No mention of risk though. Yes the growth in the companies mentioned are attractive but there’s a bit of cherry picking in terms of the chosen decade used for calculations. Pretty sure if you started investing in TLS or NAB when they were young companies, the dividend growth would be equally huge. By definition once a company that’s limited to staying within the nations borders reaches a certain size, growth is dampened even though the company is doing well.
I totally disagree with this guy, he did not put the franking credit on the NAB and TLS, ALU was 70 cents 10 years ago, if he put his house on it at that time, he should be billionaire to day, so as PME, only if he knew then.
He did choose 2 of the best growth companies vs 2 mediocre income company. If he had chosen cba/wesfarmer we might have a meaningful comparison. Also missing from the analysis is that the cba/nab/tls dividend could have been reinvested
Regardless of whether you're a wise person, it's best to consult a professional advisor right away. As a business owner in the service industry as well as an eBay reseller of all product categories, I can attest to the fact that we are in a severe recession and that everyone is running out of money.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
