Quote:
Originally Posted by rjm1cc
I think dividend paying is a good way to go. However as the amount of the dividend increases the risk increases so stick with good companies and investments you understand.
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Good morning, rjm1cc,
That's classic investment advice that can so often get lost in the razzle-dazzle of the spiels and the spins out there, everywhere. Warren Buffett agrees. "Understand what you own," says he.
I have shamelessly confessed here on TOTV, in the past, more than once, about that bubble-dancing I did back in the 90's. I learned. The only credit I can give myself after that one is that I did not bet the whole farm, just the butter and egg money. But I sure did learn. Experience is the best teacher. That's for sure. But I was young (sigh) and still highly employable.
Quote:
Originally Posted by l2ridehd
I to like dividend stocks. There is a pretty good news letter on the subject called "The Dividend Machine" Some of their recommendations include:
Johnson & Johnson JNJ
Altria MO
Coca-Cola KO
Abbott Laboratories ABT
Philip Morris Intl. PM
Wal-Mart Stores WMT
Automatic Data Processing ADP
McDonald’s MCD
Lockheed Martin LMT
Berkshire Hathaway BRK.B
Kraft KFT
Microsoft MSFT
Intel Corp INTC
Visa, Inc V
Bristol-Myers Squibb* BMY
Cisco Systems CSCO
I own 5 of these stocks and all have made very positive capital gains and provided a decent dividend.
I just bought Cisco which should provides an excellent growth plus a small dividend. And where do you find any company sitting on 40 billion in cash. That alone equals $7 in every share value.
Also be interested in an investment club focused on dividend stocks.
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Hi l2,
I own two on that list. Although I have been doing the old approach/avoidance routine with MO for a long, long time. That dividend is tempting. I am still mad at myself for missing MCD at its low.
I actually woke up long enough to take a little profit on a couple of utilities recently.
Euphemistically speaking, I have to think we could be nearing some (ahem) buying opportunities. There are some things that I like that are too close to those 52-week highs right now to suit me.
I wish I had some BRK -- 'A' would be really nice. Then I could go to the meetings. (sigh)
Warren Buffett once said to his shareholders, "Lethargy bordering on sloth remains the cornerstone of our investment style." -- I can relate to that.
Three-toed Boomer