Richard J. Parsons is a former banker who writes about banking. His newest book is “Investing in Banks: Strategies and Statistics for Bankers, Directors, and Investors,” published in April 2016 by The Risk Management Association. In this book he examines long-term bank stock performance and identifies specific factors that create and destroy shareholder value. He is also the author of Broke: America’s Banking System, published in 2013. In this book Parsons explains why the U.S. banking system has suffered nearly 3,500 bank failures over the past three decades. Parsons is a frequent contributor to the American Banker and the Risk Management Journal. He teaches the Operational Risk Management course for the Wharton-RMA Advanced Risk Management Program as well as the Advanced Operational Risk Management course for the RMA. The RMA Journal selected Parsons’ article -- “The Next Crisis in Banking: A Talent Crisis?” -- as the first place winner in its 2014 Journalistic Excellence Award. Prior to writing and speaking about the banking industry, Parsons spent more than 31 years at Bank of America where he was an executive vice president and member of the Management Operating Committee. In his last role he chaired the bank’s Operational and Compliance Risk Committee and the Emerging Risk Committee. Parsons has a BA in history from Ohio Wesleyan University and an MBA from the University of Virginia Darden School of Business.
Day trader whose strategy is based on arbitrages in preferred stocks and closed end funds.My group consists of 10 traders.We trade every single preferred stock or closed end fund that provides an arbitrage opportunity. Our research includes stocks that most of the people have not even heard. We have developed our own statistical tools that make most of our arbitrages statistically proven. As a trader I don't just analyse , I trade my analysis and pay the price when I am wrong.That is the main reason I respect opinions only when backed by taking the risk of being wrong.Words or opinions mean nothing in this business and the only person who is right about a certain situation is the one who makes money out of it.
John Cole Scott is Chief Investment Officer at CEF Advisors. In 2002 he earned the Certified Fund Specialist designation (CFS). For 15+ years John has specialized in closed-end fund/BDC (business development company) research, analysis and trading. He has been quoted or interviewed by Barron's, Bloomberg, SmartMoney, Investment News, The Street, Morningstar, Money Life, Investius, Registered Rep, Reuters, Bond Buyer and others outlets.
He has presented at conferences or events in Atlanta, Baltimore, Boca Raton, Charlotte, Chicago, Denver, Houston, Miami, Minneapolis, Naples, New York City, Newark, NJ, Richmond, VA, San Diego, San Francisco, Tampa and Washington DC including several keynote addresses.
In April 2008 John founded CEFA's Closed-End Fund Universe, a comprehensive weekly data service, now daily and called www.CEFData.com, covering the closed-end fund and BDC industry. In August 2015 he launched www.BDCUniverse.net as the first BDC Research website covering all public BDCs. In November 2008 he founded "The CEF Network" on LinkedIn, their largest CEF or BDC community. In January 2017, created 26 CEF/BDC indexes (www.cefdata.com/index) including both "Portfolio" and "Sector" indexes. They included: a 12 Major Sector (Eq Wt), a 60/40 Balanced, a Debt-BDC, a BDC Baby Bond (leverage of BDCs) and a "Discount" and "Premium" Fund Index.
John is a long-time member and past Board Member of The Richmond Association for Business Economics (RABE) and serves as Assistant Treasurer and on the Investment Committee for The New York State Society of The Cincinnati; previously on their Standing Committee. He can be reached via: JCS@CEFadvisors.com or (804) 288-2482.
I suspect that most preferred income investors are conservative by nature. I am. I don't believe I have any special talent or gift for trading, a crystal ball, or any access to insider information. Consequently, I have little expectation of prospering by consistently buying low and selling high. In fact, prior to becoming a fixed income investor, my trading history boasted the opposite, buying high and selling low. Tis sad but true, over those years, I've given more to the market than I've taken from it. However, that's yesterday's news, and of no real interest. Of importance is that I'm patient, analytical, organized, pretty good at math, and always looking for that angle, strategy, or edge to help guarantee my market success. The Art & Science of Preferred Dividend Investing details my history, education and growth as a preferred investor and the lessons I learned along the way. I want to share that knowledge by introducing you to this effective, profitable, and safe way to invest in preferred equities.
Closed End Fund Tracker focuses on increasing transparency in the CEF marketplace. Areas of focus include NAV discounts, income strategies and unlocking value through shareholder activism.
