ripvanwinkle
Well-Known Member
Joined: Jan 9, 2011 22:36:42 GMT -5
Posts: 1,446
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Post by ripvanwinkle on Jul 28, 2018 15:55:42 GMT -5
Have I missed the investing boat? Finally, after a long civil legal battle, I'll be getting a settlement of close to $30K. Over the last 8+ yrs I've fancied/dreamed of investing in stocks like Google, Amazon, Facebook and some others that now are sky high. Would have been real nice. Since I can't afford these and being close to retirement maybe 2 yrs, I'll be looking elsewhere to put my money. I do have a Roth IRA, some stocks and a regular IRA. Sadly though, I have not been able to contribute to them due to this legal battle over the years. I think I should look for dividend stocks or funds for income. But I could park it in a 5yr CD or just add it to my "emergency" fund.
Any suggestions are welcome. |
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buystoys
Junior Associate
Joined: Mar 30, 2012 4:58:12 GMT -5
Posts: 5,650
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Post by buystoys on Jul 29, 2018 9:14:48 GMT -5
I'd contribute to the Roth and then I'd probably put the rest in Vanguard's Wellington fund as a taxable account and just leave it there until needed. It's always nice to have something to tap in early retirement that isn't part of your IRA or 401(k) funds to avoid paying the taxes on them. |
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tyfighter3
Well-Known Member
Joined: Dec 20, 2010 13:01:17 GMT -5
Posts: 1,806
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Post by tyfighter3 on Jul 29, 2018 15:57:33 GMT -5
Look at EPD. Pays around 6%. Do your DD then tell me what you think.
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ripvanwinkle
Well-Known Member
Joined: Jan 9, 2011 22:36:42 GMT -5
Posts: 1,446
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Post by ripvanwinkle on Jul 30, 2018 0:00:40 GMT -5
Look at EPD. Pays around 6%. Do your DD then tell me what you think. Do you mean EuroPac International Dividend Income? Its got a 1 star rating |
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tyfighter3
Well-Known Member
Joined: Dec 20, 2010 13:01:17 GMT -5
Posts: 1,806
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Post by tyfighter3 on Jul 30, 2018 11:41:09 GMT -5
No, it's Enterprise Products Partners.
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Bluerobin
Senior Associate
Joined: Dec 20, 2010 14:24:30 GMT -5
Posts: 17,345 
Location: NEPA
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Post by Bluerobin on Aug 6, 2018 8:14:59 GMT -5
Look at utility stocks for dividends, although they have also appreciated over the past few years.
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Deleted
Joined: Nov 24, 2024 7:22:54 GMT -5
Posts: 0
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Post by Deleted on Aug 7, 2018 17:57:34 GMT -5
Look at utility stocks for dividends, although they have also appreciated over the past few years. True, though as "Value" investments they have been getting stepped over , around and past; given of course that most folks only want Momentum Equity names, fast movers and still love their F.A.A.N.G. train...
"Value" will come back to fashion; once folks start taking it in the a*** from the "Boogie & Shake" fast movers..... All things in time.. Looking where others are ignoring or not looking, while they act clueless is in my experience the smart move.
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