What I've Learned From 10 Years Of Dividend Investing [View article]
Hi Rohit, Thanks for the feedback!. I have owned Canadian banks in the past (BMO, BNS in particular). Much like Australian banks, they have an oligopolistic industry structure, avoided much of the losses in 2008-2009 and have good returns on equity. I'm fairly overexposed to Australian banks currently, so haven't really looked at further increasing my banking exposure further.
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks User, I think a long term strategy of building a solid defense with wide moat positions and then sprinkling in some stocks with high dividend potential is a solid way to grow long term dividend income. If selected right, the high growth dividend payors should turbo your dividend income over time. I also like Cisco for its future dividend potential.
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks for the comment Mironsa.
I think the main reason I haven't gone after MLP's and Trusts is that I don't find the transparency of their business models and how they fund their distributions as simple to understand as say, Coca Cola or McDonalds and how they pay their money. That maybe something I can get more comfortable with on further diligence, but for the moment, I feel that there are plenty of opportunities out there among industrial companies that I don't have to go further afield.
I hold positions in a taxable account, as I plan to start living off the dividend distributions in the not so distant future. As far as the tax comment goes, I consider the tax on qualified dividends and some of the social security tax and other savings a nice break when compared with ordinary wage income. Obviously complete tax shelter would be even better, but I'm happy to accept the discounted dividend taxes for now!
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks SDS!. That's an interesting article. My main concern with a dividend cut is what that says about the quality and sustainability of a company's business model, earnings power if they do have to cut dividends. I have been happy to hold some stocks in my portfolio that haven't necessarily raised dividends for several years (CME) for example. I've also held BP during the time it cut dividends as well.
What I've Learned From 10 Years Of Dividend Investing [View article]
Hi Ross, I haven't tracked total return as closely as I could have over the years. I have been much more focussed on the income stream that I have been generating. I will say though that my total returns post 2008-2009 have been significantly assisted by investments in some Australian mid cap dividend payers that have more than doubled in a very short space of time. I will be likely be tracking total returns much more closely going forward, but my main goal is ultimately the sustainable income that my portfolio produces.
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks progress, I'm also looking for prices to come back a little to buy up more quality positions. I'm not sure we'll see 2008/2009 prices again, but I'll surely be ready to be more aggressive this time round as well!
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks maybenot. My portfolio is mainly in positions offering 3%+ in terms of yield. I think thats essential to building up a strong income position. The smaller yielding stocks are just gravy, but not core.
What I've Learned From 10 Years Of Dividend Investing [View article]
steppo, I have definitely cut back on my use of margin from several years ago. it places you under too many constraints if things go south, you are unable to buy at the exact time when stocks are the cheapest. i used margin before to rapidly build up dividend income. my dividend income is now at a place where i don't feel i need to as aggressively build it up now. I now use margin more for timing reasons to make a purchase if I don't have immediately available income.
What I've Learned From 10 Years Of Dividend Investing [View article]
shourey, agree that there are few pockets of value currently that offer better than 3% yield. they can be found however in companies such as BP. A solid correction will probably bring better value
Why I'm Not Selling My Dividend Stocks [View article]
Buyandhold, that's very reassuring, and also not that surprising! I've always thought that dividend companies with wide moats that increased dividends will lead to significant wealth accumulation if left alone over a long period of time.
Why I'm Not Selling My Dividend Stocks [View article]
Buildingyield, good point. Redeployment of dividends into stocks that are still of high quality but at less demanding valuations may make more sense when a stock is considered to be fully priced.
Why I'm Not Selling My Dividend Stocks [View article]
Fred, I can vouch for the significant build up in wealth for holding a stock even over just a 10 year period. The folks that had an investment in Coca Cola in the 1970's are up almost 167 times their initial investment. ie $10k invested then is $1.67M today. Now that's a nice return!
Why I'm Not Selling My Dividend Stocks [View article]
I love the portfolio. That's some nice, high quality, top drawer stocks that you have there. I wouldn't be selling those either if I held them. I can claim MCD, CSCO. Many of the others I'd like to get my hands on.
What I've Learned From 10 Years Of Dividend Investing [View article]
Thanks for the feedback!. I have owned Canadian banks in the past (BMO, BNS in particular). Much like Australian banks, they have an oligopolistic industry structure, avoided much of the losses in 2008-2009 and have good returns on equity. I'm fairly overexposed to Australian banks currently, so haven't really looked at further increasing my banking exposure further.
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
I think the main reason I haven't gone after MLP's and Trusts is that I don't find the transparency of their business models and how they fund their distributions as simple to understand as say, Coca Cola or McDonalds and how they pay their money. That maybe something I can get more comfortable with on further diligence, but for the moment, I feel that there are plenty of opportunities out there among industrial companies that I don't have to go further afield.
I hold positions in a taxable account, as I plan to start living off the dividend distributions in the not so distant future. As far as the tax comment goes, I consider the tax on qualified dividends and some of the social security tax and other savings a nice break when compared with ordinary wage income. Obviously complete tax shelter would be even better, but I'm happy to accept the discounted dividend taxes for now!
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
I haven't tracked total return as closely as I could have over the years. I have been much more focussed on the income stream that I have been generating. I will say though that my total returns post 2008-2009 have been significantly assisted by investments in some Australian mid cap dividend payers that have more than doubled in a very short space of time. I will be likely be tracking total returns much more closely going forward, but my main goal is ultimately the sustainable income that my portfolio produces.
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
Integrator
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
What I've Learned From 10 Years Of Dividend Investing [View article]
Why I'm Not Selling My Dividend Stocks [View article]
Why I'm Not Selling My Dividend Stocks [View article]
Why I'm Not Selling My Dividend Stocks [View article]
Why I'm Not Selling My Dividend Stocks [View article]