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To: cloudmountain
Stock market = crap shoot. I personally prefer the crap table. The chance of winning are ALMOST one in three.


23 posted on 11/20/2019 5:51:21 AM PST by DCBryan1 (Quit calling them liberals, progs, socialists, or democrats. Call them what they are: COMMUNISTS!!!!)
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I'm a broker....done very well for myself and clients. We are very conservative and most clients are banks and insurance companies that have to buy tax free munis as collateral against their loans.

However, rates are terrible right now and that 3% bond due in 2040 at a discount is something you will own to maturity.

For the last two years we have been investing in dividend paying stocks with a 4 handle payout. XOM, D, SO, T, etc.

Basically, we only buy stocks of companies with good balance sheets, good CEOs, and good history of dividend increase/payout.

On top of all that is the CAVEAT that we only buy stocks (pfd) and corporate bonds of companies that SOROS and CHINA CANNOT undermine.

BTW...when T got near 40, we sold 25% from all accounts. We nearly doubled our money and T is having a little trouble. We rolled the money into D, MRO, XOM, PYPL, and TWTR, other growth stocks.

24 posted on 11/20/2019 5:57:50 AM PST by DCBryan1 (Quit calling them liberals, progs, socialists, or democrats. Call them what they are: COMMUNISTS!!!!)
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To: DCBryan1
Well, you had a DANCER making the comment, which just shows you how stupid is YOUR remark.

Ole Fred would've TAPPED it out, dingbat.
He might even had Ginger tapping it out with him.

May God bless you.

26 posted on 11/20/2019 7:59:15 AM PST by cloudmountain
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