12-21-2020, 04:17 PM
(12-21-2020, 03:47 PM)EricL Wrote: Thanks for the words of encouragement Fenders. I had my doubts at times whether I'd make it, but a strong December should push me over the top.Trends will come and go as far as capital appreciation is concerned. The longterm 10% income growth part will be the trick. The only way I know of to ensure that over time is fast growth companies that pay a lowish div. Whether that is a good idea or not will vary over time but mostly I think it's not a bad path to pursue. You own good companies and the total return will work out well enough in the end. You have a good mix that includes high div stocks that can't possible hold up their end of the income growth deal. But they already pay a yield on cost Div other stocks will take a decade or more to to approach. My port is a mix like this.
It can be discouraging at times when you see the tech sector go up 10% a week while some of the dividend stocks seem to tread water. But the market goes in cycles, so I suspect at some point that will shift back the other way again. Keep reminding myself that long-term S&P returns are only 6.1% over the last 20 years, so double-digit gains aren't anything to be ashamed of for long-term investing.