I uncover a high-quality dividend growth stock that appears to be undervalued each week for Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work, when it’s fresh off the press. That way, you readers are given the opportunity to check it out. The content is totally free. I hope you enjoy!
If someone asks you what you do, imagine coming back with this answer:
Investor.
Sounds pretty fancy, doesn’t it?
Well, maybe it is. Maybe it is fancy to be an investor.
Or perhaps that’s just perception.
The funny (and great) thing about it is, it’s not difficult to become an investor.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
O is truly one of my favorite long term holdings Jason. I added in the low 50s earlier in the years and wanted to add more in the high 40s when it briefly traded there, but unfortunately did not have any spare cash at the time in my IRA where I hold it. Nice review. Thanks, Tom
Tom,
Realty is doing about as well as it’s ever done. Occupancy is through the roof, the dividend is reliable and growing, and their portfolio is the biggest it’s ever been. A lot to like! 🙂
Cheers.
Hi Jason! Big fan of your overall investment philosophy. However, I don’t understand one thing about it. Why do you own so many securities in your Fire Fund? I understand the concept of diversifying, but it seems like your dividend returns are so diluted by owning so many stocks in the fund. Please explain!
Isaac
Isaac,
How many securities one should/will hold is an individual call.
I think there are many, many great businesses out there. To artificially limit oneself seems silly. I’ve always liked the idea of buying an S&P 500 fund; however, the low yield, subpar dividend growth, fees, and exposure to companies I don’t want always bothered me. I’ve essentially eliminated all of those concerns by building my own version of a broadly-diversified cross-section of the global economy. It seems like people, for some befuddling reason to me, like to think about portfolios only in two opposing dynamics: a massive and passively-managed index fund or a concentrated, actively-manage stock portfolio. There’s a lot of middle ground in there.
All that said, you should invest in a way that best suits your goals. I’m not you. You’re not me.
Best regards.
I agree, there is a lot to like in O and I just bought some myself. Maybe i’ll add my position later this year. Thanks for your review Jason!
PIG,
Happy to write it up. One of the classics! 🙂
Cheers.