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Strategies & Market Trends : Dividend investing for retirement

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From: chowder	1/21/2010 2:28:06 PM
	Read Replies (2) of 34328

Sometimes we get lucky. I'm feeling lucky today as the markets pull back further. Earlier this month, I sold AA - yld 0.80%. I had a profit in excess of 100% and it was paying a minimal dividend. I decided to sell and took the money to buy BP - yld 5.40%. The AA share price is down 12.4% from my sell point and my BP position is up 0.41% from my buy point. I also sold FXI - yld 1.23% for a very nice profit and bought KO - yld 2.90% with those proceeds. FXI is down 7.1% from my sell point and KO is down 4.5% from my buy point. Although KO is down, it isn't down as much as FXI. With the market selling off, I now get paid to wait with some fairly decent dividends. While the other positions would need to show capital appreciation to get back to where they were. Dividend investing is taking the stress out of a falling market for me. Just another view.

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