04-29-2015, 01:39 AM
(04-28-2015, 09:40 PM)stewardinlife Wrote:(04-28-2015, 07:46 PM)Jimbo Wrote: WOW, DW without time to talk. I ALWAYS enjoy the insights of DW.
My gut feeling is when he has the time he will expand on the previous comments.
No DW, that is not a dig on you, you articulate well and I like reading all the good stuff from everyone.
Jim
And I am all ears for DWs input
OMG, you guys are killing me here.
Welcome again, Paul. Being 40 is not late to the game. You've got lots of time left to do well, especially with the resources you're bringing to the table.
Maybe I'm wrong but from your first post, you sounded like you were just getting into individual company investing rather than picking some mutual funds for your pension & Roth. Somehow you ended up on a "dividend growth" forum. So my first question is, what are you thinking a dividend growth strategy is? I don't mean to put you on the spot (the question is rhetorical) but I just find it interesting with the "total returners", "modern portfolio theory (MPT)" adherents and "indexers" all over the place you chose to join a dividend growth slanted crowd. Of course, not everyone here has the same concept. We're not zombies following the same mindless strategy. For some dividend growth is reserved for just a portion of their portfolio. There's nothing wrong with any of the above. For me, it was the most logical for the time I have available until I need some of that money back and for the time I have to devote to research and watching the market. I tried much of the above but was never very good at it. Maybe I just don't have the mental capacity to be successful at them; who knows.
That being said, and my silly notion that I can help point out some ideas for your journey, my next quesion is do you have a plan or goals? Just "do want to do the best I can" is a little vague to help guide you along the way. I'm big on having a guiding document. I went back into the DGF archives and found these threads that may expound on this point:
If you're a reader of Seeking Alpha, I'd also suggest searching on Bob Wells and David Van Knapp for more on developing a business plan for your portfolio. It would be among their older posts 3-4 years ago, IIRC.
You had a pretty interesting list in your first post. The replies added a bunch more good ones to think about; probably enough to make your head spin. So much so that now you don't know how to narrow it down or which you want to tackle first. So again I paged back through because I know we touched on valuations a while back and found these:
There's a ton of good information if you go back through the board. I hadn't realized all the interesting discussions we've had here and so many of our posters contributed some great insights.
Lastly, I'll add to not be afraid of asking "dumb" questions. I ask more than my fair share and the responses are often very illuminating.
Looking forward to your participation.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan