I am an electrical engineer and have been a minor partner in a local business for the past several years, where I keep the books. I have followed and studied the stock market for over 30 years, developing a trading style which suits my personality. My style changes with my perception of the market. During the 'crisis' of 2008 I utilized trades that last about a month on average. Starting in late 2008 and early 2009 I have been more of an intermediate term holder of precious metals miners and explorers, which have done very well for me thus far. Since 2010 I have been transitioning into a Dividend Growth style with a great deal of assistance from the Seeking Alpha DGI community. I keep tabs on the economy and the market by perusing the headlines and some articles of interest on a routine basis. The more I study, the more I begin to see how much more I need to learn. I like to think that I've picked up a thing or two, but there's always more. Several years ago I 'discovered' Austrian economic thought. It forms the framework for my economic and market analysis. It seems to work for me.
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I am a retired airline executive with legal and financial experience. I have a background in economics and finance with a focus on securities and securities analysis. I was in private practice for 10 years doing trial and appellate work prior to joining United Airlines where I did both transactions and litigation. I was with United for over 29 years, the last 17 as Assistant General Counsel. I now am a self directed investor, seeking to create cash flow to supplement our pensions and social security. I take a long term view focusing on securities that create a steady cash flow.
Self-directed, began in mid 90s in drips. Then employer 401k. Rolled to self in 2010, invested in all div stocks. Buy and hold (so far), I am a dividend-lover that has always aspired to live off my divs. My Roth includes some hedges that began as experiments: 2 TIPS funds out of sheer curiosity , 2 govt bond funds (med and LT). I have always been 90%+ stocks (or stock funds in 401k) , currently 99% equities. I let the workplace 401k handle international exposure and otherwise diversify within each portfolio, and across entire holdings. Each stock owned in only one acct; multiple portfolios taxable and retirement; position sizes and start/add dates vary widely, not all positions receive new money: AEP MRK BOBE PNY AFL AVA AXP CHK CTL CVX DE GE GILD GPC IRM LMT MCD NSC O PBI PG QCOM SO SSE SYK VIA ADM ATVI BA CAT CB CLX COST DBD DMND EMR GIS HD IBM INTC IP JNJ KHC LLY M MKC MMM MON NUE SYY T UNP XRX VRTV MDLZ WRE MAT ABBV ABT BMY CBS COP DOW DUK ED GLW H HON K PFE WBA WFC WM XOM
Old crusty fart who has been trading stocks for over 40 years. Worked in the industry for Dick Mayo and Jeremy Grantham at GMO until Dick left to start his own hedge fund. I retired at that point. Since then I have managed my own and my family's portfolio on a pretty much full time basis. Areas of interest, deep value, distressed entities, etc. I only invest long. I do not do options. I do not short. I do not do margin. I do equities and bonds. Some interest in CEFs. Most analysis is bottom up and not top down. I post on various stock boards under this name and have done so for over 15 years. I eat what I kill. That is the my only source of income. No stock letters, no advisory services, no manglement (sic) of OPM, no compensation from any exterior source for anything I do or write. My trading assistant is a Blenheim King Charles Cavalier Spaniel similar to the picture I use. And no, the firm does not exist, but you would be amazed at the junk mail I get at times. Some people never get it.
I regard SA and the stock boards I frequent as something of a pot luck supper. If we all bring something, we all eat well. If we all show up and bring nothing, we all starve. The opinions and conclusions I post on these boards can be wrong, have been wrong at times, and will be wrong at times. The person who does me the greatest service is the person who shows me where they are wrong. If I say something that you disagree with please let me know and tell me why. Please also feel free to ask me questions. On the better boards, the questions are usually ones that should be answered. If I do not know the answer, having to find it does me a service.
I may put IMBMSSSA in my disclosures. That stands for I May Buy More, Sell Some, or Sell All. I got tired of typing the whole thing..
A mid-30s ex-venture capitalist and investment banker (finance degree)...now a serial startup CFO. I used to look for yield in all the wrong places, but have created a modified dividend growth (DGI) strategy that works for me.
I own 306 stocks. Retired at age 60, currently age 64. Living off pensions and social security. I do not intend to draw on dividends before 2018. Total Portfolio yield 2.00%.
