Dividend Growth Investing

[2stepz_ahead]

not sure if these questions been asked but ill shoot...



how often do you drop money into your investments?

is it a certain amount or whatever you have?

do you have a solid amount and divy it up between everything or go one to the next as the money comes in?

how long have you been doing this?

how do you know which stocks are right for you?

how do you know what dividend payment is expected and when it's due?

which broker do you use? do you use commission?

what's the highest percentage you deal with?

once you have enough saved along with dividends coming in....will you move over to real estate and get a duplex or triplex and like the dividend pay for it while you allow the rent to split between the two. to pay it off faster, add more to the stocks and save for another triplex

I don't talk about it in here often, but last year, I created a positive habit...to pay myself first*, erytime I get paid. I do that erytime, the more the better. even if I have a million other obligations, I pay Jay Inc. FIRST. when I'm outta debt, Imma throw some real bread at my portfolio...for now tho, I'm doin what I can, and it is making a difference.

*not including tithes

I wanted more capital...so I had to retrain myself. I've since created another income stream, lowered my expenses, and I'm currently tryna increase my savings rate. it's not about how much one makes, it's about how much one KEEPS. there are ppl who've never made more than 40k in any given year, who became millionaires regardless.

I just throw the cash into my account (which also receives more capital through dividends I'm already currently receiving). When I see "sales" (corrections, low valuations), I pay attention. when the stock is sufficiently low enough, I shoot. I buy however many shares I can afford at the time. and I don't beat myself up too much if I can't purchase a lot at the time.

 

[2stepz_ahead]

if someone gave @sion $250k and gave @_Jay_ $250k

what would yall do?

detail guys details

 

[_Jay_]

well sir respect and I appreciate the advice and the gems you dropped.

we can all learn from each other.

One thing i am currently learning is to pay myself first.

@Sion who are the brokers you trade with and whats their commision?

Have you and jay ever thought about creating a firm....travel across the states giving advice the money stashing fine women who love men who talk money. i got two stops for yall if you do. jersey and RTP.

what kept you two motivated to want to keep going even when times get tough? stocks dropping ...niggas looking at you like you dont know what you takking abut.\

how do you not fall into the buying a nice car and nice clothe era. fine hoes need to eat bruh...how yall doing it.

thank ya thank ya

eryday I read multiple investing articles and blogs. some of them used to preach creating positive habits. we all have negative habits, but most don't realize that it's easy to create positive ones too. paying myself first was the first one I dealt with. it can be as easy as setting your funds to auto-deposit when u get paid, or u can just force yourself to manually do it once u get paid. I choose the latter, it makes things more gratifying TO ME.

if Sion were to be down with this, and I made more than I currently do now, I'd prolly leave my current job, lol. I don't know how easy it would be to fly under the radar with this tho, if we had to get certified to do so, that might cause me to hesitate. dunno

knowing that one day I won't have to physically work has been all the motivation I need. another source of motivation has been in the amounts of my dividends increasing per month. I started with 0, then dealt with receiving cents every month (NOT dollars). now I'm receiving dollars every month, sometimes even daily during the month. better than any bank account.

besides my family and friends, I don't really talk to niggaz about what I'm doing. per my lady, I get happy when I'm talmbout my companies, and I tend to talk folks to death about it, lol

when stocks go down, I tend to get happy...I look at it like it's a sale. I only get salty when there's a sale goin on, and I don't have a lot of capital, so I can't cop anything. at times like those, I just look over my portfolio, and try to be grateful for what I've already got.

when stocks go down, I don't trip about the companies themselves, cuz I know it's very likely it's only temporary. General Mills (GIS) has been paying a dividend for over 100 years now, fuck I look like being upset that their stock price is currently down?? with that being said, if the dividend is in danger, then that's a problem...but even if a dividend gets cut, I can just sell the capital from shares of the company I already own, and purchase another company's stock.

 

[2stepz_ahead]

well sir respect and I appreciate the advice and the gems you dropped.

we can all learn from each other.

One thing i am currently learning is to pay myself first.

@Sion who are the brokers you trade with and whats their commision?

Have you and jay ever thought about creating a firm....travel across the states giving advice the money stashing fine women who love men who talk money. i got two stops for yall if you do. jersey and RTP.

what kept you two motivated to want to keep going even when times get tough? stocks dropping ...niggas looking at you like you dont know what you takking abut.\

how do you not fall into the buying a nice car and nice clothe era. fine hoes need to eat bruh...how yall doing it.

thank ya thank ya

eryday I read multiple investing articles and blogs. some of them used to preach creating positive habits. we all have negative habits, but most don't realize that it's easy to create positive ones too. paying myself first was the first one I dealt with. it can be as easy as setting your funds to auto-deposit when u get paid, or u can just force yourself to manually do it once u get paid. I choose the latter, it makes things more gratifying TO ME.

if Sion were to be down with this, and I made more than I currently do now, I'd prolly leave my current job, lol. I don't know how easy it would be to fly under the radar with this tho, if we had to get certified to do so, that might cause me to hesitate. dunno

knowing that one day I won't have to physically work has been all the motivation I need. another source of motivation has been in the amounts of my dividends increasing per month. I started with 0, then dealt with receiving cents every month (NOT dollars). now I'm receiving dollars every month, sometimes even daily during the month. better than any bank account.

