02-16-2021, 03:36 PM
That makes a lot of sense. Yes, I've read that the market needs to be +5% for leveraged funds to break even. I will have to figure out when to take profits.
Back to the thread's main topic, "Best one to cite as an example", I believe there are two categories. The first is "Best one to cite as an example of dividend growth stock", which I claim used to be JNJ and is now AVGO. The second is "Best one to cite as an example of a vast improvement over bank interest yet with a relatively stable price." That I *think* is AT&T, which seems to have stabilized at $29/share and pays that sweet 7% dividend. Sure I love NLY with its 10% yield, and it has been inching higher ever since the March 2020 drop, but I can't say I would be confident in putting large amounts of money into it.
Back to the thread's main topic, "Best one to cite as an example", I believe there are two categories. The first is "Best one to cite as an example of dividend growth stock", which I claim used to be JNJ and is now AVGO. The second is "Best one to cite as an example of a vast improvement over bank interest yet with a relatively stable price." That I *think* is AT&T, which seems to have stabilized at $29/share and pays that sweet 7% dividend. Sure I love NLY with its 10% yield, and it has been inching higher ever since the March 2020 drop, but I can't say I would be confident in putting large amounts of money into it.