.. boring Progressive, another Atheist, fading Proletarian, yes-LGBTQ, and usual DGIer .. **25 July Long Idea: PM** .. Last week I bought NEP and sold none .. This week I bought and sold none. ___________________________________________________________________________________ > Core: GIS .. KHC .. PG .. CLX .. MO .. PM .. KO .. CCE .. MCD .. JNJ .. XOM .. CVX .. T .. VZ .. SO .. XEL .. SCG .. LNT .. D .. NEP .. HCP .. VTR .. O .. PSA .. MSFT .. QCOM .. UNP .. GE .. COST .. V ___________________________________________________________________________________ > Non-Core: AGNC .. MTGE .. LNCO .. TCRD .. PSEC .. MAIN .. BP .. COP .. KMI .. PAA .. BCE .. TU .. SJR ___________________________________________________________________________________ > Core / wife's - not in my Core: NEE .. SRE .. AWR .. CL .. PEP .. HSY .. CVS .. CAH .. ABT .. HCN .. NNN .. WPC .. NSC .. CMI .. .. Holds the following, from my Core: D .. NEP .. SCG .. SO .. SRE .. T .. VZ .. GIS .. KHC .. KO .. CCE .. PG .. JNJ .. PM .. HCP .. VTR .. KMI .. CVX .. XOM .. UNP .. NSC .. COST .. V ___________________________________________________________________________________ -- 20Jul2016: Bought NEP. Added to my current position. -- 15Jul2016: Bought V. New position(cash from rare coin trade-in). -- 13Jul2016: Sold RCI(due to no auto-reinvest @ Schwab). +2.25% cap gains(not div's) for 36 months. -- 28Jun2016: Bought KO & PEP. New full positions for wife's Fidelity. -- 27Jun2016: Sold ABBV(for exposure to Humira and lack of moat-type replacements). In wife's Fidelity. +5% cap gains(not div's) for 9 months. -- 24Jun2016: Bought CCE. New full position for wife's Fidelity. -- 06Jun2016: Bought D. Added to my current position. (cash came from CCE special dividend -- due to merger/buyout) -- 10May2016: Bought PG. Added to my current position. -- 28Apr2016: Bought ABT & CAH. New full positions for wife's Fidelity. -- 1Apr2016: Bought CVS. New full position for wife's Fidelity. -- 28Mar2016: Bought KHC. Added to wife's current Fidelity position. -- 18Mar2016: Bought AWR. New full position for wife's Fidelity. -- 17Mar2016: Bought KHC. New full position for wife's Fidelity. -- 9Mar2016: Bought NEP. New 3/4x position for wife's Fidelity. -- 19Feb2016: Bought NEP. New 3/4x position for my and wife's IRA. -- 11Feb2016: Bought GIS, JNJ, UNP. Added to my current positions. -- 9Feb2016: Trimmed MO. Trim from 3.5x to a 2x position. +65% cap gains(not divs) for 30 months. -- 4Feb2016: Bought GIS, PM, D. New full positions for wife's Fidelity. -- 3Feb2016: Bought GIS, PM, D. Added to my current positions. -- 1Feb2016: Sold STR(due to cash buyout by D). +28.5% cap gains(not div's) for 43 days. -- 28Jan2016: Trimmed T. Trim from 3x to a 2x position. +16.5% cap gains(not div's) for 48 months. -- 4Jan2016: Bought JNJ & STR. Added to my positions. ------------------------------------------------------------------------------- -- 30Dec2015: Bought D. New full position. -- 17Dec2015: Bought STR & LNT. New 1/2 positions each. -- 14Dec2015: Sold WPC(possible split-up of company). -2% cap gains(not div's) for 5 months. -- 10Dec2015: Sold BAX/BXLT(company split / too low of dividend now). +19% cap gains(not div's) for 24 months. -- 10Dec2015: Sold CCP(too low of credit rating: BB+). +6% cap gains(not div's) for 3 months. -- 03Nov2015: Bought HSY & NNN. New full positions for wife's Fidelity. -- 02Nov2015: Bought VTR. Additional shares to an already full position. -- 02Nov2015: Bought HCN. New full position for wife's Fidelity. -- 27Oct2015: Bought STR. New full position for wife's Fidelity. -- 12Oct2015: Bought CMI. New full position for wife's Fidelity. -- 05Oct 2015: Bought ABBV. New full position for wife's Fidelity. -- 17Sep2015: Bought PG, NSC. New full positions for wife's Fidelity. -- 15Sep2015: Bought SO, T, VZ, CVX, NEE, VTR, WPC, KMI, SCG. New full positions for wife's Fidelity. -- 10Sep2015: Bought XOM, JNJ, UNP, HCP. New full