By Chuck Carnevale:
Introduction
“I think the market is overvalued now,” is a common refrain that I’m hearing from most of the individual investors I have recently been coming in contact with. Consequently, many of these same investors are also currently eschewing investing in common stocks because of that fear. Although I do not agree that the market is currently overvalued, I believe I understand why so many people think it is. Individual investors currently believe the market is overvalued because of two common fallacies that at first blush appear to be logical.
This is the first of what will be a sequence of 10 subsequent articles designed to show how retirees, or pre-retirees, can construct dividend growth portfolios comprised of high quality blue-chip stocks all purchased at fair value, in spite of what many believe to be an overvalued market. I do not believe that investors should be denied the opportunity to