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Re: Dividend Increases 

By: Decomposed in POPE 5 | Recommend this post (2)
Mon, 08 Apr 19 3:23 AM | 109 view(s)
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Msg. 29695 of 62138
(This msg. is a reply to 29693 by Zimbler0)

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Zimbler0:

Re: "What is inflation going to be the next few years?"
Ah, using my own line against me, I see! LOL. My circumstances are a little different than they have been in the past. I've got significant cash outlays coming at predictable points down the road, so I need to store money somewhere safe where, on the designated dates, I can pull it out again at a gain, not a loss. There's no such confidence with the stock market these days. I fear a 20 to 50% pullback. That kind of narrows my options down to CDs and savings accounts. Savings accounts pay next to nothing these days. So I'm buying CDs.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Dividend Increases
By: Zimbler0
in POPE 5
Mon, 08 Apr 19 2:38 AM
Msg. 29693 of 62138

Decomposed > Of late, I've been buying CDs. 2.8 to 3%. No risk.


De,
What is inflation going to be the next few years?

One thing I have noticed, is that inflation seems to
be eating the value of cash . . . outpacing what
banks will pay in interest . . . bonds do not seem to
have that 'growth in income' necessary to outpace
inflation.

Am I wrong? But I believe a well diversified portfolio
of conservative minded companies that like to increase
their dividends every year will give me the most likely
future happiness.

I've mentioned Dominion Resources - also known as Dominion
Energy. Ticker = D . The current dividend yield is 4.4%.
They pay out four times a year. And they have a direct stock
purchase plan.

http://stockplans.broadridge.com/Plan/Summary?planId=148&Ticker=D

The transfer agent is called 'Broadridge'.
One can download the prospectus (which details the plan) and the
application form at the link above.

Zim.

P.S. 'The End of the World As We Know It' means all bets are off.


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