Dividend stocks that don't suck as a business

[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.

[Stu from NYC]

Why not read a financial publication like Kiplingers

[valuemkt]

certainly depends on your definition of high dividend .. Like oils ? XOM, EPD, ET, ENB, VLO and others pay nice dividends
Like a sin stock ? Altria (MO) sports a good one.. Tons of others in the 4-6% range.. Do some homework and pick five or ten in different industries.. Look for ones that have increased their dividend for 20 or 25 years .. that will answer your other question

[Decadeofdave]

Rpm

[dewilson58]

Southern Company (SO)

[triflex]

Southern Co: High P/E, Diminishing yield

https://i.imgur.com/qd9lZah.png

Southern Company (SO)

[keepsake]

It seems on SO

The recent price drop seems due to dividend payout. Dropped from 69ish to 63ish.

[CoachKandSportsguy]

SO dropped on the news of the nuclear power plant delays and the increased costs.

For dividends, i would go with a diversified dividend income fund. . not picking individual stocks,
as managing the portfolio is not always a set it and forget it as its more about buying low and
preventing individual losses.

$SPHD $SPYD

this page also has a good listing of potential investments

Dividend ETFs | Seeking Alpha (https://seekingalpha.com/etfs-and-funds/etf-tables/dividends)

i would look towards the bottom section

[CosmicTrucker]

Ups

[Blackbird45]

If you're interested in dividend and your invested in a utility like SO or Con Ed, fluctuation in stock prices shouldn't matter. Stock prices will go up and down daily. My belief with the advance of EVs, electric utility stocks will start to climb.

[Two Bills]

After yesterdays news of Russian moves, and stock markets dropping, it may be wise to sit tight with the cash for a while.
Oil price is going to get very lively!

[thevillages2013]

XOM but buy it about a year ago

[Catalina36]

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.

I have been investing about 25% of money in
Invesco Value Municipal Income Trust Municipal Bond Fund, symbol IIM, you can purchase using any Brokerage Account. Trades like a stock so you can sell any time on any trading day if you need cash. Pays a monthly dividend every 1st of the month, Annual dividend around 4.8%. The Best Part it is totally Federal Tax Free and if you are a Florida resident that means there is no state income tax either. I have been following this fund for approximately 5 years. The price does fluctuate up and down, last price quote was $15.12 a share, but the dividend is there each and every month. Now is a good time to purchase with the market prices are down. I don't portray myself as a financial advisor but in my opinion, this is relatively a safe investment.

[midiwiz]

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.

I really think that's a question for an investment company, or online search in something like ameritrade, etc. Not something on TOTV, unless you want to generate tons of chatter that goes nowhere.

[spinner1001]

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.

In finance jargon, focus on *value* stocks with higher dividend *yields* in *quality* companies to narrow your choices.

And I agree with the comment about a mutual fund (an ETF can work, too) rather than stock picking yourself because of diversification benefits and stock pickers generally underperform over the long run.

[jljl62040]

If you want to manage your stock market investments yourself, there is a website called 'Seeking Alpha' that I find to be very informative. Many different investment advisors offer their services on that site. Many specialize in dividend paying stocks. Some services must be subscribed to for a fee, while others are free. All the services offer a trial subscription. I personally subscribe to the 'iREIT on Alpha' service by Brad Thomas and find it to be helpful in finding good companies in various industries that offer dividends to boost my income.

[mkjelenbaas]

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.
What did the CFP say when you asked those questions??

[mkjelenbaas]

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.
It is always good to take advice from this site!! NOT!!

[fgaba1949]

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.

LEts take DEVON energy DVN the stock is up over 150 % over the last year up 27% YTD which is a huge gain for just 2 months and pays 7.3% dividend with an ex day of 3 /11. Its breakeven price for a barrel of oil is $30 and oil is close to 100 today..others are like VIPER EXXON etc...

