02-07-2023, 09:19 AM
(02-05-2023, 02:36 PM)rayray Wrote: i guess what does one want, income or growth? can one be disciplined enough to invest for growth and make their own income from that return or does one have to depend on that dividend for that payment? we can only answer that question ourselves--personally--i believe the way to go is as much wealth as one can accumulate is the way to go--it's as simple as more money is better then less money.
most of us come from a "income" trained brain, we work and we get paid, we want that paycheck and it's easy to correlate that dividend as a paycheck--but how many people live from one paycheck to the next, from week to week? most people live that way--the trick is to treat your investments as a business and to grow that business, to think as a business owner rather then an employee.
i've evolved as an investor, dividends are nice, i won't turn them away but they're low on the totem pole when evaluating stocks
Right now during my child support paying years I'm prioritizing income.
That said, with all the revolutionary changes going on in the automobile area, from electric to self-driving to alternative fuels, I want to be in one of them. Ford seems to be well positioned in those areas. That said, my position is only $1k at present.