Building a passive income portfolio that is dividend-focused utilizing a diversified portfolio of Closed-End Funds, Business Development Companies, and REITs. Also, generating secondary income using covered calls and secured puts on dividend blue-chip companies, or using ultra high-yield investment vehicles.
I began writing articles on Seeking Alpha as a way to share my experiences with investing, as well as to generate some discussion from fellow Alpha Seekers in order to keep learning and growing as an investor.
My website is devoted to biblical financial principles, from saving and spending, to giving and investing and contentment.
Steven Bavaria writes about finance, economics and politics, drawing on his forty-five years experience in international banking, credit, investment, human resources/training, journalism and public service. Now retired from his "day job" on Wall Street, Bavaria lives mostly off his investments. His focus is largely on income-oriented stocks, bonds and mutual funds, as well as closed-end funds, ETFs and other IRA-suitable investments. His book "Too Greedy for Adam Smith: CEO Pay and the Demise of Capitalism" was just published and is available on Amazon and at independent retailers.
Bavaria began his career at the Bank of Boston, where he handled international credit workouts that included managing a fleet of ships, chasing a Vatican-owned bank in Switzerland, and leading the turnaround of troubled branches in Australia and Panama. He also ran the bank's human resources department, which is where he saw personally the beginnings of many of today's executive compensation excesses.
More recently he worked at Standard & Poor's, where he introduced ratings to the leveraged loan market. In between Bank of Boston and S&P he was Assoc. Commissioner of the Massachusetts Dept. of Mental Health, worked briefly for Citibank, and was a reporter for IDD Magazine. He also did a short stint at a smaller rating agency where he had to leave in a hurry after writing an article called "From Banker to Bookmaker" that was deemed a bit too candid in describing the conflicted role of major commercial and investment banks.
Bavaria graduated from Georgetown University and New England School of Law. He lives in Boca Raton, Florida.
Retired; (BDC, mREIT) 50/50 Portfolio; dividends at 76% of my gross employment income. I created a High Yield Investment dividend generator that contains a 50% weighting between agency mortgage REITs and BDCs.
**** Retired 2017 ****Retired 2017 ****Retired 2017 ****Retired 2017 ****
My current investment method started January 2014 to concentrate on high yield equities that put more importance on income and less on capital appreciation. Investment purchase is based on each individual stock generating a minimum dividend per year. As long as stocks are generating income to meet or exceed my minimum dividend they will not be added too or removed.
1) Currently surplus dividends are reinvested back into stocks that require their dividends to be increased to meet my minimum yearly dividend. Since retiring in 2017 I have set up withdraws based on 50% of total cash flow income generated increasing at 3% per year.
2) The investment selection is based on this principle; BDCs outperform when markets are going up (positive correlation), and mREITs, outperform when markets are going down (negative correlation).
3) Capital gain does not apply to my investment method since this implies the anticipation of buy and hope for price increase in order to sell at a profit. Income cash flow is the main driver of my investment method in retirement. Portfolio balance will naturally increase since I'll always be in the accumulation phase.
I am a retired engineer with a PhD in Engineering Science (mostly exotic math) together with a Masters in Statistics. I currently manage my website www.superchargeretirementincome.com, where I use my math background to select high-return, low-volatility investments. I also love teaching so I also provide a number of tutorials about all aspects of investing. I am an avid reader and have read just about every book I could find on the stock market. I am still learning so I welcome comments and suggestions. Over the years I have learned that there is no “holy grail”; you cannot receive a good return without taking risks. However, you can choose your investments to reduce risks and those are the kind of investments I like to make. Although financial markets are my passion, engineering is my profession. I have spent the last 30+ years as a program manager at a large aerospace company, working on improving defenses for our U.S. Army customers.
I'm a retired individual investor. I retired at the end of 2013 after a 35 year career as a professor and research scientist at a major research university. So -- a career as a researcher and an educator, which is what I'd like to do here. Virtually every good teacher I've ever known says some version of "I learn more from teaching than my students do." There's a lot of truth in that, enough that there's an underlying selfish motivation for my writing here as I continue to learn about investing.
My professional life involved multiple international projects and collaborations, so I traveled extensively over those 35 years. I still will be doing so in my retirement. One consequence is that I'm liable to disappear from the site for extended periods. How can you miss me if I don't go away?
