Originally Posted by
percy
Well I guess investing in "the market" is all about objectives and targets.
My objective and target has been to increase my capital base,which I have done.
The next objective was for that increased capital to be invested in dividend paying companies to provide me with a good income,which it is doing. Those companies have the capacity to keep increasing their dividends.
So where am I should the market fall 15% to 20%?.Well to be honest I am sitting back enjoying the fat dividends,and am "well positioned" for when the market goes chasing those high dividend paying companies.
While I am still working, those increasing dividends are being recycled into either undervalued dividend payers,or my "fun" portfolio of small cap Aussie.
I did take some of my profits off the table a few weeks ago, as I was fully invested,and thought a bit of cash would give me the fire power to buy any "bargains" the market may offer me.