An individual investor focused on preservation of capital and generating dividend income. My strategy is to invest in quality, dividend paying companies, with simple business models, and, a long track record of increasing dividends. Like Nick Murray, I'm a believer in diversification, but not in asset allocation. I'm long 100% equities, all the time. I can live with any amount of volatility if I'm in quality companies. Since I live off dividends, the prices at any particular moment don't rattle me. David Fish's CCC list is my primary watch list. The quality of the business model (simplicity, tenure), earnings track record and valuation are key principles in my book. Free cash flows and payout ratios are very important metrics. When I first started investing in 1990, I gravitated to DGI - a book called "dividends don't lie" influenced me. I did not have a single losing position in 10 years. Then, I learned an expensive lesson in 2002 (60% loss of net worth at that time) when I lost my way and got into momentum/technology stocks. I lost track of understanding WHAT I was buying and HOW the company made it's money. I will never deviate from buying quality companies that have a long track record of paying dividends, at value, since I paid a high price to gain that knowledge. A critical insight -- it is better to pay a fair price for an excellent company than an excellent price for a fair company (Buffett). I buy companies that I'd buy more of if prices were to drop. A second one, is to have a long term orientation (Klarman). In other words, buy and hold, allow compounding to work, and try not to "market time". SA DGI leaders such as Chuck Carnevale, Chowder, David Fish, David Van Knapp, Tim McAleenan, Part Time investor, Sure Dividend and several others have influenced my thinking. It is not an exaggeration to say that SA has impacted my life. I'm a first generation American, and am very grateful for the opportunities provided by my adopted country.35 companies make up 72% of my portfolio. In descending order of size - Proctor & Gamble,Johnson & Johnson,Verizon,Cocal-Cola, AT&T,United Technologies,Exxon Mobil,Diageo.Kimberly-Clark,Hershey, Kraft Heinz McDonalds Pepsico Unilever Chevron Wal-Mart Emerson Electric International Business Machines Phillip Morris Cummins General ElectricNestle Disney Microsoft Cisco 3M Helmerich Payne GENERAL MILLS United Parcel Service QUALCOMM W P CAREY Wells Fargo Archer Daniels Midland Oracle Apple. All but three are rated as narrow or wide moats. The other holdings are mini-ETFs (for example, 11 REITS that I treat as 1 diversified company). The remainder, ~14 companies, (examples include: Ambev, CAT, DE, DVN, MUR, MRO) are ones I will slowly sell of and re-invest into my core holdings. As of May 1, 2016 (aged 57 years) I have retired and live off my dividends.
53 YO, IT technician, hobbies are chess, welding, machining, auto mechanics, small engines, guitar, hiking, web site design and maintenance - and investing
CCNA, MCP, CET
Buy and Hold dividend investor, still building a portfolio (hold cvx, cop,kmi, pg,jnj, t ,gild, ge, aapl, ibm, f)
I want to invest in companies with a safe and growing dividend. Earnings and revenue growth drive dividend growth. I will take on risk with an occasional micro or small cap with good prospects.
Companies I am considering;
PGH, NLY, AT, CTL, CAT, CMI, BP, SO, MMP, MSFT, AFL, PEP, KMB, GEVO
Favorite Authors-Tim McAleenan, David Crosetti, Brett Jensen, Bob Wells, Todd Johnson, Avi Morris, Chuck Carnevale
Ex Navy man, early 30's, married w/ 2 kids, currently working as an independent insurance agent within a RIA firm. I hold various state insurance licenses and the series 6 and 63 securities licenses. Working on series 65 and CFP certification next.
Mission: Build a passive income stream from dividends that grows and compounds overtime faster than the rate of inflation. Create an income...Create a Legacy
**Current Holdings - SO, CVX, PM, JNJ, O, KMI, GILD, VTR, STAG, WPC, DIS, CCP, BBL
Watch List - as of 8/1/2015
Consumer Staples - KO, PEP, GIS, MO, PG, WBA, CL, MKC, KMB, HRL, SJM, DEO,
Consumer Discretionary - COST, SBUX, TGT, NKE, MCD, VFC
Energy - XOM, OKE, WMB, HP
REITs - OHI, DLR, STWD
HealthCare - BAX, BDX, MDT, ABBV,
Industrial - EMR, DE, HON, LMT, MMM, CAT, NSC, CSX, ADM, UTX
Materials - NUE, CMP
Telecom - T, VZ
Utilities - AVA, WEC, D, LNT, CNP, STR, SRE, XEL, NEE, Water - AWR, WTR, AWK
Technology - ADP, AAPL, MSFT
Financials - WFC, USB, MAIN, V, MA
What others should I add to the list??
Former Quant - Quote: "It is well enough that people of our American nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Disclaimer: My articles and comments do not contain investment recommendations or personal investment advice to any specific person for any particular purpose. Any article or comment is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action. Do your own research or obtain suitable personal advice. You are responsible for your own investment decisions. Any information I publish is not a recommendation or solicitation to buy or sell securities, nor am I a registered investment advisor. Investing carries risk of loss and is not suitable for all individuals.
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.
Retired dividend growth investor living in Japan since 2003.
Present Portfolio 8/16
Consumer Discretionary: GPS, HAS, LVS, MCD, TGT, VFC
Consumer Staples: KHC, KO, MO, PEP, PG, PM, WBA
Energy: BP, COP, NBR, OXY, PSX, VLO
Financial: AFL, BAC, COF, TROW
Health: ABBV, ABT, AET, AMGN, GILD, JNJ, MRK, PFE, VRX
Industrial: GE, ITT, LMT, NSC, PH, UNP, UTX
Materials: APD, AUY, DOW, FCX
REITs: DLR, OHI, WPC
Technology: AAPL, CSCO, GOOGL, INTC, MXIM
Investing for 20 years, emphasizing stock picking for the last ten. Long-only, driven by valuation relative to risk and growth prospects. My contrarian approach works well during periods of volatility, typically trailing market returns during bull runs.
Baby Boomers with modest nest egg who got tired of watching our low yielding mutual funds lose money and decided to take over managing our portfolio in 2009. In 2013, after reading a number of investing books and countless articles on SA, we decided DGI gave us to best chance at meeting our goals with reasonable risk. Goals: retire by 2022 (2023 at latest) with a minimum of 12k/yr (1k/mo) in dividends to supplement pension and SS. Challenges: Modest initial capital and income (under 45k) limits Roth contributions, relatively new to investing on my own (late 2009), new to DGI (2013). Limited time and money may prevent me from reaching much past my minimum goals. 12k/yr may not be enough to make a significant enough difference depending on medical insurance costs. Strategy: DGI, take divs in cash and invest in best possible opportunity, contribute as much as possible to our Roths until retirement. Minimum IY of 3%. Try to apply Chowder rule to all new investments. I occasionally employ cash secured puts or covered calls when entering or exiting a position. Progress: Began transitioning to DGI mid-2013. Portfolio yields about 7.5k/yr as of early 2015. I have a much better grasp of what and how I can reach my goals. I had reached the 12k/yr goal in 2014, but only by using a high yielding CEF with a large portion of the portfolio. That CEF announced a 50% cut to distribution and the position was closed with a nice gain. I have since redeployed those funds into DG stocks albeit at a lower yield. Progress to 1k/mo goal: 72%
I am a busy surgeon with a particular interest in personal finance and investing. My father, a retired financial advisor, taught me discipline and the power of dividends and compound interest. I do not feel it is necessary to employ expensive, self-motivated brokers or managers to invest one's money.