04-19-2015, 11:41 AM
Welcome Caversham! You are in an enviable position.
IMO, you've read two of the best, non-technical books on dividend investing. Your worry about the stock market is somewhat true but, and even Chuck Carnevale has commented on it, it's a market of stocks. Purchasing EMR, JNJ, AFL and some others at this point will still reward you very well in the future. Since the dollar to Canadian exchange rate is about the average over the last 20 years, you wouldn't take too big a hit from the exchange rate fluctuations on some of the Canadian dividend growers either.
Have you downloaded the CCC list yet? http://www.dripinvesting.org/tools/tools.asp A good tool to start your shopping.
Looking forward to your participation. There are no stupid questions and you'll I'm sure you'll get a variety of opinions.
IMO, you've read two of the best, non-technical books on dividend investing. Your worry about the stock market is somewhat true but, and even Chuck Carnevale has commented on it, it's a market of stocks. Purchasing EMR, JNJ, AFL and some others at this point will still reward you very well in the future. Since the dollar to Canadian exchange rate is about the average over the last 20 years, you wouldn't take too big a hit from the exchange rate fluctuations on some of the Canadian dividend growers either.
Have you downloaded the CCC list yet? http://www.dripinvesting.org/tools/tools.asp A good tool to start your shopping.
Looking forward to your participation. There are no stupid questions and you'll I'm sure you'll get a variety of opinions.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan