To Peak Oil or Not To Peak Oil?

Pumpjack in Glennpool oil field, Oklahoma

The world is running out of oil... so might as well buy a few shares in the companies that make it and move it around. Having had some cash free up in the retirement account, I went shopping for some Oklahoma oil and gas companies.  Locavesting, as it were. ConocoPhillips (COP) I talked about in this post a few months ago, where I was vacillating between ENI, Total, Statoil, Petrobras and COP.   In the end, I ended up with Petrobras, giving COP a pass for the time being.  A few weeks ago, I took a nibble with 30 shares at around $77. OneOK Partners LP has just announced that they will build a two-billion dollar pipeline from the Bakken oil play to Cushing OK. That's good, it unlocks more domestic oil production, sending down to … [Read more...]

More on Investing in the Basics: Chocolate

Nothing but chocolatey goodness (photo by Wikimedia - Andre Karvath)

Ask any lady about the bare necessities of life, and chocolate ranks way on up there. Food, fire and shelter... and fudge brownies. That could be one sexist statement unencumbered by cold hard facts, but sure, Valentine's Day was just but a scant week ago.  It's not for nothing that flowers *and* a box of chocolates do much to generate goodwill among the genders.  Not flowers and broccoli, not flowers and a toaster, but a dozen roses and some tasty truffles. In keeping with this site's model dividend portfolio, it's all about investing in the basics:  food, beer, smokes and now chocolates. Rocky Mountain Chocolate Factory has been in operation since the early 1980's, with delicious chocolatey offerings and a tasty dividend yield … [Read more...]

Nickel-Plated Trailers: a Centavos Dividend Portfolio Update

... going back a ways ...

With the last portfolio update back in November, we're about due for another one. Some new additions to the lineup: United Mobile Homes (UMH) Vale  (VALE) Petroleo Brasileiro S.A. (PBR) United Mobile Homes UMH, is a subsidiary of one of my current holdings, Monmouth (MNR).  From their website, UMH invests in quality “manufactured home communities”.   This blurb from the S&P report: According to the company, manufactured homes are being accepted by the public as a viable and economically attractive alternative to common stick-built, single-family housing. The affordability of the modern manufactured home makes it very attractive. Modern residential land lease communities are similar to typical residential … [Read more...]

Centavos Portfolio Update: Blood in the Streets

December 2011

"Buy when blood is in the streets, even if the blood is your own" - Baron Rothschild, 1871 Sure is plenty of red in the return column of this blog's model portfolio.  Junior exploration stocks in general haven't fared well in the last six months, and my stocks haven't been the exception. The last update was in September, and things haven't improved since then.  Down 40 percent, even after allowing for realized gains from two trades. A bit of an ugly picture, huh? Good. That means opportunity. Operation Recovery Malaga is first up in Operation Recovery.  The original purchase was for 1000 shares at $0.24/share. The purchase of 5,000 more shares at $.108 brought the unit cost down to $0.132. Whither Malaga and … [Read more...]

Join the MONEY PROS 2012 Index Fund Challenge!!

Head on over to Money Pros!

So what are we talking about? Just this.... The mechanics of the Money Pros challenge are simple: Invest a fantasy $1,000 in three stocks, and see how they do in the course of the year.  The tracking spreadsheet will be modeled after Sharebuilder, with fractional shares fully accounted for after dividend re-investment. The stock values will be dynamically refreshed in the spreadsheet, so it will be fun to track progress in real time. Picking stocks can be so mind-numbingly boring and time intensive, with some investors poring through SEC disclosures, financial statements, forecasts, on and on.  With this challenge, there's none of that. If you want to go with your gut, do it.  If you got good service at a restaurant chain … [Read more...]

Centavos Dividend Portfolio: Uptrend Update

Screen Shot 2011-11-28 at 9.35.33 PM

The market popped a bit yesterday, and what better time to post a dividend portfolio update? This is the way the portfolio looked with last month's share quantities, and yesterday's stock prices: It's an ugly ugly sight, those red minus numbers in the return column.  A total return of -1.93% makes for sad faces.  Thankfully, after a few adjustments for additional shares bought and dividends received and re-invested, things are better, if only by a little: Here's a summary of notable happenings and changes: [1] Purchased 50 more shares of Silver Wheaton (SLW) at around $30 a share, bringing the total to a nice round 200 shares.  SLW tripled its dividend (!!) from $0.03 to $0.09 per share, bumping the yield to a barely … [Read more...]

Centavos Model Portfolio: The market, it burnsssss ussss..

USA Financial Service Model Portfolio of Penny Mining Stocks - September 2011

Time for another update to the Centavos Model Portfolio of penny mining stocks.  The picture has not gotten any better from the last update (Model Portfolio Haz Sad Face) back in May.  It may strike readers as a little strange to post an update on very volatile equities strange after a hard down day like yesterday, especially as you can see from the portfolio snapshot, the return column is swimming in a sea of red.  But it’s only a paper loss, natch. (click on the spreadsheet for a larger view) A couple of notable changes since the last update: Added some more shares Coral Gold, doubling the position to 4,000 shares. Hathor Exploration is being courted for an acquisition by Cameco, one of the larger uranium mining companies out … [Read more...]

Dividend Income Update: Bye-bye, LIQuor Stores

Centavos Dividend Portfolio - Sept 1, 2011

Hate to do it, hate to bid farewell to a 7.09% yield, but with LIQ I'm not able to re-invest the dividends.  There's little point in investing for the long term if you're not harnessing the power of compounding.  I'm still a little sore at my 401K planners for not advising of this in advance of my purchase, but there's little I can do about that. So, I've put in a limit order to sell LIQ at a slight loss, and will probably buy more Altria (MO) or Brazilian Beer (ABV) to balance out the Sin and Debauchery sector, or average down with Perpetual Energy or Tee Kay Tankers.  Here's what the portfolio looked like as of Thursday night:   New old addition to the portfolio, Dorchester Minerals LP (DMLP) I'd bought a lot 100 … [Read more...]

Pop the Top Off A Cold One, It’s Time for Another Dividend Income Update!

Picture 5

What with the market taken a minus 4.31%  headfirst dive into an empty pool today, some folks might opine that perhaps it’s not the best time to talk about stocks.  But with dividend stocks, a price correction right before dividend payouts just means more shares purchased with the reinvested cash.   My limit order for Companhia de Bebidas Das Americas (ABV) was filled at $30/share for 50 shares.   Also got in with International Shipholding Group, and Altria Group, formerly known as Philip Morris. The portfolio now looks like this (click for a larger view): These last purchases upped my overall dividend yield up to 6.37% for the portfolio, and evened out the allocations a bit towards life’s basic essentials. Heavier on … [Read more...]

One Dividend Stock I’m Buying, and One I’m Still Thinking About

Very cool picture of a Brewery in Abbaye Notre Dame de Saint-Remy Rochefort - photo credit: 2007 Luca Galuzzi

Companhia de Bebidas das Americas, or AmBev (NYSE: ABV) is part of the InBev Anheuser Busch conglomerate, the largest beer brewer in the world. According to some authors, beer is the number one or number two reason (*) that mankind developed agriculture and settled down to grow grain and make kids. One could think that buying a few shares of AmBev would be investing in the basics of life:  shelter, food and beer. Without going into the whole convoluted corporate spelunking in the recent evolution and amalgamation of Interbrew, Anheuser-Busch and AmBev, suffice to say that AmBev is the South American branch of the resulting giant global brewing group InBev, and the fifth largest brewery in the world.  With brands like Antartica, … [Read more...]