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Strategies & Market Trends : Dividend investing for retirement
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To: Bocor who wrote (8829)5/1/2011 9:31:46 PM
From: chowder7 Recommendations  Read Replies (4) of 34328
 
I shake my head every time I read an article like that. Although some dividend investor's don't get it, neither does the author of that article.

Whenever someone says, did you beat the market, I say who cares. It isn't about beating the market. It's about building an income stream that is dependable, predictable and increasing.

Sometimes your portfolio value for the year will outperform the index and some years it won't. Why should it matter to me either way when my focus is on the income stream?

PG, ABT and JNJ haven't come close to outperforming the index over the last couple of years, but all of them continue to raise my income every year!

On SA I go by the name of Chowder. The only index I want to beat is the Chowder Index.

The Chowder Index means that this quarter's income from equities must be higher than the same quarter a year ago. If I am doing that, I don't need to concern myself with what the market is doing.

An example of the Chowder Index looks like this, per my Son's account:

1st Qtr 09 ... $108.00 in dividends.
1st Qtr 10 ... $264.95
1st Qtr 11 ... $542.81

I have no idea if his value outperformed the market or not. I do know that the income stream is growing at a handsome rate. That's what I care about.
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