positions for wife's Fidelity. -- 06Aug2015: Bought MAIN. Additional shares to a now full position. -- 22Jul2015: Bought WPC. This is a new position. -- 10Jul2015: Bought UNP. Additional shares to a now full position. -- 6Jul2015: Bought KHC on first day of merger of Kraft & Heinz. -- 6Apr2015: Bought JNJ. Additional shares to current position. -- 26Mar2015: Sold LO(did not want RAI). +50.47% cap gains(not div's) for 24 months. -- 28Jan2015: Bought T. Additional shares to a full position. -- 26Jan2015: Sold NHI(no credit rating). +43% cap gains(not div's) for 25 months. -- 8Jan2015: Bought UNP as a new near full position. Added to CCE to make it a full position. -- 2Jan2015: Sold LTC(failed to raise dividend). +16% cap gains(not div's) for 11 months. -------------------------------------------------------------------------------------------------- ** the sun is a star? we are primates? when I die I'm dead? --- whatever. :)
I have worked in market research at Proctor and Gamble, and as a systems analyst at AT &T. I have also worked in healthcare, and run a successful internet adventure in addition to being a known indie rock musician. I lost pretty much everything when my business burned 10 plus years ago (underinsured). Illness nearly took me just two years ago, but I am a survivor, and back 100%. During those lean ten years I day traded high risk high dividend stocks and managed to come out with enough to retire. Don't want to do that again. Time to invest for income.
IncomeSurfer.com is a website that discusses where I am finding opportunity in the markets and how I am capitalizing on those opportunities through posts. I also include stories about me and my family, books I found useful, travel and important investment decisions. Follow me @IncomeSurf on Twitter. IncomeSurfer.com and all content, are wholly owned by Fast Group, LLC
Simply Safe Dividends helps dividend investors increase current income, make better investment decisions, avoid risk, and grow their wealth faster.
At Valuentum, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Valuentum therefore analyzes each stock across a wide spectrum of philosophies, from deep value through momentum investing. We think companies that are attractive from a number of investment perspectives--whether it be growth, value, momentum, etc.--have the greatest probability of capital appreciation and relative outperformance. The more investors that are interested in the stock for reasons based on their respective investment mandates, the more likely it will move higher.
Brian Nelson is the President of Equity Research at Valuentum Securities, an investment research firm serving individual and institutional investors, as well as financial advisors. Before founding Valuentum, Mr. Nelson worked as a director at Morningstar, where he was responsible for training and methodology development within the firm's equity and credit research department. Prior to that position, he served as a senior industrials securities analyst, covering aerospace, airlines, construction and environmental services companies. Before joining Morningstar in February 2006, Mr. Nelson worked for a small capitalization fund covering a variety of sectors for an aggressive growth investment management firm in Chicago. He holds a Bachelor's degree in finance and a minor in mathematics, magna cum laude, from Benedictine University. Mr. Nelson has an MBA from the University of Chicago Booth School of Business and also holds the Chartered Financial Analyst (CFA) designation.
Get to Know Brian:
Brian led the charge in developing Morningstar's issuer credit ratings, developing and rolling-out one of the firm's proprietary credit metrics, the Cash Flow Cushion. http://select.morningstar.com/welcome/credit/pdfs/Morningstar_CashFlowCushion.pdf
Brian is frequently quoted in the media and has been a frequent guest on Nightly Business Report, Bloomberg TV, and the Money Show.
