I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 17 years and at the most I had a fun time in each venture.
I began seriously investing for dividend income around 2007 ...
more I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 17 years and at the most I had a fun time in each venture.
I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.
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Hi John,
I couldn't agree with you more regarding the future of the pollution control industry. One of the things that attracts me the most about this sector is that each of these companies produce a necessary product that has to be replaced. The key ingredients to a long lasting successful business.
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Personally, I don't see a threat to any of the major pizza plays I mentioned. While newer trendy, build your own pie, establishments are making some waves their overall sales combined are still minuscule compared to YUM, DPZ or PZZA. I don't see any of those new establishments as a threat for the foreseeable future. Let's see where the industry lay in five to ten years.
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