Use access key #2 to skip to page content.

afewgoodstocks11 (26.05)

Thinking of closing and reopening a few stocks

Recs

5

October 29, 2013 – Comments (7) | RELATED TICKERS: KO , MCD , WPZ

Or maybe just closing some. Anybody have an opinion on these??

This portfolio is an experiment with dividends and caps. My goal is to have nearly all dividend stocks that slowly lower their start price and eventually are returning outlandish dividends. Many of my picks are returning  7-10%+ already.

I've done fairly well, considering that this wasn't my original plan with this portfolio, and i made a few mistakes early. I've also let myself be tempted a few times into foolish speculative picks. But overall i am fairly satisfied.

To "rebuy" by closing and opening while they are so low to the S&P: MCD, KO, BP, CAT, WPZ, DE.....etc

To just close because they will not probably never outperform: TC, LIWA, ARLP, EWG, MOO....

 

Of the stocks mentioned above, i am mostly commited to keeping KO, and BP because i already have such a low start price that the dividends are starting to compound.

TC and LIWA i kept around to see if they would recover.... but so far, no.

MCD and MOO i need to reopen now or i will become commited to them....

WPZ, DE and CAT are some of my main considerations for rebuys to  aqcuire them at nice price/S&P.

 

 EWG IS OF REAL INTEREST RIGHT NOW because it is at a high and it might just be a fairly good time to exit.

 

Thanks in advance for any banter or sharing that you might have time to send my way. I'm also interested in any dividend play picks you fools are able to suggest.

 

 

 

7 Comments – Post Your Own

#1) On October 29, 2013 at 9:58 AM, afewgoodstocks11 (26.05) wrote:

BP beat earnings i think, and raised dividend. So i am going to hold.

Report this comment
#2) On October 29, 2013 at 10:20 AM, Schmacko (55.25) wrote:

For the most part picking low beta dividend paying stocks is a losing strategy in CAPS.  Doesn't mean it's not a good real life strategy, its just not going to bring in big CAPS points.

If you decide to follow this strategy prepare for a long holding time frame.

Report this comment
#3) On October 29, 2013 at 10:50 AM, afewgoodstocks11 (26.05) wrote:

This account is a long time frame portfolio.

I am sure you are right in the short  term, but as these picks lower their start price the div percent increases. In a few years many will be bringing 10-20% a year, even during market correction.

 

 Time will tell.

 

 

Report this comment
#4) On October 29, 2013 at 2:08 PM, afewgoodstocks11 (26.05) wrote:

closing TC on a downgrade.

 

Holding LIWA on an upgrade and cash per share. 

Report this comment
#5) On October 29, 2013 at 4:11 PM, afewgoodstocks11 (26.05) wrote:

Rebuy on WPZ with an upgrade and news of increased NG use (WPZ holds %14 of US market share), as well as another dividend hike.

Yahoo PE 17 is a bit high for me, but revenue seems to be back on the rise.

Report this comment
#6) On October 29, 2013 at 10:58 PM, Mega (99.96) wrote:

If you end a pick and restart it at a lower price you're making a trade-off in terms of score versus accuracy. If you're trying to optimize your CAPS score I guess the cutoff might be around 30%. I wouldn't repick BP which is only lagging the S&P by 20%. The others, maybe.

CAT is a good company but the mining equipment outlook over the next few years looks pretty weak.

Report this comment
#7) On October 30, 2013 at 12:42 AM, afewgoodstocks11 (26.05) wrote:

I would kinda like a caps score, of course. So far my accuracy seems to be slowly climbing, but since I am in a long term hold scenario there is only so much closing possible.... I have noticed that if your accuracy is above 60 and your points are positive and growing then you can get an allstar, which would be nice...eventually.

Thank you for your advice. I was thinking the same thing about CAT.

Report this comment

Featured Broker Partners


Advertisement