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Politics : Politics for Pros- moderated
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To: skinowski who wrote (739590)1/31/2021 3:05:34 PM
From: Maple MAGA 1 Recommendation

Recommended By
skinowski

   of 793974
 
Your advice is sound.

I have a basket of 3-4 speculative stocks that take up to 35% of my portfolio, the balance pay dividends.

During the early months of Covid I dumped all my bank stocks in favour of one pipeline stock that pays a great dividend. I doubled on the share price but I’m not concerned with that I’m only interested in the dividend. When I make money on the spec-side or receive a dividend I reinvest in dividend paying stocks. For me unless it pays a dividend it is a speculation and not an investment.
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