A couple of points to consider. a) You're not considering the $6.06 in dividends (so, a total return of 24% over your time period). b) 4 years seems an odd choice of time period. Using a reasonably standard time period of 5 years, the annualized return is 3.65% (5.97% w/ dividends).
I'll leave it as an exercise for you to compare the annualized returns over 5 years for other funds/equities.
I believe an "annualized YOC" is a better metric to consider (and also accommodates the comment above from Bill in PA).
I built up a google docs sheet from the example above: The "Annualized YOC" after 24 years would be 6.39%. I also attempted to provide "inflation adjusted" results as well (but just guessed at 3% as the inflation amount for each year).
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
I'm probably also "ambi-lobal", BTW, my math profs hated me when I'd mention Godel while they're trying to teach fundamental number theory, but listening to Bach can make me cry.
I do agree that "pattern recognition is quite basic". I contend that the "non-intellectual" aspect is "emotional" and what differentiates the "left brainers" from the "right brainers". One might interpret a pattern to result in "flight", but another might interpret the same pattern to "fight".
"Anyway, it's all good fun." Yes, it is, and I do enjoy your articles.
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
"Investing for dividends, and investing in general, is heavy on pattern recognition and comparison of data from security-to-security."
IMO, that is your "left-brained" bias. You have a faith in "patterns" as a means of predicting the future. I can also listen to Bach and predict the "unfinished fugue" (but we'll never know if "mine" is true). Others have different manners in which they base their faith, and it may involve "past performance is no indication of future performance".
I would surmise that the true difference would involve the manner in which a persons emotions are driven. Most "left brainers" are likely to be analytical and "right brainers" are likely to be instinctual.
Both can be guilty of "panic selling" or "momentum buying", but their emotions are driven in different manners.
Can The iPhone Boost Alaska Communications? [View article]
mweslowski,
AK telecommunications is very different than that of the lower 48. There are few "wires" in much of the state. A cell tower might be shared, but the transmission might traverse microwave hops and/or satellite.
I know of some that have multiple phones, much like people in South America and/or Europe, in order to obtain clear/cheap communications.
How To Get A Piece Of The Increased Spending On Luxury Fashion [View article]
Thanks for the article and comparisons. We agree both COH and KORS appear overbought, and any positions desired should be taken a bite at a time.
Regarding COH vs. KORS. While both are definitely "luxury" brands, the "social status" aspect requires brand awareness, and COH is in the lead in asia (where we feel the immediate growth will occur). One other key indicator to watch is the margins. We suspect KORS will face margin pressures before COH.
We prefer COH over KORS at this time due to the "safety" aspect you mention, as well as the points above. One thing for certain though is that in this speculative space, what is in/out of "fashion" has more impact than technicals.
"When I asked my wife ..." Always a good plan! Mine is long COH. Perhaps I'll be contrary and ease into a small position of KORS :)
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
counterpoint,
The "hunch" I also agree with. I was just adding a query if there was any validation (e.g. faith based bias?).
I personally find this articles premise to be interesting in order to identify what are the "next" CCC's. It's a tough club to join and really easy to get booted out of!
I will also second my personal thanks to David Fish for the generosity of the work involved in providing the data because I also benefit from it.
Why I Am Content That I Sold Apple And Gave Up Trading [View article]
working stiff ... "I hate my stressful demanding day job", but thanks for the paycheck. day trader ... "I hate my stressful demanding day job", wait, what do you mean margin call?
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
"I hope get a valuation boost when they hit the 5 year mark because they will become "eligible" for those funds and d-g portfolios that sport this as a requirement."
One question I have is if there is any evidence of such a "boost"? It seems logical, just not sure if there is any statistical evidence one way or another.
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
Mr. Fish, thank you for that "indicator". AMGN, CSCO, SBUX, and STJ have already been nominated and might be worthy of another feather for consideration.
Market recap: Prospects for more QE plus growth in China pushed stocks sharply higher for a second session after dovish comments from the Fed's Yellen and Dudley and a rumor about better-than-expected GDP numbers from China. Coal stocks helped lead the way for energy and commodity shares. But the bond market was little changed. NYSE gainers led losers three to one. [View news story]
sigh, the next WAG rumor will be facebook acquiring bing from MSFT.
Retirement: It's All About Savings, Part 2 [View article]
"I do not have a home nor do I plan on buying one, home ownership I believe is something my generation does not value or need especially at the elevated levels that baby boomers were tricked into buying."
