Mike4 wrote:moorfield wrote:Just a thought experiment, would it make you a better or worse HYP practitioner?
After all, everyone here well knows the basics, right?
(or is reminder needed...)
Yes please, reminder needed as I don't know the basics.
From what I can remember of what I read in the early days of TMF, I find myself torn. I like the philosophy of Warren Buffett who basically says he buys quality companies and holds them for ever. This seems to run counter to the HYP idea of chasing dividends and re-balancing from time to time regardless of other considerations.
Do I have the wrong end of the stick? Or the wrong stick, even?
I am inclined to do that but definitely with an income bias. There is more to investing and indeed to this site than HYP investing.
Dod