* My Percentage of portfolio allocation based on dividend yield:
Growth yield, 0%: 30.0%
Growth and Income yield, 0.1% - 2.7%: 43.0%
Slow Growth and Income yield, 2.71% - 5.0%: 22.0%
Income yield, 5.1% and up: 5.0%
* My PORTFOLIO STOCK COMPOSITION
Symbol : Description
AAPL : APPLE INC
ABBV : ABBVIE INC
ABCCF : ABCANN GLOBAL CORPORATION
ABMD : ABIOMED INC
ABT : ABBOTT LABORATORIES
ACBFF : AURORA CANNABIS INC
ACN : ACCENTURE PLC
ADBE : ADOBE SYSTEMS INC
ADP : AUTOMATIC DATA PROCESSING INC
AEP : AMERICAN ELECTRIC POWER COMPANY INC
AET : AETNA INC
AFL : AFLAC INC
AGR : AVANGRID INC
ALGN : ALIGN TECHNOLOGY INC
AMAT : APPLIED MATERIALS INC
AMGN : AMGEN INC
AMP : AMERIPRISE FINANCIAL INC
AMT : AMERICAN TOWER CORPORATION
AMTD : TD AMERITRADE HOLDING CORPORATION
AMZN : AMAZON COM
ANET : ARISTA NETWORKS
ANTM : ANTHEM INC
AOS : AO SMITH CORP
APHQF : APHRIA INC
APD : AIR PRODUCTS AND CHEMICALS INC
APH : AMPHENOL CORP
APTIV : APTIV PLC
APU : AMERIGAS PARTNERS LP
AQN : ALGONQUIN POWER
ARTNA : ARTESIAN RESOURCES CORPORATION
ATHM : AUTOHOME INC
ATVI : ACTIVISION BLIZZARD INC
AVGO : BROADCOM LTD
AVY : AVERY DENNISON CORP
AWK : AMERICAN WATER WORKS
AWR : AMERICAN STATES WATER CO
AZO : AUTOZONE INC
BA : BOEING CO
BABA : ALIBABA GROUP HOLDING LIMITED
BAC : BANK OF AMERICA CORPORATION
BAX : BAXTER INTERNATIONAL INC
BCR : CR BARD INC
BDX : BECTON DICKINSON AND COMPANY
BERY : BERRY GLOBAL GROUP INC
BFB : BROWN FORMAN CORP
BIDU : BAIDU INC
BIIB : BIOGEN INC
BIP : BROOKFIELD INFRASTRUCTURE PARTNERS LP
BKNG : BOOKING HOLDINGS INC
BLK : BLACKROCK
BMY : BRISTOL MYERS SQUIBB CO
BOFI : BOFI HOLDING INC
BR : BROADRIDGE FINANCIAL SOLUTIONS
BRKB : BERKSHIRE HATHAWAY INC NEW
BSTI : BEST INC
BSX : BOSTON SCIENTIFIC CORP
BTI : BRITISH AMERICAN TOBACCO PLC
BURL : BURLINGTON STORES INC
BZUN : BAOZUN INC
C : CITIGROUP INC
CADE : CADENCE BANCORPORATION
CASA : CASA SYSTEMS INC
CAT : CATERPILLAR INC
CBOE : CBOE GLOBAL MARKETS INC
CBRL : CRACKER BARREL OLD COUNTRY STORE INC
CCI : CROWN CASTLE INTERNATIONAL CORP REIT NEW
CE : CELANESE CORP
CELG : CELGENE CORPORATION
CERN : CERNER CORP
CHD : CHURCH AND DWIGHT CO INC
CHTR : CHARTER COMMUNICATIONS INC NEW
CI : CIGNA CORPORATION
CIM : CHIMERA INVESTMENT CORPORATION NEW
CL : COLGATE PALMOLIVE CO
CLX : CLOROX CO
CMCSA : COMCAST CORPORATION
CME : CME GROUP INC
CNC : CENTENE CORP
CNTTF : CANNTRUST HOLDINGS INC
COHR : COHERENT INC
CONE : CYRUSONE INC
COR : CORESITE REALTY CORPORATION
COST : COSTCO WHOLESALE CORPORATION
CPK CHESAPEAKE UTILITIES CORPORATION
CRM : SALESFORCE COM INC
CRON : CRONOS GROUP INC
CSCO : CISCO SYSTEMS INC
CSX : CSX CORPORATION
CTAS : CINTAS CORPORATION
CTRP : CTRIP COM INTERNATIONAL LTD
CTSH : COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
CVX : CHEVRON CORPORATION
CWT : CALIFORNIA WATER SERVICE GROUP
DBX : DROPBOX INC
DE : DEERE AND CO
DEO : DIAGEO PLC
DG : DOLLAR GENERAL CORPORATION
DIS : WALT DISNEY CO
DLR : DIGITAL REALTY TRUST INC
DLTR : DOLLAR TREE INC
DNKN : DUNKIN BRANDS GROUP INC
DRE : DUKE REALTY CORPORATION
DRI : DARDEN RESTAURANTS INC
DY : DYCOM INDUSTRIES INC
EA : ELECTRONIC ARTS INC
EADSY : AIRBUS SE
ED : CONSOLIDATED EDISON INC
EDU : NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP INC
EEFT : EURONET WORLDWIDE INC
EL : ESTEE LAUDER COMPANIES INC
EMHTF : EMERALD HEALTH THERAPEUTICS INC
ENB : ENBRIDGE INC
EPD : ENTERPRISE PRODUCTS PARTNERS LP
ESNT : ESSENT GROUP LTD
ETE : ENERGY TRANSFER EQUITY LP
EW : EDWARDS LIFESCIENCES CORP
EXR : EXTRA SPACE STORAGE INC
FANG : DIAMONDBACK ENERGY INC
FAST : FASTENAL COMPANY
FB : FACEBOOK INC
FDS : FACTSET RESEARCH SYSTEMS INC
FDX : FEDEX CORP
FISV : FISERV INC
