04-10-2014, 04:17 PM
(04-10-2014, 06:40 AM)Jason Wrote: I took a few ideas I liked from a couple of Seeking Alpha contributors that I follow. I believe Bob was one of them.
Overall a great plan and one you should do well with. My only comment is that don't be too quick to sell any of your good stocks. If you've taken the time to evaluate and select good stocks (as you've described) I'd hesitate to sell if they froze their dividend for good reason (ie: canadian banks froze their dividend during the financial crisis). Even if they plan to spin off, you'd end up with two shares of a good company.
I also agree with the 100% invested in dg stocks, but often I will keep cash if I cannot buy any of my stocks at a value price. Believe your long term returns will to some degree be determined by the price you pay for the stock.