Birchtree's Account Talk

Sort by newest Sort by date
The Birchtree oceanic account did well in September, here are the weekly results: +$107K, +$109K, +$100K, -$36K for a sweet gain of +$280K. I'm still just $92K shy of a $1M year to date - and perhaps October will propitiate and finally give it to me. In October of 2012 I had a give back of -$1K. It would appear that a wedge pattern is forming in the S&P 500 (SPY). The longer this wedge pattern persists, the larger the subsequent breakout move becomes - let's look forward to that happening in October into November.
 
Today is a classic day - when all the experts and forecasts agree - something else is going to happen. So I'll pay more for my wall flowers today and that's a small sacrifice.

When commodity prices rise with inflation my oceanic will float many of those material stocks.
 
The tide is coming in today. Risk is what creates opportunity. When there is no perceived risk, there is no opportunity. The next several days may be explosive taking the SPX right back to 1710 and beyond.
 
Birchtree said:
The Birchtree oceanic account did well in September, here are the weekly results: +$107K, +$109K, +$100K, -$36K for a sweet gain of +$280K. I'm still just $92K shy of a $1M year to date - and perhaps October will propitiate and finally give it to me. In October of 2012 I had a give back of -$1K. It would appear that a wedge pattern is forming in the S&P 500 (SPY). The longer this wedge pattern persists, the larger the subsequent breakout move becomes - let's look forward to that happening in October into November.
Click to expand...

What??? Only +$280K for the month??? You slacker!
 
Well perhaps today I'll catch a break on my 11 dividend reinvestments - I over paid yesterday. Maybe I'll get golden prices for a few more days. I now have accumulated 120 dividend increase announcements - 16 more to go to match 2012s total. So I believe this will be an extended rally with only minor one or two day consolidations for the next few weeks.
 
Hey BT, Ive been lurking around your account talk thread and following updates for the past few months. I always see you talk about the enormous amount of dividend income you receive. Care to put your strategy to light? I'm sure it took you years and years to collect such generously paying dividend stocks, but I am curious as to how you have so many and how you found the right ones that pay so frequently? I can't be the only one wondering... (or maybe I am and i'm just totally ignorant compared to everyone else).
 
I actually have some equities in my oceanic account that don't pay any dividends - but plenty of my wall flowers do pay a dividend. Yes, it has taken years to build my base and collect my dividend income. All my dividends are reinvested at this point - somewhere into the future they will be used to support my lifestyle and old age. Most dividends are paid 4 times per year and some pay monthly - so I'm always buying a wall flower no matter the investing environment. There is a huge cash hoard that allows corporations to boost their dividend payouts and stock buybacks, which help lift share prices. An income stream does not fluctuate like capital gains do and are taxed at 15% - part of my long term planning.
 
My latest dividend increase announcement comes from Clarcor (CLC) paying October 18 going from 13.5 cents per share to 17.0 cents per share. It all adds up when you compound the dividends. The sweet thing about dividends is you get to dollar cost your purchases through out the year.
 
Great info. So when you decide to purchase a wallflower, do you take the more conventional method and do technical and fundamental research or do you ever just purchase on a hunch due to common bearish sentiment (i've noticed that you are sort of contrarian). Just wondering how you see potential in a position when everyone else looks past it.
 
Last edited:
I make my purchases from years of accumulative knowledge - these companies have been around a long time. Also my investment adviser, Mindylou, has a certain feline intuition and often makes up my buy list. She's a lot my informed than any technicals. I am a renegade contrarian and that is one reason I'm buying coal stocks. I am a long term buy and hold investor but you need a certain amount of spill money for that approach.
 
cojo1988 said:
Great info. So when you decide to purchase a wallflower, do you take the more conventional method and do technical and fundamental research or do you ever just purchase on a hunch due to common bearish sentiment (i've noticed that you are sort of contrarian). Just wondering how you see potential in a position when everyone else looks past it.
Click to expand...

Birchtree said:
I make my purchases from years of accumulative knowledge - these companies have been around a long time. Also my investment adviser, Mindylou, has a certain feline intuition and often makes up my buy list. She's a lot my informed than any technicals. I am a renegade contrarian and that is one reason I'm buying coal stocks. I am a long term buy and hold investor but you need a certain amount of spill money for that approach.
Click to expand...
Translation: "My cat poops on the business section, and I buy what she poops on." In other words, it don't matter. When stocks go up, they all go up. :nuts:
 
Caught #121 for dividend increase announcements today from Kraft Foods Group - paying $0.50 and going to $0.525. I have 4 dividends due today at golden prices. No pain no gain.
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk AutoTracker Insights: TSP Investors Lock in Gains
Replies
1
Views
739
tsptalk
tsptalk
tsptalk
Problem with IFTs on Monday morning
Replies
3
Views
377
FireWeatherMet
FireWeatherMet
tsptalk
  • Article Article
The winning streak finally ends as stocks dip to start the week
Replies
0
Views
197
tsptalk
tsptalk
J
TSP beneficiary question
2
Replies
25
Views
1K
nasa1974
nasa1974
tsptalk
  • Article Article
If there is a wall of worry out there, stocks are clearly still climbing it
Replies
1
Views
147
nasa1974
nasa1974
Back
Top