2014 marked my first year as a dedicated dividend investor. I dabbled with stocks in 2013, but in March of 2014 I decided to pursue a retirement strategy centered around high value dividend generating stocks. I made a few mistakes in my first year, chasing a few stocks with high dividends but horrible fundamentals. Additionally, I had a few thousand dollars tied to ARCP, and ended up losing close to $500 due to the company’s creative accounting practices. Even with the mistakes I made I am very satisfied with my first year as an investor.
Winners And Losers
My biggest winners this year were:
Target – $721 gain
Altria – $538 gain
Digital Realty Trust – $420 gain
Omega Health – $344 gain
Dr. Pepper Snapple – $225 gain in stock value
My biggest losers this year were:
American Realty Capital Properties – $482 loss
Jaiyuan – $188 loss
Navios Maritime Partners – $221
My Overall Stock Appreciation
My 2014 total gain in portfolio value was $1682.92.
My 2014 Dividends
My 2014 dividends received were $821.99
Lessons Learned and Next Steps
This year I learned to stop chasing high yield dividends unless the stock passes my screening criteria. I also learned to not freak out when the stock market is down. Lastly, I learned to listen to the voice in my head. I was not comfortable holding my three biggest losing stocks. I should have went with my gut and avoided these stocks.
My next steps are to keep doing what I am doing. This year I will continue educating myself on stock evaluation, diversify my portfolio into the financial and consumer staples sectors, and double down on energy stocks.
I am happy with my 2014 actuals – gains and dividends. I am going to push hard to double my annual dividends in 2015. One of my goals for 2015 is to add $50,000 to my Portfolio. When I accomplish this goal I will have at least doubled my annual dividends.
Best of investing luck to all of you in 2015!
Full Disclosure: Long on TGT, MO, DLR, OHI, DPS and NMM.