on how active I am writing each month, and what sort of side projects I have going on at the farm my wife and I recently purchased, the amount donated each month differs. However, I am pleased to be able to give back - I think its important to stay grounded and gracious when focusing so much on finances and these monthly donations help me not to lose sight of generosity.
*I should note that all articles that I write here are done so for my personal informational/educational purposes only. Any purchases that I make or opinions that I express are not meant as recommendations for anyone else. Please perform your own due diligence before following my lead into or out of a position. I am not a professional. I enjoy investing and the open discussion that articles on this site inspire - this is why I write, not to influence anyone else's decisions, but to enhance my own ability to make sound financial choices. That being said, I wish the best of luck to everyone. May we all meet our own financial goals.
I am the investment manager for Darkravenwind LLC, a small software development consulting firm. 20% of our pre-tax revenue is my responsibility to invest and grow. I also help moderate the "Value Investing" group on Facebook. My hobbies include fighting the Fed, martial arts, and old video games.
I have been using value investing techniques as first described by Benjamin Graham since approximately 2005. I was wasting my life up to that point. My specialty, over and above corporate valuation, is analyzing people. Human behavior is remarkably consistent and can lead to huge gains when you understand what motivates them.
In my own portfolio, I have a diversified income focus with a preference for long term earnings and dividend growth. When a good opportunity comes along, I'll focus a large percentage of assets into that single holding. I'm also maintaining an income portfolio with a little over 180 high yielding companies inside of it as a bit of an experiment.
I was mostly self taught, but do have a partially completed business degree behind me as well. In 2008, I quadrupled my money in the crash, and saw numerous opportunities that I jumped on throughout the next few years. By 2012 my total portfolio was over 50,000% higher than when I had first started.
I was previously an employee at Countrywide Financial Corp., and was present during the mortgage meltdown. I saw firsthand how the company was falling apart from the inside while management continued to believe the organization could be rescued. Because of that experience, I have made bond analysis and studying the effects of inflation a specialty of mine.
Market direction is irrelevant. I look for value. Profitable companies that are low or even fairly priced, so long as the results are dependable. Intrinsic value is subjective, but earnings power matters. I am absolutely fearless of the future and do not make political views a part of my investment process.
I additionally make frequent updates to a blog maintainted at WhoTrades called "Brand Power", you can read and subscribe to it at bandpower.whotrades.com.
I am an early career scientific researcher who has taken a strong interest in investing, both for achieving my personal financial goals as well as serving as an alternative conduit where critical and logical thinking are rewarded. I write articles to share ideas, refine my own thinking and invite discussion from the astute readership of Seeking Alpha.
For a better Seeking Alpha experience on your phone, please consider viewing the website on your browser (request desktop site for full functionality) instead of through the Seeking Alpha app.
Within the academic field, I have a career total of 89 publications and 5 book chapters, 2,900 total citations and an h-index of 32 (metrics from Google Scholar).
First, the good stuff. Here's my portfolio ...
Consumer Discretionary: MCD, NKE, SBUX, TGT
Consumer Staples: COST, CVS, GIS, KHC, KO, MO, PEP, PG, PM, RAI, WBA
Energy: CVX, KMI, XOM
Health: ABBV, AMGN, GILD, JNJ, MCK
Industrial: BA, LMT, MMM
REITs: HCN, NNN, O, OHI, VTR
Technology: AAPL, MSFT, QCOM
Telecom: BCE, T, TU, VZ
Utilities: AVA, D, SCG, SO, WEC
ALSO: small stakes in 25 additional companies held in the Dividend Growth 50 portfolio (http://seekingalpha.com/article/2764265-its-new-its-nifty-its-the-dividend-growth-50): ADP, AFL, BAX, BDX, CAT, CL, CLX, COP, DE, EMR, GE, GPC, HCP, HSY, IBM, KMB, MKC, NEE, QCP, SHPG, SJM, UTX, V, WFC, WMT.
Now, a little about me:
I am a 50-something former sportswriter who was sent on a permanent vacation during the Great Recession. That sucked, but my story is not a sad one. Unlike many folks who lost their jobs, I am not in financial distress, I am not depressed and I am not bored.
