EPISODE · Sep 16, 2022 · 25 MIN
You Don't Need A "Winner" To 10x Your Income
from The Dividend Mailbox® · host Greg Denewiler
More on dividend growth investing -> Join our newsletter!For most investors, if their portfolio went up by X amount in Y years, they'd be satisfied. Yet simultaneously, those same investors secretly hope they bought the next big thing, waiting for the stock's price to grow 10x. In truth, 10x-ing a stock price is challenging. It requires resources, unique ideas, and a willingness to go above and beyond fellow market participants. To the average investor, expecting every investment to go up tenfold might be wishful thinking. But what about growing your portfolio income 10x? Now that is much more attainable... In this month's episode, Greg examines 3M, a company that has been in our portfolio for over a decade. Although the company's stock has recently seen a decline, he makes the case that it is much easier to 10x a stock's income than it is to 10x a stock's price — all it takes is a mindset. Later, he explores if there is any value in market predictions and forecasts. Send us Fan Mail________ Resources:📅 Schedule a meeting: Financial Planning & Portfolio Management 📊 Getting into the weeds: DCM Investment Reports & Models ________If you found this valuable, subscribing and leaving a review helps more investors find the show.Instagram | Facebook | LinkedIn | X________ Disclaimer: Past performance does not guarantee future results. Every investor should consider whether an investment strategy is right for them and all the risks involved. Stocks, including dividend stocks, are volatile and can lose money. Denewiler Capital Management may or may not have positions in the publicly traded companies mentioned herein.
What this episode covers
More on dividend growth investing -> Join our newsletter! For most investors, if their portfolio went up by X amount in Y years, they'd be satisfied. Yet simultaneously, those same investors secretly hope they bought the next big thing, waiting for the stock's price to grow 10x. In truth, 10x-ing a stock price is challenging. It requires resources, unique ideas, and a willingness to go above and beyond fellow market participants. To the average investor, expecting every investment...
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You Don't Need A "Winner" To 10x Your Income
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