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Dividend Yields delivers information, news and research on value stocks, growth stocks and dividend stocks.
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  • FEWENTZ
    , contributor
    Comments (10) | Send Message
     
    I'm a 76 yr. old retired Los Angeles County Deputy Sheriff living in
    Prescott, Az. since 1990. I was remarried after the death of my
    first wife, in 2007. I once trained as a broker/trader, and
    investor. My new wife is 21 yrs. younger and cannot inherit my
    excellent pension. For this reason I have invested over the past five
    years to create an income for her in the future. The result, by the
    grace of God, is that my initial $40,000 is now up over $600,000
    with an annual income of $50,000 so far. I'm in good health, and
    we enjoy traveling. Currently we are care givers for my mother-in-law after a serious fall resulting in a head injury. Frank & Liz.
    19 Apr 2012, 02:03 PM Reply Like
  • Dividends#1
    , contributor
    Comments (2387) | Send Message
     
    You sound like a good guy. I like SDRL also. It is about 12% of my entire retirement portfolio. However, I am wondering if you have 16,000 shares of SDRL that is almost all of your $600,000 in one stock. If that is the case, I think you have too much in one stock. The risk is quite high. What do you think?

     

    By the way how much of your $600,000 is profit? Are you saying you turned 40,000 into 600,000? Or did you keep saving, just curious?

     

    Also, is the entire annual income of $50,000 from SDRL?
    25 Jun 2012, 11:44 PM Reply Like
  • Dividends#1
    , contributor
    Comments (2387) | Send Message
     
    My comments above are for FEWENTZ.
    26 Jun 2012, 10:48 PM Reply Like
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