Enter the Dividend Investor

rgp said:
I'm still holding P&G, but even there the stock dropped some $20.00 p/share under the high. And now it is up & down on a day-to-day basis. At much smaller amounts .
Click to expand...
look at at&t stock . that was once believed to be the stock of choice for widows and orphans .

not only has it been a dog but it has been far riskier than a simple s&p 500 fund for a long long time
 

mathjak107 said:
look at at&t stock . that was once believed to be the stock of choice for widows and orphans .

not only has it been a dog but it has been far riskier than a simple s&p 500 fund for a long long time
Click to expand...

I'm hoping P&G "inches" back up a-bit ... I'm seriously thinking @ that time I may dump it ? or at least a large percent of my holdings in it. I'm 73, I don't have a long term ?? of growth .

I have a new member of my family, just five days ago .... maybe cash out, take the cash and start an account for her ?
 
rgp said:
I'm hoping P&G "inches" back up a-bit ... I'm seriously thinking @ that time I may dump it ? or at least a large percent of my holdings in it. I'm 73, I don't have a long term ?? of growth .

I have a new member of my family, just five days ago .... maybe cash out, take the cash and start an account for her ?
Click to expand...
Well assuming many of us will live to 83 or 93 especially if married where at least one goes on longer , this is still long term money.

however I am not a fan of individual stocks in retirement where not only do you have market risk but now you also take on individual company risk .

i am only a fan of diversified funds except for speculating which is betting on the outcome of a particular company
 

Last edited:
rgp said:
I'm hoping P&G "inches" back up a-bit ... I'm seriously thinking @ that time I may dump it ? or at least a large percent of my holdings in it. I'm 73, I don't have a long term ?? of growth .

I have a new member of my family, just five days ago .... maybe cash out, take the cash and start an account for her ?
Click to expand...
I’m not sure of the amount or your tax situation, but it might make sense to transfer the stock instead of selling it and giving cash to the child.

https://en.m.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act
 
mathjak107 said:
Well assuming many of us will live to 83 or 93 especially if married where at least one goes on longer , this is still long term money.

however I am not a fan of individual stocks in retirement where not only do you have market risk but now you also take on individual company risk .

i am only a fan of diversified funds except for speculating which is betting on the outcome of a particular company
Click to expand...

83 - 93 WoW! you are much more optimistic than I <grin>

I am not married so ..... If one listens to the "experts" I'm doomed .... LOL!
 
You must log in or register to reply here.

Back
Top