I haven't had a chance to follow-up on the stocks UL and RDS.A lately and I wanted to know if there has been any official update on the status of the future tax withholdings? As it stands now, I Have RDS.A and UL in my brokerage account and RDS.B in both my IRA's and Roth IRA's. I was under the impression that Royal Dutch Shell will remove the Scrip dividend at some point in 2019/2020 but with Brexit I didn't know if that changes anything in regards to the tax withholdings. Any thoughts or links would be great as I plan to do more research in the coming weeks/months. Thanks!
I developed stock.div for Windows and saw that there is a demand for this kind of portfolio management that is managing it from the dividends point of view.
I developed an Android app (very limited compared to the Windows version) and used it for myself and it was very helpful. Lately I started developing it from scratch to make it better and even cross platform (though on IOS it's a bit more complicated to make it work compared to Android because of Apple restrictions and limitations).
I hope to finish it soon but I was wondering how come there is no app like this? All portfolio management apps are the same and none give a real support for DGI investors. The only one I know of is dividend dashboard and the developer stopped working on it and even that app has its drawbacks. Any idea why? Have I missed such app?
I've come to the conclusion, it's best not to talk investing with most people. Either they don't understand or they HATE dividend stocks for some reason, they tell you those type of stocks are for old retired people. And if you tell them your returns they'll tell you you'll never duplicate those returns yada yada yada.
To be honest, as an investor I'm happy with singles and doubles...sure I'll take a triple or a home run but if I look for that single or double I'm not disappointed.
Lately, when someone brings up investing...I tell them to read and understand compounding and continuous compounding, learn about those two terms and go from there as an investor.
That's my goal and top priority as an investor "Continuous Compounding" After that, it's taxes and trading fees
I've usually just picked a figure, say 6% or 7% and multiplied last years income to get my next years estimate. But I thought I'd try to be a bit more accurate, or at least more creative. So I've decided to:
1. Take the 5yr Ave DG% of each company
2. Multiply it by the % holding of each of my stocks, to get an Ave Gth %
3. Then add all the Ave Gth%, to get an estimated div gth for next year.
I only own 12 stocks so mine was fairly easy to compute, which came to 8.17%. As of today, I'm up 6.08%
I'll post my actual income increase% at year end.
ps: At the end of Dec I'm going to set up a new worksheet with the opening %Holdings as fixed amounts (actual as of Dec). Because I reinvest most of my dividends, the %Holdings will change slightly during the year so I'll have a different worksheet to reflect that change. Then at the end of the year the difference in the income amount will be due to the reinvestment.
Kerim if you want to move this, I would understand.
Just saw that David Fish passed away earlier last month. This is a big blow to the DGI community. My condolences go out to his family. Does anyone know if his CCC list will be continued by someone else? I know that he has helped me and many other tremendously in our investing. He will be missed.
I'm new to the forum. My wife and I own and manage a few rental properties and we're getting a little tired of it. We will be keeping our easiest property but selling the others so I am looking for somewhere else to invest.
I am attracted to the control and cash flow from dividend stock investing and found this forum. I've read a couple books on it and get the basic concept but am having trouble figuring out if it's going to work for me exactly, due to the time needed -- but I don't really know how much time is needed to build and maintain a portfolio.
How much time do you all spend per week/month managing your portfolio? I see people have typically between 30 and 50 different positions and thinking about the time needed to stay current and all those and read all those financial statements seems like it could be pretty time consuming. I'm trying to get out of real estate because it takes too much of my time and I don't want to replace it with another thing that takes just as much time
I have little interest in spending my free time researching companies to be honest, but I do enjoy accounting and budgeting for some odd reason. Maybe I'm more of an index fund guy... don't know at this point, but would like something I can "set it and forget it" mostly.
Thanks for any feedback!
P.S. If this has already been discussed I apologize I could not find it with searching.
If anyone has been thinking of Thor Industries (THO), it is looking awfully attractive after the big sell-off.
It's been hit by aluminum/steel tariff talks and weak performance from Camping World, but its business seems to be doing just fine. It's shown strong earnings growth and has been paying down debt from recent acquisitions. Currently trading below a forward PE under 10 with today's decline.