Anyone Buying on This Pullback?

[Kenswing]

Thinking about accumulating some more ATT. Their debt load is a little scary but the dividend is very enticing?

What are you guys looking at?

[swtroy]

I doubled down on the last dip (month or so ago) and feel confident in my decision...still.

[NatureBoy]

My 401k keeps chugging along. I moved some Apple stock from my personal acct to ROTH IRA. I’m really amazed how far AAPL has fallen.

[Daddymac]

I’m waiting on the EOY, people will be selling for year end losse.

[Boomer]

Thinking about accumulating some more ATT. Their debt load is a little scary but the dividend is very enticing?

What are you guys looking at?

Have not paid attention to T for a while. But you made me look.

It is clear to me that steady dividend investors probably are starting to think about their shopping lists for 2019.

This bull has been running since 2009. I have not felt good about the 2018 market because I felt there was an artificiality to it, especially because of all the corporate buybacks.

A good economy is supposed to be reflected in a low unemployment rate, which we have. But nobody seems to talk about what kind of jobs those are and if they include benefits. What percentage of income is being swallowed by healthcare costs? At what point does consumer confidence wane and/or the consumer hits a wall of debt? Just how solid are the underpinnings of this economy?

I feel like things are happening awfully fast right now, lots of moving parts.

But, Ken, for what my opinion is worth, I think you are smart to be thinking about the potential for good buys on solid dividend payers. But who knows when to take a leap. Dollar-cost averaging in might be an approach to consider. (Please remember though that I know not much.)

[Kenswing]

Have not paid attention to T for a while. But you made me look.

It is clear to me that steady dividend investors probably are starting to think about their shopping lists for 2019.

This bull has been running since 2009. I have not felt good about the 2018 market because I felt there was an artificiality to it, especially because of all the corporate buybacks.

A good economy is supposed to be reflected in a low unemployment rate, which we have. But nobody seems to talk about what kind of jobs those are and if they include benefits. What percentage of income is being swallowed by healthcare costs? At what point does consumer confidence wane and/or the consumer hits a wall of debt? Just how solid are the underpinnings of this economy?

I feel like things are happening awfully fast right now, lots of moving parts.

But, Ken, for what my opinion is worth, I think you are smart to be thinking about the potential for good buys on solid dividend payers. But who knows when to take a leap. Dollar-cost averaging in might be an approach to consider. (Please remember though that I know not much.)I've been in ATT for years. I just couldn't help myself and bought a couple hundred shares at $28.25. lol.. I figure a 7% dividend and a P/E ratio of 14 it's worth the risk. I might even put in another buy order for $28. I'm just a glutton for punishment.

Heck I'm even considering taking a small position in GE. At the current price the only downside is bankruptcy.. lol

I still have several years until retirement. I can be patient.

[Boomer]

I've been in ATT for years. I just couldn't help myself and bought a couple hundred shares at $28.25. lol.. I figure a 7% dividend and a P/E ratio of 14 it's worth the risk. I might even put in another buy order for $28. I'm just a glutton for punishment.

Heck I'm even considering taking a small position in GE. At the current price the only downside is bankruptcy.. lol

I still have several years until retirement. I can be patient.


I get it.

You really did make me look. T is almost at its 52-week low. And, sure enough, thereya go, dollar-cost averaging. :)

I have been meaning to look up whether T has ever cut its dividend.

I never looked at GE after its first dividend cut — years ago. I am sad to see the demise of that big, trusted company that gave good jobs to so many people.

[collie1228]

I bought 1K of GE at around $14.00 earlier this year, thinking that it couldn't possibly go down any further from there. As my old chief petty officer used to say, "there you go thinking again".

[BK001]

I bought 1K of GE at around $14.00 earlier this year, thinking that it couldn't possibly go down any further from there. As my old chief petty officer used to say, "there you go thinking again".

My dad would say: " Don't be smart -- stay the way you are".

:1rotfl:

[thetruth]

There are so many wise saying re: the stock market and at anytime some are right and some are wrong.
One of my favorites is no one is right all the time. To make money you only need to be right more often then you are wrong.
You can confirm this if you look at any of the funds or perhaps Buffet or whatever. The experts with staffs etc are not right all the time.

We, including me, are lulled into the information provided by the people with a vested interest. A vested interest to me means why are they providing that information. We come up with impressive words like risk tolerance. The truth is our risk tolerance is far higher on the way up than on the way down.

Today is 12/24/2018 this past week the S&P500 dropped 7%. I don't know the percentage I lost last week but I hope it was less than 7% as I've deliberately purchased low beta stocks.

The first question to ask yourself is why are you investing in the stock market? Next when will you need that money-time? Next your payment to the taxman?

What to do? BEATS ME.
SUGGESTION-it is easy and it is free. Do morningstar fund x-ray. You do not need to put in your dollars but you do need to have the percentage of the total of your whole that each stock or fund represents. The report will show you percentage of large cap, small cap, mid cap, foreign domestic etc that you own. If, you have a similar service available from your brokerage
you may find it interesting to discover that you will not get the same information as far as percentages from your brokerage report compared to fund x-ray. The Fidelity outline counts the contra fund (fcntx) as it's title-large cap growth fund. Fund x-ray shows it for what it is-they hold if I recall over 400 different stocks and even some bonds. The fund includes some mid cap, small cap as well as the large cap stocks.

[dewilson58]

For fixed income..........I'm a utility guy. I stay with the big ones.......Duke, Southern Company, etc. Great dividend history. I really don't look at the market value fluctuations.










For Legal Reasons: I'm just sharing my opinion of some of my investment strategy and I am not providing advice, recommendation(s), or suggestions. Investing should be part of a complete investment plan.


My investment talk = :blahblahblah::blahblahblah::blahblahblah:

[Kenswing]

I bought 1K of GE at around $14.00 earlier this year, thinking that it couldn't possibly go down any further from there. As my old chief petty officer used to say, "there you go thinking again".

I just put in a buy order for $7.00. Let's see what happens.

I had an order filled at $27.50 for more ATT. Hopefully that's the end of that. I'm running out of money.. lol

[Boomer]

Ken!

