12-07-2021, 05:46 PM
Here is my taxable account portfolio as of market close on 12/7/21. I downloaded the excel file from Fidelity and deleted all columns except symbol and %. Not sure how it'll format here.
Symbol Percent Of Account
Cash 1.17%
AAPL 13.21%
MSFT 11.50%
ABBV 8.20%
MO 5.94%
UNH 5.85%
GOOGL 5.75%
ITW 5.57%
LYB 5.50%
WSM 5.36%
PFE 4.66%
LMT 3.64%
CVS 3.43%
VZ 3.01%
PM 2.92%
NEE 2.87%
BBY 2.48%
AOS 2.34%
ADM 1.88%
GD 1.82%
T 1.72%
OGE 1.19%
A couple of notes. Some of you may look at this and ask, "If you wanted to fund your retirement completely from dividends, why in the world did you ever buy AAPL, MSFT, UNH - the list goes on, right? Well, there's a story here.
I first got into stocks on 3/8/2017. Until then I had been in real estate, primarily farmland.
I started selling my ground in late summer, 2016. I had this idea of how much it should bring and with cap gains decided it wasn't enough. I had looked into DGI, liked everything about it, but what I expected to receive wasn't enough to generate the kind of income I wanted. So when I first started I was looking for growth and cap gains and did a lot of different things.
So the property sales continued. Everything went for more than I expected and one sale that I received the check for in June, 2018 went for way more. Suddenly I had reached my number - that was how I thought of it, "my number."
Now I still wasn't a committed DGI investor. That came about in fall, 2018. I was leaning towards dividend-payers and the last three months of the year was a fire sale. I probably turned over 35% of my portfolio selling things like AMD, MU, NVDA, etc., to pick up dividend-payers.
Funny thing was, I didn't know it even then - it was early 2019 when dividends started rolling in from all the new companies that the light bulb went on that this could work. So I looked at every stock I owned to ask myself if it was a good company to hold. If something I owned had a low yield but was giving robust annual increases I kept it.
I could have - if I could have stomached the cap gains tax hit - sold, say, everything yielding under 2% to buy something yielding over 3 with an average of 4% and I'd be living completely off my dividends. But guess what - I like owning MSFT, UNH, even GOOGL and AAPL are OK. I call my buying these companies a "happy accident." I am happy to have the kind of mix I have even though it means I'll need to sell a little GOOGL and AAPL in retirement.
A few additional numbers, these come from my SA November Portfolio Review: https://seekingalpha.com/instablog/48196...-blog-post and are as of market close on November 30:
Yield: 2.67%
"Organic" (no dividend reinvestment, just 5-yr DGR balanced for position size) DGR: 8.99%
I am not worried about AAPL and MSFT making up over 10% of my value. I AM a little concerned about how much of my dividend income MO and ABBV contribute. As of the end of September, 15.75% and 12.21%, respectively. That's a chunk at risk if something catastrophic happens to either of them.
Those numbers come from my Third Quarter Portfolio Review at the end of September. You can find the dividend contribution - expected for the next 12 months - in that post: https://seekingalpha.com/instablog/48196...retirement There are a couple of tables about 1/3 down the page.
And yes, I throw up a little in my mouth every time I see that I own T. It's down from about 85% of a full position at the start of the year to about a 40% full position now and I have my full $3k in tax loss sales.
That was more than a couple of notes - sorry. I can be an over-writer.
Symbol Percent Of Account
Cash 1.17%
AAPL 13.21%
MSFT 11.50%
ABBV 8.20%
MO 5.94%
UNH 5.85%
GOOGL 5.75%
ITW 5.57%
LYB 5.50%
WSM 5.36%
PFE 4.66%
LMT 3.64%
CVS 3.43%
VZ 3.01%
PM 2.92%
NEE 2.87%
BBY 2.48%
AOS 2.34%
ADM 1.88%
GD 1.82%
T 1.72%
OGE 1.19%
A couple of notes. Some of you may look at this and ask, "If you wanted to fund your retirement completely from dividends, why in the world did you ever buy AAPL, MSFT, UNH - the list goes on, right? Well, there's a story here.
I first got into stocks on 3/8/2017. Until then I had been in real estate, primarily farmland.
I started selling my ground in late summer, 2016. I had this idea of how much it should bring and with cap gains decided it wasn't enough. I had looked into DGI, liked everything about it, but what I expected to receive wasn't enough to generate the kind of income I wanted. So when I first started I was looking for growth and cap gains and did a lot of different things.
So the property sales continued. Everything went for more than I expected and one sale that I received the check for in June, 2018 went for way more. Suddenly I had reached my number - that was how I thought of it, "my number."
Now I still wasn't a committed DGI investor. That came about in fall, 2018. I was leaning towards dividend-payers and the last three months of the year was a fire sale. I probably turned over 35% of my portfolio selling things like AMD, MU, NVDA, etc., to pick up dividend-payers.
Funny thing was, I didn't know it even then - it was early 2019 when dividends started rolling in from all the new companies that the light bulb went on that this could work. So I looked at every stock I owned to ask myself if it was a good company to hold. If something I owned had a low yield but was giving robust annual increases I kept it.
I could have - if I could have stomached the cap gains tax hit - sold, say, everything yielding under 2% to buy something yielding over 3 with an average of 4% and I'd be living completely off my dividends. But guess what - I like owning MSFT, UNH, even GOOGL and AAPL are OK. I call my buying these companies a "happy accident." I am happy to have the kind of mix I have even though it means I'll need to sell a little GOOGL and AAPL in retirement.
A few additional numbers, these come from my SA November Portfolio Review: https://seekingalpha.com/instablog/48196...-blog-post and are as of market close on November 30:
Yield: 2.67%
"Organic" (no dividend reinvestment, just 5-yr DGR balanced for position size) DGR: 8.99%
I am not worried about AAPL and MSFT making up over 10% of my value. I AM a little concerned about how much of my dividend income MO and ABBV contribute. As of the end of September, 15.75% and 12.21%, respectively. That's a chunk at risk if something catastrophic happens to either of them.
Those numbers come from my Third Quarter Portfolio Review at the end of September. You can find the dividend contribution - expected for the next 12 months - in that post: https://seekingalpha.com/instablog/48196...retirement There are a couple of tables about 1/3 down the page.
And yes, I throw up a little in my mouth every time I see that I own T. It's down from about 85% of a full position at the start of the year to about a 40% full position now and I have my full $3k in tax loss sales.
That was more than a couple of notes - sorry. I can be an over-writer.