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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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To: rnsmth who wrote (1709)12/13/2021 5:33:06 AM
From: cemanuel7 Recommendations

Recommended By
dan1944
ddbpaso
luvdividends
MinionMom&MarineWife
oabtpgn

and 2 more members

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Re: Groupthink

My modus operandi (terrible Latin, should be operandus/singular but we've bastardized the language) is to read what folks have to say as an idea generator.

This can be for specific stocks to look at. I use my screen but quite often someone will mention a company and I'll stick the symbol in to run in my next one.

But it can also be for investment strategies and methods. Chowder is a great example - sorry man but you provide so much and such great info. I am sure if he cared that he'd think I'm too strict on valuations when buying dividend-payers. This may be true but it helps my discipline - most of my "rules" are not return but discipline rules. But his beat/raise tactic for adding shares, or even starting a position, may work very well in my IRA where total return is the goal.

To me, what others say is a lot like yield. I do chase yield - I have spent the last 2.5 years trying to buy companies yielding over 2% with a strong preference for those yielding 3% to reach my dividend income dollar figure (I failed). But my stock picking doesn't end with yield - there's a whole pile of other information related to debt, cash flows, etc., that determines if the stock is right for me.

The same holds for stocks, investing methods or tools like SSD. Thanks everyone for all the ideas - they do matter and I look at them - but I'm going to apply my own investigation from there and figure out if it's is right for me. I suspect the same is true for most of us.

Finally, it is absolutely impossible for me to crawl inside someone's head and understand things like risk tolerance. This makes it unwise for me to directly copy/duplicate what someone else does. But all tips/advice/information are welcome (if phrased politely).
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