My investing priorities are building and refining portfolios designed to provide income and capital growth: Income for my retirement needs, and capital growth for my estate. My investing interests are tax-advantaged income from a range of sources, portfolio strategies, information- and bio-technology, and strategic allocation.
Why I Write for Seeking Alpha: I learned long ago that "writing is nature's way of letting you know how sloppy your thinking is." The line comes from a Guindon comic strip of many years ago. As an academic scientist I routinely published my research results. It's how I spent my working career, so it comes more or less naturally to me. It forces me to think about details I might otherwise overlook.Like all academics, I consider it an essential part of doing research. So, the writing I do here is as much for myself as for the reader. It also opens me to feedback from others who may draw quite different conclusions.
As a research scientist I spent a career spanning four decades devoted to free exchange of information vetted by rigorous peer review. It's a concept I firmly believe in. So, I encourage and appreciate thoughtful comments, especially from those who disagree with me (although I will ignore obvious trolls and encourage others to do so as well).
My Investment Philosophies and Strategies: I maintain two portfolios: one for income and one for growth. As I have reached the age where I have to take mandatory withdrawals from my IRAs,I have transitioned my taxable brokerage account to a nearly pure growth focus along with a large holding in tax-free municipal-bond CEFs. My goal for the IRA is to generate income to meet MRD levels. The remainder is held in a fairly defensive growth portfolio. I've reached a point where I'm more concerned about drawdowns than I am about beating the market.
Who Is Left Banker? Ah yes, the name. When I first joined Seeking Alpha I had no intention of being anything but an occasional reader. I saw it as another research site. So, I just ported a name I've used on other sites. I spent some of the best times of my life living on the left bank of the Seine and am always thrilled to be back in La Belle Paris. Add that I also like it because I find several word plays there; I'll leave it to you to decipher that comment.
Finally, I've chosen to remain anonymous, which I feel obligated to address. First, I have no professional role in finance and nothing to sell, so there is no advantage to be gained by "making a name for myself' here. Second, I value my privacy and have kept my internet presence as low-key as my professional life allowed. But I do have a professional on-line presence which I'd prefer not to mix with my Seeking Alpha persona. I certainly want to avoid any possibility of some internet connection trying to track me down. Odds against that happening are, of course, outrageously long, but why take them on at all?
Disclosures: I have no ties to the financial or security industries in any form. My interests are strictly personal. The banker part of the nym has absolutely no relationship to the profession of the same name. Readers should be aware that I am an investing novice, some might say dilettante, but when I write about something here, it's something that I have a personal financial stake in (perhaps a negative stake in that I'll tell you why I rejected it). I do not give advice; what I publish is much more in line with my research notebook. Anyone who finds anything of interest will necessarily want to do his or her complete research and due diligence. It would be foolish to rely on my conclusions without having done so.
Graduated in 2011 with degrees in Pre-Law and Business Administration from Eastern Washington University. Completed my MBA at Whitworth University in May of 2017. Began career as a Loan Officer, but am now working for Umpqua Bank as a Secondary Marketing Financial Analyst.
Started my first Roth IRA at the age of 16, but began seriously investing closer to 2011 at the age of 22. My investment strategy is largely focused on generating retirement income from dividend-paying stocks. I do not hold any professional investment licenses, but I spend a significant amount of time educating children, teenagers, and young adults on basic finance. I also specialize in cash-flow analysis for those nearing retirement or who are in retirement.
Simply Safe Dividends helps conservative dividend investors increase current income, make better investment decisions, and avoid risk. Brian Bollinger, CPA, runs Simply Safe Dividends and previously worked as an equity research analyst at a multibillion-dollar investment firm.
I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks.
Hoya Capital Real Estate is a Connecticut-based Registered Investment Advisor that focuses on research of the commercial real estate industry, and advisory of well-balanced public real estate equity portfolios.
All of our research is for educational purpose only, always provided free of charge exclusively on Seeking Alpha. Recommendations and commentary are purely theoretical and not intended as investment advice. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. For investment advice, consult your financial advisor.
I have canceled my republication agreement with Seeking Alpha. Look for my future articles at http://altenergystocks.com.
Tom Konrad, PhD., CFA is a portfolio manager, financial analyst, and freelance writer specializing in renewable energy and energy efficiency. He is currently looking for a money management firm to sponsor what he believes would be the first dividend income oriented green mutual fund, based on a strategy, the Green Global Equity Income Portfolio, he has been managing since December 2013.
