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%
I have a graduate degree in economics and have been doing financial analysis, business cases, marketing for 25 years in the telcomm and government contracting industries. I've been actively investing in stocks for ~ 25 years..
Hi, my name is Dave. Retired Senior Manager after 35 years in Information Technology. Bachelor of Science in Mathematics, way back when. I'm managing my retirement dividend growth portfolio with an objective of higher than average current dividend yield coupled with annual dividend growth exceeding the long term rate of inflation. The goal is to use dividends to supplement my pension and Social Security income. I maintain a smaller,taxable growth oriented account to generate capital gains over the medium term to periodically refill a safe bank account for additional spending.
Just a small time private investor that is currently investing in oil & gas related energy names from Canada in order to generate dividends and income in case I ever get to retire. Still trying to find those monthly dividend payers for future income.
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.
Ex-pat living and working in the Asia-Pacific region since 1999. I have travelled from Saipan to the Maldives and most countries in between which may have contributed to giving me a different perspective compared to some.
10-15 years from harvesting phase, but have the added complexity of a single-income household with a wonderful young family (pre-school). I have an aggressive savings plan and selectively plow savings and dividends into “best value” stocks roughly each month. Mainly a DGI investor, but have a few growth stocks and a very small speculative portion.
Core positions include: RDS.B, T, JNJ, PG, KO, AAPL, KMI, BCE.TO, CHL, XOM, BA, NVO, GIS, KHC, VZ, TD.TO, LMT, CL RY, ABBV, GILD, OHI, O, INTC, MO, SO, D, MMM, HNP, SBUX, UNP
I've been investing for 30 years as a hobby. An engineer by training, I prefer fundamental analysis with a healthy dose of technical signals. I have made every mistake in the book, but am still way ahead due to very aggressive saving. As retirement approaches, I am finally recognizing the wise words of my accountancy class professor back in 1991. Namely that "all that matters is the expected stream of dividends that a company will pay over its lifetime ". Therefore, I have a Core portfolio of dividend growers, CEFs, MLPs and REITs. Also, I have a Trade portfolio to experiment with "good" ideas. I use options, occasionally, to initiate or increase a position, or generate income. My nemesis is emotion.
I am a CPA, CFE and have a BA in finance. I don't like to lose money.
If there are any bank stocks you would like to have regular quarterly/semi-annual coverage on let me know, I add a lot of names throughout the year but want to provide regular coverage for interested readers.