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  • Looking Forward to More Dividend Increases Like Johnson & Johnson's [View article]
    Many companies cut their dividend to conserve cash. In most instances, this was a prudent move. So many companies have massive debt to refinance every so often. Now, they are having trouble getting their loans rolled over, and are having to come up with cash to retire it. In the long run, this should make those companies much more valuable. I fear investing in the irresponsible financial companies who gambled their shareholders money on derivative games. I don't know why the managements of all these companies, including BAC and MS have not been replaced. Forget them, buy and hold companies like KO, PG and JNJ. In 20 years you will be quite wealthy.
    Apr 26 23:10 pm |Rating: +3 0 |Link to Comment
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