My husband and I plan to retire on December 31, 2020 at ages 68 and 59 1/2, respectively. We began focusing on dividend growth investing in 2013 but have been invested in mutual funds for decades. Our current DGI retirement portfolio is comprised of the following 61 DGI stocks: ABBV, ABT, ADM, AMGN, AVA, BBL, BMY, CAH, CBRL, CLX, COP, CSCO, CVX, D, DEO, DLR, DUK, ED, EMR, EPD, GE, GILD, GIS, GPC, HCP, IBM, JNJ, KHC, KMB, KMI, KO, LMT, LNT, MCD, MMM, MMP, MO, MRK, MSFT, NEE, O, OHI, OMI, PEP, PFE, PG, PM, SCG, SEP, SO, SYY, T, UL, UPS, UTX, VTR, VZ, WEC, WPC, XEL, and XOM.
In addition, I manage our millennial daughter's dividend growth retirement portfolio of the following 38 stocks: AAPL, ABBV, ABT, ADM, AMGN, BMY, CAH, CBRL, CSCO, D, DIS, DLR, EMR, GILD, GIS, OHI, JNJ, KMB, KO, MCD, MMM, MMP, MSFT, OMI, PEP, PFE, PG, PM, SCG, SO, T, UL, V, VTR, VZ, WEC, WPC, and XOM.
Mr. Berger is the creator and developer of the YDP screening tool, a chart system and its analysis for screening and monitoring dividend income equity investments. The recipient of Seeking Alpha's Outstanding Performance Award, he also has been Seeking Alpha's #3 ranked Author for Income Investing Strategy & #4 for Utilities.
20 years of sitting in the board room gives me unique insights into Oil & Gas investments and corporate deal making in general. Additionally, he offers a Premium Research subscription service for boosting income while reducing market risk using covered option writing on a dividend income equity portfolio.
Residing in Brazil gives me a local's inside view on the pulse of its economy, politics, investment climate and breaking news. A view of my front yard is available here.
A former Chief Operating Officer, Director, Vice President and General Manger of Oil and Gas for Southern Pacific's Oil and Gas Operations, Business owner, geologist, and cribbage player, I've been an investor for over 48 years (started young at 13) and learned my lessons the way that makes them stick, by hard knocks and both big and little mistakes. Hopefully I can share some of those lessons with others.
I am an American expatriate that decided to retire at age 57 in 2009 and now live in Brazil. As an early retiree I invest for income and manage portfolio risk by screening for strong and reliable historic data along with favorable fundamental and technical current trends.
I spend 6 months/year living at home in Brazil and 6 months/year traveling the world. I have structured my financial positions so that I live virtually tax free with much of my income exempt from US tax since I live ex patriot and a lot of my US derived income over the annual ex-patriate exemptions is held in my tax free ROTH and tax deferred IRA/SIMPLE plans. This enables my tax savings to pay for my 6 months of annual traveling :) .
My investing is for income and appreciation with a balance of low to moderate short term risk and low long term risk. To accomplish this I use quality dividend payors with a long track record of steady or increasing dividends along with slowly appreciating equity prices. I target a 6 to 9 % yield and almost exclusively require a minimum history of 5 years of steady/increasing dividends and no decreases in dividend ever or at least past 10 years. I diversify through sector, country and currency unit the stocks are traded in, and security type (equity, royalty trust, REIT, mlp, etf, and ADRs).
I use covered call writing to enhance my portfolio yield with no added risk. In fact, it lowers the risk substantially. Once I identify a stock I want to own and an entry price for it, I write cash covered puts at or below that entry price (with a minimum of 1%/month time premium. Thus i obtain at least a 12% annualized yield before compounding just from the option premium.
Likewise, I use the sale of cash covered puts to generate income and and generally get an entry point at 5 to 10% below my acceptable entry level price if/when the put stock does get presented. Thus my strategy provides a 12% pre compound yield on cash and entry into stock purchases at a 5 to 10% discount from "retail".
Because I only select stocks that I am willing to hold long term for their reliable dividend yields of > 6%, I am not concerned much with market volatility or short/midterm risk. Indeed, market volatility is my friend since it increases the premiums paid on the options I sell. I also selectively sell covered calls on positions I hold long so as to add to my yield that way while not taking on any additional risk.
This strategy has kept me happily living off my portfolio income and traveling 1/2 the year while my portfolio has been slowly increasing in value even after my harvesting income for living expenses. Of course my income will incrementally increase when social security kicks in for me in a few more years and I may then slightly mofidy my goals and strategies.
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Ian worked for Kerrisdale, a New York activist hedge fund, for three years, before moving to Latin America to pursue entrepreneurial opportunities there. His Ian's Insider Corner service provides live chat, model portfolios, full access and updates to his "IMF" portfolio, along with a weekly newsletter which expands on these topics.
Ian is also an associate analyst for Value Investor's Edge. VIE is a top-ranked deep value research service featuring exclusive work from J Mintzmyer, James Catlin, and Ian Bezek.
ex-hedge fund investment professional, 7 years investing experience, mainly looking for special situation opportunities in small-mid cap firms with significantly asymmetric risk/reward profile
Gary A. Gordon, MS, CFP® is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. He has more than 28 years of experience as a personal coach in “money matters,” including risk assessment, small business development and portfolio management. He favors tactical asset allocation strategies over "set-it-and-forget-it" investing.
