Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Thehammer who wrote (34121)	9/8/2022 10:44:01 PM
From: Steve Felix	1 Recommendation Recommended By Graustus Read Replies (1) \| Respond to of 34328

People will take this the wrong way, and I could care how anyone invests, but facts are facts. "I would like to interject a cautionary word. In some cases both parties can be right even though they have opposing viewpoints" If you can show me a DGI portfolio that has kept up with the market over any extended period of time, I will agree. Otherwise, they could buy more income right now having invested in SPY. "DGI usually do much better in a correction but still decline." With the Naz below the S+P they should be, and yet they don't seem to be, other than against tech stocks. Until someone is willing to show it, I will continue to believe, that taking a little slice of a big market, and thinking you will do well against it, makes no sense. Right now, someone is thinking to themselves - but my goal is increasing income. Except for those in retirement that need the money to live, I covered this above, where buying SPY would have been better. I'm not stupid, but I am also not the sharpest tool in the shed. Few will pay attention because they are set in their ways, but I will share a few facts anyway. David Van Knapp seems to have the longest running DGI portfolio. End of Dec. his YOC was 11.5%. Even though he has 19 months more time in than I do, end of Dec., because I was willing to buy preferreds and baby bonds, my YOC was 18.86%. I had way more money coming in to invest than he did, for a good long while. A little math shows me that with Ameritrade 3.45% one year CD rate, if I sold everything, and put it in that CD, my YOC would be 20.48% I think many do DGI because they don't have the time or inclination to want to do better. There is nothing wrong with that. I also think there are many where that income makes a difference in living. Nothing wrong with that either. Lastly, I think there are those with the time and inclination, but they are pretty sure they can't beat the market. I think the market is made for the little guy, and they are selling themselves short. I never hid anything here. the same people that think this wasn't a mistake: Dividend investing for retirement Message Board - Msg: 31470008 (siliconinvestor.com) Now using this for long term S+P return w/dividend reinvest: dqydj.com S+P 500 Since Jan. 1, 2010 =...... +191% My IRA $178,517 to $329,707...... +84.7% It got worse. This is when I had had enough: Dividend investing for retirement Message Board - Msg: 31910756 (siliconinvestor.com) Now using this for long term S+P return w/dividend reinvest: dqydj.com S+P 500 Since Jan. 1, 2010 =...... +205.49% ( site not updated to Nov. end ) My IRA $178,517 to $306,034...... +71.4% Will think this is just luck: ***Now using this for long term S+P return w/dividend reinvest: etfreplay.com Updated on time, using start date 12/31/2009 Longer term short term day trades. Message Board - Msg: 33984128 (siliconinvestor.com) S+P 500 Since Dec. 31, 2009 =....+352.1% My IRA $178,518 to $1,011,624 = ..+466.6% Just saying that if this dull tool can do it, so can they. In the early year market fall, preferreds held up way better than most DGI stocks. When I posted beginning selling them to invest in growth stocks, the Nasdaq was already down 17.9%. I still had more for the further fall: Message 33755077 I think my YOC has now fallen a little behind DVK, but I could change that anytime I wanted to, and as of today, I am up 9.56% for the year. If the market wants to swoon again, I still have the 2000 TECTP which has traded 3/4% above par ever since I bought it. Like a sale where you can sell at full price, and buy at a discount. Full disclosure: I do not need any money from this account, so setting it up for my kids to inherit, buy I had already got off the more income train in the Dec. 2018 year end swoon.