10 High Yield REITs: Do the Yields Justify the Risk?

When I first entered the investment business, a mentor taught me that there were really only two ways that an investor could position their portfolios; they could either act as owners or they could act as loaners. Owners typically invested in equities and were therefore owners of the underlying asset class they invested in. Loaners, Read more about 10 High Yield REITs: Do the Yields Justify the Risk?[…]

High Yield Royalty Trusts: Enticing, But Not Necessarily for Retirement Portfolios

As our population ages, the quest for income to fund retirement has never been greater.With interest rates at or near all-time lows, the traditional fixed income option does not provide enough yield to meet the needs of most people desirous of living off their portfolio income.Consequently, investors are compelled to search out alternative options. Royalty Read more about High Yield Royalty Trusts: Enticing, But Not Necessarily for Retirement Portfolios[…]

Are MLPs a Good Choice for Conservative Dividend Investors?

The primary focus of this series on how to know when and why to buy a stock has thus far dealt primarily with traditional operating companies. In this fourth installment we will alter our focus as we look at master limited partnerships (MLPs). One of the big advantages that a publicly traded common stock has Read more about Are MLPs a Good Choice for Conservative Dividend Investors?[…]

Why Our S&P 500-at-1254-Before-2011 Forecast Still Stands

On September 5, 2010 we published an article on Seeking Alpha that suggested that the S&P 500 would reach 1245 by year end. This forecast was based on the S&P 500 trading at its 80 year historical normal PE ratio of 15 and a consensus earnings forecast for calendar year 2010 of $82.98. Below is Read more about Why Our S&P 500-at-1254-Before-2011 Forecast Still Stands[…]

7 Attractive Dividend Aristocrats Proving the Wisdom of the Masters

When I entered this business 40 years ago, it seemed reasonable to me to study how the best investors behaved. The two investing masters that I respected the most were Peter Lynch and Warren Buffett. If I was going to be of value to others, it only made sense that I learn as much as Read more about 7 Attractive Dividend Aristocrats Proving the Wisdom of the Masters[…]

26 Dividend Paying Utility Stocks

Moderate to high dividend yield has long been the prime attraction for investors in electric utilities. The fact that electric utilities provide essential services is a plus and a negative at the same time. The plus is, as perceived at least, recession resistance that implies stability. The negative is heavy regulation that stifles growth potential. Read more about 26 Dividend Paying Utility Stocks[…]

When and Why to Buy or Sell a Stock (Part 1 of a Series)

Introduction The two most important questions that investors in common stocks want answered are: When to buy, and when to sell? Unfortunately, we don’t believe that perfect answers to either question are possible. There are sound answers, prudent answers, and intelligent answers – but no perfect answers. On the other hand, there often exist very Read more about When and Why to Buy or Sell a Stock (Part 1 of a Series)[…]

Why Buy and Hold Will Always Be a Sound Investing Strategy

It seems like the debate regarding the merits of the “buy-and-hold” investing strategy is alive and well. We always find these discussions amusing, because we believe that it is such a pointless discussion. There is no general argument or case that can be made to support the buy-and-hold strategy or to negate it. The only Read more about Why Buy and Hold Will Always Be a Sound Investing Strategy[…]

Not All Dividends Are the Same, Even When They Are

Introduction The better informed the investor is, the better the investment decisions they can make. But being an informed investor can be a very arduous task, and some would even say that conducting research on common stocks is a real snoozer. Poring over mounds of financial data and trying to piece this information into meaningful Read more about Not All Dividends Are the Same, Even When They Are[…]

Larry Ellison: Oracle’s Profit Oracle

There are many adjectives that can be used to describe Larry Ellison, the charismatic leader and founder of Oracle Corp (ORCL). Detractors could call him brash, arrogant, rude and perhaps flamboyant. Fans would describe him as candid, forthright and straight to the point, brave and not afraid to speak his mind or tell it like Read more about Larry Ellison: Oracle’s Profit Oracle[…]