Everything Else Falls; Dividends Rise

Oct. 11, 2018 1:07 AM ET6 Comments
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Dividend Investing, Dividend Growth Investing

Contributor Since 2010

I retired in November 2016 at age 60.

My personal investing goal is to own a portfolio of dividend growth companies such that:

1) The overall portfolio dividend income is sufficient to pay for all of my routine retirement expenses. I do not ever want to be forced to sell something to produce cash, especially when my asset prices are down. [I have no objection to occasionally choosing to sell something to pay for a one-time expense such as a vacation or a gift.]

and

2) The overall portfolio dividend income rises each year by more than the rate of inflation, so that my purchasing power does not erode over time.

I invest primarily in David Fish's lists of Dividend Champions, Dividend Contenders, and Dividend Challengers. See http://www.dripinvesting.org/tools for those lists.

I do not invest in MLP's or BDC's or CEF's or preferreds.

I maintain a free web site that contains dividend histories for all of David Fish's Dividend Champions, Contenders and Challengers: http://www.tessellation.com/dividends

Summary

  • S&P 500 falls.
  • NASDAQ falls.
  • Dividends rise.

The Wall Street Journal reported the following in the Thursday October 11 issue:

Netflix falls by 8.4%.

Amazon.com falls by 6.2%.

Tech stocks in the S&P 500 falls by 4.8%.

Apple falls by 4.6%.

NASDAQ Composite falls by 4.1%.

Communications sector falls by 3.9%.

Consumer discretionary sector falls by 3.7%.

Industrial sector falls by 3.5%.

S&P 500 falls by 3.3%.

Dow Jones Industrial Average falls by 3.1%.

The Wall Street Journal didn't report:

Dividends rise.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Recommended For You

Comments (6)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.