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Sunday, January 28, 2024

Home Run Number 50

This week was special for my DivGro portfolio. I just celebrated DivGro's 49th Home Run, and I'm back to announce my 50th Home Run!

If you invest in high-quality dividend growth stocks, then there's rarely a reason to sell your stocks. And if you hold dividend growth stocks long enough, eventually, they'll double your original investment in total returns and become Home Run stocks!

Dividend growth investing is the ultimate Get Rich Slow Scheme. It's boring but beautiful and a perfect example of Slow and Steady wins the Race!

Time in the Market is an admirable goal. In contrast, Timing the Market is a fool's errand. It's impossible to accurately pinpoint a market high or low point, so those who attempt it run the risk of missing periods of exceptional returns. The dividend growth investor reaps the benefits of a strong bull market and a regular income stream even when the bears take over!

In the ten years since General Dynamics (GD) became my first Home Run stock, I've racked up fifty home runs in my DivGro portfolio!

To see which stock became DivGro's 50th Home Run, read this article at DivGro 2.0.


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