Okay -- without all the details -- here's another BORING stock... AT&T...
By the way -- I'm not RECOMMENDING any of these names to anyone -- but in order to have a "discussion" you have to talk about something... so I'm once again using names that I own.
The thing about RETIREMENT is that you're going to have to plan on living a while AFTER you retire... hopefully 25 or 30 years. Think about that for a minute.... 25 years. Nobody ever does the actual math... but if you retire at 65 and want to live 'til you're 90... that's 25 years! Now days - people live that long easily! And think about the medical advances we've enjoyed in the last 25 years that have helped people live longer! 25 years ago - you had a heart attach - you died! Now - no biggie...
Okay -- so you have 15 years before you retire -- and you're going to live for 25 years AFTER you retire -- that's 40 YEARS! That's 40 years of INFLATION...
Had you bought/invested in boring old AT&T in 1986 (ONLY 26 years ago) -- you'd have 600+ % GROWTH in your CAPITAL -- and you'd have gotten a dividend to live on all this time. For 15 years it would have been reinvested buying more shares - then it would send you a check every quarter...
How boring is that? 605% growth.... That will keep you AHEAD of inflation... and keep you in a new fishing boat so you can actually enjoy your retirement!
