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+--- Thread: Greetings from Arkansas (/showthread.php?tid=360)
Greetings from Arkansas - Gapwedge - 01-23-2014
I followed a link from a Seeking Alpha to get here. Electrical engineer employed by ETR going on 32 years and counting. I turn 61 this week and the moment I turned 59 1/2 I transferred my 401K to a self directed IRA where I invest in dividend growth stocks.
Since I am still employed by ETR I annually max out my 401K by contributing $23,000 of pre-tax dollars. Then those dollars are transferred to my IRA via an in-service distribution through my 401K plan administration fee-free 2-3 times per year. This in-service distribution is not advertised by the 401K plan, but should be available for most plans.
I currently have a portfolio of 14 stocks with an average yield of 3.68%. I seek total return. My definition is TR= Cap Appreciation + Dividend Growth + Dividend Yield. I drip my dividends back into my stocks, but eventually I will begin to accumulate the dividends as I near retirement.
I hope to contribute as well as learn from you guys.
RE: Greetings from Arkansas - Dividend Watcher - 01-23-2014
Welcome, Gapwedge. Be nice to have another contributor here.
RE: Greetings from Arkansas - Gapwedge - 01-23-2014
(01-23-2014, 02:28 PM)Dividend Watcher Wrote: Welcome, Gapwedge. Be nice to have another contributor here.
Thanks.
RE: Greetings from Arkansas - Kerim - 01-23-2014
Welcome Gapwedge -- glad you found us and thanks for joining in!
RE: Greetings from Arkansas - ronn38 - 01-24-2014
Welcome aboard!