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-The Connolly Report is no longer printed. It's a blog. Four or so pages a month with ideas, links and dividend data (going back decades) about dividend growth investing. Summaries of reports for the last decade are here [[report summaries]] +The Connolly Report (since 1981) is no longer printed. It's a blog. Four or so pages a month with scores of ideas, links, yield and dividend data (going back decades) about dividend growth investing. Summaries of reports for the last decade are here [[report summaries]]
{{why_dg_oct_2016.pdf|}} Dividend Growth Investing {{why_dg_oct_2016.pdf|}} Dividend Growth Investing
-  * Dividend growth investors focus on the income their assets produce. Over the years, in aggregate, our dividends grow. From January 2008, the 24 Connolly Report dividend growth stocks grew 8.6% a year. The 2008 yield was 3.2%, so our return was 11.8%. Very few income funds grow their distributions. Dividend growth investors do not depend upon the size of the pot to fund our retirement. And here's the real bounty: our pot keeps growing as retirement progresses driven by dividend increases. It's common sense: a company that provides more income is more valuable.+  * Dividend growth investors focus on the income their assets produce. Over the years, in aggregate, our dividends grow. From January 2008, the 24 Connolly Report dividend growth stocks grew 8.6% a year. The 2008 yield was 3.2%, so our return was 11.8%. Very few income funds grow their distributions. Dividend growth investors do not have to depend upon the size of the pot to fund our retirement. And here's the real bounty: our pot keeps growing as retirement progresses driven by dividend increases. A company that provides more income is more valuable: so, it's price rises too. It's not only true, but common sense. You can still join our group.
-  * The purpose of data, charts and comments __inside__ this site to assist subscribers to set up and run a dividend growth portfolio for themselves; a portfolio to deliver growing income in retirement. This information is, unfortunately, not free. Refer to the [[About Us]] page for details.+---- 
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 +  * Setting up a portfolio yourself: (Rob Carrick, Nov 14 2019) 
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 +https://www.theglobeandmail.com/investing/markets/inside-the-market/article-as-a-diy-investor-do-i-need-an-adviser-to-review-my-portfolio/ 
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 +I would suggest that you do not want or need an advisor (certainly not a robo advisor) to set up a portfolio for you. Advisors, knowing little about investing, will put you into ETFs (a lot of mediocre securities providing little income). To build wealth, you must learn to set up a portfolio yourself. It is easy. There are hundreds of ETFs. There are only a few score of good dividend growing companies. I use TULF to select a Telecom stock (with recurring income); a Utility that has decades of consecutive dividend increase (your retirement income); a Lower yield stable, food retail stock and a Financial (any big bank). Rob Carrick wrote about TULF in November of 2016: 
 + 
 +https://www.theglobeandmail.com/globe-investor/inside-the-market/how-to-build-a-dividend-portfolio-from-the-ground-up/article32612979/  
 + 
 +https://www.theglobeandmail.com/globe-investor/inside-the-market/the-case-against-dividend-etfs/article32545975/ 
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 + 
 +  * The purpose of data, charts and comments __inside__ this site to assist subscribers to set up and run a dividend growth portfolio for themselves; a portfolio to deliver growing income in retirement. This information is, unfortunately, not free. It is unbiased, though and built on close to 40 years of experience. Refer to the [[About Us]] page for details. Join our group. 
 + 
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  * [[About Us]]   * [[About Us]]
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https://risingyieldoninvestments.blogspot.com/2019/09/am-i-too-focused-on-just-one-thing.html https://risingyieldoninvestments.blogspot.com/2019/09/am-i-too-focused-on-just-one-thing.html
-WARNING! Be aware that the valuation of the market at the point when you buy into an index fund significantly determines the return you will return. Buy and read //Probable Outcomes// by Ed Easterling or get access inside this site.+WARNING! Be aware that the valuation of the market at the point when you buy into an index ETF significantly determines the return you will return. The N.Y. market made a new high on November 13, 2019. What's next? The market has been going up for years. It is a foolish time to buy. Exercise restraint! Wait for better prices.
-  * After a decade or so, quality dividend growth stocks provide __yields__ which outpace the TSX and that's without factoring in appreciation in the stock price. Learn about this inside. The entry fee is $50. Next year the fee will be $100. Alternatively, read //Building Wealth with Dividend Stocks// by Joseph Tigue or Your Growing Income by Henry Mah. You'll be tens of thousands of dollars ahead. We are hundreds of thousands ahead having started at the turn of the century. If you are not disciplined and patient, forget it and index with an over-diversified ETF full of mediocre issues. Quality does it, holding does it. Facts about dividend, as the dividend goes so does the price, say, do not cease to exist because one ignores them.+  * After a decade or so, quality dividend growth stocks provide __yields__ which outpace the TSX and that's without factoring in appreciation in the stock price. Learn about this inside. The entry fee is $50. Next year the fee could be $100. Alternatively, read //Building Wealth with Dividend Stocks// by Joseph Tigue or Your Growing Income by Henry Mah. You'll be tens of thousands of dollars ahead. We are hundreds of thousands ahead having started at the turn of the century. If you are not disciplined and patient, forget it and index with an over-diversified ETF full of mediocre issues. Quality does it, holding does it. Facts about dividend, as the dividend goes so does the price, say, do not cease to exist because one ignores them.
