freddie

Bye-Bye Dividends

On Nov 03 01:41 PM coolsoupy wrote:

> Uh - I can't work - how else do I get monthly checks besides dividends?

Coolsoupy,

I too am retired. If "dividends" mean the bulk of your life's capital is in equities, that's a lot of risk since you can't earn it again. Besides having dividend paying stocks or stock funds, there are municipals, particularly very safe tax free state bonds, several kinds of Treasury notes and bonds, and plain old FDIC insured CDs. You don't need a fund to own them and pay no commissions. Also, in recessions, not only does the stock price take a hit, but dividends can and will be cut. So just suggesting that diversification means divident paying stocks but a good percentage in other investments that just about insure your principal. JMHO.

Bye-Bye Dividends

Wow, Famos, at least you honestly express your prejudice and warped, distorted view of just who has been "taking the Workers earnings."

And to the others that claim to live solely off dividends, you need to quickly reexamine the word "diversification."