About Me

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Interested in saving and investing for financial freedom. Mid to late career IT worker with 20+ years in the state retirement system seeking alternate income through dividend growth investments. Final goal is to pass it down to my children and that they do the same for their children-a continuing generational wealth transfer.

Sunday, September 27, 2015

September Update




My philosophy is to not follow the herd - please see below to determine what the herd is focused on right now;


I am bargain hunting. Here is a quote that may help;

My strategy is simple, watch for %ticker% to make a 52 week low and begin to accumulate shares when it moves 5% off it's 52 week low. Then hold until it begins to make a new 52 week highs and begin to sell when it falls 5% from the new 52 week high. If you accumulate say 1,000 shares at $65 / share ($65,000 investment) you will receive about $4,600 / year dividend (at current 4.6% yield) income for the next few years. Then if you sell at say $110 you would have a $45,000 capital gain. Thats a 70% gain in capital plus you get $4,600 per year while you wait.

Timing the market is a risky business but the above is worth considering.

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