@dayendtrading 28 months old with a 30k net worth. Going aggressive in your RESP has lots of compounding benefits in the long run.
Don’t hold off on investing in your child’s RESP!
@DividendDaddy1@CDInewsletter Hi @DividendDaddy1
Just playing devil’s advocate here, but what about someone who has been DCAing into Telus since 2006 and is sitting on no capital gains?
Other than having a diversified portfolio of course.
@DividendDaddy1 Hi Daddy,
How many stocks would you recommend in a dividend portfolio?
I mean, what is the sweet spot between being too concentrated (risking income in even 1-2 companies cut dividend) or being over-diversified to the point where you would be better off holding a dividend etf?
@DividendDaddy1 Hi Daddy 🙂
I know being dividend investors means we don’t bother ourselves about other things, but $RY has barely given 6% appreciation in like 3.5 years.
How do you mentally deal with such things?
Is it simply buy and forget? Or is there an exit strategy? Recent $BCE divis
@gilmoreport We do ‘get it’ Gil. Honestly we do.
But it gets a little tiring for your followers to constantly listen to the Canslim bashing.
We are here cause we value your view. I hope you can get your foot off the pedal once in a while if you know what I mean. 😊
@dayendtrading 28 months old with a 30k net worth. Going aggressive in your RESP has lots of compounding benefits in the long run.
Don’t hold off on investing in your child’s RESP!
Don’t get confused because of my name. Yes, I do love good dividends, but they serve a specific purpose, which is funding our daily lives. Once that target it achieved I plan to focus all my baby energy on index investing.
I am @dividendbaby#RESP#canada#TFSA
Glad to find out that one of my major holdings recently announced a 16% Dividend Increase. This pushes up my annual dividend income to $1500.
To Summarize
Net worth: $28,000
Dividend Income: $1500
Age: 27 months
I am #Dividendbaby#investing#trading#canada#resp#tfsa
The issue I can’t wrap my head around is:
1. The capital at risk in buying dividend stocks.
2. The uncertainty of a company continuing to pay dividends.
That’s why I try to earn one of the only sustainable sources of dividend: Index Funds.
Buy The SPY!
#spy#voo