Quote:
Originally Posted by jimbo2012
What might you expect his return to be in 5 years?
Any idea, he's concerned he's only going to a few points. that looks like 2%
He can start with $3000 he said.
|
I've done much better for myself over mutual funds buying top dividend paying stocks such as AT&T, Verizon, Abbott Labs., utilities, and many others. The ones I chose pay a dividend averaging around 4% and have been consistant for many years. I don't worry if the market goes up and down as I always get my dividend and re-invest it in more stock. My cost per share keeps going down and my capital gains has been going up for many years. I have at this time about 19 stocks and get dividends every month like clockwork, all re-invested.