[fireman]

QYLD has been paying between .18-.22 a month for a few years.
Not bad for a $20 stock

I also agree seeking alpha website is a good resource

[fgaba1949]

certainly depends on your definition of high dividend .. Like oils ? XOM, EPD, ET, ENB, VLO and others pay nice dividends
Like a sin stock ? Altria (MO) sports a good one.. Tons of others in the 4-6% range.. Do some homework and pick five or ten in different industries.. Look for ones that have increased their dividend for 20 or 25 years .. that will answer your other question
Also DEVON DVN up over 150 % pays 7 %

[fgaba1949]

Why not read a financial publication like Kiplingers

Yes reading pubication once was a great idea but now they are outdated filled with old news once they come out try CNBC or Bloomberg TV for uptodate info in a fast changing world

[Kenswing]

At its current price ATT (T) is paying 8.7%. For a list of companies that have maintained or increased their dividends for 25 years or better just Google "Dividend Aristocrats"

[MidWestIA]

Vanguard has 2 dividend growth funds like vig

[dewilson58]

At its current price ATT (T) is paying 8.7%.

With the ~50% loss in value, do you see a dividend cut coming??? Wouldn't surprise me.

[Kenswing]

With the ~50% loss in value, do you see a dividend cut coming??? Wouldn't surprise me.
After they complete the spin-off of Warner Media to Discovery I wouldn't be surprised if they cut.

[loufromnewjersey]

How about good old Verizon. It’s paying just under 5%. And also banks are not paying anything but I don’t hear you complaining about very low interest rates like mortgages. They are all tied together.

[dewilson58]

And also banks are not paying anything but I don’t hear you complaining about very low interest rates like mortgages. They are all tied together.

Not Really.................Most are selling off the mortgages, rather than holding them like the old days.

[Dan2020]

Berkshire does not pay dividends, despite being a large, mature, and stable firm. Retained earnings are used to fund new ventures, acquisitions, and investments by the organization.

[Stu from NYC]

Yes reading pubication once was a great idea but now they are outdated filled with old news once they come out try CNBC or Bloomberg TV for uptodate info in a fast changing world

Thinking of people learning from a magazine not getting stocktips.

[hdanielblank]

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.

Funny, I used to work for Value Line and love the fact that they supply safety ranks. That said, individual stocks in a quantity less than 30 are simply to risky in price volatility and credit risk for you to put too much of your nest egg in. Please do not do that.

The answer to this dilemma may lie in Exchange Traded Funds (ETFs), mutual funds that trade like stocks but cheaper and more efficient. They hold a collection of securities that together will deliver much more safety through diversity. The no-brainer ETF to me right now is SCHP, it holds US Treasury Inflation-Protected Securities with a yield guaranteed to rise with inflation. Most brokers will try to talk you into something managed to hedge inflation (more costly and more risky). Don't fall for it. SCHP has a near-zero expense ratio and can be bought for zero through Schwab or Fidelity discount brokerages. Current yield on SCHP is 3.5%. If you are willing to take a bit more risk but far less than holding a single,high-yield utility or energy or transportation, stock, I have a few suggestions for you to check out on your discount brokerage platform. The best for you may be PCEF, an INVESCO ETF that holds 100 income-oriented closed-end funds (also funds that trade like stocks with technical differences). The internal expense ratio of this fund of funds and its market risk are considerably higher than SCHD. However, the bankruptcy risk is zero unlike that of individual stocks. PCEF has been around more than a decade. It pays MONTHLY, not quarterly dividends and it's current annual yield is more than 7.3%. PCEF has no equity market risk other than the price of the stock itself. which will go up or down relative to interest rates but will increase over time so don't sell it, just enjoy the yield. .Another more conventional ETF to buy and hold is SCHD which holds the highest dividend stocks in the S&P 500 and charges a neat-zero expense ration. Its current yield is 2% which is about 50% higher than the S&P 500. I hope this helps.

[GeeWhiz]

You might consider High Dividend ETFs or Mutual Fund indices. The following article is of interest if that is a potential investment of interest.

