Sasha, academic, social sciences, dividend (growth) focus, long only, at SA since 2013 . Objective 2016: increase passive income by (1) continuous investments [approx. 1260$/month] and (2) dividend growth. If (1) seems impossible: Spend less! Live a frugal (but happy) life.. Objective 2015: increase passive income by (1) continuous investments [approx. 1200$/month] and (2) dividend growth. If (1) seems impossible: Spend less! Live a frugal (but happy) life.. Objectives for 2015 achieved. Portfolio yield y-o-y (14-15) approx. +16%, approx. +8% when excluding dividends from additional investments. Even when controlling for additional investments, overall portfolio value has increased slightly (but that's tertiary).. Long: AAIGF, AAPL, APTS, ARCC, BOSSY, BRG, CCLP, CCP, CORR, CPOKY, EIFZF, ETJ, ETY, IRT, LVS, LXP, MAIN, MPW, NRZ, OHI, SBUX, SNH, TCEHY, WPC, VER . Most recent purchases [latest on top] [see StackTalks]: ETJ (initiated) CPOKY (initiated) SBUX (initiated) BOSSY (initiated)OHI (added) APPL (added) NRF (initiated)NRZ (initiated)ETY (initiated)NRE (added) NRE (initiated) HCP (initiated again) CCP (initiated) VER (added) AAIGF (initiated) TCEHY (initiated) SCHD (added) EMR (added) OHI (added) WPC (added) MAIN (added) MPW (added) OHI (added) BRG (added) STOR (initiated) MAIN (added) EMR (added) EMR (initiated) LVS (initiated) AAPL (initiated) SNH (added) CORR (added) O (back again, took profits in January 2015) IRT (back again, took profits during recent sell-off in June 2015) STAG (added) WPC (first time + added) OHI (back again, took profits in January 2015 + added) . Most recent sales [latest on top] [see StackTalks]: BRG (trimming to take some profits)NRF/NRE (no promising development, loss) HCP (dividend future blurry, profit) O (great company, but overvalued, I'll be back, profit)STOR (taking profits) UHT (HCP provides better opprtunities now, profit) HASI (I take the profits, wait for correction, profit) FSIC (air is getting thinner, still good company, profit) KMI (good company, but do not fight the market, profit) HCLP (good company, but do not fight the market, loss) BACHF (situation unclear, profit) HCP (situation unclear, profit) O (love it, but overvalued, I'll be back, profit) OHI (love it, but overvalued, I'll be back, profit)
Senior Portfolio Manager and individual investor who started in high school and has been at it ever since. I have an MBA and have earned the right to use the Chartered Financial Analyst designation. I have worked in the business for over 15 years. My specialties include fixed income closed-end funds for generating income during retirement, micro and small-cap value investing, and macro analysis.
Derek Getz is an individual investor seeking to navigate the investment world in order to provide a wealthy and stable retirement for his family. His aim is to help fellow investors, notably younger investors, establish a plan to produce a growing stream of income. Derek holds a Bachelor's degree in Computer Science with a minor in Economics from the University of Delaware and lives with his wife and two children.
Time management is essential to monitoring a 47 position portfolio. My 1st comment concludes with "Rich-unck:xx hrs"; I uncheck from the article to avoid repetitive comments, nonsense, and (most) arguments. I extend another XX hrs when I respond to a question or comment...I also respond to all PMs.
BACKGROUND My journey as a self-directed investor (SDI) began in 1973, and resulted in financial independence at age 52, which also allowed me to retire from corporate life the following year (Feb 1995).
I have no special knowledge not attainable by others who also dedicate themselves to the study of the economy, market, and stocks...I could cease all portfolio management today, and place it with a professional manager; however, I enjoy the psychic and financial rewards. Alternatively, I could become a passive investor via mutual funds and/or index ETFs (those works too! ). With few exceptions, As a rule, Rich only discusses his IRA here--it is only a portion of his and Joyce’s investment assets.
INVESTMENT PHILOSOPHY If you ‘lived for today’ over the past 5 or 6 decades, you better invest in lottery tickets. The most probable path to a financially secure retirement is the product of an investment program (either active or passive) started when relatively young; living on less than all your after-tax income (saving means delayed gratification); and either self-directed or via professional management, adopting a sensible strategy suitable to age and comfort zone. There is wisdom in flexibility, diversification, and not being life-long wed to any strategy. It is appropriate to take greater risk for greater rewards (sensible growth stocks) when younger, as those are our lowest earnings years combined with our highest expense years--in the years between early investment and retirement, investments in solid growth companies can double 8 times or more.
There is time to adjust allocations to a more conservative strategy when closer to retirement. Never assume you have an information edge over the professionals. Time-in-the-market is your principle advantage. When/if you become interested in dividend stocks, never forget both price return and dividends compound, and price more so.
Financial independence is achieved when one has sufficient confidence his/her lifestyle will not change significantly, regardless of the potential depth or breadth of decline suffered by their portfolio--including a prolonged series of bear markets such as 1929-37. True, the recent 18-month bear market ending mid-2009, was deep--but also too brief to consider its lack of widespread dividend cuts to be as proof a portfolio of dividend-payers won't suffer income losses in a more prolonged decline (i.e., no portfolio is "dividend bulletproof").
The balance of this profile is lengthy, and likely not helpful to passive investors who simply go along for the ride, their portfolios bobbing up and down like flotsam in the ocean; their course always subject to the whims of winds, waves, and trends...THIS IS YOUR ONLY WARNING!
PORTFOLIO GOALS Now in my 70s, it’s no longer appropriate to engage in the growth strategies applied in wealth accumulation. As a more conservative investor, 100% of his portfolio consists of dividend-payers. 95% of positions have investment grade credit ratings (the lone exception is a REIT).This combination, along with having companies in 10 of the 11 S&P GICS sectors (none in Materials at this time) provide a measure of diversification. This IRA portfolio holds no bonds, though bonds and other investments are held elsewhere.
Maximizing total return and wealth preservation are mutually exclusive. A key observation: Having the capacity for risk is not the same as having the tolerance for it!
Rich’s objective is now a ‘smoother-ride’ that levels out the market’s peaks and valleys (limit losses, trim notable excess valuation). That smoother ride in an all-equity portfolio cannot be achieved without active management and continuous monitoring of positions--therefore TIME is an essential input to his portfolio management. Active management does not’ means frequent changes, as it is not unusual for a quarter or more to pass between a trimming or sale (nonetheless, when a company fundamentals change, or a mistake is made, corrective action is taken.)