My wife is a pediatric nurse with a bullet-proof job and decent benefits. So after supporting her and our two kids (now grown) for most of three decades, the least she can do is support my semi-retired keister!
Because of Roberta's job situation, because we have zero debt (not even mortgage debt), because we no longer have any dependents and because we have been pretty diligent savers over the years, we are comfortable (though nowhere near rich).
Although we hold some funds, bonds and cash, my investing philosophy leans heavily toward Dividend Growth Investing. By early next decade, we want to live entirely off of our income stream, Social Security and pension payments - and therefore will not have to spend down the principal one iota. To accomplish this, we invest mostly in blue-chip companies with long track records of growing dividends. As of mid-2016, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha and other Web sites, I coach middle-school girls basketball at Metrolina Regional Scholars Academy, the top charter school in the Charlotte metro area; in March 2016, we won the first conference championship in school history! I also umpire youth baseball and referee youth basketball.
My wife and I dote on our 5-year-old pup, Simmie, and keep up on the doings of our now-grown kids, Katie and Ben. And we love to cheer on the basketball team of our alma mater, Marquette University, where we both majored in Journalism. Go Warriors! Also big fans of the Carolina Panthers.
I still occasionally post to the blog I initiated in 2007 -- lots of sports stuff, some politics, some personal junk -- at www.TheBaldestTruth.com.
Time management is essential to monitoring a 47 position portfolio. My 1st comment concludes with "Rich-unck:xx hrs"; I uncheck from the article to avoid repetitive comments, nonsense, and (most) arguments. I extend another XX hrs when I respond to a question or comment...I also respond to all PMs.
BACKGROUND My journey as a self-directed investor (SDI) began in 1973, and resulted in financial independence at age 52, which also allowed me to retire from corporate life the following year (Feb 1995).
I have no special knowledge not attainable by others who also dedicate themselves to the study of the economy, market, and stocks...I could cease all portfolio management today, and place it with a professional manager; however, I enjoy the psychic and financial rewards. Alternatively, I could become a passive investor via mutual funds and/or index ETFs (those works too! ). With few exceptions, As a rule, Rich only discusses his IRA here--it is only a portion of his and Joyce’s investment assets.
INVESTMENT PHILOSOPHY If you ‘lived for today’ over the past 5 or 6 decades, you better invest in lottery tickets. The most probable path to a financially secure retirement is the product of an investment program (either active or passive) started when relatively young; living on less than all your after-tax income (saving means delayed gratification); and either self-directed or via professional management, adopting a sensible strategy suitable to age and comfort zone. There is wisdom in flexibility, diversification, and not being life-long wed to any strategy. It is appropriate to take greater risk for greater rewards (sensible growth stocks) when younger, as those are our lowest earnings years combined with our highest expense years--in the years between early investment and retirement, investments in solid growth companies can double 8 times or more.
There is time to adjust allocations to a more conservative strategy when closer to retirement. Never assume you have an information edge over the professionals. Time-in-the-market is your principle advantage. When/if you become interested in dividend stocks, never forget both price return and dividends compound, and price more so.
Financial independence is achieved when one has sufficient confidence his/her lifestyle will not change significantly, regardless of the potential depth or breadth of decline suffered by their portfolio--including a prolonged series of bear markets such as 1929-37. True, the recent 18-month bear market ending mid-2009, was deep--but also too brief to consider its lack of widespread dividend cuts to be as proof a portfolio of dividend-payers won't suffer income losses in a more prolonged decline (i.e., no portfolio is "dividend bulletproof").
The balance of this profile is lengthy, and likely not helpful to passive investors who simply go along for the ride, their portfolios bobbing up and down like flotsam in the ocean; their course always subject to the whims of winds, waves, and trends...THIS IS YOUR ONLY WARNING!
