Quote:
Originally Posted by l2ridehd
I have been a buyer and seller of AT&T for many years. I buy in the low range and sell in it’s high range. $30 to $37. And collect the dividend while owning. Solid company, great return, pretty safe. There are others that follow this same pattern. I count this as a “bond” in my asset allocation because of it’s return. It actually behaves much like a bond. As long as your overall investment plan is based on diversity, AT&T is a good addition to most portfolio,s.
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Excellent comment regarding consideration of allocation as a bond, creative thinking and does make sense. I suspect once the ship is righted, may not transition south of 30, time will tell. Very interesting day today, up 1.65%.