Growth definitely accounted for most of my port's success. I bought XEL-JNJ-PFE with a DGI intent. PFE was actually more growth oriented at the time. Valuation was too high and it's been a lousy longterm hold. The other two were very good and so goes investing.
Back on topic if somebody bought some shares of PM-XOM etc 40 years ago the shares basically paid for themselves many times over. They can just call that part of their port done. I trust XEL to do well enough and not concerned if it goes nowhere for extended periods. I happen to think they have some growthy years just ahead though so even now I will nibble a dip.
Back on topic if somebody bought some shares of PM-XOM etc 40 years ago the shares basically paid for themselves many times over. They can just call that part of their port done. I trust XEL to do well enough and not concerned if it goes nowhere for extended periods. I happen to think they have some growthy years just ahead though so even now I will nibble a dip.