Data Center Knowledge - Contributor: writing about data centers REITs -- a new and growing asset class -- attempting to bridge the gap between technology & traditional REIT investors.
Researching and writing at the corner of Main St. & Wall St. where real estate often intersects with trends in: technology, ecommerce, office/industrial, healthcare, cloud computing, energy infrastructure & green initiatives.
Recently covered breaking news and actionable ideas REIT ideas for Benzinga "REIT Beat," now Contributor/Sr. REIT Expert. Select articles featured on Investopedia.com, Seeking Alpha, and published on Yahoo! Finance, Google, MSN, Finviz and many other financial portals. Recent Select Freelance contributor for Motley Fool, writing about REITs and real estate topics for the Financial Bureau.
I have over 25 years of experience as a: developer of institutional quality office and industrial facilities, general contractor, homebuilder, managing general partner for private limited partnerships, and have performed consulting and transactional real estate services for others, including entitlements for planned commercial/office/industrial developments.
Past job experience included: V.P. of Energy Services for a Florida based Mechanical Contracting company, which subsequently was acquired by EMCOR (NYSE: EME). Responsibilities included development and "financial engineering" of projects to reduce energy consumption and total cost of ownership solutions, partnered with the two major Florida electric utilities, and private companies, (including Enron Energy Services!).
Education: UCLA - BA Economics, including graduate coursework in Real Estate Finance.
Masters Degree from St. Thomas University - Miami, FL
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.
I am a retired professor, a retired investment adviser, and currently a private investor and full-time tennis pro. I bought my first stock in a custodial account in 1958. I am a student of history, particularly military and economic/market history. The intellectual passions of my retirement years have been markets, mathematics, and quantum theory. Recently I have found myself reading book after book on the thoughts and feelings of animals, and I believe they are subtly influencing some of my views. I have a cat I like a lot. I like to travel. I served in Vietnam.
Mohit Manghnani is presently a full time editor at Seeking Alpha. He covers the new IPO's and follows live market commentary. Before joining Seeking Alpha, Mohit worked with a start-up - Research firm where he worked in the capacity of a Team Leader tracking company events and results.
Born in the U.A.E, Mohit spent most of his growing up years in Dubai. Currently, he resides in Mumbai, India and is pursuing his charter in Accountancy.
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 work on the crossroads of design, branding, consumer research and product development. Occasionally, I buy shares of companies, whose industry I understand or work in.
However, I take capitalism and its machinations with the necessary spoonful of quality Swedish stone salt.
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.
The Virtuous Cycle is debuting The Prime Portfolio and The Action Portfolio while building them from the ground up, with complete transparency, and in full public view.
Follow The Virtuous Cycle to watch my story unfold and become part of the TVC community at www.virtuouscycle.com. All of my current stock holdings can be found at the website, along with analysis and the performance of my holdings, which is updated approximately once per week. I welcome reader engagement at my website or on Seeking Alpha comment threads. My goal for my involvement on the site is to help others learn through teaching my investment approach, while also receiving key insights and ideas shared by others.
I am Jason Rowland, founder of The Virtuous Cycle and forever a student of a business with a passion for investing and a voracious appetite for learning. I bring the following with me to the field of investing:
- A strong understanding of financial statements: As a licensed CPA with approximately five years in public and private accounting, I received the top score in my state on the CPA Exam among 32 four-part passers during my testing window.
- Sound judgment, deep thinking, and careful decision making: As evidenced by 96th-99th percentile scores on multiple nationally-ranked critical thinking skills tests.
- A competitive spirit with a passion for business and investing: In my MBA program, I achieved a tie for the #1 worldwide ranking in the McGraw Hill Business Strategy Game as benchmarked against the performance of nearly 5,000 student teams at 300 colleges on 4 continents.
I look forward to sharing this journey with you and, as always: Be Virtuous!
Charles (Chuck) C. Carnevale is the creator of F.A.S.T. Graphs™. Chuck is also co-founder of an investment management firm. He has been working in the securities industry since 1970: he has been a partner with a private NYSE member firm, the President of a NASD firm, Vice President and Regional Marketing Director for a major AMEX listed company, and an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming his own investment firm, he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.
I'm a trader who trades both short-term and long-term. I started my career as a day-trader for a trading firm, but then turned to longer time frames and went on my own to manage my portfolio.
I use technical analysis as well as fundamental analysis in my research.