He is Editor at AltEnergyStocks.com.
Tom lives in New York's lower Hudson River Valley. He volunteers for the environmental nonprofit community, runs, and is a woodworker. He's currently using those woodworking skills to renovate (and upgrade the energy performance) of the 1930 farmhouse he lives in with his wife.
He can be reached at tom at tom konrad dot com.
Have been ranked in or near the top 50 of more than 5000 bloggers and close to the top 100 of nearly 9000 all experts by TipRanks.com . https://www.tipranks.com/bloggers/crunching-numbers?period=quarterly
Focus is mostly on Sirius XM Holdings and income investing,
30 years (through 2000) experience working for basic manufacturing and high tech industries in both the US and Europe. Company sizes ranged from start-ups to Fortune top 10. Experience as manager and/or grunt in fields of financial analysis, revenue forecasting, business planning, budgeting, pricing analysis, compensation planning, contracts, marketing, product management. Have been investing in stocks more than 40 years, options for 30 years and on and off in real estate for 25 years. BS in engineering from Boston U, MBA from Rutgers.
Investment Standard's recommendations have 70% success rate according to Tip Ranks. Mostly write about Banks. Checkout the performance of Investment Standard's recommendations here: https://www.tipranks.com/experts/investment-standard
I have a Masters in Engineering and have been investing and trading for 10+ years, mostly in stocks, CEFs, and options, mostly simple options strategies. I prefer value and dividend investing focusing in the financial, utility and energy sectors. I'm always looking to learn and will take requests for bank or insurance stock analysis. If you want me to do a deep dive on it, drop me a line and I'll do it.
Institutional investment manager authoring on a variety of topics that pique my interest, and could further discourse in this online community. I hold an MBA from the University of Chicago, and have earned the CFA designation.
My articles may contain statements and projections that are forward-looking in nature, and therefore inherently subject to numerous risks, uncertainties and assumptions. While my articles focus on generating long-term risk-adjusted returns, investment decisions necessarily involve the risk of loss of principal. Individual investor circumstances vary significantly, and information gleaned from my articles should be applied to your own unique investment situation, objectives, risk tolerance, and investment horizon.
I'm an Army veteran and former energy dividend writer for The Motley Fool. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams, and enrich their lives. With 20 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams. I'm currently on an epic quest to build a broadly diversified, high-quality, high-yield dividend growth portfolio that:
1. Pays 6% to 7% yield
2. Offers 10%-11% annual dividend growth
3. Pays dividends AT LEAST on a weekly, but preferably, daily basis
Eternal Daily Dividend Growth Endeavor (EDDGE 2.0)
Number of Holdings: 95
Portfolio Value: $146,397.16
Yield On Cost: 8.59%
Annual Dividends: $12,165.00
Average Monthly Dividends: $1,013.75
Average Daily Dividends: $50.69
Projected Long-Term Dividend Growth: 12.36% (117% faster than S&P 500)
Projected Long-Term Total Return: 20.95% (131% above S&P Historical norm)
Portfolio FCF Margin: 33.76% (vs S&P 500 18.91%)
Portfolio PE: 14.39 (27% below S&P 500)
Price/Fair Value: 0.89
Portfolio ROA: 4.00% (45% below S&P 500)
Portfolio ROE: 14.04 % (35% below S&P 500)
Average Market Cap: $4.0 billion (95% smaller than S&P 500)
Large Caps: 21%
-Large Cap Value: 6%
-Large Cap Core: 4%
-Large Cap Growth: 11%
Mid Caps: 26%
-Mid Cap Value: 18%
-Mid Cap Core: 5%
-Mid Cap Growth: 3%
Small Caps: 50%
-Small Cap Value: 31%
-Small Cap Core: 11%
-Small Cap Growth: 8%
Real Estate: 43.3%
Consumer Discretionary: 2.8%
Business Services: 1.1%
Industrial Products: 0.4%
Consumer Staples: 0.2%
US Stocks: 85%
Foreign Stocks: 15%
1. New Residential Investment Corp. (NRZ): 10.02%
2. Golar LNG Partners (GMLP): 8.91%
3. Dynagas LNG Partners (DLNG): 8.89%
4. Genesis Energy (GEL): 6.99%
5. Hoegh LNG Partners (HMLP): 6.98%
6. KNOT Offshore Partners (KNOT): 6.97%
7. GasLog Partners (GLOP): 6.37%
