Replies to post #899 on insane dividends

[bar1080]

I'm extreme in that I generally only invest in NYSE stocks and those audited by Big Four CPA firms.

Enron and Arthur Andersen aside, investors would have saved themselves a lot of money if they had given wide berth to NASDAQ stuff especially during the late 90s. Even today I see utter garbage listed on the NASDAQ. Heck, most investors have forgot that the NASDAQ average is still well below its March 2000 peak. And huge numbers of the worst stocks were delisted in the 1999-2002 period. Small cap averages don't reveal the worst of the tech crash. And the Dow and S&P that most see, don't include dividends. Blue chips do better than most new investors realize.

Don't mean to criticize this group. The goal is laudable. I've spent a good part of the past several months seeking higher yielding stocks. But with few exceptions, my basic SPY ETFs and such are far outperforming ultra-high yield stocks overall.