10-14-2019, 01:33 PM
My overall investing strategy hasn't changed since I started my DG portfolio. But for many of the same reasons others have cited, that portfolio only accounts for about half of my investment portfolio. The other half is in low-cost index funds in my 401k and elsewhere. I'm content having a lot of it indexed and a lot of it in individual dividend stocks. As the years roll by, I think the percentage is shifting (and will continue) to shift toward individual stocks, but that's mostly a function of what's available in the 401k and investing limits.
The thing that shifts for me most often is whether I have dividends automatically reinvested. I seem to have a major shift on that every few years....
I'd be cautious about a large new pile of cash. I'd certainly invest some of it now (more MO!), but I'd mostly keep it as dry powder to deploy strategically. I tend to keep way more cash than most, but it helps to keep my mind calm and allows me a lot of freedom in decision-making. (For example, I surprised myself by buying a new house this summer after renting for almost 5 years.)
The thing that shifts for me most often is whether I have dividends automatically reinvested. I seem to have a major shift on that every few years....
I'd be cautious about a large new pile of cash. I'd certainly invest some of it now (more MO!), but I'd mostly keep it as dry powder to deploy strategically. I tend to keep way more cash than most, but it helps to keep my mind calm and allows me a lot of freedom in decision-making. (For example, I surprised myself by buying a new house this summer after renting for almost 5 years.)