Posted: 10/9/2012 12:20:28 AM
QUOTE Originally Posted by WingerWins:
what solid dividend paying stocks would you recommend? Thanks for the insight to both of you
Hardly any because any solid dividend payer has been bought up already due to the terrible alternatives out there.
So since the stock market is so highly priced and rates are so low, decent dividend stocks are already owned for that dividend.
If you want a good dividend stock then research what you want and wait for it to come in with the market..so if you like JNJ and think their dividend is good then keep it on your watch list and be ready when it comes in with the market.
Make a list and wait for an opportunity where that 3.5% yield turns into 5% if the market drops..thats the kind of investing approach I would suggest.
If you want to take a risk then look at stocks that have a higher dividend but are more risky and roll the dice...
Yahoo finance has a good stock screener where you can research stocks based on their dividend yield.