Bob Loukas
Bob Loukas

@BobLoukas

3 Tweets 12 reads Feb 27, 2023
When you're looking to buy Dividend stocks for the long term, don't fall into the highest yield trap.
Those stocks are generally high debt or low growth, flat over decades. Verizon good example.
Buy multi-decade, culture engrained growth. True brands. Generally pay less % yield, but you want charts that mostly go up over decades.
Reinvested dividends, some DCA, but BUY a lot more on sizable drops, and sell OTM call options after long extended/stretched runs.
Yes, not so sexy and takes TIME.
But before you know it, that time will come! And the compounding effects are really surprising.

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