-**August Connolly Report Blog summary**: 2019 dividend growth update ♣ Berkshire's prime goal is ... ♣ portfolio selections . . . ♣ two stocks mentioned . . ♣ Is refuge in bonds needed now? ♣ Keynes on portfolio construction ♣ What did Buffett says to concentrate on in his 2019 Letter? What's his prime goal in deploying Berkshire's capital? ♣ What the average rate of dividend growth since the war? ♣ With our yield growing each year, what kind of yield can you expect after a decade? And our capital grows at the same rate, right (no question mark) Why?♣ Why the 4% Rule is bunk for us? What's wealth? ♣ Portfolio Spending Rate (four paragraphs of comment on AAII Journal). +EXAMPLE: **August 2019 Connolly Report Blog summary**: 2019 dividend growth update ♣ Berkshire's prime goal is ... ♣ portfolio selections . . . ♣ two stocks mentioned . . ♣ Is refuge in bonds needed now? ♣ Keynes on portfolio construction ♣ What did Buffett says to concentrate on in his 2019 Letter? What's his prime goal in deploying Berkshire's capital? ♣ What the average rate of dividend growth since the war? ♣ With our yield growing each year, what kind of yield can you expect after a decade? And our capital grows at the same rate, right (no question mark) Why?♣ Why the 4% Rule is bunk for us? What's wealth? ♣ Portfolio Spending Rate (four paragraphs of comment on AAII Journal).
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Inside dividendgrowth.ca you will learn: Inside dividendgrowth.ca you will learn:
-  * that as the dividend grows, so will the price of the stock. We constantly compare dividend growth and price growth. It's truly amazing! For instance, Empire's dividend was 4¢ a share in 1997. Now the dividend is 46¢, up 11.7% a year. This drove the price from $3.05 to $37 a share, up 12% CAGR. Do your saving grow at 12% a year? +  * that as the dividend grows, so will the price of your quality rising dividend company. We constantly compare dividend growth and price growth. The correlation, according to Ned Davis Research is over 80% after a decade or so. It's truly amazing! For instance, Empire's dividend was 4¢ a share in 1997. Now the dividend is 46¢, up 11.7% a year. This drove the price from $3.05 to $37 a share, up 12% CAGR. Do your saving grow at 12% a year? 
-  * that ETFs allow advisors, who know little about investing, to play with the hard-earned money of savers using the faulty concepts of modern portfolio theory: over–diversification, beta and market efficency.+  * Discover that ETFs allow advisors, who know little about investing, to play with the hard-earned money of savers using the faulty concepts of modern portfolio theory: over–diversification, beta and market efficency.
  * Inside you will learn how to scrap just about the entire methodology of modern portfolio theory and return to the timeless principles of investing. Take your sacred savings out of the hands of middlemen who have no skin in your game.   * Inside you will learn how to scrap just about the entire methodology of modern portfolio theory and return to the timeless principles of investing. Take your sacred savings out of the hands of middlemen who have no skin in your game.
-  * Oct 1st 2019 - a short essay on the inferior performance of professionals . . . you'd never believe why most pros can beat the index. It's why I do not buy ETFs.+  * Oct 1st 2019 - a short essay on the inferior performance of professionals . . . you'd never believe why most pros can't beat the index. It's why I do not buy ETFs.
  * how to select the few quality companies you need to build wealth.   * how to select the few quality companies you need to build wealth.
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  * Ideas and opinions expressed in this blog should not be taken as any type of guidance.   * Ideas and opinions expressed in this blog should not be taken as any type of guidance.
 +Join the winning group!
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**WARNING about ETFs**: **WARNING about ETFs**:
-By definition, index ETFs can't win. And, as the market is high just now (Nov 2019), ETFs will, going forward, most likely lose again. Returns are determined by valuation! Funds certainly lost the last time the market was high. From 2000 to early 2009 the TSX gained only 0.74% a year. That's less than 1% a year. Over about the same decade, however, the CAGR* for dividend growth stocks was 9.6%. You do not buy an index ETF when the market is high. *compound annual growth rate In 2008, the market was high. From 2008 to 2018, dividend growth on the stock the Connolly Report follows was 9.0%. In the same period, the TSE was up only 1.6%. ♣ There are stocks in the index that do not pay a dividend, let alone raise their dividends. Where will your retirement income come from? Yields on ETFs are low. If you buy a stock that does __not__ pay a dividend, you are betting someone else will pay a higher price than you did.+By definition, index ETFs can't win. And, as the market is high just now (Nov 15 2019 the Dow went over 28,000 for the first time ever) ETFs will, going forward, most likely lose again. Returns are determined by valuation! Funds certainly lost the last time the market was high. From 2000 to early 2009 the TSX gained only 0.74% a year. . . less than 1% a year. Over about the same decade, however, the CAGR* for dividend growth stocks was 9.6%. You do not buy an index ETF when the market is high. *compound annual growth rate In 2008, the market was high. From 2008 to 2018, dividend growth on the stock the Connolly Report follows was 9.0%. In the same period, the TSE was up only 1.6%. ♣ There are stocks in the index that do not pay a dividend, let alone raise their dividends. Where will your retirement income come from? Yields on ETFs are low. If you buy a stock that does __not__ pay a dividend, you are betting someone else will pay a higher price than you did.
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