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smlaker

smlaker
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  • How To Get $10,000 Each Year From A $250,000 Nest Egg [View article]
    Good article, but the high-yield portion lacks well, high yield. Adding a few select equity REITs and BDCs would help a bunch. 4% as a goal is just too low for me to live off of. 4.5% is getting close to livable.

    SM
    Mar 31, 2014. 07:52 PM | Likes Like |Link to Comment
  • Main Street Capital: The Best Dividend Stock In America [View article]
    The whole concept of BDCs is new, so you aren't going to find any 50-year dividend increases. Spawned out of the fear of banks to loan money after the 2008 financial crisis.

    And, while "buy and hold forever" may be a bit of an overstatement, best of breed is probably not. That's my conclusion from following BDC Buzz and my own research.

    I could and do own dividend champions (PG, GPC, et. al.), but I also require a boost in yield to retire with some sort of dignity. That's the reasons for allocating some of my money to best of breed BDCs, REITs and MLPs. Long MAIN, TCAP and ARCC.
    Mar 9, 2014. 08:03 PM | 4 Likes Like |Link to Comment
  • Leggett & Platt: A Safe Investment [View article]
    I trust David Fish, because I trust his methodology. It is totally transparent. As long as the company pays out more in a calendar year in dividends, the declared dividend can go up down or sideways. How, do you say? By declaring special dividends, and extra dividend, etc. In the end, all I want is a reasonable increase in my total cash collected in a given calendar year, however the company does it.

    SM
    Mar 9, 2014. 07:30 PM | 2 Likes Like |Link to Comment
  • Leggett & Platt: A Safe Investment [View article]
    David Fish shows 42 consecutive years on his CCC list. I guess it's all in how one does the math.

    SM
    Mar 9, 2014. 12:09 PM | 1 Like Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Buy platinum, palladium or silver.

    SM
    Feb 23, 2014. 05:06 PM | Likes Like |Link to Comment
  • Retirement Strategy: The Future Dividend Champions You Must Own [View article]
    Regarded, you are very "regarded" on SA, so I hesitate to say this, but I won't own a Ford or GM automobile, so why would I want to own either stock?

    SM
    Feb 21, 2014. 01:50 PM | 7 Likes Like |Link to Comment
  • 12 REITs That Pay Monthly Dividends And 1 Great One That Does Too [View article]
    Let's agree to disagree.. . . . . . .then move on.

    You are certainly welcome to write your own article and espouse your own views.

    SM
    Feb 18, 2014. 08:19 PM | Likes Like |Link to Comment
  • Realty Income Just Delivered Another Record Quarter [View article]
    Made my first purchase of O around August. With the recent drop, I doubled-down. This is the only position in my DG portfolio that has the distinction to be purposely twice the size of a normal position. Would have done the same for MAIN, had I had enough cash.

    Buy the best, and forget the rest!

    SM
    Feb 17, 2014. 02:11 PM | 2 Likes Like |Link to Comment
  • Cisco's New Dividend [View article]
    Just not a high enough beta for a good swing trade. Ya really need a wild stock to make it real fun. I use SLW for my "mad money". Just bought a bunch more a few months ago, when it looked like silver had found support. Way up now. I'll sell at the first sign of weakness, then buy back again.

    I own Cisco for my DG portfolio, and will continue to do so, as long as they keep giving me an annual pay raise above inflation. I'm near the distribution stage and as long as it is "range bound" (not going to zero), I am as happy as any fat cat could be. My cost basis has me up just under 20% as of today.

    SM
    Feb 13, 2014. 02:36 PM | Likes Like |Link to Comment
  • What Happens To Dividend Growth Investing When Inflation Hits 10% [View article]
    Your comment that:

    "I believe some, if not most, of Mr. Herring's examples were not in the Dow 30 at the time.

    is very relevant.

    It requires some more elaboration. Nor did they have a stellar dividend streak of 50 years.

    It is good that he admits that this sample is too small to be statistically significant. In fact, it is perhaps even worse than that. It suffers from "survival bias".

    Hindsight is always 20-20, and these are good ones to make his point.

    But, many people would have likely had shares in GM, Kodak, U. S. Steel, Bethlehem Steel, etc.

    If one is lucky (picks the right stocks) and/or is very diligent at selling at the first sign of trouble (and that would have been about once a year for each of these stocks during said period), then perhaps this is more instructive than I imagine it to be.

    Just think back to 1976. No one, and I do mean no one on this site would have bought MCD, because the company had a 1 year dividend growth streak. It wouldn't qualify. The others would have only been a few years, at best.

    Yes, knowing now, what we know about these exemplary companies, we all would have been a lot smarter to have bought them then and held them thru today. I know I would have been much better off. Yes, I lived through this period and lost and made and lost again, plenty of money.

    The best one can glean from this article is that we must stay with stocks that survived the period of 1974-1984, and those pickings are pretty slim.

    SM
    Feb 5, 2014. 02:47 PM | 2 Likes Like |Link to Comment
  • Total Return BDCs For 2014: Part 5 [View article]
    I like your articles and the clear concise tables. What I don't understand is why it is taking you so many articles this time around to arrive at the winners of the "Total Return Portfolio" for 2014.

    Are we going to know the answer before we are well into the year??

    Thanks for all you do,

    SM
    Feb 3, 2014. 01:54 PM | Likes Like |Link to Comment
  • 4 Overvalued Dividend Stocks Primed To Fall If The Market Corrects Downward [View article]
    This is not very insightful. Please tell me the four dividend stocks "primed to rise" if the market corrects downward.

    That would be a valuable article.

    SM
    Jan 29, 2014. 02:13 PM | 1 Like Like |Link to Comment
  • Collectors Universe: Will Dividend Problems Drop Shares? [View article]
    I never could see a real value to Coinflation.com. It's about as innovative as a 1956 DeSoto. I used to read it when they had links to articles of more than passing interest (with deeper analysis). Now the articles are just clips from local newspapers with an occasional bone thrown in to keep a little interest up.

    What's really interesting is the fact that it is little changed since it was bought out. If anything, I see a downward trend.

    Just my opinion, as someone who has been watching precious metals for 30 years.

    SM
    Jan 23, 2014. 02:06 PM | Likes Like |Link to Comment
  • STAG May Soon Be The Next 'Monthly Dividend Machine' [View article]
    Yeah, I noticed, isn't it great! The REITs seem to be coming out of their funk, which was created ostensibly by the threat of increasing interest rates. ( Long STAG).
    Jan 22, 2014. 02:13 PM | Likes Like |Link to Comment
  • Can You Retire On Less Than $1 Million? [View article]
    I'm just hoping to live to retirement.
    Jan 17, 2014. 02:05 PM | 5 Likes Like |Link to Comment
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