Dividends4Life: 5 Years Of Dividend Investing

5 Years Of Dividend Investing

Posted by D4L | Monday, December 20, 2010 | | 0 comments »

Five years ago, I began setting a little money aside each month to purchase shares selected for their dividend-paying properties. The bulk of my monthly savings would continue to be invested elsewhere, I decided -- an index-tracking ISA and a low-cost pension, for instance -- but it was time to see if dividend investing would work for me. So, five years on, I think it's time to take a look as to how I've fared, and what lessons and insights I've gleaned along the way.

I'm happy enough with the outcome: dividend-driven investing has delivered on its promise. Furthermore, the dividends that I've earned are all being reinvested, and compounding is beginning to work its financial magic. That said, I didn't see Lloyds or BP coming, and I should have seen the warning signs at BT. So there's no doubt that the credit crunch and associated recession has knocked my portfolio hard. But I'm game for another five years, for sure.

Source: Motley Fool

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