Comments on: Dividend Payout Timing for the Monthly Cashflow http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm Building Wealth through Saving and Investing Fri, 19 Mar 2010 19:36:23 -0400 http://wordpress.org/?v=abc hourly 1 By: MoneyEnergy http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79699 MoneyEnergy Mon, 27 Apr 2009 05:51:51 +0000 http://www.milliondollarjourney.com/?p=813#comment-79699 Great idea. I've been doing this for the past two years now. I also balance out the quarterlies with the nice monthly-paying trusts, for as long as they last... Great idea. I’ve been doing this for the past two years now. I also balance out the quarterlies with the nice monthly-paying trusts, for as long as they last…

]]> By: Finance Gooroo http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79558 Finance Gooroo Sun, 26 Apr 2009 09:24:16 +0000 http://www.milliondollarjourney.com/?p=813#comment-79558 Don't really pay a lot of attention to the dividend payout dates, but who knows, maybe I'll need to some day. Great post, very informative. As a former Canadian resident, your blog and many other big Canadian bloggers inspired me to begin <a href="http://www.FinanceAdvisoryStop.com" rel="nofollow">Finance Advisory Stop</a> Don’t really pay a lot of attention to the dividend payout dates, but who knows, maybe I’ll need to some day. Great post, very informative. As a former Canadian resident, your blog and many other big Canadian bloggers inspired me to begin Finance Advisory Stop

]]> By: Scott Hannah http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79204 Scott Hannah Fri, 24 Apr 2009 05:11:11 +0000 http://www.milliondollarjourney.com/?p=813#comment-79204 If anyone needs help, there is always the Credit Counselling Society, which is a Canadian non-profit organization which offers free advice. Check out http://www.nomoredebts.org . Hope this helps! If anyone needs help, there is always the Credit Counselling Society, which is a Canadian non-profit organization which offers free advice. Check out http://www.nomoredebts.org . Hope this helps!

]]> By: Daniel Wintschel http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79191 Daniel Wintschel Fri, 24 Apr 2009 03:42:14 +0000 http://www.milliondollarjourney.com/?p=813#comment-79191 I've never paid too much attention to dividend payout dates, as I tend to mostly buy stuff that pays out monthly (I love the consistent cash flow). It's an interesting idea though - one I hadn't really thought of. I’ve never paid too much attention to dividend payout dates, as I tend to mostly buy stuff that pays out monthly (I love the consistent cash flow). It’s an interesting idea though – one I hadn’t really thought of.

]]> By: Patrick http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79122 Patrick Thu, 23 Apr 2009 18:56:00 +0000 http://www.milliondollarjourney.com/?p=813#comment-79122 Well, you guys have a point. If my employer told me they were going to start paying me quarterly instead of every two weeks, I'd consider that an inconvenience. Well, you guys have a point. If my employer told me they were going to start paying me quarterly instead of every two weeks, I’d consider that an inconvenience.

]]> By: FrugalTrader http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79121 FrugalTrader Thu, 23 Apr 2009 18:53:18 +0000 http://www.milliondollarjourney.com/?p=813#comment-79121 wx_junkie, even though the portfolios in the post look a lot like my SM portfolio, they actually represent the dividends achievers list. Disclaimer though, I own REI.UN within my RRSP. wx_junkie, even though the portfolios in the post look a lot like my SM portfolio, they actually represent the dividends achievers list.

Disclaimer though, I own REI.UN within my RRSP.

]]> By: FrugalTrader http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79119 FrugalTrader Thu, 23 Apr 2009 18:46:12 +0000 http://www.milliondollarjourney.com/?p=813#comment-79119 Patrick, you are right, it is a bit goofy isn't it? However, I can see merit where one lives off dividends. Even if they had 3 months worth of expenses in cash, it's nice to have steady cash flow every month. Patrick, you are right, it is a bit goofy isn’t it? However, I can see merit where one lives off dividends. Even if they had 3 months worth of expenses in cash, it’s nice to have steady cash flow every month.