8 Top Dividend Index Funds | The Motley Fool (https://www.fool.com/investing/how-to-invest/index-funds/dividends/)

Good luck on whatever you choose to do.

[jimjamuser]

If you're interested in dividend and your invested in a utility like SO or Con Ed, fluctuation in stock prices shouldn't matter. Stock prices will go up and down daily. My belief with the advance of EVs, electric utility stocks will start to climb.
Then battery technology companies would also be good.

[Boomer]

There is an easy way to get a start on educating yourself on dividend paying stocks by looking for easily accessed clues to stocks that might work for you.

Find the list of Dividend Aristocrats. That will show you how many years a company has annually increased its dividend. To make this list, it has to be 25 consecutive years. There is a lesser known list called Dividend Kings, that’s 50 years, in a row, of increases. (Miss a year — get kicked off the list and have to start over. That is why you sometimes will see a big range in increases from year to year. Depends on how the company is doing, of course. Could be a 1%, could be a 10%, but those companies do not like to have to break their stride by missing an annual increase.)

The Dogs of the Dow list can be worth a look once in a while. (I have not looked for that for a long time. I guess it is still around.)

Those lists are a manageable starting point because you will recognize a lot of the stocks and then you can narrow your focus to the ones that interest you most.

Understand that the yield is not everything. In fact, if it gets really high, it could be a warning. Look at the payout ratio.

Also beta could be important, depending on your risk tolerance.

Another point of beginning could be to go into a site like Fidelity, find their dividend funds, then look at the funds’ top ten holdings. See what the experts are doing.

Another thing you can find on those sites are their select funds — utilities funds, etc. See what holdings are in those. (I used to try to follow certain fund managers and once in a while, I would copy their homework.)

Also, if you are new at this, you will see terms you might not get. Investopedia will explain all those so you can get a working vocabulary on the subject.

(Yeah. I know. Bumpkin that I surely must be, my starting point is far too simplistic for the esoterically inclined among us. But, hey, it can work.)

Boomer

[Kenswing]

Then battery technology companies would also be good.

Seriously? Why don’t you show us which battery companies are paying a good safe dividend.

[triflex]

This is some good information. Thanks. Seems like SCHP would be best for untaxed retirement accounts because it will need to be traded into and out of when inflation rates decrease. For instance, if I sell BRK.b stock in a taxable account I'd be hit with the cap gains tax and wipe out any potential gain from the TIPS returns for at least two years because of the taxes on the BRK sale. Then when inflation subsides I'd have to sell again and reinvest into equities because TIPS would pay very little.

My understanding is that inflation is best offset by: 1) TIPS 2) Real Estate by a .7 ratio (house keeps up with inflation by 70% - or 30% loss inflation adjusted, 3) Stocks; in that order per history.

Funny, I used to work for Value Line and love the fact that they supply safety ranks. That said, individual stocks in a quantity less than 30 are simply to risky in price volatility and credit risk for you to put too much of your nest egg in. Please do not do that.

The answer to this dilemma may lie in Exchange Traded Funds (ETFs), mutual funds that trade like stocks but cheaper and more efficient. They hold a collection of securities that together will deliver much more safety through diversity. The no-brainer ETF to me right now is SCHP, it holds US Treasury Inflation-Protected Securities with a yield guaranteed to rise with inflation. Most brokers will try to talk you into something managed to hedge inflation (more costly and more risky). Don't fall for it. SCHP has a near-zero expense ratio and can be bought for zero through Schwab or Fidelity discount brokerages. Current yield on SCHP is 3.5%. If you are willing to take a bit more risk but far less than holding a single,high-yield utility or energy or transportation, stock, I have a few suggestions for you to check out on your discount brokerage platform. The best for you may be PCEF, an INVESCO ETF that holds 100 income-oriented closed-end funds (also funds that trade like stocks with technical differences). The internal expense ratio of this fund of funds and its market risk are considerably higher than SCHD. However, the bankruptcy risk is zero unlike that of individual stocks. PCEF has been around more than a decade. It pays MONTHLY, not quarterly dividends and it's current annual yield is more than 7.3%. PCEF has no equity market risk other than the price of the stock itself. which will go up or down relative to interest rates but will increase over time so don't sell it, just enjoy the yield. .Another more conventional ETF to buy and hold is SCHD which holds the highest dividend stocks in the S&P 500 and charges a neat-zero expense ration. Its current yield is 2% which is about 50% higher than the S&P 500. I hope this helps.