STRATEGY SINCE 2008 Rich targets both legs of TOTAL RETURN (distributions + price change). His Growth & Income strategy often focuses on VALUE investing tactics applied to dividend-payers. Value investors seek out unpopular, companies most investors are avoiding (i.e., fundamentals have declined but credit rating is strong, BoD has implemented a rational recovery plan, and the dividend not in danger). Value investors seek to be paid to wait for other investors to recognize the stock’s value and assign it a greater share price. In any event, value stock or growth stock, Rich always seeks a ‘margin of safety’--no shares are bought at prices >FV, and his margin of safety is derived from dividends paid, price appreciation, and rising FV over time.
In all cases, value or growth, Rich selects well-established dividend-paying companies having a high-probability of growing earnings (growth of earnings is ESSENTIAL to growth of price and dividends). He tends to be flexible, forward looking, reactive to changing fundamentals, and willing to admit a mistake so action follows.
SDI is not easy, success is not assured, and in recent decades, advice from academics, and investment coaches, almost universally recommend index funds. Those NOT having the prerequisite time and interest are unlikely to develop the requisite skills for stock investing--thus the probability strongly suggests most newbies would be better served by indexing (Ben Graham wrote favorably of indexing). However, when done successfully, self-directed stock investing can offer rich psychic and financial rewards.
CORE PORTFOLIO Presently, +/-30 equities. Core holdings dominate at about 65% of total portfolio positions. Favored are traditional, large- and mid-cap, low-beta, best/near-best in class, institutional-owned, moaty, dividend-paying, value and growth stocks, having investment-grade debt ratings, and representing the consumer staples, healthcare, utilities, and telecom sectors.
OPPORTUNISTIC PORTFOLIO The remaining 15+ positions consist of equally well-known dividend-payers found among widely-owned cyclicals, such as financial, industrials, consumer discretionary, technology, real estate, and energy sectors are sensitive to the economy. In an expanding economy, cyclicals typically grow their earnings (and dividends) faster than do the typically slower-growing core companies. But because the reverse is also true, in a contracting economy, these positions are intended to be heavily trimmed to preserve gains as the economy peaks and shows evidence of decline. Some are susceptible to quite significant price declines when Mr. Market assumes their will suffer reduced earnings, and sometimes dividend-freezes/cuts, in anticipation of those events.
Rich is sometimes fully-invested, but unlike some, observes no such rule. Building a large cash cushion at the front-end of a correction/bear market (-20%) provides the dry powder required to both cushion the market's decline, and also creates the cash required to purchase excellent companies at below FV prices (without having to sell a position he wants to keep!).
TRIMMING POSITIONS When positions in either portfolio become significantly overvalued, they are trimmed by 5-10%, and the proceeds applied to fairly valued companies before the (almost always) temporary gift of over-valuation reverts to the price mean. If the position continues to advance, and absent other information, the position will be trimmed again. Added benefits to selective trimming include (1) serves as a more sensible method of rebalancing (as opposed to automatic--professionals do not use such a meat cleaver); (2) reduces the position's remaining Capital at Risk (which may suggest room for additional shares within an otherwise full position), and (3) provides the necessary dry powder to buy other shares at FV or below.
OTHER INTERESTS As we age, the importance of family grows. Rich has long volunteered in his community; over the years has served with distinction as member/chair of a number of advisory committees. Assisting others on SA is also a source of satisfaction and fulfillment.
Finally, having been blessed by years of excellent investment performance, Joyce and Rich have long been avid world travelers, and have visited over 60 countries over a span of 30 years (his SA avatar reflects the Taj Mahal in his sun glasses). They reside in Michigan--for 9 months of beauty, bliss, and family, and thoroughly enjoy wintering in equally beautiful Naples FL--for 3 months of sunny warmth and relaxation.
Life is good--it's been an unbelievably awesome ride!
Charles (Chuck) C. Carnevale is the creator of F.A.S.T. Graphs™. Chuck is also co-founder of an investment management firm. He has been working in the securities industry since 1970: he has been a partner with a private NYSE member firm, the President of a NASD firm, Vice President and Regional Marketing Director for a major AMEX listed company, and an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming his own investment firm, he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.
Simply Safe Dividends helps conservative dividend investors increase current income, make better investment decisions, and avoid risk. Brian Bollinger, CPA, runs Simply Safe Dividends and previously worked as an equity research analyst at a multibillion-dollar investment firm.
I am an investment professional focused on finding a sustainable path to earnings beats, preferably in beaten up compounders. I like investing in high quality companies, but my experience on the sell side taught me that it is hard to fight the power of a financial trend. Financial estimates, just like stock prices, are subject to human emotion. I believe big swings should be taken when Mr. Market and Mr. Estimate have created a compelling opportunity.
Hoping to retire in a few years on my 100% dividend stock portfolio.Stocks and ETFs owned as of Jan. 1, 2016: T, AEP, BKH, CCP, CINF, CTBI, CVX, COP, D, DLR, DUK, ED, EMR, XOM, ETO, EVT, ETG, ETY, GLQ, JPI, UTG, PDI, GIS, ERIE, GPC, HCN, HCP, JNJ, KO, KHC, LEG, LMT, LNTMAIN, AMLP, NNN, NWN, O, OHI, PEP, OXY, ORI, PG, RTN, SO, UHT, UTX, WPC, WEC, VTR, VVC, VZ.
Retired at age 60, currently age 62. Living off pensions and social security. I do not intend to draw on dividends before 2017. Portfolio positions as of 8 October 2016. Portfolio yield 3.64%.
The stock performance for each stock was extracted from FastGraphs on the day that I filed by Proxy Vote or when the stock was added to my portfolio which ever was sooner. Depending when the person bought the stock their stock, the Personal Rate of Return (PRR) would be different. For example a stock with low 2 year price return could actually have a much higher PRR.
