Re: Dividend Portfolio's
I simply made the mistake of running afoul of the belief that stock (and fund) prices are set by some economic function that can be quantified.
Dividend payouts and stock prices are not a zero sum game is all the point I wished to make. You dont end up losing by owning dividend payers, and there isnt a formula to tell you what the price of a stock or fund will be the next day as a result of a financially minute action the prior day.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.