04-06-2015, 05:39 PM
(04-06-2015, 03:18 PM)Dividend Watcher Wrote: Cannew, I didn't read it all yet but enough to know it's steeped in theory and written by someone who's ignorant of the philosophy of dividend growth investing as I understand it. To them, DGI is buying any company that pays a dividend, reinvest the dividends ignoring anything about diversification, earnings/cash growth, propensity of the company to share its excess profits with shareholders, ignoring valuation or any of the other considerations that go into maintaining your portfolio. His assumptions of how a dividend growth investor acts makes him look likehttp://canadiancouchpotato.com/2011/01/1...hs-part-1/
In theory, I've heard a bumblebee shouldn't be able to fly either. Maybe Eric can give me the straight scoop here.
Could you point me to the source of the article so I can avoid wasting any more of my time.
I'm probably the extreme he refers to:
1. 100% Equities
2. No bonds, funds or etf's
3. Only hold 19 stocks of which 2 are US
4. Don't care about beating or matching the market or comparing my performance to any index
5. Diversification and Asset Allocation is not a major concern
6. Safety of dividend and its growth pattern are my benchmarks
6. Dividend Income is my objective, not Total Return
7. Not overly concerned about market corrections, even another 2008-2009
8. Have been extremely satisfied with my DG's performance
9. Not concerned if others may have better returns using other strategies or in converting anyone else to DG investing