[triflex]

I'm familiar with the dogs of the dow list that pays dividends consistently. Most of them, to me, don't seem like great bets as companies though.

There is an easy way to get a start on educating yourself on dividend paying stocks by looking for easily accessed clues to stocks that might work for you.

Find the list of Dividend Aristocrats. That will show you how many years a company has annually increased its dividend. To make this list, it has to be 25 consecutive years. There is a lesser known list called Dividend Kings, that’s 50 years, in a row, of increases. (Miss a year — get kicked off the list and have to start over. That is why you sometimes will see a big range in increases from year to year. Depends on how the company is doing, of course. Could be a 1%, could be a 10%, but those companies do not like to have to break their stride by missing an annual increase.)

The Dogs of the Dow list can be worth a look once in a while. (I have not looked for that for a long time. I guess it is still around.)

Those lists are a manageable starting point because you will recognize a lot of the stocks and then you can narrow your focus to the ones that interest you most.

Understand that the yield is not everything. In fact, if it gets really high, it could be a warning. Look at the payout ratio.

Also beta could be important, depending on your risk tolerance.

Another point of beginning could be to go into a site like Fidelity, find their dividend funds, then look at the funds’ top ten holdings. See what the experts are doing.

Another thing you can find on those sites are their select funds — utilities funds, etc. See what holdings are in those. (I used to try to follow certain fund managers and once in a while, I would copy their homework.)

Also, if you are new at this, you will see terms you might not get. Investopedia will explain all those so you can get a working vocabulary on the subject.

(Yeah. I know. Bumpkin that I surely must be, my starting point is far too simplistic for the esoterically inclined among us. But, hey, it can work.)

Boomer

[triflex]

I don't want to churn my money to someone who spends their day talking to people instead of running a profitable company. I consider Warren Buffett to be the best CFP in the World but he is in his 90s.

What did the CFP say when you asked those questions??

[DAVES]

If you want to manage your stock market investments yourself, there is a website called 'Seeking Alpha' that I find to be very informative. Many different investment advisors offer their services on that site. Many specialize in dividend paying stocks. Some services must be subscribed to for a fee, while others are free. All the services offer a trial subscription. I personally subscribe to the 'iREIT on Alpha' service by Brad Thomas and find it to be helpful in finding good companies in various industries that offer dividends to boost my income.

I tend to trust no one for investment decisions. Seeking Alpha for example what is the real motive of the author? To make money for you? Or to make money for him or her self? Offer a trial subscription-a common marketing tactic. They know exactly how many people will not cancel or often forget to cancel.

[DAVES]

I don't want to churn my money to someone who spends their day talking to people instead of running a profitable company. I consider Warren Buffett to be the best CFP in the World but he is in his 90s.

Re: Warren Buffet
I like most people find him interesting. I've read articles by and about him with stuff like,
he buys for the long term. Am I the only one to see and state the obvious, the guy is in his 90's long term? I've read things by Buffet, I lost 45 million on that investment. Buffet like?
If, I lost 45 million on any investment there would be a lot of people wondering how they could have been so stupid as to LEND me that much money. Buffet like? Was I to call say Powel to ask what is going to happen with interest rates, his staff would have a good a good laugh and tell me some great excuse why he can't take my call. Buffet calls and they put his call right through.
Recently, Buffet said publicly that he suggests people buy the S&P index. Buffet actually stated in public that he rarely beats the S&P.

[dewilson58]

My belief with the advance of EVs, electric utility stocks will start to climb.

Not really.

You should learn about a regulated electric company and how they earn a profit.

