Michael Baglio, (anagrammatically, "HiloBeMagical"), is the founder of The ACIEM Foundation- providing Assistance to Children with Inborn Errors of Metabolism. The ACIEM Foundation serves children with genetic errors whose life-saving treatments are under-covered by insurance and government assistance programs. We provide financial assistance to these families in need, so that each child affected with disorders of metabolism may have the specialized foods, formulas, and dietary supplements necessary for the best chance possible for normal development. Since disorders of metabolism commonly last a lifetime, our mission is long-term in nature. Once the ACIEM Foundation commits to helping a child in need, we will do so for as long as the child needs us. "We help the forgotten children." http://aciemfoundation.org
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).
Defensive / Value investor. Practice 5 P's ( Protect, Preserve, PATIENCE, Perspective and Prudence ). 30 years investing with last 15 using SWAN disciplines. Next 20-25% correction converting to ALL IN DGI with no ETF's , funds, CEF's or Bond funds. Hopefully this can take place over next 3 years by 2019/2020............. Semi retired with a current portfolio of 50+ stocks, commodities and a handful of funds all with Vanguard. Looking to focus on Higher Quality stocks by end of 2017. Zero debt is the only way to get to SWAN heaven for those that are not there yet.....No mortgage or tuition payments done as of 2015......... Live in the Boston / New England area my entire life. Avid follower of Chowder, DVK, Mr. Fish ( thank you x10 ), Mr. Nadel, Mr. Wells, Chuck C., B/H 2012, Rose, PTI, and many others for past 10 years of contributions to SA community. Worked in management within high tech industry for 25 years, survived dot com crash ( learned the hard way about diversification ). It was exciting times with multiple M & A's and a couple of IPO's that gave me a second chance to implement a more defensive investing position (divy payers) not knowing it resembled DGI that I have embraced since @ 2000 / 01. That one wake up call (DOT COM crash) was the FINAL wake up calll and I am n ow 100% convinced that the slow and steady route will build wealth vs. the typical (CNBC) trade mentality of trying to buy low and sell high. IMHO the.KISS method is the only way to SWAN. Don't get me wrong I will only purchase fair to under valued , sometimes deeply undervalued but never over value. I use a combination of M* , Capital IQ , Fast Graphs and Merrill for FV analysis. Utilize Young Intelligence Monthly Report to maintain sanity towards world and financial events. Only DRIP at FV or lower valuations and Core positions will DRIP up to 10% over FV median number. Adjust auto DRIP on a qtrly basis. Will accumulate divys otherwise and apply to best FV at 1 to 1.5k increments focus is on quality vs income. Not taking any distributions at this time. New capital each year is 6500 x 2 = 13k into ROTH each January. Plan is to continue for next 10 years then start distributions.
Update Oct 2, 2016
Port breakdown: 65% Stock, 16% Bond funds, 17% Cash 2% Commodity
Current Portfolio by Div %: Top 30 of 58 represent 60% of equity DIVIDEND income. Remaining 40% of income from bond funds / mutual funds ( none listed but all Vanguard ) that will be converted into equity / stock after next correction of 20% or greater.
GOAL: 50 stocks paying 1k/yr each representing 2% income by 2026.
No GIC sector above 14% of income.
TOP 30 BELOW
4.2% WFC-PL ( Preferred stock )
4.2% AMLP ( ETF )
4.1% BAC-PL ( Preferred stock )
4.0% BDJ ( Large Value CEF )
3.8% SSW-PG ( Preferred stock )
2.7% BCX ( Energy CEF )
2.6% OHI (CR BBB-)
1.9% LXP ( BBB- )
1.8% GRX ( Health / Wellness CEF )
AES-P ( Preferred )
KMI ( BBB-)
GDXJ ( ETF )
ABX ( Gold Miner Hedge )
NG ( Small Gold miner Hedge )
Independent retail investor. Interested mainly in acquiring solid DGI stocks for the long term, employing a smaller portion of funds to higher risk/yield securities. Occasionally employ options to enhance returns or manage risk.
