I'm a father and grandfather. I had a wonderful career as an art director and creative director in advertising, eventually leaving my "day job" to write and illustrate children's picture books. I've been investing for a long time with no formal financial background, but I'm learning every day. I consider myself a "Dividend Bull", and I always re-invested my dividends automatically from no-load mutual funds and stocks. In the past two years, I've become more aware of dividend growth stocks, and I have been re-balancing my portfolio to be more selective in choosing dividend stocks. In light of the last two turbulent years, I'm more convinced than ever that this is a good way to go, eventually stopping my re-investing and just receiving dividends in cash. I thank SeekingAlpha and many of the fine contributors for the many things I keep learning about investing.
Dividend Growth Investor since 2011.
In July 2013 we moved from a managed account with a mutual fund, stock and bond portfolio to our own Dividend Growth portfolio. I am still evaluating the current portfolio holdings as they fit in our DGI "Plan".
Update: June 2015 I am now fully retired and am following our plan for life long financial independence. Retirement and financial independence are two different life goals and as such should be treated differently. Now when I check our discount brokerage account I now look at the cash being generated rather than the total value. This income generating plan seems to be working just fine as dividends are being used to support our day to day life. We currently have a 4.1% yield, 4.4% YOC and 6% dividend CAGR.
My Father was a DGI for over 70 years and my parents lived off the dividends for over 30+ years showing me the way forward.
I continue to read S/A articles daily and am still learning from the many dedicated authors.
I volunteer my time to our High School First Robotics Team. It is amazing what these students can do over the 6 week build season.
There are certain stocks I will not buy and I like to have stocks of products we use. For example when we pay for gas the dividends from XOM, CVX and COP pays the bill and BCE, RCI and VZ pay for phone and internet. You get the idea. If there was only a good dividend vacation stock... Maybe CNK.
I am long on the following: Comments welcome on my holdings.
Info Technology; AAPL, CSCO, GOOG, GOOGL, MSFT, WU
Telecommunications; BCE, RCI, T, VZ
Financials; AFL, BRK-B, CB, PRU, TMP, USB, ORI
Industrials; CHRW, CSX, DE, EMR, GE, IBM, MMM,
Consumer Discretionary; CNK, DRI, LEG, MCD, SJR
Consumer Staples; CPB, KMB, KRFT, PEP, SYY, PG
Energy; COP, CVX, XOM, RDS.B, KMI, HP
Healthcare; JNJ, MDT, MRK, PFE, SNY
Utilities; D, DUK, PPL, SO, WEC, XEL, SCG
REITs; DLR, HCP, KIM, O, OHI, VTR, WPC, NNN
MLPs; SXL, ARLP, PAA
BDCs; MAIN, PSEC**
CEFs; GOF**' NIO** DMO**
* Being evaluated for sale and reinvestment.
** Speculative 1/3 positions
Oct2013 - Bought DLR on the dip hoping for a bounce.
Oct2013 - Sold EXC at a loss and bought XEL. EXC (left over from my adviser)
Jan2014 - Added ARLP to my wife's IRA, TGH and KRFT to taxable account on Jan dip
Jan2014 - Added VTR by taking the profits from WLP and STJ (left over from my adviser)
Feb 2014 - Added T on a dip at 32 ( I wanted this stock for many years and finally pulled the trigger.)
July 2014 - Sold LOW and AMAT, took profits and added to my SO holding in taxable account.
Sept 2014 - Sold TSCDY and VDC in our taxable account.
Sept 2014 - Sold VDC in my trad IRA and added HCP.
Oct 2014 - bought more XOM on the recent dip.
Dec2014 - bought more CVX and T on the recent dip.
Sold TGH, IBM at slight loss
Dec2014 - will transfer 50% of my 401k to trad. IRA. Let the buying commence.
March 2015 - All 401k money has been transferred to TIRA
Since Jan 1 2015 I have added to the following positions on limit orders to maximize value.
