A lot of people love to quote Buffet saying that “I buy on the assumption that they could close the market the next day and not reopen it for five years.”
In that spirit, and with New Year’s upon us, how about we undertake the ten-year challenge?
Rules: You’ve got $100,000 to invest in no more than 10 dividend growth stocks at today’s prices. Investments must be in $10,000 chunks. You won’t be able to trade them for 10 years. Dividends will be automatically reinvested in the companies that pay them. Goal is highest value at the end of 10 years.
I’m not assuming this will be something we’ll actually look back on in 10 years to declare a winner. (I can only hope that the site will be around that long!) But it should be an informative exercise in any case, to pick the safest companies that still offer a good profile of yield and dividend growth.
I’ll go first:
$20,000 PM
$10,000 MO
$10,000 XOM
$10,000 PSX
$10,000 JNJ
$10,000 KO
$10,000 AFL
$10,000 DE
$10,000 O
In that spirit, and with New Year’s upon us, how about we undertake the ten-year challenge?
Rules: You’ve got $100,000 to invest in no more than 10 dividend growth stocks at today’s prices. Investments must be in $10,000 chunks. You won’t be able to trade them for 10 years. Dividends will be automatically reinvested in the companies that pay them. Goal is highest value at the end of 10 years.
I’m not assuming this will be something we’ll actually look back on in 10 years to declare a winner. (I can only hope that the site will be around that long!) But it should be an informative exercise in any case, to pick the safest companies that still offer a good profile of yield and dividend growth.
I’ll go first:
$20,000 PM
$10,000 MO
$10,000 XOM
$10,000 PSX
$10,000 JNJ
$10,000 KO
$10,000 AFL
$10,000 DE
$10,000 O