At any point in your investing journey, you should identify what your core dividend stocks are as they represent the building blocks for your long-term success. Rarely do we just hold 5 stocks in a portfolio. We probably reach at least 10, 20 or even 40 stocks at some point. Failure to identify the core holdings for your portfolio as early as possible will probably create more fluctuations in your holdings than necessary. The fluctuations will cause unnecessary expenses and potential missed opportunities.
My core dividend stocks were not the stocks I started with. It took some time to establish my core holdings and it evolved as I evolved my dividend investing strategy: Royal Bank of Canada - NYSE:RY, Toronto Dominion - NYSE:TD, Telus - NYSE:TU, Enbridge - NYSE:ENB, Canadian National Railway - NYSE:CNI.
Source: Seeking Alpha
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
5 Core Dividend Stocks - Your Portfolio Building Blocks
Posted by D4L | Sunday, July 24, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.