07-01-2019, 10:45 PM
(06-28-2019, 09:47 AM)Ron Ricco Wrote: I guess none of us actually want to see a recession, but they can be very good for a dividend investor. Aristocrat stocks will do nothing but drip into a higher yield. Although it isn’t as fun to check the balances each morning, for the dividend income investor it can really boost the income.
Obviously there is the disclaimer about past performance etc, but I look back at the last recession and wish I would have known what a “Dividend Champion” was as I would probably have double the income now.
No of course not, recessions hurt people, even if it isn't me. As long as I have enough cash to enjoy the stock sale, they aren't so bad on the portfolio in the end. I learned the hard way that being "all in" is only good when the market is obviously a good value. We aren't there right now, and I don't have a 30 year investing horizon anymore. We may be years away from a recession. The only thing I am pretty sure of is we are lot closer to the top than the bottom. I'll be curious what the market does when he get a zero earnings growth quarter. Stocks are running up while hitting reduced earnings that caused them to drop not so long ago. Rational she isn't.
