Explanation of another longer term strategy .... the "dogs of the Dow"....
This is a pretty simple strategy that has worked out well for folks and even more so when looking at after tax gains. Basically, just buy the 10 highest (dividend) yielding Dow stocks at the beginning of the year, collect the divies, and then sell 'em after a year and buy the "new" top 10 yielding Dow stocks.
Simple, isn't it?
You can do the same with what is sometimes referred to as the "puppies of the Dow", which is the same strategy but you only play the top 5 yielding stocks. And over the past 40 years, this strategy has produced and ave. annual return of around 21% ! ! !
It is a very simple way to invest that has proven itself over and over and still frees up your time to make more money elsewhere!
Is your longer term strategy returning that much to you?