If you think we are heading into a bear market, losing less with dividend stocks is a good strategy if you want to stay allocated in equities. Take the recent investment in Chinese internet stocks as another example. Are you on track? Accounting Yield vs. But dividend stocks can be viable for diversification as you get older or as you begin to draw income from your portfolio. At Bankrate we strive to help you make smarter financial decisions. Dividend stocks that offer attractive yields and a solid history of increasing their payout continue to be the cream of the crop. I tried picking stocks a long time ago, but the more I learned about how businesses operate it became increasingly obvious I had no clue what I was doing. We maintain a firewall between our advertisers and our editorial team. By looking back through time, we can clearly see that dividend-paying stocks are the bedrock of any well-diversified portfolio. I like the post and it should get anyone to really think their plan free ea forex profitable ytc price action trader books. I do think there is something to be said about taking additional risk when you are younger, but I think proper diversification is critical. Capital gains was lower than my ordinary income tax bracket. You may also like 11 best investments in High yielding stocks and securities, such as is trading stock options profitable best settings for parabolic sar forex factory limited partnershipsREITs, and preferred shares, generally do not generate much in the way of distributions growth. Dividend Growth Fund Investor Shares. Steady returns at minimal risk. And yes you read that right.
Good to have you. All is good ether way! Portfolio Management Channel. To be completely honest, when I look at what is going on martingale strategy binary options pdf fastest way to grow a forex account the world, and the nightmare of a choice we are left with regarding the upcoming election… My gut is telling me to just hold tight for now and wait for the economy to come crashing day trade stocks reddit tradestation vix ticker then push all in! Brookfield's limited partnership units currently yield a sizable 4. Interesting article for a young investor like. My Watchlist Performance. I treated my 20s and early 30s as a time for great offense. I was resisting going down the path of highlighting the benefits of dividend investing… There are many benefits but I also agree that sticking to the conglomerates will limit the upswing of a stock unless there is a market crash recovery which young investors could benefit. In this case, history is clearly on the side of dividend stocks, which have far outpaced the broader market over the past 50 years. All it takes is a little planning, and then investors can live off their dividend payment streams. Basic Materials. But as anyone knows, time xm forex stock trading apps us your most valuable asset.
Weak economic growth, geopolitical risks and uncertainty on the domestic policy front suggest volatility could creep back into the picture in the future. Make sure to sign up on the top right corner via RSS or E-mail. While stock prices fluctuate rapidly, dividends are sticky. If you are looking for current income, high-dividend-yield ETFs are a better choice. Best Accounts. Demand falls and property prices fall at the margin. And I know myself well enough that I can not be bothered to be stressing over which stock is the next 10 bagger or not. You see, the problem with capital gains is that to actually enjoy them, you have to sell your shares. Jon, feel free to share your finances and your age. And oh yeah, you should track your net worth and take a holistic view of your overall net worth with these new proceeds. For example, stocks I own […].
It is possible to live off dividends if you do a little planning. Here are 10 tips for buying rental property. But wait you say! However, you did not account for reinvestment of dividends. Even as I am staring down the big I am leaning towards growth stocks as I have a pretty high risk tolerance and have been able to do fairly well with. Investors receive a fixed dividend and rarely get much in the way of capital gains. If you want a long and fulfilling retirement, you need more than money. This compensation may impact how and where products appear on this site, including, for example, the order in which cryptocurrency day trading scanner can i buy etf in robinhood may appear within the listing categories. My strategy was increasing value income and I gave up immediate income. Subtract all property taxes and operating costs, the net rental yield is still around 5. Charles St, Baltimore, MD By looking back through time, we can clearly see that dividend-paying stocks are the bedrock of any well-diversified portfolio.
Investing Ideas. Not sure how you plan to retire by 40 on your portfolio either. Dividend Tracking Tools. Public companies answer to shareholders. Any thoughts or advice, would be greatly appreciated! Related Articles. Sam, i would like your personal email? Dividend Yield: 7. Small investors can use ETFs to build diversified portfolios of dividend growth and high-dividend-yield stocks. Your real estate can be part of a growth strategy, if you do a exchange for a larger property. Where do you think your portfolio will be in the next years? STAG has enjoyed explosive growth since it went public in But when incorporated appropriately can be another very powerful income generating tool. You can even sort stocks with a DARS rating above a specific threshold. What is a Dividend? Sponsored Headlines.
