09-23-2013, 08:41 AM
Thanks. Before we found the DG and especially thanks to the Connolly Report, we were just spinning our wheels. Invested in many stocks which made & lost money, got a financial advisor who had most of our money in GIC's (cd's) and mutual funds. The losses were limited but again limited growth and lots of fees.
Since we've switched to DG our income has grown each year and our investment has been positive. Even when we got hit badly by 2008\2009, we held onto our stocks, the income continued to grow and now we've recovered all our paper losses (even though some of the stocks original prices have not been reached).
As I don't get a company pension (other than CPP, your soc sec), dividend income is important. We've managed to grow our dividends to the point they are currently double the gov't pension, and growing.
Since we've switched to DG our income has grown each year and our investment has been positive. Even when we got hit badly by 2008\2009, we held onto our stocks, the income continued to grow and now we've recovered all our paper losses (even though some of the stocks original prices have not been reached).
As I don't get a company pension (other than CPP, your soc sec), dividend income is important. We've managed to grow our dividends to the point they are currently double the gov't pension, and growing.