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Dear Fabzy, once again a great contribution on your part. I have followed your thoughts and inflows on the subject of dividend strategy - yes or no? rather quietly in recent weeks. Now I dare a little statement on my part. I myself often ask myself the question whether it is not already too early with my 23 years to bet only on dividend stocks. Sometimes I have the idea that I should rather try to boost my return with growth stocks or tech stocks in order to increase my capital. The increased capital should then be used later for the div strategy. However, these are very rarely my thoughts. My strategy should clearly be the monthly cash flow with above mentioned div strategy. On the one hand I want to save some shares monthly and on the other hand I want to buy selected companies at good entry prices. (Example this week it is Caterpillar) I have an investor to whom I look up since my beginning in the capital market 2021. Vllt he tell you what Helmut Jonen aka Waikiki5800 on Instagram. He bought his first stocks in 1983 and has been betting on high quality divdendent stocks with success ever since. He retired in his mid/late 50's and has been enjoying his life ever since with sometimes four digit higher dividend payouts from one company. Thanks for your thought provoking post. Definitely a mention for @ccf
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@DividendCop then it is exactly what I have described. Then we were at the similar thoughts and came to the similar conclusion. A dividend strategy in young can make sense, especially with the understanding of how and why we work and invest the way we do. Compound interest works for you. But one note: The stocks that bought in 1983 certainly had a different starting point 40 years ago. They were not high-dividend stocks then either, but only became so during that period. Today, there are perhaps only dividend payers in the portfolio with a considerable personal dividend yield. But that doesn't mean that this was necessarily the case 40 years ago.
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@Fabzy that is of course also true again!