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

To: Steve Felix who wrote (5341)	8/9/2010 7:16:55 PM
From: chowder	Respond to of 34328

Yeah, I saw it. You might want to print it. You may end up in last. <lol>

To: Steve Felix who wrote (5341)	8/9/2010 8:37:16 PM
From: chowder	Read Replies (1) \| Respond to of 34328

I don't like contests. I know it's fun for a lot of people, but it takes away from what I wish to focus on. A lot of people don't play with the same picks, the same way, in real life anyway. Although my focus isn't on the S&P 500 as a gauge to whether my system works, or not ... my dividend portfolio is up 14.4% on the year and I'm just now starting to get into receiving the dividends for this month. I think going forward, my focus is going to be "yield on value" and "yield on portfolio cost." Yield on value: I'm going to take the value of the portfolio on January 1st and try to insure that dividends going forward represent at least a 2-1 advantage over the S&P 500 dividend yield. Yield On Portfolio Cost: This is important to me! I know what the portfolio cost me. I want to get the yield on that cost up to 18%-20% as quickly as possible and reinvesting dividends is what will get me there. I'm going to need those funds in 5-6 years and I want a decent return on my investment. I don't want to liquidate anything to provide me with income. I want it all from dividends. My yield on portfolio cost is up to 10.2% as of a week ago. I did this in just a year and a half, starting from scratch. I've seen too many people hit retirement age and then look for a place to get returns ... and in the last two years, there wasn't an avenue for them to use ... without taking on more risk than they wished to at their age. Dividend investing is a marathon, not a 100 yard dash. Short term trading is exciting. But unless someone can repeat that process consistently over time, most people underperform the markets. Might as well buy the S&P 500 Index Fund in that case.