Thank you for starting this thread.

I am still looking at T — even though I still have presents to wrap — but dinner is not at our house this year so I am not as procrastinate-y as I appear in print today.

I looked up the answer to my old question about whether T had ever cut the dividend. Turns out it is still among those “Dividend Aristocrats” so not only no cuts, but annual increases for at least 25 years.

I see what you mean about debt with their recent acquisitions costing a bunch. But, for now, they just increased the dividend again, and, hey, it goes ex on January 9. :)

Low Beta Boomer

[graciegirl]

Ya never know. The only thing that we can count on for sure is death and taxes.

you tube. what a difference a day makes....... - Bing video (https://www.bing.com/videos/search?q=you+tube.+what+a+difference+a+day+makes.. .....&view=detail&mid=0FF870939D0307C680C20FF870939D0307C680C2&FORM=VIRE)

[Kenswing]

Ken!

Thank you for starting this thread.

I am still looking at T — even though I still have presents to wrap — but dinner is not at our house this year so I am not as procrastinate-y as I appear in print today.

I looked up the answer to my old question about whether T had ever cut the dividend. Turns out it is still among those “Dividend Aristocrats” so not only no cuts, but annual increases for at least 25 years.

I see what you mean about debt with their recent acquisitions costing a bunch. But, for now, they just increased the dividend again, and, hey, it goes ex on January 9. :)

Low Beta Boomer
I'm also looking at Ford as a dividend play. It's above 7% at current prices.

I had a stop set on Microsoft which got triggered. So now I need to put the money somewhere.. lol

[collie1228]

I bought some JPMorgan/Chase on the dip as a dividend play. Currently has a yield of 3.3%.

[Boomer]

Looks like T (the stock that started this thread a little over a month ago) has had a nice increase since and appears to have been testing its bottom at a little over 30 for the past week. But T is for dividends so as long as the share price does not run off a cliff -- like some cartoon character that was not paying attention -- I think the dividends will hang in there for now, and maybe a lot longer.

Warning: Please disregard anything I say about investing. I am not qualified professionally to give financial advice. Actually, I have no idea what I am talking about. But I could teach you how to bastardize punctuation and write sentence fragments that work just fine. -- But all you have to do for that is know that you are doing it on purpose.

Anyway, about buying on pullbacks:

When I think I might see some (ahem) shall we say -- buying opportunities coming, I sometimes start a shopping list.

I am so unsophisticated that I start my list by going to that other list known as The Dividend Aristocrats because those companies give me something to think about.

Lately, I found LEG, Leggett & Platt, with its 47 years of increasing its dividend, and sitting a little lower than the middle of its 52-week range, with a payout ratio around 60 (though I sometimes like them a little lower, depends on what else they are doing) and a beta below one. I find myself recently intrigued with LEG.

LEG's dividend is slightly below 4 so it is not the thrill of T. But not bad, and maybe the share price could go up.

My site for trading rates it neutral. Sometimes I like a little Neutral. Of course, I like a little Bullish better. And I have been known to ignore Bearish.

All those ratings are mostly from computers flashing algorithms.

Besides, I like Warren Buffett, who said, "Beware of geeks bearing formulas." (Please spare me a lecture about my guy Warren who seems to trigger a little rage around here. I gotta luv a guy who talks about percentages when others see only raw numbers. Also, I luv that he is so secure in who he is that he still lives in the house he bought decades ago. I have heard he has a weakness for private jet travel. Well, yeah, who wouldn't.) But, I digress, once more.

Back to what I am here to ask about:

I am asking because I like a little anecdotal information about companies that interest me.

I had never heard of Leggett & Platt until a few days ago.

I need to find out if LEG is boring enough for me.

I like behemoths that consistently belch out dividends, while paying attention to innovation and cap ex, but do not gorge themselves on the moment -- like when Welch could not stick to what had worked and shoved GE way into finance, when it was hot, way too hot. "You don't have to build a factory," said Welch, allegedly.

The thing is, I had never heard of LEG. But I am watching. Does anybody have any anecdotal information, or gut instinct, about LEG, that they would not mind sharing?

[valuemkt]

This is (IMO) a good solid stock to have in your dividend portfolio. 46 straight years of raising its dividend, currently, as you say, yielding around 3.8%. Very boring product line .. office furniture and some bedding components. If you speak beta, it has a non volatile beta of .9. It took a hit in December, but has recovered nicely. It's one of those steady-eddie SWAN stocks .. (Sleep well at night)

[thetruth]

Looks like T (the stock that started this thread a little over a month ago) has had a nice increase since and appears to have been testing its bottom at a little over 30 for the past week. But T is for dividends so as long as the share price does not run off a cliff -- like some cartoon character that was not paying attention -- I think the dividends will hang in there for now, and maybe a lot longer.

Warning: Please disregard anything I say about investing. I am not qualified professionally to give financial advice. Actually, I have no idea what I am talking about. But I could teach you how to bastardize punctuation and write sentence fragments that work just fine. -- But all you have to do for that is know that you are doing it on purpose.

Anyway, about buying on pullbacks:

When I think I might see some (ahem) shall we say -- buying opportunities coming, I sometimes start a shopping list.

I am so unsophisticated that I start my list by going to that other list known as The Dividend Aristocrats because those companies give me something to think about.

Lately, I found LEG, Leggett & Platt, with its 47 years of increasing its dividend, and sitting a little lower than the middle of its 52-week range, with a payout ratio around 60 (though I sometimes like them a little lower, depends on what else they are doing) and a beta below one. I find myself recently intrigued with LEG.

LEG's dividend is slightly below 4 so it is not the thrill of T. But not bad, and maybe the share price could go up.

My site for trading rates it neutral. Sometimes I like a little Neutral. Of course, I like a little Bullish better. And I have been known to ignore Bearish.

All those ratings are mostly from computers flashing algorithms.

Besides, I like Warren Buffett, who said, "Beware of geeks bearing formulas." (Please spare me a lecture about my guy Warren who seems to trigger a little rage around here. I gotta luv a guy who talks about percentages when others see only raw numbers. Also, I luv that he is so secure in who he is that he still lives in the house he bought decades ago. I have heard he has a weakness for private jet travel. Well, yeah, who wouldn't.) But, I digress, once more.

