March 5, 2015 – I’m adding a note to update the “About” page (should have done this months ago).  I officially retired as of November 2014.  I have also completed my 401K rollover to an IRA with Fidelity.  I will be using these funds primarily for DG investing.  ** END OF UPDATE **

July 2014 – My first official post on my own blog began a very short time ago, at the word “About” in the line above.  So yeah, I’m new at this.  I’m venturing out into the blog world to create a kind of journal.  Writing it down seems to help clarify things for me.  My name is Steve and I live in Michigan with my wonderful wife and furry children.

A couple years ago (2011 to be exact), I took an interest in dividend growth investing, or “DGI” as some like to call it.  During that year, we paid off our mortgage and became completely debt free.  I was pushing 60 years old and thoughts of retirement entered my brain on a frequent basis.  At about that time, my wonderful wife retired from her job as a school teacher, spending over 3 decades improving the minds of our youngsters.  I too will soon “go out to pasture”.  Should you be curious,  I have worked in public safety in one form or another for the last 40 years.  I’m getting to the “Dividend Gravy” part, I promise.

At any rate, I contributed to a 401K for oh, about 22 years.  My returns have not been impressive by any means, but not horrible.  In 1998, we both opened Roth accounts and watched them flounder with the whims of the market.  In 2011, while searching for an investing “mission” that I really wanted to hang my hat on, I came across dividend growth investing on SeekingAlpha.com.  It was the pair of shoes that I had been searching for.  For me it was a great fit and it was something I was comfortable with.  Hat….shoes…. too many clothing metaphors…. sorry.

Well, on to the “gravy” part.  The plain fact is that DGI can have a very profound impact on financial security in retirement when one begins the process fairly early in life.  Besides money, time is a critical element in accumulating significant wealth.  Clearly, I will never see the same benefit from DGI as would someone who begins the process in their twenties or thirties.  But, my wife has a decent pension.  I will have a semi-decent (aka small) pension.  We will have health insurance through my employer (a biggie in my book), and we will have Social Security.  Those things are the meat and potatoes of our retirement income.  I will at some point roll my 401K into an IRA at a brokerage.  That, along with our Roth accounts will be devoted to DGI.  Our dividend income will never put us in the lap of luxury but should add some lovely gravy to our plates.  So yup, this is my dividend gravy blog.  I’m still a relative newbie to the DGI process.  We’ll have to see how it goes, but I’m encouraged by the progress we have made so far.

I guess that’s about enough “About” for now.  Thanks for stopping by.

23 responses

  1. Hey Steve, where about in Michigan? We live just north of GR.

    1. Hi Kipp. We live just west of Lansing. We visit GR a couple times each year and hit up the restaurants for birthday dinners, etc. You have a much better selection there :-).

      1. Yea, I like your layout where the article isn’t the entire thing and you click to read more. I am not sure if mine is going to do that when I ad the next article or not. If not, I will have to force it to somehow (or change to a theme that does this). I would imagine this would be adjustable in some fashion.

      2. Kipp:
        I don’t know for sure if you need to change themes to accomplish the “read more” button. If you are editing an article, look in the toolbar(s) for a small square that has a dashed line running horizontally through the middle of it. Assuming it is there, put your cursor wherever in the text that you want the “read more” to appear. Click the button and you’re done. Hope this helps.

  2. Wow, I thought I left that reply on the article… doesn’t even make sense here!

    1. Kipp:
      I don’t know of a way to move your post for you. I can delete it I guess and you can re-post. Or, we could just leave it. Whatever you prefer.


      1. No need to delete. I will try that out later to see if I can get that read more to appear. With just one article up so far, it isn’t really an issue. Tonight I am busy so hopefully Thursday I can get a more meaty article up about where we are at financially at the start of the blog.

    1. Check out the post for my questions for you.

  3. A Frugal Family's Journey | Reply

    Not quite the same story but we also recently turned to DGI to produce the “gravy” to our retirement income. Its been a learning process and we hit a few bumps in the road here and there. But for the most part, it been a great ride so far. Only wished I would have discovered it sooner!