Gary is often asked to consult as an educator. He has taught financial concepts in Mexico, Singapore, Hong Kong, Taiwan and the United States.
As a Certified Financial Planner™ (CFP®), Gary has distinguished himself as a reputable and trusted investor advocate. He writes commentary for ETF Expert, Seeking Alpha and The Street. Gary’s participation on local and national radio has spanned more than two decades, and he currently hosts the ETF Expert Show.
Gary is a “good sport” when his wife, Denise, beats him at Scrabble. Most of all, Gary takes special pride in a not-so-little energizer… his 20-year old daughter, Wei Gordon.
Founder of "The Contrarian", a premium research service, featuring the "Bet The Farm" Portfolio. Actively investing since 1995, I have soared like an eagle, and been unmercifully humbled by the markets. Achieved positive returns in 2008, and turned an account with $60,310 on 1/1/2009 into an account with $3,177,937 on 11/30/2009. My best years have been 1995-2003, 2008-2012, and 2016-????. My worst years were 2013-2015. I believe inflation is coming, and we are at an inflection point in the markets.
Twenty year career as an investment analyst, investor, portfolio manager, consultant, and writer. Founder of Koldus Contrarian Investments, Ltd, which was incorporated in the spring of 2009. Dyed in the wool contrarian investor, who has learned, the hard way, that a good contrarian is only contrarian 20% of the time, but being right at key inflection points is the key to meaningful wealth creation in the markets. I believe we are near a meaningful inflection point, perhaps the biggest one yet, for the third time in the past 15 years.
Historically, I have had huge wins and impressive losses based on a concentrated, contrarian strategy. Trying to keep the good while filtering out the bad.
Seeking to run an all weather portfolio with minimal volatility and index overlays to capture my strategic and tactical recommendations along with a concentrated best ideas portfolio, which is my bread and butter, but the volatility only makes it suitable for a small piece of an investor's overall portfolio. The following are a couple of my favorite investment quotes.
"Life and investing are long ballgames." Julian Robertson
"A diamond is a chunk of coal that is made good under pressure."
"Knowledge is limited. Imagination encircles the world." Albert Einstein
I’ve been on top of the world, and the world has been on top of me. I have learned to enjoy the perspective from each view, and use opportunities to persistently acquire knowledge, and enjoy the company of those around me, especially loved ones, family, and friends.
At heart, I am a market historian with an unrivaled passion for the capital markets. I have had a long history and specialization with concentrated positions and options trading. Made money in 2008 with a net long portfolio, deploying capital in some of the market's darkest hours into long positions including purchases of American Express, Atlas Energy, Crosstex, First Industrial Real Estate, General Growth Properties, Genworth, Macquarie Infrastructure, Ruth Chris Steakhouse, and Vornado near their lows. Shorting, hedging, and option strategies also helped me in 2007 and 2009, and these are skills that I have developed ever since I started trading heavily in 1996.I enjoy reading, accumulating knowledge, and putting this knowledge to work in the active capital markets, learning lessons along the way.To this day, I continue to learn, and some of these learning lessons have been excruciatingly difficult ones, especially over the past several years, as I made mistakes allocating capital, including a sizable portion of my own capital (I always invest alongside my clients), to commodity related stocks. While all commodity related stocks have struggled since April of 2011, coal companies, which attracted me due to their extremely cheap valuations, and out-of-favor status (I am a strong believer in behavioral finance alongside fundamentals and technicals) have been the worst investing mistake of my career. The focus on the commodity arena has been the biggest mistake of my investment career thus far, yet in its aftermath, I see tremendous opportunity, even larger in scope than the fortuitous 2008/2009 environment.The capital that I accumulated and the confidence gained in navigating the treacherous investment waters of 2008 gave me the confidence to launch my own investment firm in the spring of 2009, right before the ultimate lows in the stock market. At the time I was working as a senior analyst at one of the largest RIA's in the country, and I felt strongly that the market environment was the best time since 1974/1975 to start an investment firm.
Prior to starting my firm, I was a senior analyst for three different firms over approximately 10 years (Charles Schwab, Redwood, Oxford), moving up in responsibility and scope at each stop along my journey. Since I was a paperboy, I have always had an interest in the investment markets. I love researching and finding opportunities. I am a Chartered Financial Analyst, CFA, as well as a Chartered Alternative Investment Analyst, CAIA. After starting in the teaching program at Ball State University, I switched to a career in finance when I turned a small student loan into a substantial amount of capital. I graduated summa cum laude with a degree in finance from Ball State.
