No. of Recommendations: 1
There are so very few companies that are still around after 40 years, I just cannot imagine restricting my investment choices that much. After all, many companies get acquired, often at quite nice premiums....Would you really drop something like this from consideration? Not me.

no, i would not automatically discard a high growth dividend payer just because of a short history...

however, i do want a good portion of my portfolio to be stable, long term buy and hold companies....at this time in my life my focus is on my career...i do not have the time or energy to constantly monitor the market, and constantly research new opportunities...and i have a personal life to maintain and enjoy.

i identify the growth and stability of a company, if it has a history of 40 years of dividend growth so much the better....time compounding is an easy way to achieve sucess in the market (the approximate compounded return on my father's rather mediocre stock POM over 40 years is 63% a year over initial investment, and he has done nothing but ignore it over that time....given the time i have to invest, research, and learn, long term total return growth seems a good place for "easy money" without the sweat, tears, and angst of daily gyrations of the market...this will give me "time" to overcome all my mistakes that i will be making on the short term selections. :)
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