8. New Senior Investment Group (SNR): 4.66%
9. CorEnergy Infrastructure Trust (CORR): 3.66%
10. 8Point3 Energy Partners (CAFD): 2.76%
Top 10 Holdings: 66.21%
InterDigital (IDCC): -6.43%
Holly Energy Partners (HEP): -6.43%
Enbridge (ENB): -6.08%
Magellan Midstream Partners (MMP): -5.89%
TJX Companies (TJX): -5.68%
EQT Midstream Partners (EQM): -5.28%
ONEOK Inc (OKE): -5.23%
Simon Property Group (SPG): -5.18%
Genesis Energy (GEL): -5.09%
Life Storage (LSI): -4.96%
NextEra Energy Partners (NEP): 43.83%
CorSite Realty (COR): 38.10%
Skyworks Solutions (SWKS): 32.42%
MarketAxxess Holdings (MKTX): 32.34%
S&P Global (SPGI): 29.71%
Expedia (EXPE): 26.17%
MercadoLibre (MELI): 24.63%
CareTrust REIT (CTRE): 22.83%
Digital Realty Trust (DLR): 22.49%
Annualized Total Return Since Inception (Dec 16, 2016): 37.87%
S&P 500 Total Return: 10.25%
Alpha: 27.62% (beating the market by 269% so far)
Ian worked for Kerrisdale, a New York activist hedge fund, for three years, before moving to Latin America to pursue entrepreneurial opportunities there. His Ian's Insider Corner service provides live chat, model portfolios, full access and updates to his "IMF" portfolio, along with a weekly newsletter which expands on these topics.
Ian is also an associate analyst for Value Investor's Edge. VIE is a top-ranked deep value research service featuring exclusive work from J Mintzmyer, James Catlin, and Ian Bezek.
I am a former Investment and Commercial Banker with over 30 years experience in the field. I have been advising both individuals and institutional clients on high-yield investment strategies since 1991. As author of “High Dividend Opportunities”, a premium subscription service at Seeking Alpha, my objective is to bring investors the most profitable and newest high dividend ideas, with special focus on the Energy sector. The service includes an actively managed model Portfolio targeting an overall dividend yield of 6-9% in addition to long-term capital gains. My research aims to maximize returns by identifying undervalued securities in the High Yield space.
In addition to being a Certified Public Accountant CPA from the State of Arizona, I hold a BS Degree from Indiana University, Bloomington, and a Masters degree from Thunderbird School of Global Management (Arizona). I am also a Certified Mortgage Advisor CEMAP, a UK certification. My Research and Articles have been featured on Seeking Alpha, Investing.com, ETFdailynews, and on FXEmpire.
For more information on how to subscribe to “High Dividend Opportunities” and gain exclusive access to the portfolio, live alerts and market commentaries, check the post: Introduction to “High Dividend Opportunities” on my Instablog or just email me at firstname.lastname@example.org .
I had my first passbook account in the 1960s, and lost money in the 1987 crash. Subsequently, I have run investor chat rooms and an investing blog. I also am a published author and write a film animation blog at animatedfilmreviews.filminspector.com.
I bought my first Manhattan property in 1993 and also own property in Colorado. I enjoy investing in real estate and writing about it. I invest in income stocks such as REITs and consider that my area of expertise.
Oh, and I was mentioned in "Scam Dogs And Mo-Mo Mamas: Inside the Wild and Woolly World of Internet Stock Trading" (2000), by Wall Street Journal reporter John R. Emshwiller, a good guy. It's about the bad old dot.com days.
I am an individual investor. My professional background is in the finance area. I have managed my own investments for over 30 years. For most of that time, my focus was on portfolio building using individual stocks. About 5 years ago, I shifted my focus to investing via ETFs. I have found that this has greatly simplified my investment style yet simultaneously increased the scope and diversification of my portfolio.
I firmly believe that the benefits of investing, and the market, should be understandable and available to everyone, including individuals who may have little or no financial background. My hope is to explain concepts simply, taking much of the mystery and accompanying fear out of the process. I look forward to enjoying the journey with everyone who decides to follow me, and hope I can make a difference in someone's life.