Full disclosure, I am not currently a registered investment advisor, though I did serve in this capacity from 2009-2014, while owning Koldus Contrarian Investments, Ltd. Additionally, I held various securities licenses from 2000-2014, without a single complaint filed, and I continue to hold industry designations. At the end of 2014, I voluntarily let my state registration expire, as I transitioned the business to a different structure. Prior to this, I had passed, and held, various securities exams and licenses, including the Series 7, Series 63, and Series 65 exams, in addition to others, alongside my CFA and CAIA designations. Unfortunately, I did not file the proper paperwork to withdraw my state registration, and I did not disclose a personal arrangement, and subsequent civil case, between myself and a former close personal friend and client, that was initiated in 2011. I was unaware that I was required to disclose these items, and my securities attorney, at the time, did not advise me to do so. Previously, I had managed a portfolio for this gentleman, and we had taken an investment of approximately $7 million in 2009, and grown it to over $25 million at the beginning of 2012. After a difficult year of performance, an employee of the firm I owned, and friend, resigned in early 2013, and took the aforementioned client to a competing firm. As a result of not filing the proper paperwork, I agreed to a settlement, with a potential $2500 fine in the future, depending on if I choose to reapply to be a non-exempt advisor.
I'm a young private investor. I prefer concentrated bets on small, quality businesses. I'm a strategic generalist, tactical specialist; I scan broadly looking for quirky things to become obsessed with for awhile, to accumulate clusters of competence in neglected niches. I'll place on my watch-list most anything that is predictable enough to value accurately, and wait for the right price. My idea horizons, which used to be ~1 year, seem to be lengthening.
My current top holdings are FN, KTCC, AGM, NVMI, EMAN, SILC, and SLP.
I obtained my CPA in 1990 and became a CFA charter holder in 2000. I consider myself an expert in Quantitative and Qualitative analysis and have extensive experience in Technical Analysis. I also have a deep interest in stock market history and hold degrees in Economics (BSBA) and Management Information Systems (MBA). I have been actively involved with investment analysis and investment management since 1985 but have been a student of investing since the 1960s. I owned my first individual stock position while still in high school. I am a student of Benjamin Graham and Warren Buffett. I have achieved a uniquely diverse experience from multiple careers that has allowed me to develop a broad perspective enabling me to look at the big picture of macroeconomics all the way down to the retail unit or factory floor. In my youth I was in retail, then served in reconnaissance during my tours in Vietnam. I have been a blue collar, union worker in a factory and a manager in services, hospitality and transportation as well as a manager of professional staffs. I have more than 20 years of experience each in both public and private sectors. I have personal points of reference that many analysts will never have. I bring more to the table than just the theories and models I have studied or built. To understand more about my investing philosophy please visit my blog on my website.
Eli Inkrot is a writer. Check out his website: thecurrencyoftime.com, his articles here on Seeking Alpha or his book - "You Don't Have A Money Problem" - on Amazon.com.
Additionally, here is a quick bio:
Eli has held the title of Vice President and Portfolio Manager at EDMP Inc. - a money management firm - along with Vice President for F.A.S.T. Graphs - a financial software company.
Prior to that, he began his investment career as an analyst in private real estate for a public pension fund. During his time in real estate he was the lead for a variety of accounts with net asset values totaling nearly two billion dollars. Eli received a Master’s in Finance from the University of Tampa where he earned “highest honors” whilst receiving the distinction of being named the “most outstanding graduate student.” He also holds undergraduate degrees in both Economics and Business Administration from Otterbein University, graduating “magna cum laude” with distinct honors in each major. During his tenure at Otterbein, Eli was a member of the varsity golf team, held the departmental Senator position for Business, Economics and Accounting and studied abroad in the Netherlands.
I am a Healthcare professional with a special interest for statistics and financials. I have an academic approach to investing, reading articles and research on any topic that catches my interest. After 7 years trading derivatives I have realized it is time to create a long term portfolio for retirement. I have a special interest in quantitative approaches and are applying that methodology to my research into suitable investments for my retirement portfolio.
If you are interested in any of my digital utility solutions to add to your investing tool box to improve your investment outcomes, please visit my site
You'll find elegant applications that make it simple for you to track your portfolio in real time, make a watch list to follow in real time, track your dividend income and growth, and other applications. These applications will allow you to set alerts at prices you choose in order to obtain the yield and income that you want. They function as real time trade assistants and will improve your investment performance. You can even mirror the successful FTG Portfolio with "My FTG Mirror Calculator", and subscribers can mirror the premium subscriber portfolio with "MY RODAT Mirror Calculator" if they wish to emulate the out performance we've achieved in capital and income growth.
I am a retired clinical psychologist, and administrator and owner of a rehabilitation clinic we founded 40 years ago. For over 55 years I have managed several portfolios composed of investments accumulated over our professional careers. Since the financial crisis of 2008, I have employed specialized, customized dividend growth strategies aimed at enhancing and growing a dividend income stream.
Since December 24, 2014, I have demonstrated on Seeking Alpha the ongoing construction and portfolio management of the Fill-The-Gap Portfolio aimed at highlighting strategies investors may utilize to close the gap between an average Social Security benefit and the much greater costs faced in retirement.
This portfolio has outperformed all of the broad market indexes by a very wide margin, growing dividend income and total portfolio value consistently while the broader indexes struggle in negative territory all year.
Aside from free articles available to the general public, additional early-access, value-added ideas and deep-dive articles are offered to paid subscribers on my premium SA platform, "Retirement: One Dividend At A Time"
Let me show you how to build and grow your portfolio and dividend income, step by step, towards a comfortable and secure retirement.