[DAVES]

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.

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.

[CoachKandSportsguy]

Not really.

You should learn about a regulated electric company and how they earn a profit.

True. .

EV's won't increase the grid assets enough to make a huge difference, but will increase usage. Electric rate is made up of two components recovery on investment of assets, and increased customers/uage
Solar and Wind will decrease the utility cost of generation, but the maintenance of the grid, ie load balancing, transformers, poles and wires, will remain and increase with the price increases of labor and copper, plus its costly to maintain the fossil fuel generation as a backup supply, so the cost of fossil fuel generation over the limited use will cause rates to increase. The rates are based upon Assets, and you can't get rid of the assets due the random nature of wind and solar.

:) yes, I would still invest in electric utilities, maybe not gas utilities as much. . . but the revenue is not going down. . its all a matter of how often a regulated utility applies for a new rate to cover new costs and new investments.

:boxing2:

[Boomer]

[QUOTE=DAVES;2064682. 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. [/QUOTE] - - - - - - -


DAVES, I know them, too. But you gotta luv ‘em. Too antsy for the market, but always expecting a 5% CD. (sigh)

Boomer

[triflex]

"A thousand dollars invested with Warren Buffett since 1965 would be worth more than $27 million today, while the comparable amount for the S&P 500 is roughly $200,000."

I'm going to stick with Buffett. He's also sitting on $160B in cash right now and buying back stock.

Re: Warren Buffet
I like most people find him interesting. I've read articles by and about him with stuff like,
he buys for the long term. Am I the only one to see and state the obvious, the guy is in his 90's long term? I've read things by Buffet, I lost 45 million on that investment. Buffet like?
If, I lost 45 million on any investment there would be a lot of people wondering how they could have been so stupid as to LEND me that much money. Buffet like? Was I to call say Powel to ask what is going to happen with interest rates, his staff would have a good a good laugh and tell me some great excuse why he can't take my call. Buffet calls and they put his call right through.
Recently, Buffet said publicly that he suggests people buy the S&P index. Buffet actually stated in public that he rarely beats the S&P.

[triflex]

I agree. I read Seeking Alpha daily but the authors tend to be pushing a newsletter or something similar. I look at financials.

I tend to trust no one for investment decisions. Seeking Alpha for example what is the real motive of the author? To make money for you? Or to make money for him or her self? Offer a trial subscription-a common marketing tactic. They know exactly how many people will not cancel or often forget to cancel.

[Boomer]

"A thousand dollars invested with Warren Buffett since 1965 would be worth more than $27 million today, while the comparable amount for the S&P 500 is roughly $200,000."

I'm going to stick with Buffett. He's also sitting on $160B in cash right now and buying back stock.



I like Buffett, too. . .That guy sure can turn a phrase, as well as a dollar. . .

But. But. But. In 1965 I did not have a thousand dollars and besides, I was too busy teasing my hair and lacquering it with hairspray. . .and riding with boys in their souped-up cars.

Vroom-Vroom Bouffant Boomer

[triflex]

I was one year old. But I did ride with girls.

I like Buffett, too. . .That guy sure can turn a phrase, as well as a dollar. . .

But. But. But. In 1965 I did not have a thousand dollars and besides, I was too busy teasing my hair and lacquering it with hairspray. . .and riding with boys in their souped-up cars.

Vroom-Vroom Bouffant Boomer

[Boomer]

I was one year old. But I did ride with girls.

Hmmmm, I might have been your babysitter.

Boomero Uno — almost

[triflex]

Nope. I learned early on not to let women with suspicious histories kiss my dimples.

:1rotfl:

Hmmmm, I might have been your babysitter.

Boomero Uno — almost

[Jim1mack]

Go to NASDQ.COM and look at these. Fcrd, ztr, oxsq, cim, crf, oxlc. Yields from 8.93% to 13.96% currently. I’ve held these for years just for the dividends. Four of them pay dividends monthly. It was a buy and forget investment. You’re not going to get rich on appreciation. I get $10,700 annually from them so it’s nice fun money.

