Building a nest egg takes time, and part of its care and feeding is the oldest line in the investment book: Don’t put all your eggs in one basket.
Sound advice now and for the future. Finding stocks that have paid dividends virtually forever like Johnson & Johnson (NYSE:JNJ) and Exxon Mobil (NYSE:XOM) is great, but after the most recent stock market run-up, investors are a little leery of some of the sky-high prices these champions want for your share of wallet.
How about if we expand our vision out to some strong dividend players, each in different market segments, none over $40 per share and all with solid dividend yields that well exceed the boredom of Treasuries?
Putting your money to work with these players will provide long-term dividend benefits at what might be considered certainly reasonable prices, if not bargains.
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