Very nice size of the portfolio, although you are a bit heavy on the technology stocks than I would like to be. Is your investing strategy more focused towards growth or building income?
Throughout my 20’s I was 100% on a growth bend. After I started Retire29, I started moving toward DGI. The heavy tech weighting is tough for me to look at sometimes, it grew to that level due to huge gains in Apple, Netflix, Tesla and a few other tech companies.
I’m slowly unloading the tech shares and redeploying elsewhere. Almost all new capital also goes to either S&P 500 (401k), or to DGI stocks.
Ah, that explains some of your current holdings which confused me at first. Though, owning names such as AAPL, NFLX and TSLA has probably been very rewarding seeing those gains year after year, especially if you owned them for a while now. When you do get everything set up DGI format you should be seeing very reasonable monthly dividend income. It seems you have your work cut out.
Not a typical dividend growth portfolio from the many that I have seen online. You certainly own a lot of very high yield names along with quite a few zero yield. From an income perspective do you plan to sell those high growth companies that don’t pay a dividend and invest in more stable lower yield dividend growth companies instead? Even if you are on a growth kick I think this portfolio has taken on quite a bit of risk for my taste. Thanks for sharing.
Netflix and Apple grew a whole lot out of share price increases. I have about $55k in zero-yielding stuff. Only about $5k or so of that will I be selling in less than a zero and redeploying into something with some yield. I really like a lot of those tech names, and being that I won’t need the income for another four or so years, I think the way to get my balance highest is to stay invested in my most high conviction names (Apple, Netflix, Tesla, Bank of Internet, Sierra Wireless, SolarCity, LinkedIn, Google).
If you look at my strategy of building a portfolio using Dividend Growth Tree, you’ll see that I like to start with building the trunk (higher yield, lower growth) in order to get income going right away. As the portfolio grows in size, the yield will gradually drop.
I bought JNJ today, and you’ll see that most of the names next up on my watchlist are in 2-3% yield range.
Interesting portfolio looks like it will produce up nicely as you grow it and diversify it a bit more. I am also building my dividend portfolio and have most of my 401k/403b money in the S&P 500 index through Fidelity and Vanguard. Look luck and thanks for sharing!
Hey Retire29 you have a good looking portfolio, and as things change, so will your investing strategy. Finding the right balance between risk, growth, and yield is important, and it seems like your headed in the right direction. Either way you have a good amount of assets hard at work, and that’s commendable.
Thanks EL! I’m slowly but surely moving some tech money into other sectors, but it’s a long process that I’m in no rush to complete. There are always a lot of opportunities for great dividends–I’m looking forward to the days where I can deploy $1k increments every couple weeks!
Hey Eric. Nice mix of stocks. Congrats in starting your Dividend Journey. It’s life changing bud. It has change my life and has given myself a way to really create passive income for life. I hope we have continued success and most importantly our health. Let’s keep hustling hella hard and build our Wealth to greater heights. Cheers to us. Take care my friend.
Thanks DH! Very supportive words. It is comforting to know that even if things completely fall apart for my career, we’ll still have a little bit of income to keep us out of the poor house. The historical growth is still pretty short, but I look forward to looking back on 2015 as the start of something really big.
I like your portfolio. Looks like you have a nice mix of DGI stocks along with some opportunity stocks, Tesla, Netflix, etc. Your overall value is quite impressive.
1st of all thx for serving btw. 2nd im a big fan and impressed with what you did. 3rd its funny reading your site, its like im reading my own thoughts. im a cfa charterholder targeting 1m before i retire to the philippines prolly around 35 to 40. personally i have a net worth of about 350k age 29 similar to you when you started teh site. we basically did the same thing max out 401k/ira. buy property. now for some comments on your protfolio. you have too many positions. you should consolidate. stick to 8k/trade minimum cuz otherwise you are paying too much commission. you only need 10 to 25 positions to properly diversify plus you have it weighted to the S&P 500 so you’re already fully diversified either way. i only like about 15 stocks you own, the rest im not sure and i’ve looked at the financials of most large caps and above. also lastly and prolly more importantly, dont retire as soon as you get a mil. markets will prolly tank pretty soon. make sure you have a mil at the bottom of the cycle after a 20% decline in the S&P. best of luck. good luck on cpa.
Very nice size of the portfolio, although you are a bit heavy on the technology stocks than I would like to be. Is your investing strategy more focused towards growth or building income?
Best wishes.
Thanks so much for commenting!
