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

To: JimisJim who wrote (31064)	4/9/2019 11:07:38 PM
From: Kip S	5 Recommendations Recommended By E_K_S Graustus JimisJim rnsmth sm1th Read Replies (3) \| Respond to of 34328

I can't remember anyone posting here who is 100% DGI That would be me, JJ. Don't know about rnsmth or anyone else. Tax issues are a reason I avoid REITs, BDCs, etc, but I get 100% of my investment income from qualified dividends. Am I the only one? I have nothing in fixed income and don't care to. I am not counting "emergency" funds held in MMFs. I am feeling a bit lonely, though. I just posted a detailed [and somewhat eloquent :-))] defense of DGI on Fidelity Community Investor forum, where living off dividend income was deemed "wrong" and worse. The Fidelity forum can be pretty hard for me to take, so I find some solace here. One of the reason DGI was characterized as "wrong" was because it was (allegedly) an error to forego growth in favor of income. When I posted the results of my DGI portfolio vs. the S&P over my seven years of DGI, that quieted a few people down, but that's all. BTW, my pretty traditional DGI portfolio underperformed the S&P by 5%-7% over seven years (price only), but made up for that with the extra dividend income. Plus, my beta is about .78 vs 1.0, so much better on a risk adjusted basis. (End of semi-rant)

To: JimisJim who wrote (31064)	4/10/2019 4:31:43 AM
From: rnsmth	2 Recommendations Recommended By Graustus JimisJim Read Replies (2) \| Respond to of 34328

In mid 2017 I bought our first CEF. Over the next year, I added 4 CEF positions and sold one, TPZ. I sold TPZ when I added KMI, and between it and our ENB position, I had plenty of midstream/pipeline companies. Now I hold ETO, NIE, UTG and PTY in CEF land. They constitute 9.4% of our portfolios but produce a whopping 17.6% of the income generated by those portfolios. Combined the four positions show some small share price gains, but those are eclipsed by the annual income they produce. The strategy is working, I suppose :). I know some others have either dabbled in CEFs or hold them as an important part of their cash flow production.

To: JimisJim who wrote (31064)	4/10/2019 5:41:55 PM
From: sm1th	2 Recommendations Recommended By Hoatzin JimisJim Read Replies (1) \| Respond to of 34328

though as many of us age, Who among us has figured out how not to age? I want to know!