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Anyone invested in the market

Yeah, I am. It's been a long road though and along the way, I've learned many things, adjusted my purview countless times and only recently came to the conclusion that I've been "doing it wrong" all this time. What I mean by that is that since my point of being in the market is for retirement purposes only, trying to find that right group of stocks that will "get me set" for retirement is a fool's errand.

So, a few years back, I decided to invest in a target retirement fund from Vanguard and so far I've been successful and have even outpaced inflation, though, I did lose thousands of dollars in the most recent correction a month or so ago. This loss got me thinking about what if I was 65 this year and this correction happened? I'm sure there were thousands of folks who were in that predicament. So, instead of continuing to put more money into my TRF, I've decided to take the dividend yield route. Invest only in stocks that pay a dividend yield so this way even in the down times, I am still getting a "consistent" payout regardless of the market volatility. I put quotes around consistent because, yes, there is a chance that the dividend could get cut but if I've done my due diligence the chances of this happening are slim.

Anyway, as far as planning for the future, I started out late. I racked up thousands of dollars in CC debt and it was only until my early 30's when I got out from under all of that and started making changes financially. Anyway, I won't bore you with my journey and subsequent discovery down this financial road but I am definitely in a better place today, financially, than I ever have been.

Holdings:

I have 3 DRIPS I started almost a decade ago (I'd rather not post what I have of each):

3M 34%
GPC 10%
JNJ 24%

Scottrade
BRK-B 66%

Vanguard ROTH IRA
VFORX 8%

All percentages are to date.

For the next 20 years I will mostly only be adding to positions of stocks with dividend yields.
 
VINYLONE said:
Yeah, I am. It's been a long road though and along the way, I've learned many things, adjusted my purview countless times and only recently came to the conclusion that I've been "doing it wrong" all this time. What I mean by that is that since my point of being in the market is for retirement purposes only, trying to find that right group of stocks that will "get me set" for retirement is a fool's errand.

So, a few years back, I decided to invest in a target retirement fund from Vanguard and so far I've been successful and have even outpaced inflation, though, I did lose thousands of dollars in the most recent correction a month or so ago. This loss got me thinking about what if I was 65 this year and this correction happened? I'm sure there were thousands of folks who were in that predicament. So, instead of continuing to put more money into my TRF, I've decided to take the dividend yield route. Invest only in stocks that pay a dividend yield so this way even in the down times, I am still getting a "consistent" payout regardless of the market volatility. I put quotes around consistent because, yes, there is a chance that the dividend could get cut but if I've done my due diligence the chances of this happening are slim.

Anyway, as far as planning for the future, I started out late. I racked up thousands of dollars in CC debt and it was only until my early 30's when I got out from under all of that and started making changes financially. Anyway, I won't bore you with my journey and subsequent discovery down this financial road but I am definitely in a better place today, financially, than I ever have been.

Holdings:

I have 3 DRIPS I started almost a decade ago (I'd rather not post what I have of each):

3M 34%
GPC 10%
JNJ 24%

Scottrade
BRK-B 66%

Vanguard ROTH IRA
VFORX 8%

All percentages are to date.

For the next 20 years I will mostly only be adding to positions of stocks with dividend yields.
Click to expand...

Solid.
 
VINYLONE said:
Yeah, I am. It's been a long road though and along the way, I've learned many things, adjusted my purview countless times and only recently came to the conclusion that I've been "doing it wrong" all this time. What I mean by that is that since my point of being in the market is for retirement purposes only, trying to find that right group of stocks that will "get me set" for retirement is a fool's errand.

So, a few years back, I decided to invest in a target retirement fund from Vanguard and so far I've been successful and have even outpaced inflation, though, I did lose thousands of dollars in the most recent correction a month or so ago. This loss got me thinking about what if I was 65 this year and this correction happened? I'm sure there were thousands of folks who were in that predicament. So, instead of continuing to put more money into my TRF, I've decided to take the dividend yield route. Invest only in stocks that pay a dividend yield so this way even in the down times, I am still getting a "consistent" payout regardless of the market volatility. I put quotes around consistent because, yes, there is a chance that the dividend could get cut but if I've done my due diligence the chances of this happening are slim.

