Our 3-Part Strategy for 20%+ Dividend Growth in 2023
January 31, 2023 at 05:00 AM EST
If 2022 taught us anything, it’s that we need to swing our portfolios away from this: We’re Fading “Cardiac” Share-Price Action Like This … That’s the chart of “America’s ticker”—the SPDR S&P 500 ETF Trust (SPY)— last year. I call SPY “America’s ticker” because it’s by far the most popular way to track the S&P 500. But its popularity does not translate into safety. Just holding this simple index fund last year meant taking a 20% haircut—with plenty of heart palpitations along the way! That’s why we want to shift our portfolio returns toward the smooth and steady growth of dividends: … And Toward the Serene Upward Drift of Dividend Growth That’s more like it!… Read more