When I was a kid I was fascinated with the stock market and had planned on becoming a stock broker or analyst. While still in college earning my Finance degree, the internet changed the way people bought, sold, and analyzed stocks. This realization, as well as an internship at a large brokerage, turned me off from my original career goals. Since then, finance and investing has become my hobby instead of my career. I've always enjoyed discussing investments and giving friends and family investing advice.
I have been investing for 40 years. My wife and I retired 24 years ago and currently manage our portfolios. Our sole income is derived from these portfolios and Social Security. I have a BEE from Clarkson University (1958) and a MSEE from University of Arizona (1966).
The 4% Portfolio is designed to provide a smarter way for retirees to follow the 4% rule without having to sell a portion of their stock portfolio each year. Our portfolio is based around financially sound corporations spread across multiple industries who reward investors through regular dividend payments. When invested evenly among the stocks in our Portfolio, an investor will yield at least 4% in dividend income each year.
Your Money or Your Life - Joe Dominguez
The Intelligent Investor (Revised Edition 2006) - Benjamin Graham
A Random Walk Down Wall Street (6th edition) - Burton Malkiel
The Future for Investors - Jeremy Siegel
The Single Best Investment - Lowell Miller
F Wall Street - Joe Ponzio
One Up On Wall Street - Peter Lynch
Investing in REITs - Ralph Block
A Random Walk Down Wall Street (10th edition)
Light trader interested in dividend growth stocks. I own every S&P dividend aristocrat, and then some. The aristocrats form the foundation. I have ownership of more companies that I have placed on that foundation. I have several general rules about stocks. Rule #1: Do not buy a stock to sell it. Rule 2: Do not sell a stock you bought. Rule 3: If I am unsure if I should sell a stock, see Rules 1 & 2. Rule 4: If I really am going to sell a stock (fundamentals change, dividend frozen or cut, etc.,), then just sell it and do not look back. Rule 5: no foreign tax withholding (I do not want the money back later, I want it re-investing now, There are plenty of US and British dividend companies) and Rule 6: drip. drip. drip.