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Showing posts with label Question. Show all posts
Showing posts with label Question. Show all posts

What Is The Right Dividend Yield For Southern Copper (SCCO)?


One of my readers asked me a good question about my latest screens. Here is what he wrote:

“I am new at this and trying to learn. Your site is very helpful. From your post:

41 Top Yielding Stocks with Ex-Dividend Date In May 2013
I do not understand the reported yield for Southern Copper. Most all sites I see report dividend 2.42%.

ARR
ARMOUR Residential
13-May
30-May
17.09
HRZN
Horizon Technology Finance
16-May
17-Jun
13.91
SCCO
Southern Copper
6-May
21-May
11.75
FULL
Full Circle Capital Corporation
29-May
14-Jun
11.73
FSC
Fifth Street Finance
13-May
31-May
10.87
STB
Student Transportation Inc
29-May
17-Jun
8.88


Thanks“

That's an error in my screening database. Sometimes it needs time to update the yield lists with current dividend payments. If a company pays a much lower dividend in the future or they paid special dividends, the yield explodes but on the new basis its a normal value. Here is the dividend history of SCCO: Long-Term Dividend History of SCCO. I think the $2.75 extraordinary payment causes the error.

SCCO has a yield of 2.42% based on a $0.8 annual dividend.

If you like you can also read my post about "How to predict the future Dividend".

If you have any further questions, to not hesitate to contact me. If you like my answer, please give me a Facebook Like. You can also subscribe to my free e-mail list or follow me on Facebook or Twitter.

Reader Question: Which Stock Screener Includes Insider Trades And Yield Figures


I’ve received an e-mail from one of my readers. Here is what he wrote:

“Hi Tom

I also live on passive income dividend stocks entirely for my daily expenses. I have a strict criterion for the yield being at least 3%. My other requirements are:

1) Minimum 50,000 shares traded daily (liquidity)

2) 1 year price performance equals or beats the S&P 500 (relative strength)

3) Recent insider large block purchases within the last 6 months.

And, just to comment on your comment, I also do not care for small insider buys or option purchases. I only look for VERY LARGE BLOCKS of shares being bought with DIRECT PURCHASES on the market. This is very key to my criteria.


Yahoo.com finance page has a very good "insiders transaction" page on each stock symbol you wish to research. You can get 6 months of purchasing on the open market information complete with share price bought, number of shares, and dates of purchases. Very very good info.

The problem is that my watch list has about 500 stocks and so it can become quite laborious to manually look up all 500 stocks. I've done it before but takes about half  day. The good news is that I can find some big blocks of high dividend stocks being bought just within price range so makes for time worth spent. The needle in the hay stack theory of investing. It only takes about 20 to 30 purchases to make up a nice passive income portfolio.

I consider insider purchases (again, ONLY big blocks bought on the open market within the last 6 months) very important because I am skeptical of the financial numbers that companies report to the public.  Earnings and other fundamental data are easily fungible, ask any accountant worth his salt.

But two numbers are important to fudge: dividend payouts, and large insider buys on the open market. Just can't lie on those two data points.  The other number that is not fungible is of course the historical price of the stock and volume traded. 

So, thats why I base my passive income portfolio based on those four data points:
Yield, Relative Strength, volume and Large Open Market Insider buys.

If a website ever could deliver those four criteria it would have a nice following. Nobody is doing it.

I have been doing my research manually for years because I cannot find a reliable free stock screener that can fulfill these 4 criteria. www.finviz.com comes very close but the insider transaction information is not reliable and it also includes insider sales which skews the results.

Do you know of any free stock screeners on the web that has at least two of the criteria; dividend yield and recent insider purchases.
Funny, cause the insider purchases screeners don't have yields and the yield screeners don't have insider buys. Any ideas?

Thanks”

Well, that’s a good question. I’m a bit more fundamental orientated and I don’t care much about small insider buys and sells. If a managing director or a CEO receives a $100 million share packet or options to buy or sell the companies underlying assets, it’s every day possible that he throws away his shares partly into market.

Well, back to your question. A good tool with insider and guru buys and sells which also includes the dividend yield is available on gurufocus.com. I use this site personally to screen the recent guru activities. Here is a link to the insider buy site on gurufocus.com.

If you have any further questions, to not hesitate to contact me. If you like my answer, please give me a Facebook Like. You can also subscribe to my free e-mail list or follow me on Facebook or Twitter.

