07-06-2014, 12:36 PM
Robert:
Since you are just beginning your DG portfolio (three years is not a lot of time), I'd suggest you concentrate on about 10 to 12 solid dividend growth companies. Selecting those should be fairly easy and you may already hold many of them. I'd much rather hold 12 great stocks than add 20 or more so-so stocks just to diversify into various sectors.
Once you've got a sizable position in the 10 or 12 and have more time, experience and money, then you may wish to expand your list. You won't go wrong by just buying great DG stocks, adding to them and holding.
As Dan says don't get caught up in what the so-called experts have to say.
Since you are just beginning your DG portfolio (three years is not a lot of time), I'd suggest you concentrate on about 10 to 12 solid dividend growth companies. Selecting those should be fairly easy and you may already hold many of them. I'd much rather hold 12 great stocks than add 20 or more so-so stocks just to diversify into various sectors.
Once you've got a sizable position in the 10 or 12 and have more time, experience and money, then you may wish to expand your list. You won't go wrong by just buying great DG stocks, adding to them and holding.
As Dan says don't get caught up in what the so-called experts have to say.