I am the author of Guiding Mast Investments monthly newsletter, focused on timely dividend paying stocks. In addition, my services include a review of individual portfolios along with education of portfolio management techniques. I have been a Registered Investment Advisor, financial author, and entrepreneur. I bring a variety of expertise to my clients, from personal investment planning and management to stock market analysis skills. I am the creator of the investment newsletter Power Investing with DRIPs focused on timely selections of dividend paying stocks. I have also published two books through McGraw Hill, All About DRIPs and DSPs, and The StreetSmart Guide to Overlooked Stocks. My work experience covers a variety of fields.Prior to being a RIA, I spent 15 years as a corporate manager at Georgia-Pacific Corp before venturing out on my own, operating several businesses from manufacturing to export marketing management. President Ronald Reagan appointed me to the National Advisory Council overseeing the Small Business Administration from 1988 to 1991. Now comes the obligatory disclaimers: The opinions and any recommendations expressed in this commentary are those of the author . None of the information or opinions expressed in this article constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this commentary constitutes investment advice and any recommendations that may be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. The information contained in this report does not purport to be a complete description of the securities market, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Expressions of opinion are as of this date and subject to change without notice. Either Mr. Fisher or his employer, if any, may hold or control long or short positions in the securities or instruments mentioned.
I had been strictly a DRIP investor. I hadn't had a brokerage account in years. Instead I looked for direct stock purchase plans and made small investments in dividend paying stocks. By dollar cost averaging small amounts over years I forced myself not to be an active trader. I'd hold for years with the plan to have a portfolio of dividend payers when I retire. Then I'd stop reinvesting my dividends and take them in cash.
I retired the end of June 2013. I also opened a brokerage account and have stopped reinvesting dividends and begun moving some of my stocks out of the DRIP plans and into my brokerage account. As I transition into the distribution phase I am being more deliberate in selecting dividend growth companies with higher yields. Though, I am not absolute on a certain yield percentage. I've recently bought some higher yielding stocks and REITs, but have kept many of my lower yielding stocks as long as they continue to increase the dividend. I'm still in a few DRIPs though winding them down.
For many years I have managed sales and marketing in North America for a vey large manufacturer. I am approaching retirement within two years and hoping to develop an income strategy that I can self manage. I'm most interested in generating income with growing the estate being secondary. I hope to generate about 80k per year whicle growing the principal slowly. I do have some financial management background and have been an investor using mostly mutual funds for many years.
Individual investor, by and hold, definitely more of a Benjamin Graham/Warren Buffett investor. I only use technicals to determine entry and exit points. Currently employed in real estate with a bachelor's in finance, but I am working on my CFA charter (taking Level 1 in December) and a Master's in finance.
Retired military officer, state employee, and university professor in other words, a man used to lying for a living. Too many college degrees, too much spare time, and too many cares with the world. In my youth, I sang the body electric and searched (in vain) for the cosmic giggle. I graduated from 3 universities that were fully accredited, brick and mortar houses of ill repute, although none had a football team (I didn't suffer from the lack of scalping football tickets). I have a wife, who has endured me 42 years but frankly I would have divorced myself if I could. Don't follow me. I am a pro ranter. I try to have common sense yet be uncommon when I invest. I don't fight the market mean, I proudly surf it.