A Chronicle Of My Journey To Retire By Age 56
Nice portfolios you have there ACI. You have a variety of solid companies that should continue to pay you dividends for years to come! Keep adding and re-investing those dividends. Best wishes and continued success on your personal journey! AFFJ
Hi AFFJ,Thanks for the best wishes! I hope to continue adding fresh capital and re-investing the dividends to let the power of compounding take its effect.Thanks for stopping by and commenting.
571 shares of MSFT. Very nice! Best of luck to reaching your retirement goal.-JT
Hi JT,Thanks! I'm hoping if I continue to save and invest in income producing assets, I will be able to reach my retirement goal.Thanks for stopping by and commenting.
Nice portfolio! We have a lot of holdings in common. Why so much Microsoft stock? Do you work for Microsoft? MSFT is 23% of your portfolio. As much as I also like MSFT, that seems dangerous.
Hi JTF,Thanks! I'm glad to know that we have a lot of holdings in common. It's always good to know another shareholder that sees value in the same companies. The reason I own so much Microsoft ("MSFT") stock is because my parents purchased some shares of MSFT for me when I was young, and over the many years, MSFT had several stock splits, which increased my number of shares quickly. I then made another separate purchase on my own years later (this was before I learned about diversification and dividend growth investing). At that time, I just bought more of MSFT because it was doing so well. Now, I just hold onto it since it's still doing well for me. You are right in that it's dangerous; that is why I am holding and no longer adding to that position and instead am initiating new positions or accumulating more shares in smaller positions I own.Thanks for stopping by and commenting.