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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (13368)	12/11/2012 8:58:57 PM
From: rnsmth	Read Replies (2) \| Respond to of 34328

I am thinking about KRFT, GE, CVX, and maybe adding to OHI - maybe 2 of the 4. WM is most likely a goner in my portfolio - I am up 5.75% on share price and have gotten one divvie since buying it in July. Would rather part on good terms :-)

To: chowder who wrote (13368)	12/11/2012 10:15:30 PM
From: Steve Felix	1 Recommendation Read Replies (2) \| Respond to of 34328

Just some thoughts on WM which I also have in both my girls accounts. You have to eat, but you don't have to have garbage pick up. On the other hand we make more and more of it. Don't really follow Buffet, but recall at least it was one of his holdings. Credit Suisse from November: "What to do with RSG shares? Hold on to what you own if you’re extremely patient and can wait for a housing recovery to take hold and for management to re-establish credibility after a few choppy quarters." RSG went eight quarters in a row at .19 but worked it out to show an increase yoy. Starting in 2008: .72 .76 .77 .82 .94 Payout ratio was 195% in 2008. S+P shows 2008 PE low of 49. We all like to think we can see the future, but we can't. Selling on the one cent raise would have since missed raises of 6.5% and 14.6%. Again I can't see the future but things should look up on a recovery: S+P "2013 Free Cash Flow. WM said that 3Q12 marked the trough in free cash flow and that 2013 free cash flow could easily be $1bn+ (2012 free cash flow of $850mm) excluding asset sales." I'm not going to out think myself having this in my girls accounts. They are getting a nice rate reinvested, and they have time. Besides garbage, recycling, waste to electricity, switching trucks to ng, etc., Waste Management seems to always have something new going on: "We expect the Waste Management/Abtech partnership will grab significant market share in the municipal storm water sector over the next 3-5 years. In addition to being the only entity currently capable of offering a "Design, Build, Operate and Finance" solution for municipalities, the partnership offers municipalities a number of advantages that should not be overlooked." seekingalpha.com finance.yahoo.com