Is Buying Bonds Really a Good Idea? [View article]
On Dec 31 10:36 AM Alex Filonov wrote:
> Bond don't make sense when you can have 7-8% dividend investing in > great companies. Altria, ultimate recession proof company, pays 8.5% > dividend!
That is about what the YTM would be on 10 yr Altria debt and the interest/principal payment is not discretionary like a dividend. A lot of good companies have had great dividend yields until they were cut.
Is Buying Bonds Really a Good Idea? [View article]
> Bond don't make sense when you can have 7-8% dividend investing in
> great companies. Altria, ultimate recession proof company, pays 8.5%
> dividend!
That is about what the YTM would be on 10 yr Altria debt and the interest/principal payment is not discretionary like a dividend. A lot of good companies have had great dividend yields until they were cut.