
"Rick Stooker is on the right track. We also intend to pursue a more income-oriented strategy in the years to come. Capital gains are subject to both the risk of a decline in economic fundamentals and a deterioration in market psychology. High-quality dividends and income are subject only to the former, and that makes a big difference in modeling your portfolio returns in retirement."
Charles Lewis Sizemore, CFA
Senior Analyst, HS Dent Investment Management, LLC
http://www.hsdent.com/
Rick Stooker
P.S. If you don't invest for income, you're investing for capital gains. That is, you hope you will sell your portfolio for a higher price than you bought it for. This puts your financial future at the mercy of the market and everything that affects it, including politicians (will the Bush tax cuts be allowed to expire?), terrorists (will they succeed in attacking again?), dishonest business people (are they hiding more accounting fraud such as Enron or the recent subprime mortgage scandal?), and baby boomers (will they sell off their stocks when they retire?).
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Copyright 2008 by Richard Stooker and Gold Egg Investing LLC. All rights reserved.
130G Ballwin Manor Dr
Ballwin, MO 63011
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