Quote:
Originally Posted by Wellness
I have roughly 8k in a Roth IRA on the sidelines.
I thinking of buying aapl and F...
I think stocks are the better route then mutual funds.
What are some top inflation stocks to get into.
Are dividend stocks the best way to go?
I am absolutely confused and don't want to trade
stocks bi-weekly and chase.
Thank you.
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Yes, dividend stocks are the best way to go.
Buy a company that leads in their business sector, and make that sector something that people will always need. Consumer staples (food, beer, cigarettes), pharmaceuticals, energy and such are essentials. Consumer discretionary (cars, airline travel, consumer electronic junk) are NON-essentials.
Some companies have been around so long, and continue to dominate their markets that you can buy and
almost forget. No need to trade-and-chase, which you stated as something you want to avoid.