I'm a 66-year-old investor focused on dividends in a Retirement Income Portfolio. I've been a member of BetterInvesting.org since 1982 (formerly the National Association of Investment Clubs). For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.Better Investing's "four principles" have been very helpful to me:1) invest regularly throughout your lifetime; 2) invest in growth companies; 3) reinvest earnings and profits; 4) diversify by industry and size. Bill Bengen's "4% Rule" inspired my goal to design a retirement portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets. Some things I've gleaned from mentors and colleagues: - Peter Lynch's conviction that the average person, with some study and discipline, can make good decisions about stocks; - Louis Rukeyser's ability to ask probing questions about the market; - From The Intelligent Investor, Benjamin Graham's focus on value; - From Better Investing columns, Charles Allmon's skill in finding growth stocks that also had the virtues of value and income;- Brad Thomas' analysis real estate investment trusts; - Bob Wells' disciplined search for dividend growth; - From The Single Best Investment, Lowell Miller's focus on quality and safety; - David Van Knapp's ability to keep the big picture in mind when designing a portfolio; - David Fish's dedication to monitor consistent dividend growth; - Factoids' distillation and dissemination of mounds of data;- Chowder's determination to buy and hold quality businesses; - BDC Buzz's clarity about the risks business development companies; - Tom Konrad's commitment to alternative energy investments; - George Fisher's insights about utility opportunities; - The Seeking Alpha community--both veterans and young contributors.
I am a very small time investor compared to those who trade for a living. I have been interested in the stock market and investing since the early 80's, fascinated by what empirically and statistically works. My main financial objective now is to provide income for my wife and myself in retirement, have enough money saved to provide health care/ assistant living expenses for each of us, and to pass on anything that is left over to our heirs. Some have asked so I am listing my current equity portfolio. I am not yet fully invested, so names may be added over time. I am particularly interested in adding some industrial and financial names to the mix.
Health care/ bio tech: GILD, CELG, ABBV, AMGN, ACAD
Health care/ distribution: CAH
Consumer: JNJ, PM, FLO, MO
Tech: QCOM, AAPL
REIT's: DLR. OHI, DOC, WPC, VTR, HASI, NSA, CLDT
Tel Com: VZ, T
“Top Of The World Ma” That’s what Cagney said in the movie White Heat just before everything blew up…just like my portfolio in 2008. My investment style was always “Go For The Growth, That’s Where The Big Money Is”. I was successful for the most part until I watched 66% of my portfolio disappear back in 2008 (in my taxable account). Greed & fear are a funny thing, keeps you from buying when you should and selling when you must. Currently rebuilding portfolio for dividend growth income. At this time long CL, CVS, PEP, KHC, PM, HD, DIS, TJX, CVX, KMI, MET, WFC, AMGN, CELG, EPZM, BA, GE, HON, UPS, IP, ASIX, CSCO, HPQ, AAPL, GOOG, FB, CRM, UA, SGMO, TMO, LEMIF, REE, SSRI, YELP, CCI, WEC, SO, VTS, JNJ, KO, D, PG, GIS