I know Greg doesn't mean to say its the end all be all in getting dividends, but a couple responses to his point made me want to just highlight; Just remember, you are the equity owner, the last in line to get paid, and the first to miss out! So companies do cut dividends. In 2010 these big boys all cut dividends by some amount.
– Bank of America Corporation (BAC)
– General Electric Co. (GE)
- The Home Depot, Inc. (HD)
- Johnson Controls Inc. (JCI)
- Pfizer Inc. (PFE)
- US Bancorp (USB)
With the point about liking dividends, remember the point about balance!! Bonds the coupon is coming no matter what, stocks its not - but growth can! Its all about the right balance for your age and your goals, and understanding the risks in each area you invest. If you want true gauranteed income streams, its fixed income and annuities. If you want fairly stable income with some risk, but some upside potential..dividend stocks. [Taxes exluded because its account dependant]
Tim
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