It has been a busy month, but I can finally relax for a couple of weeks! We have rented a vacation property to celebrate Christmas with my sister-in-law’s family. This will be awesome to watch all the kids running around the house!
I wanted to leave you with a few good reads from 2018. At the bottom of this post, I also put together 6 safer picks for your portfolio during this market turmoil. Enjoy!
3 Rules to Pick High Yielding Stocks
I decided to do extended research. I wanted to see if I could pick companies with a higher yield that would still meet some basic investment criteria. I’ve been asked many times by DSR members to create a “revenue portfolio”. I was reluctant to create one since I see lots of risks in investing in higher yielding stocks. After lots of research, I realized it was possible to build a solid portfolio with a higher yield. There is a thin line where you sacrifice potential growth for a higher yield without compromising your retirement. It’s not easy, but you can do it. This article highlights rules I use to build a “revenue portfolio”.
The market drops by 10%? Wait a little longer; the big crash is only starting. The market is up by 10%? Just wait for the next correction, it will be worth the wait. Then, 3 years later, you are still on the bench wondering where everybody goes…
Top 10 Canadian Stocks for Retirees
I’ve done some research and handpicked my top 10 Canadian dividend stocks for retirees. I could have selected the 6 big banks, 3 telecoms and 1 energy stock, and I would have been done within seconds. I’m actually starting with 2 banks and 2 telecoms, but I tried my best to build a solid portfolio with more options.
The Portfolio I Would Build if I Retire Today
In this article, I explain how I would change my portfolio if I was about to retire. Today’s part is about the difference between a retirement portfolio and a retiree’s portfolio.
In September 2017, I received slightly over $100K as a result of the commuted value of my pension plan. I decided to invest 100% of this money into dividend growth stocks. Each month, I publish my results. I don’t do this to brag, I do this to show you it’s possible to build a portfolio during an all-time high market. The market will crash… eventually. In the meantime, I rather cash some juicy dividends!
There are companies worth holding… forever!
You can watch my largest webinar of the year. Over 800 investors saw it up to date.
Download 6 Safe Picks for 2019
I can’t wait to publish our DSR returns as of December 31st! As the market is going crazy, 12 of our 15 portfolios beat their benchmark. This is a great example that a long term strategy will help minimize the market drops.
With the market going sideways for the past few months, both US and Canadian markets are on their way to close 2018 in negative territories. There are lots of fluctuations as many investors realize they don’t have the stomach to ride such markets.
Each year, I make the publication of a book titled “Best Dividend Stocks”. This requires several weeks or hard work reading and researching financial statements. The purpose of this book is not to make you sell your portfolio and make you switch to this one. While my members receive the full book, I’ve sampled a few picks for all my readers here. You can download the pdf directly from the site:
Click here to download this free report (pdf)
Finally, let me wish you the Best Holidays you ever had! A Merry Christmas filled with Love and Joy and the impression it was a day to remember! Also sending health and wealth your way for 2019. Enjoy this time with your loved ones and take good care of the ones who really matter.
Cheers,
Mike
Hi Mike:
Thanks for the well wishes for the Christmas season and the 2019. The very same to you and your family.
Thanks for the readings and insight.
As a new investor I am very nervous at what is happening to the market, but that is the way of stocks.
Since I am in it for the long run, even though I am scared I am also hopeful that with time I will see the fruits of my labour.
Thanks again for your insight, very helpful.