FIVE : FIVE BELOW INC
FIZZ : NATIONAL BEVERAGE CORPORATION
FLO : FLOWERS FOODS INC
FLT : FLEETCOR TECHNOLOGIES
FTV : FORTIVE CORPORATION
GAIN : GLADSTONE INVESTMENT CORPORATION
GD : GENERAL DYNAMICS CORPORATION
GOOGL : ALPHABET INC
GPN : GLOBAL PAYMENTS INC
GRUB : GRUBHUB INC
HEI : HEICO CORP
HEINY : HEINEKEN NV
HEP : HOLLY ENERGY PARTNERS LP
HII : HUNTINGTON INGALLS INDUSTRIES INC
HON : HONEYWELL INTERNATIONAL INC
HRL : HORMEL FOODS CORPORATION
HRS : HARRIS CORPORATION
HYYDF : HYDROPOTHECARY
HTHT : CHINA LODGING GROUP LTD
ICE : INTERCONTINENTAL EXCHANGE INC
ICLR : ICON PLC
INCY : INCYTE CORPORATION
INGN : INOGEN INC
INGR : INGREDION INCORPORATED
INTC : INTEL CORPORATION
INTU : INTUIT INC
IPGP : IPG PHOTONICS CORPORATION
ISRG : INTUITIVE SURGICAL INC
ITW : ILLINOIS TOOL WORKS INC
JAZZ : JAZZ PHARMACEUTICALS PLC
JD : JD COM INC
JNJ : JOHNSON AND JOHNSON
JP : JUPAI HOLDINGS LIMITED
JPM : JP MORGAN CHASE AND CO
KMB : KIMBERLY CLARK CORP
LEA : LEAR CORP
LEG : LEGGETT AND PLATT INC
LFUS : LITTELFUSE INC
LKQ : LKQ CORPORATION
LLY : ELI LILLY AND CO
LMT : LOCKHEED MARTIN CORP
LNT : ALLIANT ENERGY CORP
LOW : LOWES COMPANIES INC
LRCX : LAM RESEARCH CORPORATION
LXRP : LEXARIA BIOSCIENCE CORPORATION
LYB : LYONDELLBASELL INDUSTRIES NV
MA : MASTERCARD INCORPORATED
MAIN : MAIN STREET CAPITAL CORP
MCD : MCDONALDS CORP
MEDFF : MEDRELEAF CORPORATION
MELI : MERCADOLIBRE INC
MDB : MONGODB INC
MKC : MCCORMICK AND CO
MMM : 3M COMPANY
MMP : MAGELLAN MIDSTREAM PARTNERS LP
MNST : MONSTER BEVERAGE CORPORATION
MO : ALTRIA GROUP INC
MOMO : MOMO INC
MPC : MARATHON PETROLEUM CORPORATION
MPWR : MONOLITHIC POWER SYSTEMS INC
MS : MORGAN STANLEY
MSCI : MSCI INC
MSEX : MIDDLESEX WATER COMPANY
MSFT : MICROSOFT CORPORATION
MTCH : MATCH GROUP INC
NBEV : NEW AGE BEVERAGES CORPORATION
NDAQ : NASDAQ INC
NDSN : NORDSON CORPORATION
NEE : NEXTERA ENERGY INC
NFLX : NETFLIX INC
NHI : NATIONAL HEALTH INVESTMENTS INC
NKE : NIKE INC
NOC : NORTHROP GRUMMAN CORP HOLDING CO
NOW : SERVICENOW INC
NPSNY : NASPERS
NSC : NORFOLK SOUTHERN CORP
NTES : NETEASE INC
NUE : NUCOR CORPORATION
NVDA : NVIDIA CORPORATION
NVEE : NV5 GLOBAL INC
NXTTF : NAMASTE TECHNOLOGIES INC
O : REALTY INCOME CORPORATION
ODFL : OLD DOMINION FREIGHT LINE INC
OKE : ONEOK INC
OLLI : OLLIES BARGAIN OUTLET HOLDINGS INC
OGRMF : ORGANIGRAM HOLDINGS INC
ORLY : O REILLY AUTOMOTIVE INC
OZRK : BANK OF THE OZARKS INC
PAGS : PAGSEGURO DIGITAL LTD
PANW : PALO ALTO NETWORKS INC
PAYC : PAYCOM SOFTWARE INC
PAYX : PAYCHEX INC
PCLN : PRICELINE GROUP INC
PEP : PEPSICO INC
PF : PINNACLE FOODS INC
PFGC : PERFORMANCE FOOD GROUP COMPANY
PKG : PACKAGING CORP
PLNT : PLANET FITNESS INC
PM : PHILIP MORRIS INTERNATIONAL INC
PRAH : PRA HEALTH SCIENCES INC
PSX : PHILLIPS 66
PYPL : PAYPAL HOLDINGS INC
QSR : RESTAURANT BRANDS INTERNATIONAL INC
RDDTF : RADIENT TECHNOLOGIES INC
REGN : REGENERON PHARMACEUTICALS INC
RHT : RED HAT INC
RMD : RESMED INC
ROP : ROPER TECHNOLOGIES INC
ROST : ROSS STORES INC
RSG : REPUBLIC SERVICES INC
RTN : RAYTHEON CO
RY : ROYAL BANK OF CANADA
SBUX : STARBUCKS CORPORATION
SCHW : CHARLES SCHWAB CORPORATION
SECO : SECOO HOLDING LTD
SGH : SMART GLOBAL HOLDINGS INC
SHW : SHERWIN WILLIAMS
SINA : SINA COM
SIVB : SVB CAPITAL II
SJM : JM SMUCKER COMPANY
SJW : SJW GROUP
SKX : SKECHERS USA
SNNVF : SUNNIVA INC
SODA : SODASTREAM INTERNATIONAL LTD
SPGI : S&P GLOBAL INC
SPLK : SPLUNK INC
SPR : SPIRIT AEROSYSTEMS HOLDINGS INC
SQ : SQUARE INC
SRE : SEMPRA ENERGY
STZ : CONSTELLATION BRANDS INC
SWK : STANLEY BLACK AND DECKER INC
SYK : STRYKER CORP
SYY : SYSCO CORP
TAL : TAL EDUCATION GROUP
TAP : MOLSON COORS BREWING COMPANY
TCEHY : TENCENT HOLDINGS LTD
