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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (31087)4/10/2019 9:00:11 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
I really don't care about that, Steve, as long as it doesn't affect my income streams from those DGI stocks that keep paying and raising faster than inflation... like boring old JNJ for example... didn't skip a beat during the worst market and recession of my lifetime, indeed since the 1930s...

For people still accumulating and paying into 401Ks, etc., a 10-yr. flat market will make them richer in the long run...


I know in my own case that the 2008-2009 market added roughly 30% to my own accts., as they were dripping, maybe more -- some of the stocks I bought back then have tripled or quadrupled... since 2010, only a double if I choose that date as my "entry" into the markets and DGI stocks.

I've only ever had 3 stocks cut or eliminate their dividends and those were stocks I should not have bought to begin with -- SDRL comes to mind (which was put on during the last of my significant swing trading nonsense), KMI during their rollup (though I still came out very well as I sold on the announcement), and hmmm... there was another.... can't recall it at the moment because it was some years ago and is in the mist of time in my last remaining brain cell that's still functional.