Replies to post #28 on Dividend Stocks

[gfp927z]

Bar1080, I mainly just use these I-Hub boards to store info and articles on favorite stocks in various sectors. For dividend stocks I mostly use the Vanguard High Dividend ETF (VYM), but it's also fun to pick your own and put them into a custom ETF over at Motif Investing.

I had a number of energy related stocks in my first custom ETF, and those got clobbered, though have partially recovered. Also the 2 private prison stocks (CXW and GEO) got nailed, but they've been coming back. The 2 large drug stocks (AZN and GSK) I included mainly for the dividend, but the stock performance has been lackluster. Otherwise most of the picks have done well - utilities, REITs, some consumer stocks and a few telecoms.

Still, better off leaving the bulk of one's money in the Vanguard High Div ETF, boring but the dividend over 3% and no jarring surprises, and you can buy incremental amounts with no commission.

I see you follow Buffett/Berkshire. I was somewhat surprised to see his purchase of Precision Castparts, but he clearly knows what he's doing. Peter Lynch is another great one to emulate, especially his focus on dull/boring areas that are highly profitable. I remember in his book 'One Up on Wall St' he discussed one of his all time best picks -- a company that owned a rock quarry. Can't get much more boring than that, but it was an extremely profitable niche. He also liked some of the waste disposal companies.