haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This discussion is as old as my tenure on this forum, and likely older. I have never seen anyone change his or her mind about being dividend investor vs. a buy and hold total return index fund investor. I do think that there have been people who inherited single stocks, or who had a divorce settlement including stocks who were sold the asset allocation total return style, and now that I think of it a certain Northern California stream fisherman/tournament golfer also changed to this method as he clearly saw that it would give him more time on the stream or links than doing individual stock research would.
Much of what is said on either side of the debate is perhaps not really on point anyway, so why would anyone change his mind? (This time I said 'his mind" as I don't remember that any women have posted that this is their main or only way of investing. It may be, now that I think of it, that a big majority of men who are exclusive dividend investors are single, excepting Brewer and Gus Levy who are Wall Streeters and individual stock investors though perhaps with a more wide ranging description than just dividends. Likely a married guy would not relish facing his wife with a failure that could not so easily be offloaded onto from his shoulders onto "the market".
I buy both dividend growers and individual stock speculations that do not pay dividends, though lately to the extent that I do own equity almost all is dividend paying, though not necessarily what would be called a high dividend. I would definitely never choose a stock only based on a dividend, as nothing is easier to eliminate or reduce. It is necessary to understand from whence comes the cash to pay this dividend, and what are the chances that these cash flows will remain robust.
Essentially, this is a perilous time for a retiree to make investment choices, whatever style is being followed. And a perilous time to not make choices, which is also a choice.
Ha
Much of what is said on either side of the debate is perhaps not really on point anyway, so why would anyone change his mind? (This time I said 'his mind" as I don't remember that any women have posted that this is their main or only way of investing. It may be, now that I think of it, that a big majority of men who are exclusive dividend investors are single, excepting Brewer and Gus Levy who are Wall Streeters and individual stock investors though perhaps with a more wide ranging description than just dividends. Likely a married guy would not relish facing his wife with a failure that could not so easily be offloaded onto from his shoulders onto "the market".
I buy both dividend growers and individual stock speculations that do not pay dividends, though lately to the extent that I do own equity almost all is dividend paying, though not necessarily what would be called a high dividend. I would definitely never choose a stock only based on a dividend, as nothing is easier to eliminate or reduce. It is necessary to understand from whence comes the cash to pay this dividend, and what are the chances that these cash flows will remain robust.
Essentially, this is a perilous time for a retiree to make investment choices, whatever style is being followed. And a perilous time to not make choices, which is also a choice.
Ha