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3 Reasons I’ve Bought $120,000 Of This 9.6% Yielding Blue-Chip For My Retirement Portfolios | The Mesh Report

3 Reasons I’ve Bought $120,000 Of This 9.6% Yielding Blue-Chip For My Retirement Portfolios

Dividend Sensei March 31, 2021 Comments Off on 3 Reasons I’ve Bought $120,000 Of This 9.6% Yielding Blue-Chip For My Retirement Portfolios

Today’s overvalued market is full of dangerous bubbles that threaten your retirement dreams.

I recently sold all of our VIAC shares days before the price collapsed 50%. Most bubbles don’t end this quickly, but all bubbles eventually end.

Blue-chip anti-bubbles also eventually end, as long as companies grow faster than is priced into the stock.

Today, this 9.6% yielding blue-chip represents the highest safe yield on Wall Street, protected by very stable cash flows, and a fortress balance sheet.

It’s 38% undervalued, trading at under 9X cash flow, and priced for 0.2% CAGR long-term growth, while analysts expect 20X faster growth.

It’s a Buffett-style “fat pitch” that I’ve bought about $120,000 worth over the past six months for my retirement portfolios.

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