SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JimisJim who wrote (6070)10/12/2010 6:25:19 PM
From: chowder1 Recommendation  Read Replies (1) of 34328
 
>>> That's why the issue is different for everyone... for the kids, it's a no brainer in this market, but if you are already 60, and just starting down the dividend road, things are very different. <<<

Excellent points Jim!

When I talk dividend investing, its funny because I'm talking from the viewpoint of my 25 year old son and 18 year old daughter, so compounding and yield on cost become important.

Therefore, I load them up with lower yields and high dividend growth rates.

In my case, I don't want to buy anything that doesn't yield at least 6% minimum. I got started late in the dividend business and must take on a little more risk to generate the income for down the road. I still mix in some good dividend growth companies though.

Reliability is a key point for me as well. I lost track of how many companies I own that raised dividends this year. I'll look that up later. I do know how many lowered or eliminated it though. ... One! ... That was BP.

It's important for me, at my age, to know the dividends will be there. I'm willing to accept a smaller yield for dependability and reliability.

Now that I have a good mix of dividend growers, I'm focusing on 6% yields or more in my portfolio for future purchases.

I'll be adding more FTR tomorrow. I was impressed with the FTR CEO interview on CNBC. She clearly stated that FTR wants to be a high yielding company. Current yield about 9% and she says they want to increase it starting about two years out. I can handle 9% until then.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News