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
Independent investor, involved largely in energy sector after a long history of investing in biotech.Given energy balance and time to market, the energy sector is much more attractive at this stage of things.
long-time laissez fair investor for retirement in mutuals, now investing small part in individual stocks. Interested in business and tech, business and tech history, transportation, energy, etc.
I am a busy surgeon with a particular interest in personal finance and investing. My father, a retired financial advisor, taught me discipline and the power of dividends and compound interest. I do not feel it is necessary to employ expensive, self-motivated brokers or managers to invest one's money.
I am 40 and would like to retire before 60. I am fortunate to work for a state government and I am vested in their pension. So, I am set when I turn 60+. Because I don't have to worry about saving for a normal retirement age, I have been able to put almost all of my savings towards the goal of early retirement, by investing in a taxable brokerage account.
Baby Boomers with modest nest egg who got tired of watching our low yielding mutual funds lose money and decided to take over managing our portfolio in 2009. In 2013, after reading a number of investing books and countless articles on SA, we decided DGI gave us to best chance at meeting our goals with reasonable risk. Goals: retire by 2022 (2023 at latest) with a minimum of 12k/yr (1k/mo) in dividends to supplement pension and SS. Challenges: Modest initial capital and income (under 45k) limits Roth contributions, relatively new to investing on my own (late 2009), new to DGI (2013). Limited time and money may prevent me from reaching much past my minimum goals. 12k/yr may not be enough to make a significant enough difference depending on medical insurance costs. Strategy: DGI, take divs in cash and invest in best possible opportunity, contribute as much as possible to our Roths until retirement. Minimum IY of 3%. Try to apply Chowder rule to all new investments. I occasionally employ cash secured puts or covered calls when entering or exiting a position. Progress: Began transitioning to DGI mid-2013. Portfolio yields about 7.5k/yr as of early 2015. I have a much better grasp of what and how I can reach my goals. I had reached the 12k/yr goal in 2014, but only by using a high yielding CEF with a large portion of the portfolio. That CEF announced a 50% cut to distribution and the position was closed with a nice gain. I have since redeployed those funds into DG stocks albeit at a lower yield. Progress to 1k/mo goal: 72%