11-20-2019, 09:21 AM
I've been a dividend investor for quite some time now. I had about $36K from an old 401K that I wanted to invest but wasn't sure what I wanted to do. My Dad had an account with Edward Jones and every month he would get a flyer that listed all the best stocks according to Ed Jones. I went through one of those flyers and picked out 7 stocks with a decent Div Yield, purchased them, and became a buy and hold dividend investor. So when I recently retired, and had more 401K funds to transfer and invest, I carved out another $100K for dividend investments and my dividend portfolio grew to 17 stocks. After my retirement in May I realized that I had much more time to research and actually participate in Forums such as this one. Since that time I learned about M1 Finance and decided to really up my dividend investing by adding any funds I have left over from each months budget. That portfolio consist of 9 pies which represent 9 different sectors and a total of 37 stocks. I had a great weekend moving my percentages around while I waited for the initial funding to complete. Right now the M1 Finance account balance is around $3K but that is probably going to change quickly. My old company has talked me into working on a project part time for a few months and most of those funds will go into the M1 Finance account. Any way thanks for having me and I hope to add to the community.
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