MO or Altria was one I looked at a few years ago. At the time, had I made the move, I would have done quite well. But I sat back and actually lost interest in it. Another I looked at was 5/3, that's how long ago I'm talkin'. But I decided that I just did not like them. At the time, I also looked at other banks, but decided that I did not like them either. Somehow, I kept thinking that banks and stockholders might not be a good mix.
When I look at a stock, I think about it almost purely on a gut level. No sophistication about me at all. I remember not buying Home Depot because I had seen Central Hardware and HQ and maybe a few others come and go. Also, I could not think about REIT's because of my untimely, arrogant dance with that
tech bubble in the 90's.
There was somebody on this board several months ago who used a little saying, "On the way up you earn. On the way down you learn." I loved that little saying. It applied to me on the tech thing. I learned. But even having done that, I have enough Cincinnati in me not to have bet the whole farm. Like I said before, it's just my little stash of butter and egg money.
And right now, I am watching to see what PG will do about the dividend. I think it has been uninterrupted since 1890 and raised annually, uninterupted, for more than 50 years. I think they will raise it. Just my gut telling me that. But they have been hammered, too, for now. In the last recession, consumer staples held its own better than so many other things. But this sure is a horse of a different color.
And now I better get out of here to go to exercise class. I told that daggone Mr. Tony when he started this forum last week that I would get way too into it and not go to exercise class and it would be all his fault. But he started the investment forum anyway.
Seeya.
Boomer