tag:blogger.com,1999:blog-5232481098066200105.post2338249233254002190..comments2024-02-21T05:09:47.829-05:00Comments on Compounding Income: New Purchase - LOCompounding Incomehttp://www.blogger.com/profile/04207986983526689578noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5232481098066200105.post-3809902311063866232012-10-22T06:08:26.084-04:002012-10-22T06:08:26.084-04:00Hmm there are a number of companies looking attrac...Hmm there are a number of companies looking attractive at the moment. I don't know if I'll buy something else this month or not though.<br /><br />I think a fair price on LO is around $125. Paying less than that is even better! I'm feel I own enough tobacco for now. There are certainly are risks with these stocks. Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-34033976574859227382012-10-22T06:03:08.935-04:002012-10-22T06:03:08.935-04:00Yeah it would be almost impossible to start a new ...Yeah it would be almost impossible to start a new premium brand. One thing I like about LO is that they are attempting to piggyback off their menthol brand into the regular cigarette space. Since people already know Newports are the best menthols around I think the strategy might work. Brand recognition. I don't see Newport red being as popular as Marlboro or Camel though. That's asking too much!Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-4765881505796753752012-10-22T05:59:11.643-04:002012-10-22T05:59:11.643-04:00I think I'll be happy with the LO purchase, lo...I think I'll be happy with the LO purchase, lots of people smoke 'Ports.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-37282729317424165602012-10-12T20:25:45.859-04:002012-10-12T20:25:45.859-04:00CI,
Great buy here. We're on the same wavelen...CI,<br /><br />Great buy here. We're on the same wavelength on this one! <br /><br />It looks like we could have gotten in at a better price, but that's not really what dividend growth investing is all about. It's not about catching the absolute bottom of the market, or individual stocks, but rather it's about buying quality on a value proposition and holding for the long-term while reinvesting your dividends which further speeds up the compounding effect. <br /><br />I dig LO here. I'm loaded up on tobacco now so it'll be on to different pastures next month for sure. Can't wait to see your watch list updates! I'll be watching from the sidelines until November, but if something really screams at me I'll buy. <br /><br />Best wishes. Dividend Mantrahttp://www.dividendmantra.comnoreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-22191416162458225042012-10-12T09:16:31.533-04:002012-10-12T09:16:31.533-04:00I would buy more cigarette stock if it wasnt such ...I would buy more cigarette stock if it wasnt such a large position in my portfolio already. Cigarette makers are basically mini-monopolies now, thanks to governement meddling which bans advertisement. If you and I wanted to start a cigarette company, how would we advertise our product and take away market share? It would be impossible. Thats why these companies are all good investments, if you have compunction against owning these 'sin' stocks. High Yield Soldierhttps://www.blogger.com/profile/12017125777528997648noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-22572428903749813192012-10-11T09:52:54.945-04:002012-10-11T09:52:54.945-04:00I agree -- nice purchase. While I am not currently...I agree -- nice purchase. While I am not currently looking to add another tobacco stock to my portfolio, if I were, then I would probably go with LO.Dividend Growth Machinehttps://www.blogger.com/profile/13304571550687216360noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-44860806671481418482012-10-11T08:58:24.695-04:002012-10-11T08:58:24.695-04:00I agree with that assessment. I think I have enou...I agree with that assessment. I think I have enough tobacco stocks for now, but we never know when an opportunity will present itself.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-35472365394322405872012-10-11T06:31:50.924-04:002012-10-11T06:31:50.924-04:00Nice Purchase. LO is at the top of my watch list ...Nice Purchase. LO is at the top of my watch list currently. I have a limit order on it that may get filled Thursday morning. I've been looking for another tobacco stock to compliment my small MO position and this one seems to be the most attractively valued. All About Interesthttps://www.blogger.com/profile/13412467028446944315noreply@blogger.com