Ranked #18 overall blogger by TipRanks for 2014. University of Virginia, class of 2011 B.A. English I am a young investor focused primarily on dividend growth stocks. Seeking Alpha, and more specifically, the dividend and income community that exists here, has played a significant role in my development as a portfolio manager. I am not a professional, though I do manage my family's finances. I enjoy the process; the research, the decision making, the strategic planning...and not paying a financial adviser to do the work for me. I've built what I believe to be a conservative, diverse, and balanced dividend growth portfolio currently consisting of 65 positions. Thus far, I've been able to meet by goals from income, income growth, and capital appreciation standpoints. I use a wide variety of metrics, both fundamental and technical, when establishing fair value when doing my due diligence on an individual company. All of my methods are discussed in my work here. I hope this work inspires debate, conversation, and education - this is why I write for Seeking Alpha, to give back to the community that has helped me so much and to hopefully contribute, in some way...even if its by posing a question, to the growth of others.
*I should note that all articles that I write here are done so for my personal informational/educational purposes only. Any purchases that I make or opinions that I express are not meant as recommendations for anyone else. Please perform your own due diligence before following my lead into or out of a position. I am not a professional. I enjoy investing and the open discussion that articles on this site inspire - this is why I write, not to influence anyone else's decisions, but to enhance my own ability to make sound financial choices. That being said, I wish the best of luck to everyone. May we all meet our own financial goals.
I manage time to my best advantage. When I make a comment, I add (for the convenience of others) that I will uncheck after X-hrs. This generally avoids time wasted on repetitive comments, zonderkites, and arguments. Thereafter, if I make additional comments, I mentally reset my unck period. (I also respond to PMs.)
My journey as a self-directed investor (SDI) began in 1973, and resulted in financial independence at age 52, which also allowed me to retire from corporate life in Feb 1995.
I’m now 75. Over the 22 years of my retirement (including 2 major recessions, and soon 7 years of increasing annual RMDs), and without additional contributions, through YE2016, my IRA increased 277%, whereas inflation increased 64%. There are many concerns for retirees to worry about...but for those who retire financially independent, and remain well-diversified, 'running out of money before running out of life' can be moved toward the bottom of their list.
The IRA I discuss on SA is but 1 of our 6 portfolios (and about 1/4th our net worth). I mention this as evidence young professionals can have a family and career, and also attain financial freedom as their career advances over the decades to follow IF they (and spouse) are willing to live a few percentage points below their means (deferring a measure of material gratification) so as to invest sufficient sums for compounded total returns so as to ensure their future retirement at a lifelong living standard as high (or higher) than they enjoyed in pre-retirement. True financial independence doesn't require any level of positive market performance--but instead assures a comfortable living standard in spite of negative market performance.
The income paid to my IRA equals twice our basic annual living expenses for food, clothing, shelter, taxes, transportation, entertainment, and various insurances (but excluding our normally generous variable expenses for travel and gifting).
My primary goal remains as it has always been--total return (price change + distributions). Mine is the age-old strategy of Growth & Income. Though 100% of my IRA’s positions pay dividends, growth of its income leg is a secondary goal to growth of price return. My IRA's total returns from price compounding are far superior to those from distributions during this 8-year bull market. (DGI is a cousin strategy that focuses upon income rather than total return--I often defend DGI when it is attacked.)
Though I own a handful of REITs and a couple ETFs holding MLPs, I have found C Corps (and especially those tilted toward growth of revenues and earnings) offer superior TR, including in our present slowly rising rate environment.
There is much evidence dividends have historically been a meaningful and reliable contributor to long-run total returns. C corps having long records of paying and increasing dividends signal management’s ability to generate excess free cash flow for which their BoD funnels a portion directly to shareholders--to do so consistently requires conservative management.
I've also found the price compounding leg of TR is improved to the extent I'm willing to diversify into low-yield high-growth dividend-payers (as well as into dividend-paying ETFs containing established largecap pure growth companies). Chuck Carnevale has authored several articles making this point. In addition, today's pure growth companies are almost certain to become the attractive dividend-payers in the future. For example, by comparing IVE (the S&P500's value stocks) to IVW (its growth stocks) over the last 1, 3, 5, 10 & 15 years, we find growth out-performed value in each period. Alternatively, simply examine QQQ (NASDAQ top 100 ETF) very impressive TR for those same periods (it yields about 1%).
I recently added IVW and BXMX (yielding 1.4% & 6.4%) to my portfolio, I've added exposure to some growthier dividend-payers and pure growth companies I would not otherwise have room for in my portfolio (e.g., dividend-payers AAPL, Home Depot, United Health, JP Morgan, & Walt Disney), as well as some great pure growth names I've too long avoided (e.g., Amazon, Facebook, Alphabet, Berkshire Hathaway, Celgene & Priceline). It follows both improved total return and a smoother-ride are the probable result of my adding growth ETFs to my portfolio. This also applies to my recent diversification into ETFs covering foreign, and emerging markets.
Finally (but especially germane to myself): Due to age and recent health events, I’m proactively engaged in modifying my IRA to make it yet more conservative, and (when necessary) able to operate passively for long periods on “autopilot”.