Symbol : Yield % : 5 yr price perf : 2 yr price perf : Rating : % Portfolio
AAPL : 2.1300 : 18.50% : 24.6% : AA+ : 0.80%
ABBV : 3.5300 : 22.90% : 12.48% : A : 1.14%
ABC : 1.5800 : 23.59% : 22.82% : A- : 0.15%
ABT : 2.4000 : 10.45% : 8.85% : A+ : 0.59%
ACN : 1.9200 : 15.87% : 13.57% : A+ : 0.17%
ADP : 2.3700 : 12.81% : 3.52% : AA : 0.19%
AEP : 3.4400 : 15.80% : 15.45% : BBB : 0.45%
AFL : 2.2300 : 7.24% : 6.04% : A- : 0.28%
AGN : 0.0000 : 32.09% : 5.34% : BBB- : 0.14%
AHGP : 8.7500 : -6.63% : -35.24% : NA : 0.40%
AMGN : 2.3300 : 26.22% : 16.65% : A : 0.21%
AMP : 3.0300 : 12.80% : -2.60% : A : 0.17%
AMZN : 0.0000 : 27.68% : 34.58% : AA- : 0.57%
ANTM : 2.0900 : 17.22% : 22.84% : A : 0.17%
AOS : 0.9900 : 29.64% : 31.79% : NR : 0.21%
APD : 2.2100 : 11.10% : 9.40% : A : 0.18%
APU : 8.1500 : 0.36% : -2.08% : NR : 0.43%
ARCC : 9.4400 : 4.98% : 2.63% : BBB : 0.26%
ARLP : 8.4100 : -6.88% : -34.26% : NA : 0.39%
AVA : 3.3200 : 14.45% : 16.98% : BBB : 0.56%
AVGO : 1.1300 : 36.46% : 57.16% : NR : 0.33%
AVY : 2.1200 : 23.60% : 29.20% : BBB : 0.17%
AWK : 1.9900 : 21.43% : 25.01% : A : 0.16%
AZO : 0.0000 : 24.83% : 55.01% : BBB : 0.23%
BA : 3.2800 : 14.06% : 3.28% : A : 0.31%
BABA : 0.0000 : xxxxxx : -3.10% : A+ : 0.09%
BAC : 1.8900 : -1.07% : -11.90% : BBB+ : 0.18%
BAX : 1.1000 : xxxxxx : 38.60% : A- : 0.18%
BBL : 5.6100 : -20.47% : -40.82% : A+ : 0.20%
BCE : 4.3800 : 9.20% : 7.70% : BBB+ : 0.27%
BCR : 0.4700 : 15.87% : 17.69% : A : 0.18%
BDX : 1.4900 : 13.13% : 17.17% : BBB+ : 0.25%
BERY : 0.0000 : 34.60% : 33.30% : BB- : 0.18%
BFB : 1.3300 : 15.90% : 4.40% : NR : 0.24%
BGS : 3.5300 : 18.60% : 23.90% : BB- : 0.17%
BIG : 1.6400 : 10.10% : 8.20% : BBB : 0.16%
BIIB : 0.0000 : 30.16% : -4.16% : A- : 0.14%
BIP : 4.8800 : 14.72% : 1.96% : BBB+ : 1.16%
BLK : 2.4500 : 20.0% : 8.6% : AA- : 0.18%
BMO : 3.9500 : 2.55% : -3.58% : A+ : 0.21%
BMY : 2.5900 : 23.80% : 18.51% : A+ : 0.51%
BNS : 4.1800 : -2.04% : -12.10% : A+ : 0.19%
BP : 6.9500 : -7.25% : -18.27% : A : 0.38%
BPL : 6.9500 : 6.70% : 0.90% : BBB- : 0.27%
BRKB : 0.0000 : 11.65% : 7.88% : AA : 0.43%
BSX : 0.0000 : 27.10% : 36.40% : BBB- : 0.17%
BUD : 3.1700 : 19.95% : 13.39% : A- : 0.19%
BURL : 0.0000 : 36.14% : 38.23% : BB- : 0.17%
BWLD : 0.0000 : 20.66% : -2.70% : NA : 0.09%
C : 1.3500 : 0.20% : -1.70% : BBB+ : 0.17%
CAH : 2.2500 : 19.00% : 7.10% : A- : 0.17%
CB : 2.1700 : 14.30% : 11.40% : A : 0.18%
CBRL : 2.9400 : 25.19% : 24.32% : NA : 0.17%
CCE : 3.1000 : 14.90% : 9.70% : BBB+ : 0.18%
CELG : 0.0000 : 27.70% : 17.00% : BBB+ : 0.15%
*CEQP : 11.4000 : xxxxxx : -54.30% : NA : 0.03%
CERN : 0.0000 : 14.00% : 7.90% : NA : 0.09%
CHD : 1.4200 : 19.60% : 19.30% : BBB+ : 0.26%
CHTR : 0.0000 : 28.40% : 17.60% : NA : 0.18%
CIM : 11.7400 : 4.00% : 9.90% : NA : 0.49%
CINF : 2.4800 : 17.21% : 17.92% : BBB+ : 0.18%
CL : 2.0900 : 13.25% : 5.21% : AA- : 0.76%
*CLMT : 0.0000 : 4.98% : -9.14% : B+ : 0.07%
CLX : 2.4300 : 17.54% : 23.68% : BBB+ : 0.51%
CMCSA : 1.6800 : 21.33% : 11.92% : A- : 0.19%
CMG : 0.0000 : 10.07% : -11.39% : NA : 0.16%
CNC : 0.0000 : 35.01% : 43.29% : BB : 0.17%
COP : 2.3600 : -4.80% : -21.40% : A- : 0.07%
COR : 2.7000 : 36.90% : 53.75% : NA : 0.19%
COST : 1.1000 : 17.35% : 18.07% : A+ : 0.18%
CRM : 0.0000 : 16.90% : 25.60% : NA : 0.17%
CSCO : 3.2900 : 5.57% : 9.93% : AA- : 0.18%
CSL : 1.3400 : 17.30% : 11.30% : BBB : 0.17%
CTAS : 0.9000 : 28.90% : 34.90% : BBB+ : 0.18%
CTSH : 0.0000 : 8.10% : 12.90% : NR : 0.18%
CVS : 1.8300 : 25.04% : 17.04% : BBB+ : 0.15%
CVX : 4.1900 : 2.46% : -3.37% : AA : 0.97%
D : 3.7000 : 13.00% : 19.10% : BBB+ : 0.16%
DEO : 2.9600 : 10.00% : 0.60% : A- : 0.06%
DG : 1.2900 : 21.08% : 21.25% : BBB : 0.15%
DHR : 0.7800 : 13.34% : 13.55% : A : 0.14%
DIS : 1.5000 : 22.21% : 19.32% : A : 0.17%
DLPH : 1.6400 : 35.08% : 6.88% : BBB : 0.16%
DLR : 3.5000 : 11.76% : 31.37% : BBB : 0.19%
DLTR : 0.0000 : 23.30% : 30.50% : BB+ : 0.21%
DPM : 9.2300 : 3.01% : -11.43% : BB : 0.28%
