GREY:BIXZF - Post by User
Comment by
binzer55on Aug 24, 2011 12:30pm
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Post# 18975104
RE: RE: BXI20
RE: RE: BXI20As you don't feel the need to sell your precious metals, I don't feel the need to sell my best dividend stocks, as they are all growing their businesses and cash flow, thus ensuring that their dividends will, at the very least, continue at the present levels. Most likely, the dividends will increase.
Unlike gold, which has limited real use, my dividend stocks provide basic services that will always be required. And unlike gold, they have the ability to grow organically.
If we do have a major market correction, I will simply add more shares of the best dividend stocks. In the meantime, they pay me to wait.
I retired at 55, and my stocks provide a very comfortable living, far more than I ever made working, and I am a professional.