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UPS Retirement Topics
UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="Benben" data-source="post: 1101958" data-attributes="member: 25133"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p>This is just 2 different approaches. I have a full time job that I love. I do not have the time to babysit my investments every hour of every day. I can "speculate" on a particular stock, that it will increase in value or I can gamble on options. My perfered method to beat the .01% intrest offered for savings accounts is to do a little homework (about 1 hour a day as I try to wind down from a 12 hour delivery day) and put my hard earned money into divi stocks. I pick companies with track records of increasing dividend payments and solid financials (kind of like UPS stock.) I will set stop-loss limits and then collect the dividends. I will put my holdings into an app on my phone and at lunch I'll pull up that app and see if there is any current news about that stock- learned this leason from my first purchase pf PTNR. The difference in our approaches is that I don't really care what my stock did that day or even week/month or year. I look at the yield I received for my money invested. low entry points for a higher yield is what makes me smile. </p><p></p><p></p><p>History tells us that the market will always go up if you have a long view point. Divi stocks will go up with the market, maybe not as large or as fast as a growth stock, but they go up. The dividend magnifies this capital growth with less volatility. For every bear "expert" you list I can list a bull "expert." you links are just opinions of so called experts.</p></blockquote><p></p>
[QUOTE="Benben, post: 1101958, member: 25133"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] This is just 2 different approaches. I have a full time job that I love. I do not have the time to babysit my investments every hour of every day. I can "speculate" on a particular stock, that it will increase in value or I can gamble on options. My perfered method to beat the .01% intrest offered for savings accounts is to do a little homework (about 1 hour a day as I try to wind down from a 12 hour delivery day) and put my hard earned money into divi stocks. I pick companies with track records of increasing dividend payments and solid financials (kind of like UPS stock.) I will set stop-loss limits and then collect the dividends. I will put my holdings into an app on my phone and at lunch I'll pull up that app and see if there is any current news about that stock- learned this leason from my first purchase pf PTNR. The difference in our approaches is that I don't really care what my stock did that day or even week/month or year. I look at the yield I received for my money invested. low entry points for a higher yield is what makes me smile. History tells us that the market will always go up if you have a long view point. Divi stocks will go up with the market, maybe not as large or as fast as a growth stock, but they go up. The dividend magnifies this capital growth with less volatility. For every bear "expert" you list I can list a bull "expert." you links are just opinions of so called experts. [/QUOTE]
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UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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