ENB:CC - 2 Of The Best High-Yield Dividend Stocks Today
2024-07-09 13:08:22 ET
Summary
- Buy low, sell high, get paid to wait - our investing motto.
- Dividends matter for long-term wealth building and financial stability in retirement.
- Here are two high-yield top picks.
Written by Sam Kovacs
Introduction
Buy low. Sell high. Get paid to wait.
This is our investing motto. These three short sentences encapsulate more wisdom than first meets the eye.
Buying low means buying a stock when it's cheap, or at least not overvalued. If you can avoid overpaying for an equity, you improve your odds significantly. We're value investors at heart, and we believe in the ideas which were pioneered by Graham and Dodd and made mainstream by Buffett and Munger.
Selling high means you realize that just as stocks can get unfairly undervalued, they can get grossly overvalued. Buy and hold investors have trouble parting ways with their favorite stocks, but we see this as short-sighted, emotional, and worse: Leaving money on the table. Here, we're in agreement with Howard Mark's idea that the pendulum always swings back and forth....
2 Of The Best High-Yield Dividend Stocks Today