What I Am Buying Today.

[ChadR]

(02-06-2023, 05:50 PM)fenders53 Wrote:

(02-06-2023, 02:51 PM)ken-do-nim Wrote:

(02-06-2023, 10:54 AM)ChadR Wrote: Added to VZ.

It's a Dogs of the Dow and it's a very underweight position for me.  It's a small add and it was in my IRA which has an income focus rather than a growth focus.

I'd like to build up my VZ position too.  It's cheap historically, with a high yield and strong P/E ratio.

They also have some wicked debt and snails pace growth too.  I still like them, but only on good dips so I am compensated for the capital appreciation I may not ever see.

The snail's pace growth is why I'm buying it in my IRA.  Wouldn't buy it in my ROTH or in my brokerage account.  Every so often, I'll grab a few shares of VZ in the IRA.