tag:blogger.com,1999:blog-6097510160054715524.post5959008200896824922..comments2024-01-03T21:42:28.979-08:00Comments on DivGro: Monthly Review Of DivGro: December 2021FerdiShttp://www.blogger.com/profile/05008021146951839361noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-6097510160054715524.post-64336134799519863302022-01-09T10:25:34.662-08:002022-01-09T10:25:34.662-08:00I can't give individual advice, sorry.
Read ...I can't give individual advice, sorry. <br /><br />Read these articles for ideas:<br /><br />https://seekingalpha.com/article/4477683-top-16-dividend-growth-stock-picks-2022<br /><br />https://www.thestreet.com/dividendstrategists/dividend-ideas/top-7-dividend-growth-stock-picks-for-2022<br /><br />AMP has a quality score of 19 (out of 25) and has outperformed the S&P 500 over various time frames. I think it's a solid stock.<br /><br />PRU has a quality score of 15 and a high yield and dividend growth rate. <br /><br />DEO is not in my watch list Dividend Radar, so I don't know much about it. <br /><br />FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-22675559566060938522022-01-08T20:23:18.411-08:002022-01-08T20:23:18.411-08:00Looking over my 40 CS with a more critical eye I&#...Looking over my 40 CS with a more critical eye I'm only questioning DEO and maybe PRU and AMP. Better replacements ????KC Kidhttps://www.blogger.com/profile/07484046453575065005noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-69568058904126951022022-01-08T09:04:05.448-08:002022-01-08T09:04:05.448-08:00Hi, KC Kid -- thanks for your comment and kind wor...Hi, KC Kid -- thanks for your comment and kind words. I'm happy to be of some service to you and others looking to manage their own investments. <br /><br />Nobody loves taxes, but I'd rather have a big tax bill than no tax bill. <br /><br />That said, the question to answer is whether not replacing your early stocks has a larger opportunity cost than you'd save not paying capital gains taxes. (I'm assuming that's the issue). Are these stocks that are performing poorly now but have gone up a lot since your investment? What would you replace them with? Would the income of the replacements be much higher? If so, how long would it take before you'd make up the taxes you'd need to pay after selling?FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-36821161172814466232022-01-08T08:10:21.264-08:002022-01-08T08:10:21.264-08:00You're welcome, thanks for the comment!You're welcome, thanks for the comment!FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-42118569809331192062022-01-08T08:08:11.295-08:002022-01-08T08:08:11.295-08:00Great job! Thank you for the update!Great job! Thank you for the update!eric731https://www.blogger.com/profile/17195419611409762798noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-35310572563146990112022-01-07T15:21:32.113-08:002022-01-07T15:21:32.113-08:00Thanks for commenting.
Yeah, that's due to &...Thanks for commenting. <br /><br />Yeah, that's due to "special" dividends in the form of shares when company's do spinoffs. Like a regular special dividend, it's a one-time event and do not contribute to PADI. I determine the value of shares received and record it as a special dividend. A few such occurrences happened in 2021. FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-50334301338216956232022-01-07T09:31:42.636-08:002022-01-07T09:31:42.636-08:00Ferdi...as usual, great update and I'm glad yo...Ferdi...as usual, great update and I'm glad you continue to put out articles and updates, always look forward to them. I noticed on your 12 month rolling average chart, starting in about June of '21, your dividends received started to outpace PADI and has continued to do so...any insight as to why? Larger than expected increases or did you ramp up share purchases?Unknownhttps://www.blogger.com/profile/00875171794134310670noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-88665724406165347142022-01-06T12:49:30.759-08:002022-01-06T12:49:30.759-08:00Ferdi...I'm an old guy who began managing my m...Ferdi...I'm an old guy who began managing my money in 2008 instead of others managing.. You are my mentor though I have 40 CStocks that are DGI and not 90 or so.. Some of my early stocks I'd like to replace but don't want to pay tax since my already 100k plus dividends eat me up on taxes. Any thoughts?? Keep on keepin' on, Ferdi.KC Kidhttps://www.blogger.com/profile/07484046453575065005noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-7415424585507647022022-01-06T12:40:14.688-08:002022-01-06T12:40:14.688-08:00Yeah, I'm still wanting to do that. Some unfor...Yeah, I'm still wanting to do that. Some unfortunate happenings in 2021 (pandemic-related) made it impossible to reach that goal! Hoping to do so in 2022!FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-49595608454109054502022-01-06T12:03:28.949-08:002022-01-06T12:03:28.949-08:00As usual a superb update.
What happened to the pla...As usual a superb update.<br />What happened to the plan to move divgro to another platform?Anonymoushttps://www.blogger.com/profile/03268828952906778660noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-89290662852152262772022-01-06T07:30:20.573-08:002022-01-06T07:30:20.573-08:00Thanks, and that's a good question... but, als...Thanks, and that's a good question... but, also, a good problem to have!<br />(I mean, having to paying taxes because of earning significant dividend income).<br /><br />In 2021, I recorded some losses with options that will offset some of my tax obligations on capital gains and dividend income. Usually, though, some of the dividend income will need to be set aside to pay taxes. Investing in tax-advantaged funds like ETO and EVT, and maximizing investing via nontaxable accounts also helps.FerdiS, DivGrohttps://www.blogger.com/profile/07330193431527796718noreply@blogger.comtag:blogger.com,1999:blog-6097510160054715524.post-17216095143948948512022-01-06T04:47:44.353-08:002022-01-06T04:47:44.353-08:00Great results. What's your strategy to lower y...Great results. What's your strategy to lower your tax bill since all these dividends are either ordinary or qualified income?Autorhttps://www.blogger.com/profile/02461387372022462394noreply@blogger.com