8 High-Yielding Stocks for Income Investors [View article]
Often, articles about high-yielding stocks don't warn the readers enough about the danger that such stocks can drop in value substantially. The author, Robert Nabloid, finally mentions that fact in response to comments rather than in his main article.
Comment by "I'm a moron" is indicative of this. Buying GOOG for dividends??? That's the first time I have heard of this.
Chasing only dividends is hazardous to your portfolio. In many cases, especially in a bear market such as now, the dividend yields look tempting only because the share prices have tumbled and *NOT* necessarily because those are GOOD companies paying GOOD dividends.
Some commentors have echoed this reality in this thread.
8 High-Yielding Stocks for Income Investors [View article]
Comment by "I'm a moron" is indicative of this. Buying GOOG for dividends??? That's the first time I have heard of this.
Chasing only dividends is hazardous to your portfolio. In many cases, especially in a bear market such as now, the dividend yields look tempting only because the share prices have tumbled and *NOT* necessarily because those are GOOD companies paying GOOD dividends.
Some commentors have echoed this reality in this thread.