In addition to my blog, you can find me at:
I am a retired college faculty in Philosophy, with specializations in Ethics, Socio-political Theory and Rational Choice/Decision Theory. My teaching focus was on Business Ethics, Medical Ethics and Logic. After retirement I freelanced as a Grant Writer/Fund Raising Consultant. I have taught at Washington University in St. Louis, the University of Missouri - St. Louis, and St. Louis Community College.
I believe that potential investments ought to be evaluated through an examination of their fundamentals - i.e., fundamental analysis. Those investments can then be analyzed with respect to whatever criteria an investor may wish to bring to bear, but at least the investments they make will be more or less fundamentally sound. For me, one of the more important features of an investment (after fundamentals are satisfied) is dividend yield. I expect my investment to earn money for me.
I also believe that the day of the "traditional" investment strategy based on one's age/proximity to retirement is over. To be sure, one wants to put one's money in places where it is more secure, but in the day and age of internet-based investment services, a variety of ETFs, and reasonably safe investment vehicles, there is no need for retired people to stick the bulk of their assets in relatively unprofitable treasury notes and bonds.
Born in 1934; retired lawyer; full time investor. I analyze investments on an after tax basis. I have both taxable and tax deferred accounts.The investments in my currently taxable accounts are generally tax deferred midstream MLPs.. The investments in my qualified retirement plans are currently BDCs and REITS.
Retired Pharmacist. Call me Rose. Nose= Knows enough to know I need to keep learning and keeping a great dividend paying nest egg growing upwards. I also enjoy total return, but it is not my primary goal, it just happens to follow when buying great quality companies.
My 85+ stock portfolio is listed here by sector, largest holding by value is listed first. Updated 7/18//2017.
Consumer Defensive (16): PM, KO, GIS, MO, KMB, TGT, DEO, PG, CVS, PEP, SJM, MDLZ, BUD, CL, KHC, HSY -
Consumer Cyclical (8): NKE, MCD, HD, VFC, GPC, SBUX, TSCO,- MAT (hopefully will be sold soon using options)-
Healthcare (8): JNJ, ABBV, PFE. CAH, AMGN, BDX , MDT, BMY, -
Energy (8): XOM, RDS/B , OXY, BP. CVX, VLO, AMLP, mystery stock to be named in the future -
Tech (2): CSCO, ADP -
Industrial(6): BA, CMI, MMM, LMT, UNP, GWW -
Financial (7): MA, V, TROW, NRZ (mREIT), MET -Mystery mREIT & CEF
BDCs (5): NEWT, GAIN , MRCC, HTGC, TPVG
REAL ESTATE or Real Estate Investment Trusts (REITs) or Equity REITs:
Healthcare (3) : OHI, VTR,SNR -
Misc (13): WPC, DLR, STAG, WPG, SPG, STOR, SKT, KIM, APLE, CLDT, CIO-(new and small), -WPGpH
Telecom (2): VZ and T -
Utility (8): SO, D, XEL, MGEE, WEC, DNP, LNT, CNP -
DNP is a CEF which predominately holds Utilities.
Free pdf Download of the Book by Lowell Miller
"The Single Best Investment"
Individual investor focused upon a limited number of diversified stocks. Seeks stocks selling below fair value; favors dividend growth. Advocates fundamental investment analysis, supplemented by the technical charts. Options strategies primarily employed to generate additional income or hedge risk.
Some information about my investing:
I have been investing my own money (and managing it myself) for over two decades now. I would never let anyone else manage my money and neither should you.
My portfolio is structured as a "High Yield Strategic Income" portfolio. The portfolio has evolved over the past 20 years. All distributions are reinvested.
I make every attempt to tell my fellow investors what they "need" to hear, not what Wall Street and the main stream media think you "want" to hear.
"Past performance definitely does not guarantee future results". With that said it amazes me that for most investors of dividend stocks, the best they can do is invest in all the same exact S&P company stocks by largest market cap.
Educate yourself about what people really earn in this country:
Then ask yourself: "How is it possible most people the US can "appear" to be so wealthy?"
It is a starting point to cut through the deception that is the main stream media and Wall Street salespeople.
Also: Everyone no matter what age should watch "Money as Debt"
A personal note:
Our family are active charitable donors to:
* The Children's Hospital of Philadelphia
* St. Jude's Children's Hospital
* Ronald McDonald House
These institutions provide valuable services to children and veterans in need. I know this from personal experience. If you are able, please donate a little something every month to each of these organizations. Thank you.