I work in a ER. Addiction, is job security. I have invest, in MO, BTI. Only thing I own more of is my index funds connected to my retirement 401k like account. Because there I can not buy individual stocks. My Cost Basis has my dividend payout at over 10%, after this last dividend increase. Like oil only buy the dips.
Thanks for sharing your thoughts on this space! That's great your yield on cost has topped 10%. I think it'll keep going higher, at least in the medium term. And hopefully MO can find ways and/or maintain enough financial flexibility to adapt more quickly to an increasingly smoke-free future, if needed. Thanks again for watching! - Brian
@@simplysafedividends you are likely correct that a transition to safer stocks are needed over years. It's watching the political winds. The age restriction to outlaw in the UK is my canary in the coal mine. If that law fails I'll like have it forever. Now that Google has a dividend I'll use my tabacco dividend to buy Google under $200, as my next position I am building. Timing and market determine my actual buys and selling. I will be able to afford retirement.
Thank you for your encouragement and support! I'm really glad to hear you've enjoyed the videos so far. I'm definitely an amateur but promise to keep learning and doing my best :) - Brian
Thanks, Katie! Safety and 9%+ yields rarely go together outside of market panics. Altria may prove to be no exception in the years ahead. Luckily, there are plenty of other quality dividend payers out there today. Thanks again for your comment. - Brian
Thanks, David! Glad to hear the video helped you gain some conviction on your path forward with MO. I ended up parting with my shares earlier this month. - Brian
Thanks for watching and for your suggestion! I will keep HTGC in mind for a future video. I think it's one of the better BDCs out there (though understand the industry is highly cyclical). Moderate-to-low leverage, no direct exposure to industries sensitive to commodity prices (e.g. oil & gas, metals and mining), avoids complex securities such as collateralized loan obligations (CLO), focuses primarily on first lien senior secured debt (which gets paid back before all other debt and equity holders). Just note that variable-rate lenders like HTGC have benefited from the high rate, low credit loss environment. The best time to buy is during bouts of fear about a recession, when BDCs get hammered. - Brian
I work in a ER. Addiction, is job security. I have invest, in MO, BTI. Only thing I own more of is my index funds connected to my retirement 401k like account. Because there I can not buy individual stocks. My Cost Basis has my dividend payout at over 10%, after this last dividend increase. Like oil only buy the dips.
Thanks for sharing your thoughts on this space! That's great your yield on cost has topped 10%. I think it'll keep going higher, at least in the medium term. And hopefully MO can find ways and/or maintain enough financial flexibility to adapt more quickly to an increasingly smoke-free future, if needed. Thanks again for watching!
- Brian
@@simplysafedividends you are likely correct that a transition to safer stocks are needed over years. It's watching the political winds. The age restriction to outlaw in the UK is my canary in the coal mine. If that law fails I'll like have it forever. Now that Google has a dividend I'll use my tabacco dividend to buy Google under $200, as my next position I am building. Timing and market determine my actual buys and selling. I will be able to afford retirement.
Brian -- these videos are great! Keep on crushing it with SSD!
Thank you for your encouragement and support! I'm really glad to hear you've enjoyed the videos so far. I'm definitely an amateur but promise to keep learning and doing my best :)
- Brian
Great analysis. Thanks!
Great video. I never trusted Altria in my portfolio at my age, as Im more into safety. Really appreciate what you do.
Thanks, Katie! Safety and 9%+ yields rarely go together outside of market panics. Altria may prove to be no exception in the years ahead. Luckily, there are plenty of other quality dividend payers out there today. Thanks again for your comment. - Brian
Great video Brian, very timely as I'm considering dumping my MO holdings. Especially enjoyed the history of tobacco, nice content.
Thanks, David! Glad to hear the video helped you gain some conviction on your path forward with MO. I ended up parting with my shares earlier this month.
- Brian
I hope.lots of people are selling. It gives me opportunities to buy when it drops below my Cost Basis.
Thanks Brian!
You're welcome, Charles. Thanks for watching! - Brian
Could you please do htgc? Thanks Brian.
Thanks for watching and for your suggestion! I will keep HTGC in mind for a future video. I think it's one of the better BDCs out there (though understand the industry is highly cyclical). Moderate-to-low leverage, no direct exposure to industries sensitive to commodity prices (e.g. oil & gas, metals and mining), avoids complex securities such as collateralized loan obligations (CLO), focuses primarily on first lien senior secured debt (which gets paid back before all other debt and equity holders). Just note that variable-rate lenders like HTGC have benefited from the high rate, low credit loss environment. The best time to buy is during bouts of fear about a recession, when BDCs get hammered. - Brian
Thanks. I will be happy to watch htgc. Thanks again.