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


To: Kip S who wrote (31066)4/9/2019 11:24:20 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
Sorry, I stand corrected, Kip... thx for the info.../eom



To: Kip S who wrote (31066)4/10/2019 12:15:44 PM
From: Thehammer3 Recommendations

Recommended By
Kip S
robert b furman
sm1th

  Respond to of 34328
 
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.

Unfortunately, DGI is not well understood outside of the investors who practice it. It is more of an art than a science. Growth is most certainly a component both in terms of income and capital appreciation. There were many investors who lost significant sums during the market downturns (2000 & 2008). The DGI investors who didn't panic did very well.

You may not have received any solace there but you can laugh all the way to the bank.



To: Kip S who wrote (31066)4/10/2019 4:17:05 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
I think you're doing fine... Steve Bavaria has an interesting article on SA about the market beating difference between any traditional cap gains only PF vs. DGI (specifically screened) and used JNJ as an example... showed that while the share price for JNJ was virtually flat for 10 years, underperforming its own revenue growth, but the next 10 years the share price way outperformed the revenue growth and became "over-priced"... factor in it's constantly faster than inflation divvy increases and it gets ridiculous to even discuss...

FWIW, JNJ is one of my oldest holdings and I dripped it for 10 years or so, too, but is in my top 3 of total returns out of all the sexier stocks out there or that I own... also in the top 5 for me are utes: AEP, LNT and WEC... think about that... 4 of my top total return stocks over the last X years are JNJ and some utes... MMP is in the Top 5 for me (lucky timing on initial buys, not brains) and MCD was a close 6th... see any patterns there?

Other top total returners for me in order: O, PG, VZ, KO, D, EPD, WPC, CVX, and this next one surprised even me: OHI... but I bought in mid-20s (again, luck, not brains or anything)...

My CEFs (I've weeded a few): OXLC (actually showing cap gains I"ve held it so long and yielding north of 15%), ECC (similar to OXLC yielding 13%); EOS, IGA, HIE and UTG... I once had 2-3 others like TPZ, ETV, and something else that escapes me right now...