10-15-2013, 10:53 AM
Qutoes form the Investment Zoo.
Quote:However, my rule is to invest only in top-quality, largely non-cyclical growth stocks that have predictable high rate of earnings and, hopefully, dividend growth. I believe that if you keep this in mind, you will stay on track.
You only need a few of the best species to build a good diversified portfolio that will provide sustainable, low-risk, high compound earnings.
So to me dividends are important. Management, workers, the banks, the tax collectors, the community – everyone gets paid, even the board of directors. So why not also the shareholder? Dividends should rise as fast as the salary mass of the executive group – or, in fact faster, since it is the shareholders who take all the financial risk!