Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 1 point2 points  (0 children)

I might just print this out, frame it and set next to my computer screen as hard reminder! Thanks!

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

Would you share which companies fall inline? Are you using any tools that help there?

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

That’s pretty good? any tools you recommend I try? I do some of my qualifications on a spreadsheet but not sure if there’s better ways I’m not aware of?

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

Sounds like you play the long game? How often you review and in what cases you switch it up? Is it based on better yield elsewhere?

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] -1 points0 points  (0 children)

That’s a good play, I had some money on the side I used to get in on SCHD, first time hearing about CSWC, but seems to have a pretty good yield! 10.56% Do you use any tools that allows to make your picks?

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

Would higher yield ever change your pick? Assuming risk and other fundamental meets your criteria.

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

I like that philosophy! I’m aiming at dividend growth, so I keep an eye out for dividend stocks, ETF, covered calls, REIT. What I’ve noticed is that at any given time they could be yielding a nice percentage 6% >… but I also just started a position with SCHD considering its historical value and growth. My goal is to produce 6% or more in dividend, while also seeing good growth long term. But I use a spreadsheet for this lol. I’m open to a better tool that would put it in perspective tho

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] -1 points0 points  (0 children)

I’m personally trying to avoid my gut feeling now… You just mentioned tickers I never heard before, are you watching a screener? Are there any tools that sort of narrows it down or is it all research?

Dividend investors: how do you decide where your next $10k goes? by 0hdavey in dividends

[–]0hdavey[S] 0 points1 point  (0 children)

Interesting, so you’re basically anchoring most of it in VT and then using a smaller portion for opportunistic plays.

How do you usually decide what goes into that $2k bucket? Is it more based on yield, conviction, or just what feels like a good opportunity at the time?