Retirement Strategy: One For Income, One For Growth, Both For My Retirement Portfolio

If you can find a stock that can provide a great dividend right now and probably increase its dividend for years to come, you might want the stock in your retirement portfolio, right? Obviously I am right, and that is a silly question.

On the flip side we have our growth investors always looking for capital appreciation either in the near term or the long term. If those folks can find one that is ringing a big fat bell that its share price will rise, growth investors will pay attention, I think. I could be wrong, of course, but I don’t think so.

Now let’s wave a magic wand and find 2 stocks that are literally screaming for all types of investors to look at them and perhaps build a retirement portfolio around them, right this minute. Folks I believe we have a match made in “portfolio heaven”: AT&T (T), and Bank of America (BAC).

The Following Facts Cannot Be Disputed

I realize that there are plenty of issues to point to with both of these stocks that have been written about ad nauseam, such as the T debt load and relatively high payout ratio, and the widely held disdain for BAC and its history with Countrywide, the mortgage and housing crisis, as well as the beating its share price took that crippled many investors’ portfolios. However, there are some irrefutable facts that should grab everyone’s attention

AT&T

  • The current dividend yield is 5.82%
  • T is a dividend aristocrat.
  • For every 100k invested right now in this stock, the income produced would be about $5,820 annually. There is NO other dividend aristocrat that can match this one.
  • The share price has dropped to 52-week lows.

I will defer to those folks who refuse to see T for what it is – a pure income investment for now – and agree that the company has debt issues that should not be ignored. What always seems to be lacking by the “negative nabobs” is how this company will be transformed when the merger of Time Warner (TWX) is completed by the end of the year. Here is a peek:

Time Warner beat expectations with Q3 earnings with broad gains, where HBO saw its highest quarterly growth in 13 years and Turner Broadcasting added subscriber strength.

Revenues grew 6% overall, and adjusted operating income was up 13% to $2.3B with support from all divisions.

HBO revenues grew nearly 13%, helped no doubt by the record seventh season of hit series Game of Thrones, which due to a delay fit entirely in Q3 this year.

Revenue by segment: Turner, $2.77B (up 6.1%); Home Box Office, $1.6B (up 12.6%); Warner Bros., $3.46B (up 1.7%).For the first nine months, cash from continuing operations hit $4B (up 12%) and free cash flow came to $3.6B (up 8%).

It reaffirmed its full-year outlook, expecting adjusted operating income to rise in the high single digits (exclusive of any merger effects or costs tied to the AT&T acquisition).

For Q4, it’s expecting steady subscription growth from Turner, with ad revenues increasing low single digits and operating income to “increase significantly.” HBO is expected to increase subscription growth but also see higher programming cost growth, with a net increase for operating income. Warner Bros. operating income is expected to decline due to the release mix (including last year’s release of Suicide Squad).

All of the above will be part of T’s balance sheet soon, and if you do not believe this will make AT&T a stronger, and more profitable company, then T is not for you and you are not for T. I happen to be a huge bull on T and have added even more shares personally just the other day.

Here is a chart to ponder:

Chart
T data by YCharts

To encapsulate: Dividend yield is up, forward PE ratio is down, the share price basically made new 52-week lows. These are facts. NOT opinions. Formulate your own, but mine is that T is a bargain, will continue paying and increasing its dividend, and will become a bigger and better company when the Time Warner deal finally closes.

Bank of America

  • BAC has become leaner in the last 6 years and is making a lot of money, both on the top and bottom lines.
  • Interest rates are on their way UP, even if it is a very slow trip, and that means greater profits and revenues on every type of loan for BAC.
  • The current administration has been loosening the reigns of banking regulations and is PUSHING for even greater relaxation (think Dodd-Frank) of all the rules.
  • The share price now has momentum and has been upgraded by various analysts to a “buy or strong buy”.

I will not make any social commentary on the long term affects that the economy might face if banking regulations are rolled back. Suffice it to say that all of us are living in the present, and jumping on an opportunity for right now is what matters for immediate needs and goals. Not the past, and not the guesses about the future. Right now, BAC should be considered for any type of portfolio, plus you get about a 1.75% dividend yield while you own it, which is about 3 times the bank’s regular savings interest rate.

