I posted a couple of weeks ago on this forum titled "advice on diversifying a portfolio"
After tiresome work reading company annual reports imhave come to the conclusion that I am getting some companies ticking most of the boxes but then another meets different criteria. So I have decided to simplify the search. I plan to reinvest dividends to compound and also make a monthly contribution of 1k. Given that this is a long term investment I have come to realise that the most important thing to me is not doing my dough. Therefore, first criteria will be has the company survived the last 2 crashes? I am aware that this is not the only factor that kills my investment but I figure satisfying this tells me that it is a strong company not likely to go broke. Next will be dividend yield above 3% and the increase of more than 4% div payment for 10 consecutive years. This also speaks for the strength of the company ie even through tough times ie 2008, they have enough fcf to pay divs to investors. I will then look at the shortlist and diversify as best I can by sector. I am not concerned with share price as I will be cost price averaging over many months/years with my monthly contributions alternating between (hopefully) 7 or so companies. How do you guys think I am doing with this. There are so many metrics to consider, it can get very complicated very quickly so I have decided to focus on what is important to me. Is there anything crucial that I am overlooking. I would appreciate help with this as I am almost ready to put it into action.