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
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
This article comes from a recent Preferred Share Update on The REIT Forum. Be advised that share prices are constantly changing, so it's...
-
But aside from its track record as a Dividend Aristocrat with 27 consecutive years of payout hikes under its belt, there's another reaso...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.