Tim Platt
Living on dividends is extremely complicated, not only because you need a huge capital to invest, but also because you have to choose the right companies in which to do so. Relying on yield alone is a very common mistake and
Altria: A Must-Have If You Want Passive Income Right Away
Summary
- Altria is one of the best companies to build a high passive income right away. But growth is the weak point.
- Philip Morris is the company to beat at the moment, but NJOY and on! could gain new market share in the coming quarters.
- Since I expect a slowdown in tech stock valuations, it may be a convenient time to add companies with stable cash flows. Altria is one of them.
Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading. That was the spark that introduced me to a new world, but over time I realized that it was not my path: too many charts, lines, and not very concrete concepts for a pragmatic person like me. I needed something different and that I found in fundamental analysis. It is a totally different approach and one that evaluates the actual results achieved by a company rather than the candlesticks made by its price per share. That was the turning point for me and I have not stopped learning ever since. I mainly invest in stocks and ETFs; I prefer US companies but I often analyze European or Chinese companies as well. Being young, my investments always have a very long-term view; I often take a contrarian view. One of the sectors that interests me the most is banking, as I believe it is fundamental to understanding the health of an economy. I am also interested in Macroeconomics.Seeking Alpha is a way for me to express my opinion and meet new people. My articles are intended as pure entertainment and I hope you will find them interesting.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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