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3 Reasons I’ve Bought $120,000 Of This 9.6% Yielding Blue-Chip For My Retirement Portfolios

3 Reasons I’ve Bought $120,000 Of This 9.6% Yielding Blue-Chip For My Retirement Portfolios

Posted On March 31, 2021 3:51 am
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Today’s overvalued market is full of dangerous bubbles that threaten your retirement dreams.

I recently sold all of our VIAC shares days before the price collapsed 50%. Most bubbles don’t end this quickly, but all bubbles eventually end.

Blue-chip anti-bubbles also eventually end, as long as companies grow faster than is priced into the stock.

Today, this 9.6% yielding blue-chip represents the highest safe yield on Wall Street, protected by very stable cash flows, and a fortress balance sheet.

It’s 38% undervalued, trading at under 9X cash flow, and priced for 0.2% CAGR long-term growth, while analysts expect 20X faster growth.

It’s a Buffett-style “fat pitch” that I’ve bought about $120,000 worth over the past six months for my retirement portfolios.

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About author

Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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