[ChrisLetendre]

I would suggest structured notes if you are looking for stable high interest rates. You can expect coupon rates from 8 to 16 %. And they pay monthly. If you are interested in learning more about them email me at Chris@caperwa.com and I can send you some info.

[mike1946]

I bought shares in a company called AGNC - it's a REIT for over a year now they have been paying 12 cents a share dividend every month !!!! The Share price is currently around $13.50 but has been as low as $12 and as high as $18 but the current 9% annual dividend is worth a look. I am not a financial adviser just a private investor for income.

[MidWestIA]

it made this list

9 Municipal Bond Funds for Tax-Free Income | Kiplinger (https://www.kiplinger.com/slideshow/investing/t041-s001-9-best-municipal-bond-funds-for-tax-free-income/index.html)

[keepsake]

AGNC seems to be part of the housing market. Everything seems to be pointing to further downside. Don't you think ?

What did you buy at ?

[Nova Filtration]

Not yet, it will stay good for while, I hold AGNC also

[dewilson58]

AGNC seems to be part of the housing market. Everything seems to be pointing to further downside.

It's on a nasty trend.

Down 17% YTD
Down 23% last year
Down 35% last 5 years

Other than that, how was the play Mrs. Lincoln??

[Hifred]

PSLDX Pimco Stock Plus Long Duration Fund is a Mutual Fund that pays a 28.84 distribution yield. Gross expense ratio is .61% which is low. We use this fund to supplement our pension and we are really happy with it.

[keepsake]

Ha Ha that PSLDX has a minimum investment of $1,000,000.00

I have to wait a few weeks to have that !!

[montagnard1969]

A good program to watch is Jim Cramer on CNBC at 6 PM daily. He also has published some very good books on the topic of investing. He talks about artificially high yielding stocks and companies. Usually when a company issues an unusually high yield it is not sustainable unless their business is really going gangbusters.
Most time it is an indication of some sort of flaw in the business itself. A 3 or 4 % yield is a solid one usually but when the yield goes up above 5% beware, something isn’t right. As for what they are, there may be many answers to that question. Listen to the conference call of the company. Read information in the company’s SEC filing. As the old saying goes “if it sounds too good to be true, it probably is”.

[Hifred]

[QUOTE=keepsake;2065135]Ha Ha that PSLDX has a minimum investment of $1,000,000.00

This is not true! I bought PSLDX from my Schwab account and bought $2,000. It pays regular dividends and after seeing how it worked I invested more. You should not spread false information. Go to Schwab.com and look up PSLDX. I couldn't afford 1 mil of stock.

[Hifred]

This is where you can buy PSLDX and it does not have a million dollar minimum.

TD Ameritrade has no minimum but imposes a $50 transaction fee.
Firstrade has a $500 minimum and no fee.
Schwab has a $1,000 minimum and a $50 fee.

Hopes this helps. It provides a nice amount to spending money. However, it is taxable and you will get a 1099 on the dividends you receive. So PSLDX works better in a ROTH where it can grow tax free.

[CoachKandSportsguy]

Funny, I used to work for Value Line and love the fact that they supply safety ranks. That said, individual stocks in a quantity less than 30 are simply too risky in price volatility and credit risk for you to put too much of your nest egg in. Please do not do that.

I would agree unless you can do CFA type equity analysis about revenue growth, capital structure and spending trends against macro economic backdrop, ie, what the professionals do for equity buy / sell analysis every day, unless they are closet indexers.

And don't believe the ponzi scheme hype about bitcoin or any or sh*tcoin either. Bitcoin acts like a high tech stock, not any hedge against currency risk. A well diversified portfolio of anything is better than a single investment.

Unless you have shorted CVNA, in which case, carry on! :welcome:

[CoachKandSportsguy]

Here is the 10+ year monthly price chart of PCEF. . .

Interesting chart and yield. . .

