TBrown
Wolf of Beale Street
- Joined
- Feb 4, 2009
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Really like NRZ, especially in that space. I know our research had a price target of $20/share on it at end of Q3 when it was in the $17 range, now I think it’s in the low teens.
I’ve actually been having a lot of discussions about Scott’s specifically because of the cannabas angle but that is an extremely long play idea. If that’s your time frame, I really like it though.
As for Altria, if someone doesn’t have any sort of moral objection to owning it, I’d never recommend against it. Hard to argue against anything that consistently pays that kind of dividend for as long as they have.
Although it’s not an overly exotic approach, I’ve still yet to have anyone prove to me why valuing dividends will ever treat you poorly. I wish people would pay me just for owning other things in my life.
I’m up to 35 stocks in my self managed portfolio and 31 pay dividends. I can’t bring myself around to MO and PM.
My timeframe is as long as it gets. I hope to build enough of a brokerage account through investment and dividend re-investment to live off of and with a little (likely in a trust) managing, my heirs to live off of. So on and so forth.