2017 OBJECTIVE -- MAJOR PORTFOLIO TWEAKS
I’ve set the following objectives to be met by year-end (or soon thereafter):
(1) Shift time priorities--adding more daily quality of life pursuits, while subtracting from monitoring stocks, markets & economy;
(2) Diversify asset classes to reduce risk--Risk isn't only volatility; risk is also what might happen, even if it didn't! I'm adding 2 bond ETFs (primarily as a income source also serving as a shock-absorber to periodic severe and/or prolonged declines in equities);
(3) Extend my allocation to growthier dividend-payers to include pure growth (which I've too long ignored since 2008), plus foreign and emerging market stocks.
MY IRA CONSISTS OF 2 SUB-PORTFOLIOS
My CORE Portfolio focuses upon businesses whose model includes a COMPETITIVE MOAT that endures through COMPLETE BUSINESS CYCLES, and produces EXCESS FREE CASH FLOWS beyond that required to maintain its moat, and shares that excess with its shareholders via DIVIDENDS.
The majority of my Core positions have these characteristics: They are defensive positions having top and bottom line growth rates which categorize them as 'slow-growth' and 'bond-substitute'; they're generally found among Consumer Staples, Utilities, Healthcare, and Telecoms. Also, almost all outperformed the S&P500 in 2008, the only calendar year of the Great Recession.
I'll trim positions when overvalued. I’m strongly of the opinion investments are "tools with which to meet goals"--we should not marry our stocks, nor otherwise be forever committed to them. A broken stock is no different than a broken circular saw, pliers, or drill press--until repaired or replaced, they mostly take up space.
CORE PORTFOLIO UPDATE -- JULY 2017
My Core Portfolio (30 of 51 total positions), is by design quite conservative. Positions are selected for reduced risk (as opposed to greatest possible return). This portfolio is dominated by companies categorized by Morningstar as 'slow growth' companies sometimes derisively called 'bond-substitutes'. With a few exceptions (noted in the next paragraph), my Core positions are assigned to defensive sectors (i.e., Consumer Staples, Utilities, Healthcare, and Telecom)--generally, they plod along rather steadily, and also under-perform the S&P500 over the long-term (Morningstar provides 15-yr data).
Nonetheless, I'm pleased to report 10 positions have out-performed the market over that long-term: UL, NEE, AMGN, SYK, O, OHI, VTR, MCD, CSX AND NSC. In addition, the 2 bond funds (LQD and TLT) out-performed 6 of my equity positions (KO, MDLZ, MRK, PFE, & VZ).
Columns 1 and 2 demonstrate my defensive Core positions significantly out-performed the market in the last severe recession, which suggests they will do so again (the S&P's actual peak-to-valley decline from Oct 2007 to Mar 2009 was -58%). This is particularly important to retirees, as their greatly reduced life expectancy generally suggests a strong defensive allocation, including bonds.
Columns 3 and 4 reflect the past 15-year performance (TR) of my Core positions relative to the S&P.
Due to on-going recovery from a June 23rd surgical procedure, this update is a couple weeks late; thus data in columns 4 and 5 below is as of July 14th:
. . . . . . . . . . . (1) . . . . . . . (2) . . . . . . (3) . . . . . . . (4)
. . . . . . . . . . 2008 . . . . . 2008 . . . . 15-Yr. . . . . 15-Yr.
. . . . . . . . Position . . . . . S&P . . . Position . . . . S&P
. . . . . . . . Tot. Ret. . . Tot. Ret. . . Tot. Ret. . . Tot. Ret.
