bmneveu's Account Talk

[bmneveu]

100% G Fund today. Was majority F fund for most of the summer. That didn't work out well. Bonds are moving with Equities and I got a feelin' it's all goin' down a little further. Also moving to safety while I deploy for a few months. Maybe I'll get back in time to buy the bottom

 

[bmneveu]

well im back and it looks like i missed even more gains. i think ill buy the next dip, if there ever is one. i definitely need to get in before the santa rally.

i spent a little time today filtering some dividend picks for a long term strategy. all of these guys have dividend yields over 3% (i threw in a few just under that have an exceptional DGR), have increased their payout yearly for at least 10 years, and have double digit dividend growth rates:

Champions (25+ yr streak increasing dividend payout): AWR, CVX, XOM, MCD, TGT, WAG
Contenders (10+ yr streak): ARLP, COP, CBRL, GIS, GEL, HRS, HAS, INTC, LMT, LYBC, MDP, NTT, NU, SRE, SXL, WMB, WEC.

next ill take a look at their fundamentals to see which might have an attractive valuation to buy even while the market's at an all time high.

 

[law87]

well im back and it looks like i missed even more gains. i think ill buy the next dip, if there ever is one. i definitely need to get in before the santa rally.

i spent a little time today filtering some dividend picks for a long term strategy. all of these guys have dividend yields over 3% (i threw in a few just under that have an exceptional DGR), have increased their payout yearly for at least 10 years, and have double digit dividend growth rates:

Champions (25+ yr streak increasing dividend payout): AWR, CVX, XOM, MCD, TGT, WAG
Contenders (10+ yr streak): ARLP, COP, CBRL, GIS, GEL, HRS, HAS, INTC, LMT, LYBC, MDP, NTT, NU, SRE, SXL, WMB, WEC.

next ill take a look at their fundamentals to see which might have an attractive valuation to buy even while the market's at an all time high.

How do you look for these, what parameter on google finance? I always wonder how people pick these

 

[bmneveu]

The lowest P/Es of that bunch are:

LYBC has a P/E of 8.73, but has a tiny market cap and almost nonexistent trade volume. ill skip it
NTT has a P/E of 9.5, but it's a telecom in Japan that I don't know much about. market cap is $61B though, so it's no small fry.
Chevron (CVX) is sitting at 9.8. Intriguing.
XOM 11.16 Exxon might get beat out by competitor Chevron's lower P/E and higher yield.
ARLP 11.53 Another oil play. It's only $3B market cap, but the dividend is over 6% and the chart looks good to me.

I like NTT, CVX and ARLP the most from this list i think.

How do you look for these, what parameter on google finance? I always wonder how people pick these

if you google search 'dividend champions', you will find lots of sites that track these kinds of stocks. i just sifted through a list on a random site and plucked the stocks that met my requirements.

 

[bmneveu]

What do you guys think of this?



Could make 4-5% playing that channel. Also has a consistently growing 3.5% Div Yield.

 

[bmneveu]

I think I'll dip my toe in today before the deadline. Everyone's been splashing around all year and I'm getting jealous.

 

[bmneveu]

IFT 50% L2050 50% G

 

[JTH]

IFT 50% L2050 50% G

Is that your blog?

 

[bmneveu]

Is that your blog?

Oh in my signature, yea. I was working on that earlier this year but stopped a few months ago when i started working up to a deployment. I might change the angle of it and get back to it eventually.

 

[bmneveu]

I'd be up half a percent already if my IFT had gone through right away. Instead I'll get higher prices at COB this afternoon.

 

[bmneveu]

Back to back IFTs! Today I'm adding in another 25% to the L2050 fund to make it 75% L2050 & 25% G.

Also, new blog post(s) coming in the next few hours.

 

[bmneveu]

ARLP bottled up and broke out to the upside.

 

[bmneveu]

New post over at the blog (in signature) talking about picking dividend stocks for your long-term portfolio.

 

[bmneveu]

Getting ready to shoot up to the top of the channel again?

 

[bmneveu]

Another new post over at the blog. This one is about investing in loans at LendingClub.com

 

[law87]

Another new post over at the blog. This one is about investing in loans at LendingClub.com

very interesting, which "loan grade" are you loaning?

 

[bmneveu]

very interesting, which "loan grade" are you loaning?

My main filters are as follows:
Loan Grades C, D, E and F (no A/B because profit is too low and no G because default risk is too high)
No delinquencies in the last two years
No public records on file

That narrows the list of thousands down to less than 15 usually. From there, I look at the profiles and determine which I'm most comfortable with, aka which I think have the smallest chance of defaulting. For example, I just did this search right now and found a 14.3% rate for 60 months for someone who's held the same job for over 10 years, has debt-to-income of less than 15%, has a credit score over 745, lives in a rather rich area, but with a very high income. That sounds about as solid as they come. I'd take that one now if I had anything in cash, but I'm fully vested right now. Other investors feel the same way, as this loan is 91% funded already on it's first day being posted.

 

[bmneveu]

Getting ready to shoot up to the top of the channel again?

View attachment 25858

hey look what happened here!

 

[bmneveu]

McDonald's in a bear channel?

 

[bmneveu]

Bought TZA after-hours @ $19.96. I do not plan on being in this position for long.