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I still think back to why I became a dividend growth investor in the first place. After the crash in 2008-2009, I did some hard thinking about my investment goals. I realized that I had no clear understanding of
My Dividend Growth Portfolio: Final 2023 Recap
Summary
- I cover all of my sales for the year and the reasoning behind each, as well as the purchases.
- I review the portfolio's goals, guidelines, and a brief history of the portfolio.
- Income exceeded my goals with an increase of 11.1% on the year, while the portfolio value is at an all-time high.
I spent 20 years in the natural resource sector in project development, project management, and business development. I typically invest in dividend growth stocks, although I do have an large investment property portfolio. In the past I have invested using momentum strategies, option strategies, and focused on growth stocks. However in 2009 I converted almost entirely to dividend growth investing as I found this was most in line with my investing goals, and allowed me to sleep easy at night! While I "retired" at 42, so I could be home to take my daughter to school, pick her up, and attend her events every day. My many areas of investing allowed me to do this relatively comfortably, although time will tell if I stay retired. UPDATE: I recently accepted a position, not because I had to, but because I wanted to. It's amazing the difference work is when you are choosing to be there, rather than having to work.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MSFT, AFL, AMP, BX, AVGO, V, ABBV, PM, AAPL, LMT, TXN, MO, SWVXX, CINF, EPD, BLK, MDT, PSX, PEP, MSA, DUK, JNJ, SBUX, HD, AOS, CME, ADP, ABT, SPG, OHI, PRU, SJM, ICE, BBY, FBIN, LADR, UL, O, KR, NNN, SNA, HON, DHIL, NXST, FIS, GPN, UPS, TGT, USB, TD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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