DPS : 2.2700 : 20.24% : 27.78% : BBB+ : 0.76%
DRE : 2.5600 : 12.28% : 16.54% : BBB : 0.23%
DUK : 4.2500 : 12.50% : 12.70% : A- : 0.06%
*DX : 11.4100 : 3.62% : -1.28% : NR : 0.31%
DY : 0.0000 : 30.14% : 43.01% : BB : 0.17%
EA : 0.0000 : 24.20% : 42.60% : BBB- : 0.17%
ED : 3.5600 : 10.56% : 16.59% : A- : 0.23%
EEP : 9.9700 : 0.67% : -5.48% : BBB : 0.30%
EPD : 6.0200 : 7.44% : -9.87% : BBB+ : 0.40%
ESRX : 0.0000 : 5.68% : -1.00% : BBB+ : 0.14%
ETE : 6.2700 : 8.60% : -22.67% : BB : 0.51%
ETP : 10.5300 : -2.21% : -18.34% : BBB- : 0.31%
EW : 0.0000 : 18.80% : 44.30% : BBB- : 0.17%
EXPE : 0.9500 : 18.72% : 20.52% : BBB- : 0.16%
EXR : 3.8700 : 36.50% : 36.20% : NR : 0.15%
FB : 0.0000 : 38.80% : 31.80% : NR : 0.59%
FBHS : 1.0000 : 40.63% : 15.67% : BBB : 0.17%
FDX : 0.9700 : 16.60% : 6.50% : BBB : 0.18%
FIVE : 0.0000 : 12.00% : 12.30% : NA : 0.16%
FL : 1.6600 : 26.42% : 14.76% : BB+ : 0.16%
FLO : 4.2000 : 11.46% : -4.11% : BBB : 0.16%
GAIN : 8.1300 : 8.20% : 8.50% : NA : 0.26%
GD : 1.9900 : 14.17% : 14.29% : A+ : 0.17%
GE : 2.9300 : 11.65% : 12.26% : AA+ : 1.17%
GILD : 2.4100 : 36.79% : 20.26% : A : 0.47%
GIS : 1.6400 : 18.90% : 15.10% : AAA : 0.84%
GLP : 12.2900 : -0.39% : -25.64% : B+ : 0.20%
GNTX : 2.0000 : 8.40% : 12.10% : NA : 0.15%
GOOGL : 0.0000 : 21.30% : 15.70% : NA : 0.60%
GPC : 2.5000 : 14.74% : 7.87% : NA : 0.17%
HAIN : 0.0000 : 22.70% : -10.97% : NA : 0.22%
HBI : 1.6200 : 30.60% : 4.80% : BB : 0.17%
HCA : 0.0000 : 23.10% : 8.70% : NA : 0.17%
HCN : 4.4700 : 9.78% : 11.85% : BBB : 0.18%
HD : 2.0400 : 30.78% : 31.90% : A : 0.48%
HEP : 7.2400 : 6.24% : 1.43% : BB : 0.38%
HFC : 5.1200 : 11.64% : -9.31% : BBB- : 0.10%
HII : 1.2000 : 34.40% : 26.40% : BB+ : 0.17%
HOLX : 0.0000 : 9.36% : 26.65% : BB : 0.17%
HON : 2.0300 : 14.00% : 6.12% : A : 0.19%
HP : 4.4700 : -1.08% : -23.03% : BBB+ : 0.17%
HRL : 1.5100 : 27.47% : 35.15% : A : 0.18%
HRS : 2.2900 : 15.51% : 14.05% : BBB- : 0.17%
HSY : 2.2100 : 15.70% : 12.70% : A : 0.17%
ICLR : 0.0000 : 23.30% : 19.30% : BBB- : 0.17%
INGN : 0.0000 : xxxxxx : 62.662 : NA : 0.18%
INTC : 2.9300 : 12.43% : 15.18% : A+ : 0.65%
ISRG : 0.0000 : 11.40% : 22.50% : NA : 0.16%
ITW : 2.1600 : 15.90% : 15.16% : A+ : 0.28%
JCI : 2.5500 : 16.00% : -1.20% : BBB+ : 0.17%
JNJ : 2.6700 : 16.26% : 10.03% : AAA : 1.24%
KHC : 2.7100 : xxxxxx : xxxxxx : BBB- : 0.91%
KKR : 5.6100 : 6.83% : -15.73% : A : 0.12%
KMB : 2.8600 : 17.57% : 11.88% : A : 1.10%
KMI : 2.3000 : -2.35% : -17.60% : BBB- : 0.82%
KO : 3.2200 : 8.22% : 9.19% : AA : 0.56%
KR : 1.4800 : 24.10% : 23.30% : BBB : 0.17%
LB : 3.1200 : 20.91% : 20.15% : BB+ : 0.18%
LEA : 1.0400 : 18.72% : 16.42% : BBB- : 0.17%
LEG : 2.6000 : 16.77% : 23.28% : BBB+ : 0.17%
LKQ : 0.0000 : 22.67% : 13.01% : BB : 0.18%
LLY : 2.6000 : 19.70% : 17.10% : AA- : 0.65%
LMT : 2.7000 : 25.31% : 20.36% : BBB+ : 0.64%
LNT : 3.0700 : 15.01% : 13.35% : A- : 0.16%
LOW : 1.8100 : 24.46% : 25.51% : A- : 0.24%
LXP : 6.3600 : 4.90% : 3.09% : BB+ : 0.43%
LYB : 4.0900 : 17.80% : -7.70% : BBB+ : 0.17%
MA : 0.7900 : 28.30% : 14.30% : A : 0.22%
MAIN : 6.4400 : 16.82% : 4.03% : BBB : 1.28%
MANH : 0.0000 : 46.39% : 27.39% : NA : 0.16%
MBLY : 0.0000 : xxxxxxxx : 6.50% : NA : 0.17%
MCD : 3.0800 : 13.40% : 16.83% : BBB+ : 0.82%
MCK : 0.6100 : 18.00% : 0.90% : BBB+ : 0.16%
MDLZ : 1.7700 : 6.95% : 13.94% : BBB : 0.37%
MDT : 1.8500 : 15.90% : 13.05% : A : 0.27%
MFA : 10.4600 : 6.40% : 4.91% : NA : 0.35%
MHK : 0.0000 : 25.90% : 19.47% : BBB : 0.18%
MHLD : 4.0300 : 14.59% : 5.27% : BBB- : 0.19%
MKC : 1.6800 : 15.60% : 16.76% : A- : 0.37%
MMM : 2.4600 : 14.32% : 13.68% : AA- : 0.52%
MMP : 4.6700 : 23.29% : 5.26% : BBB+ : 1.06%
MNST : 0.0000 : 35.60% : 50.30% : NA : 0.29%
MO : 3.6900 : 21.53% : 30.33% : A- : 4.09%
MPWR : 1.0500 : 35.40% : 28.50% : NA : 0.18%
MRK : 2.9200 : 14.47% : 3.08% : AA : 0.19%
MSEX : 2.2500 : 16.60% : 29.70% : A : 0.15%
MSFT : 2.4800 : 15.88% : 21.04% : AAA : 0.46%
MXIM : 3.2300 : 14.60% : 20.40% : BBB+ : 0.17%