In many ways, real estate is the prototypical long-term investment. If you follow such a net worth split, then you already have a healthy amount of assets that are paying you income. So perhaps I will always try and shoot for outsized growth in equities. It is possible to live off dividends if you do a little planning. Bankrate has answers. So small-caps are considered to have more business risk than medium and large companies. Popular Courses. Bonds: 10 Things You Need to Know. Many of the best opportunities start in a bear market or in corrections. A quick look at the top-paying dividend stocks reveals this to be the case. I kick myself for not investing 30K instead of 3K. Search Search:. What is a Div Yield?
Jon, feel free to share your finances and your age. But, at least there is a chance. All is good ether way! It has since been updated to include the most relevant information available. Total returns are derived from both capital gains and dividends. You have almost no risk at all of not receiving penny pax stocking fuck best day trading practice apps payout and your principal when the CD matures. In many ways I look at my stock investments as owning a piece of property, except the property happens to be the best property on the block. I am not. Well… age 40 is technically the midpoint between life and death! Thanks Sam… Will Do! Growth stocks generally have higher beta than mature, dividend paying stocks. All reviews are prepared by our staff. Capital gains cryptocurrency trading sites usa can i buy bitcoin via paypal lower than my ordinary income tax bracket. Coronavirus and Your Money. Pin 4. Click here to develop a visual guide to long-term wealth accumulation. Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. BDCs coinbase cheapside card trading ethereum on etoro financing to small- and middle-market companies that are too big to be served by a bank, but too small to access the stock and bond markets. The four-percent rule seeks to provide a steady stream of funds to the retiree, while also keeping an account balance that will allow funds to last many years. The main reason companies pay dividends is because management cannot find better growth opportunities within its own company to invest its retained earnings. That which you can measure, you can improve. Dividend stocks are popular among older investors because they produce a regular income, and the best stocks grow that dividend over time, so you can earn more than you would with the fixed payout of a bond, for example. What is a Dividend? While we adhere to strict editorial integritythis post may contain references to products from our partners.
Altria is also using its tobacco profits to expand into new markets, such as cannabis , to diversify its revenue streams and position itself for future growth. Wow Microsoft really leveled off when you look at it like that. When you purchase a stock, you should think of yourself as a partner in the business forever—or until you need the cash. Compare Brokers. Jason, Good to have you. When I retire, I do plan to increase my allocation of TIPS and dividend paying stocks just to support my withdrawal rate. Best, Sam. Investors and retirees alike should not forgo growth altogether in favor of yield. Dividends are used to compensate shareholders for their lack of growth. When you file for Social Security, the amount you receive may be lower. Brookfield owns a wide variety of cash-generating assets, including ports, toll roads, electricity transmission lines, railroads, natural gas pipelines, cell towers, and data centers, among others. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle. Yes your companies have less of a chance of getting crushed, but the upside is also less as well. Yet even with these highly promotional efforts by its rivals, Verizon's customer retention rates have remained strong. If you want a long and fulfilling retirement, you need more than money. Like growth stocks, investors will often pay a lot for the earnings of a small-cap stock, especially if it has the potential to grow or become a leading company someday. Dividend companies will never have explosive returns like growth stocks. Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. Do you think there is still more upside there?
In my understanding. No hedge fund billionaire gets rich investing in dividend stocks. Dividend Data. I am a recent retiree. Dividend growth has only been negative 7 times since If you buy a lot of stock funds because you have a high risk tolerance, you can expect more variability than if you buy bonds or thinkorswim events thinkorswim trying to self assign non-initialized cash in a savings account. How does xiv etf work spire stock dividend market volatility is currently very low, the CBOE VIX tells us that volatility is mean reverting, which means it tends to return to its historic average. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. There are a couple premises: 1 A growth strategy, be it in growth strategy funds, index funds, or stocks are worth the risk while you are younger and can stomach more risk. Your Money. Empower ourselves with knowledge. For VCSY, it would take 1, years to match the unicorn! Investopedia is part of the Dotdash publishing family. Related Articles. The Ascent. Best Accounts. Dow Sam, I agree with your overall assessment for younger individuals. Now of course the dividend stocks should also grow in a growing market, but so should growth stocks so we can effectively cancel the two. The following link also reveals a coinbase get tax transcript buy bitcoin on stock market of companies that have increased their yields for ten consecutive years. Those are some really helpful charts to visualize your points. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle.
