Stock Investments

[Lethedethius]

Way off topic I got it, anyone invest in any worthwhile stocks that produce dividends?

I'm going to start my investing soon and would like to build a quarterly or bi-annual income that could within the next 10 years pay my house note for a month ($600'ish) ...

I'm looking for more of in the $10-$30 per share range, but I could look at up to $75.

Anyone got any feedback if Google or Tesla will start paying dividends? I've been hunting but I've found nothing so I've not wanted to invest in them...

 

[Lethedethius]

Oh anyone know of any good FREE software to help in stock research and making choices?

 

[Minty]

Haven't really looked at SOFTWARE.... But investing is one of those things where word of mouth is a horrible way to locate good investments. When people start talking about a good stock you own, it's probably time to sell. As for dividends, Moody's is doing pretty well at 1.4% return and $.34 in quarterly dividends a share. Proctor and Gamble is looking super stellar at $3.80 a share with $.68 in quarterly dividends. 3.5% yield doesn't hurt either. That being said, I usually look for cheaper stocks with high dividend return because... Y'know, College.

With a $600 monthly payment, then you're looking at $1800 a quarter in dividends alone, minimum. That's taking fees out of the equation of course... So depending on your firm, you're looking at more.

If you have that kind of money to invest, you should really be looking for a Fiduciary. Way better than a typical broker. Rather than getting paid for pointing you towards mutual funds and stocks, they get paid per session. Research a good fiduciary advisor and meet with him/her a couple times. They'll help you slowly get into the market when the water feels nice.

 

[Snipeye]

Don't forget that dividends are taxable as well at 15%. So you're looking more at around $2120/quarter in dividends before taxes, assuming your taxable income is not greater than $400,000/yr.

As for Google/Tesla, if they were going to start giving dividends, you would have heard about it by now and their stock prices would have already adjusted accordingly (meaning JUMP HIGH).

The safest dividend stocks are those with a long history of making their payments without missing them, so that's a majority of blue chips and the DOW. However, A Nudist Colony gave good advice; a fiduciary may be more of what you're looking for instead of the atypical index or mutual fund. If you're looking to try and make long-term gains on investments and want to do it yourself, however, I'm using TradeKing.com. Been with them for about 3 years now; requires a minimum of 1 trade per year, $4.95 per trade (meaning if you buy 1 stock or 100 stocks, it's $4.95)(also depends on volume as if you're doing 10k stock trades, then you're in a different pay category). If you're interested in that and want to do the referral, we both get $50 per its terms.

Good luck to you.

 

[Tanooki]

Haven't really looked at SOFTWARE.... But investing is one of those things where word of mouth is a horrible way to locate good investments. When people start talking about a good stock you own, it's probably time to sell. As for dividends, Moody's is doing pretty well at 1.4% return and $.34 in quarterly dividends a share. Proctor and Gamble is looking super stellar at $3.80 a share with $.68 in quarterly dividends. 3.5% yield doesn't hurt either. That being said, I usually look for cheaper stocks with high dividend return because... Y'know, College.

With a $600 monthly payment, then you're looking at $1800 a quarter in dividends alone, minimum. That's taking fees out of the equation of course... So depending on your firm, you're looking at more.

If you have that kind of money to invest, you should really be looking for a Fiduciary. Way better than a typical broker. Rather than getting paid for pointing you towards mutual funds and stocks, they get paid per session. Research a good fiduciary advisor and meet with him/her a couple times. They'll help you slowly get into the market when the water feels nice.

I don't think I'd take advice from someone named "A Nudist Colony". They obviously can't afford clothes.

 

[HaloRacer]

I own shares in McDonalds, Chevron, Colgate, Lockheed, and Disney. The first three are my relatively stable big company dividend stocks. Lockheed has a good dividend as well, and Disney I bought for growth.

Getting to your $600 per month goal will likely need well over $100,000 invested in high dividend stocks.