NDSN : 1.0800 : 13.30% : 11.50% : NA : 0.17%
NEE : 2.8400 : 17.87% : 11.32% : A- : 0.27%
NHI : 4.4600 : 11.19% : 10.16% : NR : 0.41%
NKE : 1.0900 : 22.40% : 25.30% : AA- : 0.17%
NNN : 3.6200 : 14.65% : 17.07% : BBB+ : 0.40%
NOC : 1.6900 : 28.04% : 30.17% : BBB+ : 0.39%
NS : 9.1300 : -2.49% : -1.08% : BB+ : 0.20%
NUE : 3.0300 : 4.32% : 1.97% : A- : 0.29%
NVO : 2.0400 : 18.44% : 11.38% : AA- : 0.15%
NWBI : 3.9000 : 6.90% : 8.90% : NA : 0.18%
O : 3.6400 : 14.66% : 24.35% : BBB+ : 1.12%
OHI : 6.5900 : 13.60% : 4.70% : BBB- : 1.08%
OKE : 5.1900 : 6.05% : -31.20% : BB+ : 0.19%
OKS : 7.9700 : -0.49% : -22.65% : BBB : 0.61%
ORLY : 0.0000 : 35.75% : 33.68% : BBB+ : 0.27%
OXY : 3.9000 : -3.45% : -7.77% : A : 0.20%
OZRK : 1.6500 : 25.80% : 9.90% : NA : 0.17%
PAA : 9.7700 : 2.17% : -26.15% : BBB+ : 0.43%
PANW : 0.0000 : 24.90% : 29.00% : NA : 0.17%
PAYX : 3.0300 : 11.41% : 10.42% : NA : 0.17%
PCLN : 0.0000 : 17.70% : 3.80% : BBB+ : 0.19%
PEP : 2.7900 : 12.05% : 13.33% : A : 0.62%
PF : 2.2400 : 27.10% : 23.07% : BB- : 0.17%
PFE : 3.4200 : 13.30% : 4.98% : AA : 0.27%
PG : 3.0300 : 9.30% : 5.50% : AA- : 0.74%
PHK : 12.4200 : 1.61% : -9.95% : NA : 0.34%
PM : 4.0700 : 5.86% : 12.76% : A : 1.43%
PNNT : 14.2000 : -0.77% : -14.84% : BBB- : 0.37%
PPG : 1.4900 : 19.06% : 4.49% : BBB : 0.16%
PRGO : 0.6300 : 4.45% : -19.65% : BBB- : 0.16%
PSA : 3.1900 : 19.20% : 23.70% : NA : 0.15%
PSEC : 11.8100 : 2.60% : -8.47% : BBB- : 0.68%
PSX : 3.1900 : 29.23% : 9.16% : BBB+ : 0.21%
PTY : 10.5300 : 0.07% : -4.68% : NA : 0.18%
PYPL : 0.0000 : xxxxxx : 28.90% : BBB : 0.15%
RAI : 3.6800 : 24.59% : 36.25% : BBB- : 4.15%
RDSA : 7.5600 : -2.30% : -13.80% : A+ : 0.19%
REGN : 0.0000 : 45.40% : 14.60% : NA : 0.17%
RH : 0.0000 : 9.57% : -28.75% : NA : 0.13%
ROP : 0.6700 : 15.90% : 13.50% : BBB : 0.18%
ROST : 0.8600 : 26.79% : 26.65% : A- : 0.41%
RSG : 2.5200 : 10.97% : 18.05% : BBB+ : 0.16%
RSO : 12.6200 : 1.50% : -10.00% : NA : 0.16%
RTN : 2.0700 : 24.00% : 19.60% : A : 0.24%
RY : 4.0600 : 2.64% : -6.67% : AA- : 0.28%
SABR : 1.8600 : 26.00% : 4.10% : NA : 0.17%
SAM : 0.0000 : 11.32% : -18.77% : NA : 0.18%
SAN : 3.8800 : -9.81% : -24.95% : A- : 0.12%
SBUX : 1.4100 : 30.68% : 28.63% : A- : 0.27%
SCG : 3.2300 : 14.64% : 18.37% : BBB+ : 0.34%
SE : 4.5300 : 6.37% : -4.46% : BBB : 0.35%
SEP : 5.7700 : 10.58% : 5.19% : BBB : 0.31%
SFL : 11.7800 : 8.20% : 2.20% : NR : 0.16%
SHW : 1.1700 : 25.72% : 19.33% : A : 0.17%
SJM : 2.1200 : 16.30% : 20.90% : BBB : 0.34%
SKX : 0.0000 : 37.90% : 52.10% : NR : 0.13%
SLB : 2.4600 : 2.60% : -11.90% : AA- : 0.17%
SNA : 1.5700 : 21.80% : 16.00% : A- : 0.17%
SO : 4.3600 : 9.21% : 10.10% : A- : 0.42%
SPH : 10.5400 : -6.24% : -16.92% : BB- : 0.24%
SQ : 0.0000 : xxxxxx : 17.67% : NR : 0.14%
SRE : 2.8800 : 16.50% : 5.20% : BBB+ : 0.16%
STZ : 0.9600 : 47.00% : 34.20% : BB+ : 0.30%
SUN : 10.8100 : 20.11% : 9.95% : BB : 0.11%
SWK : 1.8800 : 10.50% : 15.30% : A : 0.19%
SWKS : 1.4900 : 17.39% : 45.24% : NA : 0.09%
SXL : 6.6400 : 15.22% : -19.71% : BBB : 0.71%
SYF : 1.9100 : xxxxxx : 9.90% : BBB- : 0.15%
SYK : 1.3100 : 13.43% : 16.79% : A : 0.18%
SYY : 2.3700 : 9.39% : 9.89% : A- : 0.33%
T : 4.6800 : 8.88% : 8.82% : BBB+ : 1.61%
TAP : 1.5900 : 16.77% : 28.56% : BBB- : 0.30%
*TCAP : 8.9600 : 11.49% : -1.16% : NA : 0.23%
TCP : 7.0500 : 4.87% : 10.45% : BBB- : 0.31%
*TCRD : 13.3900 : 3.40% : -0.80% : NA : 0.19%
TD : 3.7800 : 3.08% : -5.06% : AA- : 0.18%
TEF : 9.0300 : -10.90% : -14.70% : BBB : 0.09%
TEVA : 2.2800 : 4.70% : 6.23% : BBB+ : 0.15%
TGT : 3.3800 : 12.40% : 16.60% : A : 0.37%
*TICC : 18.1300 : -1.23% : -11.39% : NA : 0.12%
TJX : 1.3200 : 22.90% : 12.80% : A+ : 0.17%
TLP : 6.3500 : 1.11% : -15.37% : NA : 0.36%
TMO : 0.3900 : 19.90% : 15.90% : BBB : 0.19%
TOO : 8.2100 : -12.52% : -49.45% : NA : 0.09%
TOT : 5.6700 : -0.40% : -12.90% : A+ : 0.23%
TRGP : 8.2600 : 6.85% : -31.95% : BB- : 0.30%
TSCO : 1.1300 : 25.50% : 19.10% : NA : 0.15%
