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

To: chowder who wrote (6071)	10/12/2010 6:43:23 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

I'm in about the same boat you are... my dividend PF isn't quite large enough to take on all of the positions I want in it and in the size I want, so I have to generate a higher yield now and/or book some fast cap gains in my much smaller trading account... but I still have some 3%-4% yielders in there that have track records of dividend growth and are likely to both be around and continue raising dividends. It is something of a balancing act until I get all of the positions locked in inside my dividend PF (an IRA)... I don't have nearly enough flexibility in my 401k to do any of the above: invest for long term divvy growth OR high yield now, OR significant cap gains -- only have about 20 Fido funds to choose from that aren't "targeted" funds... you know, the pieces of crap they market to people unwilling to learn anything about investing and simply dump all of their 401k money into a fund designed for retiring in say 2020, etc. The 401k is much larger than my trading account, but significantly smaller than the IRA... and that's where my overall mix in all PFs combined fails to perform in any way I'd like to see... for that reason, I'm considering rolling it all over/converting it into a self-directed ROTH. I'm not 60 (in my 50s, though), so I still have enough time for dividend growth/reinvestment to work well for me overall... I just need to get all of the pieces assembled ASAP to maximize the time horizon and thus total returns. I'll probably always keep 10-15% for trading just to keep me busy and ensure I have a bit of dry powder for extreme opportunities, but job #1 is funding all of the dividend plays on my list at sufficient levels to generate the retirement income I think I'll need. Jim