Happy Investing!
Tom Roberts

Reader Question: Why Do My High-Yield Stocks Produce Losses And How To Turn Them Into Capital Gains?


I’ve received an e-mail from one of my readers. Here is his mail:

“Dear Tom,

Want to let you know that I thoroughly enjoy and appreciate your dividend newsletter for starters I wish to apologize on behalf of correspondents who are blatantly rude and disrespectful to you. If I have a disagreement or question for you I certainly would be polite....common sense.

I am retired and have money to invest and am concentrating on high dividend paying stocks.  But so far I am making good money on dividends but am currently getting more capital losses than capital gains.  I have made costly mistakes but am benefitting from them.

If you could suggest any strategies plus make suggestions I am ready, willing and able to digest same.
Very Respectfully”

Well, a one way strategy to make money without any losses does not exist. I personally made losses but they were not significant in relation to my current unrealized and realized capital gains.

The first question is in my view how much risk can you shoulder to get a higher return. I believe that investing should improve your live quality and should not end in hard work. Stocks and everything surround should bring you fun and cause in a better life. If you are retired, you have not as much time to wait for returns as a younger investor.

If you say that you make losses, I would be curious to know what kind of stocks do you own and how long do you have them? This is a fact that I hear from several investors. They receive high dividends but make losses on their assets. I discovered that it has reasons when companies are low valuated and high yielding. The truth is that all others know the problems of the company and core investors sell their stocks before everything is public.

I don’t like higher yielding stocks like PBI despite the fact that they have realized a great return since the beginning of this year. The market knows everything, much more as we all because he is an expression of all contributors and stakeholders of the company.

My strategy is to buy stocks and hold them, receiving the dividend and see how my yield on cost rises in average, year over year. I don’t follow the company’s happenings in detail. It’s a passive income with passive work but highly scalable.

Back to your problem. I prefer lower yielding stocks with a higher and more consistent growth. It’s even better if the company has low debt as well as a good management team.

As of now, there are still opportunities with a 3%+ yield of which you can expect that the income will grow with a rate of 5-7% per year.

When I buy stocks I always look at the long-term history of a stock. If they doubled sales every 10 years and they have revenues over $10 billion, I am interested to discover more of the stock if earnings grew faster than sales. Also important for me is the stability and volatility of the growth. A highly cyclic company is not the right stock for me. Finally debt and cash flows matter. The company must create strong cash and should be able to give shareholder value back in some way.

If you start buying stocks and you plan to hold them over a decade or more, your first years will be the hardest if you are in an overvalued stock market. I have no idea if the market today is overvalued. It’s primarily a question of the future growth perspectives from the companies. If a recession comes, a blast of the Chinese housing bubble or even a break-down of the Euro, the market is definitely overvalued.

My approach is that the economy will recover and improve over a long period. It’s like an economic balance. The only question is “how long does it take” to get balanced. Since 2008, the market needed five years to get back to the historic levels. It could also possible that you see decades of slow growth or no growth – Look at Japan. If you are at the age of 65 or older you must consider this for your asset allocation.

The best category to place money is in my view dividend growth from companies with international sales and future growth potential. Companies like Nestlé, Procter & Gamble or Nike have a big brand portfolio which produces strong cash flows and their client basis is still rising. Coca-Cola is the dominating player in the soft-drink business but they deliver only 1% of the daily beverage consumption of a person.

A past performance does not mean that the business model works for the future but in my view, companies like Coca Cola or McDonalds have a big cash flow and the best human skills do develop markets better than their smaller rivals. They handle recessions more effective and gain market share in every depression.

I reduce the residual risk by putting not more money into a single stock of more than 1% for a non-core holding. If I am wrong with my company, I could only lose 0.5% over years if the stock is down 50%. That’s not much when I receive yearly 3% in dividends from my portfolio holdings.

Reader Question: How To Double Your Investments In 5 Years

A reader of my blog long-term-investments.blogspot.com, Barnard, wrote me on Facebook a question. Here are his words:

“Tom your advice on dividend buying and reinvestment has been informative. I will make a donation to the cause. I hope you can elaborate on how to turn dividend growth stocks into growth that can double ones assets the quickest. Would such a feat be possible even in 1/2 a decade?”

