Investing 102

[Sieg]

Originally Posted by GregWeld

I'll tell you what's been saving my bacon on this TINY selloff.. ALTRIA (MO)...

I own 40,000 shares of it -- and it's been UP while most everything else seems to be selling off a bit. That combined with JNK --- which HAS BEEN a steady eddy...

Sometimes owing stocks that don't go down very much (the steady eddies) -- is every bit as good as owning stocks that go up. In a poopie market that is.

They're like having an employee that isn't the best worker or even the smartest - but they show up EVERY DAY without fail... and put in a a days work. They're RELIABLE.

And Charles Schwab ratings rank Altria as a D.

Have an opinion on that? Political?