Originally Posted by
Vaygor1
I do not agree with you in this case OG as I am not into RYM for capital gains at all.
My average hold period is 4.3 years and I have never sold a share.
The dividend might appear small to begin with but it goes up by 15%/annum minimum every year as regular as clockwork.
Assuming I retain my current holding, my pre-tax return on investment in the next 12 months by way of dividend alone will be over 6.7% of my average weighted investment$/share.
Next year it will be over 7.7%, and the year after it will be 9%…. these numbers are divorced from the SP and market sentiment. As such I am not the slightest bit concerned about a global stock market crash.
Capital gains I guess are the cherry on the cake if for some inexplicable reason I am forced to sell. Currently sitting at 240% increase in capital worth from my weighted average investment over an average holding period of 4 years … and not a single 'trading' buy/sell cent to the brokers, and as I am not trading, entirely tax free.