I would rather have my stock split and grow vs. Each company is expanding into different markets or experimenting with different technology. Problem is that tends to go hand in hand with striking. Click here to develop a visual guide to long-term wealth accumulation. Best Accounts. Day trading bitcoin futures frex company editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Thank you so much for posting this!!!! Advertisement - Article continues. Please enter a valid email address. Again, congrats on the success, keep it up. Importantly, all have a long history of taking care of their shareholders with consistent monthly dividend checks. Intro to Dividend Stocks. Total Return: What's the Difference? Investment funds charge que es brokerage account en español amn healthcare stock dividend how much you have invested with them, but funds in robo accounts typically cost around 0. Most withdrawal methods call for a combination of spending interest income from bonds and selling shares to cover the rest. Or do you mean dividend stocks tend to be affected more? But well-run companies can do very well for investors, especially if they can continue growing and gaining scale. STAG acquires single-tenant properties in the industrial and light manufacturing space.
All it takes is a little planning, and then investors can live off their dividend payment streams. Here are 10 tips for buying rental property. You see, the problem with capital gains is that to actually enjoy them, you have to sell your shares. Dividend Aristocrats can be a start but they tend to be really large with slower growth. The same thing will happen to your dividend stocks, but in a much swifter fashion. Furthermore, achieving sufficient diversification is even more challenging for small investors. Microsoft recognized that its Windows platform was saturated given it had a monopoly. Even for your hail mary. Portfolio Management Channel. But MAIN also pays semi-annual special dividends tied to its profitability. Small-cap stocks are often also high-growth stocks, but not always. Yeah, I really want to follow your advice. And that MCD performance is before reinvested dividends. Tesla vs. All is good ether way! Hopefully the FS community here has gone beyond the core fundamental of aggressive savings in order to achieve financial independence. Register Here. In investing, to get a higher return, you generally have to take on more risk. When you purchase a stock, you should think of yourself as a partner in the business forever—or until you need the cash.
I really do hope you prove me wrong in years and get big portfolio return. Most of that jump was based upon the faithful adherents of the great Prophet Elon, not profit margins, revenue growth, or production efficiency. Thank you very much for this article. Only since about has Microsoft started performing. Steady returns at minimal risk. But forever, or even 30 years, is way out on the dim free stock trades app binbot pro affiliate. Where else is your capital invested is another important matter does scottrade offer forex trading in mombasa the k. Eventually you will hit a wall. Glad i found this post. So if rates rise, so should the interest income that EVV receives from its bank loan investments. Public companies answer to shareholders. Tweet 1. Wow Microsoft really leveled off when you look at it like. Forex mt4 trade manager accounting example want to be perceived as poor to the government and outside world as possible. Do you think there is still more upside there? By looking back through time, we can clearly see that dividend-paying stocks are the bedrock of any well-diversified portfolio. I understand your frustration with people who blindly follow and will not listen to reason.
Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional. Leave a Reply Cancel reply Your email address will not be published. In addition to their regular common stock, REITs often fund their expansion projects with debt and with preferred stock. Personal Finance. Have you ever wished for the safety of bonds, but the return potential You make sense, but the stock market is still nothing but a casino with better odds. Lighter Side. Chipotle sells burritos and tacos made with organic pork and chicken and ingredients sourced no more than miles away from each restaurant. They generally plow all their profits back into the business, so they rarely pay out a dividend, at least not until their growth slows. We are an independent, advertising-supported comparison service. One way you can actually lower your risk is by committing to holding your investments longer. When interest rates rise, it puts downward pressure on all stocks — not just dividend stocks. Dividend Funds. Investors who want to generate a higher return will need to take on higher risk. The return on a bond or bond fund is typically much less than it would be on a stock fund, perhaps 4 to 5 percent annually but less on government bonds.
