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jcirafic

jcirafic
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  • Kinder Morgan: How To Get A 10% Yield [View article]
    I enjoyed the article, good food for thought.
    Mar 25, 2015. 05:28 PM | 3 Likes Like |Link to Comment
  • My Best Stock Idea For 2015 [View article]
    Razor-I'm glad to hear of your good finances. Thanks, it is inspiring. It also invokes thought about how specifically you accomplished what you did-and how can others do the same.
    Feb 2, 2015. 06:10 PM | Likes Like |Link to Comment
  • Retirement Strategy: A Dividend Aristocrat REIT That Is Right For Retirement Portfolios [View article]
    Good article RS, I recently sold a cash secured put on HCP. Same as a limit order except I get paid to sell the option at a strike price that is agreeable to me. From what I've read HCP is one of the safest REIT's to own.
    Jan 4, 2015. 12:59 PM | 1 Like Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    Chowder and 622, interesting on CEF's. Both the M* and Chowder, your explanation indicate that the underlying NAV of the CEF will be deviated from to a greater degree than an ETF. After thinking hard about my risk tolerance I've decided that a 20% drawdown is the max I can stomach. I then, with help from another SA guy, determined that I should have about 60% stocks 40% bonds. But the 60% stocks is what I am questioning-instead of 10% in GILD, I believe BRK-B may be a good change because of the diversification. CEF's seem just too volatile with the leverage and the charts even show it.
    My 20% drawdown rule and hi concern with capital preservation is due to the fact that I will be retiring (to another lower paying less stressful) job within about 3 years but still have college tuition and associated bills to pay. Luckily no mortgage or car debt.
    Dec 29, 2014. 05:33 PM | Likes Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    That was great 622, I never looked at AAPL and GILD that way except for the earnings estimates. Of course GILD just got slammed with Expresscripts decision to only use Abbvie for sales of Hep-C medication. This new action by the largest pharmacy benefits manager in the US (along with a possible price war) may change the entire pharma landscape and is the reason I am no longer wanting to put my cash at risk there. Sorry if this is off topic but it could be helpful to some. I find I am learning much from 622 even though I am into DGI.
    Dec 28, 2014. 12:27 PM | Likes Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    Thanks 622 and Chowder. I am reassessing how to manage what I have but most especially my risk tolerance and diversification. From what little I've seen so far, CEF's are good and large gains look possible if one doesn't mind high volatility-I don't have the stomach for that. BRK-B looks better. I am also thinking of short dated corporate bonds or Vanguard Wellington - thank you to another SA contributor for info on those options. Thank you both for your very informative commentary!
    Dec 28, 2014. 10:37 AM | Likes Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    Thank you peapaw and DVK. This commentary being generated here is as good as the article-great reading. I am considering SPY and now BRK-B after looking at the performance. I have about 20% of my portfolio in growth (AAPL and GILD), rest is dividend growth. I am looking for a way to increase growth by purchasing a diverse 'fund' instead of holding GILD. I am willing to sacrifice dividend income for this one holding just so I can increase total return quicker but want to do it as safely as possible. Quite honestly, BRK-B looks really good so far except I'd have to wait for a pullback. I cannot consider CEF's very seriously after reading Chowder's statements unless there are other more surprising facts uncovered during research.
    Dec 26, 2014. 08:13 PM | 1 Like Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    Thanks WB for the suggestion. They have done quite well in the last few years-always did like Munger and Buffet. I will do some looking.
    Dec 26, 2014. 05:40 PM | 1 Like Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    622 thanks for that comprehensive response. I now have much studying to do, especially on CEF's which I know nothing about except that it stands for closed end funds. Those payout percentages are really attractive. The diversification is also a big positive. Regarding the total return debate, I am a dividend growth investor but own GILD and AAPL along with JNJ, PG, T, CVX......and others like that. I strongly feel the need to speed up the wealth creation and use a little total return reasoning since I am 52 and would like more safe reliable income when I pull the plug on my career. So SPY and those CEF's look to me like a GILD-like return in the form of a fund. The question is can I stomach and handle the downside risk and volatility? You have provided much food for thought.
    Happy holidays!
    Dec 26, 2014. 10:30 AM | Likes Like |Link to Comment
  • AT&T And 'Losing' To Inflation [View article]
    622, great stuff on SPY. I am overweight T and may start a position in VZ shortly but you've convinced me to look closely at SPY. A 0.09% management fee seems small enough-are there other fees? Do you like any other ETF's besides international?I just wish the distribution was higher and the volatility lower.
    Dec 26, 2014. 06:59 AM | Likes Like |Link to Comment
  • Retirement Strategy: I Am Already Retired, Now What? [View article]
    Thanks RS, another great article. During the recent pullbacks it helped to read your writings to keep focused on the income aspect. I own 6 of the 10 you listed along with AAPL, KMI and a few others. Your portfolio provides safe reliable income at a much higher rate than any bank offerings. The risk is selling in a panic at a loss - but each pullback is followed by a recovery so why bother losing the income? The Earth would have to split before JNJ cuts it's dividend.
    Happy holidays RS!
    Dec 21, 2014. 08:21 AM | 11 Likes Like |Link to Comment
  • Retirement Strategy: AT&T - Taking Advantage Of An Opportunity To Increase Income Right Now [View article]
    RS-good article. I just picked up more T at 32.90, will get more if it goes into the 31's. The income is practically guaranteed and it is on sale now.
    Dec 9, 2014. 01:42 PM | 1 Like Like |Link to Comment
  • Apple: It Is All About Improving Margins [View article]
    Good article. I bought AAPL on Bret's STRONG BUY recommendation and some diligence when it was $500/share pre split. Needless to say but I'll say it for good measure-thank you Mr. Jensen. If AAPL is not a dividend aristocrat in the making I don't know what is.
    Nov 15, 2014. 03:37 PM | 6 Likes Like |Link to Comment
  • Kinder Morgan: On The Cusp Of A Major Breakout? [View article]
    Good article, thanks David. If the export ban is lifted we should see a huge bump in share price. The Sierrita pipeline should add value regardless. On a side note I hope the price of oil recovers somewhat.
    Nov 4, 2014. 05:40 AM | Likes Like |Link to Comment
  • It's Hard To Make A Case For Pessimism [View article]
    Thanks Eli for the article. Even if the Dow hands in flat or negative returns, it wouldn't be reasonable to expect that to remain true forever. Time goes on, population goes up and demand goes up. That point in time at which quality holdings are at their lowest value in a portfolio is only temporary-in the meantime, as you say, income from dividends helps to blunt the affects from the unrealized loss-or fully negates the loss in value.
    If population or demand stops increasing, we've got bigger problems than stocks.
    Like all of your articles, this was a good one-thanks again.
    Sep 14, 2014. 07:16 AM | 1 Like Like |Link to Comment
COMMENTS STATS
246 Comments
430 Likes