DUK, VZ, O, RDS.B, CVX, EMR, JNJ, VTR, WPC, OHI, HCP, DLR, PEP, T, KMB, RCI, PPL, GE
SCG, MAIN, NNN, PG, PAA, HP, NNN, ORI, (PSEC, NIO)**
Purchased KMI, KO, UTG, JNJ, MAIN and GILD on the Aug 24th "Flash Crash". Great bargains!
Dec 2015 sold BRK-B and WU at a gain to offset the KMI loss.
Jan 2016, Added my TGT, MMM, EMR and SCHD for my wifes IRA.
Bob is retired from a career in law enforcement including more than 20 years as an instructor of Investigative Interviewing. He is a Dividend Growth investor using dividend yield from low beta stocks for income and preservation of capital. Bob has self managed his portfolio since early in 2011. He hopes to encourage discussion among those already in retirement and receiving income from their portfolios.
My curent portfolio is available here:
I believe that everyone needs a portfolio business plan.
Here's a copy of ours:: http://seekingalpha.com/article/2426965-our-retirement-portfolio-business-plan-legacy-edition-part-two
A list of Dividend Growth Safety Superstars for the past decade is available here: http://seekingalpha.com/article/2255863-a-review-of-the-dividend-safety-superstars
OK, it's now about three years after I first started lurking around SA and one year into my retirement. Thanks to getting heavily back into the market in 2009 and jumping into the world of high div and high div growth stocks (MLPs, REITs, BDCs, CEFs, and some of the 4+% big cap div growth stocks), I can afford a few speculative trades now and then.
My timing was perfect with early to mid 2009 as a major entry point for me for 90% of my portfolio. However, my speculative trades and channel trades have not worked out so well timing wise, but I keep these trades to 5-10% of the total investment portfolio.
Currently, working on techniques to minimize risks to income from investments while minimizing the time required to maintain the stocks in the portfolio. Investment income and a pension from a high-tech company are more than enough to support my wife and I at 57 and 62 years, respectively, and we've decided not to draw social security early.
I continue to think SA is one of the best avenues around for learning and sharing about investing, and encourage everyone to always do their own DD. May one day become a contributor.
I am the editor of The Dynamic Dividend, a frequently-updated website about income investing. I use value investing principles to identify quality opportunities among dividend-paying stocks.
I have engineering background and have worked for 35+ years as a software engineer and a systems analyst in the computer field. I am over 60 and have retired recently. Over the years, I have invested in mutual funds and ETFs but was caught off-guard by the 2008 market crash. So, I decided to learn more about investments. Last year, I came across Seeking Alpha and found it of tremendous value. I realize that there are many people on the forum who are ready and willing to share their expertise and experiences with others. My investment approach seems to be be evolving, and my current approach is:
(1) Use ETFs or CEFs for the fixed-income part of the portfolio. The % for this may vary based on many factors.
(2) Invest in utility and energy preferred stocks.
(2) Invest in quality growth companies that provide dividends between 3% to 5% that have a history of increasing dividends by about 8% or more.
(3) Invest in REITs, MLPs, and gas/oil royalty trusts with dividends ranging from 5% to 8%.
(4) Invest a small portion of portfolio in oil, energy and high growth stocks, especially in the energy exploration area.
I like to position the portfolio with low volatility, stay abreast with the news and inputs from many SA authors, and thus make informed buy/sell decisions. Use both technical and fundamental analysis. The cash position is at least 10% or more to take advantage of various bargains for the quality stocks.
Though I see myself as a long-term investor, but I also like to take advantage of short-term opportunities in energy, metals, and agriculture areas. I have used Dollar Cost Averaging for purchasing quality stocks and have closed positions if the intended expectations were not met based on certain criteria.
I am currently learning about the 20/50/200 moving averages to put trailing stop losses for my various positions. I have been whip-sawed a few times and noticed that the stock price came back soon. For now, the intention is to leave the core portfolio alone and add to it during major market dips. Mostly I use 'limit order' approach for buying and trailing stop loss for selling.
I have many favorite SA authors whose writings I admire and am always learning from them. It is indeed a joy to be able to find this forum and to share investment ideas, tips, research, market news and sentiments, and utlize all this to make prudent investment decisions.