h1. Tom's Comments

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"The key is to wait for the market to decline and to pick companies with the best likelihood of maintaining their dividends" Martin D. Weiss, The Ultimate Depression Survival Guide. TC: Notice his fifth word: there is a lot of waiting with the dividend growth strategy. Valuation is everything. Arnold Bernhard's 1959 book //Evaluation of Common Stocks// talking about valuation at the time of purchase on page 121. (When I get a jiff, I'll add it here.) The bigger question is: when do you know the market has declined? That's a tough one. One of my guides it yield. I plot yield data.