]]> By: Canadian Dream http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79113 Canadian Dream Thu, 23 Apr 2009 18:09:09 +0000 http://www.milliondollarjourney.com/?p=813#comment-79113 I have to agree that the timing of the payouts should not matter. If you have enough cash parked somewhere to cover living expenses for a year or two in retirement you can just add the money to the account as you get it. Over the year it should even out. I've never looked at payout dates since I really don't care as long as I get my money during the year. Tim I have to agree that the timing of the payouts should not matter. If you have enough cash parked somewhere to cover living expenses for a year or two in retirement you can just add the money to the account as you get it. Over the year it should even out.

I’ve never looked at payout dates since I really don’t care as long as I get my money during the year.

Tim

]]> By: Micki http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79109 Micki Thu, 23 Apr 2009 17:35:03 +0000 http://www.milliondollarjourney.com/?p=813#comment-79109 Well, it seems like everyone is pretty much on the same page. My strategy is to live off dividend income when I can finally retire, but I also plan on having some cash and other investments. If you can do a monthly budget, you can do a quarterly budget and just spread out your income. I plan on always having 3-months worth of expenses in cash, and then just replace it with the dividend income as the time comes. Although it would be more practical to have it spread out evenly, I wouldn't pick my stocks based on the timing of dividend payment. btw, love your blog and your new forum FT! Well, it seems like everyone is pretty much on the same page. My strategy is to live off dividend income when I can finally retire, but I also plan on having some cash and other investments. If you can do a monthly budget, you can do a quarterly budget and just spread out your income.
I plan on always having 3-months worth of expenses in cash, and then just replace it with the dividend income as the time comes.
Although it would be more practical to have it spread out evenly, I wouldn’t pick my stocks based on the timing of dividend payment.

btw, love your blog and your new forum FT!

]]> By: Sampson http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79105 Sampson Thu, 23 Apr 2009 16:52:34 +0000 http://www.milliondollarjourney.com/?p=813#comment-79105 Anyone living off proceeds of dividends alone will obviously have enough money to handle precarious situations. Although to some extent - I agree with you, it shouldn't matter. Even if I were paid once every 4 months now, I'd be fine. Just have to be disciplined with your spending. Anyone living off proceeds of dividends alone will obviously have enough money to handle precarious situations.

Although to some extent – I agree with you, it shouldn’t matter.

Even if I were paid once every 4 months now, I’d be fine. Just have to be disciplined with your spending.

]]> By: Patrick http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79101 Patrick Thu, 23 Apr 2009 16:47:38 +0000 http://www.milliondollarjourney.com/?p=813#comment-79101 Sampson, Seems to me that retirees who don't have 3 months of expenses in cash and are relying on dividends for their income are surfing in dangerous waters. Sampson,

Seems to me that retirees who don’t have 3 months of expenses in cash and are relying on dividends for their income are surfing in dangerous waters.

]]> By: Sampson http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79097 Sampson Thu, 23 Apr 2009 16:07:51 +0000 http://www.milliondollarjourney.com/?p=813#comment-79097 Patrick, Retirees depending on dividends as their primary source of income would care. Patrick,

Retirees depending on dividends as their primary source of income would care.

]]> By: Dividend Growth Investor http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79095 Dividend Growth Investor Thu, 23 Apr 2009 16:05:07 +0000 http://www.milliondollarjourney.com/?p=813#comment-79095 I don't typically care about payout dates. I just try selecting the best dividend stocks and hope they keep increasing their dividends. I don't mind keeping all dividends received in a given quarter, then divide the amount in 3 and then spend it over the next quarter.. Another thing you could do is limit yourself to stocks paying monthly dividends.. But why limit yourself on such a small thing, when you could view everything from a quarterly perspective and then work your way to monthly from there? I don’t typically care about payout dates. I just try selecting the best dividend stocks and hope they keep increasing their dividends. I don’t mind keeping all dividends received in a given quarter, then divide the amount in 3 and then spend it over the next quarter..