[Stu from NYC]

I would agree unless you can do CFA type equity analysis about revenue growth, capital structure and spending trends against macro economic backdrop, ie, what the professionals do for equity buy / sell analysis every day, unless they are closet indexers.

And don't believe the ponzi scheme hype about bitcoin or any or sh*tcoin either. Bitcoin acts like a high tech stock, not any hedge against currency risk. A well diversified portfolio of anything is better than a single investment.

Unless you have shorted CVNA, in which case, carry on! :welcome:

Since the vast majority of professional have a heard time beating the broad market think it is best to invest in mutual funds with good track records or ETF.

[CoachKandSportsguy]

Since the vast majority of professional have a heard time beating the broad market think it is best to invest in mutual funds with good track records or ETF.

Absolutely hire professionals for what you are not a professional in, as with most specialty skill sets

That's because there is transactional friction in running a fund. Its not impossible, just very hard. There are also legal barriers which make it harder to beat the market, because advertising as an active mgmt fund, and then being a closet index fund, can and has brought legal trouble to funds. . . however, if you go to the US trading championship, there are many people who easily beat the market handily, but that can't scale to millions.

Financial investing doesn't scale linearly. That is why TV growth has out grown the service capacity of the surrounding area. Build it and they will come doesn't work at scale with bigger competitors next door.

[triflex]

I bought some Russian bank stock today as it is down 75% today. Pays a nice dividend of 11%. SBRCY.

Only about $1k worth but I might buy more.

[CoachKandSportsguy]

I bought some Russian bank stock today as it is down 75% today. Pays a nice dividend of 11%. SBRCY.

Only about $1k worth but I might buy more.

I rented $RSX today, a Russian country ETF

not sure it is a quick flip, but the future is uncertain

[keepsake]

I have had a fidelity account for 40 years. That's where I encountered a 1 million minimum message.

I past below content on my trade dialog.

SYMBOL
PIMCO STOCKSPLUS LONG DURATION FUND CL INST
fee.svg
$6.55+0.08 (1.236%) Prospectus
Investment Minimum
$1,000,000.00
30-Day Yield
2.52%

[keepsake]

To buy $100 worth ...

Estimated order value, including $49.95 fee:
$149.95

[Hifred]

That may be with Fidelity but not with the other brokerages I mentioned. You can buy less than 1 million of PSLDX. I used to trade with Fidelity but moved my trading over to Schwab.

[valuemkt]

MREITS work until they don;t .. ALL have a history of dividend cuts and erratic price movements. AGNC is an Agency REIT purported to be safer than non-agency. Do your homework and diversify. Also look at MREIT preferreds

[unialimon]

How about a company that doesn't give to BLM.

[Stu from NYC]

I rented $RSX today, a Russian country ETF

not sure it is a quick flip, but the future is uncertain

Guess you will accept more risk than I would. And nothing wrong with that.

I am very satisfied with a 10% average long term gain in my mutual funds.

[CoachKandSportsguy]

Guess you will accept more risk than I would. And nothing wrong with that. I am very satisfied with a 10% average long term gain in my mutual funds.

If its down 50%+ there is lot less risk that if the price is double that. . remember buy low, sell high, and there is nothing like big price moves to change sentiment. .. . its a counter intuitive job, which in and of itself is prone to buying something on sale going to zero, ie Enron, which i bought on its way down, and then realized the issue and shorted it to gain my loss back. . .

Trader's mentality. I am up 7.5% YTD on my trading between shorting the market and going long on big selloffs, etc. long on the ups and short on the dips, . . mostly trading $SPY for equity and $TLT for bonds. Currently short $TLT, the 20 year bond ETF

being a rental, its not a long term hold. . . just another trade. . . making 5% and 8% in a day on a trade today, $LIT and $REMX, annualized, its a great trade. break even on RSX today from yesterday.

But i am way underwater today trying to reshort $CVNA on today's move. . . so its not all perfection, just a failure to enter a stop loss order to prevent this as i working the day job as well, stupid, stupid, stupid. . failure of execution