Sunday, July 14, 2019

Psychedelic Furs playable record sleeve

Here's a cool oddity in my record collection.   This version of the Psychedelic Furs' single "Dumb Waiters" has a playable sleeve!

What you get is a promo for their upcoming LP Talk Talk Talk, playing many of the tracks in edited form, including a snippet of a different version of "Pretty In Pink".

The embedded video of the promo won't play, but here's a link to it....
 https://youtu.be/NQm0pmYSSVA

The B-Side is also a great instrumental "Dash" that was never to be released again, even on the cd reissues.



The copy I have is pretty much in mint condition and I think was only played a few times since 1981.
Got this one for a steal on eBay.  I think I paid $2 for it.

Tuesday, July 9, 2019

Kotopoulo Hilopites, the ultimate Greek comfort food

Usually homemade, this little square egg noodle ("Heelo-pee-tess") is hard to find in the US other than in cities with large Greek populations (NYC, Chicago..) I remembered hearing my mom explain that she cannot find hilopites in Seattle and missed them dearly.  Found them over at an import market here in Seattle.

 
I got 4 bags and used one to make Kotopoulo Hilopites (chicken with hilopites).


1 chicken cut up
1/2 cup olive oil
1 15 oz. can of tomato sauce
1 tomato cut up
1 small can of tomato paste
1 package hilopites
1 onion chopped
2-3 cups boiling water
2 cloves garlic minced
1 tsp cinnamon
grated mizithra
Salt
Pepper


Preheat oven at 275 degrees.
Clean, singe and wash the chicken well and cut into pieces. Season with salt and pepper.
Heat olive oil in a Dutch oven and sauté a few chicken pieces at a time, on all sides.


Remove chicken and place aside. 
Sauté the onion and garlic in the pan.  
Once the onions are soft, add the tomato paste and let cook for a minute or two.
Then add the tomato sauce, tomato,  cinnamon, 1 cup of boiling water, return the chicken to the pot and let all slowly simmer. 
 


 



After 45 minutes, remove the chickens from their pot and set on a platter.
Stir in  the hilopites and another 1 to 1 ½ cups boiling water. 


Just use enough liquid that would be soaked up by the pasta.  Return the chicken pieces and put this in the oven to cook for about 20 to 30 minutes. 


Plate it up!
 

Oops, almost forgot the mizithra!

Serve the meal with grated mizithra cheese.




Sunday, July 7, 2019

Early Blue Note 78

My blog is supposed to be about my portfolio, food, and music.  I'm lettin you down. I'm way overdue for a music entry.  Here goes.....

Gave a listen to a very early Blue Note 78 record today.  In 1941, Meade "Lux" Lewis recorded a  couple piano solos at Blule Note studios.  "Honkey Tonk Train Blues" b/w "Tell Your Story".  Blue Note #15.





The fun part is how I ran across this (and a handfull of other rare jazz 78's).

Back around 12 years ago, I stopped into the Burien, WA St Vincent de Paul thrift store to give the records a look over.  They mainly have beat up alums from the 70's, like a bunch of Kenny Rodgers records...but usually had a few old 78 records sitting there.  I noticed a stack of 12" 78's  (usually 10') and thought they were some symphony cuts, like most were.  

I pulled them out and see the Blue Note label, and my heart skipped a beat.  There were 4 Blue Notes,  #2, 5, 15, and 16.   Next to those were a few Commodore 12" jazz records, also quite rare, as well as a 12" Black and White 78, yet another rare black jazz label from around 1940.   Next to that were some 10" 78 of Billie Holliday on Commodore.  OMG

I then proceeded to shit my pants.   $10 later, I drove them home realizing this was a find of a lifetime.

Lweis had first recorded Honkey Tonk Train Blues for the legendary Paramount records back in 1927, for Victor in 1937, and also for Decca and Columbia throughout the years.
The Paramount recording is ULTRA scarce.   This early Blue Note is also quite rare and goes for around $65.  This copy is in near mint condition.

Here's the only You Tube clip of this recording.  My copy is in near mint condition and does not have the pops.   Enjoy..


Watch List

Many of the bloggers who write about dividend growth investing post their current stock watch list, usually focusing on a couple that they are monitoring that current month.

I do things a bit differently.   Instead of focusing on two or three companies that have a good valuation at the time, I have a list of about a dozen companies that have a good track record of dividend growth, low P/E, and low payout percentage.

When it comes time to buy, I look for the one that is the best value at that time.   

I do edit this list from time to time.  I always keep looking for companies with a nice track record and will remove a company if they have awful quarterly financial results or have changed their dividend payouts for the worse.

Image result for stock market

Yeah it looks that crazy....

Here's my watch list.  What you see is the Ticker symbol as well as the amount of shares I'm looking to purchase  (usually around $4,000 worth), my progress, the P/E, the payout ratio, the 5 year increase in dividends, and the track record of their dividend increases.   

I do have to update some of these numbers every few months.

