A Portfolio Built To Last

I built a portfolio of companies that, while they may not win any sprints, should do well in a longer race – one lasting, say, five, 10 or 20 years. I don’t know if Strategy Lab will be around that long, but I intend to be, and these companies – all of which I also own in my personal portfolio – should be, too.

In fact, a decade or two from now I would expect that most, if not all, of them will be trading at higher prices, earning more money and paying substantially bigger dividends than they are today. That, after all, is the core of the dividend growth strategy. It’s a get-rich-slowly scheme that rewards patience and commitment. By focusing on the long term, I’m also much better able to deal with the short-term volatility that inevitably rears its head.

Source: Globe and Mail

Related Articles:
- 7 High Yielders With A Low Free Cash Flow Payout
- Wealth is a Journey, Dividend Stocks Can Take You There
- 5 Higher-Yielding, Income Growing Tech Stocks
- Warning Signs of an Imminent Dividend Cut
- 7 Higher-Yielding Consumer Stocks To Build Your Yield