TD : TORONTO DOMINION BANK
TDY : TELEDYNE TECHNOLOGIES
TEAM : ATLASSIAN CORPORATION PLC
THO : THOR INDUSTRIES
TJX : TJX COMPANIES INC
TLP : TRANSMONTAIGNE PARTNERS LP
TMO : THERMO FISHER SCIENTIFIC INC
TMUS : T MOBILE US INC
TRGP : TARGA RESOURCES CORPORATION
TSCO : TRACTOR SUPPLY COMPANY
TSM : TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
TSN : TYSON FOODS
TWMJF : CANOPY GROWERS
TXN : TEXAS INSTRUMENTS INCORPORATED
UL : UNILEVER PLC
ULTA : ULTA BEAUTY INC
UNH : UNITEDHEALTH GROUP INC
UNP : UNION PACIFIC CORP
UVE : UNIVERSAL INSURANCE HOLDINGS INC
V : VISA INC
VFC : VF CORPORATION
VGR : VECTOR GROUP LTD
VLO : VALERO ENERGY CORPORATION
VRSN : VERISIGN INC
WASH : WASHINGTON TRUST BANCORP INC
WB : WEIBO CORPORATION
WBA : WALGREEN BOOTS ALLIANCE INC
WCN : WASTE CONNECTIONS INC NEW
WEC : WEC ENERGY GROUP INC
WES : WESTERN GAS PARTNERS LP
WM : WASTE MANAGEMENT
WMT : WALMART STORES INC
WSO : WATSCO INC
WTR : AQUA AMERICA INC
WUBA : 58 COM INC
XEL : XCEL ENERGY INC
XPO : XPO LOGISTICS INC
XYL : XYLEM INC
YELP : YELP INC
YNDX : YANDEX NV
YORW : YORK WATER COMPANY
YRD : YIRENDAI LTD
YUM : YUM BRANDS INC
YY : YY INC
ZTO : ZTO EXPRESS CAYMAN INC
ZTS : ZOETIS INC
* My Portfolio Sector composition:
60 Technology stocks, 20% of portfolio, index is 22%.
36 Consumer Defensive stocks, 17% of portfolio, index is 7%.
42 Health Care stocks, 13% of portfolio, index is 13%
39 Consumer Cycle stocks, 12% of portfolio, index is 12%.
46 Industrial stocks, 11% of portfolio, index is 11%.
31 Financial Services stocks, 10% of portfolio, index is 17%.
20 Utility stocks, 6% of portfolio, index is 3%.
16 Energy stocks, 6% of portfolio, index is 6%.
8 Real Estate stocks, 2% of portfolio, index is 3%.
4 Communications stocks, 1% of portfolio, index is 3%.
3 Materials stocks, 1% of portfolio, index is 3%.
I'm an individual investor. Over the last 15 years I've traded in stocks, bonds, and options. Now, I'm mostly a long term dividend investor. I'm not above growth investments or special situations though. My pen name came from the coin collecting hobby. When I started out, I filled up albums with various cheap low grade coins. I became focused on filling the holes and making my album complete. Even if it would not look that nice. A wiser collector told me, I was playing "bingo" by filling holes. All I was doing was accumulating junk. Junk doesn't appreciate and is only worth it's scrape value. Realizing the error of my ways, I stopped paying bingo. Now I seek quality and value in my collectables like my investments.
.. boring Progressive, another Atheist, quiet Feminist,
yes-LGBTQ, and usual DGIer .. **21 May Idea: SO**
This past week I bought and sold none, but trimmed MCD.
Defensive 15: GIS .. KMB .. JNJ .. PG .. MO .. PM .. PEP ..
KO .. SO .. D .. XEL .. NEE .. WEC .. T .. VZ
Cyclical 4: O .. NNN .. WELL .. MCD
Sensitive 1: MSFT
CEF's 4: TPZ .. PTY .. THQ .. UTG
Variables 2: V .. PYPL
-- 16May2018: Trimmed MCD.
-- 10May2018: Bought VZ.
-- 09May2018: Trimmed MSFT.
-- 06Apr2018: Bought T & SO.
-- 05Apr2018: Bought T.
-- 05Mar2018: Bought MO.
-- 07Feb2018: Bought UTG.
-- 19Jan2018: Bought T.
-- 17Jan2018: Bought O.
-- 05Jan2018: Sold SRE.
-- 20Dec2017: Bought THQ.
-- 19Dec2017: Sold ABT & LNT.
-- 14Dec2017: Bought PTY.
-- 13Dec2017: Sold WTR.
-- 12Dec2017: Bought TPZ.
-- 11Dec2017: Sold AWR.
-- 07Dec2017: Bought PM.
-- 06Dec2017: Bought HCN.
-- 21Nov2017: Bought GIS.
-- 20Nov2017: Sold HRL.
-- 17Nov2017: Bought PM.
-- 13Nov2017: Bought VZ.
-- 09Nov2017: Sold CCE.
-- 07Nov2017: Bought HCN.
-- 02Nov2017: Bought NNN.
-- 01Nov2017: Sold NEP.
-- 30Oct2017: Bought GIS.
-- 27Oct 2017: Bought O.