I am the Chief of Operations at Wolfram Solutions, the consulting arm of the large privately held software company, Wolfram Research. I manage teams of programmers developing custom applications for business and, government, applying advanced analytic methods to practical challenges. I played a major role in the development of many of the financial features of Mathematica and Wolfram|Alpha. I have been at Wolfram for over 15 years. My academic background is in the social sciences and analytic methods in the social sciences, including finance, economics, statistics, modeling, simulation, and operations research. I studied at the University of Chicago, both undergrad and grad. I am also an individual investor with 30 years experience, mostly using mutual funds and fundamental analysis, plus specific investments in the financial sector. My contributions on Seeking Alpha focus on the financial sector and monetary economics, and what analysis of those areas can tell us about other macro trends. I also discuss portfolio theory, formal methods in finance, modeling and simulation of financial prices and economic time series, government statistical releases, financial regulation, and monetary policy.
At Valuentum, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Valuentum therefore analyzes each stock across a wide spectrum of philosophies, from deep value through momentum investing. We think companies that are attractive from a number of investment perspectives--whether it be growth, value, momentum, etc.--have the greatest probability of capital appreciation and relative outperformance. The more investors that are interested in the stock for reasons based on their respective investment mandates, the more likely it will move higher.
Please read our Disclaimer that applies to all articles published on Seeking Alpha: http://www.valuentum.com/categories/20110613
Follow us on Twitter: @Valuentum
More than 50 years an active investor, during the last 30 years, I have been running the first online, interactive investment advisor service. I place emphasis on fundamental analysis and value, not only as shown on financial statements but as imputed from assets such as patents.
I have three degrees from the University of Michigan, the last of which is a doctorate in Urban and Regional Planning and have worked in many countries throughout the world, including Indonesia, Turkey, and Tunisia. I am also familiar with the workings of federal, state and local government, and their impacts on investors.
Besides publishing a weekly newsletter for investors, my views have appeared in publications such as BARRON'S and Science (weekly journal of the American Association for the Advancement of Science).
My background is in Telecom-Media-Technology (TMT) strategy and execution with 16 years of experience. I am currently working in corporate strategy and focus on technology disruption, competitive strategy creation and occasionally M&A related strategic business development. Previously, I managed innovation and new business development departments to access new markets, assess new business models and growth opportunities in mobile, advertising, cloud, gaming and Internet of Things.
I have a degree in physics and an MBA from top ranked European Business School and daily involvement in business decisions which gives me the right amount of skepticism to evaluate businesses as they are without hype. I see myself as an enterprising investor. I enjoy reading company reports as much as reading what other investors and public about them. I like building models and analyzing everything interesting about the company that will help me understand its business strategy, differentiators and model and I try to avoid complexity.
I am fascinated with value investment philosophy of Benjamin Graham, Phillip Fisher, Warren Buffet as well as more modern value investment gurus such as Jason Zweig and Bruce Greenwald.
Bob is retired from a career in law enforcement including more than 20 years as an instructor of Investigative Interviewing. He is a Dividend Growth investor using dividend yield from low beta stocks for income and preservation of capital. Bob has self managed his portfolio since early in 2011. He hopes to encourage discussion among those already in retirement and receiving income from their portfolios.
My curent portfolio is available here:
I believe that everyone needs a portfolio business plan.
Here's a copy of ours:: http://seekingalpha.com/article/2426965-our-retirement-portfolio-business-plan-legacy-edition-part-two
A list of Dividend Growth Safety Superstars for the past decade is available here: http://seekingalpha.com/article/2255863-a-review-of-the-dividend-safety-superstars
I am a medical professional, but I have been studying investing for many years so that I can control my own portfolio. DGI seems to be the best way for me to invest for my retirement while being able to sleep at night.
I have also been successfully trading cash secured puts for extra income. I share my experience on my websites, Tradingcsps.com and my blog Tradingputs.com.
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.
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 (3): BA, LMT, MMM
REITs (5): HCN, NNN, O, OHI, VTR
Technology (3): AAPL, MSFT, QCOM
Telecom (3): BCE, T, TU
Utilities (5): AVA, D, SCG, SO, WEC
ALSO: small stakes in 26 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, NEE, QCP, SHPG, SJM, UTX, V, 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-2016, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha and other Web sites, I coach middle-school girls basketball at Metrolina Regional Scholars Academy, the top charter school in North Carolina; we have won two consecutive conference championships won the first conference championships - the first two in school history! 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.
Our mission is to provide investors with the most accurate and independently created research information available, in any format they choose, and teach them how to use it effectively to help meet their financial objectives.
Value Line is a complete, multidimensional investment management solution that enables both new and experienced investors to make timely, better-informed decisions. It provides a wealth of in-depth financial information, intelligently presented both in print and online, plus objective research, insightful commentary, proven price projections, and advanced analytical tools. Through numerous economic cycles, the long-term performance of our subscribers has achieved legendary status.
