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This topic comes up now & then, here and elsewhere along the lines of it is too late to invest in these as the price is so high already and there can't be much more growth.

Firstly, it matters not if the intention is an investment for dividend returns

Secondly, the opposite is true if you look at the history of the “quality companies with good dividend yields”  such as the ones selected by Skate

I was fortunate way back in time (late 80’s early 90’s) to be heavily influenced by my broker (and good friend) who hammered home his views on having 2 compartments in the brain, one for short term trading and the other for long term investment.

I have discussed the details of some of my early long term investments in a previous exchange with [USER=52375]@Value Hunter[/USER] in this post. In those days there were not the number of companies on the ASX so selecting the likely growth stocks was a little easier, and there were far fewer new listings to assess. The difficulty was doing all the research on paper but a friendly broker was an advantage.

So I agree with Skate that anytime is a good time to invest in quality companies for his objectives. In time as the companies (likely) further grow the businesses the return on the (original) investment will increases.

 

hhmm, pity, I have 3 of these and the other bank so would have liked to see [USER=2975]@ducati916[/USER] 's assessments.

There is obviously a lesson  an interesting topic  for the younger of us here that there are opportunities to set yourself up thinking about the long term/later years in life.

Take it from me, the later years seem to come very quickly and unannounced.