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re: Guide To Beginning A Portfolio of Blue Chips

Posted on 12/3/13 at 8:47 am to
Posted by RickAstley
Reno, Nevada
Member since May 2011
2010 posts
Posted on 12/3/13 at 8:47 am to
quote:

Look at dividends (or not).


Do you have a preference in where you keep a dividend paying fund? Is it better served to have one in a taxable account or a retirement account? Thanks for your insight on the matter regarding where to begin studying blue chips
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 12/3/13 at 10:08 pm to
OP - I bought 200 shares of stock called Magnolia Federal Bank about 20 years ago. Bought it directly from one of their branch offices. It was sold to Union Planters, and now it is Regions Bank and with the DRIP over the years it is now 2600 shares. My statement comes directly from Regions.

All my other stocks are tied up in both my self-directed IRA's. I use Scottrade at the mall in Ridgeland.

And I have 2 mutual funds at Vanguard
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