more out with a partial liquidation. In other times outright total sells makes the most sense.
Yet, at the end of the day, I believe investment decisions are best made once you have run all the numbers out to their logical conclusions. To be a successful long-term investor, you have to be willing to withstand a certain amount of volatility. However, if the risk gets too large, then taking appropriate action may be the best course. But the truth is, there is no perfect one answer that fits all occasions.
In each and every situation, the best answers to the questions raised in this article are the ones that make the most sense to the individual asking them. Finally, the goal is not to be perfectly right, because that is a virtual impossibility. Instead, the more rational objective is to make sound decisions that both protect your portfolio while simultaneously allowing it to continue to perform according to your long-term objectives. This is especially important for the dividend growth investor already in retirement. For more color on dealing with stock price volatility, you might want to follow this link to my previous article.
Disclosure: Long NEE, SCG, HNZ, KMB, KO, PG, CPB, JNJ, GPC, MCD, OHI, COH, LMT, BBL, AFL, DE, EMR, FISV, NKE at the time of writing.
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.
