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Not trying to speak for Keith, but based on his previous comments here over time, I'd say that'd be about right. Everyone has their own criteria for investments, and when a possible investment fits the criteria, then yes perhaps it's time to buy. Not going to guess what Keith is doing now...

CRC, as Jingo said - Keith isn't claiming that this can all be done right now in the current market. It's just what he did over the first few years of his investing life which in turn allowed him to develop a passive income and in turn 'retire'. No, right now you can't get dividends higher...