01-19-2018, 08:06 AM
(01-17-2018, 04:47 PM)ChadR Wrote: If you're OK with some non dividend payers, you might want to look at FB, GOOG, and AMZN. I believe that FB and GOOG will eventually pay a dividend. Similar to what AAPL did.
Thanks Chad! Yeah I watch those names all the time. I am an avid user of AMZN but it's hard to swallow that P/E even though everyone swears they are taking over the world...I actually like NFLX which has a similarly ridiculous P/E multiple. I just think they have such a content edge and momentum they will stay the leader in that world for a while. The FANG group is always watched nonetheless.
Ultimately the goal of this portfolio is a secure, stable dividend growth platform. I really want the dividends to offset the cost to carry the monetization loan for the 1042 rollover. Once monetized I will have this portfolio to sit on for 30+ years but have cash from the loan to create an entirely new portfolio without the crazy rules. One where I can use ETFs, foreign firms, REITs, MLPs, etc. So ultimately I am trying to stick with relatively sane P/E's that throw off some dividend, focusing on growing the dividend over consecutive years and/or stock buybacks (not by using excessive debt to do so). I wanted to beat the S&P dividend average and get closer to 3% for the total portfolio which I've managed to do. I've got a little room for some speculative names, even non-dividend players to stick in various sectors if I wanted to.
I'm short on IT so I probably need to focus on GOOG some more. I sure wish they'd pay a dividend!