besides my family and friends, I don't really talk to niggaz about what I'm doing. per my lady, I get happy when I'm talmbout my companies, and I tend to talk folks to death about it, lol

when stocks go down, I tend to get happy...I look at it like it's a sale. I only get salty when there's a sale goin on, and I don't have a lot of capital, so I can't cop anything. at times like those, I just look over my portfolio, and try to be grateful for what I've already got.

when stocks go down, I don't trip about the companies themselves, cuz I know it's very likely it's only temporary. General Mills (GIS) has been paying a dividend for over 100 years now, fuck I look like being upset that their stock price is currently down?? with that being said, if the dividend is in danger, then that's a problem...but even if a dividend gets cut, I can just sell the capital from shares of the company I already own, and purchase another company's stock.

thats a great way of looking at things. did you ever find people just wanting you to telling them the next hot thing rather then learning what to look for on their own? do people come to you with there hand out looking for you to get them started. did you ever think of lil jay and what you will do when hes hopping about? will you have something else setup for him and will you teach him about buying companies by changing around the meaning of monopoly.

 

[_Jay_]

if someone gave @sion $250k and gave @_Jay_ $250k

what would yall do?

detail guys details

kinda depends...I might not ever work (for another person) again, depends...

I tend to stay away from these "what would u do with $X questions," but in this scenario...I dunno. I'd prolly cop some shares of a local private company (they're similar to Chick Fil A), and would definitely go ahead and move (to Texas). there I'd prolly take some time off, find a real estate gig to further research (not sure if I'd purchase the property directly or via shares), and then put 100k - 150k there...use the remaining amount on purchasing more shares in stocks, and knocking out my lil bit of debt. I'd continue renting, I have no want or need of a home atm. then just work either for myself, or have a part time gig to keep my mornings occupied, while I let my bread continue stacking. if I DID work again, I'd only work 3-4 years at the most, in order to create a good buffer, or margin of error.

 

[2stepz_ahead]

@Qiv_Owan

why you up in here?

what you trynna do?

this aint a call to fight but i am curious why are in this investment thread. why are your investments looking like and why do you want them to go?

 

[_Jay_]

thats a great way of looking at things. did you ever find people just wanting you to telling them the next hot thing rather then learning what to look for on their own? do people come to you with there hand out looking for you to get them started. did you ever think of lil jay and what you will do when hes hopping about? will you have something else setup for him and will you teach him about buying companies by changing around the meaning of monopoly.

good looks

yup. I just give em space. I've got a few ppl I was gonna personally take under my wing, and show em how I'm doin erything, so they can do it too. they weren't interested in it tho, and I ain't the type of nigga to keep repeating myself.

ppl approaching me with their hand out?? Lmaooo, hell nah

I've got 2 sons and a daughter, Babygirl (the oldest) just graduated high school in May. I've already copped her another book (she didn't read the first one, *sighs*), and in a minute, I'm about to begin copping her shares of Vanguard's Total Stock Market ETF (VTI). doin the same with the boys, as they graduate. not tryna tell them erything at once, but I'll get em started in the dividends-receiving process and let em know there's a lot more, if they're interested.

 

[Qiv_Owan]

Mainly in here for the knowledge so when I do get right I'll know how to approach

I throw money into stocks and commodities every now and then but nothing major and I usually remove it before anything major happens

But I know a nigga cant get rich or wealthy just working a job, gotta have assets cuz once that checking and savings get to 0 I realize money aint really shit

 

[2stepz_ahead]

thats a great way of looking at things. did you ever find people just wanting you to telling them the next hot thing rather then learning what to look for on their own? do people come to you with there hand out looking for you to get them started. did you ever think of lil jay and what you will do when hes hopping about? will you have something else setup for him and will you teach him about buying companies by changing around the meaning of monopoly.

good looks

yup. I just give em space. I've got a few ppl I was gonna personally take under my wing, and show em how I'm doin erything, so they can do it too. they weren't interested in it tho, and I ain't the type of nigga to keep repeating myself.

ppl approaching me with their hand out?? Lmaooo, hell nah

I've got 2 sons and a daughter, Babygirl (the oldest) just graduated high school in May. I've already copped her another book (she didn't read the first one, *sighs*), and in a minute, I'm about to begin copping her shares of Vanguard's Total Stock Market ETF (VTI). doin the same with the boys, as they graduate. not tryna tell them erything at once, but I'll get em started in the dividends-receiving process and let em know there's a lot more, if they're interested.

one last question for you jay

do you pay you whole tithes? or what you can give. And is it first before you pay yourself or after the tithes?

maybe i need a money question thread ....i dont want to mess this thread up. i want to be able to ask questions that will help people make good decisions but they may not have thought to ask.

i think its something we can all learn from.....what say _jay_ and @Sion

 

