The Say It Again, Sam, Issue
26 February 2014
S&P's Stovall to Discuss Dividends in Free Webinar
High Yield and Long-Term Growth Can Live Together
"Do Not Dump Those Dividends" will be the message from Sam Stovall, chief equity strategist at S&P Capital IQ Equity Research, in a free webinar presented by BetterInvesting available to everyone on March 19 from 8:30 p.m. to 9:30 p.m.
Sam Stovall, the author of The Seven Rules of Wall Street: Crash-Tested Investment Strategies That Beat the Market, is a regular on financial news channels such as CNN Money and FoxBusiness. More about Stovall can be found here.
During the second quarter of 2013, after the U.S. equity markets flew into a "taper tantrum," dividend-rich stock prices took it on the chin, Stovall explains. As a result, many income-oriented investors began to wonder whether they should bail out of their high-yielding holdings.
"When 40 percent of the S&P 500's total return since 1926 has come from reinvested dividends, I think investors should think twice before selling," Stovall says. "If you are a believer in reversion to the mean, consider that S&P 500 constituents currently pay out only 36 percent of earnings, versus their long-term average of 54 percent."
To learn more about how searching for high yields, low volatility and above-average long-term earnings per share growth aren't mutually exclusive goals, sign up now for this special BetterInvesting webinar in which Stovall will identify some higher yielding stocks that sport track records of raising both earnings and dividends in each of the past 10 years.
For more information about this free webinar, go here.
Federal and State Club Tax Printers Now Available
State Printers for 11 States Go Final; Webinar Will Help You with 2013 Taxes
As we get closer to the deadline for filing annual club taxes, it's time to make sure you have the tools needed to close out the books for 2013. ICLUBcentral's Federal and State Club Tax Printers for 2013 are now available for download at myICLUB.com and for ordering as pressed CDs or downloads for those who have Club Accounting 3.
The Federal Club Tax Printer for myICLUB can be ordered here and is available by selecting the Taxes tab in your Club Accounting Online at myICLUB.com website. You can order the Federal Club Tax Printer for Club Accounting 3 here.
Final State Club Tax Printers are now available for Arizona, California, Georgia, Iowa, Indiana, Massachusetts, Maryland, Minnesota, Missouri, New York and Wisconsin are available here for myICLUB.com and here for Club Accounting 3. Forms for Colorado, Pennsylvania and New Jersey are still awaiting finalization.
Remember that StockCentral subscribers receive substantial discounts for Tax Printer products!
ICLUBcentral recently hosted a live webinar covering the basics of closing the club's books for 2013. If you missed it, please visit our archives. Look for "Preparing the Investment Club's 2013 Tax Returns," from Jan. 21, with special guest Russell Malley. Click here to access it directly.
Join us on Tuesday, March 18, from 9 p.m. to 10 p.m., with our next live webinar covering various topics within investment club operations. Click here to register for these and other upcoming webinars to learn more and fine-tune your club's operations.
Spring to Chicago for BINC
Big Investing Ideas in the City of Broad Shoulders
Time is nearing for the 63rd BetterInvesting National Convention, taking place in Chicago May 15-18. This four-day event at the Chicago Marriott O'Hare Hotel is a must for individual investors seeking the latest news, tips and insights to boost your portfolio performance. The hands-on event provides diverse opportunities to get insights direct from investing pros during a packed agenda of presentations and workshops, with plenty of chances to network and meet with company representatives.
Your registration includes a welcome reception and an exhibitor reception, two full days of classes plus breakfast and lunch. There will also be a half-day of classes on Sunday and much more. Click here to nail down your spot.
Five and Counting for Investor Advisory Service
Honored for Outperformance Yet Again
Investor Advisory Service made the 2014 Hulbert Financial Digest Honor Roll for the fifth consecutive year, joining a select group of investment newsletters that HFD Editor Mark Hulbert tracks that consistently outperform the stock market in all types of conditions. Hulbert awards this honor to newsletters that serve risk-averse investors looking for solid, steady results. Hulbert since 1980 has monitored more than 160 newsletters, and only a fraction win kudos for coming out ahead of the market in both up and down market conditions.
In MarketWatch, Hulbert recently explained why this honor is noteworthy. "There are numerous reasons to pay attention to which newsletters make it onto the HFD's Newsletter Honor Roll. Perhaps the most obvious is that, on average, they tend to outperform the newsletters that do not make the grade."
In each edition of IAS, subscribers receive three stock recommendations based on sound, long-term investment principles. The editors also provide expert analysis of economic and market trends and what they mean to you, explained in plain English. Click here to subscribe to IAS.
Toolshed Talk: When a Club's Total Cost Basis of Sales Don't Match Up
The Broker's Basis Might Differ
StockCentral offers a rich source of information and community resources, including in our Investing Forums where we share news, tips and tackle specific problems. We often help investors resolve unique problems and answer questions in The Toolshed area of StockCentral's online forums.
From a recent question in The Toolshed: "A club's broker is lumping together sales that involved multiple blocks of stocks. This is fine when the total cost basis in myICLUB.com matches up with the broker's detail, but in this case, the cost basis on several transactions doesn't match up with the group transactions. What do you suggest?"
Russell Malley, one of our StockCentral experts, provided detailed insights on how to approach the problem. Click here to read more. …
TODAY'S ENTIRELY RELEVANT QUOTATION
" Most investors know that current levels of share prices are unsustainable; it is said that George Soros has already started betting against the US stock market. They are aware that share prices are high mainly because of the huge amount of money sloshing around thanks to quantitative easing (QE), not because of the strength of the underlying real economy."
— Ha-Joon Chang, The Guardian