Thread: Investing 102
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Old 09-11-2017, 09:18 AM
WSSix WSSix is offline
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Honestly, not great, but I'm not worried. I'm in solid companies and so far none are facing dividend payment challenges. Well, that depends on if you think Verizon is going to have issues. I've read both sides of the argument and am not convinced they have cash flow issues. Like Greg, oil is not being nice to me, but I'm in this for the long haul in general so I'll continue to ride it out patiently.

One thing I will mention is I was planning on selling Whole Foods, cutting my loses, and dumping the money into Visa. Then, the Amazon buy out was announced. Ultimately, I made very little money because my cost basis was high. All of the money I made was due to the dividend though. Glad they paid a dividend even though it was a small one.

A side affect I don't agree with but took advantage of is Costco took a big hit because of the Amazon buyout of Whole Foods. Fine by me. I got Costco at a discount as far as I'm concerned. Now if only I had remembered Altria was also on sale before I spent all my money....
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