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

To: chowder who wrote (6384)	11/12/2010 7:06:19 PM
From: E_K_S	1 Recommendation Read Replies (1) \| Respond to of 34328

My thought exactly. I see a lot of dividend paying stocks as many separate streams of income similar to a lot of little hoses filling up a bucket. If you lose one hose, the bucket still fills up with water. I owned BOTH Washington Mutual (now $0.08/share) and Citi Bank ($4.27/share). Both at one time paid excellent dividends but neither pays anything now. These hoses to my dividend bucket are no longer. I have built up my paying dividend positions to around 90. That's why I limit my largest position to 6% of the portfolio. Most only represent 2%. I will have to look at what percent of my dividend income is generated from each position. I suspect that the recent additions of preferred stocks and MLPs are the largest contributors. EKS

To: chowder who wrote (6384)	11/12/2010 8:43:31 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

dabum... agree with your strategy and find myself adding more positions than I originally thought I'd hold in a dividend PF. As I rebalance, I notice that I have 4 ng/pipeline centric MLPs and through total returns (dividends plus cap gains) I feel overweight in that space and am thinking about selling one to fund a new position or two that are more divvy growth oriented... but I simply cannot make up my mind which to sell. I have: EPB, EPD, ETP and KMP... all have been excellent... Any opinions on which 3 are best for the long haul? Or would it simply be better to shave them all down so that combined they comprise less percentage of overall dividend portfolio? Jim

To: chowder who wrote (6384)	11/12/2010 9:07:04 PM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

Couldn't agree more with your post, especially with number of positions, of which E_K_S supplied a perfect example. "If you lose one hose, the bucket still fills up with water." My point about using average past yield was that everything can sound good, but won't show its true colors until put to the test of time. Anyone starting with IQT in the early 90s would have been highly disappointed. The use of the C example was just to show that there is no magic bullet. I've taken my share of lumps. Sometimes it seems everyone is searching for that bullet. Some claim to have found it. They just don't share it with me. lol! Maybe they did, and I just can't remember....