Here is a chart to consider:

Chart
BAC data by YCharts

The share price has not completely rebounded, but it does have lots of momentum lately, and the price to book value is well off of the pre-crisis average of 1.60 (currently 1.16). Perhaps I am being overly optimistic to say that the stock has about a 40% upside over the long term (24-36 months), or about $40/share? OK, so I will be a bit more reasonable and put an optimistic share price of 20% over the next 2 years to about $33/share based on price to book value currently.

At the same time, the current dividend of .48/share annually is likely to be increased significantly in the near term, if for nothing else than to keep Warren Buffett continuing to hold his shares!

I have been “banging the table” on BAC since it was at about $22-$23/share and wrote this article about it at $24/share. I have just added even more several days ago to my personal account. Yes, I believe BAC will give me GROWTH.

The Bottom Line

For retired folks, and the younger investors just starting out, T and BAC seem to make sense to me right now for the “holy” grail of BOTH income and growth. I can almost visualize them as “bookends” for a retirement portfolio.

You might want to assess the risks of each, as well as your own risk tolerance. to see if these stocks could help YOU reach some financial goals.

Read, Decide, Invest (or not), it’s up to you!

Not To Bore You, But…

Knowledge is power and many folks shy away from the investing world because that very world makes it more confusing each and every day in an effort to sell you something: stock picks, technical strategies, books, videos, subscriptions with “secret ideas,” gadgets, and even snake oil.

My promise to you is that my work here will remain free to all of my followers, with the hope of giving to you some of the things that took years for me to learn myself. That being said, let me reach out to you with my usual ending:

**One final note: The only favor I ask is that you click the “Follow” button so I can grow my Seeking Alpha friendships. That is my personal blessing in doing this and how I can offer my experiences to as many regular folks as possible, who might not otherwise receive it.

Disclaimer: The opinions and the strategies of the author are not intended to ever be a recommendation to buy or sell a security. The strategy the author uses has worked for him and it is for you to decide if it could benefit your financial future. Please remember to do your own research and know your risk tolerance. The long positions held are based upon what the model portfolio holds and I personally could have held all of the stocks noted at one time or another.

Disclosure: I am/we are long BAC, T.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Photographers Computer Software

When you are a photographer or even just an amateur photographer, you will find that you need to have computer software to run your digital camera. Digital cameras often come with the computer software, which makes it easier to download the pictures you have taken as well as edit them. A photographer used to have to go into a dark room and edit photographs. Now computer software like Adobe Photoshop, Arcamax, and Photo Explosion help you to edit the photographs. While there are several different brands of cameras and photographers computer software one of the best on the market is Adobe Photoshop.

Adobe Photoshop has the most tools to manipulate photographs and make them the highest quality. You will need to have a tutorial on Adobe Photoshop computer software to learn everything about editing, but you will find that once you have the knowledge the program is the most user friendly. You can actually upload photos from negatives, from cameras, and from scanners. You will be able to edit out those little scratches or lint that were on the camera lens to make the photograph seem perfect. You can also fix the color of a photograph with photographer’s computer software. If you find that, the photo is washed out or a little dark in spots you can manipulate the color to eliminate the wash out or dark spots.Beat Making Software

When you are a professional photographer, you will want to have the best equipment out there. Adobe Photoshop normally runs $350.00 or a little more depending on the addition. If you are just an amateur photographer, you can find programs such as Arcamax or Photo Explosion for as little as $40. You will also find that most cheap digital cameras come with the computer software you will need to not only download pictures, communicate with the camera, but also to edit the photographs. . While this computer software is inferior to Adobe Photoshop, you will find the ability to change the colors of the picture if they are washed out or too dark, you will be able to smudge an area to remove problems, and you will be able to crop the photograph.database management software

Photographers computer software is designed to take you out of a dark room and away from film altogether. You will find that there are more than just the three software programs mentioned and most of them have the same tools. It will depend on the expense of the software as to how many tools you have and the ease of use. Adobe Photoshop has an easier way to enlarge photographs. You do have to understand pixels and resolutions for this to work, but you are able to manipulate the photograph from a 4×6 to an 8×10 and keep the resolution that you need. Instead of heading to a professional camera shop, you will be able to get the prints you need.

