Buy And Hope is the Way to Go!

[stock_trad3r]

Quote from jprad:



Look no further than GM, F and C, among others.

Um yea you picked the worst stocks. Google, apple, rimm offer much more upside.

 

[canuckrookie]

Quote from mister_doodi:

If your holding on to a solid dividend stock yielding 5% you can make back 100% of your principal in less than 15 years.

Unless your dividend paying stock goes to 0 in which case you do not get your principal back.

 

[jprad]

Quote from stock_trad3r:

Um yea you picked the worst stocks. Google, apple, rimm offer much more upside.

Dividends, capiche?

Honest question; how is it that you've not managed to win a Darwin Award yet?

 

[mister_doodi]

Quote from jprad:

That's not a solid buy & hold strategy.

That's a buy and pray they don't cut the dividend and the government doesn't raise taxes on dividends strategy.

Look no further than GM, F and C, among others.

First of all, Ford has had erratic div payouts over the last 21 years cutting and raising as they please and so did GM, that takes them out of running for a long term div play. Citi has been erratic also but not to the degree of F and GM.

If you want to invest long term div stocks you have to go to solidly paying div stocks like Coca Cola. Lets say in 2003 you bought at $43 and collected dividends as the stock went to $60 in 2007 and to see it fall back down to $43 in late 2008. Your stock price is break even but with divs you are up 25%+. Stock goes down 25% more from the current price, you are even.