Again, you sound like you have a very donce cierro sesion en thinkorswim download stock price market data commitment level, which I believe will lead you to great things. Once you are comfortable, then deploy money bit by bit. Click here to explore all the companies that best managed forex funds mtf indicators forex tsd increased their dividends for more than 25 consecutive years. BDCs provide financing to small- and middle-market companies that are too big to be served by a bank, but too small to access the stock and bond markets. In the world of stock investing, growth stocks are the Ferraris. Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Dividend stocks are beloved by value investors because they provide both reliability and growth over long periods of rbc cryptocurrency exchange where can you buy ripple cryptocurrency. Boeing BA stocks to buy mutual funds stocks investing bonds dividend stocks growth stocks. Best Lists. While I agree with your post in theory; the practical challenge is in finding these growth stocks. Thanks for the perspective. Monthly Dividend Stocks. You have to have specialized knowledge to successfully invest in these sorts of properties, and very few managers have it. Its best-in-class wireless network helps to form a competitive moat around its business. Real Estate. Overall, I agree with the point of view of the article. But if you never get up and swing, you will never hit a homerun. Feel free to write a post forex torrent maestro robot prove me wrong! But if you miss a bond payment… well, at that point you are in default, and your creditors start circling like vultures. Join Stock Advisor.
Search on Dividend. Where do you think your portfolio will be in the next years? Many of the best opportunities start in a bear market or in corrections. So if rates rise, so should the interest income that EVV receives from its bank loan investments. While I agree with your post in theory; the practical challenge is in finding these growth stocks. STAG has enjoyed explosive growth since it went public in While we adhere to strict editorial integrity , this post may contain references to products from our partners. Related Terms Four Percent Rule The Four Percent Rule is one way for retirees to determine the amount of money they should withdraw from a retirement account each year. I had the dividends reinvested. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. More than a third of its portfolio is invested in bank loans, which generally have floating rates. A smart strategy for people who are still saving for retirement is to use those dividends to buy more shares of stock in firms. By using Investopedia, you accept our. Take the recent investment in Chinese internet stocks as another example. Safeway, by contrast, has 1, stores. Our experts have been helping you master your money for over four decades. Thanks Sam… Will Do! You can set up a long-term plan and then put it mostly on autopilot.
I am a recent retiree. I wrote that there will be capital gains of course, but not at the rate of growth stocks. Chipotle sells burritos and tacos made with organic pork and chicken and ingredients sourced no more than miles away from each restaurant. Rule No. Are you on track? How to Manage My Where to exchange ethereum to usd buying pc with bitcoin. Follow Tier1Investor. Meanwhile, the equal-weighted index saw gains of 7. Related Articles. The Tesla vs T is just an example. Yet even with these highly promotional efforts by its rivals, Verizon's customer retention rates have remained strong. I guess he could leave the country and live in Thailand or eat ramen noodles everyday with nobody to support. There are some great examples. More from InvestorPlace. Personal Finance. The current yield is an attractive 4.
The prices of driving ranges or movie theaters are not tightly correlated to those of apartments or office buildings. It was partially a tax strategy and wealth building strategy. The best thing that ever happened to BDCs was the collapse of the banking sector in This is a great post, thanks for sharing, really detailed and concise. James K. There are a couple premises: 1 A growth strategy, be it in growth strategy funds, index funds, or stocks are worth the risk while you are younger and can stomach more risk. The Ascent. Jason, Good to have you. In the last couple of weeks, we have seen craziness which no one of us has ever experienced. Strategists Channel. The stock returned I would rather have my stock split and grow vs. MAIN makes both equity and debt investments in the companies in its portfolio, and most of its investments are in the fast-growing Sunbelt region of the country. Good to have you. Historical chart of Microsoft. Visa and MasterCard out preformed all but Tesla.
Like high-growth stocks, small-cap stocks tend to be riskier. The ups and downs of Wall Street are a blessing for skilled investors. Life Insurance and Annuities. Advertisement - Article continues. If you want a long and fulfilling retirement, you need more than money. Leave a Reply Cancel reply Your email address will not be published. Our experts have been helping you master your money for over four decades. Investing for the long term is one of the best ways to build wealth over time. The four-percent rule seeks to provide a steady stream of funds to the retiree, while also keeping an account balance that will allow funds to best blockchain penny stocks 2020 brokers with free etf trades many years. Im not saying dividend investing is bad, on the contrary.
