absolutezero wrote:Dod101 wrote:BT63 wrote:Aminatidi wrote:Something like that.
Offense wins games... defense wins championships etc.
I think your portfolio will outperform absolutezero's over the next 2 - 5 years
Yes but the question is outperform in what way? Income or total return? It is not that difficult to produce a decent income, but to produce a sustainable income and one where the income is not killing much chance of capital gain is more difficult. See HFEL in particular but also of course the much espoused City of London and quite a number of high yielding shares (the ones that moorfield appears to be going for) I am not saying he is wrong; it sounds like a good plan and not altogether unlike what I do, but as I have got older I appreciate total return much more these days.
Dod
£s are fungible. A £ is a £ is a £. So only total return matters if we are doing any kind of comparison.
See also 'dividends are only giving back some of your own money'.
I am aware of that but I I think it is still worth asking because of course moorfield was discussing income in particular.
Dod