Building a Dividend Portfolio (Basic Income): GORO, PEGI, VALESubmitted by jaktober on Wed, 07/16/2014 - 18:49
Anyone have any other Dividend Stocks they like? Should we be talking about this stuff the same way we talk about Gold and Silver (GORO is a Gold and Silver mining company that pays out a monthly dividend, in Silver or Gold if you ask).
I just started getting into this. I look back and see how well off I'd be if I had even $1000 to invest after the 2008 crash.
Any specific Stocks you want to share?
I am going to a target goal of building a porfolio that'll pay me out a Basic Income (which in the U.S. is proposed at something like $1000/month).
I think, in addition to promoting a welfare reform program like Basic Income, that we should also educate people on how to build their own Basic Income whether or not we get one passed through Congress (I understand many on here have issues with a Basic Income, but it very much has libertarian/conservative roots, and basis in Science, and has shown to build local economies incredibly fast).
So high dividends are important, but so is sustainability (so things like SDT, SDR, MMTRS are skeptical investments).
Right now I'm looking at GOV and WY as post "crash" investments, and also some financial invests at that time. In the meantime, I'm debating "ethical investments" and whether something like RAI is really long-term (in my opinion is based on whether they transition into the Cannabis Industry, or, as their CEO said, remain in Tobacco solely).
I also am planning on going into GOE whenever I have enough Yield to justify the costs of holding Foreign Stocks.