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home [2023/01/21 16:55]
tom |
home [2024/02/09 17:43] (current)
tom |
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| | * CNR’s dividend at the turn of the century was 12¢. In January of 2024 CN’s dividend was $3.38. That’s 14.9% a year. Dividends are a big deal. As dividends go, so does the stocks’s price. CNR’s price went from $7 to $78. Our income doubles every decade of so. So does our capital. |
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| {{why_dg_oct_2016.pdf|}} Dividend Growth Investing | {{why_dg_oct_2016.pdf|}} Dividend Growth Investing |
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| **January 2021 blog** inside this site (five pages): 20 year, year-by-year, dividend data which is updated for splits; you can take $7,000 per year from a $100,000 portfolio; our updated Streaker (at least decade long dividend growth record) List; my own 2020 RRIF withdrawal was 80% dividends (we eat less capital). | **January 2021 blog** inside this site (five pages): 20 year, year-by-year, dividend data which is updated for splits; you can take $7,000 per year from a $100,000 portfolio; our updated Streaker (at least decade long dividend growth record) List; my own 2020 RRIF withdrawal was 80% dividends (we eat less capital). |
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| | “Facing uncertainty, investors opt for security and attractive yields.” was a headline I saw in Investment Executive the other day. I smiled. I did not read the item. Is it not nice that we (growing income investors) do not need to worry about these matters? Our yields from good companies bought years ago are more than attractive now and these yields are still growing. This provide security: a stock providing an increasing cash flow become more valuable regardless of what the market is doing. |
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| * **Target date funds** bungle* up your retirement finances. How? Just as your equities become safer, before retirement via the build up of intrinsic value, target date funds automatically sell your stocks and buy more bonds. Just say no to target date funds. "As an investors time horizon lengthens", Warren Buffett says, "equities become progressively less risky than bonds." (2018 Letter, page 6) or this by Mr Buffett on February 27, 2021 "bonds are not the place to be these days" Tragically, more employers are defaulting to target date funds for pension plans. Absolute stupidity! And when bonds are in a fund, they lose their guarantee of your money back. ♣ I do not own bonds, never did, never will. Why not? The dividend on one stock in our portfolio was 32¢ when I retired in 1996. Now that dividend is $3.60 a share...up 10% a year. Why would I want to shift to fixed income? * bungle is informal for: mis-manage, work badly, damage or malfunction | * **Target date funds** bungle* up your retirement finances. How? Just as your equities become safer, before retirement via the build up of intrinsic value, target date funds automatically sell your stocks and buy more bonds. Just say no to target date funds. "As an investors time horizon lengthens", Warren Buffett says, "equities become progressively less risky than bonds." (2018 Letter, page 6) or this by Mr Buffett on February 27, 2021 "bonds are not the place to be these days" Tragically, more employers are defaulting to target date funds for pension plans. Absolute stupidity! And when bonds are in a fund, they lose their guarantee of your money back. ♣ I do not own bonds, never did, never will. Why not? The dividend on one stock in our portfolio was 32¢ when I retired in 1996. Now that dividend is $3.60 a share...up 10% a year. Why would I want to shift to fixed income? * bungle is informal for: mis-manage, work badly, damage or malfunction |
