Followed by 1
Ignored by 3
In United States
Registered Jun 07, 2012
I pick things up, and I put them down.
AverageBear's most recent comments:
- On 4 Jul 2014
Picking individual stocks is a fool's errand.
Do it for fun only.
Every casino has customers who know how to beat roulette, the slots, and black jack (I am excluding counters, hole carding, shuffle trackers, and ace sequencers here). The casino rightly regards these people as their best customers.
Unless you have 70 hours a week to do research, you should just buy unmanaged index funds and bond funds.
Patrick, don't pollute your excellent skeptic reputation with this horseshit.
I totally disagree. If you stick to dividend growth stocks, and buy on the dips (or close to or under a P/E of 20, you will do well. If you crap your pants and sell during a market correction, then you can only blame your cowardice. 70 hours a week? PFFT. I'll only sell if they cut (or freeze for a long time) dividends. Dividends are waaaay more stable than stock prices... I put 67 to 75% of my equity portfolio in blue-chips and the rest in riskier stocks for capital appreciation
- On 4 Jul 2014
McDonalds worst burgers may be hurting the stock,
....yet MCD will still churn out dividends in good times and bad, making 60% of its revenues overseas where the growth is. Like PHILLIP Morris and Coke, these are core holdings that I don't consume. I'll laugh at all the "shit burger" jokes (all the way to the bank...)
- On 24 May 2014
what are the best stock to buy today ?,
This thread is like asking someone; who makes the best car/truck? You first have to ask a few questions to figure out the (possible) answer. Are you in your 20s, 40s, in retirement? Risk tolerances? Trader or buy/holder?
If you are a long-term buy/holder of dividend paying blue chip stocks, I would say Coca Cola (KO), Johnson and Johnson (JNJ), and Philip Morris (PM)...
The 3% dividend yield for KO will double to 6% in 7 years, will pay increasing, stable dividends that will outpace inflation. It's done it for decades, and I have a good feeling it will continue to do so for many more..