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

To: Jacob Snyder who wrote (13125)	11/16/2012 5:54:54 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

I would look at SDRL maybe instead of RIG... at least until after RIG's punishment for Macondo/Deepwater Horizon is announced and baked into share price -- I think you'll get a better entry... don't get me wrong, I like RIG a lot as an OSX swing trader, but I like SDRL for the DGI portfolio -- and yes, they are direct competitors. Just my opinion... as Oiljack would say: use or flush...

To: Jacob Snyder who wrote (13125)	11/16/2012 6:17:26 PM
From: E_K_S	Respond to of 34328

Hi Jacob - I like your INTC pick under $20. I own WM from the last time it visited $30.00/share, so that for me is a good one also. I have always looked at AMAT but do not own it. It looks like it is at a value price from the last time I studied the company and they are the leader in the industry. Wow and a 3.5% yield now on their dividend. If you are building an account to also generate income, I recently added CDRpB that provides a 7.6% yield at the current price of $23.75. This is an REIT preferred (commercial shopping centers) IMO very safe. It pays quarterly and could/should appreciate to par (@ $25.00/share) adding another 5.5% to your total return. I have been adding a few different preferred shares to my dividend portfolio. It's best to have these in an IRA. There are monthly payers too. Some discussed here include: MHRpD (Oil& Gas) and many others. When the distributions come in, you can generate enough income each month to go shopping for more dividend payers and/or wait each quarter and buy in "size". I have been able to get some good candidate picks for preferreds at the Income Investing SI Board. Everybody here should check that board out too for new ideas. Finally,if the market takes a big correction, these preferred shares seem to hold their value better than the general dividend paying stocks. I use the preferreds as a source of funds to really load up on the beaten down dividend stocks (ie peel off some shares of the preferreds and buy those dividend payers that sold off). Eventually, as you build back up your cash bucket and no bargain buys are to be had, you can always buy more of these preferreds to park your funds. You earn yield while you wait for the next correction. Therefore, I do both: (1) regularly reinvest some dividends and (2) put some money into preferreds. Then when there is something I really want to buy and am short of cash, I will sell some and/or all of a preferred holding and buy the beaten down dividend payer. I do expect more selling. We have had a very nice run in the last three years. Those are a good list of candidate stocks you listed but remember to stay diversified and do not weight any one sector too much. I am heavy in oil and natural resource stocks and have been moving some of those funds into REITs especially in the IRA account. I also, have been loading up on many more preferred shares as this is supposed to provide another margin of safety (as well as very nice income). I am sure in the coming weeks and/or months many more excellent dividend company buys will present themselves. For me, this thread generally posts those that are excellent buys at the time. EKS