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geneh

geneh
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  • Why Dividend Growth Investing Is Not Always Best [View article]
    DGI was also a hot fad prior to the 1990s and tech stocks. The S&P average dividend rate used to be over 4%. It is only the "fad" in growth and timing the market that has changed management.

    DGI is a form of value investing. When stocks, like utilities, are out of favor, price goes down and yield goes up. Why would I reinvest is a company that is overpriced? I want to buy it at a sale price, not at an inflated price.
    Jul 25, 2015. 08:43 AM | 1 Like Like |Link to Comment
  • Why Dividend Growth Investing Is Not Always Best [View article]
    Alan in Tempe, this is Gene in Newport News, we are approximately contemporary both of us are retired. We both should remember the go-go 60s (I spent part of it in Viet Nam), the depressed 70s, and especially the dot-com boom (or bomb as it became). I have to disagree with your analysis that selling an asset is the same as cashing a dividend check. For one, stocks don't grow at a constant rate as you are aware. Many people retired in 1999 and 2000 based on their wealth of dot-com stocks. When the crash came their $175 VERITAS stock (VRTS), for whom I worked, suddenly became worth about $17.50. So they had to sell 10 shares for every one they planned to sell. Many other speculative stocks became worthless, got Enron? This put an enormous dent in the retirement investments and forced many back to work. The same thing happened in the 2008 crash. Those who had dividend paying stocks, with the notable exception of bank stocks, kept collecting the dividends regardless of stock price. I purchased Realty Income for about $17.50 in March 2009. It has served me very well and my dividends for this and others continue to roll in monthly and quarterly funding my retirement. I spend very little time poring over stock prices, beta, and the other arcane academic measurements. I update the cash balances as dividends arrive, sometimes spending the money and at others reinvesting. I enjoy vacations in Italy (over 6 weeks last year), the Shenandoah mountains, and this fall on a cruise from Budapest to Amsterdam with a business class flight to get me there. Next year about 6 weeks in France.

    I fully believe that DGI is the way to invest and enjoy life without your finger on the mouse all the time.
    Jul 24, 2015. 08:29 PM | 17 Likes Like |Link to Comment
  • Should I Shut Up And Buy Realty Income? [View article]
    I got lots of alpha with my buy: March 2009, about $17.50 per share. I still buy it. Like Pendragon, I am interested in income. I prefer not to worry about growth and selling at the right time so I can buy something else at the right time. I collect my dividends and spend my time bicycling, shooting, going on vacations and mot being concerned with the regular income in my accounts.
    Jul 5, 2015. 09:06 AM | 7 Likes Like |Link to Comment
  • The All-Defensive Team: 20 Safe Dividend Stocks For An Uncertain Market (Part 3) [View article]
    You are correct. Not enough coffee to get the old brain revved up. Yes there are 4 in each group making a total of 20.
    May 4, 2015. 04:15 PM | Likes Like |Link to Comment
  • The All-Defensive Team: 20 Safe Dividend Stocks For An Uncertain Market (Part 3) [View article]
    This is part 3 of a 5 part article. See the links for groups 4 & 5 in the article.
    May 4, 2015. 09:21 AM | 1 Like Like |Link to Comment
  • Feed Your Family With These 4 Monthly Paying REITs [View article]
    I think for those people who are barely able to pay the bills monthly, monthly payments work out better. If you buy a stock on 1 Jan expecting a dividend on 31 March, you need enough cash to get through the end of January and February. If you have enough cash flow not to be concerned with frequency of payment, then it probably doesn't matter to you. While small, compounding monthly will beat compounding quarterly. The longer the time between dividend payments, the greater the risk the company could be on the wrong track before you notice it in a divi cut.
    Apr 23, 2015. 09:45 AM | 2 Likes Like |Link to Comment
  • Feed Your Family With These 4 Monthly Paying REITs [View article]
    Brad, I don't understand your dividend increase for Realty Income at .0005%. This link shows a 3% on Jan 20.

    http://bit.ly/1yWzufM

    "The new monthly dividend amount represents an annualized dividend amount of $2.268 per share as compared to the previous annualized dividend amount of $2.201 per share."

    Long O since March 2009.
    Apr 23, 2015. 09:26 AM | 1 Like Like |Link to Comment
  • General Electric: Fool Me Once, Shame On You; Fool Me Twice, Shame On Me [View article]
    I am a bit confused by all these negative articles on GE. Jack Welch approves of the actions and said it is the right move at the right time. The stock went up when the moves were announced. Today the market dropped 279 points or 1.57% while GE only dropped 3 cents or .11%. Apparently the majority of SA writers view getting the federal government off GE's back and getting rid of the riskiest part of the conglomerate as a bad thing. Many times I have heard corporate leaders talk about "core competencies" and for GE it is the industrial processes of manufacturing products.