Back to what I am here to ask about:

I am asking because I like a little anecdotal information about companies that interest me.

I had never heard of Leggett & Platt until a few days ago.

I need to find out if LEG is boring enough for me.

I like behemoths that consistently belch out dividends, while paying attention to innovation and cap ex, but do not gorge themselves on the moment -- like when Welch could not stick to what had worked and shoved GE way into finance, when it was hot, way too hot. "You don't have to build a factory," said Welch, allegedly.

The thing is, I had never heard of LEG. But I am watching. Does anybody have any anecdotal information, or gut instinct, about LEG, that they would not mind sharing?

I proudly point out the REALITY of Buffet.
The guy is 86 years old and yet we hear him speak about long term stock holdings.

Buffet like is an acceptance of a false impression. You and I do not even trade in the same market as Buffet does. We are not even in the same game-at least I am not. When I buy or sell shares, no one is following what I do and the quantity that I buy or sell does not move the market. Also, Buffet looses 45 million and says it was a bad day. If, I lost 45 million there would be a lot of people wondering how they were so stupid as to lend me that much money.

Buffet like? Perhaps, the smart thing to do is to buy Bershire Hathaway and let Buffet and his staff buy and sell for you.

I regularly wonder how many of us regularly beat SPY-S&P 500 index? I DO NOT. The report from Fidelity keeps me honest.
My simple view-I AM NOT EVEN BATTING AVERAGE.

[Daddymac]

Look at ET and also USAC
GREAT PAYERS

[Daddymac]

Look at ET and also USAC
GREAT PAYERS

[Boomer]

This is (IMO) a good solid stock to have in your dividend portfolio. 46 straight years of raising its dividend, currently, as you say, yielding around 3.8%. Very boring product line .. office furniture and some bedding components. If you speak beta, it has a non volatile beta of .9. It took a hit in December, but has recovered nicely. It's one of those steady-eddie SWAN stocks .. (Sleep well at night)

Thank you.

I like your term SWAN stock.

And, yes, I speak fluent beta. I like it below 1.

I got burned in the 90s when I was having too much fun in tech. It was a lesson learned. But, at least, as much as I reveled in those temporary returns, I did not bet the whole farm, just the butter and egg money.

That comeuppance made me careful and simple and boring when it comes to investing. Hubris hurts.

I just might try to catch LEG. :)

[ColdNoMore]

I proudly point out the REALITY of Buffet.
The guy is 86 years old and yet we hear him speak about long term stock holdings.

Buffet like is an acceptance of a false impression. You and I do not even trade in the same market as Buffet does. We are not even in the same game-at least I am not. When I buy or sell shares, no one is following what I do and the quantity that I buy or sell does not move the market. Also, Buffet looses 45 million and says it was a bad day. If, I lost 45 million there would be a lot of people wondering how they were so stupid as to lend me that much money.

Buffet like? Perhaps, the smart thing to do is to buy Bershire Hathaway and let Buffet and his staff buy and sell for you.

I regularly wonder how many of us regularly beat SPY-S&P 500 index? I DO NOT. The report from Fidelity keeps me honest.
My simple view-I AM NOT EVEN BATTING AVERAGE.

You seem to really be hung-up on Buffett losing $45M, yet as I mentioned in this unanswered post...

https://www.talkofthevillages.com/forums/1606968-post23.html

...what % do you think that represents for Buffett?

I dare say, that all of us have had percentage losses...that dwarf that $45M. :ho:

[valuemkt]

Glad you didnt get cratered in the tech crash. A former colleague of mine had to return to work after cashing out his pension and going ALL In on tech and the likes of World Comm, Enron etc .. He was one of the few that admitted it. Maybe not ALL of us have made mistakes, but I certainly have. The crash of October '87 taught me plenty.

[ColdNoMore]

Buffett alone (NOT Berkshire-Hathaway +-$600 BILLION) is worth about $82 BILLION.

$45 Million represents about .05%...of his net worth.

Would love to meet the investor, that has never had a one-time loss...of .05%

:wave:

[Kenswing]

Not all of us.

If you've never experienced a .05% or greater loss at some point in the market you're either not in the market or you're not being truthful.

[ColdNoMore]

If you've never experienced a .05% or greater loss at some point in the market you're either not in the market or you're not being truthful.

:thumbup:

[Boomer]

Thanks again, to everybody, for an interesting discussion.

I like to talk about stocks and the economy, but I never talk about money with people I can actually see. It is just not how it is done in my old neck of the woods. People would think I was either downright tacky or just plain boring -- or both.

Anyway, thank you. :)

[Boomer]

And soooooo back to topic:

As many of you probably already know, the Dividend Aristocrats are stocks that have increased their dividend for at least 25 years, running.

The Dividend Kings have increased their dividend for at least 50 years.

Then there is that list somewhere of The Dogs of the Dow where we can look to see stocks that are getting beat up and wonder if they have a good chance of recovering.

I know those lists have pretty cheesy titles, but that’s OK with me. I am not at all sophisticated when it comes to this stuff — or anything else, really.

If you are not familiar with these lists and would like to know more, a Google of each list’s name will take you to them.

If you see anything that grabs you or that you know something about, maybe you would not mind sharing some insight.


— Geez. Please forgive me if I sounded like I was giving you homework. (blush)

[Kenswing]

And soooooo back to topic:

As many of you probably already know, the Dividend Aristocrats are stocks that have increased their dividend for at least 25 years, running.

The Dividend Kings have increased their dividend for at least 50 years.

Then there is that list somewhere of The Dogs of the Dow where we can look to see stocks that are getting beat up and wonder if they have a good chance of recovering.

I know those lists have pretty cheesy titles, but that’s OK with me. I am not at all sophisticated when it comes to this stuff — or anything else, really.

If you are not familiar with these lists and would like to know more, a Google of each list’s name will take you to them.

If you see anything that grabs you or that you know something about, maybe you would not mind sharing some insight.