Anyway, as far as planning for the future, I started out late. I racked up thousands of dollars in CC debt and it was only until my early 30's when I got out from under all of that and started making changes financially. Anyway, I won't bore you with my journey and subsequent discovery down this financial road but I am definitely in a better place today, financially, than I ever have been.

Holdings:

I have 3 DRIPS I started almost a decade ago (I'd rather not post what I have of each):

3M 34%
GPC 10%
JNJ 24%

Scottrade
BRK-B 66%

Vanguard ROTH IRA
VFORX 8%

All percentages are to date.

For the next 20 years I will mostly only be adding to positions of stocks with dividend yields.
Click to expand...

Don't target retirement funds protect you from market fluctuations by the time you are 65? By then, you should have ~65% of your money in bonds I would imagine.
 
Carbon13 said:
Don't target retirement funds protect you from market fluctuations by the time you are 65? By then, you should have ~65% of your money in bonds I would imagine.
Click to expand...

I'm not planning on anything like this conventional wisdom. However, I am planning on a 40 year payout so the risk and time frame will be the similar to that of a youngin. I wouldn't plan on getting close to 65% in bonds until somewhere around 75 years old, and 80/20 at 80ish (depending on what happens with social security).
 
Carbon13 said:
Don't target retirement funds protect you from market fluctuations by the time you are 65? By then, you should have ~65% of your money in bonds I would imagine.
Click to expand...

Yes, the TRF's change allocation as you get closer to the target year but again, I am still affected by market volatility. That being said, the dividend yield route gets me closer to consistent monthly payout via passive income without selling any securities.
 
Jumped out of BTG today at 1.60. Rode it all the way up from 0.91. Thanks to this group here


Sent from my iPhone using JazzFanz mobile app
 
So how about that inContact stock today?

:)

On a side note, today I am grateful for Employee Stock Purchase Programs.
 
Duck Rodgers said:
You expecting anything to change for you personally job wise? Maybe moving to an office overlooking the Mediterranean Sea?
Click to expand...

We'll be a wholly owned subsidiary, operating independently. No beaches for me.
My job gets to be a lot more fun, seeing as how I'm on the WFO side... woot woot
 
Water ETF's. Need some recos. Thought a couple people gave them a while back but that may have been in another thread. I'm thinking med-to-longterm.
 
Sold my GPRO, making a cool $5.5k. Wanted to wait, but this stock is volatile as ****. Was down to $11 just 2 weeks ago. Had to jump ship.
 
Siro said:
Sold my GPRO, making a cool $5.5k. Wanted to wait, but this stock is volatile as ****. Was down to $11 just 2 weeks ago. Had to jump ship.
Click to expand...

Nice work.
I bought a bunch when it was at around $10, but sold when it approached 11 because I was looking more closely at a REIT that I really like.
Wish I had stuck in it.
 
bump.

Question for you guys...

For the first time since the post-2008 collapse, I have some money I need to park somewhere. Pre-2008 there were a few places I had some cash that was making around 5% with very minimal risk. Those options seem much harder to come by. I'm looking, though.

Desires:
*I don't need immediate access to the cash, but I want to be able to get to fairly easily and without penalties.
*I want transparency. What am I investing in?

It's obviously been a while since I've done anything like this, so please enlighten me on anything else you think I should know.

Appreciate it.
 
Siro said:
Sold my GPRO, making a cool $5.5k. Wanted to wait, but this stock is volatile as ****. Was down to $11 just 2 weeks ago. Had to jump ship.
Click to expand...

I want to do a little trading like this soon. But I'm also trading on the energy market with some awesome returns, so I'm looking more for a safe long-term parking spot right now.
 
Most of the "safe" long term parking options aren't going to yield 5%.

You could try a bond fund, but those will take a hit by the end of the year because of the interest rate increase.

Pick a safe, blue-chip mutual fund that yields dividends. That's probably about as safe as you're going to get these days while still giving a decent return.
Here are a few to look at:
VYM
QDEF
FAGIX
FSMVX
BERIX
 
Just out of curiosity, is anybody retreating from bond funds due to the initial and upcoming interest rate increases?
 
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