RE:RE:From #1 to bottom of the heapHey Bossu
My wife & I are dividend income/growth investors and really only care about having enough dividend income to cover all our expenses. As it sits, we have over 2.5x the income we need so we never have to sell anythng if we don't want. The only time we would consider a sell is if something changes with the company, including a dividend cut. This is why I would consider trimming AQN with their messy debt and a dividend cut not being out of the question. (see ALA, IPL, etc, etc)
Day to day or even year to year stock prices don't really matter to us.
This is your basic strategy for an income investor. If you want to learn more about it, have a read of Henry Mah's "Your Ever Growing Income".
Ciao
Sarge
bossu wrote: Nice looking portfolio !
Why taking any risks now even with nice yielding dividend stock !
You may have a 6,0 % yied but the stock goes down 15 % in a matter of a few months ...or days !
Good example with KEY that have a nice dividend .Top of the yielding dividend stock.Same thing with Gibson and many others
In a matter of hours this morning Key share price as gone from $ 30,34 to $ 31,56 to close at $ 31,07
A few days ago the share price was at $ 32 or so.
I did have some but sold BEFORE the FR.
Just to say that at this moment I prefer to be 65 % cash (where I was at 60 % ) and being in the Gas sector where the reward is pretty good (!Bir and TOU for example)
Of course ''aging'' and time is a big factor and part of the 35 % is invested in high reward paying stock.