I am an engineer from the first few years of Gen-X and began my interest in investing in my teens with a single share of stock (T) from my Bell System grandfather before the breakup. I am one of the fortunate few of my generation that will have access to a pension that will make up a good chunk of my retirement income. Ever since my first "real" job, I have tried to save some, tithe some, and spend some with the goal of being able to have a portfolio large enough to pay for my retirement independent of the pension or government support. Most of my investments are in IRA, 403(b), and 401(k)--some of this money has limited choices, but some is available for individual stock purchases. My DGI portfolio (PhoolsGold) contains a suite of stocks that fit with the beliefs I outline below. PhoolsGold is mostly settled and currently contains: AAPL, ABBV, AFL, APD, CLX, COP, CSCO, CSX, CVX, EMR, GILD, GIS, INTC, JNJ, KMB, KO, KRFT, LMT, MCD, MMM, MSFT, NWN, O, OHI, PG, QCOM, SBUX, T, TCAP, TGT, VZ, WEC, WFC The Beliefs of PhoolsGold - I believe in the power of DGI and maintaining a portfolio of companies 1) that will eventually provide me a growing income in retirement, 2) that are good companies I know, use, interact with, and understand, 3) do not require continual care and feeding. - I believe in purchasing DG stocks on David Fish's CCC lists (i.e. corporations with a commitment to paying and increasing dividends) and utilizing Chuck Carnevale's F.A.S.T. graphs. - I believe in having a portfolio of DG stocks that has a dividend yield on average >3.5%. - I believe in buying new positions that have a greater than 2.5% DY. - I believe in stocks with consistent >7.2% DG in 1-, 3-, 5-, and 10-year historic views (double in 10 years) and with positive slopes in the DG. - I believe that some version of the Chowder Rule is a metric in my evaluations. - I believe in stocks with forward estimates (5-yr EG >6%) suggesting that these dividends will continue to be raised consistently in the future. - I believe in paying attention to my portfolio but not being too active. - I believe in balancing the portfolio so that no one stock is more than twice the percentage of the portfolio than the "average" in PhoolsGold. - I believe I am an investor not a trader. I believe that buying a company at a good price for the right reason and getting the DG machine rolling is just as important as trying to buy a company for the 'perfect' price. - I believe in buying and reinvesting, but not in margins, options, shorts, puts, or calls. - I believe in, when I can, choosing companies that are from regional areas important to me and that support their local communities. - I believe in usually sticking to these rules. - I believe that this is my approach. I believe that it will NOT be your approach. I believe in the old adage "Listen to everyone, but don't listen to anyone." - I believe in carefully considering all the excellent advice on SA, but believe even more that I have to decide for myself what is right for me. - I believe that my goal is to make sure that this Phool and his money are never parted.