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Strategies & Market Trends : Young and Older Folk Portfolio
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To: sm1th who wrote (423)11/10/2021 12:03:40 AM
From: chowder  Read Replies (1) of 22036
 
I suppose it depends on your personal situation. If you are drawing all of your dividends in retirement, there isn't much you can do to create more income.

If you have dividends to reinvest monthly then you can always add a few companies that have high dividend growth rates but for older folks, one can create much more income immediately if they are willing to invest in CEF's.

So I suppose it all comes down to how you want to create dividend growth. Do you want it now or do you want to build it slowly over the coming years?
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