CRM - Growth Almost No Dividends 2 Years Later
2024-05-02 07:40:26 ET
Summary
- In May and June 2022, I started a journey into growth investing in a taxable account.
- It required buying quality companies at a good price.
- This is expected to be a long-term buy-and-hold investment.
- Though it was void of dividends at the start, as you will see, a few are trickling in.
This article is an outgrowth of my own research on how your taxes reduce the money you have in retirement to spend. Those taxes come from many directions while you are working and then when you are retired. Most people accept them as a necessary evil to increase their net worth and accumulate a retirement nest egg. In August 2022, I wrote " Dividends Aren't For Taxable Accounts, " which was part 1 in this journey. Now two years from the inception of this account we can see which stocks are doing the heavy lifting in producing a total return of 53% in two years while the market did about half of that....
Growth, Almost No Dividends, 2 Years Later