05-13-2021, 09:40 PM
It all depends on your personal situation and your goals. High dividend income, even if it comes with low growth prospects, is certainly not a bad thing to have when you are in your retirement years. I would be super comfortable having a stock like that in my portfolio during retirement as long as the dividend is safe.
There is also the consideration that valuations in general are pretty high, so now might not be the best thing to let go of a stable asset and put the money into a speculative one. Then again that is just my view on the current situation.
There is also the consideration that valuations in general are pretty high, so now might not be the best thing to let go of a stable asset and put the money into a speculative one. Then again that is just my view on the current situation.