-- 24Oct2017: Bought PYPL. (cash from sale of AMZN; from sale of COST; from sale of stamps: July 2014)
-- 23Oct2017: Sold AMZN.
-- 19Oct 2017: Bought HCN.
-- 12Oct2017: Bought XEL.
-- 11Oct2017: Bought O and NNN.
-- 10Oct 2017: Bought LNT.
-- 05Oct 2017: Bought O.
-- 26Sep2017: Bought HCN.
-- 25Sep2017: Sold SCG.
-- 18Sep2017: Bought MO.
-- 13Sep2017: Bought SCG
-- 11Sep2017: Bought VZ.
-- 07Sep2017: Bought D.
-- 25Aug2017: Bought T.
-- 24Aug2017: Bought GIS & MO
-- 17Aug2017: Bought T.
-- 04Aug2017: Sold CAH, MCK, CVS.
-- 03Aug2017: Sold CVX, TU, CL. Bought VZ.
-- 02 Aug2017: Sold SHW. Bought SO.
-- 01Aug2017: Sold HSY. Bought D.
-- 31Jul2017: Bought SCG & D.
-- 31Jul2017: Sold CHD.
-- 28Jul2017: Sold CLX.
-- 26Jul2017: Bought T.
-- 24Jul2017: Bought NNN & SO.
-- 18Jul2017: Bought T, D, O.
-- 13Jul2017: Sold XOM. Sold NSC.
-- 12 Jul2017: Sold GE. Sold UNP.
-- 07Jul2017: Bought D & PG.
-- 05Jul2017: Sold PSA. Sold VTR. Trimmed MCD.
-- 26Jun2017: Bought O.
-- 21Jun2017: Bought PG & NNN.
-- 20Jun2017: Bought AMZN. (cash from COST sale; from stamp sale: July 2014)
-- 19Jun2017: Sold COST.
-- 19Jun2017: Sold BP, KMI, COP. (cash raise for car purchase)
-- 15Jun2017: Bought NNN.
-- 14Jun2017: Sold SJR.
-- 1Jun2017: Bought O.
-- 12May 2017: Bought O.
-- 10May2017: Sold WPC.
-- 08Feb2017: Bought VZ.
-- 03Feb2017: Bought VZ & O.
-- 24Jan2017: Bought JNJ, KMB, GIS, T, SO, D. (capital gains from sale of rental house, purchases made in brokerage account)
-- 11Jan2017: Bought KMB.
-- 09Jan2017: Bought JNJ.
-- 04Jan2017: Bought HCN.
-- 03Jan2017: Sold AGNC, MTGE, TCRD.
-- 22Dec2016: Bought WEC.
-- 20Dec2016: Sold PAA.
-- 08Dec2016: Bought SO.
-- 23Nov2016: Sold PSEC.
-- 11Nov2016: Bought PM & KO.
-- 11Nov2016: Sold MAIN.
-- 11Oct2016: Bought D.
-- 06Oct2016: Bought PM.
-- 03Oct2016: Sold QCOM.
-- 15Sep2016: Bought CHD & WEC.
-- 14Sep2016: Bought KMB & WTR.
-- 09Sep2016: Bought KMB & WTR.
-- 26Aug2016: Trimmed MSFT & VTR
-- 18Aug2016: Bought HRL.
-- 03Aug2016: Bought KHC.
-- 02Aug2016: Bought SHW.
-- 01Aug2016: Sold CVX. Sold HCP. Sold CMI.
-- 29Jul2016: Bought MO & HRL.
-- 28Jul2016: Sold BCE.
-- 25Jul2016: Bought CCE.
-- 20Jul2016: Bought NEP.
-- 15Jul2016: Bought V. (July 2016 coin sale).
-- 13Jul2016: Sold RCI.
-- 28Jun2016: Bought KO & PEP.
-- 27Jun2016: Sold ABBV.
-- 24Jun2016: Bought CCE.
-- 06Jun2016: Bought D. (cash from CCE special div -- merger/buyout)
-- 10May2016: Bought PG.
-- 28Apr2016: Bought ABT & CAH.
-- 1Apr2016: Bought CVS.
-- 28Mar2016: Bought KHC.
-- 18Mar2016: Bought AWR.
-- 17Mar2016: Bought KHC.
-- 9Mar2016: Bought NEP.
-- 19Feb2016: Bought NEP.
-- 11Feb2016: Bought GIS, JNJ, UNP.
-- 9Feb2016: Trimmed MO.
-- 4Feb2016: Bought GIS, PM, D.
-- 3Feb2016: Bought GIS, PM, D.
-- 1Feb2016: Sold STR.
-- 28Jan2016: Trimmed T.
-- 4Jan2016: Bought JNJ & STR.
-- 30Dec2015: Bought D.
-- 17Dec2015: Bought STR & LNT.
-- 14Dec2015: Sold WPC.
-- 10Dec2015: Sold BAX/BXLT.
-- 10Dec2015: Sold CCP.
-- 03Nov2015: Bought HSY & NNN.
-- 02Nov2015: Bought VTR.
-- 02Nov2015: Bought HCN.
-- 27Oct2015: Bought STR.
-- 12Oct2015: Bought CMI.
-- 05Oct 2015: Bought ABBV.
-- 17Sep2015: Bought PG, NSC.
-- 15Sep2015: Bought SO, T, VZ, CVX, NEE, VTR, WPC, KMI, SCG.
-- 10Sep2015: Bought XOM, JNJ, UNP, HCP.
-- 06Aug2015: Bought MAIN.
