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Alpine Dynamic Dividend Institutional Message Board

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  • pincheot pincheot Sep 13, 2010 12:16 PM Flag

    Need some good advice, please.....

    I own 1200 shares of ADVDX in a Roth Ira at Schwab. The dividends (about $54/mo.) will be paid in cash into the account. Then I plan to invest $125 per month from the accrued dividends, plus another $75 which I add to the account, in NBGNX and have its dividends reinvested in that fund. I hope to do this for the next 20 years. NBGNX turned $10,000 into $100,000 during the last bull market - 15 year period. It has an excellent record and it recently reopened to new investors.

    I also have 50 shares each of BEN and EV, dividends reinvested. These money manager funds do spectacularly during regular times. BEN turned $1,000 into $1,000,000 during the eighteen years of the '80's-90's market (dividends reinvested). I think EV even surpassed BEN over a 25 year period. It is expected that the market will fall, so one might consider buying small amounts, 5-10 shares at a time, over the next year.

    One has to figure out how to maximize small investments over a long period of time, investments which you can put in an account, reinvest dividends and capital gains and not look at for years. Small plans can yield large rewards. Small investors have no staying power, so if you can do small things consistently and over time, I think you will do well in general.

    One has to pay attention to risk. If you want to put a little time into thinking about investing, I think you will enjoy Charles D. Ellis' books. He is an "investment Penseur." For a shorter take, see if you can find old Jason Zweig articles on Charles D. Ellis.

    There are many ways of looking at risk and it is interesting to contemplate them.

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