Money is freedom. And freedom is happiness.
Hard to take in given the size of your portfolio, but you've got quite a few strong dividend players in there, and several positions that I hold as well. Good luck as you continue building and investing in your portfolio.
Thanks for the kind words!
This is truly an amazing Portfolio. I have just started to create my own and posted my portfolio on my blog. Your portfolio is quite impressive I must say.
Very impressive portfolio. You have a lot of solid companies and you're very well diversified. How many years have you been investing? Is there a reason why you have so many different accounts?
I have been investing for 8 years. My preferred mode of investing is through DSPs and loyal3, but these have limited stock selection. Merrill Edge gives you 100 free trades per month, among other benefits (see their Preferred Rewards Program: http://info.bankofamerica.com/preferred-rewards/), but the caveat is that you must keep your total balance between $100k and $250k. My Roth IRA is also with Merrill Edge. Anytime my balance is at risk of going above $250k, I would transfer securities to my IB account. IB charges low interest rates on margin loans, so in case I wanted to leverage myself when stocks become cheap, it is a way to do so. The other accounts with small balances are mostly legacy accounts that I opened to take advantage of signup bonuses.
Thanks for the reply!
I use Scottstrade for their FRIP feature. Worth a look. Impressive portfolio.
Based on all the accounts you have open, how do you manage at tax time? heheDo you use any software to manage it other than Google Sheets?
It does take me some time to do my taxes, but typically I can get it all done within a day. The MLPs are a pain though. If I had known about the tax paperwork implications, I would never have bought any MLPs in the first place.
Hey I have a familiar blog like yours, it's called www.dividendgrowthbunny.com. I'm very impressed with your over all return. May I know how much did you start with, and how much you put into the portfolio monthly?? And how long has it been when you start investing in this portfolio. Please let me know and also check out my blog and portfolio. I hope we can share ideas and give each other inspiration. - Dividend Growth Bunny
Hi DGB, thanks for stopping by! Your blog looks very impressive! I started with nothing in 2008/2009, probably even negative net worth given student debt. I have been the beneficiary of this long bull market so far. Currently I put in about 7k each month.