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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (29271)12/16/2007 5:02:23 PM
From: SI Bob  Read Replies (3) | Respond to of 78748
 
Yes, I have to admit the very high dividend yield on ACAS gives me pause because the first thing I noticed about Worldcom was a lofty dividend. Fortunately, I didn't buy. And just as fortunately, one thing ACAS has been very reliable about is increasing its dividend.

Regarding car stocks, now that you mention it, it's surprising I'm not invested in more of them. I'm a proponent of sticking primarily with industries you understand, and the better you understand an industry, the more active you should be in it.

However, I only own one automotive stock. F. Have owned it seemingly forever. And it's one I simply ignore. Though I should reconsider. It's been dead money for ages. And I haven't personally bought a new American car in quite a while. I did get a new 05 Chevy pickup a while back, but have bought 4 Subarus (including a Tribeca last weekend and have ordered an 08 WRX STi, which will be Scoob #5), a Toyota Camry Hybrid and a Honda Civic Hybrid more recently. And a used 94 BMW 530i and 70 Datsun 2000 Roadster. Man, it's been ages since I've bought American! I'll likely be buying a used Ford with the 7.3l Powerstroke in the next few months, but that's not enough to say I like American cars or their manufacturers.