— Geez. Please forgive me if I sounded like I was giving you homework. (blush)Old habits die hard.. lol

I like this article. You can sort by yield, price etc.. The 2019 Dividend Aristocrats List: 25+ Years of Rising Dividends Sure Dividend (https://www.suredividend.com/dividend-aristocrats-list/)

[Bucco]

Kudos.to most participants of this thread.

A learning tool, not only on stock market participation, but on ignoring those who choose to silent anyone else in the room

This is an example of how I recall TOTV way back.

[valuemkt]

That's a nice concise list with a few tidbits of information. I'm attaching a link to another site that is much more exhaustive. for folks that like a bunch of information on a variety of dividend paying stocks. The spreadsheet contains worksheets on stocks paying increasing dividends every year for over 25 years (champions), contenders (10-24 straight years) and challengers (5-9 years). All told there are nearly 900 companies in the list, which is updated monthly. Basic excel skills will let you sort to your hearts content. The DRiP Investing Resource Center - DRiP Information, Tools, And Forms (http://www.dripinvesting.org/Tools/Tools.asp) and click on the excel spreadsheet

[Kenswing]

That's a nice concise list with a few tidbits of information. I'm attaching a link to another site that is much more exhaustive. for folks that like a bunch of information on a variety of dividend paying stocks. The spreadsheet contains worksheets on stocks paying increasing dividends every year for over 25 years (champions), contenders (10-24 straight years) and challengers (5-9 years). All told there are nearly 900 companies in the list, which is updated monthly. Basic excel skills will let you sort to your hearts content. The DRiP Investing Resource Center - DRiP Information, Tools, And Forms (http://www.dripinvesting.org/Tools/Tools.asp) and click on the excel spreadsheet
Wow! I could truly go down the rabbit hole on that site. Another great resource. Thanks.

[Moderator]

Good to see the serious part of this discussion get back on track. A number of posts were removed/hidden as they attempted to derail the topic or discuss individuals. Serious topics should invite serious discussion from those who are interested in the topic.

Thank you,

Moderator

[TNGary]

Amazon reported Q4 & 2028 earnings in Jan 31. I will speculate with good confidence there will be significant movement after earnings are announced. The best way to play a movement when not sure if the direction are of course straddle options. I will sit this one out, most likely, but will be interesting to see how the stock moves after the announcement. If anyone is in On the straddle, keep us posted!!!

[Boomer]

That's a nice concise list with a few tidbits of information. I'm attaching a link to another site that is much more exhaustive. for folks that like a bunch of information on a variety of dividend paying stocks. The spreadsheet contains worksheets on stocks paying increasing dividends every year for over 25 years (champions), contenders (10-24 straight years) and challengers (5-9 years). All told there are nearly 900 companies in the list, which is updated monthly. Basic excel skills will let you sort to your hearts content. The DRiP Investing Resource Center - DRiP Information, Tools, And Forms (http://www.dripinvesting.org/Tools/Tools.asp) and click on the excel spreadsheet


Oh my! valuemkt, that is quite a site.

I started looking at it about a half hour ago, and now, I have to tear myself away and save it for later.

One of my close relatives wants to get into dividend stocks. I told him to start looking at the sites I mentioned here. (I would never tell him what to buy. But I will show him where to learn to make his own decisions.)

And I can tell you right now, he will love this site. He is highly analytical and this looks like exactly the kind of info he will use to the max.

Your link gives me another, and better, for him, source to share with him.

Thank you for showing this site to us.

[TNGary]

That's a nice concise list with a few tidbits of information. I'm attaching a link to another site that is much more exhaustive. for folks that like a bunch of information on a variety of dividend paying stocks. The spreadsheet contains worksheets on stocks paying increasing dividends every year for over 25 years (champions), contenders (10-24 straight years) and challengers (5-9 years). All told there are nearly 900 companies in the list, which is updated monthly. Basic excel skills will let you sort to your hearts content. The DRiP Investing Resource Center - DRiP Information, Tools, And Forms (http://www.dripinvesting.org/Tools/Tools.asp) and click on the excel spreadsheet

Great link, thanks for sharing. Fyi all, CAT got hit today due to low earnings. For those willing to take some risk, $ to have been made on puts. Apple announces tomorrow after market closes.

[Boomer]

Does anybody want to talk about utilities-z-z-z-z-z?

Consolidated Edison (ED) is the only utility on the list of Dividend Aristocrats. ED has paid a dividend for more than a hundred years and has increased its dividend for at least 40 years in a row.

Dominion (D) took an interesting dip several months ago. It went up again for a while. But lately seems to be taking a bit of a hit. D’s dividend does not have the long history of ED.

I think both of these utilities go ex in February. ED’s dividend is just below 4 and D is just below 5. Both are off their 52 -week high. Both have a low Beta.

Yes. Buying utilities is about finding relatively decent, stable dividends, but it is nice to catch any stock when they are down a little. Even if you are mostly a buy and holder, you still like to see a little green in that gain column.

Anyway, let’s say, theoretically, I am asking the interested among you to join me on a little shopping trip. Not a shopping spree. I just want to go window-shopping. Just in theory — which one might have the best window right now? Would it be D or ED or both or neither?

[dewilson58]

Does anybody want to talk about utilities-z-z-z-z-z?

Consolidated Edison (ED) is the only utility on the list of Dividend Aristocrats. ED has paid a dividend for more than a hundred years and has increased its dividend for at least 40 years in a row.

Dominion (D) took an interesting dip several months ago. It went up again for a while. But lately seems to be taking a bit of a hit. D’s dividend does not have the long history of ED.

I think both of these utilities go ex an February. ED’s dividend is just below 4 and D is just below 5. Both are off their 52 -week high. Both have a low Beta.

Yes. Buying utilities is about finding relatively decent, stable dividends, but it is nice to catch any stock when they are down a little. Even if you are mostly a buy and holder, you still like to see a little green in that gain column.

Anyway, let’s say, theoretically, I am asking the interested among you to join me on a little shopping trip. Not a shopping spree. I just want to go window-shopping. Just in theory would it be D or ED or both or neither?




While shopping, swing over to the Fresh Meat section.........I "SO" love shopping over there.


