The holy grail of investing is where you buy a share that pays a dividend and when the share price doubles or the TR doubles you withdraw your capital and re-invest in another share that pays a dividend.

You then have a share in your snowball that pays income at a cost of zero, zilch, nothing and a new position that also pays income, where you hope to do the same again.

I’ve used the Dividend Hero portfolio as it can’t be said that the information is cherry picking. Of course you could have been unlucky and bought the wrong shares but there are some familiar names in the top ten holdings.

I’ve picked a random date for all the shares so you could have possibly traded some of them with a better entry price.

From the current list MUT might be of interest with the new management team who have a solid history of income investing. DYOR.

For most of the others it might be worth waiting for a black swan event, remembering that news driven retraces often don’t last long, whereas a recession driven reversal lasts on average around ten months.

One reason to invest, bull markets last longer than bear markets.