    I will hold GE because I believe once they have gotten back to their basics, they will do very well.
    Apr 17, 2015. 07:04 PM | 7 Likes Like |Link to Comment
  • Mr. Valuation Says Digital Realty Is A Right REIT At A Right Time For Your Retirement Portfolio [View article]
    Thank you Mr Carnevale for a great article. I enjoy FAST Graphs and your articles. I have owned DLR for several years through its trough when some hedge funds manipulated the stock in presentations for a short thesis (like they did for Realty Income in 2009). I plan to buy more. Having retired from the IT industry I know about the drive to outsource IT and to accumulate enough data to fill the Pacific Ocean both of which are good for DLR.
    Apr 2, 2015. 05:03 PM | 4 Likes Like |Link to Comment
  • Can The Departure Of Jeff Immelt Hasten GE's Recovery? [View article]
    Bloomberg said it but GE denied it, so did Immelt. I think Barclay Bank started the rumor of Immelt leaving.

    GE has done a good job of shedding the credit business that brought it under the gun from banking regulators. As they shed non-core businesses they become able to concentrate on what they do best.

    We went thru all this merger/conglomerate stuff in the 60s, recession in 70s and shedding of non-core parts. It all goes in cycles.
    Mar 4, 2015. 04:20 PM | 3 Likes Like |Link to Comment
  • Wal-Mart: A Very Disappointing Dividend Increase [View article]
    I do not own nor do I plan to own WMT. The recent pay raises, according to the WSJ, were due to the tightening job market, supply and demand required them to up their minimum pay and to improve working conditions. They also have the problem of being rated by customers as the least pleasant place to shop. The article said while you may get service, it will not be with a smile. Also, customers have found WMT is not always the lowest cost provider. I disagree with SEL333 on WMT "will be a strong company". In the early '70s, 1% of all retail sales in the US was in a Sears. When was the last time you thought of going to Sears? The same can happen to WMT.
    Feb 23, 2015. 08:48 AM | 3 Likes Like |Link to Comment
  • Realty Income: Why Now Is Not A Good Time To Sell This REIT Nugget [View article]
    I started accumulating O at just over $17 back in March 2009. It is an essential part of my retirement portfolio. I will sell when O shows signs that it is no longer a solid financial company and is in danger of decline. I will hold them, not fold them.
    Jan 20, 2015. 01:48 PM | 2 Likes Like |Link to Comment
  • It's Hard To Make A Case For Pessimism [View article]
    I stay fully invested because I see "dry powder" money as also being "dead" money.

    As far as pessimism, my Dad said he was a pessimist so he would never be disappointed. That did not stop him from being successful as a pharmacist owning a profitable drug store.
    Sep 13, 2014. 01:26 PM | 2 Likes Like |Link to Comment
  • Dividends Matter If They Matter To You [View article]
    That is the way I do it, dividends to pay the IRS and state income tax on withdrawal and the rest is a move from IRA to our trust account.
    Aug 16, 2014. 11:16 AM | 2 Likes Like |Link to Comment
  • Digital Realty Has A Powerful Moat Of Dividend Repeatability [View article]
    eltoro, I disagree that M* "dropped" DLR because it had no moat. They cover 689 stocks with no moat (I searched for "Moat=none"). They cover over 1700 stocks but not everything. They at least give DLR a grade of C on Profitability and ARCP (which they also do not cover) an F.

    In the notice they were dropping coverage (which was 2 years ago), this was the posting:
    We are no longer providing equity research on Digital Realty Trust DLR. Digital Realty Trust remains among the more dominant REITs serving the specialized and higher barrier-to-entry datacenter/technology real estate sector.

    Morningstar provides broad coverage of more than 1,700 companies across more than 140 industries and we adjust our coverage as necessary based on client demand and investor interest.
    --end of posting.

    I also agree with the post at the bottom of this article. Data centers are not "office space". If you have every been in one, they are custom built fortresses. One I went thru had multiple generators in a containment area out of the back door with large fuel storage tanks. When a hurricane approaches, they have an order with the fuel company to park a tanker alongside the building for additional fuel.
    Aug 1, 2014. 03:46 PM | 5 Likes Like |Link to Comment
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