Originally Posted by JaxRed
That is the traditional model. Build up as much money as possible, then close to retirement switch to conservative investments and live off the stream and or take money out to live on. However that depends on being "lucky" in your retirement income. For example people that retired in early 2008 versus 2009 when the value was 50% less. In addition, stock market folks refer to the last decade as the "lost decade" because after all the ups and downs, people ended up just treading water.
But not Dividend Growth Investors, they did great over the last decade (they do well every decade). Everyone knows the value of compounding. Essentially, Dividend Growth Investors are going for Double Compounding. Buying stocks that pay dividends and get compounding, and then the stocks are raising their dividends.
I don't doubt that you have all good intentions and are trying to help all of us, so I am not trying to give you too hard of a time. But doesn't putting all of your IRA into one company (semantics aside you are investing in one company) involve hoping for some "luck". Why not go for a dividend stock based ETF?
I am a novice investor, but 2 things should be addressed by you if you ask me
1) Dividends are subject to change.
2) Dividends are "baked" into the stock price
Reading your posts you almost put off a "this can't go wrong" vibe. Perhaps I am reading into that too much?
I'm not anti-dividend, as I have a small amount in a dividend based ETF myself, but it just seems you poo-poo any other route of investing, no?