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  • Why Buy A CD When I Can Buy W.P. Carey? [View article]
    WPC's dividends are mostly non-qualified as shown on its website: I own it inside my IRA and bought it before it converted to a REIT and still issued K-1s. Great company.
    Feb 4, 2015. 11:53 AM | 2 Likes Like |Link to Comment
  • Should I Have High Yield (Junk) Bonds In My Portfolio? [View article]
    Vanguard High Yield is actively managed, not an index.
    Dec 28, 2014. 10:15 AM | 2 Likes Like |Link to Comment
  • AmeriGas Partners And CrossAmerica Partners: Pull These Babies From The Bathwater And Put Them In Your Portfolio [View article]
    The $1,000 applies to UBTI, Unrelated Business Taxable Income, not distributions. In 2013, APU generated negative UBTI, so not an issue.
    Dec 20, 2014. 02:27 PM | 2 Likes Like |Link to Comment
  • Must Bond Investors Fear Rising Interest Rates? Insights From 1958 To 1982 [View article]
    Thanks for the broader perspective and context to Treasury bond behavior. There is a lot of unthinking chicken-little squawking out there.
    Dec 4, 2014. 02:00 PM | Likes Like |Link to Comment
  • Dividend Growth: Seeking Alpha Style Vs. The Professional [View article]
    Dale, you are always the first author I read. Judging by the number of recent articles criticizing VDIGX as a result of one of your earlier articles, I am certainly not the only one who pays attention to your work. I especially support your call for civility in discourse. There's room for everyone at the table. My own portfolio is 28% individual "traditional" DGI stocks, with the balance in active OEFs (including VDIGX), CEFs (equity and credit), bonds, and cash. But I'm the last person to say, "I have discovered THE way."
    Nov 25, 2014. 11:10 AM | 1 Like Like |Link to Comment
  • What Likely Happened To Dividend Growth Retirees In The Recessions [View article]
    As the author stated, "it might be fair to create a portfolio that experienced a disruption of 20% of the total portfolio." WFC was chosen for that job. $200,000 is 20% of a $1M portfolio.
    Oct 22, 2014. 10:57 AM | 3 Likes Like |Link to Comment
  • Costco: Time To Get Going [View article]
    Glad you made the distinction between investment and product/service. A similar argument can be made for nearly every company, for example, the tobacco industry.
    Oct 19, 2014. 10:01 AM | Likes Like |Link to Comment
  • The Market Is Dropping Will Dividends Hold Up [View article]
    Bob, thank you for an article that explores a risk that seems to get little air play. A form of recency bias may be at play among some DGI adherents. DGI is a valid strategy (I lean in that direction) but everything has a downside and it's best to know it upfront.
    Oct 17, 2014. 01:34 PM | 1 Like Like |Link to Comment
  • How Retirees Made It Through The Last 2 Recessions [View article]
    Is that first table correct? Seems the years should be in reverse order than they appear.
    Oct 14, 2014. 01:11 PM | Likes Like |Link to Comment
  • How Modern Portfolio Theory Can Benefit Retirees [View article]
    Very clear and effective demonstration of MPT. Were withdrawals achieved by rebalancing, from appreciated assets, in proportion to percentage, or some other method?
    Oct 11, 2014. 09:54 AM | 1 Like Like |Link to Comment
  • For Retirees, Have The Last 15 Years Been The Worst Of Times? Ever? [View article]
    Dale wrote, "That said, it was that 1973-74 period that appears to have delivered the death shots to the poor 1960s start dates." Of course, this triggered the memorable line from the 1971 movie, Dirty Harry, and what every newly minted retiree must ask themselves: "Do I feel lucky?" Well, do ya, punk?

    Great series, Dale.
    Oct 7, 2014. 10:12 AM | 2 Likes Like |Link to Comment
  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    Hands down, one of the best articles I have read for the equity income-oriented investor—from accumulator to distribution phase. It really brings to light various INVESTMENT characteristics of securities.
    Sep 11, 2014. 05:39 PM | 2 Likes Like |Link to Comment
  • In Defense Of The Shiller CAPE Ratio - It Works! [View article]
    You know, for a Canadian, you sure are a downer (just kidding). Thanks for the bucket of ice water.
    Sep 7, 2014. 07:56 PM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    Robert—I really appreciate the way you think: a little (but not too far) outside the box using practical and real-life examples. I decided to pursue a similar path with my university employer pension (which greatly reduced my SS benefits due to WEP). That is, I retired as early as possible because the pension plus my investment income made it doable and (in my opinion) sustainable. I am now 60 but may defer SS until age 65 and dedicate the benefits to Medicare premiums (with residual to Starbucks beverages). At this stage of life, time is a premium in and of itself.
    Aug 27, 2014. 07:32 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Inc.'s Mega-Deal: Lower Cost Of Capital And Maximum Optionality [View article]
    Thanks, Uncle Pie, for the tip on the gain/loss estimator on I didn't know that tool was there. Fortunately, in terms of the KM reconfiguration, I was only an owner of KMI and not KMP. However, I just ran the gain/loss estimator on my other 3 MLPs to get a sense of where I stand if something similar were to happen to them. I doubt that will occur but it's good to have a sense of the worst case.
    Aug 20, 2014. 11:02 AM | Likes Like |Link to Comment