Throughout my 20’s I was 100% on a growth bend. After I started Retire29, I started moving toward DGI. The heavy tech weighting is tough for me to look at sometimes, it grew to that level due to huge gains in Apple, Netflix, Tesla and a few other tech companies.
I’m slowly unloading the tech shares and redeploying elsewhere. Almost all new capital also goes to either S&P 500 (401k), or to DGI stocks.
Ah, that explains some of your current holdings which confused me at first. Though, owning names such as AAPL, NFLX and TSLA has probably been very rewarding seeing those gains year after year, especially if you owned them for a while now. When you do get everything set up DGI format you should be seeing very reasonable monthly dividend income. It seems you have your work cut out.
Best of luck.
Not a typical dividend growth portfolio from the many that I have seen online. You certainly own a lot of very high yield names along with quite a few zero yield. From an income perspective do you plan to sell those high growth companies that don’t pay a dividend and invest in more stable lower yield dividend growth companies instead? Even if you are on a growth kick I think this portfolio has taken on quite a bit of risk for my taste. Thanks for sharing.
Netflix and Apple grew a whole lot out of share price increases. I have about $55k in zero-yielding stuff. Only about $5k or so of that will I be selling in less than a zero and redeploying into something with some yield. I really like a lot of those tech names, and being that I won’t need the income for another four or so years, I think the way to get my balance highest is to stay invested in my most high conviction names (Apple, Netflix, Tesla, Bank of Internet, Sierra Wireless, SolarCity, LinkedIn, Google).
If you look at my strategy of building a portfolio using Dividend Growth Tree, you’ll see that I like to start with building the trunk (higher yield, lower growth) in order to get income going right away. As the portfolio grows in size, the yield will gradually drop.
I bought JNJ today, and you’ll see that most of the names next up on my watchlist are in 2-3% yield range.
Interesting portfolio looks like it will produce up nicely as you grow it and diversify it a bit more. I am also building my dividend portfolio and have most of my 401k/403b money in the S&P 500 index through Fidelity and Vanguard. Look luck and thanks for sharing!
Forager,
Thanks for commenting! I like having my whole 401k in the S&P, almost no fees and over time it outperforms nearly all managed funds.
I definitely need to keep diversifying. I have too much tech and too few utilities and medical–two sectors that I really believe in strongly for DGI.
Eric
Hey Retire29 you have a good looking portfolio, and as things change, so will your investing strategy. Finding the right balance between risk, growth, and yield is important, and it seems like your headed in the right direction. Either way you have a good amount of assets hard at work, and that’s commendable.
Thanks EL! I’m slowly but surely moving some tech money into other sectors, but it’s a long process that I’m in no rush to complete. There are always a lot of opportunities for great dividends–I’m looking forward to the days where I can deploy $1k increments every couple weeks!
Eric
Hey Eric. Nice mix of stocks. Congrats in starting your Dividend Journey. It’s life changing bud. It has change my life and has given myself a way to really create passive income for life. I hope we have continued success and most importantly our health. Let’s keep hustling hella hard and build our Wealth to greater heights. Cheers to us. Take care my friend.
Thanks DH! Very supportive words. It is comforting to know that even if things completely fall apart for my career, we’ll still have a little bit of income to keep us out of the poor house. The historical growth is still pretty short, but I look forward to looking back on 2015 as the start of something really big.
Cheers, indeed!
Eric
I like your portfolio. Looks like you have a nice mix of DGI stocks along with some opportunity stocks, Tesla, Netflix, etc. Your overall value is quite impressive.
Hello IH,
I just can’t stay away from some of these enticing growth opportunities, as much as I love dividend income and growth.
Good Hunting,
Eric
1st of all thx for serving btw. 2nd im a big fan and impressed with what you did. 3rd its funny reading your site, its like im reading my own thoughts. im a cfa charterholder targeting 1m before i retire to the philippines prolly around 35 to 40. personally i have a net worth of about 350k age 29 similar to you when you started teh site. we basically did the same thing max out 401k/ira. buy property. now for some comments on your protfolio. you have too many positions. you should consolidate. stick to 8k/trade minimum cuz otherwise you are paying too much commission. you only need 10 to 25 positions to properly diversify plus you have it weighted to the S&P 500 so you’re already fully diversified either way. i only like about 15 stocks you own, the rest im not sure and i’ve looked at the financials of most large caps and above. also lastly and prolly more importantly, dont retire as soon as you get a mil. markets will prolly tank pretty soon. make sure you have a mil at the bottom of the cycle after a 20% decline in the S&P. best of luck. good luck on cpa.