PORTFOLIO GOALS Now in my 70s, it’s no longer appropriate to engage in the growth strategies applied in wealth accumulation. As a more conservative investor, 100% of his portfolio consists of dividend-payers. 95% of positions have investment grade credit ratings (the lone exception is a REIT).This combination, along with having companies in 10 of the 11 S&P GICS sectors (none in Materials at this time) provide a measure of diversification. This IRA portfolio holds no bonds, though bonds and other investments are held elsewhere.
Maximizing total return and wealth preservation are mutually exclusive. A key observation: Having the capacity for risk is not the same as having the tolerance for it!
Rich’s objective is now a ‘smoother-ride’ that levels out the market’s peaks and valleys (limit losses, trim notable excess valuation). That smoother ride in an all-equity portfolio cannot be achieved without active management and continuous monitoring of positions--therefore TIME is an essential input to his portfolio management. Active management does not’ means frequent changes, as it is not unusual for a quarter or more to pass between a trimming or sale (nonetheless, when a company fundamentals change, or a mistake is made, corrective action is taken.)
STRATEGY SINCE 2008 Rich targets both legs of TOTAL RETURN (distributions + price change). His Growth & Income strategy often focuses on VALUE investing tactics applied to dividend-payers. Value investors seek out unpopular, companies most investors are avoiding (i.e., fundamentals have declined but credit rating is strong, BoD has implemented a rational recovery plan, and the dividend not in danger). Value investors seek to be paid to wait for other investors to recognize the stock’s value and assign it a greater share price. In any event, value stock or growth stock, Rich always seeks a ‘margin of safety’--no shares are bought at prices >FV, and his margin of safety is derived from dividends paid, price appreciation, and rising FV over time.
In all cases, value or growth, Rich selects well-established dividend-paying companies having a high-probability of growing earnings (growth of earnings is ESSENTIAL to growth of price and dividends). He tends to be flexible, forward looking, reactive to changing fundamentals, and willing to admit a mistake so action follows.
SDI is not easy, success is not assured, and in recent decades, advice from academics, and investment coaches, almost universally recommend index funds. Those NOT having the prerequisite time and interest are unlikely to develop the requisite skills for stock investing--thus the probability strongly suggests most newbies would be better served by indexing (Ben Graham wrote favorably of indexing). However, when done successfully, self-directed stock investing can offer rich psychic and financial rewards.
CORE PORTFOLIO Presently, +/-30 equities. Core holdings dominate at about 65% of total portfolio positions. Favored are traditional, large- and mid-cap, low-beta, best/near-best in class, institutional-owned, moaty, dividend-paying, value and growth stocks, having investment-grade debt ratings, and representing the consumer staples, healthcare, utilities, and telecom sectors.
OPPORTUNISTIC PORTFOLIO The remaining 15+ positions consist of equally well-known dividend-payers found among widely-owned cyclicals, such as financial, industrials, consumer discretionary, technology, real estate, and energy sectors are sensitive to the economy. In an expanding economy, cyclicals typically grow their earnings (and dividends) faster than do the typically slower-growing core companies. But because the reverse is also true, in a contracting economy, these positions are intended to be heavily trimmed to preserve gains as the economy peaks and shows evidence of decline. Some are susceptible to quite significant price declines when Mr. Market assumes their will suffer reduced earnings, and sometimes dividend-freezes/cuts, in anticipation of those events.
Rich is sometimes fully-invested, but unlike some, observes no such rule. Building a large cash cushion at the front-end of a correction/bear market (-20%) provides the dry powder required to both cushion the market's decline, and also creates the cash required to purchase excellent companies at below FV prices (without having to sell a position he wants to keep!).
TRIMMING POSITIONS When positions in either portfolio become significantly overvalued, they are trimmed by 5-10%, and the proceeds applied to fairly valued companies before the (almost always) temporary gift of over-valuation reverts to the price mean. If the position continues to advance, and absent other information, the position will be trimmed again. Added benefits to selective trimming include (1) serves as a more sensible method of rebalancing (as opposed to automatic--professionals do not use such a meat cleaver); (2) reduces the position's remaining Capital at Risk (which may suggest room for additional shares within an otherwise full position), and (3) provides the necessary dry powder to buy other shares at FV or below.
