10-06-2014, 11:19 AM
(10-06-2014, 10:38 AM)Lewys120 Wrote: Just out of curiosity.
What do you think of AFLAC, I bought it over KRFT (Because it was at a buy oppertunity) a few days ago.
I'm in the minority, but I think its dead money for the next couple of years due to the majority of their earnings being from Japan. My thoughts are that a saturated market, poor demographics and a weak and continuing to get weaker yen will stunt earnings and dividend growth. At a 2.5% yield I wasn't willing to stick around.
I sold a couple weeks ago with a 20% gain and went with a faster grower, Ameriprise Financial (AMP).