Dividends: There's No Such Thing as a Free Lunch on Wall Street [View article]
As valuations have collapsed, dividend yields have dramatically increased--across the board. Granted there is no guarantee that these dividends will not be cut as there is no guarantee that we are indeed not headed into another depression. But lets take for example the pipe line companies. Many if not most are now paying north of 10%. Is natural gass usage going to be dropping dramatically? Actually, there is some reason to believe that natural gas usage is actually going to increase. As for Cintolo's growth stocks, how many has he actually made money on in the past 10 years?
Just for fun let's compare one pipe line to one growth stock over the last 10 years.
Dividends: There's No Such Thing as a Free Lunch on Wall Street [View article]
Just for fun let's compare one pipe line to one growth stock over the last 10 years.
CSCO -1.5% return PAA +13.4% return.