08-02-2015, 01:13 AM
Then you so much for the reply!
Funny you say that about GE, can you please expand on why you think it's a bad bet? It was actually on my top priorities based on
http://www.nasdaq.com/symbol/ge/analyst-research
The list came up by reading stuff here and there, but you are right, it's mostly stuff others own and have talked about recently.
My idea is to accumulate/compound a couple million for 25/30 years and let it be a source of income for retirement and for my kids when I'm gone. And yes, I'm aware of the idea that if the market drops it's an opportunity and not a risk as I'm looking for the dividends and not just growth.
Funny you say that about GE, can you please expand on why you think it's a bad bet? It was actually on my top priorities based on
http://www.nasdaq.com/symbol/ge/analyst-research
The list came up by reading stuff here and there, but you are right, it's mostly stuff others own and have talked about recently.
My idea is to accumulate/compound a couple million for 25/30 years and let it be a source of income for retirement and for my kids when I'm gone. And yes, I'm aware of the idea that if the market drops it's an opportunity and not a risk as I'm looking for the dividends and not just growth.
(08-01-2015, 11:09 PM)Dividend Watcher Wrote: Rasec,
First, welcome to the United States. Second, welcome to DGF. You've come to a great place with lots of smart people.
Interesting list, I own many of them and some that I'd like to. There are also a couple that don't interest me: Dow and GE, for example. I'm still contemplating what to do with my GE holding now.
How did you come up with this list? What price do you want to pay for each company; in other words, what do you think is a fair value to buy each of them at? I'm asking not to be a wise guy but because I am concerned you, being a new investor, made this list up because they are talked about often. Why these companies? How are you going to feel if they drop 20-30% or more in the next year?
What are your goals for this portfolio? What time frame are you looking at? I'm guessing at least 30 more years before your retire. What are you going to do if a company freezes the dividend for a couple years? How about if they cut it? What about eliminating it?
That being said, and as I said above, you've got a great starting lineup for the most part. I'd pick a few and open a starting position in a few until you get a little more experience and the add along the way as you learn more.
Looking to hearing more from you. In the meantime, there's a lot of good information here to skim through.