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re: the "correction" seems to have begun.....how low do we go? prediction thread

Posted on 6/7/13 at 10:16 am to
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16930 posts
Posted on 6/7/13 at 10:16 am to
interesting. thanks for the info.

i was recently between JNJ and PM for a large sum and went JNJ. might back some other stuff out and move to PM. MO has been great for me.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/7/13 at 10:54 am to
I have a small position in JNJ, its a great company they're a great dividend growth stock. I just have my preferences and a long term holding in cigarettes so as someone whose seen the past results, Im happy with the future. Im sure JNJ will be incredible as well

and for the record, im not against indexing it just doesn't fit my personal agenda which is early retirement and living off dividends that continually grow while maintaining my core position and not selling. So stocks such as PM which is 3.75% and growing or MO which is 4.92% and growing annually. SPY is great and I would hold some, but the yield on it is 1.94% and wouldnt allow for me to hit my target income by the date i seek thats all I meant by im against indexing. The only low dividend stock i hold is visa bc i believe in its growth otherwise im all high yield(over 3% sadly is high these days)
This post was edited on 6/7/13 at 10:59 am
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