The start of a new series. Does this company pass the asset and income test to count as 1042 Qualified Replacement Property (QRP)? And can it be included in an ESOP Rollover as part of a dividend growth portfolio? The… Read More
When shareholders of a closely held C Corporation sell their shares to an ESOP (Employee Stock Option Plan) and the ESOP owns 30% or more of the common stock the selling shareholders can do an ESOP rollover. With an ESOP… Read More
Why we trimmed Apple for a second time this year. How the short-term exuberance in tech stocks and specifically Apple went too far too quickly. How that was reflected in Apple’s current P/E ratio. Glenn breaks down what price or… Read More
At the start of June Apple’s market capitalization was $1.4 trillion. In 3 months, Apple added another $744 billion in market cap. And the bulk of that increase came within the last month. By July 28, Apple’s stock was up around… Read More
Listen Books The Behavioral Investor AMM Dividend Letter Vol. 1 AMM Dividend Letter Vol. 2 AMM Dividend Letter Vol. 3 Transcript Welcome to the 10th episode of the AMM Dividend Growth Podcast. I’m Glenn Busch a portfolio manager at American… Read More
Why did we trim Apple, Visa, and MasterCard in the AMM Dividend Growth strategy? Glenn explains why our portfolio management rules lead to these trades, why trimming winning positions is one of the hardest things to do, and how our… Read More
Happy New Year! As we begin 2020 we are trimming some positions in the AMM Dividend Growth strategy that currently exceed our maximum position size threshold. So far we’ve trimmed Visa (V), MasterCard (MA), and Apple (AAPL). We’ll likely trim… Read More
One my favorite new podcasts is the BBC’s 50 Things That Made the Modern Economy. Each episode is about 10 minutes long but packed with information. The latest episode discusses the greatest selling product in the history of the world… Read More
The two charts below are from Fortune and they highlight a valuation discrepancy in the tech world. First is the P/E Ratio of a few of the most recognized and popular names in the tech world. It gets even weirder… Read More
It would never happen but where would Apple rank in the top 25 businesses based on market capitalization if it spun-off its cash holdings as a stand alone business? The folks at Bespoke Investment Group took a look and came… Read More
For those of you who have been paying into Social Security for your entire working careers, the day when you finally retire and begin