What I Am Buying Today.

[bankerboy]

(09-14-2021, 12:54 PM)fenders53 Wrote:

(09-14-2021, 12:03 PM)bankerboy Wrote: Picked a bit more VZ, the dividend yield is pretty attractive right now given its moderate valuation.


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I never dreamed VZ would way underperform the SPY during peak of 5G rollout.  It's accused of being a junk bond equivalent with similar yield and and capital risk.  That seems very accurate the past few years.  I sell puts against it now and then to steal all the div yield it pays in a year.

I have about a 7 year transition to retirement so picking up a few reasonably priced values(I hope) with good dividend rates. When you look at their reasonable P/E and payout ratio at 48% it appears to be a pretty good bet. Keep in mind 95% of my portfolio is in mutual fund indexes still so being patient here and still have some liquidity to take advantage of stocks down the road.

Time will tell!


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