About Me
About Me
You might be thinking that this is another blog on dividend growth stocks. While this might be true, I think I bring a different method and strategy of investing that you can follow and learn.
My journey has just begun, and I believe that it is never too late to start.
Join me and enjoy the ride.
GOALS
The main goal of this portfolio is to generate a reliable and growing dividend income stream.
My first target is to generate $50K of net income from dividends per year, which mean $70K of gross income.
This way we won’t depend on two jobs all the time.
Later on, I want my dividend income to cover all expenses so that my wife and I could retire earlier.
For that – I will need to generate $100K of net income from dividends per year.
STRATEGIES
I’m following the DGI (Dividend Growth investing) strategy which is very simple: you buy stocks that are paying dividends and have been growing those dividends for a significant number of years in the past.
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- Maintain a weekly watch list of stocks out of the following lists:
Dividend Challengers – a list of stock which have raised their dividends for at least 5 years in a row
Dividend Contenders – a list of stock which have raised their dividends for at least 10 years in a row.
Dividend Champions – a list of stock with 25+ years of consecutive annual dividend increases.Download the list of Challengers, Contenders and Champions.
I’m also looking at the following 2 lists:
The NASDAQ Dividend Achievers – a list of stock with 10+ consecutive years of dividend increases, that also meet certain minimum size and liquidity requirements. Download
Dividend Aristocrat – a list of stock with 25+ years of consecutive annual dividend increases which must also be included in the S&P 500 Index, must have a float-adjusted market cap of at least $3 billion, and must have an average daily value traded of at least $5 million. Download - Invest regularly without trying to time the market
– Invest weekly and buy stocks in chunks of about $1,000 at a time
– Invest available capital in the best candidate(s) at the time - Diversify of stock, sectors and industries.
Following the above rules I’ve created 2 portfolios:
HYHR – High Yield High Risk portfolio
MPDGI – Most Popular Dividend Growth investing
- Maintain a weekly watch list of stocks out of the following lists:
How do I choose which stock to buy? well, you will have to follow me to better understand my strategy.
Some Reading Materials
Why Dividends Matter
Dividends Stocks Tend to Outperform