David Stockman writing in the New York Times - Page 2 - TigerDroppings.com

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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
24251 posts

re: David Stockman writing in the New York Times


quote:

you guys sit on cash and grow your money at -4% annually waiting for the bubble to burst, I'll stick to dividend growth investing and when the next crash happens, which it will, I will collect more shares on my dividends, and I will buy even more shares with the cash I have on hand.


I think the point is, is to to make sure your portfolio is diverse yet nimble. That is, take advantage of expanding bubbles and mitigate losses in bursting bubbles. My take on Stockton comments is that we need to look for Fed warning shots to put more of our assets into cash as the Fed winds down its bond buying program in allocations that are suitable for your level of risk.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: David Stockman writing in the New York Times


Ok so you're advocating chasing the hot dollar....

I advocate dividend growth investing which is buying companies that have grown payouts every year in the past 20+ years and I sleep like a baby at night, and if a crash happens....AWESOME my dividends buy me more shares and I get an amazing buying opportunity.....the only people panicking right now are people with stocks at all time highs with no dividend and no level of cushion to fall on.....ie Amazon,priceline, tesla stock(up 21% today)....a crash wipes out ALL EARNINGS

a slow but steady approach with just 4 or 5 companies like coca cola,mcdonalds,phillip morris,chevron, and conoco would yield you about 4% a year and a beta under 1.....more importantly its defensive enough to crash not nearly as hard as a portfolio of facebook,amazon,etc......and the dividends will continue to be paid and grow at 10% a year on average for the entire portfolio






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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
24251 posts

re: David Stockman writing in the New York Times


There are an infinite number of investing strategies and it seems you have found one that suits your risk level and timeline. Good luck and may you reach your financial goals, seriously.





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: David Stockman writing in the New York Times


Thanks gumbpot....bottom line....funny how stockman predicts all this doom and gloom THE DAY OF HIS BOOK RELEASE....look we all know the US is in trouble, so what, invest or get killed sitting on cash





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CourseyCorridor
TBD Fan
Baton Rouge, La.
Member since May 2012
1994 posts

re: David Stockman writing in the New York Times


quote:

a slow but steady approach with just 4 or 5 companies like coca cola,mcdonalds,phillip morris,chevron, and conoco would yield you about 4% a year and a beta under 1.


Most of my portfolio. Did not lose much, if anything, between 2007-09 and continue to








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