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


To: chowder who wrote (6056)10/11/2010 8:44:26 PM
From: Cogito Ergo Sum  Respond to of 34328
 
become over weighted beyond my risk That is basically how I manage my two kids' accounts.. Works fine and not a lot of work.. I allocate one position (about 5% now) to doing some trading, usually a swing trade so a few weeks to months..... but not having to watch these accounts constantly is very nice... Not in a rush.. I let go of Royal bank last week with a nice cap gain and quarterly dividend payout.. I may actually try and rinse and repeat that whole process on that one.. Hard to play that game on monthly payers.. not a good risk reward as time is not on your side... but some quarterly payers with a lot of liquidity have promise ... and OK it's fun too :O)



To: chowder who wrote (6056)10/11/2010 10:36:49 PM
From: gregor  Read Replies (1) | Respond to of 34328
 
In reply to locking in capital gains I think you should also consider the sector, beta, and overall market in making that decision. For example I bought Potomac Electric on July 9, 2010 . Yesterday I sold after noticing I had a 34% gain in only 3 months. Seemed to good to be true. In a case like that buy another utility, change sectors that may not be as top heavy or rebalance. In my case I bought FNF after noticing it was down over 10% in the past three days, and pays a 5% dividend.