Here is a link to Vita Nelson's DRPs. You are buying shares directly from the companies through her service. William provided another person with similar services.
Only on long term Canadian marijuana..
Vita Nelson is the training wheels for entry and the big discounts from market are REITs and utilities because they eat capital like there's no tomorrow. Pipelines for example are an expanding annuity and they also include the thousand year old sewers of Europe, water lines, and underground utilities. REITs include hauling trash and janitorial work. Sodexho, a French REIT, even does the laundry at Mayo Clinic Jax. If you can get everything organized with 12 companies with the right xdiv dates and with 5% discounts you can make 85% a year for a while in DRIPs just moving some money around. Then the cycle swings the other way to fees, fees, fees for a while.
There ya go .bookmarked,.thanks. Understand value of Div reinvesting,late to the game but all 3 of those foreign stocks I listed pay a decent div which is reinvested and have appreciated nicely also.
I don't mean to pry, and totally understand if you don't want to go into it but what happened in the Bush/Obama crash exactly? Did this same financial advisor pull you out of equities at that time or were you more in control of your investments prior to 2008? Also If you've been averaging 9% since 2010 that is quite a bit behind the rebound in the markets since the bottom in 09. ESPECIALLY IF your 401K mix has contained 75% US equities! Put another way, instead of split across 6 funds, possibly paying for a lot of turnover, management fees etc you could (that terrible word) have had it all in an S&P index fund (designed to track the S&P 500) and you would be way ahead.
DRIP investments are incredible for kids if you are in a position to open one for them or give them some guidance if they are adult age. The compounding effect of reinvesting dividends quarter after quarter, year after year plus the stock price appreciation is very difficult to beat.
Your doing fine dude, I was comparing the total gain of the S & P from the bottom in 2009 which is around 160% but who buys at the bottom right? I was just poking a bit at your advisor having you across 6 funds. It might be worth just asking him in a polite way "Say you know it's hard for me to see what I'm paying in fees can you help me understand that? And "would it be simpler and cheaper if I could consolidate down to maybe 3 funds instead of 6?" But yeah you're fine. Heck there are millions of people who bailed in 2008 and 09 and have been in cash and bonds ever since.
I'm in the same boat....lost half or more in the crash, I left it in the stock market though and did make some gains on what I had left in there, but unlike others who were still working and having new additional money each week go in to their 401k, since I had decided to be a home maker around that time and not work anymore, I had no new money withdrawn from my paycheck going in that would have made up for the losses by getting the huge gains the market made....
I've made plenty of mistakes in my investing over the years but the best thing I ever did was bite my lip and ride out the last crash without selling anything and continuing to "buy" through dividend reinvestments. If you can stomach it, you will never get shares cheaper than when there is blood in the streets.
And IF you were 50 when the stock market crashed and you lost 50% of your entire lifetime 401k savings, what would you do? What would be the best thing you could do?
