08-26-2016, 08:21 PM
I remember how exciting my first small dividend check was!
Unfortunately it is getting harder and harder to find undervalued or even fairly valued DGI stocks in this over heated market. However, looking through your list of holdings, only KO jumps out at me as being overpriced (25 P/E).
As far as growing individual stock positions versus diversifying, I usually try to make sure no one stock is producing more than 10% of my dividends. This is more of a down the road goal as you build up your portfolio. I would also try to diversify across market sectors. I recommend you at least add exposure to healthcare, industrial, and utilities.
Unfortunately it is getting harder and harder to find undervalued or even fairly valued DGI stocks in this over heated market. However, looking through your list of holdings, only KO jumps out at me as being overpriced (25 P/E).
As far as growing individual stock positions versus diversifying, I usually try to make sure no one stock is producing more than 10% of my dividends. This is more of a down the road goal as you build up your portfolio. I would also try to diversify across market sectors. I recommend you at least add exposure to healthcare, industrial, and utilities.