The price anchoring is not helping us as dividend growth investing. The only thing you need to know is, am I paying now 3% and can it grow 6% on average in the next 10 years? And that's how your passive income grows. So share price is actually irrelevant. Of course, the yield is a result of price, but you wouldn't need to look at the price. You need to look more at the ratios as the dividend's safe. That's the only other question you need to ask"
In today's episode, we will discuss why averaging up is so hard for us and how we try to mitigate this so that we don't fall victim to this psychology.
Besides that, we will be sharing our news of the week, lots of dividend hikes, and a portfolio review and we will answer several of your questions.
Thanks for listening and we hope that you enjoy today's dividend talk episode đ
Google Tickers mentioned in today's show:
- News of the week: $AMS:AD, $EPA:SU
- Dividend Hikes: $SWX:NESN, $AMS:NN, $LON:RELX, $EPA:TEP, $AMS:VPK, $KO, $SWH, $AMS:HEIA, $O, $FIS