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Old 02-10-2017, 03:32 AM   #41
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I currently have 15% of my holdings in a single stock, DNP, a select income fund with all of its investments in the energy sector.

The ticker started in early 1987 and its monthly dividend settled in on a monthly 6 cents per share by June of that year. It was raised to 6.5 cents per share in July of 1997 and, other than a few bonus dividends, it has returned that amount every month since.

The stock has consistently sold for $9.50 to $10.50 for most of its lifetime with a few peaks and valleys along the way. Yes, it did dip to $6.15 in December 2008, was back to $9.00 by Aug 2009, and $10.00 by Oct 2010. The important thing is that during that entire market crash period, the monthly dividend stayed at 6.5 cents a share.

The price actually increased from $10.44 to $10.48 over the BRexit market correction!

At $9.50 78 cents a year is an 8.2% return and at $10.50 is 7.4%. It is currently selling at $10.68 today which is only a 7.3% annual rate of return. It was 10.04 in October before the Trump Market Bump.

My strategy has been to keep reinvesting my dividends and buy more when to price dips.
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Old 02-16-2017, 11:48 AM   #42
Give me a museum and I'll fill it. (Picasso)
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Some people like to put their cash investments under the mattress, or even inside a big old TV set. The problem is that they may forget where they put it. This forgetful investor got lucky!

$100,000 found inside old TV at Ontario recycling plant | CTV News
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Old 02-17-2017, 11:51 AM   #43
Give me a museum and I'll fill it. (Picasso)
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Quote:
Originally Posted by Meadbh View Post
This forgetful saver got lucky!
FIFY
Imagine if it was Apple or Microsoft stock!

AAPL Dec 2002 $1
Latest close $135 or $13,500,000

(Hopefully not Electrohome!)
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