Retiree interested in stocks and financial instruments, especially dividend producing stocks. In the 20th century, I was an electrical engineer with Dominion Resources. I use a dividend growth investment style. Quick rules of thumb for complex questions, like fair value p/e using the Gordon model, price = growth and total liabilities/total assets ratio for leverage calculations provide a starting point for my investment decisions. As a retiree, preservation of capital is paramount.
Retired investor, focused on DGI (including REITS), invested in SWANs and moats w strong balance sheets/cash flows that are steady growers. With these investments, holding period is long-term making it easier to own a great company issuing dividends regardless of manic-depressive Mr. Market correction/bear market gyrations. Currently reinvesting divvies in deferred accounts. Compounding, 8th wonder, but div reinvestment with div growth = exponential returns = 9th wonder!
3/4 of the way there! Trying to figure out how to get to the "ent" from our retirement that we had originally planned.
We hold shares in AAPL, ABBV,BA, BAC, BIP, BK, BP, BX, CAG, CL, CG, CSCO, COST,CX, DOW, FPI, FTR, GE, GLW, GS, GSK, HD, HTM, JNJ, KMI, KO, LMT, MFC, MMM, MS, NKE, PCP, PEP, PMD, SFL, SLF, STB, STKL, TAL, TEF, UL, UPS, UTX, V, VALE, VOD, VZ, WILN, WPRT, WRN on the American side and mostly financials and commodities on the Cdn exchanges.
Love dividends, but still dabble a wee bit in "spec"
I am 71 years old and have owned several manufacturing and retail businesses since I was 23. My current business is in it's 35th year.
My first stock was 10 shares of Xerox given to me by my grandfather as a birthday present when I was 12. I really became involved in the market in the mid '60's and have been a self-directed investor since the early '80's. My wife and I have 2 IRA's, a Roth and a taxable account. I also advise and manage accounts for some family members and friends.
My current goal is building dividend income for retirement, which is still a couple of years off.
I am a conservative, long term, dividend growth investor, not a trader. When I get a stock I like, I will stick with it, as long as the fundamentals have not changed. Some have been held for 30+ years. I usually drip all dividends. I like quality, best of breed stocks that pay at least 3.5-4% or more with dividend growth of at least 8% for the last 5 years, at the time of purchase.
Examples would be mo and pm which are core holdings and are my 2nd and 3rd largest positions.
There is also a small section of my portfolio that I use to add a little growth, v and patk would be examples.
Holdings include: aapl cvx cys d dmo eto f fbiox ffc fnmix fselx fsphx ftr ibm jpc kkr kmi main mcc men mic mmp mo myd ne newm nrk nrz o ohi patk pdi pff pflt pfxf phk pm pmt pnnt psx rai snr so t tcrd tpz utg vgr v wfc wpz
Having recently started building a long term strategy for a dividend growth portfolio, I am interested in improving and learning better ways to identify and evaluate the future great dividend stocks.
I put a lot of faith in numbers and math, but where I need improvement is avoiding this garbage in and garbage out tendency and better understanding FCF valuations and projections.
I have been a dividend investor since my retirement in late 2003. I diversify by sector, domestic vs. international, and by cap size. I do not invest in stocks that don't pay dividends. I am risk averse and limit my investment in a single equity to 1% of my total assets or less. As a result of this 'rule', I have more than 100 equities in my portfolio.
Al Selbst is an Endodontist, teacher, lecturer and author. He is the founder of Houston Endodontic Specialists and Fort Bend Endodontic Specialists. He is a clinical professor of Graduate Endodontics at the University of Texas Dental School, Houston. His investment interests are in dividend strategies and the energy sector.