Consumer Staples (6):
PG . . . . . -13.7% . . . -37.0% . . . . . 6.9% . . . . 9.0%
UL. . . . . . -35.8% . . . -37.0% . . . . . 9.1% . . . . 9.0%
KHC. . . . . . 0.3%. . . . 16.1% . . . . . 0.3%. . . . 16.1%
[KHC reflects 1-Yr TR data]
KO. . . . . . -23.8% . . . -37.0% . . . . . 5.6% . . . . 9.0%
PEP . . . . . -25.7% . . . -37.0% . . . . . 8.4% . . . . 9.0%
MDLZ. . . . -14.3% . . . -37.0% . . . . . 4.7% . . . . 9.0%
NEE . . . . . -23.1% . . . -37.0% . . . . 13.2% . . . . 9.0%
D . . . . . . . -21.1% . . . -37.0% . . . . . 8.7% . . . . 9.0%
EXC . . . . . -29.4% . . . -37.0% . . . . . 6.7% . . . . 9.0%
SO . . . . . . . -0.2% . . . -37.0% . . . . . 7.4% . . . . 9.0%
AMGN. . . . . 24.5% . . . -37.0% . . . 19.4% . . . . 9.0%
ANZ. . . . . . . 0.3% . . . -37.0% . . . . . 6.9% . . . . 9.0%
[ANZ --Sold OOM CC options]
BMY. . . . . . . -6.5% . . . -37.0%. . . . . 8.1% . . . . 9.0%
[BMY--Sold OOM CC options]
JNJ. . . . . . . . 7.6% . . . -37.0%. . . . . 8.1% . . . . 9.0%
MRK . . . . . -45.1% . . . -37.0% . . . . 4.5% . . . . . 9.0%
PFE . . . . . -16.5% . . . -37.0% . . . . 2.6% . . . . . 9.0%
MDT . . . . . -35.9% . . . -37.0% . . . . 6.7% . . . . . 9.0%
SYK . . . . . -46.0% . . . -37.0% . . . 16.5% . . . . . 9.0%
OHI (REIT). . 6.9% . . . -37.0% . . . 14.9% . . . . . 9.0%
VTR (REIT) -21.3% . . . -37.0% . . . 15.7% . . . . 9.0%
T. . . . . . . . -27.6%. . . . -37.0% . . . 4.9% . . . . . 9.0%
VZ . . . . . . -21.5% . . . . -37.0% . . . 4.9% . . . . . 9.0%
Other Equity (6):
O (REIT). . . -8.2% . . . -37.0% . . . 11.2% . . . . . 9.0%
DEA (REIT) . . n/a . . . . . .n/a . . . . . 6.7% . . . . .16.0%
[DEA reflects 1-yr TR]
MCD. . . . . . 8.3% . . . . -37.0%. . . 13.7% . . . . . 9.0%
[MCD is a Cons. Disc. Stk, but customers 'trade-down']
CSX. . . . . -24.4% . . . . -37.0% . . . 17.2% . . . . . 9.0%
NSC . . . . . . -4.3% . . . . -37.0% . . . 13.6% . . . . 9.0%
[CSX & NSC are Industrials, but railroads are near-monopolies]
SPHD (ETF). n/a . . . . . . -37.0% . . . 12.8% . . . . 9.0%
LQD (ETF) . . 2.4% . . . . -37.0%. . . . 6.0%. . . . . 9.0%
TLT (ETF) . . 33.9% . . . . -37.0% . . . . 7.4%. . . . 9.0%
Core Portfolio Report on 2017 Objectives:
I planned to exit CVS, CMCSA, and SBUX.
I exited those 3 stocks, and initiated planned positions in identified ETFs.
OPPORTUNISTIC PORTFOLIO UPDATE -- JULY 2017
By definition cyclical stocks are expected to out-perform during bull markets, and under-perform in bear markets (the recession being the obvious example of under-performance). I keep my cyclicals (21 of 51 positions) in my OPPORTUNISTIC Portfolio. in a bear market, I will heavily trim or exit them. In addition, over several years, and so as to further moderate risk, I’ll likely exit most of my cyclical stocks, placing the proceeds in diversified ETFs.
. . . . . . . . . . . (1) . . . . . . . (2) . . . . . . (3) . . . . . . . (4)
. . . . . . . . . . 2008 . . . . . 2008 . . . . 15-Yr. . . . . 15-Yr.
. . . . . . . . Position . . . . . S&P . . . Position . . . . S&P
. . . . . . . . Tot. Ret. . . Tot. Ret. . . Tot. Ret. . . Tot. Ret.
BMO . . . . . -49.9% . . . . -37.0% . . . . 11.2%. . . 9.0%
TD . . . . . . . -45.4% . . . . -37.0% . . . . 13.3%. . . 9.0%
WFC . . . . . . . 2.0% . . . . -37.0% . . . . . 7.4% . . . 9.0%
MA. . . . . . . -33.3% . . . . -37.0%. . . . . 22.6%. . . 9.0%
[MA reflects 10-yr TR data]
PFG . . . . . . -66.6% . . . . -37.0% . . . . . 6.7% . . . 9.0%
NRZ m(REIT) . n/a . . . . . . . n/a . . . . . 19.2%. . . 10.2%
[NRZ reflects 3-yr TR data; sold OOM CC options]
BXMX (CEF) -26.8% . . . . -37.0% . . . . . 6.9% . . . 9.0%
CSCO. . . . . -39.8% . . . . -37.0% . . . . . . 6.3%. . . 9.0%
MSFT . . . . . -44.1% . . . . -37.0%. . . . . . 8.3%. . . 9.0%
INTC. . . . . . -43.0% . . . . -37.0%. . . . . . 6.1%. . . 9.0%
Consumer Cyclical (1):
LVS . . . . . . -94.3%. . . . -37.0%. . . . . . 0.8%. . . . 7.0%
[LVS reflects 10-yr TR data; sold OOM CC options]
XOM . . . . . -13.1%. . . . . -37.0%. . . . . . 7.6% . . . 9.0%
RDS.B . . . . -34.3%. . . . . -37.0%. . . . . . 5.6% . . . 9.0%
AMLP (ETF) . n/a . . . . . . . . n/a . . . . . . . 1.1% . . 15.1%
[AMLP reflects 5-yr TR data]
AMZA (ETF) . n/a . . . . . . . . n/a . . . . . . . 6.0% . . 16.2%
[AMZA reflects 1-yr TR data ]
GE. . . . . . . -53.0%. . . . . -37.0% . . . . . 2.3% . . . 9.0%
[GE--Sold OOM CC options]
Other Equities (5):
IVW (ETF) . -34.8% . . . . -37.0% . . . . . 9.3% . . . 9.0%
IJR (ETF) . . -31.5% . . . . -37.0%. . . . 11.5% . . . 9.0%
EEMV (ETF) . . n/a . . . . . . . n/a . . . . . . 3.1% . . . 3.3%
[EEMV reflects 5-yr TR data]
IDV (ETF) . -52.0%. . . . . -37.0% . . . . . 0.7% . . . 7.0%
[IDV reflects 10-yr TR data]
IEUR (ETF). . . n/a . . . . . . . n/a . . . . . . 2.2% . . 10.2%
[IEUR reflects 3-yr TR data]
Opportunistic Portfolio Report on 2017 Objectives:
I planned to use limit-sell orders to reduce or exit these OPPORTUNISTIC Positions in 2017:
General Electric (GE) -- Reduced position, plan to exit this year.
