My new blog which tracks my business plan! http://retireby60.blogspot.com/ 33 year old investor looking to accumulate assets for retirement, with a focus on dividend growth and income. I aim to contribute $500/mo and have $2.5M in assets by 60. My style is a blend of dividend growth names and pure growth/speculation, with a target of roughly 75% and 25%, respectively. Within the dividend portion, I look at a blend of increasing dividend growth (div. history, Chowder ratio, 5yr projected EPS growth, etc.), dividend safety (S&P credit rating and quality ranking, beta, company economic moat), as well as valuation (FAST graphs, price vs analyst targets). I aim to be fully invested in this portion at all times. In the growth/speculative portion, I try to identify companies with deep product pipelines that haven't been noticed by Wall Street yet. My speculative piece, limited to 5%, is reserved for biotech and tech names that have catalysts or are potential M&A targets. Current Portfolio (Income): Staples: KO, PM, WMT Cons Discretionary: MCD, MAT Telecom: T, VOD, VZ Financial: None Energy: CVX, OXY Health: PFE Industrial: CSX, DE Tech: AAPL, QCOM Utilities: SO, XEL, KMI REITs: MFA, O (both held in Roth IRA) (Growth) AAPL - new products for 2014, ATRS - product pipeline, partnerships (Speculative) PSTI - allogenic stem cell play, AMRN, SCRC Last words: I want to thank Chowder, David Fish, David Crosetti, Chuck Carnivale, Robert Allan Schwartz and everyone else who contribute to the Dividends and Income section in SA. Your knowledge and wisdow continues to help make me a better investor.
I'm a dividend growth investor in my mid 30s. I invested in poorly performing mutual funds in my 20s, but in the last couple of years have transitioned towards equities. Although the bulk of my stocks produce income, I also invest in stocks which are more oriented towards capital appreciation. Since I switched to a more entrepreneurial career, I'm hoping to live off my current dividends until I can get a reliable income stream going again. Think of me as a young retiree!
I'm 58, retired 7/21/17, trading stocks on and off for the past 17 yrs. I don't know how I came across Seeking Alpha and dividend investing but somehow I did. And the idea of compounding dividends thru reinvesting stuck in my head. After reading some articles on DGI, I convinced myself this is the right way for me. So starting April 2013, I started buying dividend paying stocks and even though I'm new, I already enjoy the feeling of getting a dividend being added to my account. I'm with Scottrade so I get to chose what stock to reinvest the dividend without commission. I've also convinced my 28 year old son to open a Roth IRA and a separate account after he maxed out his Roth. He was convinced after I showed him what Chowder is trying to do for his son. So far we have purchased KMB, KO, PEP, PG, GIS, HRL, KHC, VFC, TGT, MKC, SJM, GE, MO, PM, T, VZ, BCE, TU, SO, WEC, D, NEE, LNT, DUK, SRE, O, NNN, NHI, HCN, VTR, WFC, JPM, C, V, PYPL, ADP, BMO, BNS, TD, RY, RDS/B, XOM, CVX, BP, JNJ, GILD, PFE, ABT, CSCO, MSFT