Another thing you could do is limit yourself to stocks paying monthly dividends.. But why limit yourself on such a small thing, when you could view everything from a quarterly perspective and then work your way to monthly from there?

]]> By: Patrick http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79092 Patrick Thu, 23 Apr 2009 15:54:11 +0000 http://www.milliondollarjourney.com/?p=813#comment-79092 Seems a little goofy to me. Don't you have three months' worth of expenses in cash at any time anyway? Why do you care about the timing of dividend payments? Seems a little goofy to me. Don’t you have three months’ worth of expenses in cash at any time anyway? Why do you care about the timing of dividend payments?

]]> By: wx_junkie http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79090 wx_junkie Thu, 23 Apr 2009 15:48:24 +0000 http://www.milliondollarjourney.com/?p=813#comment-79090 FT, I'm taken aback by seeing RIOCAN Real Estate Trust on your list. Are you not contradicting your own words by owning an income trust in your leveraged portfolio? Or maybe this is outside that portfolio. I assumed all your dividend payers were in your leveraged portfolio for your SM, but maybe this isn't the case. FT, I’m taken aback by seeing RIOCAN Real Estate Trust on your list. Are you not contradicting your own words by owning an income trust in your leveraged portfolio? Or maybe this is outside that portfolio. I assumed all your dividend payers were in your leveraged portfolio for your SM, but maybe this isn’t the case.

]]> By: Lawrence http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79086 Lawrence Thu, 23 Apr 2009 15:14:02 +0000 http://www.milliondollarjourney.com/?p=813#comment-79086 Good idea FT! I never paid attention to the payout dates. Something to consider. Thanks! Good idea FT! I never paid attention to the payout dates. Something to consider. Thanks!

]]> By: cannon_fodder http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79072 cannon_fodder Thu, 23 Apr 2009 13:47:07 +0000 http://www.milliondollarjourney.com/?p=813#comment-79072 I hadn't looked at payout dates at all, but if you have many equities (like FT's portfolio) chances are it will be relatively balanced. Frankly, I wouldn't look at it from an SM perspective since ultimately a dividend producing portfolio is not as tax efficient as one which produces no income. However, when using this investment portfolio to fund your retirement, then irregular dividend payouts may have a more negative impact. Again, that likely will not matter in my case since I will "meltdown" my RRSP to pay the interest charges on my SM LOC and with that and a TFSA I have the option to control how much I withdraw and when. I hadn’t looked at payout dates at all, but if you have many equities (like FT’s portfolio) chances are it will be relatively balanced.

Frankly, I wouldn’t look at it from an SM perspective since ultimately a dividend producing portfolio is not as tax efficient as one which produces no income.

However, when using this investment portfolio to fund your retirement, then irregular dividend payouts may have a more negative impact.

Again, that likely will not matter in my case since I will “meltdown” my RRSP to pay the interest charges on my SM LOC and with that and a TFSA I have the option to control how much I withdraw and when.

]]> By: Four Pillars http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79065 Four Pillars Thu, 23 Apr 2009 12:49:56 +0000 http://www.milliondollarjourney.com/?p=813#comment-79065 Interesting thoughts but I think if someone wants regular payments they should invest in fixed income or an annuity. With dividend stocks you are going to have irregular payments and that's just the way it is. Interesting thoughts but I think if someone wants regular payments they should invest in fixed income or an annuity. With dividend stocks you are going to have irregular payments and that’s just the way it is.

]]> By: Canadian Finance http://www.milliondollarjourney.com/dividend-payout-timing-for-the-monthly-cashflow.htm/comment-page-1#comment-79063 Canadian Finance Thu, 23 Apr 2009 12:44:03 +0000 http://www.milliondollarjourney.com/?p=813#comment-79063 Never looked at them by payout dates before. Like you said, I wouldn't want to invest based of dates alone, but spreading out the payout dates would keep a Smith Manoeuvre running more smoothly. Never looked at them by payout dates before. Like you said, I wouldn’t want to invest based of dates alone, but spreading out the payout dates would keep a Smith Manoeuvre running more smoothly.

]]>