Tuesday, May 1, 2018

Some people work for money. I would rather let money work for me.

"For yield-hungry investors who don’t already hold a lot of AT&T shares (in relation to the size of their investment portfolios), the stock looks attractive. The company appears to have plenty of cash flow to support significantly higher dividend payouts. Verizon is also covering its dividend comfortably, but the yield isn’t as attractive and its free cash flow yield has been considerably lower than AT&T’s."
-- Wall Street Journal

I'm a "yield-hungry investor" and I've been buying shares of AT&T every chance I get. I hold my shares for life. For me stock market crashes are good thing because they are buying opportunities. I'm only in it for the dividend income.

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