Mr. Nelson is very experienced in valuing equities, developing Morningstar's discounted cash-flow model used to derive the fair value estimates for the company's entire equity coverage universe.
Brian worked on a small cap fund and a micro cap fund that were ranked within the top 10th percentile and top 1st percentile within the Small Cap Lipper Growth Universe, respectively, in 2005.
Mr. Nelson is also a contributor to Seeking Alpha and an opinion leader in the Industrial Goods space.
You can reach Brian at email@example.com.
Please read our Disclaimer that applies to all articles published on Seeking Alpha: http://www.valuentum.com/categories/20110613
Follow us on Twitter: @Valuentum
My name is Ted Leach. I'm a 65-year-old investor focused on dividends in a Retirement Income Portfolio. I'm not yet in the distribution phase of retirement. After serving as a pastor for 40 years, I'm in a second career and I have two part-time jobs. As Director of Community & Property Care, I'm part of a management team that oversees 123 residential retirement units in multiple locations for a non-profit organization. I also serve a large congregation as a part-time associate pastor.
I've been a member of the National Association of Investment Clubs (NAIC) since 1982, which now operates as BetterInvesting.org. For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.
NAIC's historic "four principles" have been very helpful to me:
1) invest regularly throughout your lifetime;
2) invest in growth companies;
3) reinvest earnings and profits;
4) diversify by industry and size.
Bill Bengen's "4% Rule" concept inspired me to set a goal to create a retirement income portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets.
Here is my current 25-stock portfolio:
- 5 stocks each with a 5.2% target allocation: JNJ, XOM, MSFT, PG, MMM
- 5 stocks each with a 4.4% target allocation: WMT, MRK, IBM, CMI, GPC
- 5 stocks each with a 3.6% target allocation: EMR, SO, WEC, CNP, HCP
- 5 stocks each with a 3.0% target allocation: PEP, T, O, EPD, WPC
- 5 stocks each with a 2.4% target allocation: UNP, NNN, STAG, MAIN, EVA.
Helpful mentors and colleagues include:
- Charles Allmon, former columnist for Better Investing, taught me to look for growth stocks
- Ben Graham's The Intelligent Investor taught me the importance of intrinsic value
- Peter Lynch instilled confidence that the average citizen can win in the stock market
- Louis Rukeyser demonstrated how to ask probing questions about market conditions
- Brad Thomas introduced me to a host of real estate investment trusts
- Bob Wells' analytical discipline keeps me focused on dividend growth
- Lowell Miller's The Single Best Investment helped me focus on quality and safety
- David Van Knapp's holistic style of portfolio building helps me see the big picture
- David Fish and Factoids inspire me to keep digging for data
- Chowder reminds me that each buy is the purchase of a business
- BDC Buzz has helped me sift through business development companies
- Tom Konrad opened my mind to alternative energy investments
- George Fisher is a helpful "lookout" scanning the horizon for utility opportunities
- The Seeking Alpha community--both veterans and young contributors.
Mark Bern (formerly K202) intends to continue writing solo and has shed other work-related relationships that required anonymity.
CPA since 1990 a CFA charter holder since 2000. He has a bachelors degree in Business Admin. with a concentration in Economics. His experience includes both private and public sector and careers in accounting, financial and market analysis, product development, transportation services and investment management.
Some information about my investing:
* I have been investing my own money (and managing it myself) for over two decades now. I would never let anyone else manage my money and neither should you.
* My portfolio is structured as a "High Yield Strategic Income" portfolio. The portfolio has evolved over the past 20 years. I invest now only in Closed End Funds. I am now at the point in my investing journey that I look for maximum income generation. All distributions are reinvested.
* I make every attempt to tell my fellow investors what they "need" to hear, not what Wall Street and the main stream media think you "want" to hear.
* "Past performance definitely does not guarantee future results". With that said it amazes me that for most investors of dividend stocks, the best they can do is invest in all the same exact S&P company stocks by largest market cap.