Well that’s a really good question and I give you the answer short. Yes you can double your investment in a half decade. I did it over the recent two years. But its work and luck combiend. You also need to sell some positions with a higher valuation and put the fresh money into new alternatives with bigger growth potential. The basis assumption is that you have really good running capital markets which give you tail wind. As example: The whole market doubled since the market lows in March 2009. It’s easy to make money in markets that go up in a short time.

It’s hard to predict growth. Analysts do this but they revise their predictions with every new quarter report. I personally look at the long-term growth from the past. If I see a stock with a 10 year dividend growth of 10% and the 1 year, 3 year and 5 year growth is in the same range, it should be possible that the company raise dividends at the same rate in the near future. A few points make is easier to predict the possibility for a stable, growing or even slowing rate:

- Payout ratios
A company with low payout ratios has a bigger possibility to grow dividends on a higher rate.

- Expected Earnings Growth
A strong growth could be a good sign that the company raises dividends by the same amount of the earnings growth or even better if the cash flow is strong and the current payout ratios are too low.

- Debt ratios
Low debt amounts or even big mountains of cash are good indicators for growing dividends.

Back to your question. If you like to double your investments in five years, you need to find stocks with a yearly grow rate (dividends included) of 14% or more.

I will not give you tips of stocks to buy or sell because I have no idea where the stock market is in 5 years. The truth is that I can’t tell you because I don’t know it and everybody else don't know it too. 

I buy stocks because of the good looking fundamentals. In addition, I try to eliminate the risks from stocks with diversification. I avoid an overweighting of a single stock – Not more than 1% of my net worth should be invested in a non-core stock. This rule gives me the possibility to realize a higher return by investing more money into faster growing stocks.

I hope my answers helped you to understand my investment strategy a bit more. If not, feel free to submit a comment on my Facebook-Page. I always try my best to help others.

Reader Q&A: Are High-Yields Good For Growing Your Passive Income?

One Reader of my blog, Devirick, wrote me on Facebook a question. Here are his sentences:

“What strategies are u using To be able To live off of dividends? I’m am working on creating extra income as a monthly contribution toward dividends paying high yields around +5%”

Well it’s hard to explain in a few words. In core, I would say that I'm a long-term dividend growth investor. I buy dividend stocks with a solid growth performance and a higher capitalization - The company should be good diversified.

I say core because I put around 60% of my net worth into boring companies like Nestlé, Procter&Gamble or Coca Cola etc. (Those are my core investments). Some might say they are not boring but they are because nothing spectacular happens. The good thing is that you can count on the company as basis growth engine for your portfolio (normally with a growth in a high single-digit range).

Coca-Cola, Procter or even McDonalds have strong cash flows which they use for share buybacks and dividend payments in nearly the same amount. The ratio varies, depending on the payout policy of the company. If they grow 5% in sales, earnings and dividends could grow with a higher rate because of the share repurchases. If you count with 7%-8% dividend growth, your yield on cost doubles in 10 years from alone.

If you start buying stock with 100k, you could get around 3k in dividends. In 10 years, your income should grow to 6k but the inflation pushed prices only 30% to 50% higher.

I have around 80 companies and my average growth rate is a little bit higher than 10%. I believe it’s around 12-13% for the moment. But this should slow down if the economy weakens. The reason for the higher rate is that I bought some lower yielding companies with a stronger growth and low debt and payout ratios. 

In my view, faster growing stocks deliver you a better return if you stay longer by your investment. The risk also rises because you are no more a swing trader, you are an investor. As investor your job is to identify the long-term growth perspectives and potentials of a company without losing the feeling for the risk.

Your question to High-Yield stocks: That’s no solution for wealth in my view. Most high yielding stocks are low growing stocks with high debt levels. Look at AT&T. Sure they look good at the yield is fantastic compared to the business model but they have a big debt burden and they need really big amounts of money to grow (if it’s really possible to grow because the carrier market is still developed and market shares are distributed).

You can boost your income in a short time but you will loose this advantage over the time. If you buy AT&T shares for 100k, your gross dividend income would $4.98k but in 10 years it should only at 6k or so. This is only an example. I have no idea how fast T could grow their dividends.

What if you start with an investment of 100k that pays only 1% or 1k in annual dividends and 10 years later you receive 10k? I would prefer the second alternative. Low payout and debt ratios as well as high growth potential is the key in this example.

