artmi

January 30, 2008

Posted by artmi

What high yielding stocks do you recommend?

I am 83, live in a senior citizens home, and have no debt. Thank you. arthurm@kc.rr.com

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  1. artmi

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TonyLiu

January 30, 2008

Posted by TonyLiu

4 stars ( 2 ratings )

What do you define as high yielding? I recommend AT&T, its business is only 20% consumer revenue dependent, making it not as impacted by the recession we are in.

I love utilities. Tobacco stocks such as Altria are also great.

Comments

  1. artmi: High yielding is 8%. I have Altria. It grows and pays a nice dividend. Citi-group was paying good till it cut the dividend.
  2. bahellman: Why the Citi Group dividend cut, that's a bad sign perhaps you should sell?

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SlashLane

January 30, 2008

Posted by SlashLane

4 stars ( 1 rating )

Bank of America, ticker BAC, 6.2% dividend for a great company whose stock trend upward will make you money alone. I do own shares, if you couldn't tell...

Comments

  1. artmi: good choice, however it's stock is at 42, down from 54. They probably had write-offs due to the housing bust
  2. bahellman: What didn't go down due to the housing bust and the bush economy. Now is a great time to buy IMO..

    Have you been reading the news on nobosh.com ?
  3. bahellman: not this site answers.nobosh.com, I'm talking about http://nobosh.com
  4. bahellman: Actually, stay away from BofA until this Countrywide deal settles.

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knor208

April 16, 2008

Posted by knor208

0 stars ( 0 ratings )

Jusr remember many times a stock is paying a high yield because the price of the stock has fallen due to losses etc. the next thing that happens is a dividend cut which generally kills the stock for 2-5 years. At your age I would give up some income for safety since it is usually a trade-off. Just remember no one is going to pay a 8% if if they can attract ain vestor by paying 4%

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