Last week, I started a short series about dividend investing for beginners. I noticed that it had generated a few comments as I waved the first option that would be to start with stock picking right away. I still believe that starting with 1 or 2 stocks in your portfolio may put you at risk if you are just starting to learn the investing ropes and you are not fully aware of all the risks. I remember when I first started trading back in 2003, I thought I knew how the stock …
Why Asset Allocation is Important to my Dividend Portfolio (and my current allocation)
It has been a long time since I reported on my asset allocation. If you have been following the blog for some time now, then you know that I believe that the right asset allocation is important for a dividend portfolio - any portfolio for that matter. Among the academic reasons for a sound asset allocation that covers the right balance between risk and reward which leads to the right level of volatility for a portfolio which also helps determine return, there are other reasons I like asset …
Review: The Only Stock Advice I Pay For
I have never had much success with stock newsletters. The trouble is that over the years I often got sucked into subscribing to them with the promise of riches and huge stock market gains. As an example, I have been a subscriber of newsletters such as The Motley Fool's Hidden Gems and Income Investor, Gordon Pape's Internet Wealth Builder, and even the Keystone Small-Cap Report.[ad#tdg-embedded] The trouble with all of these was that they provide me with recommendations for individual stocks …
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My Asset Allocation Update
I write a lot about my asset allocation on this blog. That is simply because it is the most important component of portfolio performance that an investor can work with. I keep very close track of my asset allocation in an Excel spreadsheet. If you have been reading the blog for a while, then you know that I have been slowing working on bringing my asset allocation more inline with my target allocation (here, here, and here).[ad#tdg-embedded] It has been slow progress, but I am happy to …
At Least 25 Lazy Portfolios You Can Use
I invest in a hybrid between index funds and individual stocks. My dividend holdings are Canadian and Unites States companies with a history of increasing their dividends. The other portions of my portfolio are in various index funds covering asset classes such as global equity and fixed income. That being said, I am often the first one to say to most people that a a lazy portfolio is most appropriate for them. I love owning individual stocks, especially dividend stocks, but it takes a lot …
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The Top 3 Dividend Investing Books
I thought picking my top 3 dividend investing books was going to be something that was easy to do. I was wrong - there are a lot of good dividend investing books available. However, picking the best 5 out of all of these books turned out to be a challenge. As a result, I came up with a list of three criteria that each book had to have to make it to my top 3 list. Here is the criteria I uses: The Book Must Offer More than Just "Selling" Dividend Investing as Good In other words, the …