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bar1080

08/08/22 1:59 PM

#202299 RE: moonapehodl #202298

What IHUbers call "Dividend Plays" are rarely smart investments. Stocks with substantially above average dividends are usually below average dividend payers over the long haul; sometimes they're scams preying on naïve and desperate retirees. In fact I assume any company paying over about 6% is probably deeply troubled.

I'm quite happy to have a large position in Berkshire Hathaway (BRK) which pays no dividends. Despite that, it's performed very well over the years I've owned it.

For income, safety and appreciation, it's damn hard to beat an S&P 500 index fund. Need cash? Just sell off a few shares. (commissions are usually free nowadays.