Well isnt that an issue? Most income funds must forecast capital gains. Not much point in getting 6% dividend per year…SP suddenly falls 80% (like in 2008 to many) and dividend slashed to zero for a decade.
Great if its worked out for you… But capital growth is a primary search to credible income funds. They wont invest if they don’t see capital growth potential. At the very minimum, during the loading process. And hope price stays above capital input for a few div years.
Not saying your approach is incorrect. But if I was investing in an income fund and they said 'we have no regard for your capital. Just stated div returns…I’d chance Woodford lol.
The best investor I ever knew said this to me :
Perfection is :
“A trader with investor skills. And an investor with trading skills”
I agree. Perfection is probably a hybrid today.
However I won’t argue the point. Many people like to call themselves investors as it sounds better in the local eatery . I’ve personally no issues calling a spade a spade.
No. It’s not investing. Your trading your cash . The company ‘invests’. Not you. You just hope they get it right so your trade profits from their investment decisions.