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Old 01-21-2009, 01:14 AM   #1
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PG..........

Looking at Proctor and Gamble. No showing as much weakness as other stocks. I am looking to accumulate in the $54-$55 range if it hits there.

This market is not for the faint of heart, but I have had success with PG over the years...........
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Old 01-21-2009, 01:33 AM   #2
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PG is one of my largest holdings. Excellent balance sheet, very consistent earnings and dividend growth, a long history of good capital management. I am very comfortable with this stock.
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Old 01-21-2009, 08:15 AM   #3
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Yes, another lover of PG here. I've had it for years....
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Old 01-21-2009, 08:32 AM   #4
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Looking at Proctor and Gamble. No showing as much weakness as other stocks. I am looking to accumulate in the $54-$55 range if it hits there.

This market is not for the faint of heart, but I have had success with PG over the years...........
Hard to argue with it's track record. How about Kraft? Nice dividend.

KFT: Summary for Kraft Foods, Inc. - Yahoo! Finance
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Old 01-21-2009, 08:50 AM   #5
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Hard to argue with it's track record. How about Kraft? Nice dividend.

KFT: Summary for Kraft Foods, Inc. - Yahoo! Finance
Remember how Peter Lynch went to the mall with his daughter and wife and found stocks he researched and looked to buy?

I used to own a LOT of MO, when they spun Kraft off I trimmed the MO and balanced it with Kraft.......
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Old 01-21-2009, 09:19 AM   #6
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Remember how Peter Lynch went to the mall with his daughter and wife and found stocks he researched and looked to buy?

I used to own a LOT of MO, when they spun Kraft off I trimmed the MO and balanced it with Kraft.......
You might want to sell MO. I own some. Probably going to buy a little KFT too.
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Old 01-21-2009, 10:39 AM   #7
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You might want to sell MO. I own some. Probably going to buy a little KFT too.
I should, but my cost basis is $3.00. Probably after Obama is done, my cost basis will equal the value of MO..........
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Old 01-21-2009, 11:45 AM   #8
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I should, but my cost basis is $3.00. Probably after Obama is done, my cost basis will equal the value of MO..........
Cost basis of $3 in MO? Boy, you have owned for a long time. Looks like the last time it was in that range was around 1985.

MO: Summary for Altria Group Inc - Yahoo! Finance
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Old 01-21-2009, 11:48 AM   #9
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Cost basis of $3 in MO? Boy, you have owned for a long time. Looks like the last time it was in that range was around 1985.

MO: Summary for Altria Group Inc - Yahoo! Finance
I think that chart might not adjust for the spinoff of Kraft or PM.

Ha
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Old 01-21-2009, 12:56 PM   #10
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You might want to sell MO. I own some. Probably going to buy a little KFT too.
What happened to "I'm 100% out of the market forever?"
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Old 01-21-2009, 01:16 PM   #11
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Hard to argue with it's track record. How about Kraft? Nice dividend.
I know WEB likes it, but I look at it every few weeks and see $20B in debt and $2-3B in profit and I stop thinking about it. I know all the food processors and consumer product companies carry a fair amount of debt, but KFT is on the high end of the range for those sectors.
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Old 01-21-2009, 07:23 PM   #12
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What happened to "I'm 100% out of the market forever?"
I never said I sold all my stocks. I said when I recoup most of my losses, I will go 100% cd's. Long way from there. Maybe never.

KFT is a pretty defensive stock and a 4% dividend is not bad. I owned it last year and sold it for a 15% gain. Probably my only bright spot for the year.
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Old 01-21-2009, 08:18 PM   #13
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I know, just ragging on ya. I'm glad to see you not banging your head and guzzling cheap brews.
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Old 01-21-2009, 08:24 PM   #14
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I know, just ragging on ya. I'm glad to see you not banging your head and guzzling cheap brews.
I've cut down on the head banging.....but still taking my med's.
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Old 02-02-2009, 10:40 AM   #15
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Well Proctor and Gamble is having a rough year so far and today has fallen to where it now pays slightly more than 3 percent as a dividend.

As this is as cheap as P&G in quite a while it sure is tempting to buy, but I will still hold out for $45.75 for a 3.5 percent yield. It would still not surprise me if the holy trinity of the DJIA (PG, KO, JNJ) all fell eventually to a 5 percent yield, but these are among the most reliable of dividend payouts available in the stock universe.
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Old 02-04-2009, 10:09 PM   #16
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Well Proctor and Gamble is having a rough year so far and today has fallen to where it now pays slightly more than 3 percent as a dividend.

As this is as cheap as P&G in quite a while it sure is tempting to buy, but I will still hold out for $45.75 for a 3.5 percent yield. It would still not surprise me if the holy trinity of the DJIA (PG, KO, JNJ) all fell eventually to a 5 percent yield, but these are among the most reliable of dividend payouts available in the stock universe.
You may be right on PG. Down to $52.5 today. KFT down almost 10% today. No place to hide in stocks.
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Old 02-05-2009, 12:57 PM   #17
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You may be right on PG. Down to $52.5 today. KFT down almost 10% today. No place to hide in stocks.
Time to buy beer..........
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Old 02-05-2009, 03:59 PM   #18
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Proctor and Gamble is really just a dividend hold. Over the long run the dividend should grow a little faster than inflation. I view this as a corporate I-bond+ stock not tied to the CPI but a truer growth of the economy dividend. Purchasing at a reasonable price means as long as the dividend is secure, and that certainly is true for P&G right now price movement should really be a non-issue. Based on what I can remember of your portfolio draw the P&G dividend at 3 percent should be above your withdrawl rate of your overall portfolio.

If I owned it right now I certainly would not sell, but the day it hits 3.5 percent yield, if it does get there, I am buying.

However I think Finance Dude's suggestion is also always appropriate as well.
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Old 02-05-2009, 04:19 PM   #19
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Proctor and Gamble is really just a dividend hold. Over the long run the dividend should grow a little faster than inflation. I view this as a corporate I-bond+ stock not tied to the CPI but a truer growth of the economy dividend. Purchasing at a reasonable price means as long as the dividend is secure, and that certainly is true for P&G right now price movement should really be a non-issue. Based on what I can remember of your portfolio draw the P&G dividend at 3 percent should be above your withdrawl rate of your overall portfolio.

If I owned it right now I certainly would not sell, but the day it hits 3.5 percent yield, if it does get there, I am buying.

However I think Finance Dude's suggestion is also always appropriate as well.
Yeah, I'm just watching it for now. Maybe I should look into buying some pharmaceutical companies like Coors or Bud.
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Old 02-05-2009, 04:23 PM   #20
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Bud never got cheap enough for me, but I got a good buy on Diageo not too long ago. And their beer is better too!
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