Hi Stephen,
Many thanks for your comment.
I agree with almosr everything you say, and plead guilty to strainng after inapprpriately theoretical accuracy.
But what if an ideologically committed HYPer were to invest three grand (instead of two and a half}, to look fof five or six percent (instead of four}, and/or to add a bob or two to his dividend payments when he buys each month in accordance, of course, with established TDL principles?
I can’t see them coming to serious grief, in fact this is probably the most sensible thing they can do with any spare cash they may happen to have.