01-01-2022, 11:21 AM
(01-01-2022, 10:41 AM)fenders53 Wrote: Up and to the right, just like we like it.You have steady dividend growth and of course you are in control of the yield. Mne has been choppy the past 5 years as I was experimenting with this style of investing. I was a growth investor before and will tip toe a bit back in that direction to find my happy place.
And I noticed you mentioned "organic" growth. It is a useful term when discussing year over year performance. I lowered my yield at least a half point this year. It would be inaccurate to say that was a failure. Nor would it necessarily be a big win if I sell all my FANG stocks and buy 10,000 shares of XOM next week. I would like to see that dividend payout post though.
Well, it was steady until a little over a year ago. I think I know why that changed and would do it again but would prefer the upward trajectory to have kept going. Hopefully it picks back up though overall dividends will be a fooler - the IRA is the equivalent of new money and will skew things. But I'll have better tracking for the separate accounts next year.
I could have swapped out everything paying under 2% for 4% yielders and made my income target but the cap gains hit would have been monstrous. This way works too.
My de-REITing represents both a failure and a success. I was experimenting with them in the Roth to see if I wanted to own a chunk of them in the IRA. Based on the results they're not something I should be investing in - so that was a failure, but I also learned this, so it was a success. Better to find that out in 2020 than 2023 when I was thinking of having as much as 20% of the IRA in them.