:)

[Boomer]

Does anybody want to talk about utilities-z-z-z-z-z?

Consolidated Edison (ED) is the only utility on the list of Dividend Aristocrats. ED has paid a dividend for more than a hundred years and has increased its dividend for at least 40 years in a row.

Dominion (D) took an interesting dip several months ago. It went up again for a while. But lately seems to be taking a bit of a hit. D’s dividend does not have the long history of ED.

I think both of these utilities go ex in February. ED’s dividend is just below 4 and D is just below 5. Both are off their 52 -week high. Both have a low Beta.

Yes. Buying utilities is about finding relatively decent, stable dividends, but it is nice to catch any stock when they are down a little. Even if you are mostly a buy and holder, you still like to see a little green in that gain column.

Anyway, let’s say, theoretically, I am asking the interested among you to join me on a little shopping trip. Not a shopping spree. I just want to go window-shopping. Just in theory — which one might have the best window right now? Would it be D or ED or both or neither?

While shopping, swing over to the Fresh Meat section.........I "SO" love shopping over there.


:)


dewilson,

You clever, cryptic guy, you!

I luv it! :)

You are talking about Southern.

I have owned it in the past but not lately. Will have a look.

Boomer

[ColdNoMore]

Speaking of utilities, there's definitely one to steer clear of...at least for now.

No telling what their eventual liability will be regarding the devastating fires in CA, but right now...it doesn't look good.

The big question obviously, is will it be an ebb tide lowering other utility boats...as a warning of what could/can happen?

Or will it turn out be the best buying opportunity...in a long time? :shrug:

I guess we'll find out as the court cases (or settlements)...run their course.




Isn't it so exciting and fun...trying to predict the future? :D

[Kenswing]

Does anybody want to talk about utilities-z-z-z-z-z?

Consolidated Edison (ED) is the only utility on the list of Dividend Aristocrats. ED has paid a dividend for more than a hundred years and has increased its dividend for at least 40 years in a row.

Dominion (D) took an interesting dip several months ago. It went up again for a while. But lately seems to be taking a bit of a hit. D’s dividend does not have the long history of ED.

I think both of these utilities go ex in February. ED’s dividend is just below 4 and D is just below 5. Both are off their 52 -week high. Both have a low Beta.

Yes. Buying utilities is about finding relatively decent, stable dividends, but it is nice to catch any stock when they are down a little. Even if you are mostly a buy and holder, you still like to see a little green in that gain column.

Anyway, let’s say, theoretically, I am asking the interested among you to join me on a little shopping trip. Not a shopping spree. I just want to go window-shopping. Just in theory — which one might have the best window right now? Would it be D or ED or both or neither?
Just a quick drive by between phone calls.. I probably wouldn't be plunking down any money in PG&E for awhile but I've been in Dominion for years.

ETA.. lol. I see PG&E has already been addressed..

[Chi-Town]

Speaking of utilities, there's definitely one to steer clear of...at least for now.

No telling what their eventual liability will be regarding the devastating fires in CA, but right now...it doesn't look good.

The big question obviously, is will it be an ebb tide lowering other utility boats...as a warning of what could/can happen?

Or will it turn out be the best buying opportunity...in a long time? :shrug:

I guess we'll find out as the court cases (or settlements)...run their course.




Isn't it so exciting and fun...trying to predict the future? :DI remember when all I knew about Pacific Gas & Elelecric was their 1970 hit Are You Ready?

Anyhow, my exposure to
utilities is a Utilities Select Sector SPDR ETF- symbol XLU. Very happy with the performance and low expense. And I don't have to worry about a single stock downturn.






Sent from my SM-N960U using Tapatalk

[thetruth]

You seem to really be hung-up on Buffett losing $45M, yet as I mentioned in this unanswered post...

https://www.talkofthevillages.com/forums/1606968-post23.html

...what % do you think that represents for Buffett?

I dare say, that all of us have had percentage losses...that dwarf that $45M. :ho:

Unless I hold birkshire hathaway, if buffet looses 45 million I lost nothing due to his loss. If, you loose a higher percentage than the market. Again, it does not affect me.

My contrarian view is never forget you are a prawn-BAIT FOR THE SHARKS. Few understand math. If you invest in xyz and the first year it goes up 10% but the next year it goes down 10% you are not even you have a loss. 1000+10%=1100 1100-10%=990.
Assuming as we read that the long term market return is 8% a year, to achieve that, the third year you need to make 1000+8%+8%+8%=1259.71 so 990+27%.=1257.30

My point, few will tell you. Not only do gains compound but so do losses.

As I tried to explain and as you by this post agree. Buffet like is delusional.

[manaboutown]

In my view Warren Buffet has done remarkably well. I remember buying two shares of BRK (A, there was no B back then) in 1987 at about $3,000 per share. It is now over $300K per share. Wish I had had the money and the guts at that time to have bought 20 shares!

[Boomer]

Chi,

You just gave us good, sensible advice.

ETFs and mutual funds certainly can get the job done. Of course, any investment requires paying attention, but you are absolutely right about why investing in funds and/or ETFs can be far less of a hassle than stock picking.

I just took a look at the top holdings for XLU. Very nice.

Shameless Confession:

When I am thinking about doing a little shopping, I look at those lists I mentioned earlier, but sometimes I look at a few funds, and now, ETFs, and I spy on their top ten holdings. :) Then I pick a handful of those to look at more closely.

Years ago, I stalked Will Danoff, just to see what he was doing. I used his top ten as a starting point, more than once. And, yes, sometimes I copied Will’s homework.

Anyway, thanks, Chi.

And, Ken, I am relatively new to Dominion but thinking about adding some. Nice to see you like it.

I have been holding onto my steady EDdie for a while and will stay that way, but dewilson helped me remember that I used to like SO and so I am going to see how it is doing since we broke up.

And, uh, oh, I see tt has joined us and is trying to trash my dear Buffett again. Sometimes, tt even yells in all those caps. But, I hope tt can eventually accept that I will never change my mind.

Buffett is an icon. And he sure can turn a phrase. I love all his little homespun quotes. He is not pretentious. He is one of a kind. Fun to watch.

