I’ve mentioned in a post or two that the advice you get will vary greatly based on where you are looking. I get my advice from three main places and I try to employ strategies from all of them:
- Bigger Pockets for real estate advice
- Real estate advice with the belief that you should only use retirement accounts for a company match
- Reddit’s Personal Finance Subreddit for general advice
- Big into index funds and not owning individual stocks
- Various Dividend Investing Blogs
- Promote individual stocks that pay dividends
With all that being said, here is my current watchlist as of 2015-04-09:
- NMM – Navios Maritime Marine
- This is a dividend stock that has been paying close to a 15% dividend, everyone is pretty bearish on it right now, but I’ve been watching it to see how it performs/if they change the dividend. They should be announcing their next dividend toward the end of this month
- MAT – Mattel Inc
- Everyone’s favorite toy company. Another dividend stock that pays around 6%, their stock price has been declining for about 9 months now. I’m keeping my eye on it for the coming weeks/months, I may jump in over the next few weeks.
- COP – Conoco Philips
- This stock was at all time highs mid 2014, and has been declining since then. A lot of people are bearish on the oil markets, but their stock price looks to be turning around. They pay a 4.44% dividend and it could be a good addition to my portfolio.
- T – AT&T
- A nice stable stock paying a 5% dividend. I’ve been on the fence about this one for a long time, it’s not a stock you can expect much growth out of, but a stable 5% dividend is nothing to scoff at. The stock has been declining for about a year now, so I’ll keep my eye on it and see what happens over the next six months or so.
- FUSVX – Fidelity S&P 500 Index Fund
- This is the big brother to FUSEX, it is the same fund with a $10k minimum investment, it also has a lower expense ratio. I’ve been thinking about this one for a while now, it’s the $10k minimum that has stopped me from pulling the trigger, maybe soon.
- FSTVX – Fidelity Total Market Fund
- Similar to FUSVX, this is the big brother to FUSMX, with the same $10k minimum investment and lower expense ratio. Similar to above, it’s just hard to come up with that much cash.
- Rental Property
- While not a stock/mutual fund, it can be a valuable part of an investment portfolio. Even if the stock market crashes, people need somewhere to live. I’m thinking about looking for a commercial property, I just really need to set up some time with a realtor.
Let me know if you think/have any suggestions for me!