gapwedge

I am a 60 year old electrical engineer working for Entergy Corporation and have been for 30+ years. In October 2011 I switched my investment strategy to dividend growth investing (total return= capital appreciation + dividend yield+ dividend growth) after years of hit or miss methods and getting no where fast.

Kelley Wright's book "Dividends Still Don't Lie" and Lowell Miller's "The Single Best Investment: Creating Wealth with Dividend Growth" renewed my interest in the dividend growth investing strategy. I use F.A.S.T. Graphs, IQTrends, and the use of the CCC list provided by David Fish for my stock watchlists as well as other due diligence reading.

I am eligible to retire, but ...More prefer not to at this point in time. I live debt free and only have my mortgage left which is on schedule to be paid off in December 2013. As long as I am healthy and continue to love my job I cannot see retirement in my future until at least age 65. I have plenty of vacation time and sometimes feel like I am semi-retired as it is.

In addition to my taxable Fidelity brokerage account funded with my discretionary income I have my company's 401K plan where I am contributing the IRS maximum allowable. Since turning 59 1/2 in July 2012, I have been be transferring all eligible funds of my 401K to a Rollover IRA (in-service distribution). And until I retire I will continue to contribute the max allowed to my 401K. The Rollover IRA will use the same DGI strategy as my taxable account.

Read my blogs for more detail on 401K in-service distributions.

Chazen to remain CEO through 2014. $OXY up on the news. Apr 30, 2013