Dividend Growth Portfolio - Objective: Retire by 50

[kayboy]

(02-08-2016, 06:30 PM)Rasec Wrote: So this is a view of my current portfolio (in green) and what I would like to have in the future. Some might say I'm looking for over-diversification, though I agree it might be the case, it'll also help me sleep better at night knowing there'll always be something in the green when everything else could be in the red! 





I currently own roughly 30 positions and would be happy with 50! From there, the focus would be to grow all my positions. 

In terms of ideal split by sector, I would say I would like something like this:

Larger positions of ~12.5% in Cons. Goods + Energy + Healthcare + Ind. Goods
Smaller positions of ~10% in Cons. Discretionary + Financial + REITs
Back up positions of ~5% in Basic Materials + Tech + Telecoms + Utilities


Ultimate goal is to hit $1M in value! I'm between 10 and 20% of that goal. I want to be there in less than 10 years from last July. 



Please criticize my choices and point any flaws you can see in my strategy.

 1). A million dollars isn't what it used to be.
 2). If you own DOW or DD, you own both since they are set to merge and then, split the company into 3.
 3).  I am holding onto all of my energy positions for the time being, too volatile. Neither a buyer nor seller at this time, the fruit of patience is always sweet.
 4). I really like GIS (would like to see a nice pullback) and AEP, but you look good in the utility sector.
 5). Like my daddy said..."Don't believe anything you read and only half of what you see."