* Educate yourself about what people really earn in this country:
Then ask yourself: "How is it possible most people the US can "appear" to be so wealthy?"
It is a starting point to cut through the deception that is the main stream media and Wall Street salespeople.
Also: Everyone no matter what age should watch "Money as Debt"
A personal note:
Our family are active charitable donors to
* The Children's Hospital of Philadelphia
* St. Jude's Children's Hospital
* Ronald McDonald House
These institutions provide valuable services to children and veterans in need. I know this from personal experience. If you are able, please donate a little something every month to each of these organizations. Thank you.
Just an old guy trying to figure it out. Worked as a journeyman and foreman Electrician for 25 years on various commercial and industrial projects. Had to retire (transplants and spinal fusion), so I went back to school finished my business degree and got CAD certified. Had used my skills over the years to first build and later acquire real estate rentals. Not pretending to be a biz whiz, but the degree taught me the language of biz, the years of electrical problem solving taught me logic, and the years of landlord taught to run a small biz and think like a landlord. Using Options extensively now, so order can vary quickly, but here is my combined Taxable and IRA positions, will try to keep updated. ARESF, ARCC, BIP , BDCL, CYPW , EEP , EPD , EOI, ETO, ETV, ETW, ETY, FCGYF , FPF, GEL , GLP , GMLP , HPI, HQL, KMI, KMF, KNOP, MAIN , MCC, MHI, MLPL, MMP ,MMLP , MORL , NAC , NHI , NKX, NMFC , NRF, NSAM, NMM, NXRT, NHF, O , OHI , OILT , PCK, PDI, PGZ, PHT, PKIUF , PML , PMT , PMX, PSEC , PZC , SDRL , SFL , STAG, STK, STWD, TCAP , TCRD , WPZ , UAN , VNR
I had my first passbook account in the 1960s, and lost money in the 1987 crash. Subsequently, I have run investor chat rooms and an investing blog. I also am a published author and write a film animation blog at animatedfilmreviews.filminspector.com.
I bought my first Manhattan property in 1993 and also own property in Colorado. I enjoy investing in real estate and writing about it. I invest in income stocks such as REITs and consider that my area of expertise.
Oh, and I was mentioned in "Scam Dogs And Mo-Mo Mamas: Inside the Wild and Woolly World of Internet Stock Trading" (2000), by Wall Street Journal reporter John R. Emshwiller, a good guy. It's about the bad old dot.com days.
50/50 Portfolio; June 2016 YOC 10.0% about 6 months before retirement, dividends at 72% of my gross employment income. I created a High Yield Investment dividend generator that contains a 50% weighting between agency mortgage REITs and BDCs.
My current investment method started January 2014 to concentrate on high yield equities that put more importance on income and less on capital appreciation. Investment purchase is based on each individual stock generating a minimum dividend per year. As long as stocks are generating income to meet or exceed my minimum dividend they will not be added too or removed. Currently all dividends are reinvested back into stocks that require their dividends to be increased to meet my minimum yearly dividend. We will see how this works over the years.
1) The REIT sector consists of residential and commercial property investments. What better way to invest in hundreds of properties without actually owing the physical property.
2) The BDC are Business Development Companies that invest in hundreds of businesses that create products and employment opportunities. Here again the BDC does all the research to lend to businesses and the investor does not have to actually own the physical business.
3) The investment selection is based on this principle; BDCs outperform when markets are going up (positive correlation), and mREITs, outperform when markets are going down (negative correlation). This is based on a research study performed by Wells Fargo titled “The 50/50 Portfolio, Milton Friedman’s Only “Free” Lunch. And runs through an analysis in demonstrating how combining BDCs and Agency mREITs leads to sustainable long-term alpha throughout cycles.
4) Capital gain does not apply to my investment method since this implies the anticipation of buy and hope for price increase in order to sell at a profit. I have already stated the HYBRID method holds investments based on cost basis and dividends per share as the method of yearly appreciation.
