After much research I buy only the best Dividend Aristocrats and reinvest all dividends. My goal is to hold for life, never touching the principle, never worrying about market crashes, and have an income that will grow forever even after I retire. I keep it simple and boring, and I ignore virtually all advice from people who call themselves chief investment officers.
http://www.wsj.com/articles/investing-for-2016-in-an-expensive-market-1451516834
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