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this is an interesting topic with some twists and turns imho
10 yr growth w/o reinvested dividends---yield---5 yr yield growth---payout %
bns 5.43%---4.64%---4.57%---50.35%
td 8.97%---3.79%---7.51%---40.67%
ry 10.49%---3.39%---5.92%---40.68%
bmo 8.53%---3.32%---4.27%---39.55%
vz 7.87%---4.7%---2.52%---53%
t 5.05%---7.65%---1.61%---(negative 670.97%)
bce 6.77%---5.38%---5.09&---117.45%
now some lower dividend payers but better growth
jpm 19.3%---2.48%---15.81%---26.68%
bac 21.34%---2.02%---22.87%---28%
wfc 9.34%---1.67%---(negative 12.05%)---23%
ozk 16.47%---2.71---12.24%---28%
c 11.57%---2.88%---26.09%---20.92%
gs 15.48%---2.04%---25.21%---14.63%
no dividend 10 yr average annual growth
tmus 22.06%
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the funny thing is before i grabbed these companies i considered wfc a horrible investment--because of all their issues the last several years and here looking at the total return it has actually done better then all the higher dividend payers over the course of the last ten years EXCEPT RY
now of course that's assuming one put in 100k ten years ago and didn't touch the money with no dividends reinvested
growth has been the clear winner the last ten years with this bull market--how long will this continue?? idk without the lost decade and the great recession we don't have this massive bull run....will value eventually do better then growth? idk
and we all know one can't go by past results for future gains
sure this thread might be centered towards INCOME for the retirement years but if one has enough money whats the difference if you're getting a 4% dividend or selling shares to get your 4%???
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this is why warren buffett/charlie munger say one doesn't need to hit home runs to do well or make a lot of money in the market--a whole lot of singles and doubles will get the job done
all what one needs is a lot of time and patience while not become an erratic bipolar type investor
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in a strange twist the down markets is when the real money is made--either because still in the accumulation phase or a decent amount of cash sitting on the sidelines, maybe both--or one is just a high income earner with money to spare.
time in the market trumps almost everything
during the great recession lost 50% plus....went from 212k-214k to 104k....kept buying didn't look just kept buying even though all my friends kept telling me to sell
February 2020 broke 1mil in investments during the pandemic went down 749k-ish did the same thing kept buying even though a good friend begged me to sell--i said you learned nothing since the great recession? i said buy!! don't sell!! the pandemic was a devastating year for many people, including myself, but it was good, really good financially.
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09-26-2021, 06:54 PM
(This post was last modified: 09-26-2021, 06:56 PM by fenders53.)
You and I actually invested similarly over the decades. Had some things I wanted to try the past few years and now I have. I invested a little too aggressively until 2018 but got by with it. I dodged the GFC dip with half my port. One time I tried to time the market and got lucky. I get a little scared with retirement so close. Trust me I could still get hurt but I am not going to lose half my net worth now. That would be foolish. I could live happily with a port yield of 4% forever. This was supposed to be easy now. And here we are with 2% long yields that have more capital risk than that. I can beat that with option tricks and incur similar risk. It would be simple with a market pullback. May sound hard to believe but it's true.
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Yes a Great Recession type pullback is all I fear. I saw it adjust retirement dates. Add a ten year recovery and it's trouble. I really don't think the market is bubbly on that level. I don't worry about bank failure. But I also have zero trust in politicians not taking us off a money spending cliff eventually. We are now 20yrs into spending like it doesn't matter. Each regime making the last one look thrifty lol. I see no path back to normalcy. A majority of millennials wonder if they can ever buy a home. They are probably in no mood to pay up and fix our bankrupted pension funds. Damn boomers lol.
Now back to the thread. We need more 4% yielders soon lol.
