What Did You Buy Today?

[ken-do-nim]

(08-21-2021, 07:45 PM)stockguru Wrote: Don't give up on MO so easily. That and PM are some of my biggest holdings. I am fine if it stays at this $48 dollar level and just live off the dividends. But the chart looks good now and that 50 and 100 MDA are positive and this stock is about to break out. When that news hits down to the road that Weed is now legalized in all states this stock will see $60 and above. I have no reason to sell. Yes its a sin stock but when you can make 4k on dividends I have no reason to sell. Since we do we drop a great dividend aristocrat that has consistently raised their dividend ?

And I will take nice and steady over any 3 x leveraged ETF 

I certainly didn't sell MO because of financial reasons; it was going great for me, and it paid dividends in that 1/4/7/10 month slot that now could really use a replacement.  And I totally agree it has a bright future given cannabis.  And honestly, I have less of a problem with cannabis than with tobacco, as the latter is cancer-causing.  I just want to be able to cheer when news reports come out that say less teen agers are smoking cigarettes, if that ever happens.

I'm looking at CIM Chimera Investment to replace MO with in that 1/4/7/10 dividend cycle.  When covid hit they dropped their dividend from $0.50 to $0.30, but now they've started to increase it again at $0.33.  But I still know very little about this stock.  FSK is another possibility.  On the traditional DGI side, I will get CSCO back and probably increase STX.  KMB Kimberly Clark is another option but I know very little about them.