10-16-2020, 03:00 PM
(10-16-2020, 02:42 PM)ken-do-nim Wrote: Ah, so you're planning the give-it-to-the-kids approach. I hope that works out well for you.
New thread was put up a few hours ago : http://dividendgrowthforum.com/showthread.php?tid=1936
That was my plan as well but I'll take this to the new thread.....
I agree with Mike somewhat on picking growth stocks. I get sick for missing the generational highflyers I was well aware of.
-I remember laughing when Bezos started an online bookstore. He was a showman back then. Showed up to one of his early conference calls wearing cowboy boots and SPURS lol. Then his stock crashed during the tech bubble and I had a good laugh.
-Passed on AAPL at $13 when they were down and out, who knows how many splits ago? Stuck with MSFT and Dell and rode them into the dirt for a LONG time.
-The NVDA graphics card I bought in 1995 was a joke and it was expensive. Sure glad I dodged that bullet and didn't waste any money on shares lol.
That said, you are a techy and you don't have to hit many homeruns to succeed. You don't even have to buy that much tech. I love my DGI stocks. I got a lot of growth out of some of them. 1995 JNJ and PEP come to mind. The biggest trick is sorting out the companies that have little chance of growing much. Today's KO, IBM and XOM are not likely to give you significant growth. Room for them in my port and obvious Div stocks. Finding that established midcap/smallish large cap that has room to grow and a Div. Best to research now and hope to swoop in during a crash as valuations on high growth are obscene right now. This is a very dangerous time to buy and hold fast growth, and you do have to hold them to get the benefit for taking the risk.