5) A bird in the hand is worth 10 in a bush, applies to this investment style. The return I get on my investment is what counts toward the recapture of my initial investment cost. I can calculate how many years it will take before my initial cost will be repaid and that investment now becomes perpetual income. I’m not a trader, just a buy, hold and collector (dividends * shares). I can’t count on capital appreciation since all investments will increase and decrease in any market cycle. Dividends I can count on as payment for investment risk that accumulates over time.
6) Update 20140612, Portfolio Plan; Build a portfolio that generates income 150% of minimum required. Example I need 10K from 30 stocks made up of REITs and BDCs. Diversification is already built into each stock because each one contains hundreds of properties and business, so 30 stocks is plenty. Now to generate 10K minimum income I will establish a 50% margin of error (or income default). So to get 10K minimum I will need 15K of income (10K * 1.5). This means each stock is required to generate at least $500/yr each. I can withstand a 33% hit in the dividends and still meet my 10K minimum requirement. That is 10 stocks can go to zero and the remaining 20 will create my minimum 10K.
7) Update 20140729, I do not invest in individual companies, too risky. The following is the logic behind this statement compared to BDC investments. If I invest in 30 dividend companies, anyone of them may have financial problems and drag down the portfolio very quickly. The Due-Diligence (DD) would take all my time to analyze past performance and make judgments for the future, and current events can tank a stock fast. Every company needs money to run operations and for capital improvements and this is where BDCs come into play. The individual company has to borrow funds and BDCs are there to provide the capital. So the BDC is like a bank to lend money. Each BDC may contain hundreds of separate loans going to hundreds of different companies making the BDC less risky than owning individual companies. If one of the companies that the BDC has a loan with goes bankrupt, the BDC will recover some if not all of the loan monies lent to the failed company, and the BDC will continue with a very small disruption to its bottom line. So in effect owing BDCs that contain hundreds of investments (loans to companies) earning a consistent repayment to principal and interest is safer than just owning an individual low yielding company. When you invest in a BDC or REIT you are investing in the managers that perform the DD by analyzing the companies first before loaning them money to run their business.
Owing 10 or more BDCs is like having investments in thousands of companies with a very low risk of any one individual company causing portfolio damage, while your portfolio grows faster with the high yields from BDCs and REITs.
8) I have developed FREE Excel applications for planning retirement during the accumulation and distribution phase, the links are in my articles, (Dividend Growth Calculator... and Predicting Retirement...) As I develop additional Excel 2010 applications I'll make them available to all SA members. We are all in the same boat trying to achieve a better life in retirement.
My wife and I are now retired. We live off SS and the income from our portfolio. My investments are all income producers and include dividend growth stocks like T and MO, some higher yielding low growth issues like PNNT. and others in between. About 25% of my income comes from fixed income preferred issues. When I was younger I was more into growth, but my goal was to switch to income and live off that. So that is what I have achieved today. I also work as a tax preparer for the 4 months of tax season.
Doug K. Le Du is a preferred stock researcher, author of the book titled Preferred Stock Investing, syndicated writer and publisher of three monthly preferred stock newsletters.
Doug has been studying the preferred stock marketplace since 2002. In 2006 he published the first edition of Preferred Stock Investing which has been updated and re-published regularly since then.
Preferred Stock Investing teaches risk-averse investors how to screen, buy and sell the highest quality preferred stocks. The book lists all qualifying preferred stocks that have been issued since January 2001.
The ten selection criteria from Preferred Stock Investing filtered out the 57 preferred stocks from the big banks that would be claimed by the Global Credit Crisis and let pass the 13 issues from the big banks that were saved by acquisition. In 70 out of 70 cases, a 100% success rate for almost two years running, the preferred stock selection criteria found in Preferred Stock Investing protected preferred stock investors.
As a researcher, Doug researches the market price behavior of the highest quality preferred stocks and writes to you about trends and opportunities. His premium subscription service (described at www.PreferredStockInvesting.com) providers subscribers with email alerts of new preferred stock issues, access to his preferred stock catalogs and HotLists, a monthly newsletter just for premium subscribers and much more.
