KO worst day in years

[Clubber Lang]

Down $4.17
Investors lost more than 2 1/2 years of dividend income today ($1.56/yr payout).
Another great example why investing for dividends is a horrible strategy.

 

[nooby_mcnoob]

Are you serious

 

[Clubber Lang]

Are you serious

Yes very serious.
How did a “Blue Chip” dividend portfolio of KO, GE, IBM, GM, F, C, JPM, BAC, AIG, WFC, MO, PM, PFE, XOM, VZ, T, Etc etc do over the last 5, 10, 15, 20 years?

And that’s not even counting the many “great dividend” companies that went BK in 07-08

Enjoy those “juicy” dividends while the stocks went nowhere in the longest bull run in history.

 

[nooby_mcnoob]

What are you comparing it to? Show me the spreadsheets with the data.

 

[Clubber Lang]

What are you comparing it to? Show me the spreadsheets with the data.

S&P
Spreadsheets? LOL. What is this a Freshman year finance course?

 

[nooby_mcnoob]

I don't have that basket of stocks memorized. And the S&P 500 of today is probably not the same S&P 500 of 1989 or whatever

 

[vanzandt]

I don't have that basket of stocks memorized.

Well then you ain't been around long enough.
Pay attention when your elders speak.

 

[nooby_mcnoob]

So to sum it up: you make assertions and that's it. What's the purpose of this thread.

 

[Clubber Lang]

And the S&P 500 of today is probably not the same S&P 500 of 1989 or whatever

Ummmmmmm what?
The S&P 500 is the same S&P 500 index no matter who is swapped in and out over the years
You really aren’t making sense

 

[Clubber Lang]

So to sum it up: you make assertions and that's it. What's the purpose of this thread.

The purpose was to confuse you and point out how awful a dividend investing strategy is.
Two for two!