Rafael Raber had a strategy in the past to sell every time a stock when it was 15% up. He started a dividend growth investing several years ago, but he's now actually asking us for advice. Is it wrong to sell a stock which is up 15% or more to collect additional dividend income on the 15% return? What about his opinion on that one? I've had something similar, but then I've made that mistake before and sold some quality companies and bought other companies like War Green's because the yield was higher. You tend to find out over time that the companies that are gone up 15% will probably go up another 15%.
In today's show we are discussing some high-quality dividend growth stocks we would like to focus on during a recession. These kind of topics are in our minds right now as it feels like we'll be longer for lower. On the other hand, some of those high quality dividend growth stocks have yet to come significantly down to lower multiples. Hence, it might not be easy and our chances might be limited. That's why doing your homework upfront is so important!
Having said that, we hope you enjoy your episode and see you on the inside!
Links referenced in the show: