03-24-2020, 11:21 AM
(03-24-2020, 11:06 AM)stockguru Wrote:(03-24-2020, 11:00 AM)DividendGarden Wrote: Added to T and VZ. Even in a recession or quarantine, people will pay their cell phone bills.
Agreed. But what about all the business and homes who wont be able to afford internet or cable. That extra $150 a month will no longer be affordable either and you will cut backs. Couldn't that happen as well? Also if people aren't buying any more apple phones at $1000+ wont that hurt sales as well?
That's a consideration, but I'm not stressing about it. In 20 years, I'll be glad I did this. There's also a chance that more people buy DirecTV (AT&T) because they're stuck at home.