[Qiv_Owan]

thats a great way of looking at things. did you ever find people just wanting you to telling them the next hot thing rather then learning what to look for on their own? do people come to you with there hand out looking for you to get them started. did you ever think of lil jay and what you will do when hes hopping about? will you have something else setup for him and will you teach him about buying companies by changing around the meaning of monopoly.

good looks

yup. I just give em space. I've got a few ppl I was gonna personally take under my wing, and show em how I'm doin erything, so they can do it too. they weren't interested in it tho, and I ain't the type of nigga to keep repeating myself.

ppl approaching me with their hand out?? Lmaooo, hell nah

I've got 2 sons and a daughter, Babygirl (the oldest) just graduated high school in May. I've already copped her another book (she didn't read the first one, *sighs*), and in a minute, I'm about to begin copping her shares of Vanguard's Total Stock Market ETF (VTI). doin the same with the boys, as they graduate. not tryna tell them erything at once, but I'll get em started in the dividends-receiving process and let em know there's a lot more, if they're interested.

one last question for you jay

do you pay you whole tithes? or what you can give. And is it first before you pay yourself or after the tithes?

maybe i need a money question thread ....i dont want to mess this thread up. i want to be able to ask questions that will help people make good decisions but they may not have thought to ask.

i think its something we can all learn from.....what say _jay_ and @Sion

Yea

 

[_Jay_]

one last question for you jay



do you pay you whole tithes? or what you can give. And is it first before you pay yourself or after the tithes?

maybe i need a money question thread ....i dont want to mess this thread up. i want to be able to ask questions that will help people make good decisions but they may not have thought to ask.

i think its something we can all learn from.....what say _jay_ and @Sion

I pay 11% of my net, out of each of my income streams, for my tithes*. I then pay myself a healthy amount for my portfolio and my savings, THEN pay bills. bills are always gonna be there, so I pay me before I pay them.

I would love to throw like 40%-50% of my earnings into my portfolio, to hasten my financial independence. it's def in the cards, but I've gotta get outta debt first.

*I pay over 10% because I started late : /

 

[dwade206]

Ok, so do you still get payed your dividend even if the stock price goes down? Also, do you think Microsoft, Coca Cola, and Apple good places to start in regards to long term positions and dividends?

 

[dwade206]

Also, do I have to set up a payment plan for me to get the dividend payment, or will those dividend earnings simply be credited to my portfolio?

 

[Qiv_Owan]

I know Microsoft pays 33 cents per share dividend, guy at work just got his first one recently

 

[_Jay_]

Ok, so do you still get paid your dividend even if the stock price goes down? Also, do you think Microsoft, Coca Cola, and Apple good places to start in regards to long term positions and dividends?

yes. u don't even have to sweat the price of the stock (unless you're purchasing shares of the stock; if you're purchasing shares, the lower the price is, the better because u can purchase more shares for more dividends)

if a company runs into some tough times and have to cut their dividend,THAT'S a problem. however, 1. it doesn't happen often, 2. when it does happen, there's usually a lead up, 3. u can hold on to the shares u already have, or sell em and cop shares of something else that's better (diversification).

or, one can just cop ETFs, such as Vanguard's VOO (S&P 500 Index), or VTI (entire US stock market). since these cover indexes and aren't individual companies, you'll never have to worry about dividend cuts of any individual company. however, your quarterly dividends will be "lumpy,"

 

[killap]

Looking ahead, I'm without a dividend the week of August 21 and September 4th

 

[dwade206]

Any thoughts on Amgen?

 

[_Jay_]

Any thoughts on Amgen?

they're not a Dividend Champion, and they're in biotech, so I personally wouldn't cop shares MYSELF. I have a thing against most biotech companies on a personal level, and I also try to only cop dividend champions...with that said, there are several positions I've opened that are NOT dividend champions, so I'm not gonna tell u not to cop.

Amgen (AMGN) IS considered to be a Dividend Challenger, due to having been growing their dividends since 2011, which means they're on their way to being a Dividend Champion, and is currently in good company.

I would say do the research. the share price is currently high at the moment at $175.90, but the 52 week range is $133.64-$184.21. if I was interested in the company, that would almost squeak by my requirements as far as being undervalued. I'd prolly wanna hold off until it was closer to the $165-$170 range or lower, in order to offer a greater margin of error, but that's how EYE do things.

per Morningstar.com, their current forward P/E is 13.9 (u want companies that are 19-20 or lower), dividend yield is 2.38, dividend payout ratio is 39.4 (anything lower than 60 is good money, means that the dividend is sustainable for the next few years), ALL good looks when it comes to dividend growth investing. their dividends are paid quarterly.

the company's book price is currently 4.3. I wanna say that's on the high side, but @Sion is a better expert on that than I...their cash flow is lookin good, and their debt is pretty low at the moment as well...

long story short, while I wouldn't cop shares myself, I don't see why one wouldn't add shares of this company to their portfolio. I'd wait for the valuation to drop a little lower, but chea.

 

[dwade206]

Aight cool. Just picked up some this morning

 

[_Jay_]

Anyone interested in initiating/loading up in Starbucks (SBUX), today is the day you've been waiting on.