-- 22Jul2015: Bought WPC.
-- 10Jul2015: Bought UNP.
-- 6Jul2015: Bought KHC.
-- 6Apr2015: Bought JNJ.
-- 26Mar2015: Sold LO.
-- 28Jan2015: Bought T.
-- 26Jan2015: Sold NHI.
-- 8Jan2015: Bought UNP, CCE.
-- 2Jan2015: Sold LTC.
** the sun is a star? we are primates? when I die I'm dead?
--- oh well, could be worse.
First, the good stuff. Here's my 46-stock portfolio ...
+++Consumer Discretionary (4): HD, MCD, NKE, SBUX
+++Consumer Staples (12): COST, CVS, GIS, HRL, KHC, KO, MDLZ, MO, PEP, PG, PM, WBA
+++Energy (3): CVX, KMI, XOM
+++Financial (1): MAIN
+++Health (4): ABBV, AMGN, GILD, JNJ
+++Industrial (4): BA, HON, LMT, MMM
+++REITs (5): HCN, NNN, O, OHI, VTR
+++Technology (5): AAPL, MA, MSFT, QCOM, V
+++Telecom (3): BCE, T, TU
+++Utilities (5): D, NEE, SO, SRE, WEC
+++ALSO: small stakes in 25 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, TGT, UTX, VZ, WFC, WMT. (Also small stakes in VIG, VOO and VDIGX bought the same day as the DG50.)
I also just started writing DGI articles for Daily Trade Alert. Here is a link to my page at that site: http://dailytradealert.com/author/mike-nadel/
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 early-2018, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha, DTA 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 7-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.
Paul Wagner, author of "The Duly Diligent Stock Investor", a well-reviewed book written for new investors (available here) is a seasoned stock investor with a long background in financial analysis and portfolio management. His first career managing portfolios of secured debt lasted 25 years with Heller Financial, a Chicago-based international secured lender to middle market companies. He left his position there as Senior Credit Officer of Heller's Current Asset Management Group in 1997.
That year he began his second career where he drew upon his analytical skills to create and manage his own portfolios of publicly-traded securities. His success in that career has come in the form of a 100% reliance on his investment returns to fund his lifestyle for over 20 years.
Drawing on his 46 years of experience managing both debt and equity portfolios, he has contributed several articles to Seeking Alpha members and frequently offers his comments on the articles of other contributors.
Doug Meeks is a Registered Investment Advisor in Plano, Texas. He is the Principal Advisor for Pier LLC, an investment management company. The focus at Pier is to build and manage income-producing portfolios for our clients. We provide individual service to those who are inclined to see their money working for them. Growth and income do not have to be different parts of your portfolio.
I have always managed my portfolio and retired at 55 - as it turned out I could have done it 10 years sooner, but I was worried about putting the kids through college. Anyway, I don't need to be paid anymore, I just volunteer. Investing is my only paying job. I'm very interested in passive allocation strategies oriented toward non-correlated returns. But I still play around with some of my portfolio for fun. Active investing can be an interesting game, and money is a great way to keep score. While Seeking Alpha is a potential source of investment ideas (lots of sifting required), I find it much more useful in studying behavioral finance. It's very entertaining - tragedy and comedy almost every day.
I've been on SA since ~2006 - I don't know where the 2008 date comes from.
I am an electrical engineer and have been a minor partner in a local business for the past several years, where I keep the books.
I have followed and studied the stock market for over 30 years, developing a trading style which suits my personality. My style changes with my perception of the market. During the 'crisis' of 2008 I utilized trades that last about a month on average. Starting in late 2008 and early 2009 I have been more of an intermediate term holder of precious metals miners and explorers, which have done very well for me thus far. Since 2010 I have been transitioning into a Dividend Growth style with a great deal of assistance from the Seeking Alpha DGI community.
I keep tabs on the economy and the market by perusing the headlines and some articles of interest on a routine basis. The more I study, the more I begin to see how much more I need to learn. I like to think that I've picked up a thing or two, but there's always more.
Several years ago I 'discovered' Austrian economic thought. It forms the framework for my economic and market analysis. It seems to work for me.
I am a Certified Public Accountant (CPA) (prior FL; current NJ and NY license) and a Certified Financial Planner (CFP). I have also been a member of the American Institute of Certified Public Accountants (AICPA) for 18 years (CFF as well). My current title is partner at a national accounting firm. I have audit, tax, and consulting experience with entities in the following sectors: closed-end funds, energy, financials, healthcare, homebuilders, pharmaceuticals, private equity, REITs, and telecoms. I've also have experience with C-corps., estates, high net worth individuals, LLCs, LLPs, S-corps., and trusts. I am an active investor. My investing fundamentals are based on both qualitative and quantitative information. By using my financial / analytical skills, I create specific investing ideas / strategies based on valuations and total returns. The two main sectors I currently provide articles on are mortgage real estate investment trusts (mREITs) and business development companies (BDCs).
Winner of the Summer 2017 PRO Promotion
Previous Projection Articles' Performance vs. Actual Results:
# of Projections Stated Within All Articles: 257
# of Projections PENDING: 0
# of Projections 100% Accurate or Within Range: 239
# of Projections Inaccurate or Outside of Range: 18
Projection “Within Range” Success Rate: 239 / 257 = 93.0%
For a detailed list of every projection I've made at Seeking Alpha (vs. actual results), please send me a personal message ("pm") through the inbox feature (too long to list here).