I hope my answers helped you to understand my investment strategy a bit more. If not, feel free to submit a comment on my Facebook-Page. I always try my best to help others.

Reader Q&A: How The Ex-Dividend Day Works And Your Taxes On DRIP Dividends

I’ve recently received an e-mail from one of my readers with some really good questions. Below is his mail:

“Hello Tom, I recently discovered your website and have read many times about buy and hold dividend stocks is best way to future income; especially if you buy those that increase dividends every year. I have been trading way too much in my tax account and in years I do get ahead I pay too much taxes.

I am 62 now and have too much time to watch the market. I still need some growth until I turn 70 when I hope to generate income in safer stocks. I am wondering how long you have to hold a stock after the Ex-dividend date to get the dividend in case one wants to sell? Reason for selling may be stock dropped or bad earnings or news report or better dividend opportunity. I have paper traded Dogs of the Dow the last 4 years and am impressed with the return. I wonder what the next 4 holds?

I also wanted to know if one reinvested dividends in those stocks instead of taking cash; would you still need to pay taxes on the dividends?”

First the ex-dividend date is the date on which you are noticed as stockholder who receives the dividend. You can sell the stock on the ex-date and could receive the dividend a month later or so without owning the stock anymore. My advise: You should not buy stocks only because of the ex-date. There is no deeper sense behind.

With your age of 68 it's still possible with solid dividend growth stocks to double your investments by the age of 70. All you need is some good picks, a stable growing capital market and a very good health.

I have also no idea if the Dogs of the Dow strategy works. Some discovered that it could deliver a good return but if I look at the current Dogs, I think that its better to choose other dividend growth picks with lower debt ratios and human growth perspectives.

If you reinvest your dividends, you have no tax advance. Every investor must pay taxes annually on his or her dividend income, whether it is received or reinvested. Some people use a dividend reinvestment program or dividend reinvestment plan (DRIP). The benefit is to investment returns from dividends immediately for the purpose of price appreciation and compounding, without incurring brokerage fees or waiting to accumulate enough cash for a full share of stock. The disadvantage is that you buy at prices which are not ever the best.

I hope my answers helped you to understand when you will get the dividend after selling the stock as well as the taxation of dividend reinvestments. Feel free to submit a comment on my Facebook-Page. I always try my best to help others.

Reader Q&A: Why To Buy U.S. Stocks And The Reason Behind Ex-Dividend Stock Trading

I’ve recently received an e-mail from a reader with some really good questions about the sense of ex-dividend stock investing and my focus on U.S. equities. Here is his mail:

“Hi Tom,

I found your blog by accident but I think it’s a very interesting and valuable resource as I'm also trying to build a passive income through investments.

One thing I noticed is that you only seem to include US traded stocks? Is there a reason for not including European stock exchanges, or Hong Kong and Australia?

One other question if you don't mind, is it possible to buy dividend stocks just before the dividend date and then sell them and repeat the process? What is the purpose of the ex-dividend section of your site?

Thanks in advance...”

My main focus is on U.S. stock, that’s right. It has several main reasons. Firstly, my database makes it very easy to discover good growth stocks. In addition I looked at stocks all around the world, also China and Africa. Some of them look very good in terms of fundamentals but they don’t have the same quality and as most of the international acting U.S. companies.

In the past I often noticed that the market tends to move back to U.S. large cap equities when there are some turmoil’s in the market. An American stock is a safe heaven and I believe that this should work also for the next decade. The money is still in Anglo-Saxon hands.

I also publish sheets of the best yielding stocks worldwide in my weekly updated Dividend Weekly. The book shows the best yielding stocks from major stock markets but is less detailed than my regular articles.

I am looking for providers who can deliver me qualified material about foreign stocks but I am still busy to work off all the opportunities from the U.S. market. If you have some great ideas, feel free to submit articles to me and I publish them.

There is no sense in ex-dividend stock trading because on the ex-dividend, the stock should be traded ex-dividend. And a quarter dividend of only 0.5% or 1% is so low that your daily fluctuations or trading fee exhaust your potential gain.

The main reason for the ex-dividend section is to improve the number of dividend stock ideas. Over the year I’m able to publish around 5,000 additional stocks with fundamentals. With my regular articles I would never catch them.

