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

To: Thehammer who wrote (34123)	9/8/2022 11:55:54 PM
From: Elroy	1 Recommendation Recommended By Thehammer Read Replies (2) \| Respond to of 34328

my basic point was that caution is warranted. There's no "caution warranted" in fertilizer maker MLP UAN. It's going to pay more than $40 in distributions in 2023, and it costs $130 today. That's a no brainer "buy", it is not a cause for caution. We got historical fertilizer volumes that UNA sells each quarter, and we got future UAN fertilizer prices on the Chicago Mercantile Exchange. And fertilizer prices are rising. And things are heading toward long term high fertilizer prices. Anyone who wants above average cash distributions, and a very high yield, with very very low risk, from a real world company in a necessary industry (who doesn't like food production!?), should own UAN.

To: Thehammer who wrote (34123)	9/9/2022 11:25:34 AM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

I don't think I took it the wrong way, or denied the market could fall more. A year ago as the market was hitting new highs, buying preferreds instead of looking to buy an "undervalued" dividend growth stock, was caution. Don't pretend to know when a pullback would happen, or the depth, but pretty sure anyone who has been in the market any length of time, knew it would come. I'd be curious how others use caution, or if they do. What would you say an investor like David Van Knapp should do as far as caution? Where does caution fit with DGI? I think he does a great service. He prides himself on buying "undervalued" dividend growth stocks. His only defense lately is to sell some lower yields for higher yields, and step out to some extremely high yield with some QYLD. When the market really left him in the dust, he said it was because of the FANG stocks and a few other tech stocks were going crazy. Now that they have fallen big, he still hasn't caught up. He has more income than he had last year, which evidently makes him a winner, although once again, he could buy more income if he had invested in SPY. Jmho, and regardless how long it takes, when the market recovers, he is going to need binoculars to see it, and it will be even more obvious he should have just bought SPY. For the record, end of August: DVK $168,315 SPY 3986