Disclaimer: I cannot own and will not give an opinion on any investments my current employer has any direct or indirect professional services with (accounting, audit, tax, consulting, etc.). As such, most large-cap stocks are "off the table" regarding my articles. All accounting insight, analysis, and opinions stated within any articles I write (in regards to a specified stock) are entirely from my own personal research and analysis. I believe my articles are both informative and in some cases educational.
NOTE: A growing number of readers/investors, analysts, and representatives of firms have requested to be provided with my "spreadsheets/models" to help better understand certain companies/sectors. My researched data is several files of 100+ spreadsheets/models containing both stocks I write about on S.A. and stocks I choose to not write about on S.A. To reduce the repeated requests to provide such data, these spreadsheets/models are ALL linked together. As such, all current and future requests to "share" ALL my data/models will be politely declined. Thanks for your understanding regarding this matter.
I appreciate my loyal readers and I’ll continue to try to provide high quality, in-depth articles.
Below are the stocks I currently cover (as of May 2018):
Stocks Covered (21 mREITs; 14 BDCs; 8 Other Sectors): ACSF, AGNC, AINV, AI, ANH, ARCC, ARR, BMNM, BXMT (New), CHMI, CMO, CYS, DX, EFC, FSIC, GAIN (New), GBDC, GPMT (New), IVR, MAIN, MCC, MFA, MITT, MO, MTGE, NEWT, NLY, NRZ, NVS, NYMT, OCSI (formerly FSFR), OCSL (formerly FSC), ORC, PHM, PMT, PSEC, PM, SLRC, TCPC (New) TOL, TRP, TWO, and WMC.
Commonly Asked Questions:
Question 1): If you are only paid per article, why make your articles so long / detailed?
- I like to provide the “nuts and bolts” of a company. As such, I strive for my articles to have some sort of “hard to obtain” facts / figures. From this data, I like to fully discuss / analyze specific topics within a particular stock. This mainly consists of a quarterly projection article and a series of articles on a company’s dividend sustainability. In certain instances, I also write articles in regards to specific, material events that occur during a quarter.
- I believe a company’s quarterly results and upcoming dividend declarations are two of the most important topics readers are requesting information on. My analysis takes the “average” article several steps further to allow readers to have access to information that is rare to public viewership.
Question 2): How come you only write 1-2 articles a week (would like to see more)?
- As stated in my profile above, I have a full-time professional career. I write / analyze stocks in my free time. To provide these types of high quality / in-depth articles, I can’t see writing more than 2 articles a week. I believe “quality” should always be a higher priority versus “quantity”.
- As many readers should know by now (if you’ve followed me for a while), I not here for the monetary rewards. If that was the case, I’d write 5+ weekly articles and provide little to no engagement in each article’s comment section. I believe the comments section is as important as the article themselves b/c readers have a wide range of questions in relation to each article or the sector in general.
Question 3): What do you personally gain from writing these articles?
- I am not here trying to promote a company, book, or website. There’s nothing wrong with that. That’s just not what I’m about. I’m here for the “average Joe”.
- When I decided to write these articles, I based it on the notion I am filling a “special niche” per se. Using skills that have been built up over my professional career, my articles usually provide unique information that most writers either a) don’t have the technical expertise to provide or b) don’t bother providing due to the time it takes to compile such data. As such, I believe the S.A. community benefits from my articles. I solely do this b/c it’s a passion of mine and I like helping readers have accurate, reliable data that is not readily available. Yes, I understand this may seem “hard to believe” in this day and age.
Question 4): How come you do not write about more stocks?
- To give readers the level of detail that I provide in my articles, I amass large amounts of data every quarter (or even weekly). As a direct result, a large amount of time is consumed by obtaining / analyzing this data.
- If I expanded the stocks I research, it would most likely take away the quality of other articles I currently am writing about. Again, this gets back to the “quality vs. quantity” metric.
- There is a fairly large range of stocks / investment vehicles I cannot write about / provide an opinion on due to various conflicts of interests (regarding my professional career). This is a topic I take VERY seriously.
It's been quite a journey the past six years as I've learned about stocks, technical analysis, swing trading, dividend growth investing, and options. For 17 years, I home educated our children and tutored, while my husband supported the family. Once I worked myself out of that job, I took on several finance-related part-time jobs. I have used my jobs as a learning tool more than an income tool and they have been very profitable. I focus the rest of my time making my husband's income the most useful it can be, and managing our home. I enjoy playing with bookkeeping, finance, investments, taxes, and strive to be the best steward of all the resources (time, energy, health, family, money, stuff) we have. When I started in 2011 with a sub-$10k portfolio the only purpose of my investing was to be able to afford to retire at a normal, reasonable age. By 2017 the portfolio income is as much as we need to survive (not ample) should income end - not because I was a brilliant stock picker, but because I had caught the vision of living off the dividends from investments without needing to spend down the principal. More than half of the portfolio was saved from income and carefully managing expenditures plus the sale of our house . My primary interests have now moved on (somewhat) and I'm not likely to continue writing for SA. Recently part of the portfolio (keeping core holdings - yes I still have NWL) was sold to invest in other asset classes. Moving from how will we ever retire to financial security has been wonderful and I am very grateful for all that I learned here on SA.
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.
Retired, self-directed individual investor. Retired at 56 in March 2007 after 30 years with CA Superior Court with a modest lifetime pension and a small IRA now converted to a Roth. Native Californian, raised in the USAF and lived in various countries around the world, now reside in Sacramento, CA.