OTHER INTERESTS As we age, the importance of family grows. Rich has long volunteered in his community; over the years has served with distinction as member/chair of a number of advisory committees. Assisting others on SA is also a source of satisfaction and fulfillment.
Finally, having been blessed by years of excellent investment performance, Joyce and Rich have long been avid world travelers, and have visited over 60 countries over a span of 30 years (his SA avatar reflects the Taj Mahal in his sun glasses). They reside in Michigan--for 9 months of beauty, bliss, and family, and thoroughly enjoy wintering in equally beautiful Naples FL--for 3 months of sunny warmth and relaxation.
Life is good--it's been an unbelievably awesome ride!
My husband plans to retire in 3 years (at age 67) and I plan to retire in 7 years (at age 62). We began focusing on dividend growth investing in 2013 but have been invested in mutual funds for decades. Our current DGI retirement portfolio is comprised of the following 64 DGI stocks: ABBV, ABT, AMGN, AVA, BBL, BMY, CAH, CBRL, CCP, CLX, CMCSA, COP, CSCO, CVX, D, DEO, DLR, DUK, ED, EMR, EPD, GE, GILD, GIS, HCP, IBM, JNJ, KHC, KMB, KMI, KO, LMT, LNT, MCD, MMM, MMP, MO, MRK, MSFT, NEE, NOK, O, OHI, OMI, PEP, PFE, PG, PM, SCG, SEP, SO, SYY, T, TUP, UL, UPS, UTX, VTR, VZ, WEC, WMT, WPC, XEL, and XOM,
In addition, I manage our millennial daughter's dividend growth retirement portfolio of the following 34 stocks: AAPL, ABBV, ABT, AMGN, BMY, CAH, CBRL, CCP, CSCO, D, DIS, DLR, EMR, GILD, JNJ, KMB, KO, MCD, MMM, MMP, MSFT, OMI, PEP, PFE, PG, PM, SCG, SO, T, V, VTR, VZ, WEC, and XOM.
50/50 Portfolio; Dec 2016 YOC 10.0% about 0? months before retirement, dividends at 72% of my gross employment income. I created a High Yield Investment dividend generator that contains a 50% weighting between agency mortgage REITs and BDCs.
**** Home of the POT (Portfolio Online Tracking) tool.
My current investment method started January 2014 to concentrate on high yield equities that put more importance on income and less on capital appreciation. Investment purchase is based on each individual stock generating a minimum dividend per year. As long as stocks are generating income to meet or exceed my minimum dividend they will not be added too or removed. Currently all dividends are reinvested back into stocks that require their dividends to be increased to meet my minimum yearly dividend. We will see how this works over the years.
1) The REIT sector consists of residential and commercial property investments. What better way to invest in hundreds of properties without actually owing the physical property.
2) The BDC are Business Development Companies that invest in hundreds of businesses that create products and employment opportunities. Here again the BDC does all the research to lend to businesses and the investor does not have to actually own the physical business.
3) The investment selection is based on this principle; BDCs outperform when markets are going up (positive correlation), and mREITs, outperform when markets are going down (negative correlation). This is based on a research study performed by Wells Fargo titled “The 50/50 Portfolio, Milton Friedman’s Only “Free” Lunch. And runs through an analysis in demonstrating how combining BDCs and Agency mREITs leads to sustainable long-term alpha throughout cycles.
4) Capital gain does not apply to my investment method since this implies the anticipation of buy and hope for price increase in order to sell at a profit. I have already stated the HYBRID method holds investments based on cost basis and dividends per share as the method of yearly appreciation.
5) A bird in the hand is worth 10 in a bush, applies to this investment style. The return I get on my investment is what counts toward the recapture of my initial investment cost. I can calculate how many years it will take before my initial cost will be repaid and that investment now becomes perpetual income. I’m not a trader, just a buy, hold and collector (dividends * shares). I can’t count on capital appreciation since all investments will increase and decrease in any market cycle. Dividends I can count on as payment for investment risk that accumulates over time.
