01-26-2015, 03:46 PM
ChadR all opinions and suggestions are welcome! That's why we are on this forum, right?
I partly do agree with you, it might be beneficial to try and go for some stocks with a higher dividend growth potential. Especially if we are aiming at not touching these investments for the next 20+ years. However due to personal reasons (mainly work related) I feel much more comfortable having some incoming cashflow from my investments and REITs hit the nail on the head with a decent yield and stable monthly payments. Also with IBs ridiculously low commissions I can already reinvest on a monthly basis even if I do not deposit any extra cash into my account. (which I've managed to do for the moment)
I always say that though I am under 30 I still invest like someone who is over 50. Mainly because I might have to rely on the dividend income earlier than a 50 year old with a stable job. So I do my best to build a portfolio that has a decent current yield without forgetting about the future either.
I partly do agree with you, it might be beneficial to try and go for some stocks with a higher dividend growth potential. Especially if we are aiming at not touching these investments for the next 20+ years. However due to personal reasons (mainly work related) I feel much more comfortable having some incoming cashflow from my investments and REITs hit the nail on the head with a decent yield and stable monthly payments. Also with IBs ridiculously low commissions I can already reinvest on a monthly basis even if I do not deposit any extra cash into my account. (which I've managed to do for the moment)
I always say that though I am under 30 I still invest like someone who is over 50. Mainly because I might have to rely on the dividend income earlier than a 50 year old with a stable job. So I do my best to build a portfolio that has a decent current yield without forgetting about the future either.