When working with photographers computer software you also have to keep in mind that the product is only as good as the printer you are using. There are also many different printers with photo capabilities. In order to get the resolution you need when you print you have to have a printer that is capable of that resolution. Often printers will also come with photographers computer software, which can make your life a little easier when you are just an amateur.nintendo 3ds for sale

Accessorizing Computers

What Comes Out of the Box is a Really Just a Starter Kit

Yesterday, we spent about three hours trying to convince a client of ours that brand new computers just don’t come equipped with the all things that most computers need in a PC. We tried to convince him that a fully functional computer is one that is personalized with specially selected hardware and software accessories – and that the computer purchased at the store doesn’t come with these things. Unfortunately, all of our convincing was to our avail. Our client insisted that he should never need more than what came with his boxed product and that we were just trying “bilk” more money out of him.

As computer consultants, it’s our job and mission to make sure our clients are 100% satisfied when they walk out our offices. But our job is unnecessarily made harder when people don’t take the time to learn about computer accessories and familiarize themselves with the limitations of store-bought computers. Hopefully by the time you finish reading this article, you’ll understand the lesson that we were trying to teach our client: “What comes out of the box is really just a starter kit.”Spy software

The typical computer package comes with a CPU unit, keyboard, mouse, and speaker set. That may be just fine for some, but most people require more than that especially in today’s “connected” society. Today’s users require full multimedia capabilities, a wide range of graphics tools, and accommodations for the various portables we now enjoy. These extras aren’t included with “what comes out of the box,” and the only way to get them is to accessorize.

To illustrate the importance of accessorizing, we like to use the “plain dough” analogy. Let’s say that a brand new computer is a batch of plain dough – waiting to be flavored and baked into something useful. If we want to use this dough to make a delicious batch of chocolate chip cookies, we would need to “accessorize” this dough with chocolate chips and a little brown sugar. If we want to use this dough into in a warm loaf of sesame seed bread on the other hand, we’d need to “accessorize” the dough with yeast and sesame seeds.

Like “plain dough,” the brand new computer isn’t very useful by itself. It needs accessorizing.

Depending on what’s needed, accessorizing doesn’t need to be expensive. In fact, you can get away with paying a minimal amount for extra software and hardware if these accessories are for children. It’s when these accessories are work requirements or when they’re needed to produce works of quality for any other reason that they can become rather expensive. And this expense applies to microphones, digital cameras, PDAs, scanners, video cams, and more.database management software

Regardless of cost, it’s important to understand that accessories can become “necessities,” and that the best time to get them is the moment you buy a new computer. Waiting too long to accessorize can cause more problems than necessary because while you wait, manufacturers continuously develop new technologies – technologies that your computer won’t be able to accommodate in the future. Once you’re ready to accessorize, the new products on the market are too advanced for your computer and they just won’t work. This is a typical problem experienced by those who want to use hardware designed for Windows Vista on a Windows XP or Windows 2000 machine.laptops buy

Protect Your Computer With Anti Virus Computer Software

In the computer age of today, anti virus computer software is perhaps the most important thing you can get for your computer. There are few things worse for people today, than the possibility that a virus may be transmitted to your computer, but if a virus harms or wipes out your hard drive, you are lost. This is not just an issue for people who do most of their work on computers, but for everyone. Indeed today, many people have sentimental files and photos that if they were lost would be gone forever. That is why it is important for everyone to have a good anti virus computer software program installed on his or her computer. Although the choices are many and some people may not know how to choose a program, there are different things you can do to decide which anti virus computer software is good for you.

The benefit of all these choices is that the competition for your business makes those that provide anti virus service work hard at what they do. In many cases, you can get free trials of many different types of anti virus computer software before choosing which software you want to go with permanently.