Starwood Property (STWD) -- Exited position with assistance of OOM covered calls.
New Residential (NRZ) -- Significantly reduced position with assistance of OOM covered calls, plan to exit this year.
InfraCap MLP ETF (AMZA) -- Reduced, will reduce a little more this year.
LIFE IS GREAT--it's been an unbelievably awesome ride!
Brad Thomas is a research analyst and he currently writes weekly for Forbes and Seeking Alpha where he maintains research on many publicly-listed REITs. In addition, Thomas is the Editor of the Forbes Real Estate Investor, a monthly subscription-based newsletter. He is on the Advisory Board of NY Residential REIT and he is a shareholder and publisher on TheMaven (MVEN).
Thomas has also been featured in Forbes Magazine, Kiplinger’s, US News & World Report, Money, NPR, Institutional Investor, GlobeStreet, CNN, Newsmax, and Fox. He is the #1 contributing analyst on Seeking Alpha in 2014, 2015, and 2016 (based on page views).
Thomas has co-authored a book, The Intelligent REIT Investor, and is the author of The Trump Factor: Unlocking The Secrets Behind The Trump Empire (available on Amazon).
Thomas received a Bachelor of Science degree in Business/Economics from Presbyterian College and he is also on the Advisory Board of the Donald J. Trump Presidential campaign.
A full time investor in stocks, bonds, options, and real estate who previously worked as a financial/investment journalist/analyst. Previous industry stints include privately held SageOnline Inc. - where he held multiple positions - as well as Multex.com, acquired by Reuters, where he was an equity research editor. Aloisi is a cum laude graduate of Penn State University, currently residing in native South Central Pennsylvania with his wife and 2 children.
Income investing has become his focal interest due to the challenges that the ZIRP environment presents. Not an advocate of any single portfolio strategy, he promotes a "go anywhere" philosophy predicated on value, forward thinking, sustainability, and personal objectives. While the past may be instructive, Aloisi cautions on over reliance.
In his free time he likes to talk politics, play the piano, garden, and go antiquing. Mr. Aloisi voluntarily serves as VP of his local school board.
First, the good stuff. Here's my portfolio ...
+++Consumer Discretionary (5): HD, MCD, NKE, SBUX, TGT
+++Consumer Staples (11): COST, CVS, GIS, HRL, KHC, KO, MO, PEP, PG, PM, WBA
+++Energy (3): CVX, KMI, XOM
+++Financial (1): MAIN
+++Health (5): ABBV, AMGN, GILD, JNJ, MCK
+++Industrial (4): BA, HON, LMT, MMM
+++REITs (5): HCN, NNN, O, OHI, VTR
+++Technology (4): AAPL, MSFT, QCOM, V
+++Telecom (3): BCE, T, TU
+++Utilities (5): D, NEE, SCG, SO, WEC
+++ALSO: small stakes in 24 additional companies held in the Dividend Growth 50 portfolio (http://seekingalpha.com/article/2764265-its-new-its-nifty-its-the-dividend-growth-50): ADP, AFL, BAX, BDX, CAT, CL, CLX, COP, DE, EMR, GE, GPC, HCP, HSY, IBM, KMB, MKC, QCP, SHPG, SJM, UTX, VZ, WFC, WMT. (Also small stakes in COST, VIG, VOO and VDIGX bought the same day as the DG50.)
Now, a little about me:
I am a 50-something former sportswriter who was sent on a permanent vacation during the Great Recession. That sucked, but my story is not a sad one. Unlike many folks who lost their jobs, I am not in financial distress, I am not depressed and I am not bored.
My wife is a pediatric nurse with a bullet-proof job and decent benefits. So after supporting her and our two kids (now grown) for most of three decades, the least she can do is support my semi-retired keister!
Because of Roberta's job situation, because we have zero debt (not even mortgage debt), because we no longer have any dependents and because we have been pretty diligent savers over the years, we are comfortable (though nowhere near rich).
Although we hold some funds, bonds and cash, my investing philosophy leans heavily toward Dividend Growth Investing. By early next decade, we want to live entirely off of our income stream, Social Security and pension payments - and therefore will not have to spend down the principal one iota. To accomplish this, we invest mostly in blue-chip companies with long track records of growing dividends. As of mid-2017, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha and other Web sites, I am the assistant women's basketball coach at Charlotte's Ardrey Kell High School, one of the best schools (and basketball programs) in the state. I just wrapped up a 4-year stint as the middle school head coach at Metrolina Regional Scholars Academy, where we won conference titles my last two seasons as part of our 34-4 record. I also umpire youth baseball and referee youth basketball.
