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Old 10-27-2019, 09:28 PM   #267
Regorium
First Line Centre
 
Join Date: Apr 2006
Location: Calgary
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Quote:
Originally Posted by sa226 View Post
In my ongoing quest to have a comfortable retirement while not having to do much work, in the past 12 years I have gone from Mutual funds to pure growth investing to 90/10 index investing with a horizon of 20+ years.

Now im slowly moving into pure dividend growth investing.

I think its the perfect balance of decent forecastable returns with a fairly hands off but involved approach. With a 20 year horizon, the power of compounding returns with reinvested dividends is pretty enticing.

Is it boring as hell? Yep. I've come to realize that im never going to find the next apple, so this is going to be my new approach.
I tried to do this by investing in dividend darlings like Crescent Point Energy.

Definitely learned an expensive lesson about dividend investing. A lot of times, a high dividend is generally a good indicator of the level of risk you're actually taking on.

For example, even a strong company like Enbridge with a relatively high dividend is indicative of the level of risk that the company takes on. You're betting that you're not going to have a PG&E situation, and the high dividend is the reward you get for taking on that risk.
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