10-04-2016, 11:18 AM
(10-03-2016, 05:32 PM)Dividend Watcher Wrote: I agree with the above opinions however I had to grow into that opinion. After a couple of "bad picks" and bad "faith in management" hopes, I think if management is taking prudent steps, then I'd have to depend on the other members of my "dividend team" to keep the portfolio moving forward. If I find the income growth getting too stunted, then it's time to look at improving the portfolio.
Amen, DW. I very much wish that I had the experience and wisdom about stock picking that I have today back when I started building the portfolio back in 2008.
(Of course if I did, I'd probably have $400,000 worth of MO and nothing else....)