A few years ago, there was a book published by a Motley Fool writer. The book was titled “Warren Buffett Invests Like A Girl.” The book was not all that good, kind of redundant, as I recall. But I gotta luv the title.

Boomer A. Girl

[TNGary]

Amazon reports tomorrow/Thursday. Bullish day to-day in the markets due to fed hold on rates plus Apple's report. Amazon up 4% today. I suspect you could see a big upswing in amazon after announcement of earnings. The way to play that possible outcome without buying the stock Will be short term call options. Will be interesting to see the final #'s after the market closes.

[NatureBoy]

Speaking of utilities & dividends & ETFs: HDV (https://screener.fidelity.com/ftgw/etf/goto/snapshot/snapshot.jhtml?symbols=HDV). Pays over 3.5%. Has a low expense ratio (0.08%).

[Boomer]

Any thoughts on IBM?

[valuemkt]

I'm biased, as I spent 38 years there and collect a pension from them. Current CEO is the second worst in history, after John Akers. Think Jeff Immelt at GE for a comparison. All magic and mirrors. The dividend is VERY tempting, and if you Believe in the Red Hat acquisition, go for it. While I depend on that pension income, from a stock buying perspective, that's what ten foot poles are made for

[pirwin]

Thinking about accumulating some more ATT. Their debt load is a little scary but the dividend is very enticing?

What are you guys looking at?

I like ATT. Stay patient and rake in dividends. I also like KNDI. Again, stay patient.
Anyone have a child car seat I can borrow Feb 21 to 24? Contact Peter Irwin: 352-753-7433

[Boomer]

I'm biased, as I spent 38 years there and collect a pension from them. Current CEO is the second worst in history, after John Akers. Think Jeff Immelt at GE for a comparison. All magic and mirrors. The dividend is VERY tempting, and if you Believe in the Red Hat acquisition, go for it. While I depend on that pension income, from a stock buying perspective, that's what ten foot poles are made for

Thank you. As soon as you said, “Immelt,” I remembered conversations about him. We did not work for GE but know people who did.

I remember conversations about Welch, too. During his reign, he took them into finance — the beginning of the end??

And then came Immelt.

I understand what you mean about magic and mirrors.

It has been sad to see the demise of GE. It was once known as a company that took care of its business and its people and its investors. But unrestrained greed is bad economics.

I appreciate your answer about IBM. The dividend and being so far off its 52-week high got my attention. But I don’t know anything about Red Hat. Thank you for the perspective.

[collie1228]

Thank you. As soon as you said, “Immelt,” I remembered conversations about him. We did not work for GE but know people who did.

I remember conversations about Welch, too. During his reign, he took them into finance — the beginning of the end??

And then came Immelt.

I understand what you mean about magic and mirrors.

It has been sad to see the demise of GE. It was once known as a company that took care of its business and its people and its investors. But unrestrained greed is bad economics.

I appreciate your answer about IBM. The dividend and being so far off its 52-week high got my attention. But I don’t know anything about Red Hat. Thank you for the perspective.

I'm a former GE employee (GE Aerospace until it was acquired by Martin Marietta/Lockheed Martin) and a graduate of GE's Financial Management Program. In those days GE was proud of its tradition of conservative, accurate accounting methods, and you could trust their financial statements as accurate. That's no longer true. Jack was a great CEO who fell under the spell of "easy money" in financial services, then Immelt took over and completely screwed up the company. Jack's selection of Immelt as his successor should go down in history as the worst decision ever by a CEO. This is from a USA Today article in 2018: "When Jack Welch turned the keys of the General Electric Co. over to Jeff Immelt in 2001, GE was a well-run and greatly admired profit machine, stocked with exceptional management talent and innovative practices. Over the next 16 years, while Immelt held the top job, he completely demolished the House that Jack Built."

[Boomer]

I'm a former GE employee (GE Aerospace until it was acquired by Martin Marietta/Lockheed Martin) and a graduate of GE's Financial Management Program. In those days GE was proud of its tradition of conservative, accurate accounting methods, and you could trust their financial statements as accurate. That's no longer true. Jack was a great CEO who fell under the spell of "easy money" in financial services, then Immelt took over and completely screwed up the company. Jack's selection of Immelt as his successor should go down in history as the worst decision ever by a CEO. This is from a USA Today article in 2018: "When Jack Welch turned the keys of the General Electric Co. over to Jeff Immelt in 2001, GE was a well-run and greatly admired profit machine, stocked with exceptional management talent and innovative practices. Over the next 16 years, while Immelt held the top job, he completely demolished the House that Jack Built."


We must have been in some of the same conversations, maybe not in the same town, but the same talk, as things were changing at GE.

Yes. Neutron Jack. And then —

Where I am from, a job with GE or PG was the goal of a lot of us. We thought those two companies would be forever.

[thetruth]

You seem to really be hung-up on Buffett losing $45M, yet as I mentioned in this unanswered post...

https://www.talkofthevillages.com/forums/1606968-post23.html

...what % do you think that represents for Buffett?

I dare say, that all of us have had percentage losses...that dwarf that $45M. :ho:

As to mind control.
MY POINT is truly simple. Buffet looses 45 million and says it is a bad day. Was I to loose 45 million there would be a lot of people wondering why they LENT ME that kind of money.

A person at age 86 talking about investing long term? The actuarial tables will question his sanity.

The term BUFFET LIKE is mass denial of reality.

[thetruth]

Oh my! valuemkt, that is quite a site.

I started looking at it about a half hour ago, and now, I have to tear myself away and save it for later.

One of my close relatives wants to get into dividend stocks. I told him to start looking at the sites I mentioned here. (I would never tell him what to buy. But I will show him where to learn to make his own decisions.)

And I can tell you right now, he will love this site. He is highly analytical and this looks like exactly the kind of info he will use to the max.

Your link gives me another, and better, for him, source to share with him.

Thank you for showing this site to us.


I would never, but, a close friend decided to help his nephew.

I told my friend if his nephew makes money he will declare how smart he is if he looses he will declare you misadvised him-either way you loose.

Unfortunately, I was right.

