Want to know the secret to retiring on dividends alone?
Keep that capital intact.
We invest to generate income. The more we have, the greater our potential payouts. So, losing principal is the cardinal sin.
We want our dividends. And we want our prices intact, or better. (If they grind higher, we don’t argue!)
Stocks that are going “up” are tough to argue with. I know, I know—as contrarians we want to bargain shop. We can’t help ourselves to find a deal.
Well deals are great, but so is momentum—especially when it comes to dividend stocks, especially in a bear market.… Read more