I think your value of home ownership is clouded by the "bubble" (and understandable). Do a google on "case-shiller housing graph".
The "trick" was when housing suddenly became an "investment" (it's not, it's a consumable commodity).
"Cash-in on your equity"? Really, because the gallon of milk in my fridge also appreciated in value.
Wal-Mart's Mexican Opportunity [View article]
A couple of points to consider.
a) You're not considering the $6.06 in dividends (so, a total return of 24% over your time period).
b) 4 years seems an odd choice of time period. Using a reasonably standard time period of 5 years, the annualized return is 3.65% (5.97% w/ dividends).
I'll leave it as an exercise for you to compare the annualized returns over 5 years for other funds/equities.
Dividend Investing Misconceptions [View article]
I built up a google docs sheet from the example above:
The "Annualized YOC" after 24 years would be 6.39%.
I also attempted to provide "inflation adjusted" results as well (but just guessed at 3% as the inflation amount for each year).
sheet is here:
http://bit.ly/ImjFAM
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
I do agree that "pattern recognition is quite basic". I contend that the "non-intellectual" aspect is "emotional" and what differentiates the "left brainers" from the "right brainers". One might interpret a pattern to result in "flight", but another might interpret the same pattern to "fight".
"Anyway, it's all good fun."
Yes, it is, and I do enjoy your articles.
Are You a Left Brain Or Right Brain Dividend Investor? [View article]
IMO, that is your "left-brained" bias. You have a faith in "patterns" as a means of predicting the future. I can also listen to Bach and predict the "unfinished fugue" (but we'll never know if "mine" is true). Others have different manners in which they base their faith, and it may involve "past performance is no indication of future performance".
I would surmise that the true difference would involve the manner in which a persons emotions are driven. Most "left brainers" are likely to be analytical and "right brainers" are likely to be instinctual.
Both can be guilty of "panic selling" or "momentum buying", but their emotions are driven in different manners.
Can The iPhone Boost Alaska Communications? [View article]
AK telecommunications is very different than that of the lower 48.
There are few "wires" in much of the state. A cell tower might be shared, but the transmission might traverse microwave hops and/or satellite.
I know of some that have multiple phones, much like people in South America and/or Europe, in order to obtain clear/cheap communications.
How To Get A Piece Of The Increased Spending On Luxury Fashion [View article]
We agree both COH and KORS appear overbought, and any positions desired should be taken a bite at a time.
Regarding COH vs. KORS.
While both are definitely "luxury" brands, the "social status" aspect requires brand awareness, and COH is in the lead in asia (where we feel the immediate growth will occur).
One other key indicator to watch is the margins. We suspect KORS will face margin pressures before COH.
We prefer COH over KORS at this time due to the "safety" aspect you mention, as well as the points above. One thing for certain though is that in this speculative space, what is in/out of "fashion" has more impact than technicals.
"When I asked my wife ..."
Always a good plan! Mine is long COH. Perhaps I'll be contrary and ease into a small position of KORS :)
Demand Will Exceed Supply Of These Rare Metals: How To Profit [View article]
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
The "hunch" I also agree with. I was just adding a query if there was any validation (e.g. faith based bias?).
I personally find this articles premise to be interesting in order to identify what are the "next" CCC's. It's a tough club to join and really easy to get booted out of!
I will also second my personal thanks to David Fish for the generosity of the work involved in providing the data because I also benefit from it.
Why I Am Content That I Sold Apple And Gave Up Trading [View article]
day trader ... "I hate my stressful demanding day job", wait, what do you mean margin call?
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
One question I have is if there is any evidence of such a "boost"?
It seems logical, just not sure if there is any statistical evidence one way or another.
Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
AMGN, CSCO, SBUX, and STJ have already been nominated and might be worthy of another feather for consideration.
Market recap: Prospects for more QE plus growth in China pushed stocks sharply higher for a second session after dovish comments from the Fed's Yellen and Dudley and a rumor about better-than-expected GDP numbers from China. Coal stocks helped lead the way for energy and commodity shares. But the bond market was little changed. NYSE gainers led losers three to one. [View news story]
Retirement: It's All About Savings, Part 2 [View article]
I think your value of home ownership is clouded by the "bubble" (and understandable). Do a google on "case-shiller housing graph".
The "trick" was when housing suddenly became an "investment" (it's not, it's a consumable commodity).
"Cash-in on your equity"? Really, because the gallon of milk in my fridge also appreciated in value.