TSN : 0.7900 : 30.81% : 29.26% : BBB : 0.18%
TWO : 11.0200 : 6.23% : -1.78% : NA : 0.17%
TWX : 2.0300 : 23.5% : 24.1% : BBB : 0.17%
TXN : 2.1700 : 13.6% : 16.70% : A+ : 0.17%
ULTA : 0.0000 : 31.10% : 53.10% : NA : 0.18%
UNH : 1.8200 : 22.90% : 34.60% : A+ : 0.17%
UNP : 2.2900 : 14.57% : 0.07% : A : 0.17%
UVE : 2.3200 : 30.10% : 14.30% : NA : 0.17%
V : 0.6900 : 34.23% : 17.68% : A+ : 0.28%
VFC : 2.3100 : 19.70% : 0.90% : A : 0.17%
VGR : 7.2300 : 15.19% : 9.73% : B : 1.22%
VLO : 4.3100 : 17.15% : 9.87% : BBB : 0.18%
VRSN : 0.0000 : 30.40% : 19.40% : BB+ : 0.15%
VTR : 3.9700 : 6.40% : 4.77% : BBB+ : 0.35%
VZ : 4.3000 : 9.40% : 6.91% : BBB+ : 0.63%
WBA : 1.8700 : 16.72% : 21.55% : BBB : 0.74%
WEC : 3.2800 : 15.77% : 13.26% : A- : 0.15%
WES : 6.4900 : 10.30% : -11.06% : BBB- : 0.97%
WFC : 3.0700 : 11.90% : 3.53% : A : 0.45%
WM : 2.5500 : 12.10% : 20.10% : A- : 0.19%
WMT : 2.8000 : 7.10% : -4.40% : AA : 0.22%
WPC : 5.8900 : 16.90% : 6.90% : BBB : 0.19%
WPZ : 9.0900 : xxxxxx : -53.62% : BBB : 0.22%
WSO : 2.3000 : 21.40% : 28.60% : NA : 0.17%
WTR : 2.4700 : 12.92% : 12.95% : NA : 0.17%
XEL : 3.2600 : 13.28% : 16.58% : A- : 0.17%
XOM : 3.4200 : 3.67% : 2.38% : AA+ : 0.54%
++SPY : 1.90000 : 13.30% : 7.80%
++SPY added as a comparison benchmark.
* Indicates stocks that I might sell.
New additions JAZZ, MAS, SPR, VNTV, THO, FISV, AMT, QCOM (previously owned), AMAT, ATVI, NVDA, FDS, FTV (spin-off), ASIX (spin-off), VSM (spin-off), and NVEE. Total positions held 302.
In general there seems to be a correlation between high yield and substandard stock price performance (total return).
Data Center Knowledge - Contributor: writing about data centers REITs -- a new and growing asset class -- attempting to bridge the gap between technology & traditional REIT investors.
Researching and writing at the corner of Main St. & Wall St. where real estate often intersects with trends in: technology, ecommerce, office/industrial, healthcare, cloud computing, energy infrastructure & green initiatives.
Recently covered breaking news and actionable ideas REIT ideas for Benzinga "REIT Beat," now Contributor/Sr. REIT Expert. Select articles featured on Investopedia.com, Seeking Alpha, and published on Yahoo! Finance, Google, MSN, Finviz and many other financial portals. Recent Select Freelance contributor for Motley Fool, writing about REITs and real estate topics for the Financial Bureau.
I have over 25 years of experience as a: developer of institutional quality office and industrial facilities, general contractor, homebuilder, managing general partner for private limited partnerships, and have performed consulting and transactional real estate services for others, including entitlements for planned commercial/office/industrial developments.
Past job experience included: V.P. of Energy Services for a Florida based Mechanical Contracting company, which subsequently was acquired by EMCOR (NYSE: EME). Responsibilities included development and "financial engineering" of projects to reduce energy consumption and total cost of ownership solutions, partnered with the two major Florida electric utilities, and private companies, (including Enron Energy Services!).
Education: UCLA - BA Economics, including graduate coursework in Real Estate Finance.
Masters Degree from St. Thomas University - Miami, FL
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.
I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.
A mid-30s ex-venture capitalist and investment banker (finance degree)...now a serial startup CFO. I used to look for yield in all the wrong places, but have created a modified dividend growth (DGI) strategy that works for me.
Investor in dividend stocks with a promising future ;-)
ABT, ADM, BBZ, BDX, CSCO, D, DE, FLO, GE, GIS, GPC, HASI, HD, HRL, IBM, JCI, JNJ, KHC, KO, LMT, MSEX, MSFT, MMM, MO, OHI, PAYX, PEP, PFE, PG, SO, QCOM,T, TGT, THW, UN, WMT, WTR
Single male 60,retired for now,.
