07-06-2020, 03:37 PM
(07-06-2020, 12:23 PM)lucas03 Wrote: M and F, I just thought they are too cheap and I don't see them going bankrupt that easily. Why don't you like tanger? I think I saw a lot of intestors here buying it as well.
Just depends on what type of portfolio you want to run. A dividend growth portfolio has the words "dividend" and "growth" in it, so those should be relevant to what you decide to hold.
F, SKT, and M all have suspended their dividends, and all were struggling to produce growth before the pandemic ever hit. I would consider all of them speculative turn-around plays more than DGI type investments right now. CTL is another that has cut the dividend multiple times, has currently frozen it, and has weak financials that will likely lead to another cut down the road. BA may have a hard time growing due to the debt load it's added during the 787-max issues and ongoing crash in worldwide travel.
Being a young investor, I'd focus more on the growth than the yield at this time. Stick to high quality companies with long track records of growth and high credit ratings and you will do well in the long run. You do hold some of these already in your portfolio, AAPL, ABBV, DG, MA, NEE, NKE, SBUX, V for example. The hard part now is most of those high-quality companies trade at very high valuations.
This pandemic is teaching all of us lessons about investing. The important thing is to learn from the mistakes and keep growing as an investor so we can hopefully avoid them again in the future.
Best of luck!
Eric