Doug's academic background is in economics and statistics. Doug retired from his position as Managing Director at one of the world's largest management consulting firms in 2002 to focus on preferred stock research. Doug does not sell preferred stocks nor is he a stock broker or financial adviser.
I joined Seeking Alpha as a Senior Editor in June 2012. Currently, I manage the Dividends, Income & Retirement and Expert Insight platforms. D&I focuses on income investment strategies and dividend investment-focused content for investors from the accumulation stage to retirement. The purpose of Expert Insight is to expand and elevate the quality of Seeking Alpha's content by including articles from an industry insider's point of view, designed to help investors make more informed decisions as they consider specific sectors and trends within those sectors for their investing strategies, e.g., utilities or technology. Expert Insight articles offer more of a macro, 30,000-foot-view that goes beyond investment analysis or stock recommendations.
I also curate the Dividends & Income Digest, a bi-weekly publication that takes a look at a question that is compelling and relevant to the community, showcases the responses of DI thought leaders, and serves as a round-up of top DI articles.
I hope to continue to discover new voices and thought leaders through insightful articles and conversations in the comments threads. My goal is to draw a large, diverse audience to Seeking Alpha, and make our community THE go-to place to participate in investing research and exchange lucrative, unique, exciting investing knowledge and ideas. I'm always looking for new ideas and contributors, so please feel free to reach out to me. I'm eager to hear your thoughts and discover how we can work together to make Seeking Alpha the best site for investors on the web.
I am the investment manager for Darkravenwind LLC, a small software development consulting firm. 20% of our pre-tax revenue is my responsibility to invest and grow. I also help moderate the "Value Investing" group on Facebook. My hobbies include fighting the Fed, martial arts, and old video games.
I have been using value investing techniques as first described by Benjamin Graham since approximately 2006. I was wasting my life up to that point. My specialty, over and above corporate valuation, is analyzing people. Human behavior is remarkably consistent and can lead to huge gains when you understand what motivates them.
In my own portfolio I have a diversified income focus with a preference for long term earnings and dividend growth. When a good opportunity comes along, I'll focus a large percentage of assets into that single holding. I'm also maintaining an income portfolio with a little over 180 high yielding companies as a bit of an experiment.
I have been mostly self taught, but I am also working on obtaining a finance degree. Quadrupled my money in the 2008 crash, by 2012 my total portfolio was over 50,000% higher than when I had first started.
I was a previous employee at Countrywide Financial Corp., and was present during the mortgage meltdown. I saw firsthand how the company was falling apart from the inside while management continued to believe the organization could be rescued. I have made bond analysis and studying the effects of inflation an additional specialty of mine.
Market direction is irrelevant. I look for value. Profitable companies that are low or even fairly priced, so long as the results are dependable. Intrinsic value is subjective, but earnings power matters. The current dividend yield, and the number of competitors are strong factors in my decisions. I am absolutely fearless of the future and do not make political views a part of my investment process.
I additionally make frequent updates to a blog maintainted at WhoTrades called "Brand Power", you can read and subscribe to it at bandpower.whotrades.com. Live trading data on my purchases should be available at some point in the near future.
Retired, late 50's
Hold CFP designation. Passed CFP exam Nov 2000
Author of "IRA: A Quck Reference Guide". Available on Amazon as an e-book.
Author of "Retirement Investing for INCOME ONLY: How to invest for relaible income in Retirement ONLY from Dividends"
Tim McPartland is a private investor with over 45 years of investment experience. Additionally he is the editor, and former owner, of The Yield Hunter, a website devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
If you are interested in any of my digital utility solutions to add to your investing tool box to improve your investment outcomes, please visit my site
You'll find elegant applications that make it simple for you to track your portfolio in real time, make a watch list to follow in real time, track your dividend income and growth, and other applications. These applications will allow you to set alerts at prices you choose in order to obtain the yield and income that you want. They function as real time trade assistants and will improve your investment performance. You can even mirror the successful FTG Portfolio with "My FTG Mirror Calculator", and subscribers can mirror the premium subscriber portfolio with "MY RODAT Mirror Calculator" if they wish to emulate the out performance we've achieved in capital and income growth.