Discovered Seeking Alpha in late 2011 when I was ready to invest my IRA. I started using a method I dubbed DGI Lite using the Dogs of the CCCs lists for Dividend Growth. I changed over to high-yielders such as REITs and BDCs when I needed more income to move closer to family and buy a new home in 2013. Best move I could have made.
Retirement *is* all it's cracked up to be -- it's the best gig I've ever had!
Retired Project Manager - 39 years with a national utility. Married 39 years and have 3 wonderful kids and 3 really grand grand-kids. USAF Veteran. Investing primarily in solid dividend paying companies with focus to generate income, capital appreciation is of secondary concern but still important.
As an SA Contributor I write about dividend investing general principles and strategies. I'll also write about concepts that apply across the investment spectrum but my focus is generally directed to dividend paying companies.
I tend to be conservative in investing approach. I invest and trade so as to increase my "discretionary" income. I live off my retirement pension and want to increase my account to provide additional income in future years. I'm 64 but haven't made a determination as to when I'll start using the additional income, preferring to remain flexible.
As a side note the profile picture is not me, it's my great grand-dad who was born in 1833, fought in the Civil War, fathered 11 children (the last one born when he was 67), worked hard as a farmer to take care of them, and died in 1910. I use it as inspiration to remind myself not to get lazy. I am fortunate to have been raised by great parents who set a great example for work ethic and taught me that we can accomplish much if we're willing to apply ourselves. That's why I invest my own money rather than depending on someone else.
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 particularly those facing or about to face Required Minimum Distributions (RMDs).
Bob is a stronger believer in having developing a personal portfolio business plan. He restricts his equity investments to stocks to those with investment grade credit of BBB or higher. He believes in set percentage caps when investing in non-defensive sectors.
Bob believes it is important to invest in holdings that are recession proven.
I retired in November 2016 at age 60.
My personal investing goal is to own a portfolio of dividend growth companies such that:
1) The overall portfolio dividend income is sufficient to pay for all of my routine retirement expenses. I do not ever want to be forced to sell something to produce cash, especially when my asset prices are down. [I have no objection to occasionally choosing to sell something to pay for a one-time expense such as a vacation or a gift.]
2) The overall portfolio dividend income rises each year by more than the rate of inflation, so that my purchasing power does not erode over time.
I invest primarily in David Fish's lists of Dividend Champions, Dividend Contenders, and Dividend Challengers. See http://www.dripinvesting.org/tools for those lists.
I do not invest in MLP's or BDC's or CEF's or preferreds.
I maintain a free web site that contains dividend histories for all of David Fish's Dividend Champions, Contenders and Challengers: http://www.tessellation.com/dividends
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 am a software engineer for hire. It has been my trade since my first gig ca. 1985, and as a full-time employee and as a consultant during and since my C.S. degree. This profession requires continuous and independent learning to keep up with the fresh college graduates.
I am a financial engineer of necessity, should I hope to ever become financially independent. I apply the same learning approach to economic and financial matters that I use to keep up my employment-related knowledge and skills.
I read everything. Company reports, Fed publications, financial times, scientific journals, economic papers, the wsj, mother earth news, and much more covering agriculture, automotive, aviation, botany, chemistry, construction, economics, electronics, firearms, geology, hvac, history, irrigation, law, medicine, physics, plumbing, wiring, yeast, and a bunch more are on the bookshelf and nightstand just behind my right shoulder. My short-term goal is to know about everything, with more about what I need or want to learn at present. My long-term goal is to know everything about everything.
While history may not repeat exactly the same, I believe it does rhyme. Thus the importance of Cicero's, "Not to know what happened before one was born is always to be a child."
History has led me to invest in companies with a history of growing their dividend. Capital gains are only useful once you turn them into cash flow. History shows you get better results if you skip the conversion. So I invest for cash flow, not for capital gains.
Thru my study of science, history, economics and sociology, I've found the Austrian school of economics to have the most valid explanations of why it happened, how it happened, and what will happen. Because of that I know that silver and gold are money, and so part of my portfolio has long been in Ag and Au for diversification, and part for insurance against history rhyming as pointed out by Mises:
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. --Ludwig von Mises
I don't see any sign of "the voluntary abandonment of further credit expansion."
For those who think everyone but them thinks like lemmings: I do not watch fox news or cnn or msnbc or TV. I listen to the radio 0.75-1.0 hours per day while I commute. Over 90% of that time the station tuned is rock -- alternative, classic, hard, ... but sometimes country. Less than 10% of the time is split between country and a local ABC affiliate for local news and traffic. I'll sometimes listen to time-shifted recordings of financial-related talk shows while working. For entertainment/variety sometimes while working and while I fall asleep I listen to time-shifted recordings of Coast to Coast AM which have the ads removed, typically 4-6 weeks after they air. ("time-shifted" so I can skip the annoying segments be they callers or guests.) I also like to watch the children or the cows or the cat or the birds or the deer or the fox. (The chickens are gone. Gave the last two away as the fox was getting far too bold.)
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.
Retiree interested in stocks and financial instruments, especially dividend producing stocks. In the 20th century, I was an electrical engineer with Dominion Energy. I use a dividend growth investment style. Quick rules of thumb for complex questions, like fair value p/e using the Gordon model, price = growth and total liabilities/total assets ratio for leverage calculations provide a starting point for my investment decisions. As a retiree, preservation of capital is paramount.