Comments on: Progress Update – August 2008 * http://dividendsvalue.com/1402/progress-update-august-2008/ Dividend Investing & Value Investing For A Superior Portfolio Mon, 11 Apr 2011 13:45:49 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Dividends4Life http://dividendsvalue.com/1402/progress-update-august-2008/comment-page-1/#comment-2558 Dividends4Life Mon, 08 Sep 2008 01:45:00 +0000 http://dividendsvalue.com/1402/progress-update-august-2008/#comment-2558 Anon: As previously noted, I am not a licensed investment professional, thus I can't make recommendations, but I can tell you what I do. If I were starting today, I would probably save $1,000 and open a discount brokerage account and buy my first stock with it. For me $1,000 is the smallest block I work with, otherwise the commission as a percentage is too high.<br/><br/>As for the size of my 2017 portfolio, if I meet my 10% yield on cost it will be $300,000. At today's yield on cost of 5.38%, it would have to be $557,620. The final answer will likely be somewhere in between.<br/><br/>Best Wishes,<br/>D4L Anon: As previously noted, I am not a licensed investment professional, thus I can’t make recommendations, but I can tell you what I do. If I were starting today, I would probably save $1,000 and open a discount brokerage account and buy my first stock with it. For me $1,000 is the smallest block I work with, otherwise the commission as a percentage is too high.

As for the size of my 2017 portfolio, if I meet my 10% yield on cost it will be $300,000. At today’s yield on cost of 5.38%, it would have to be $557,620. The final answer will likely be somewhere in between.

Best Wishes,
D4L

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