Stuart ---
Taken straight off Thomas Partners website....
"We are distinguished by our disciplined commitment to the value-driving characteristics of dividends; a commitment to the goal of delivering rising portfolio income streams, without sacrifice of capital gain potential."
Here's my issue.... not with them in particular... just with "needing" someone that does what they do.
The above statement has been repeated by me a million times. In other words TOTAL RETURN -- that is Growth WITH a Dividend stream. Dividends protect on the downside -- create income and compounding - and "the market" will provide - over time - capital appreciation. I just don't need help finding 20 names that will do that for me. It just isn't rocket science... and these kinds of "pros" typically put people in lower dividend investments -- known as Little old blue haired lady" stocks.... Kimberly Clarke -- Johnson and Johnson - 3M - IBM. Now if I'm collecting 3% and they're taking .75% off the top... that REALLY REALLY affects your compounding -- and does someone really need to pay a third of what they're making (on the dividend) to pick these names?? I don't think so.
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