Comments on: Fluffing the Pillow: Refreshing My Dividend Growth Portfolio

By: writing2reality

writing2reality — Thu, 08 Jan 2015 02:40:31 +0000

Thanks for the compliments GI. Being able to trust those in charge of your investments is important, and having to monitor a particular management or company too closely doesn’t make sense long-term. While I realized some losses, the benefit of having more confidence in my portfolio was well worth the expense.

I appreciate your thoughts and readership.

By: Grow Independent

Grow Independent — Thu, 08 Jan 2015 01:24:51 +0000

W2R,
kudos for making the unpleasant decision to get rid off bumpy stocks. We ultimately invest for higher life quality. If they bother you, you are better of selling even if it costs you money. Of course, that is unless it bothers you even more to loose money because of costs.
That being said, I personally like your moves very much. All of the buys (except from MAIN, which I am not familiar with) are solid buys and seem to offer a lot of value at current levels.
Thanks for the update.

By: writing2reality

writing2reality — Wed, 07 Jan 2015 22:36:00 +0000

Glad to have provided a tip! Certainly do your due diligence before making any decisions. BDCs can be complicated, yet rewarding, given their requirement to pay out in a similar fashion to REITs.

Thanks for sharing your thoughts and reading.

By: TwoInvesting

TwoInvesting — Wed, 07 Jan 2015 22:19:14 +0000

There’s a lot of good picks there. Thanks for the tip on MAIN. I hadn’t heard of them (or much about BDCs) before. Having a great management team is always a plus. I’m also thinking about adding some investment into private equity either through KKR or Blackstone. Need to look these days to get growth but dividends.

By: writing2reality

writing2reality — Tue, 06 Jan 2015 21:12:04 +0000

Good sleep is priceless! What’s the saying, “Always buy good shoes and a good bed, since if you’re not in one, you’re in the other.” I’m happy to be sleeping well, and the cost of doing so is worth it.

As for the puppy, not mine, but darn cute! Thanks for stopping by Seraph!

By: writing2reality

writing2reality — Tue, 06 Jan 2015 21:10:48 +0000

Good moves for the long haul, and the sleep will certainly be easier going forward. I’m looking forward to 2015 and wish you the best of luck as well.

Thanks for stopping by!

By: Seraph

Seraph — Tue, 06 Jan 2015 07:44:27 +0000

I’m liking all of those buys, and the sells as well. Good sleep is priceless

Also, that is an adorable puppy!! Is that just a picture you found online, or is it yours?

By: Ferdi Scheepers

Ferdi Scheepers — Tue, 06 Jan 2015 05:14:40 +0000

These seem like really good moves for your overall portfolio. I did some selling earlier in 2014, but not later in the year. As you mentioned, I also hate selling and that makes me a little complacent, which is something I need to work on this year!

Good luck for 2015 and sleep tight!

Cheers
FerdiS

By: writing2reality

writing2reality — Tue, 06 Jan 2015 01:05:07 +0000

MAIN is a best of category for BDCs, much like Realty Income is for REITs. Great management, conservative decision-making, and overall a long-term mindset. I’m happy to have substituted them into my portfolio for PSEC. As for replacing ARCP, I’ve already gotten a couple others on the books, and don’t think they are appropriately priced right now to jump in on any others.

Thanks for stopping by and commenting DD!

By: writing2reality

writing2reality — Tue, 06 Jan 2015 01:03:20 +0000

Definitely some housekeeping. I’ve been meaning to do so for a while, and this just presented a good time to do so. I’ll look to continue building my dividend base in solid companies over time, and this has allowed me to continue that journey on the right foot.

Thanks for sharing your thoughts NMW.