Mr. Bollinger is the founder and CIO of Magnolia Realty Advisors. Prior to founding Magnolia, he was with KBS Realty Advisors in Atlanta, GA for 5 years, where he helped oversee a $500M portfolio of commercial real estate. Prior to KBS, Mr. Bollinger was a consultant to the CMBS industry in New York City for 3 years, supporting clients such as Merrill Lynch and Bear Stearns. He earned an MBA from Vanderbilt University and a BS in Industrial Engineering from Virginia Tech.
-I have been investing since the fall of 2008 and invested through one of the most difficult investing periods in history and know the importance of dividend growth and stability during those times as well as during the good times. I started writing for Seeking Alpha a little over three years ago and I have been successful with the companies I write about, which is shown by my high TipRanks success rate (Link Below). https://www.tipranks.com/bloggers/brad-kenagy
Retired Pharmacist. Call me Rose. Nose= Knows enough to know I need to keep learning and keeping a great dividend paying nest egg growing upwards. I also enjoy total return, but it is not my primary goal, it just happens to follow when buying great quality companies.
My 88 stock portfolio is listed here by sector, largest holding by value is listed first. Updated 10/20/2016.
Consumer Defensive (15): KO, PM, GIS, MO, TGT, KMB, CVS, DEO, PG, PEP, MDLZ, CL, KHC, UL. RAI -
Consumer Cyclical (8): MCD, SBUX, GPC, NKE, HAS, MAT, VFC, HD -
Healthcare (7): JNJ, ABBV, AMGN, CAH, BDX , GILD, PFE-
Energy (4): XOM, CVX, OXY, VLO, -
Tech (2): ADP, CSCO -
Industrial(8): BA, UNP, MMM, CMI, GWW, LMT. -
Financial (8): NRZ, ARI,, LADR, BXMT (mREITs) TROW, MA, V, WFC,
MET , CTO -
BDCs (7): ARCC, MAIN, PNNT, HTGC, NEWT (small), PSEC, GAIN -
REAL ESTATE or
Healthcare eREITs (5) : OHI, VTR, HCN, NHI, CCP, -
Equity Reits (12): WPC, DLR, O, CLDT, STAG, LXP, UBA, SNR (small), APLE, SPG, NSA -STWD (hybrid)
Telecom (2): VZ and T -
Utility (10): SO, D, XEL, MGEE, WEC, DNP, LNT, CNP, EXC, FE -
DNP is a CEF which predominately holds Utilities.
After 8/28/16, I will be writing no more than 4 substantive Instablogs per year. Those blogs will be published in March, June, September and December.
Those blogs will concentrate on matters relating to portfolio positioning.
I will be posting substantive comments to my last published Instablog.
I have not used, nor will I even contemplate using SA's Instablog service as free advertising to sell a subscription service.
I have never received any compensation for the posts published at my blog website or here at SeekingAlpha. I am simply passing on what I have learned as an investor over 4+ decades free of charge. In all of my 2000+ posts since early October 2008, the primary purpose was to provide a framework for rational and fact based investment decision making that will hopefully reduce the number of errors made. That goal has been accomplished for the very few investors who have some interest in receiving it.
My most basic investment strategy is to focus on income generating securities and then to invest the cash flow into more of the same, creating a compounding impact over a long period of time. I will invest in securities throughout the capital structure on a worldwide basis. I am now and have always been a cautious total return investor (income + capital appreciation). A focus on income generation simply means that income generation through interest or dividend payments is an important part of my total return objective. I am no longer in an asset accumulation mode. Capital preservation is more important than capital appreciation. Income generation is only one aspect of an objective evaluation of potential rewards balanced against potential risks. After several decades of "turtle" investing, which sometimes requires me to pull my head back into the shell and to cease foraging in stock land (e.g. 1999), I am now admittedly absurdly diversified due largely to one of my risk management techniques that limits my monetary exposure to the securities of a single company. My monetary exposure is largely dictated by a balancing of potential risks and rewards taking into consideration income generation and potential for capital appreciation. As a risk control trading technique and in furtherance of my capital preservation emphasis, I will frequently use the natural volatility of a security to gradually build up a position, selling the highest cost shares on price spikes and buying back those shares when the purchase is lower than my average cost per share usually by more than 5%. The general idea is to lower my average cost per share over time with tax efficient share dispositions, thereby increasing my dividend yield for the remaining shares. I have also been a practitioner of dynamic or tactical asset allocation that will be driven by my big picture views, including my Vix Asset Allocation Model, as well as my opinions about the relative risks and opportunities of various asset classes. I was born in 1951, and started to invest in stocks when I was 16. I am not a financial advisor, but simply an individual investor who has been managing my own money for my adult life starting when I was a teenager. All of my brokerage accounts are cash accounts. I have never bought stock on margin. I have not added money to any of these accounts since 1984 and have used those accounts to fund my annual IRA contributions. I started my web site, Stocks & Politics, in October 2008 to do whatever I can to help individuals become better investors, which requires a lot of hard work and effort. After over 2000+ blogs, mostly long ones, I came to a realization that my time consuming and laborious efforts have been mostly futile and have been rewarded at best with faint praise. I will no longer be posting there. I would still emphasize that it is important for individuals to become as knowledgeable as possible before making any decision, with every individual taking full responsibility for their investment decisions and to prepare accordingly, which is what I try to do. The Twitter Generation will need IMO far greater investment skills than previous generations given what I now perceived about future U.S. economic conditions.
David White is a software/firmware/marketing professional and a long time investor. He has worked in the networking field, the semiconductor equipment field, the mainframe computer field, and the pharmaceutical/scientific instrumentation field. He has bachelor's degrees in bioresource sciences and biochemistry from U.C. Berkeley. He is a former Ph.D. student in biochemistry. He has done significant graduate work in EECS and business at Stanford (through SITN) and UC Santa Cruz. He was awarded a Certificate in Advanced Software Systems (about 1/3 of an MS in EECS) by the Stanford Computer Science Department. He also took most of Stanford's undergraduate Computer Science curriculum.
Sorry I hide my true identity but I'm a physicist/engineer, native contrarian and idea generator. I am an eclectic dividend investor with motto "In God We Trust, All Others Pay Cash" applied to companies I invest in.
I like to read /and read a lot - did you look on my SA photo 8-)? / including popular and academic investment books and papers. After 200+ books I concluded that many (but not all) finance academics failed to delivery a good science because they usually are more concerned about match between their models and limited (in time and place) data-sets than about underlying assumptions of their models. On another hand, finance practitioners such as fund managers have different goals than I (for example, they want to outperform or replicate market each single year while my goal is to have smooth income from my investment and I don't worry to underperform in a bull market) and to some extend more limited in their choices than I (for example, with micro- and nano-cap stocks). It gives a chance for me as amateur investor to compete successfully with professionals in niche strategies such as dividend investment (see http://seekingalpha.com/instablog/725729-sds-seductive-dividend-stocks/266502-why-i-m-a-dividend-zealot-jan-31-2012).
