01-30-2014, 02:12 AM
(This post was last modified: 01-30-2014, 02:14 AM by Dividend Watcher.)
(09-24-2013, 09:45 PM)Kerim Wrote: We've practically got a book club going!
Thanks for continuing, Oprah.
Interesting reading. As I was reading your latest installment, it struck me that one big difference between a value investor and a dividend growth investor is the value investor is more focused on price versus value and a DGI is more focused on the dividend stream and its growth versus value.
For myself, I'm willing to pay a fair (and sometimes even a little overvalued) price for a quality company that offers a reliable dividend stream -- JNJ being my latest example. That's why I try to buy in partial positions at a time -- to guard against my own stupidity building a position.
We all would love to buy everything at a bargain price but there are other factors involved. Age and time available before a DGI would need that dividend stream, for one.
Looking forward to the next installment.