10-25-2015, 10:04 AM
(This post was last modified: 10-25-2015, 10:06 AM by Dividend Watcher.)
(10-15-2015, 06:26 AM)OldTimer Wrote: I haven't actually purchased the 4 REITs yet. I am in the process of doing a Roth conversion and plan to put the REITS in the Roth.
That's a smart move, OT. REIT distributions/dividends are not qualified so they don't qualify for the favorable tax treatment in a taxable account and, since Traditional IRA withdrawals are taxed as ordinary income, you get them tax free in the Roth.
(10-15-2015, 06:26 AM)OldTimer Wrote: I was able to purchase WalMart after the drop in price yesterday although I understand that it may drop some more.
At least you are aware of the risk. I think, being a long-term holder, over time you should be fine. WMT is not going the way of the dodo unless they just ignore the macro retail trends. So far, I haven't seen that although the reactions have been slow. At least they seem aware of it.
(10-15-2015, 06:26 AM)OldTimer Wrote: Now I need to figure out the best way to monitor my portfolio (probably quarterly) to make sure that all the companies are continuing to pay dividends and (hopefully) raise them a bit each year.
I don't see a need to closely monitor this portfolio. May just want to scan the earnings headlines and keep track of dividend increases.
One other question ... are your reinvesting the dividends now before actually retiring or are you collecting them?
=====
“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