Quote:
Originally Posted by triflex
I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.
Banks pay almost nothing for your dollar deposit. Where is anyone supposed to get yield these days?
Maybe the dollar is close to worthless as it is because it pays nothing as a deposit. Seems to me just better off finding high quality equities. Berkshire Hathaway is the most stable amongst the high quality equities per Value Line.
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I regularly tease with a long time friend. I am looking for stocks with NO RISK that pay a GOOD DIVIDEND and are GUARANTEED TO ONLY GO UP.
As far as a good yield. The CPI consumer price index is now 7.5%. We have to pay that with after tax dollars. To simply stay where you are, as I view it you need to take YOUR top tax bracket and add it to the cpi to tread water. Thus 7.5 plus say 30%, your top tax bracket, is 9.75 to be even. NO RISK? The treasury 10 year bond is paying, last time I looked roughly 1.9%. TAX, I find that interesting. The treasuries are debt of the Federal government. The interest is free of State and Local tax. I find that amusing. The Fed still takes their pound of flesh. Free of State tax does not matter in Florida with no state tax.
In New York with a 6% state tax and a 3% city tax it has more appeal.