04-06-2015, 03:18 PM
Cannew, I didn't read it all yet but enough to know it's steeped in theory and written by someone who's ignorant of the philosophy of dividend growth investing as I understand it. To them, DGI is buying any company that pays a dividend, reinvest the dividends ignoring anything about diversification, earnings/cash growth, propensity of the company to share its excess profits with shareholders, ignoring valuation or any of the other considerations that go into maintaining your portfolio. His assumptions of how a dividend growth investor acts makes him look like
In theory, I've heard a bumblebee shouldn't be able to fly either. Maybe Eric can give me the straight scoop here.
Could you point me to the source of the article so I can avoid wasting any more of my time.
In theory, I've heard a bumblebee shouldn't be able to fly either. Maybe Eric can give me the straight scoop here.
Could you point me to the source of the article so I can avoid wasting any more of my time.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan