My new blog which tracks my business plan! http://retireby60.blogspot.com/ 33 year old investor looking to accumulate assets for retirement, with a focus on dividend growth and income. I aim to contribute $500/mo and have $2.5M in assets by 60. My style is a blend of dividend growth names and pure growth/speculation, with a target of roughly 75% and 25%, respectively. Within the dividend portion, I look at a blend of increasing dividend growth (div. history, Chowder ratio, 5yr projected EPS growth, etc.), dividend safety (S&P credit rating and quality ranking, beta, company economic moat), as well as valuation (FAST graphs, price vs analyst targets). I aim to be fully invested in this portion at all times. In the growth/speculative portion, I try to identify companies with deep product pipelines that haven't been noticed by Wall Street yet. My speculative piece, limited to 5%, is reserved for biotech and tech names that have catalysts or are potential M&A targets. Current Portfolio (Income): Staples: KO, PM, WMT Cons Discretionary: MCD, MAT Telecom: T, VOD, VZ Financial: None Energy: CVX, OXY Health: PFE Industrial: CSX, DE Tech: AAPL, QCOM Utilities: SO, XEL, KMI REITs: MFA, O (both held in Roth IRA) (Growth) AAPL - new products for 2014, ATRS - product pipeline, partnerships (Speculative) PSTI - allogenic stem cell play, AMRN, SCRC Last words: I want to thank Chowder, David Fish, David Crosetti, Chuck Carnivale, Robert Allan Schwartz and everyone else who contribute to the Dividends and Income section in SA. Your knowledge and wisdow continues to help make me a better investor.
David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior.
David is a Certified Public Accountant and previously worked as an auditor at a Big 4 accounting firm, SEC Reporting Analyst and financial systems administrator at a small private company.
Find the Sims On Finance Investing Podcast on iTunes, Tune In Radio, and Player FM radio.
I'm 54 yrs old trading stocks on and off for the past 13 yrs. I don't know how I came across Seeking Alpha and dividend investing but somehow I did. And the idea of compounding dividends thru reinvesting stuck in my head. After reading some articles on DGI, I convinced myself this is the right way for me. So starting April 2013, I started buying dividend paying stocks and even though I'm new, I already enjoy the feeling of getting a dividend being added to my account. I'm with Scottrade so I get to chose what stock to reinvest the dividend without commission. I've also convinced my 24 year old son to open a Roth IRA and a separate account after he maxed out his Roth. He was convinced after I showed him what Chowder is trying to do for his son. So far we have purchased KMB, KO, CLX, PG, GIS, CVX, BP, TOT, SO, WEC, D, KMR (now KMI), KMP(now KMI), INTC (sold), GE, VALE (sold), O, NNN, NHi, HCN, PM, MO, LO, LNCO (sold), WFC, RDS/B, XOM, JNJ, GILD (sold), EPD, D, MMP,
Tail end baby boomer. Enjoy learning about investing. Lurking here for now since every question I have come up with has already been asked and answered, so I need to just keep reading and learning.