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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (24551)4/6/2016 2:39:44 PM
From: Steve Felix  Read Replies (3) of 34328
 
I have no doubt I will have more dividend cuts. I bought a little CPLP ( 30% yield? ) fully expecting one. I definitely have more in energy that could cut.

I am working up a simple sheet on being at 10% yoc by the end of ten years from my start. I don't plan on
whatever cuts I have keeping me from getting there.

I don't care to be behind the averages. Especially the S+P, but at least until energy comes around it is a fact of life. My timing couldn't have been much worse.

I like to set backstops to keep me from getting knocked off goal. Currently I could take a $1500 cut and still be on goal. I also have $7700 in cash for emergencies.

I believe my biggest backstop is that my sheet doesn't depend on compounding. With compounding, income
growth is back loaded. Working with level amounts from the start allows any dividend compounding to be gravy.
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