I am a retired clinical psychologist, and administrator and owner of a rehabilitation clinic we founded 40 years ago. For over 55 years I have managed several portfolios composed of investments accumulated over our professional careers. Since the financial crisis of 2008, I have employed specialized, customized dividend growth strategies aimed at enhancing and growing a dividend income stream.
Since December 24, 2014, I have demonstrated on Seeking Alpha the ongoing construction and portfolio management of the Fill-The-Gap Portfolio aimed at highlighting strategies investors may utilize to close the gap between an average Social Security benefit and the much greater costs faced in retirement.
This portfolio has outperformed all of the broad market indexes by a very wide margin, growing dividend income and total portfolio value consistently while the broader indexes struggle in negative territory all year.
Aside from free articles available to the general public, additional early-access, value-added ideas and deep-dive articles are offered to paid subscribers on my premium SA platform, "Retirement: One Dividend At A Time"
Let me show you how to build and grow your portfolio and dividend income, step by step, towards a comfortable and secure retirement.
My investment strategy is built around the creation of an income stream that will provide me with long term flexibility. I believe there are many ways to accomplish this goal from buying stocks that have an income component at value, to cash flow generating real estate investments to bond and bond equivalents. Each investor must know where they're trying to get to, then create a formula that works best for them. I choose to focus on income because it allows me to sleep more comfortably.
Professionally, I have done a bit of everything in my long life, from playing rock and roll, to developing software, and running a successful entrepreneurial business. But I am best known as a writer of bestselling books about business and health. I write under a pseudonym here on Seeking Alpha because that way I know readers will evaluate my work strictly on the basis of what I actually said rather than who I am.
My husband plans to retire in 4 years (at age 67) and I plan to retire in 7 years (at age 62). We began focusing on dividend growth investing in 2013 but have been invested in mutual funds for decades. Our current DGI retirement portfolio is comprised of the following 64 DGI stocks: ABBV, ABT, AMGN, AVA, BBL, BMY, CAT, CBRL, CCP, CLX, CMCSA, COP, CVX, D, DEO, DLR, DUK, ED, EMR, EPD, GAS, GE, GILD, GIS, HCP, IBM, JNJ, KHC, KMB, KMI, KO, LMT, LNT, MCD, MMM, MMP, MO, MRK, MSFT, NEE, NOK, O, OHI, OMI, PEP, PFE, PG, PM, SCG, SEP, SO, SYY, T, TUP, UL, UPS, VTR, VZ, WEC, WMT, WPC, XEL, XOM, and ZBH.
Self directed individual investor. I surpassed my own goals and expectations. I have been investing in the stock market since 1992. I used to day trade. Then I swing traded. Now I invest in dividend stocks with the focus on having the income exceed our needed expenses. I started investing in dividend stocks exclusively in 5/2011. I am ready to share my 22 years of experience in the stock market with young investors and retirees alike. I will share my mistakes and successes. Hopefully, I can help others avoid common mistakes.
RETIREMENT PORTFOLIO UPDATED As Of 6/3/2016
Current Allocations for my Retirement Portfolio:
1) MO = 100%
I have taken ROTH distributions in 2016 of about $113,000. This is the first year that I have taken distributions, they are non taxable and penalty free.
I currently have 96.5% of my stock market assets in ROTH IRA's. I will convert the rest of my MO (from my SEP IRA) in 2017 and 2018 into my ROTH IRA.
My Retirement Portfolio's return since 1/1/2009 according to Schwab.com's Portfolio performance: Full Disclosure - All of my funds were at Schwab in 2009 and 2010, In 2011 I started a Roth IRA at Fidelity, in 2014 I transferred funds from Schwab to Fidelity and in 2015 I transferred some funds to E-TRADE. Most of my funds are still at Schwab.