[ColdNoMore]

As to mind control.
MY POINT is truly simple. Buffet looses 45 million and says it is a bad day. Was I to loose 45 million there would be a lot of people wondering why they LENT ME that kind of money.

A person at age 86 talking about investing long term? The actuarial tables will question his sanity.

The term BUFFET LIKE is mass denial of reality.

:1rotfl:

Thanks for your...ummmm...'perspective.' :oops:

[manaboutown]

Did anyone else get caught today holding KHC?

I have only a few shares but own some BRK which also took a hit.

It seems tastes and food preferences have changed quite a bit over the last couple of generations. Very few people I know anymore eat the food products full of preservatives and sodium our parents ate that are manufactured en masse by large corporations. I am thinking Jell-O, Kool-Aid, canned soups (Campbell's), lunch meats such as Spam, hot dogs, bologna, processed cheese product such as Velveeta, canned ground coffee such as Folgers and Maxwell House, Heinz ketchup and mustard and so on. Today's incredible year round availability of vast selections of fresh fruits and vegetables, "gourmet" coffee, tea and other drink and condiment alternatives along with more disposable income may make the difference. When I was growing up I never heard the terms organic, gluten-free, fat free, low salt or vegetarian. lol

[Boomer]

Thinking about accumulating some more ATT. Their debt load is a little scary but the dividend is very enticing?

What are you guys looking at?

Kenswing started this thread, with the above post, just before Christmas. (Thank you, Ken. Thank you very much. ;))

For those who have been keeping an eye on T, there is an interesting article on the site Seeing Alpha. The article is titled “Calling on AT&T is Worth Your Money.” (I would link it for you, but I have never bothered to learn to link on my iPad. If I link, I am on my laptop.) If you are interested in reading the article, I am sure you know how to find it by title.

Also re. Seeking Alpha, I think their writers are mostly bloggers with opinions and the ability to include pretty (or ugly) colorful charts. But that’s OK, if they are writing about a stock you are following, and you are on the internet, probably wasting time (like me), you might as well see what somebody else thinks. The article I just read is an opinion piece that addresses the bad and the good about T right now.

[Kenswing]

Kenswing started this thread, with the above post, just before Christmas. (Thank you, Ken. Thank you very much. ;))

For those who have been keeping an eye on T, there is an interesting article on the site Seeing Alpha. The article is titled “Calling on AT&T is Worth Your Money.” (I would link it for you, but I have never bothered to learn to link on my iPad. If I link, I am on my laptop.) If you are interested in reading the article, I am sure you know how to find it by title.

Also re. Seeking Alpha, I think their writers are mostly bloggers with opinions and the ability to include pretty (or ugly) colorful charts. But that’s OK, if they are writing about a stock you are following, and you are on the internet, probably wasting time (like me), you might as well see what somebody else thinks. The article I just read is an opinion piece that addresses the bad and the good about T right now.
One bit of good news today is that the Appeals court sided with ATT on the take over of Time Warner. That should add a bit more stability going forward. Here's a link to the above mentioned article. Calling On AT&T Is Worth Your Money - AT&T Inc. (NYSE:T) | Seeking Alpha (https://seekingalpha.com/article/4243071-calling-and-t-worth-money)

GE, so far was also a good gamble. They just sold their biopharma business for $21B. That should help their liquidity a bit.

[Boomer]

Note: I can't get rid of that winking blue emoticon that is at the start of my post. I am not messing with you. I promise. Just ignore that winking blue face. It is not supposed to be there.

Anyway:

Good afternoon, my fellow bargain shoppers.

Today, I am asking if anybody has any thoughts on HBI. Hanesbrands makes boring, affordable underwear.

Over the past 52 weeks, it has been down over 8%. Now, it is coming up from its 52-week low.

The dividend is 3.38% with a payout ratio of 40%. HBI is not among the Dividend Aristocrats, or even close. But the current payout ratio is tame enough, though I think I heard that something totally insane was going on with that a while back, but I can't find that info right now. Debt issues maybe?? CEO? Not sure.

I am not looking for a skyrocketing price, just some upward and onward. And while waiting, the dividend is not too bad. I am just wondering if this recently ugly duckling has a chance of turning into a SWAN?

That's all I know so far. As always, I appreciate your thoughts. (except for the Buffett Bashing :) )

[valuemkt]

The reason its yielding over 3% is because the stock is half of what it was in 2015 .. With dividends reinvested its yielded MINUS 8% during that time vs a PLUS 9 % for the SP500. Knock yourself out if you think its hit rock bottom.. Dont know anything about its payout ratio, EPS trend etc, but for my money there are plenty of better stocks yielding 3-4%. There are also many Simply Safe followers here. they could tell you the safety rating of the dividend

[Boomer]

I really like the title Kenswing gave this thread when he started it a few months ago and titled it “Anyone Buying on This Pullback?” It has been an interesting discussion.

Continuing with Kenswing’s theme, I am asking a question, today: Is anybody watching 3M (MMM)? Opinions?

[karostay]

:1rotfl: Pot stocks VFF and CURLF are going sky HIGH.......:1rotfl:

[thetruth]

I really like the title Kenswing gave this thread when he started it a few months ago and titled it “Anyone Buying on This Pullback?” It has been an interesting discussion.

Continuing with Kenswing’s theme, I am asking a question, today: Is anybody watching 3M (MMM)? Opinions?

5/2/19 Low for the day 183.40.

[ColdNoMore]

I got chicken a little while back and went a lot more conservative, after the big drop before X-Mas...and then when the DJIA bounced back to just under 26,000.

While it may climb even higher, with this being the longest bull run in history...it's just my opinion we're due for a pretty large correction soon.

And while I may lose out in the meantime, I don't suffer from FOMO (fear of missing out)...because NO ONE can time the market perfectly.

I hung on during the Great Recession when the DJIA dropped to around 8,000 and am darned glad I did...as the DOW increased by over 2 times from then to up to 2016. :thumbup:

I keep thinking about the billionaire who was asked about how he became so wealthy and his response was..."By selling too early." :D

[ColdNoMore]

Note: I can't get rid of that winking blue emoticon that is at the start of my post. I am not messing with you. I promise. Just ignore that winking blue face. It is not supposed to be there.