6) Update 20140612, Portfolio Plan; Build a portfolio that generates income 150% of minimum required. Example I need 10K from 30 stocks made up of REITs and BDCs. Diversification is already built into each stock because each one contains hundreds of properties and business, so 30 stocks is plenty. Now to generate 10K minimum income I will establish a 50% margin of error (or income default). So to get 10K minimum I will need 15K of income (10K * 1.5). This means each stock is required to generate at least $500/yr each. I can withstand a 33% hit in the dividends and still meet my 10K minimum requirement. That is 10 stocks can go to zero and the remaining 20 will create my minimum 10K.
7) Update 20140729, I do not invest in individual companies, too risky. The following is the logic behind this statement compared to BDC investments. If I invest in 30 dividend companies, anyone of them may have financial problems and drag down the portfolio very quickly. The Due-Diligence (DD) would take all my time to analyze past performance and make judgments for the future, and current events can tank a stock fast. Every company needs money to run operations and for capital improvements and this is where BDCs come into play. The individual company has to borrow funds and BDCs are there to provide the capital. So the BDC is like a bank to lend money. Each BDC may contain hundreds of separate loans going to hundreds of different companies making the BDC less risky than owning individual companies. If one of the companies that the BDC has a loan with goes bankrupt, the BDC will recover some if not all of the loan monies lent to the failed company, and the BDC will continue with a very small disruption to its bottom line. So in effect owing BDCs that contain hundreds of investments (loans to companies) earning a consistent repayment to principal and interest is safer than just owning an individual low yielding company. When you invest in a BDC or REIT you are investing in the managers that perform the DD by analyzing the companies first before loaning them money to run their business.
Owing 10 or more BDCs is like having investments in thousands of companies with a very low risk of any one individual company causing portfolio damage, while your portfolio grows faster with the high yields from BDCs and REITs.
8) I have developed FREE Excel applications for planning retirement during the accumulation and distribution phase, the links are in my articles, (Dividend Growth Calculator... and Predicting Retirement...) As I develop additional Excel 2010 applications I'll make them available to all SA members. We are all in the same boat trying to achieve a better life in retirement.
Doug Meeks is a Registered Investment Advisor in Plano, Texas. He is the Principal Advisor for Pier LLC, an investment management company. The focus at Pier is to build and manage income-producing portfolios for our clients. We provide individual service to those who are inclined to see their money working for them. Growth and income do not have to be different parts of your portfolio.
Charles (Chuck) C. Carnevale is the creator of F.A.S.T. Graphs™. Chuck is also co-founder of an investment management firm. He has been working in the securities industry since 1970: he has been a partner with a private NYSE member firm, the President of a NASD firm, Vice President and Regional Marketing Director for a major AMEX listed company, and an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming his own investment firm, he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.
Who I Am: I'm a retired individual investor. I retired at the end of 2013 after a 35 year career as a professor and research scientist at a major research university. So -- a career as a researcher and an educator, which is what I hope to continue here. Virtually every good teacher I've ever known says some version of "I learn more from teaching than my students do." There's a lot of truth in that, enough that there's an underlying selfish motivation for my writing here as I continue to learn about investing.
My professional life involved multiple international projects and collaborations, so I traveled extensively over those 35 years. I plan to continue doing so in my retirement. One consequence is that I'm liable to disappear from the site for extended periods. How can you miss me if I don't go away?
My investing priorities are building and refining portfolios designed to provide income and capital growth: Income for my retirement needs, and capital growth for my estate. My investing interests are tax-advantaged income from a range of sources, portfolio strategies, information- and bio-technology, and momentum-based strategic allocation.
Why I Write for Seeking Alpha: I learned long ago that "writing is nature's way of letting you know how sloppy your thinking is." The line comes from a Guindon comic strip of many years ago, and could not be more true in my case. When I did research professionally, I learned that writing it up forces me to think about details I might otherwise overlook. It's how I spent my working career, so it comes more or less naturally to me. I consider it an essential part of doing any research. So, the writing I do here is as much for myself as for the reader. As I started to contribute articles here, they grew out of research for my personal investment portfolios. They're based on things I've uncovered that are of interest to me and may be of interest to others of like mind. My primary purposes in writing them are to help clarify my thinking and to get feedback from others who may have very different opinions. It's those thoughtful comments that make Seeking Alpha such an important resource.
