Our family finances have focused on growth through the use of mutual funds. Now we are on a path to convert from a growth to an income strategy as we approach retirement in 3 years.
US Stocks; BAC, BP, CVX, ED, GE, GIS, GM, JPM, KMI, KO, MCD, PM, RTN, KO, PEP, PG, JNJ, XOM
Canadian Stocks: ADW.A, ACO..X, BBD.B, BCE, CM. CU, CNQ, CTC.A, CVE, EMA, ENB, FTS FTT, IPL, L, MBT, MFC, RCI.B, SJR.B. , SU, QSR, TRP, T
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.
Became a self directed investor in 2008. Retired in 2011 but still accumulating, mainly through dividend growth investing in Cdn, U.S. & Int'l stocks. Also interested in seasonality and technical analysis which are useful timing vehicles for investing.
My portfolio is close to 100% invested in dividend growth stocks, roughly equal weighted by income. I currently hold 10 U.S. & 25 Cdn stocks plus 2 globally diversified mutual funds for parking dividend income.