Thank you for sharing so much of your personal life. As a regular reader of yours on SA I have added some of your suggestions into my portfolio. My life has had more ups and downs including 20 years on a kibbutz. I too am in a wonderful relationship of 20 years with my third partner. I realized late, at age 70, that I needed to do something to allow me to retire comfortably . I spent the next 6 years also creating a high yield portfolio which let me retire this May.
Reviewed your portfolio this morning and found it similar to mine. You have about 10 more stocks than I do, I seem to have a higher tolerance for risk in that the majority of my stocks represent roughly on average 5% of total portfolio. We have a lot of the same stocks some which I got from your articles. Thank you. I have 4 or 5 stocks with a significant appreciation, and I am thinking I need to sell those in order to put the appreciation to work in more dividend investments. I keep tracking my stocks monthly and add dividend % to the appreciation % thinking I doing great but I am not getting any monthly earnings on the appreciated amount. My monthly dividend amount is the same. I feel I need to get at that appreciation and put it to work. Please give me some InSite as to where my thinking is wrong on this.
Very thought provoking read…thank you Damon! Enjoy the day!!
Thank you for sharing so much of your personal life. As a regular reader of yours on SA I have added some of your suggestions into my portfolio. My life has had more ups and downs including 20 years on a kibbutz. I too am in a wonderful relationship of 20 years with my third partner. I realized late, at age 70, that I needed to do something to allow me to retire comfortably . I spent the next 6 years also creating a high yield portfolio which let me retire this May.
Reviewed your portfolio this morning and found it similar to mine. You have about 10 more stocks than I do, I seem to have a higher tolerance for risk in that the majority of my stocks represent roughly on average 5% of total portfolio. We have a lot of the same stocks some which I got from your articles. Thank you. I have 4 or 5 stocks with a significant appreciation, and I am thinking I need to sell those in order to put the appreciation to work in more dividend investments. I keep tracking my stocks monthly and add dividend % to the appreciation % thinking I doing great but I am not getting any monthly earnings on the appreciated amount. My monthly dividend amount is the same. I feel I need to get at that appreciation and put it to work. Please give me some InSite as to where my thinking is wrong on this.