Comments on Triaging My Way To Financial Success: Inside My Dividend Dream:

Anon - I have positions in RCI.B & SJR.B for m...

2008-11-23T17:39:00.000-05:00

Anon - I have positions in RCI.B & SJR.B for my telco/cable exposure as I described in the post. I feel that competitive strengths, product positioning, strong balance sheets and dividend growth will reward me in the future for holding these two over T or the outgoing BCE.

What about the telco's/cable?

I have a sim...

2008-11-23T16:28:00.000-05:00

What about the telco's/cable?

I have a similar portfolio, limiting myself to 2 in each category (Bank, Insurer, Pipe/Utility), but I have also added RCI and will add SJR shortly....those I think will have strong dividend growth for the next 10 years, have a strong franchise and will endure decades, and have cleaned up their balance sheets and become much more shareholder friendly.

Making DGI's portfolio is on my list to do. Which ...

2008-11-06T11:47:00.000-05:00

Making DGI's portfolio is on my list to do. Which I will do one day I promise!

Thanks for the comments DGI,

Balance is one...

2008-11-03T13:11:00.000-05:00

Thanks for the comments DGI,

Balance is one of the big principles that I attempt to focus on in my investing activities and I've learnt that the past few years. I do hold JNJ, CL & PG in my RSP. All my US and international stocks are held within my RSP to maximize the taxation of that income stream. A few months ago I gave insight into the stocks comprising that portfolio, but it also is very focused on dividends, balance and growth.

The asset allocation is an independent choice. I'm currently invested in 55 individual equities and two ETFs (VGK & ADRE). Following more than that on a regular basis is difficult and one major reason for the revamping of my portfolios with the closure of my Value Portfolio. As a long-term investor I'm more concerned with quality than quantity.

Will you be giving readers a sneak peek into the DGI portfolio soon ;)?

That's good long post. Balancing the dividend yiel...

2008-11-03T12:50:00.000-05:00

That's good long post. Balancing the dividend yield/growth equation is pretty tricky. Most dividend investors that fail are practicing the zen principle of being in the now by pruchasing the highest dividend yields, which get cut in the future as they are most likely to be unsustainable.

I would say that if you try to be average in terms of yield and growth you should do fine.

Asset allocation is important as well and I see you have a good foundation for that. But do you own any american dividend stocks? US has some pretty decent dividend stocks from the consumer sector like JNJ, CL, CLX, PG which canada doesn't offer..

Last but not least I wouldn't keep a cap on the number of stocks I own. I try to own as many as possible ( but the number of stocks I own now is about the same number as you) for diversification purposes.

If a stock that has 3% of my portfolio invested in it goes to zero, dragging the dividend income with it, I would be more affected than in a situation where that stock had a 1% or 2% allocation..