I try to actively engage myself in the comment streams in my articles, contributing what I can and learning from others. As a research scientist I spent a career spanning four decades devoted to free exchange of information vetted by rigorous peer review. It's a concept I firmly believe in. I hope to bring that approach to my interactions and contributions on Seeking Alpha and welcome critical commentary on anything I may contribute here. I especially encourage and appreciate thoughtful comments from those who disagree with me (although I will ignore obvious trolls and encourage others to do so as well). So, go ahead, start a conversation in the comment threads. It's one of the best things about Seeking Alpha.
My Investment Philosophies and Strategies: I maintain two portfolios. My income portfolio is a taxable account. I try to keep it separate from the growth portfolio which is housed in a series of IRAs, traditional and Roth. My income focus is on tax-advantaged income. In 2016 I face minimum required withdrawals from my tax-deferred accounts, so tax efficiency is an important consideration. The IRAs I see as my estate and are focused on generational wealth building. That means the growth portfolios have a long-term horizon, well beyond what an investor of my age might be expected to maintain.
Who Is Left Banker? Ah yes, the name. When I first joined Seeking Alpha I had no intention of being anything but an occasional reader. I saw it as another research site. So, I just ported a name I've used on other sites. I spent some of the best times of my life living on the left bank of the Seine and am always thrilled to be back in La Belle Paris. Add that I also like it because I find several subtle word plays there; I'll leave it to you to decipher that comment.
Finally, I've chosen to remain anonymous, which I feel obligated to justify. First, I have no professional role in finance and nothing to sell, so there is no advantage to be gained by "making a name for myself' here. Second, I value my privacy and have kept my internet presence as low-key as my professional life allowed. I certainly want to avoid any possibility of some internet connection trying to track me down. Odds against that happening are, of course, outrageously long, but why take them on at all?
Disclosures: I have no ties to the financial or security industries in any form. My interests are strictly personal. The banker part of the nym has absolutely no relationship to the profession of the same name. Readers should be aware that I am an investing novice, some might say dilettante. I do not give advice; what I publish is much more in line with a research notebook. Anyone who finds anything of interest will necessarily want to do his or her complete research and due diligence. It would be foolish to rely on my conclusions without having done so.
Bob is retired from a career in law enforcement including more than 20 years as an instructor of Investigative Interviewing. He is a Dividend Growth investor using dividend yield from low beta stocks for income and preservation of capital. Bob has self managed his portfolio since early in 2011. He hopes to encourage discussion among those already in retirement and receiving income from their portfolios.
My curent portfolio is available here:
I believe that everyone needs a portfolio business plan.
Here's a copy of ours:: http://seekingalpha.com/article/2426965-our-retirement-portfolio-business-plan-legacy-edition-part-two
A list of Dividend Growth Safety Superstars for the past decade is available here: http://seekingalpha.com/article/2255863-a-review-of-the-dividend-safety-superstars
Darren owns ProActive Financial LLC where he provides Financial Planning and Analysis consulting services. Darren's education includes a Bachelors in Economics, an MBA, and a Certificate in Personal Financial Planning.
Former broker, now an independent analyst/writer on Seeking Alpha and founder and editor of the Growth Stock Forum. Focusing on small-cap, mid-cap and biotech stocks. Looking for substantial sales and earnings growth potential and seeking the best risk-adjusted returns from my stock selection. Taking advantage of medium to long-term momentum.
My articles represent my personal opinion and analysis and should not be regarded as investment advice in any way. Readers and subscribers should do their own due diligence and/or consult their financial advisor before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.
Exclusive research: http://seekingalpha.com/author/oneil-trader/research
Active investor and trader since my teens. I retired early from my career in healthcare administration and have been a full time investor for 5 years.
I write about 3D Printing Stocks on my site @ 3DPrintingStocks.com, as well as small and microcap stocks (no pinks or junk!) at MicrocapResearch.com
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