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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (3167)	12/31/2009 12:16:34 PM
From: chowder	1 Recommendation Read Replies (3) \| Respond to of 34328

YEAR END 2009 ........................................ Like you, I would have to spend too much time trying to work the numbers in my taxable accounts, with the buying, selling and adding funds. However, I do have a rollover IRA which I will not be adding funds to and it is easy to monitor the transactions and results. I'm using a similar strategy in all of my funds, in fact, I own duplicate positions in most of the equities that will follow. A lot of the equities you see listed below were added in the last 3 months as I took some profits from the older positions and bought new positions. I also put my dividends to work by buying other stocks that pay dividends. This portfolio for the year, had a yield of 4.83%. I expect it to do much better in 2010 because I've added some very high yielding funds. I didn't own any CEF's 4-5 months ago. Now I have a nice diversified basket of about 15. As I list my holdings in this account, keep in mind that my yields may be higher than what you see today on other financial websites. That's because my cost per share is lower than what you can buy today and some of these positions have also increased their dividends since I bought in. For example, I have a cost per share price of $36.33 in CTL. I have a 36.84% unrealized capital gain on this position. (Although I did sell 1/3 of this position recently because it was overweighted.) The annual dividend is $2.80 which gives me a 10.5% yield on my position where if someone bought today, their yield would be 7.7%. Holdings: AA - yld 1.5% (Was bought for cap appreciation. Sold 2/3's when I had a profit in excess of 100%) CL - yld 2.14% CTL - yld 10.5% D - yld 4.82% DEO - yld 4.2% DUK - yld 6.16% EPB - yld 7.24% EPD - yld 6.87% FXI - the yield varies. A China ETF. Bought for cap gains. Up 55.62%. - yld 1.23% this year. KMR - yld 9.23% Divs paid in shares. (Had to sell part of the position recently because it got overweighted.) MO - yld 4.84% PAYX - yld 4.0% SYY - yld 3.53% TOT - yield 6.26% CEF's: (All added in the last quarter.) CYE - yld 10.24% EMD - yld 8.14% ESD - yld 8.24% ETG - yld 9.20% EXG - yld 14.79% IGR - yld 8.64% MRF - yld 10.51% PIM - yld 10.45% PSY - yld 10.01% PPT - yld 10.01% RNP - yld 8.39% UTG - yld 7.75% ZF - yld 11.11% ZTR - yld 10.93% When you look at the yields of the CEF's, they are impressive. That's why I think my yield on this portfolio in 2010 will be much higher than the 4.83% I earned this past year. Most of these CEF's pay monthly distributions and those will be used to buy more equities that pay dividends.