12-10-2021, 08:14 AM
(This post was last modified: 12-10-2021, 08:16 AM by ken-do-nim.)
I'm Ken, 48, living over in eastern Massachusetts between Providence and Boston.
My role on the forum is that of comic relief
My first portfolio out of college was liquidated to buy my first condo. My second portfolio was liquidated to fund my wife's schooling. My third portfolio was surrendered to my wife when we divorced. I started the fourth portfolio last year, and it was mainly leveraged growth in 2020. This is year #1 of DGI investing for me. It's been quite a ride so far!
Due to child support, my budget can't balance without either sending the dividends to checking or liquidating company stock. While I've mostly done the latter this year, my dividends will have reached the point by April of next year where they are largely sufficient to supplement my pay, along with the two "3 paycheck months" I have for being paid every other Friday.
While I have a portfolio yield that probably falls in line with most of the rest of you - 2.81% in the taxable account - I offset the leveraged ETFs with investments in high yielders like OXLC, HTGC, ARCC, CIM, HRZN, NREF and others. Many of these have actually grown quite nicely in 2021. My top DGI names are AVGO, STX, ORCL, & TGT.
My investing thesis is that the world is industrializing rapidly, and technology will spread further and further into our everyday lives (IOT, cloud), and that semiconductors are at the heart of it all, so my largest holding is SOXL.
My role on the forum is that of comic relief
My first portfolio out of college was liquidated to buy my first condo. My second portfolio was liquidated to fund my wife's schooling. My third portfolio was surrendered to my wife when we divorced. I started the fourth portfolio last year, and it was mainly leveraged growth in 2020. This is year #1 of DGI investing for me. It's been quite a ride so far!
Due to child support, my budget can't balance without either sending the dividends to checking or liquidating company stock. While I've mostly done the latter this year, my dividends will have reached the point by April of next year where they are largely sufficient to supplement my pay, along with the two "3 paycheck months" I have for being paid every other Friday.
While I have a portfolio yield that probably falls in line with most of the rest of you - 2.81% in the taxable account - I offset the leveraged ETFs with investments in high yielders like OXLC, HTGC, ARCC, CIM, HRZN, NREF and others. Many of these have actually grown quite nicely in 2021. My top DGI names are AVGO, STX, ORCL, & TGT.
My investing thesis is that the world is industrializing rapidly, and technology will spread further and further into our everyday lives (IOT, cloud), and that semiconductors are at the heart of it all, so my largest holding is SOXL.