I hope my view helped you to understand why I publish daily ex-dividend stocks and I why am focused on U.S. stocks. Feel free to submit a comment on my Facebook-Page. I always try my best to help others.

Reader Q&A: How To Discover The Dividend Yield And How To Predict The Future Dividends

I’ve recently received an e-mail with some really valuable questions inside. Below is his mail:


“Dear Tom and Hans,

Thank you for presenting many good articles and information on dividends.  Your information has already helped me make a good pick on NTI.

I have questions about 2 stocks that you mentioned in your articles - VIP and AZN.

For VIP, your article lists a yield of 22.76%, and NASDAQ.COM lists 26%. But MSN.com lists it at 6.6%, Yahoo lists it as $2.72 (22.2%), while Motley Fool lists it as $2.72 (5.5%). I find this quite confusing.
 
Also for AZN, your article lists its yield at 16.73, NASDAQ.com lists 8.29%, MSN.com lists it at 6.1%, Yahoo lists it at $3.80 (8.30%), while Motley Fool lists it as $3.80 (6.1%).

For VIP, form the NASDAQ site, I see that they made 3 payments in 2011, and 2 payments in 2012.  The amounts are not consistent. So it's hard to predict the yield.

For AZN, I see from the NASDAQ site that their last payment was on 2/13/13 in the amount of $1.9.  If I multiply 1.9 by 4 then divide by today's stock price of $46.5, I get a yield of 16.5%, which is close what your article has for AZN.  However, AZN seems to only pay every February, and then make a payment that is about 40% to 50% of that in August of the same year.

I would appreciate it if you can clarify this. Thank you."

These are very good questions and I like to answer them all as good as I can.

First of all, there are hundreds of screeners outside and several deliver different results. It mainly depend on the database they use. If a company pays a special dividend or the shares were split, they have an extraordinary high yield. I personally use the yahoofinance and googlefinance tools for a quick update because they have a good database for international stocks. In addition it could make sense to look at the tools from Bloomberg and Reuters.

VIP – VimpelCom: If you have some doubt about the dividend history and the payment policy, you should go to the investor relation homepage of the company. On the section dividends you can find more information. They say:

“It is the Company’s intention to pay a dividend which develops substantially in line with the development of its operational performance. The Company aims to pay interim and final dividends annually in cash.”

..

“…the Company aims to pay out a significant part of its annual operating free cash flow to its shareholders in the form of dividends. Operating Free cash flow is defined as “Net Cash from Operating Activities minus CapEx”, and can be derived from the consolidated group financial statements. The group aims to pay out at least USD 0.80 per share per year for the period 2012-2014 assuming not more than 1,628 mln common shares are issued and outstanding. The company will plan to pay the annual dividend in two tranches. The first tranche will be an interim dividend paid during the second half of the year. The second tranche will be the final dividend that will be paid out following the annual results announcement.”

I am not in detail with the dividend policy of VIP but it seems more complex on the first view. I would calculate with a maximum dividend of USD 0.80 this year. That’s a yield of 6.67 percent. But for more details, you should contact the investor relation department of VIP. They can tell you more because they are closer to the matter.

AZN – AstraZeneca: Is a British drug company. Normally, British stocks pay two interim dividends a year. But there are also some with quarter dividends. Others are on a switch. The investor relation section of the homepage says:

“Dividends will be paid twice a year, with a greater proportion paid as a second interim.

First interim: announced end of July and paid in September
Second interim: announced end of of January/beginning of February and paid in March”

They will pay USD 1.90 on March 18, 2013. The ex-dividend date was on February 15, 2013. Last year AZN paid an interim dividend of USD 1.95. You can also find more information in the latest full year presentation. The company plans no share repurchases and wants to follow a progressive dividend policy compared to the recent fiscal year (last year dividend was $2.80). I would calculate with a flat dividend of $2.80. That’s a yield of 6%.

In general, when you are in doubt about the future dividends because your target company has no credible dividend history and earnings are very cyclic at high debt levels, do not hesitate to scout for a latest statement by the management team. If there is no statement, you should contact the investor relation department of the company in order to get more details. They will tell you the public statement of the dividend in a very short manner. But be careful they often tell to pay a high dividend because they don’t want to lose investors but they needed to cut dividends because of the business model and capital needs. In the end it’s the view of the investor that matters. He discovers the possibility for a flat dividend, a hike or even a cut.

