(10-27-2018, 08:41 PM)dizzy9479 Wrote: Young DGI here -- do we think that T's yield is safe? It's already 10% of my portfolio (130 shares) -- is it worth picking up some more? Or should I diversify into VZ? I also have IBM -- rough week, hahaha
Binary is correct that VZ is NOT diversification against T. It is however good risk management IMO if you like the sector. VZ is executing a business plan like they actually know what they are doing. T has an outrageous dividend because they are struggling through acquisitions. I do think T dividend is OK, but let them stumble much more and watch the market get scared. It would be appropriate for an company with their debt level. I tend to split my investment and hold two stocks in a sectors. i.e. JNJ and ABT, CVX and XOM, two retail, two financials etc. When one of the stocks implodes it starts looking like a brilliant idea. If that never happens to you then please starting PMing your stock picks to me.