    Wishing you the best. Cheers to dividends in retirement! AFFJ

    1. AFFJ:
      Sorry for the very tardy reply. For some reason, I didn’t get a notice that you had posted. Sounds to me like you are well on your way to receiving some pretty decent passive income in retirement. You have put forth some solid effort and you are still in your early forties, giving you time to watch the dividend snowball grow bigger and bigger. At least you didn’t wait until you were pushing 60 like I did :-).

      Same story here as far as hitting a few bumps, and I don’t know that the learning process ever stops. I know that my DGI skills are certainly not top notch. I’ve got a ways to go. Now that I’m in retirement, I hope to refine my investing processes a bit. I agree that its been a great ride so far. Still, I didn’t get into DGI until 2011 and have only experienced a market in a perpetual uptrend. I have to plan for the inevitable down in the market. Some higher dividends would be nice, so I suppose I should look forward to it.

      Take care and happy investing.


  4. I happen to like lots of gravy on my potatoes! Dividends are a very nice source of passive income. An increasing level of dividends along with the pensions and SSI should serve you well during your retirement. Good for you.

    Keep cranking,

    Robert the DividendDreamer

    1. Robert:
      Thanks for stopping by and for your comments. I took a peek at your blog. Holy cow! You are raking in some serious passive income there. Results like yours are exactly why I deeply regret not starting down the DGI road much sooner in life. I’ll never reach the levels that you have attained, though that doesn’t deter me from trying :-).

      Keep cranking indeed. Take care.


      1. It is never too late to start investing. However, stocks must be chosen so as to maximize your purchasing power (buying on dips and not at market highs) and dividend growth. Good luck with your portfolio and stay in touch.

        Keep cranking,

        Robert the DividendDreamer

  5. Love your comments on SeekingAlpha , always insightful and informative . Going a learn a lot from you on this blog. Good luck! — Yash

    1. Yash:
      Thanks very much. I still have much to learn myself, but the learning never stops I suppose. I appreciate your comments, and look forward to hearing from you on SA and elsewhere. Best of luck to you as well.


  6. roadmap2retire | Reply

    Ive seen your comments elsewhere, and have been meaning to check out your blog. Thanks for stopping by my blog and teh comments. Good to hear that you are close to retirement. Nice looking portfolio…I will be adding your blog to my reading list and will follow along.


    1. R2R,
      Thanks for stopping by. I’ve enjoyed perusing your updates. I apparently forgot to update my “About” section. I’m no longer close to retirement…. I am retired (as of November 1, 2014). Guess I need to create an addendum. 🙂

      Take care,

  7. Hey DG, awesome to see that you have already retired, will be great following your journey throughout retirement. Keep it up!

    1. Hi CG:
      Thanks for stopping by. I’m currently trying to regroup, so to speak. I need to better define my guidelines and goals. Basically, trying to write an investment business plan. I’ll be doing my best to keep it moving forward.

  8. David....aka...CapeCapMgmt | Reply

    Love your blog Steve…..Look forward to visiting often!!

    1. David / CapeCap,
      Nice of you stop by, and thanks for your comment. Not the best blog in the world, but I sometimes enjoy rambling in public about my investments :-). Every time I write something, it makes me think….. something I need to do more of.


  9. Hi,

    Henry from Finimize here – we are interested in partnering with you. My colleague Nik recommended your blog earlier today, and after having a closer look I believe your work very much aligns with what we do.

    Finimize specialises in bitesize financial education for young professionals with savings (helping them to get invested). We have more than 400k global users with a strong interest in finance, economics, and investing.

    I believe your readers would benefit highly from our daily markets newsletter (2 major financial stories of the day, 3min read, no jargon) and vice versa. In this context I’d be keen to explore affiliate opportunities – we pay $1 for a sign-up to our free newsletter or we could introduce Dividend Gravy to our audience.

    Let me know if you are interested – happy to jump on a quick call / discuss via email.

    Best wishes,

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