Right now I have moved into dividend stocks that give a 3-5% yield. I like stocks like J&J, Kraft, JP Morgan, Abbott Labs, ADP, Wal-Mart, Visa and a few others. Solid companies that have been around a long time and provide a decent yield. They have been less volatile during these wild swings. I buy them when they do a pull back. For a little more risk with a higher upside and a smaller yield, I like Cisco and Bank of America. They are both way down and have a decent balance sheet. With this type investments I have a lot less of a swing in the daily ups and downs, but also less growth potential. I will wait out the market in these type stocks who will do well. Just not great.
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Life is to short to drink cheap wine.
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