Visit us on:
Dave Fish is the author of the U.S. Dividend Champions spreadsheet (and PDF), which is updated at the end of each month...and lists companies that have increased their dividend payout for at least 25 consecutive years. (Separate tabs list "Contenders" that have increased their payouts for 10-24 years and "Challengers" that have increased their payouts for 5-9 years.) http://dripinvesting.org/Tools/Tools.asp
Civil engineer using nurtured logical predictive ability to increase my retirement accounts and thereby recover somewhat from the one two punch of a divorce (in 2007 I borrowed to settle and keep real estate) and real estate downturn (2008 my real estate went underwater).
Started investing in stocks in mid-2013 with $100k in a Roth IRA. Dropped to $69k, up to $500k, down to $105k, up to $670k, down to $315k, up to $850k. Goal is $4m by end of 2015. I am more than half way there having achieved an 8.5 bagger (end of 2015), I only need another 5 bagger to exceed my goal. TAX FREE.
"A man who follows an independent and contrary path has no guarantee of making money… but a man who follows the great mass of conventional wisdom is practically guaranteed that he will not."
Riches are made through focus and concentration on a few stocks. Riches are kept through diversification . . .
Current investments: RiteAid and Intel LEAPS
LEAPS for Fun and Profit: service only available to family and close friends :-)
Don't try what I am doing without your own extensive research.
I am a real estate attorney from St. Louis.
I run the "The Conservative Investor Digest." That is where you can find my best work, and that is where I focus my research. You can become a subscriber here: https://gumroad.com/l/HmqJx
I also own the long-term investing website "The Conservative Income Investor" which can be found at: www.theconservativeincomeinvestor.com
I am a buy and hold common stock investor. Warren Buffett is definitely my guru. He makes the most sense to me. I began investing in the stock market at age 14 in 1970 with money earned on my paper route. What I have done since 1970 is invest primarily in the Dividend Aristocrats whenever the stock market is relatively low. I have never sold a single share of stock except on the rare occasion when one of my stocks was bought out for cash and I was forced to sell.. I keep all of my stock certificates or direct registration statements in a safe deposit box at the bank. I do not automatically reinvest dividends. I only purchase stocks when I feel that the stock market is relatively low. Brown University, B. A., 1978. Below are the 37 stocks in my portfolio.
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, nonsense, 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 am of the opinion C Corps (and especially those tilted toward growth of revenues and earnings) offer superior TR in a rising rate environment. 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.
Price compounding is improved to the extent investors are willing to diversify into low-yield high-growth dividend-payers as well as into pure growth companies (paying no dividends). 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. In particular, 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.
In recently adding 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--adding 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!
Background in corporate finance at multiple Fortune 200 companies including real-estate, media, and banking. Believe strongly in detailed analysis of company balance sheets and income statements, going into deeper detail than the average investor. Look to identify companies whose fundamental financials or outlook, differ significantly the the market value afforded to that company at a particular point in time. As a rule, beginning May 2013, I very rarely will hold any position in a stock that I cover on Seeking Alpha. This is done solely to protect the integrity of my research and opinion expressed in any article contributed to the site. In the rare case that I do hold a position in a stock I discuss, it will be clearly noted in the customary disclosure as well as the article itself.
I'm a CFA Charterholder and hold an MBA in Finance.
I spend a large amount of my free time analyzing and investing in energy companies of varying size. I'm currently covering oil and gas producers in the Permian Basin and the Eagle Ford. I try to provide quarterly coverage for several companies. I also look at oil and gas producers globally, in search of strong value plays. Anytime I find one, I write about it.
I will do my absolute best to provide quality research for you to consider in your investment decisions. However, I suggest you consult with your financial advisor prior to taking any action after reading an article, comment, private chat, or any other communication that I wrote. I urge you do your own research and draw your own conclusions prior to taking any action. My articles or comments are your starting point for your research. After you enter a trade, you are on your own to enter, exit, or take no action on the trade. I am not liable for actions you take after reading something that I wrote.
I only look at stocks that have the possibility to double over a twelve month period and stocks in which the risk/reward ratio payout is high. In addition I focus on swing trade opportunities. I focus more on valuations and risk/reward metrics as opposed to what make companies tick. I have been a professional investor for over 20 years and during the past several years an economics analyst and financial writer for capital.gr, the biggest economic news portal in Greece. I have managed money from time to time and have also done some seed venture capital projects in the past.