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

To: Steve Felix who wrote (25948)	11/10/2016 7:58:41 PM
From: JimisJim	1 Recommendation Recommended By Triffin Respond to of 34328

She's taking it slowly... been taking 1/2 positions, about 4 times a week, never more than 2 in same day... this week, she's been very happy about it -- she loves to shop and loves discounts, so this has been a good week looking at the utes, telecoms, consumer defensives -- she is very interested in the REITs now... though I've been "pushing" more utes, too... she is just now "getting" why yields rise as share prices sink have had many discussions on this, but finally broke through with simple X over Y = nominal yield on cost where X is dividend in US$ and Y is current share price -- she finally gets that as a DGI/Income investor with no plans to sell that SHE controls what the value of X is, while the market sets the Y value and to focus on what she can control, i.e., X... Still lots of cash, though, but taking things at a pace comfortable to her... I help her "shop" through my 100-stock watchlist and/or holdings from my own PFs and show her how I decide "value"... other than that, I have been selling her on the idea of diversification across sectors and now within sectors... about the only sectors she has not bought into yet are energy and financials... probably no need to rush those anyway. She likes the notion of only buying, not selling... and does her happy dance when she gets a dividend -- so far, she has not decided whether to DRIP all or some of her positions, defaulting to collecting the cash for now... says the reinvesting part/decisions she wants to wait on for now as she digests things... She was a special ed teacher specializing in learning disabilities... one of the reasons she was so good at it (4 teacher of the year awards from both district and county over her career) is that she has (and well knows) that she has a couple herself, mostly ADHD and can only do one thing at a time, but also she has to "see" something to learn it, as well as having a lifelong struggle with making decisions in general -- one of my fears has been her propensity wrt buyer's remorse over every single thing she buys regardless of how well it worked/works out for her. I have escaped any stink eye or criticism so far... her purchases have all been very solid and chooses the least risk when choosing between specific stocks, which is fine... we don't need any income from her PFs, so have been slowly filling her in on building a PF that grows income faster than inflation and also generate enough income so that she can meet her RMDs when she has to in 6-1/2 years without selling any stocks/shares. I'll post her PF holdings so far the next time we sit down -- I don't have access to her accts. at this point, something we are discussing for down the road and as part of evolving discussion on survivor stuff if/when one of us goes first. So although her pace is a bit frustrating to me, it has actually been beneficial to her in terms of the prices she's paying for stocks she would probably buy anyway, but getting the current discounts on the "boring" stocks she's been buying... it's all good... she also loves buying shares of stock in companies she does business with/knows well already in terms of the real world.