SYMBOL
GOAL
SO FAR
1YR. P/E (under S&P 22.02)
PAYOUT RATIO (under 60%)
5 YEAR DIV INC %
INC DIV YEARS
ADP
26
0
37.18
76.7%
10.48%
44
AEP
57
0
18.03
63.8%
5%
5
APH
45
0
25.2
26.10%
27%
6
D
57
0
17.3
80.9%
8.22%
9
DAL
75
0
9.7
25.1%
12%
4
DE
28
0
13.8
29%
6.23%
1
DG
43
0
16.87
19.10%
4%
2
DUK
51
0
16.5
77%
3%
12
EXPO
77
0
40.7
40.60%
16%
4
GPC
39
0
20.73
58.60%
6.02%
62
HRS
21
0
26.49
36.98%
10.28%
17
KEY
236
0
9.84
39.53%
21.2%
8
LMT
14
0
18.6
46.40%
12.72%
15
NSC
24
0
19.1
35%
9%
8
ORCL
76
0
51.45
74.51%
9.63%
10
QSR
68
0
22.3
68%
81%
3
SCI
95
0
22.8
36.80%
19.42%
6
TJX
80
0
21.4
32.10%
21.88%
21
UNP
25
0
19.9
39%
15%
9


Comments?

Wednesday, July 3, 2019

Recent Buy - BAC


 After receiving my biggest dividend of my portfolio, I pulled the trigger on a purchase I’ve been looking forward to.  

I picked up 20 shares of Bank of America (BAC) this morning for $584.07.   I’m now at 74 shares in the portfolio, with a goal of getting that to around 130.

Even though I will never be a customer of Bank of America with great credit unions out there, it's hard to turn down a growth share when it come to funding my retirement...

After passing the latest Federal Reserve's Comprehensive Capital Analysis and Review (the stress test), they have been given the green light for  their capital plan and retuning $37 billion to their shareholders between dividend increases and stock buybacks.   There will be a 20% increase of their dividend to 18 cents per share from 15.  
That’s what I call a no brainer for hitting buy...  They were not on my normal watch list, but instantly jumped to the front of the pack with this announcement.   So I pulled the trigger.   I did not care about the valuation at this point, I just wanted to get in on it.  Their P/E is at 10.84.  Seems low, but the industry average is only at 10.51.  Still, they are in good financial health and I just could not ignore a 20% rise in dividends.

I picked up 20 shares of Bank of America (BAC) this morning for $584.07.    This increases my annual dividend by $12 before the official announcement.  With a 20% increase, my dividend will go up by $20.88 per year. 
I’m now at 74 shares in the portfolio, with a goal of getting that to around 135.   I’m using $4,000 cost basis for a full position at this time.

I just love buying shares of a company I know I will hang onto forever.

Saturday, June 29, 2019

June 2019 Dividends

Another month towards the inexorable march towards financial independence...

There is nothing like getting a dividend payout almost every day.    My March/June/September/December dividend payments are the most consistent throughout the month.   July is going to have a 9 day stretch with no payments.  But I'm not complaining...

I'm being paid for simply being alive!   Cool.


6/3/2019AFL$23.76
6/3/2019AWR$13.75
6/3/2019GWW$7.20
6/3/2019INTC$26.78
6/3/2019PSX$16.20
6/3/2019WMT$10.60
6/5/2019ADM$29.75
6/5/2019CMI$34.20
6/5/2019UPS$35.52
6/5/2019UL$25.25
6/6/2019DFS$22.00
6/6/2019SO$64.48
6/6/2019SBSI$35.65
6/7/2019AMGN$26.10
6/7/2019BA$51.38
6/7/2019PFE$19.80
6/10/2019CVX$32.13
6/10/2019EMR$16.66
6/10/2019IBM$45.36
6/10/2019TGT$33.92
6/11/2019AGNC$32.00
6/11/2019JNJ$33.25
6/12/2019HE$48.00
6/12/2019MMM$31.68
6/13/2019CNP$36.51
6/13/2019MSFT$9.20
6/14/2019AVA$36.04
6/14/2019MAIN$20.00
6/14/2019ORI$42.20
6/14/2019O$15.14
6/14/2019TSN$10.13
6/17/2019APLE$40.90
6/17/2019MCD$48.72
6/20/2019HD$16.32
6/21/2019GM$42.56
6/21/2019FLO$15.58
6/25/2019MAIN$25.00
6/25/2019RDS-B$45.12
6/27/2019EAT$17.48
6/27/2019LVS$50.05
6/27/2019PSA$40.00
6/27/2019QCOM$45.26
6/28/2019BAC$8.10
6/28/2019CLDT$21.45
6/28/2019NWE$35.08
6/28/2019PEP$47.75
6/28/2019TROW$35.72
6/28/2019TRV$12.30





$1432.03

Southern Co (SO) was the big payout of the month at $64.48 followed by Boeing (BA) at $51.38.   But overall, it's very balanced and consistent.   Next month comes the big kahuna of WHF...
See ya' next month