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 Electric
Nestle 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.
I am a semi-retired Systems Engineer and Project Manager of Spaceborne Remote Sensing and Weather Instruments which I have been designing building and testing for 37 years. I have worked as a technician, staff engineer, department manager and project technical director for large aerospace companies and well as as an independent contractor and most recently as an employee of a small contracting/consulting company directly supporting NASA, NOAA and NIST projects. I have a degree in Physics and completed undergraduate coursework in business administration before switching to physics.
I have been self managing my portfolios since late 2008. I have multiple 401Ks, IRAs, a SEP and an after tax brokerage account. These accounts are with Vanguard, Fidelity and Charles Schwab. I rolled a pension with a 5 year payout period (60 equal installments) into an IRA from Dec 2008 - Nov 2013.
The present 2016 total portfolio value is over 2 times my total pension rollover amount. My 401K and IRA investments are a mixture of Foreign, Domestic and Bond mutual funds as well as Foreign and Domestic pure growth and dividend growth stocks in accordance with my portfolio "business" plan.
My annual dividend income is nearly enough to cover all of our living expenses now. While my dividend income is running about 2 years behind my plan of achieving 80% of my 2008 income by the end of 2014 my average total return is within 1% of the S&P 500 over the past 6 years as of Sep 2016.
Business owner for over 35 years now working less and investing more. Our company has grown from $1M in sales to $25M in that time. I have recently sold my shares as part of an exit strategy. My philosophy for success in life and business is based on creativity. As Albert Einstein once said, "Insanity: doing the same thing every day and expecting a different result."
Largest holdings: JNJ, PEP, KO, T, CVX, XOM and PG.
Very much an average Joe (Steve) who is now focused on retirement. I have worked in public safety in one form or another for the last 40 years. I was previously employed by a police agency in an administrative capacity. I retired in November 2014 after 22 years of employment with them.
After floundering with investments for the last couple decades, I've finally found what seems to be a comfortable niche. In 2011, I began working my way into the world of dividend growth investing. I still have many things to learn but I think I have a basic grasp of the concept.
I find myself astounded with the quantity and quality of the knowledge that is shared here on SA. Barely a day goes by that I don't learn something from those who so generously share their abilities and experience. I am grateful to them and hope that I can some day use my abilities to enlighten another reader or two.