I have 10 kids and 28 grand kids with 3 great grand kids now. I bought my first stock a good 70 years ago and have been trading dividend paying stocks and profiting from them for well over 50 years now. I sell when I think it is needed but I buy for the long term. I am somewhat of a bottom-fisher - I like to look for the deal on a company I want to own anyway. I have traded commodities in the past, but I prefer to use ETFs for them instead of buying them now as they trade easier and make it easier to keep my two personal portfolios balanced overall. In my Core Portfolio - I keep at 85% dividend paying stocks with a 7+ year record of RAISING them along with 15% Gold and Silver. I rarely sell these but spend time weekly on each one keeping up with the news and reports on them. In my Speculation (or Exploration) Portfolio - I keep stocks that cut their dividend and were sold, but re-purchased them when they dropped to a point where they are attractive again. A trade sequence on these usually ends up with me having a zero-cost basis for the shares I kept and cash ahead also. I also keep stocks in this one that I know are trading in a channel so I buy low and collect dividends until they go back up to my target price and I - again - have a zero cost-basis and free stock when I sell. This is also where stocks that I have found attractive because of low value metrics and are trending up are kept for as long as I am in the trade. As Jesse Livermoore said "No stock is too low to sell or too high to buy." He made millions by following the trends and never lost money unless he went against his own disciplines. I try to keep that in mind with my trades. I have had a wide range of jobs in my lifetime - Law Enforcement, Professional Gambler and Gold Prospector among them. I use my experience to help me figure out what comes next.
Close to retirement age but plan to keep working for some time to come. Have invested in stock market sporadically, mostly confused and scared. It hasn't worked very well. Have a lot to learn, learn a lot from many SA folks and enjoy the sharing here.
Historically about 60% invested (minority is stocks along with a lot of "other") with 40% cash. Aiming at this stage to put more of the cash to work, and since I'm underweight in stocks/bonds, am focused there, especially but not only DGI.
Expect that I can avoid taking much if any income out for 15-20 years (except tax and the RMD), unless something unexpected happens--not a long compounding period but better than not at all.
Building a portfolio of dividend-paying high-quality stocks to create a reliable and growing income stream starting in 2014.
For anyone starting out new on this path, I suggest reading everything written by following folks: Chowder, David Crosetti, Dividend Dynasty, Mike Nadel, David van Knapp, Robert Schwartz, Six, RichJoy, Bob Wells, and David Fish (CCC list).
Also read Single Best Investment by Lowell Miller (free pdf available using Google search), The Most Important Thing Illuminated by Howard Marks, get access to MorningStar Dividend Newsletter and ValueLine reports (both usually free at your local library).
36 year old Dividend Growth Investor found Seeking Alpha in 2011 looking for a better way to invest. A frequent reader of all things Chowder, David Van Knapp, David Fish, Chuck Carnevale, Bob Wells, David Crosetti and Bob Johnson among others. Managing a DGI portfolio for our families retirement years. Utilities: D, DUK, SO REIT'S: DLR, O, OHI Consumer: BGS, BRK.B, HRL, KHC, KO, MCD, MKC, PEP, PG Telecom: T, VZ Financial: BAC, PAYX Energy: CVX, XOM Health: ABBV, ABT, AMGN, CAH, JNJ Industrial: CAT, LMT Technology: AAPL, IBM Tobacco: MO, PM, RAI
just an average joe investor . Change from aggressive growth to growth income so I could pay the bills.
But had to still keep one hand towards capital gains . Enjoying reading the posts and comments.
Been with SA almost from their start . I have a beer can for a brain so I thank everyone for filling it up with investment ideas and knowledge .
Enjoy studying macro economics. Finance and accounting are necessary tools. The knowledge I have received in the past from others or even self research excites me to make some bazaar predictions and sometimes investments.
Tail end baby boomer. Enjoy learning about investing. Lurking here for now since every question I have come up with has already been asked and answered, so I need to just keep reading and learning.
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
Long term business owner. BF.B, CL, CVS, CVX, EMR, EPD, GE, GEL, GIS, GOOG, HSY, HYH, JNJ, KHC, KMB, KO, LMT, MCD, MO, NKE, O, PEP, PG, PM, ROIC, SBUX, SHW, SJM, SO, T, UNP, V, VZ, XOM
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I am in equipment sales in industrial and laboratory markets. As I am getting within 3 years or so from retirement I am shifting from focusing on growth to generating income. I do not reach for yield, preferring a mix that allows for solid growth of the income stream and capital appreciation. I have built a diversified portfolio of solid dividend paying companies who grow their dividends at a rate beyond inflation with 80% of investable assets. I also maintain a growth portfolio of 10% of investable assets.