My real portfolio consists of more than 100 dividend growth (DG) and high yield (HY) high quality stocks of USA and foreign companies with good history of dividend payments. I cherry-picked these stocks from the end of XX century in accordance with my ideas on diversification for income-equity investors ( http://seekingalpha.com/instablog/725729-sds-seductive-dividend-stocks/4183595-an-estimation-of-dividend-growth-portfolio-size). I also maintain artificial so-called "poor"folio of dividend stocks I use for self-education about market.
I understand that DGI is mostly trust in company's Board of Directors consistency and that HYI is mostly disagreement with market sentiment but both styles fit my goals and mentality,
My investor edges are
i) critical scientific approach (used in natural science rather than in liberal sciences) to finance academics ideas and strong selection between useful and worthless findings;
ii) quite predictable proprietary model of dividend reductions forecast in near future (couple years) that I have delivered from mix of hardware engineering ideas and physics concepts with finance data and behavior signals that allows me to sell stocks before such unpleasant event, and that I continue to polish;
iii) independence in time frames and market exposures forbidden for many finance practitioners;
iv) analyses of companies that are too small for institutional investors.
I have couple excellent ideas in dividend investing I'd like to capitalize, so serious requests are welcome.
I rather put my thoughts and ideas in SA Instablog and comments than in articles (I'm pretty busy/lazy/English-incompetent to perfect an article) but in all cases all standard disclaimers are applied. One of good things I have learned in Intel, that decision should be data driven. So I try to supply my ideas and thoughts with most relevant data. I love old Russian writer and dramatist Anton Chekhov principle "Brevity is the sister of talent" and think it is even more important nowadays with ocean of information in front of any investor. So, I try to follow this principle in my SA instablog and comments but please remember that "If I have more time, I would have written shorter".
Being a scientific journals referee I have a bad habit to find few weak points in almost any manuscript, so I probably too critical in some comments but I hope the article authors excuse me. I prefer communicate via SA email rather than inside comments (I usually turn off "Track new comments on this article" feature SA has). So send me a SA email if you have a question or would like to discuss my point of view.
Private Investor. Been in the Markets for 30+ years, mostly with the more well-known stuff. Have been successful utilizing the "buy-and-hold" strategy, but will trade when the situation warrants it. Have been using the investing principle of selling covered calls at times. This requires discipline, but can be very profitable.
My background is in Finance/Accounting. I have a diversified employment history, having worked in the Healthcare, Aerospace, Retail industries.
65 years old, been trading for almost 40 years. Take a long view, I have 100 % faith in long term fundamentals and use Technicals (MACD/RSI/MOM/Fibonacci) only to gauge entry/exit points.
I believe the bankers and heads of financial institutions responsible for the derivatives mess should all have had lengthy prison sentences of the type handed down to Skilling (Enron) and Ebbers (WorldCom). The District Court Judge said of Skilling:
"His crimes have imposed on hundreds, if not thousands of victims a life sentence of poverty."
And exactly what did the bankers, Goldman Sachs and the others do to have deserved a lesser sentence or even no sentence at all?
Thirty-four year old individual investor building my portfolio towards the goal of retiring with a steady stream of income. Dedicated to dividend growth investing. Looking for opportunities to learn from others and share my investing endeavors with the SA community.
Formerly known on SA as use "HighOnDividends".
Focus on blue chip (dividend Aristocrats and constituents of David Fish's CCC list), REIT, and energy holdings.
Diversified portfolio with 80+ positions, primarily focused on US, CA, and UK/AU/CH/IL (ADRs).
Created my own mini mutual fund without all the BS and MER and various stacked-on other fees imposed by funds and full-service brokers. I am my own personal mutual fund manager. How great is that!
Change for 2014/2015: Strategy continued the shift to more sustainable stocks with lower beta, high credit ratings (A- or better), and companies that have paid increasing dividends for a minimum of 10 years. And slowly away from lower quality energy/gas/oil names to the largest ones with the highest quality (retreat to safety).
Companies in portfolio must be profitable (i.e. positive net profit and EPS), dominant (i.e. market cap minimum $5 Billion), easy-to-understand, relatively recession-proof, with a current high yield or lower yield and high dividend growth rate (I follow the Chowder Rule explained here on SA).
Change for 2016: Stopped DRIPing after many years and now re-deploy dividends into new companies for further international diversification. Do not want to DRIP into full positions, because that inflates them to over-full positions. Dividends are re-deployed into new positions or to fill existing positions to Full status.
Moderate yield plays. Buy, hold + monitor strategy. Goal is to live solely off dividends in retirement.
Early retirement thanks to dividends, 2016. To those who said dividends don't work, u so wrong.
Short nothing. No options trading.
No fear, no ETFs, no mutual funds, no financial planners (all fired many years ago), no nonsense.
Keep it simple.
I'm a dividend growth investor in my mid 30s. I invested in poorly performing mutual funds in my 20s, but in the last couple of years have transitioned towards equities. Although the bulk of my stocks produce income, I also invest in stocks which are more oriented towards capital appreciation. Since I switched to a more entrepreneurial career, I'm hoping to live off my current dividends until I can get a reliable income stream going again. Think of me as a young retiree!
Retired, late 50's
Hold CFP designation. Passed CFP exam Nov 2000
Author of "IRA: A Quck Reference Guide". Available on Amazon as an e-book.
Author of "Retirement Investing for INCOME ONLY: How to invest for relaible income in Retirement ONLY from Dividends"
I am a Civil Engineer, who is married with three kids under the age of 5. In early 2013 I took a more active role in managing my IRA for retirement and decided to publicly share my experiences in building the portfolio. My hope is to provide a positive example for other young do-it-yourself investors as they save for retirement on a limited budget.
My interest in investing mostly began in 2005 when I started up an investment club with a few friends from college and has accelerated as I've been reading and learning along the way. Since then, investing and the stock market has become a passion and favorite hobby and I've enjoyed writing about stocks and sharing ideas I have here on Seeking Alpha.
My investing goals are to build a nest egg for retirement and fund college education accounts for my kids. I invest mainly in dividend paying stocks that have shown a history of consistent growth in earnings and dividend payouts.