financelg

financelg OP t1_iuamr97 wrote

Reply to comment by harrisc42 in So apparently I-Bonds are a bust for this fledgeling investor. Are stock dividends the way to go? by financelg

If what you’re describing is the same as what I’ve been instructed to do with Principal, the guys who handle my company’s 401k

basically “Tell them to invest your money into a mutual fund”

I’m already in the process of instructing them to do exactly that. Are you suggesting I have a separate amount that I give to a mutual fund like Fidelity or something on my OWN?

−3

financelg OP t1_iuakhft wrote

Reply to comment by Citryphus in So apparently I-Bonds are a bust for this fledgeling investor. Are stock dividends the way to go? by financelg

So if I DO buy stock in large part for the divided payments, buy say, Coca Cola or something?

A company that is a “dependable”, blue chip stock that’s less likely to do this?

edit: because I figured that a lot of companies, especially if they’re not clear leaders in their respective industries can probably “talk a big game” with things like dividends and wave money around... but if their earnings reports are ever on the rocks the dividends are probably the first things to go

−2