I'm a writer for one of the country's largest pop-culture-type magazines and, at the same time, I am one of the world's worst investors. Did I sell an apartment in Manhattan's Flat-Iron district in late 1999, because I feared the Y2k problem? You bet I did. And so it has gone.
Even so, at the age of 60, I have managed to broom together quite a tidy little pile. And I hope to keep it. And grow it. Though I have my doubts, given my investment history, that any of this is possible in the long run. Or even the short.
Herein lies a chronicle of the life & times of my money.
Been nibbling at blue chip stocks, usually during corrections, for 20 years. Dividends reinvested.
5% of my time on investing, 95% work. Hopefully investments work out well, then I can reverse that.
I am a 25 year old construction manager, investing small amounts of income since 2011. My main investing focus is large cap, blue chip staples that pay a healthy, increasing dividend, and have a long history of doing so. My strategy has always been to buy and hold great companies.
Going forward, i hope to increase my portfolio in size, and eventually have a steady monthly income from dividends being paid out by my holdings.
Portfolio Holdings: MCD, GE, JNJ, PG, VZ, MO, SIRI, CVX
Tortoise #1 retired as a salesman in the Food Industry in January 1998 and became a full-time investor with the goal of generating more income from our investments. As I studied the stocks that we had owned for 20, 25, 30 & 35 years, I saw a correlation between the increasing dividends and the higher prices of the underlying stocks! And, this correlation has continued with the Dividend-Growth stocks that we have added since 1998.
Now 88 years old and married to Mrs.Tortoise for 65 years come 10/01/2014, our steady and growing dividend income has allowed us to live comfortably in retirement.
I read something years ago that I want to share with all of you who are preparing for a financially secure retirement: The purpose of this preparation is not to be rich although that certainly would be desirable. The realistic purpose is not to be poor as we approach and enter a long retirement!
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.