Dividend Investing

I invest for dividends. I also invest for the long term. That is, I buy and hold. The stocks that I own I have held them for an average of 12 years. My longest held stock is 36 years and the shortest is less than 1 year. Because I have dividend growth stocks, I get compounding work for me.

I do have, over my 5 accounts 51 stocks. My main account for dividend income is my Canadian Dividend Account and I have 35 stocks in this account. If one of my dividend stocks craps out on dividends, it will do me little harm. I review my stocks every month.

The problem is that this way of investing is rather boring. It is far more exciting to speculate. So, I have set aside some money to buy more exciting stock. This is money I can afford to lose, or I am willing to lose. Going into the 2000 bear market I had a basket of small caps. I lost and have none left except a Canadian Resource company that has morphed in a company with a mine in Africa.

Since 2000 I have been getting into small caps with dividends. Since 2009, I have been using my TFSA account for fooling around money. To date I have earned since 2009 only an 8% per year total return for my TFSA account. But it has been fun.

On my other blog I wrote yesterday about CI Financial Corp (TSX-CIX, OTC-CIFAF) ... learn more. Next, I will write about Computer Modelling Group Ltd (TSX-CMG, OTC-CMDXF) ... learn more on Friday, June 25, 2021 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.