10-25-2021, 07:04 AM
(10-25-2021, 06:28 AM)fenders53 Wrote: Same general attitude in the late 90s. Dividend stocks were for the elderly. No price was too high to pay for growth stocks.
correct, i'm more in the middle, i've personally witnessed a few people get very wealthy buying and holding dividend payers throughout the years--not yield chasing--have to stress that one
imho, a consistent plan is more important, a viable financial plan and sticking to it works well--flip/flopping hurts many portfolio's, cause those that flip-flop plans typically do so at the worst possible time to do so
it took me 20 plus years to see the benefits of investing, i'm at a time in life where i'm seeing the biggest moves (in either direction) with the portfolio--the first ten years maybe the first 13 years was like treading water no matter what i did, most of that time i was in mutual funds and etf, low cost funds--some people think investing in etf's/mutual funds is magic to make money, well, no not really, one can get hammered big time in those investments too