My wife and I dote on our 6-year-old pup, Simmie, and keep up on the doings of our now-grown kids, Katie and Ben. And we love to cheer on the basketball team of our alma mater, Marquette University, where we both majored in Journalism. Go Golden Warrior Hilltopper Avalanche Eagles! Also big fans of the Carolina Panthers.
I still occasionally post to the blog I initiated in 2007 -- lots of sports stuff, some politics, some personal junk -- at www.TheBaldestTruth.com.
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A veteran of the pharma industry. Specializing in the analysis of small pharma companies with a focus on the pipeline and opportunities for licensing or major deals with large pharma. Financial analysis including burn rate, venture capital funding, and cash flow.
Over 35 years of investing in individual stocks. Extensive business experience with small to mid-size companies, including as CEO. Many hundreds of blog posts on financial and economic matters since 2008. Focus on value with catalysts for upside price action; and biotech. Background as a physician and pharmaceutical inventor and entrepreneur, however focus now is global and involves almost all economic categories.
I have retired from a 35 years career in the semiconductor industry. I now have the time to do the deep research necessary for successful investing.
I freely provide investment information for friends and family.
I am a member of MENSA, which means precisely nothing except I wake up in the middle of the night doing pointless math problems in my head:)
2nd Market Capital Advisory specializes in the analysis and trading of real estate securities. Through a selective process and consideration of market dynamics, we aim to construct portfolios for rising streams of dividend income and capital appreciation.I am an investment adviser representative of 2nd Market Capital Advisory Corporation.
Jennifer's areas of expertise include energy trends —their economic and geopolitical implications—and resource sustainability issues. Other interests include shale oil and natural gas, climate change, green and efficient infrastructure, China, India, and the energy-water nexus.
Her work has been published in various academic, policy and business publications such as Far Eastern Economic Review, Economist Intelligence Unit’s Executive Briefing, Journal of Structured Finance, Lloyd's List, D CEO, Energy Trends Insider, Financial Sense, and many others. She has been interviewed for numerous radio broadcasts and news stories, and presented her work at various conferences. From Dec 2010 to April 2013, she was the CEO/President of a global affairs organization focused on cutting edge trends. She organized and moderated panels on global gas, energy security, energy infrastructure finance, and urban development.
She has a master's degree from London School of Economics, and bachelor's in finance/marketing. She is principal of Concept Elemental, a strategic communications consultancy focusing on knowledge work, and includes over fifteen years of financial services industry work. She works with a top University, "translating" cutting edge research as well.
I am a Ph.D. level scientist at a major pharmaceutical company. Previously I was an NIH Cancer Postdoctoral fellow at UPENN. Through my extensive research background, I am able to quickly decipher clinical information and act on it. I specialize in analyzing and trading biotech/healthcare stocks both long and short. I maintain a few core positions and trade clinical events based on extensive research to realize large percentage gains. I am open to opportunities in consulting for financial firms or local advisors. Please contact me if you are interested.
Simple, clear, actionable investment ideas for private investors - that's the aim of Team Money Research!
We seek out Alpha opportunities. Our goal is to share those ideas with you, our readers, so that we can learn together and, ultimately, find the most attractive investment opportunities.
We look for a mixture of stable, well-covered dividends and long-term growth potential in stocks across the S&P 500.
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F.A.S.T. Graphs™ is a powerful research tool providing “essential fundamentals at a glance” on over 17,000 symbols. F.A.S.T. Graphs™ empowers the user to research stocks deeper and faster by allowing them to exploit the undeniable relationship and functional correlation between long-term earnings growth and market price. Warren Buffett, the greatest capital allocator of all time, said; “there are only two things that investor needs to know; how to value a company and how to think about stock prices.” With the F.A.S.T. Graphs™ at their disposal, users are able to perform both of these critical tasks… FAST. F.A.S.T. is an acronym for Fundamentals Analyzer Software Tool that takes all the hours of manual graphing of business fundamentals and reduces it to seconds, giving you critical information in an instant. With one glance you know a lot about the business you are graphing and its past, present and future value. F.A.S.T. Graphs™ should be the first step in every research project. Each graph is worth 1,000 words in describing a company’s growth, consistency and valuation.
On October 31st, 2014, I retired. Turned in the keys to the company car, gave them my computer and my account lists and joined the ranks of those who "slipped off into the sunset." I never thought in retirement that I would be this busy. It's fun. Time with the grandkids, time to perfect my cooking skills, and time to travel and check off the things on my bucket list. I should have done this a long time ago.
-I have been investing since the fall of 2008 and invested through one of the most difficult investing periods in history and know the importance of dividend growth and stability during those times as well as during the good times. I started writing for Seeking Alpha at the end of 2011 and I have been successful with the companies I write about, which is shown by my high TipRanks success rate (Link Below). https://www.tipranks.com/bloggers/brad-kenagy