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fedinvest

fedinvest
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ABOUT
I had been strictly a DRIP investor. I hadn't had a brokerage account in years. Instead I looked for direct stock purchase plans and made small investments in dividend paying stocks. By dollar cost averaging small amounts over years I forced myself not to be an active trader. I'd hold for years with the plan to have a portfolio of dividend payers when I retire. Then I'd stop reinvesting my dividends and take them in cash.

I retired the end of June 2013. I also opened a brokerage account and have stopped reinvesting dividends and begun moving some of my stocks out of the DRIP plans and into my brokerage account. As I transition into the distribution phase I am being more deliberate in selecting dividend growth ...More
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  • Description: Retiree. Trading frequency: Infrequent
  • Interests: Dividend stock ideas & income, Retirement savings, Stocks - long
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