I am a Canadian born in 1987 and I started my investment career in 2013. My background is math, science and engineering, so financial number crunching is no bigs. I have identified most with the long term income and dividend growth strategy, but am also interested in ETFs for diversity and of course classic value investing. I sometimes gamble recklessly on penny stocks, in part for the adrenaline rush and sweet sweet dopamine releases but mostly just for the lulz.
My plan is to grow my long term portfolio as much as possible and as fast as possible to enjoy the benefits of compounding. My goal is to reach the age of 40 with a minimum of $750k in my portfolio which should give me the cash flow needed to sustain my quality of life until I become worm food.
Young, novice investor, looking for ideas and knowledge. Very small portfolio, however I am young so I have many years to develop a wealth of knowledge and, well, wealth. As I can see from the comments here, one will never stop learning, and never stop improving your ideas and strategies.
I am a moderately informed investor who has been mainly building wealth through my retirement 403b for 20 years. I am 20 years away from retirement and began investing to develop an additional income stream in a taxable account in 2012. I am slowly adding to a balanced portfolio which includes predominately dividend growth stocks.
Current portfolio: CVX, COP, BP, OAS, KMI, MCD, DRI, KO, PEP, JPM, WFC, AFL, AAPL, MSFT, INTC, T, BBL, GE, DE, IBM, LMT, PFE, GILD, JNJ, TGT, SBUX, TWTR, FB, BABA
I began redeploying assets from mutual funds and cash into Dividend Growth stocks in Fall 2013. Current positions: Consumer Staples: KO,PM,PG,PEP,UL,GIS,CLX,DEO,MO Energy: CVX,XOM,ESV Telecomm: T,VZ, Consumer Discretionary: MCD,TGT,ROST Healthcare: JNJ,GSK,GILD,ABBV,AMGN Industrials: LMT,GE,DE,TGH,EMR,CMI,ETN,BA,UPS Tech: AAPL,CSCO,IBM,QCOM Real Estate: O,OHI,HCN,VTR Utilities: SO,AVA,DUK,WEC,D,NGG T Materials: BBL Financials: WFC
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.
Somewhere between disaster and "more of the same" is the world we all live in today, and it may go on in this same state for our lifetimes. No black swan, no collapse, no implosion of the Republic. Because there is no knowing I have given up trying to know or predict.
I have one goal. Survival at a modest level under any foreseeable future.
Let it be noted, I am a tiny investor.
If all my Shearson Lehman deals hadn't gone south, I'd be a medium small investor.
Now I trust no one.
So. Really big companies. Really good divi histories. Really broad diversification.
Buy and hold. Usually.
Gold buried in my sister's yard. Cash under the mattress. Food in the basement. And a full expectation that we shall see a blistering correction before 2020. But, no telling.
Let's talk about the big companies. I like big, strong and smart.
I want a dividend that has history, a future, and a present.
I want, five years from today, all investments made today to be yielding at least 5% based on cost.
The higher today's yield, the lower the dividend growth rate can be. So I like the "Chowder Rule." Some examples of stocks in this category (I think) are T, SO, DUK, VZ, D, AEP, and so on. Based on my cost basis.
The other extreme are a companies whose dividend growth rate leads to a reasonable expectation that it will yield 5% in five years. WMT, MCD, KMB, CL, EMR, TGT, and JNJ all are of the type. More or less, as of this writing. They will have their ups and downs. Bought right, in general, they should fit the bill.
My third favorite category are resource oriented companies, mostly oil, whose history and business fit with my goals. OXY, COP, CVX, XOM, RDS, FCX, and BHP come to mind.
These three kinds of companies represent my "core" investments. Outside the core, about 10% of the portfolio is more adventurous.
To round out the stable with some diversity I also own some REITs; O, ADC, OHI.
I also hold a very small portfolio of energy related companies like LINE, VNR, etc.
And yes, I do own little tiny positions in a few gold and silver resources. While I fully expect metals to break below the floor they are forming here in late January, 2014, but I hold them as a little insurance.
No position is over 5% of the portfolio value. Oils are overweighted on purpose as a group, perhaps foolishly, since oil may see a decline this year. Most positions are 2-3% of the total.
I try and follow Chowder and Carnevale here on SA, and wish I had gotten the divi bug sooner in life, so I preach it ofter to others. As the markets unfold, I may of may not prove to have the mettle to be a buy and hold investor.