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Which dividend stocks do you recommend this month
Posted on 2/16/23 at 6:02 pm
Posted on 2/16/23 at 6:02 pm
I buy 500 dollars worth of dividend stocks every month. My goal is to hold this for at least the next 25 years. What’s your recommendations this month? Just looking for opinions. Been doing this for the last year
Posted on 2/16/23 at 6:08 pm to Bestbank Tiger
Forgot to ask you to explain your reccommendation
Posted on 2/16/23 at 6:15 pm to tigerbacon
Have McDonald’s. One negative about oke is it seems to be near its 5 year high. I know dividends stocks are different but still don’t like to do that lol
Posted on 2/16/23 at 6:19 pm to tigerbacon
Mmm is one of my favorites as well
Posted on 2/16/23 at 6:27 pm to tigerbacon
Just curious why not just buy VYM or SCHD or something. Im scared to buy single stocks and just wondering the rationale
Posted on 2/16/23 at 6:31 pm to jsk020
This is solely fun money I do for fun. I have my other investment accounts for when I retire. This is something fun, money I can afford to just have fun with
Posted on 2/16/23 at 6:35 pm to tigerbacon
quote:
Forgot to ask you to explain your reccommendation
Decent yield, skrong balance sheet, PE ratio slightly high but not out of whack.
O&G midstream company. Demand isn't going anywhere.
Posted on 2/16/23 at 6:56 pm to tigerbacon
VLO and MO if I were buying right now. MO $10 of 52week high at $47. VLO with more upside in price, but also more volatile.
KMI
MMM
Hard to pick just one. Would probably go for VLO due to upside in price. Trading at like 4.61 PE.
KMI
MMM
Hard to pick just one. Would probably go for VLO due to upside in price. Trading at like 4.61 PE.
Posted on 2/16/23 at 6:59 pm to tigerbacon
quote:Then why not a stock with a high upside instead of something with a dividend.
This is solely fun money I do for fun. I have my other investment accounts for when I retire. This is something fun, money I can afford to just have fun wit
Posted on 2/16/23 at 7:12 pm to saderade
Because I do hope in 25 years I can get 1500 a month just taking out the dividends
Posted on 2/16/23 at 7:27 pm to tigerbacon
Compounding dividends is a great way to build wealth over a period of time that long
Posted on 2/16/23 at 7:31 pm to tigerbacon
quote:
Because I do hope in 25 years I can get 1500 a month just taking out the dividends
Pick the right growth stock and in 25 years they'll be paying a dividend. A higher dividend is the price paid to investors to offset lack of growth.
Posted on 2/16/23 at 7:44 pm to tigerbacon
CCLDP Carecloud at 11% even though some of you shits downvote me every week when I reply to the same post
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