03-06-2014, 10:41 AM
One thing that I failed to bring up. Do you have a business plan for your portfolio?
Is your goal simply to beat the S&P? Every year? Over a period of "x" years?
Build a reliable income stream?
Grow your income at a certain annual % rate?
Provide a certain # of income in the coming year?
Are you investing only in DGI stocks or are you also looking for capital gains type plays?
Do you have any set requirements for financial stability of the companies you are investing in?
Any requirements for historical dividend growth rates, aka, the "chowder rule"?
Are there any sectors (staples, energy, financial, utilities, discretionary, materials, tech, healthcare, etc.) or investment types (stocks, bonds, MLP's, REIT's, BDC's, preferred's) that you prefer or tend to avoid?
Is this a taxable account or a shielded retirement account?
I think answering those types of questions will be helpful to you in creating a strategy. Its hard to build a portfolio without knowing what the goals of the portfolio are.
Is your goal simply to beat the S&P? Every year? Over a period of "x" years?
Build a reliable income stream?
Grow your income at a certain annual % rate?
Provide a certain # of income in the coming year?
Are you investing only in DGI stocks or are you also looking for capital gains type plays?
Do you have any set requirements for financial stability of the companies you are investing in?
Any requirements for historical dividend growth rates, aka, the "chowder rule"?
Are there any sectors (staples, energy, financial, utilities, discretionary, materials, tech, healthcare, etc.) or investment types (stocks, bonds, MLP's, REIT's, BDC's, preferred's) that you prefer or tend to avoid?
Is this a taxable account or a shielded retirement account?
I think answering those types of questions will be helpful to you in creating a strategy. Its hard to build a portfolio without knowing what the goals of the portfolio are.