Quote:
Originally Posted by 3798j
This morning, one of my longtime, conservative favorites, Verizon, was kindly reviewed by GoldmanSachs...
"Goldman Sachs added Verizon to its “Conviction Buy” list, saying it offers investors the most attractive combination of total return and risk, thanks to the stability of its wireless business."
Verizon is one of those boring, high dividend (4.8%), stable stocks. Plus, you don't need a brokerage account to purchase. They have both a direct buy program ($250 buy in) and a dividend reinvestment plan. I've owned it for decades now...bought the baby Bell, NYNEX, which subsequently became Verizon. It's been a winner, has manageable debt, good management, and a solid future.
https://www.verizon.com/about/invest...owner-services |
Serious question.
Comparing VZ to something like SWPPX (Schwab Index Fund for S&P), wouldn't I make out better in SWPPX? Or no? Compared it from 2003 until now.