In the interests of full disclosure, I own some shares of Realty Income that I bought nearly a decade ago and that I never intend to sell. Real Estate. My k was also shackled by a limited selection of funds and no growth stocks to specifically pick. These assets typically generate strong recurring cash flow for their owners, which can then be harvested or reinvested at often attractive rates of return. For someone in the age group. But if you never get up and swing, you will never hit a homerun. What I take from the post is to really assess your diversification for your age and see if you can have a hail mary in your portfolio. I want to be perceived as poor to the government and outside world as possible. Bonds pay income with no little to no chance for capital appreciation whereas your real estate pays income and has likely capital appreciation. Most professional investors understand the benefit that faithful increasing dividends offer. MAIN makes both equity and debt investments in the companies in its portfolio, and most of its investments are in the fast-growing Sunbelt region of the country. Sam Bourgi. Only since about has Microsoft started performing again. Compounding Returns Calculator. Small-cap stocks are often also high-growth stocks, but not always.
While most portfolio withdrawal methods involve combining asset sales with interest income from bonds, there is another way to hit that critical four-percent rule. Even for your hail what cryptocurrency exchanges allow you short the market waves decentralized exchange waves decentra. Investment funds charge by how much you have invested with them, but funds in robo accounts typically cost around 0. More from InvestorPlace. If you plan to hold on to them for a long time, you can allocate a portion of your investing exposure to TIPs. So if you purchased a fund based on the automotive industry, it may have a lot of exposure to oil prices. Or you can do a little of everything, diversifying so that you have a portfolio that tends to do well in almost any investment environment. Sign up for the private Financial Samurai newsletter! By using Investopedia, you accept. Dividend payers generally saw annual returns of 9. With an excellent balance sheet and only stores worldwide, Whole Foods has a great runway for growth as food that is organic, fresh and local goes mainstream. Helps highlight the case. Thats really my best midcap pharma stocks in india explosive penny stocks may 2020 spot. Dividend Investing Practice Management Channel.
It can be hard to find the right stocks for dividends. Yes your companies have less of a chance of getting crushed, but the upside is also less as well. Can you withstand a higher level of risk to get a higher return? Brookfield's limited partnership units currently yield a sizable 4. I had the dividends reinvested. The main reason companies pay dividends is because management cannot find better growth opportunities within its own company to invest its retained earnings. Dividend Irrelevance Theory The dividend irrelevance theory states that investors are not concerned with a company's dividend policy. That being said, I recently inherited about k and was looking to invest it. Because a fund might own hundreds of bond types, across many different issuers, it diversifies its holdings and lessens the impact on the portfolio of any one bond defaulting. My strategy was increasing value income and I gave up immediate income. Best Dividend Capture Stocks. BDCs provide financing to small- and middle-market companies that are too big to be served by a bank, but too small to access the stock and bond markets. What do you advise in terms of TIPS since inflation is inevitable with the flow of money in the economy? Government issuers, especially the federal government, are considered quite safe, while the riskiness of corporate issuers can range from slightly less so to much more risky. I have to imagine that for most investors their overall stock returns will be greater sticking with dividend stocks than chasing those elusive multi-baggers. Comments Thank you very much for this article. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered It takes a good bit of money to get started, the commissions are quite high, and the returns often come from holding an asset for a long time and rarely over just a few years.
Advertisement - Article continues. Investors and retirees alike should not forgo growth altogether in favor of yield. Again, you sound like you have a very high commitment level, which I believe will lead you to great things. But wait you say! One way you can actually lower your risk is by committing to holding your investments longer. Eventually we will all probably lose the desire to take on risk. Municipal Bonds Channel. I think it beats bonds import excel into ts ameritrade watchlist amazoin stock shares dividends down, but the allocations may need to be tweaked. Bonds are considered relatively safe, relative to stocks, but not all issuers are the. Sure, small caps outperform large… but you can find the best of both worlds. Dividends paid in a Roth IRA are not subject to income tax. Edison was a better businessman than Tesla, even if Tesla was arguably more of a scientific genius than Edison. How to Retire. I treat my real estate, CDs, and bonds as my dividend portfolio. The same thing will happen to your dividend stocks, but in a much swifter fashion. If you want all stocks all etrade stock market price gpm stock dividend payout time, you can go that route. Rather than pay a finviz for lse monte carlo simulation after a backtest regular dividend that is topped up with periodic special dividends, Prospect pays out substantially all of its earnings in its regular monthly dividend.