Anyway:

Good afternoon, my fellow bargain shoppers.

Today, I am asking if anybody has any thoughts on HBI. Hanesbrands makes boring, affordable underwear.

Over the past 52 weeks, it has been down over 8%. Now, it is coming up from its 52-week low.

The dividend is 3.38% with a payout ratio of 40%. HBI is not among the Dividend Aristocrats, or even close. But the current payout ratio is tame enough, though I think I heard that something totally insane was going on with that a while back, but I can't find that info right now. Debt issues maybe?? CEO? Not sure.

I am not looking for a skyrocketing price, just some upward and onward. And while waiting, the dividend is not too bad. I am just wondering if this recently ugly duckling has a chance of turning into a SWAN?

That's all I know so far. As always, I appreciate your thoughts. (except for the Buffett Bashing :) )

Just like toilet paper...people will always need underwear.

In fact, if toilet paper makers were to start to drop and showing lower/flat volumes...it might be time to even increase your position on underwear.

After all...accidents happen. :D

[graciegirl]

Kraft Heinz (KHC) Has Tried to Reinvent Some of Its Most Well-Known Foods, But Nobody Seems to Care - TheStreet (https://www.thestreet.com/slideshow/14117296/1/what-s-happening-to-kraft-heinz-biggest-brands-explain-perfectly-why-sales-are-under-siege.html)

Millennials being blamed for decline of American cheese | Fox News (https://www.foxnews.com/food-drink/millennials-kraft-american-cheese-sales-decline)

American Cheese Sales Decline Due To Millennials (https://www.refinery29.com/en-us/2018/10/213747/millennials-american-cheese-study)

Kraft Heinz, Kellogg Latest Food Makers to See Sales Drop | Fox Business (https://www.foxbusiness.com/features/kraft-heinz-kellogg-latest-food-makers-to-see-sales-drop)

The reason I brought this up is that I own a few shares of KHC as the result of an inheritance (wish I didn't). Plus I own some Berkshire Hathaway and am well aware of Warren's eating habits - blanch! I wonder if he accepts that younger folks have gradually been stepping away from processed foods for years and due to modern technology are able to obtain tasty, fresh, nutritious high quality foods which they prefer to what most people used to have to eat during most of the last century. His dismissive comment about KHC processed food product sales during the BH annual meeting - product sales cycle up and down - does not align with the actual trend of KHC processed food product sales, downward.

Very good sources and excellent information.

[Mike123]

T and mo, are my picks

[ColdNoMore]

So who enjoys...roller coaster rides?

While I admit that when I took the actions linked below back in January, I've had moments since of FOMO (Fear Of Missing Out)...right now I'm not sorry in the least.

When things settle down and stability in global trade and policies are in place for a while (within the next couple of years?), it might be time to change my mind...but for right now I still have no regrets.



Blood Pressure Currently Steady (Apply Cuffs Here) (https://www.talkofthevillages.com/forums/1617268-post59.html)


Along those lines, and in contradiction to my overall philosophy of 'buy and hold,' Friday's little rally has convinced me that it's now time...to become more conservative in my funds.

And while in 6 months, if this already record bull run continues and I may have left money on the table, I am more than satisfied with my annual returns over the last 10 years...and will have no regrets.

There are just too many "big, with so many moving parts...," (of which are too political to go into detail here)...that makes me think it's time to sit on the sidelines for a while.

Since it will be my children who will be the beneficiaries of my financial decisions, I think they will understand my philosophy that...'pigs get fat, hogs get slaughtered.'

I also believe that the markets will also get back to a position where it makes sense to be more aggressive, it's just my (non-professional financial opinion)...now is not that time.

[valuemkt]

So who enjoys...roller coaster rides?

While I admit that when I took the actions linked below back in January, I've had moments since of FOMO (Fear Of Missing Out)...right now I'm not sorry in the least.

When things settle down and stability in global trade and policies are in place for a while (within the next couple of years?), it might be time to change my mind...but for right now I still have no regrets.



Blood Pressure Currently Steady (Apply Cuffs Here) (https://www.talkofthevillages.com/forums/1617268-post59.html)

Agree .. Hopefully you generated enough cash and short term instruments to carry you thru a potential rough couple of years .. The stocks that were kept will have time to recoup any short term losses, while generating dividend income ..

[ColdNoMore]

Agree .. Hopefully you generated enough cash and short term instruments to carry you thru a potential rough couple of years .. The stocks that were kept will have time to recoup any short term losses, while generating dividend income ..

As I mentioned in my January post, it will be my children who will ultimately be the ones judging...my financial actions/decisions.

On a personal level, as long as I don't live to be over 183 (when all of Orlando becomes just another Village :D)...everything will be just fine. :ho:

[ColdNoMore]

So who enjoys...roller coaster rides?

If you're someone who does, lately you may feel like you are the recipient...of an 'E-Ticket' (only some folks may understand that reference :D).

[Boomer]

No matter what the market is doing, investors need to build and maintain a moat — out of cash flow for living expenses, and also to make sure you never get into a place where you have to sell stocks to pay taxes.

[TNGary]

I doubled down on the last dip (month or so ago) and feel confident in my decision...still.

Great call On T, thanks for sharing. Also Elliot purchased several $B recently and will drive the price even higher to make his $B.
Keep us posted of the next opportunity as I will be checking back here!!!!!

[l2ridehd]

I have been selling T. Because of it's dividend it has made a good positive move here so I have been selling it. Will buy again if stocks rebound and it drops. I always buy it around $31 and sell it over $35. And it pays over 6% when I am holding it.

[Kenswing]

I have been selling T. Because of it's dividend it has made a good positive move here so I have been selling it. Will buy again if stocks rebound and it drops. I always buy it around $31 and sell it over $35. And it pays over 6% when I am holding it.

It's one of my anchor stocks. I don't think I've ever sold any. Have been accumulating for years. I buy on the dips, reinvest the dividends when the price is at or under $32. And just smile when the dividends are distributed.

As I get closer to retirement I might start shedding some just to limit my risk a little though. I'll wait for the $40's.. :p