lucas03 dividend portfolio

[lucas03]

Quote:I'm sure a few here will help you but step one is not disappearing for months or we are wasting out time.

sorry, wanted omre time to think about your replies + a bit more work in these corona times. Should be better in the future

Quote:I don't recall your current port but you might throw it up and we can suggest a few to dump and re-allocate.  

It's in first post, this is my DGI portfolio. Comparing that to SP500 index, I think my last buys were bad -> by buying index I would be better off. my plan was to only buy stocks.  My strategy is to buy stocks monthly for 20 years and then live off it. Buy selling, it comes with extra effort like including it to taxes -> I was thinking I would focus on buying now and start selling in the future, as I get more experience/knowledge.

Quote:Many of them are likely to get smoked some month soon and that is a motivation killer for a newish investor

As my first buy was in Dec 2015, when I was still in school, and I am buying stocks monthly since then, hopefully motivation/quiting is not a risk for me

Quote:If you're looking for banks check out the top 5 or 6 Canadian banks

I have some BNS, usually I try to dollar cost average when dip is significant. e.g.