Quote:
Originally Posted by SSLance
Sold my 70 shares of MCD today... What Greg says makes a lot of sense.
I haven't decided what to replace it with yet, but I will soon.
I'm up 9.61% overall since rejoining the market in February and have booked over $1200 just in dividends during that time period...with more to come soon. And I'm still only about 33% invested.
Should I have been putting more in, sure...but at the same time this last little dip didn't bother me in the least. I remember all too well all of the nights spent worrying about dips like that. This time it is different, and I'll continue on with my plan of just putting in what I'm most comfortable with and learning as I go.
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And that's exactly the way you should be doing it Lance!! And good for you on the returns!
Quote:
Originally Posted by Sieg
On a similar note, a few years ago I bought both ATT & VZ due to dividend rates. ATT has delivered a 13% gain, VZ 26%. As a satisfied VZ customer I'll be rolling the ATT shares into VZ when the timing is right.
As a current Comcast customer...........there's no way in h*ll I'd buy their stock.  |
Yes -- I too used to own both... then thought that was dumb. Turns out I'm dumb. But I sleep fine at night knowing T (or VZ) is a good company that will continue to contribute to my retirement bliss.... 13% isn't as good as the 26% but it could have just as easily been the other way around. What I don't like is to see DOWN 1% vs someone else that's doing WAY better!!