I hope my view helped you to understand how you should proceed by estimating the next dividends. If not you can leave a comment on my Facebook-Page. I always try my best to help others.

Tom

Readers Q&A: How My Portfolio Strategy Works

I’ve received recently an e-mail from one of my long-term readers. He mentioned some really valueable questions. Below is his mail:

Dear Tom, I’ve been following your site for a while and have come to relate to the dividend philosophy.

I have some questions however, that I don’t find addressed anywhere in your blog site.
I would appreciate knowing….

1. Do you ever sell off any dividend stocks?

2. If so, what trigger/s do you look for to alert you that it may be time to sell a stock?

3. Do you only concentrate on dividend producing stocks, or do you purchase stocks for trading positions?

4. You speak of currency in Euros and the grammar in your blog texts sounds like you are from somewhere other than the US.   May I ask where you live?

These are very good questions and I like to answer them all as good as I can.

1.     My investment philosophy is long-term orientated. Normally, I invest money into stocks with a good past growth performance. I always look for companies which have doubled sales over the recent 10 years with gaining earnings growth. It’s also good when the company have paid consecutive dividends and raised them over the years. In addition, the company should have made share buy backs in a significant amount. I love it when the number of outstanding shares decreases steadily and boosts the earnings per share growth. I don’t plan to sell these stocks. I like to participate on the long-term growth. This alone could drive my net worth.

It could happen that the past performance does not work for the future. Something is wrong with the management and the business model changes or the environment gets tougher. In this case I do sell stocks and I also close positions completely. As example: I initiated a position in Esprit, a global clothing retailer, but I needed to close the position because my view was completely wrong about the stock. There were some changes in the management structure and the turnaround does not work as I hoped it should. As a result I made a 50% loss.

2.     As mentioned, one trigger is that the company in no more on track or something has changed. Another criterion is that the company’s business environment has developed into a bad direction which makes it hard to grow. I sold stocks from credit rating agencies, motor cycle companies, multi marketing level stocks and finally stock exchanges. Sure they can deliver a good return for the future but I see more opportunities in other sectors with fewer headwinds.

3.     I normally don’t trade stocks. I follow a buy and hold strategy. I like to be an owner of the company. Sure this is very idealistic especially when you buy only stocks with an amount of a few thousand dollars but in my view, it doesn’t matter if you buy 100 stocks or a hundred million. The business of an investor is highly scalable and works full-time with a few hundred thousand dollars. Sure, it mainly depends on your living standard approach.

I am not a swing or day trader. I don’t judge these ways of making money at the market. They all have their eligibility and could work if you have a good talent in your trading niche. For me is this not the right strategy because I don’t know how the market moves over the next days. It’s like gambling if you buy stocks without having an idea of how to get a return. You need a clear strategy. I don’t play with money and I couldn’t lose bigger amounts because I must live from it and every coin I don’t lose is also a penny I don’t need to gain.

4.     You are right. I’m not an U.S. Citizen. I have my net worth accounted in Euro. This is a problematic situation because my main investments are valuated in US Dollar. I lose and gain more money with changes in the currency pair EUR/USD. There are days on which I have a bigger currency effect than equity contributions. I always think that I can make more money with currency changes but as a long-term investor, these effects shouldn’t be important for your asset allocation. As example, Philip Morris makes all of their sales outside the U.S. but in my accounts the position is listed in USD. A weaker US-Dollar should boost PM’s income but decrease my position value; the currency effect will be neutralized in the long-run. I have hedged around 35% of my assets because I sold short the USD currency.

It doesn’t matter where you live when you are an investor and maybe I settle one day to an Asian country because of the higher growth situation and the higher degree of economic health. The US-Dollar is still the dominating reverse currency but should lose strength over the time. The Chinese Renminbi and other emerging market currencies should be stronger as well as the EUR.

Sorry for my bad grammar but I’m not an English native speaker. I do this writing not for money. It’s more fun and a nice tool to stay disciplined.

Nothing is perfect in my blog but I hope you get inspired and my work helps you organize your investment strategy. If I wouldn’t do all this research I would have never reached my current wealth level. Yes, investing is still hard work but it pays off.

I hope these sentences helped you to understand of how I work. If not you can leave a comment on my Facebook-Page. I always try my best to help others.

Tom