2009- + 165.95%
2010- + 28.02%
2011- (-) 1.99%
2012- + 11.59%
2013- (-) 5.31%
2014- + 38.84%
2015- + 6.11%
2016- YTD as of 6/10/2016 close + 19.25%
My Portfolio performance from 1992 - 1/1/2009 was not good. I was starting from a negative return since I had contributed more than my accounts were worth. 2008 had dropped my account about 75%!!!
Schwab.com's software does not have any data prior to 1/1/2009! They started the Portfolio performance function as of 1/1/2009.
First, the good stuff. Here's my portfolio ...
Consumer Discretionary: MCD, NKE, SBUX, TGT
Consumer Staples: COST, GIS, KHC, KO, MO, PEP, PG, PM, WBA
Energy: CVX, KMI, XOM
Health: ABBV, AMGN, GILD, JNJ, MCK
Industrial: BA, DE, EMR, LMT, MMM
REITs: HCN, NNN, O, OHI, VTR
Technology: AAPL, MSFT, QCOM
Telecom: BCE, T, TU, VZ
Utilities: AVA, D, SCG, SO, WEC
ALSO: small stakes in 23 additional companies held in the Dividend Growth 50 portfolio (http://seekingalpha.com/article/2764265-its-new-its-nifty-its-the-dividend-growth-50): ADP, AFL, BAX, BDX, BXLT, CAT, CL, CLX, COP, GE, GPC, HCP, HSY, IBM, KMB, MKC, NEE, SJM, UTX, V, WFC, WMT.
Now, a little about me:
I am a 50-something former sportswriter who was sent on a permanent vacation during the Great Recession. That sucked, but my story is not a sad one. Unlike many folks who lost their jobs, I am not in financial distress, I am not depressed and I am not bored.
My wife is a pediatric nurse with a bullet-proof job and decent benefits. So after supporting her and our two kids (now grown) for most of three decades, the least she can do is support my semi-retired keister!
Because of Roberta's job situation, because we have zero debt (not even mortgage debt), because we no longer have any dependents and because we have been pretty diligent savers over the years, we are comfortable (though nowhere near rich).
Although we hold some funds, bonds and cash, my investing philosophy leans heavily toward Dividend Growth Investing. By early next decade, we want to live entirely off of our income stream, Social Security and pension payments - and therefore will not have to spend down the principal one iota. To accomplish this, we invest mostly in blue-chip companies with long track records of growing dividends. As of mid-2016, we are well ahead of pace to reach our goal.
When not researching investments and writing for Seeking Alpha and other Web sites, I coach middle-school girls basketball at Metrolina Regional Scholars Academy, the top charter school in the Charlotte metro area; in March 2016, we won the first conference championship in school history! I also umpire youth baseball and referee youth basketball.
My wife and I dote on our 5-year-old pup, Simmie, and keep up on the doings of our now-grown kids, Katie and Ben. And we love to cheer on the basketball team of our alma mater, Marquette University, where we both majored in Journalism. Go Warriors! Also big fans of the Carolina Panthers.
I still occasionally post to the blog I initiated in 2007 -- lots of sports stuff, some politics, some personal junk -- at www.TheBaldestTruth.com.
Motto: I invest in undervalued (i.e. cheap) well-established companies trading at a below market multiple.
The companies that I invest in are large stable companies with proven track records. My goal is the highest total return possible with the least amount of risk.
Professional Background: I am a healthcare practitioner with extensive experience in the pharmaceutical sector. I have a passion for investing honed over the past twenty years through various market cycles.
Individual investor focused upon a limited number of diversified stocks. Seeks stocks selling below fair value; favors dividend growth. Advocates fundamental investment analysis, supplemented by the technical charts. Options strategies primarily employed to generate additional income or hedge risk.
Doug Meeks is a Registered Investment Advisor in Plano, Texas. He is the Principal Advisor for Pier LLC, an investment management company. The focus at Pier is to build and manage income-producing portfolios for our clients. We provide individual service to those who are inclined to see their money working for them. Growth and income do not have to be different parts of your portfolio.