Quote:
Originally Posted by hifi875
im thinking of dropping 10 in annaly. bought some other stocks the other day.
at&t
bank of america
starbucks
altria
the dividend stream alone on annaly can really add up!!
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Ya know -- I don't like to be recommending stocks -- just not my thing... I'm more about how to think about investing - the old - catch a fish or teach a guy how to fish thing...
But if it was me - I'd be investing in BANCO SANTANDER (STD) which is a "world bank" and is paying 10% dividend while you wait for the banking industry to "recover"... Poor beleaguered Bank of America (BAC) is only paying .51%
Just thinking out loud here -- both charts are nasty -- but sometimes it "pays" to be early if you're willing to suck up some lumps along the way. I just like being paid to suck up the lumps...