I like to stick to the Warren Buffett investing methodology. But the first step is learning to think long term, and avoiding obsessively following the markets daily ups and downs. Dividend Stock and Industry Research. So perhaps I will always try and shoot for outsized growth in equities. Lighter Side. Dividend payers generally saw annual returns of 9. Dividend Strategy. Here are three outstanding dividend stocks that offer a rare wealth-building combination of low risk, attractive yields, and intriguing growth potential. Augmenting your retirement account gains with a stream of dividend income can be a good way to smooth retirement income. Where do you think your portfolio will be in the next years? Hopefully the FS community here has gone beyond the core fundamental of aggressive savings in order to achieve financial independence. BUT, it is a good time for us to prepare for future opportunities. Sam Bourgi. In the interests of full disclosure, I own some shares of Realty Income that I bought nearly a decade ago and that I never intend to sell. Your cost for the service? Image source: Getty Images. Follow Tier1Investor. The problem now is that the private equity market is richly […]. If you are reaching retirement age, there is a good chance that you
It always amazes me that a so-so public company can trade at 15 times earnings and people will sink a ton of cash into a single stock I understand the whole liquidity aspect …but small profitable good companies can be purchased for 4. Use my choices as a starting point for your own research, and happy long-term hunting. High Yield Stocks. But, at least there is a chance. Dedicate some money for your hail mary. I like making money in the stock market, but I love dividends. Also thailand is not a third world country. The company is growing like crazy. Cheapest way to trade bitcoin how to buy bitcoin low and sell high a result, you see larger swings in price movement and a greater chance at losing money. Publicly traded companies are always looking to increase reported earnings to appease shareholders. The big appeal of a dividend stock is the payout, and some of the top companies pay 2 or 3 percent annually, sometimes. Dividend stocks are also much easier for non-financial bloggers to write. Tesla vs. Dow Follow Tier1Investor.
In this case, history is clearly on the side of dividend stocks, which have far outpaced the broader market over the past 50 years. That being said, I recently inherited about k and was looking to invest it. Expect Lower Social Security Benefits. Obviously you are pro dividend stocks because of your site and I have much respect for Jack Bogle of Vanguard and what he says. Government issuers, especially the federal government, are considered quite safe, while the riskiness of corporate issuers can range from slightly less so to much more risky. Well… age 40 is technically the midpoint between life and death! So you can use time as a huge ally in your investing. I would rather have my stock split and grow vs. This created a vacuum that BDCs were more than happy to fill. Dividend Payout Changes. This is why you cannot blatantly buy and hold forever. This problem with this is that most of our expenses tend to be monthly, so when you depend on dividends to pay your bills, there is always something of a disconnect between your income and your expenses. More from InvestorPlace. You take care of your investments. Importantly, all have a long history of taking care of their shareholders with consistent monthly dividend checks. Interested in building a dividend portfolio? Again, perfect for risk averse people in later stages of their lives.
That way, they will receive even more dividends and be able to buy even more shares. Even during periods of volatility, many companies are able to grow their earnings and those that issue dividends are more likely to boost their payouts. Meanwhile, the equal-weighted index saw gains of 7. Although cigarette smoking rates have declined steadily for decades, Altria has been able to increase its profits by raising prices and cutting costs. They may even get slaughtered depending on what you invest in. Compare Accounts. Further, you must ask yourself whether such yields are worth the investment risk. My dividend income is more than my expenses, but only because I have earned a lot of money during the past 10 years with my business. Eventually you will hit a wall. That made my day! I dont want to advocate in any one direction but I think there are a couple things to keep in mind regarding all this growth vs. Anyone else do something like this?