10-23-2015, 09:23 AM
(10-22-2015, 07:16 PM)notexactly Wrote: The goal is 45 years old ideally, I might have a job or a hobby that I enjoy which provides some income, or who knows, love my full-time and continue that. But in general, that is approximately what I'm aiming for. As you said, life continues, life happens, and things can change.
You make really interesting points about the higher yielders, thank you for that.
Life does happen indeed. I'm just talking from personal experience here, you never know what's around the corner. I'm young too and quite frankly while the high growth stuff does have it's statistical appeal I prefer to go with high yield since well, life does happen. Right now I'm looking at about an estimated 1.5 years of being unemployed because my mom got sick and I'm taking care of her... certainly does not help with growing your portfolio. Thank goodness the hundreds of thousands in medical bills are being covered almost 100% by the public healthcare system. Point is, anything can happen and you never know when you need the cashflow. But once again... get some of both as the high growth ones, if they do keep growing, will reward you well in the future.