I see young adults on here posting about buying dividend growth stocks so they can live on the income during retirement two or three or more decades down the road. Is this really a smart approach?
Aren’t today’s well established, high growth, low-to-no dividend payout companies likely to be tomorrow’s dividend growth companies? And in the meantime, you’ve gotten a better total return and no taxation?
I feel like, just by loading up on Microsoft, Apple, Visa, and Mastercard today (all of which do pay a (low yield) dividend), you’ve got a good chance of having a very nice dividend income stream in twenty years.
Submitted August 01, 2020 at 07:40PM by bottlecapman2 https://ift.tt/30l2gZi
