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

To: JimisJim who wrote (30377)	1/14/2019 5:24:22 PM
From: robert b furman	Read Replies (1) \| Respond to of 34328

Hi Jimi, I don't think we even disagree. I also think we have barbell approach - which I have to HAVE TO HAVE! I do have 2 semi equip's I just know and believe in. They are dominant within their addressable market niche, mostly unknown, fortress balance sheets with in their business and next to no debt. In both cases they have had major acquisitions and must prove their selective expertise in blowing a wad of cash adding shares and some debt - small, but always before never any debt. This time, I believe they know they must consolidate their global market. I'm hopeful it is of the quality of KLA and Tencor, KLAC, Amat,and Varian, AMAT, Lamm Research and Novellus, LRCX. Those companies that merged to gain synergy vs. exist to compete and cut margins are out performing those not consolidating. The sector has been in existence now for decades. There is now a global installed ownerbase (which is most profitable when scale has been reached), that must be served and since a rep is either in town or in fab, most fabs like fewer and closer reps - in fab = the best! Lower down time when an hour is millions at the least! I know the people in one (Cohu) and really like the public view of management in Brks. Then the usual Dividend Aristocrats, and you are a bit more willing to duck under in the yield, and I try to catch a div Aristocrat in a dip to a 3-4 year low plus the dividend. Then I do 1/3 position, if it hits a new low another 1/3 (watch it for very oversold and take a chance on doubling down). If the last several q's show a turn working, snag another in the peak of ridiculousness low price and hope like heck you just didn't screw up. Hopefully in 2-3 years you have received a cushion in which to be comfortable about. That's the plan, I can't prove it, but I'm sticking with it!! <smile> Bob