The Parsimony community is made up of thousands of do-it-yourself dividend and income investors working toward one common goal...generating consistent income!Our strategy is simple:1. Buy great dividend stocks at reasonable prices.2. Enhance income with conservative option strategies.3. Manage risk through diversification and exit strategies.Our research (which includes dividend stock rankings, single stock Buy Zone reports, stock screens, and model portfolios) will give you all the tools you need to build and monitor your own DIY Dividend Portfolio and super charge that portfolio with conservative option strategies (cover calls and cash-secured puts). For more information about our subscription services click the links below: - DIY Dividend Portfolio- Triple Income Portfolio (stocks + options)
After working with, as opposed to depending on, professional managers for 20 years I decided 5 years ago to manage my own money. I have a diversified portfolio consisting primarily of stocks. However, I have small positions in some ETFs and mutual funds. I do not presently own any bonds - something I expect to ease into in the future.
I'm a Peter Lynch disciple. I like to understand, first hand, the stocks that I buy. For this reason I favor consumer discretionary, real estate, and retail stocks. In addition, I like companies with strong overseas sales.
I enjoy reading articles on line, in magazines, and in newspapers about companies, their leadership, their growth, and their earnings.I am happy with the annual returns I've posted - especially during the bounce back we experienced in 2010. I look forward to learning more about making "smart" investment decisions in the future as a result of the information provided by Seeking Alpha.
I am 60 years old and retired two years ago from Stanford U where I was a Financial Analyst.
I looking to preserve my wealth and also generate income from my portfolio for living expenses. I am looking into dividend growth investing which shows promise to provide some insulation from the schizo fluctuations of the stock market.