In looking at antivirus computer software, ideally you will familiarize yourself with the different threats out there that viruses can pose. Many sites and companies make indexes of different types of viruses and what they can do to your computer. There is also a myriad of sites available, which offer clear and concise information on the different anti virus computer software packages available to you. It can be daunting for those who are not familiar with computers, to try to choose which software is the best, but it is important to remember that with enough time and research, choosing good software does not have to be too painful. The benefits of choosing anti virus computer software for your valuable information far outweigh the time you spend in your research. Keystroke capture

There are different types of software that are aimed towards both businesses and personal computers. One of the first things to do when choosing anti virus computer software is to determine which type of software best fits your needs. There are familiar names for more popular software. Moreover, if you call the distributor of your computer they will also be able to suggest what software might be the best type for you. Do not be afraid to ask, not everyone spends all their time on a computer and there are people that can help you if you feel you are in over your head. Keylogger

Remember, just like everything else, practice makes perfect and the more time you spend familiarizing yourself, not just with the anti virus software but with your computer, the better you will be and the more computer savvy you will feel! Try to look at it as a fun project that can benefit you. You will be learning valuable information while at the same time acting proactively to protect your information from harmful viruses. Another great resource can be posting sites, where people ask and answer questions and get advice on all different types of computer and other information. This can be fun and can get you in touch with people all over the world. It is a way not only to learn but also to expand your global community!Beat Making Software

Most importantly, you must find a way and a program that works for you. Do your homework, and do not be too intimidated! In the end, you will end up with the protection you need as well as a little bit more information on computers and how they work. Everyone needs to start somewhere, and protecting your valuable information is a great place to start. Make sure you do it, there is nothing worse than finding you have suffered a loss that could have been avoided. Just take the plunge and try to enjoy yourself. The benefits are endless, as well as the possibilities.

Computer Software Training

Computer software training is essential in this day and age for anyone who is using a computer for more than just basic functionality such as word processing. In fact, it is recommended even for such tasks, as often times there are new methods that can be used to improve efficiency during your use of such software. Unfortunately, without some sort of computer software training, a lot of times these types of ‘shortcuts’ to improved efficiency are never learned. So, let’s take a few minutes to look at the various types of computer software training available to the computer user today.keylogger

One method that is very popular today is the hands on method of computer software training. While this very popular, there are a couple of different avenues that this particular method can be approached. One method is to hire a tutor. While this is probably the most direct and successful method, it can also be the most expensive. Tutors for computer software training usually charge by the hour, although you will gain one-on-one training and attention from the tutor during your class time together. Another popular method is to take a community class that may be offered by some group in your area. Often computer clubs, civic groups, and local schools may offer introductory computer software training that will allow for hands-on learning. However, these are often followed up by attempting to sell you on another class, book, etc.hiberfil.sys

Computer software training can also become hands-on when you have a video or other on-screen directions to guide you through the learning process. One such program that has become very popular over the last few years is the Video Professor. His program is seen all the time on late night TV infomercials and is now online as well. Offering introductory computer software training for free, he follows up with a variety of paid sales programs to get the most bang out of his advertising buck. There is nothing wrong with this, just as long as you know what you are getting into. This is one of the most appealing methods of computer software training because you can do the training on your terms and on your time, on the exact software subject of your choice.database management software

Probably the most simple, and the most cost effective method of computer software training is the most overlooked today. With almost each and every computer program that you purchase there are three types of documentation included in your purchase: the software manual, internal software help programs, and the online help program. Each of these is a mini computer software training course in and of itself. First you should read the entire program manual that comes with the software. This will contain many shortcuts and efficiency aiding devices that are built into the software. Next, you should take the time to read through all of the topics build into the software help program. This will be one of the best sources of computer software training for that particular version of software.Keystroke Capture

Last, but certainly not least, you will find the online support or help most effective in solving those few areas of troubled functioning you are having with the software. Perhaps there is a tough formatting issue that you are trying to solve. Oftentimes, availing yourself of the assistance of the online support forums can be the very best computer software training available. After all, it is from the people who actually wrote the software to begin with. You can’t get any better computer software training advice than that!laptops buy