VZ
Verizon Communications
stock NYSE

Me I've been buying a diverse portfolio of dividend stocks along with tech, financials, retail, material, etc.. The way I look at it is if everything goes under I can still collect the dividends which secures me an income even if it is less than I had been getting it's still an income. Some like VZ are aristocrats, others like ET are fairly high yield and stable due to being toll collectors, and still others are banks. I have a couple of Reits but looking to quit them and move to another asset class of dividend payer. I don't keep much cash as every time I accumulate some I say to myself it's just sitting there not really earning anything so I invest it which has gotten me into trouble in the past when I get caught with the shorts but to me that's part of trading as long as I finish ahead I'm happy.

I had an IRA that some funds never transferred over about 25 years ago. VZ stock worth 400.00 is now a whopping $700.00 🤣
Now if it was:
**NVIDIA:** about **$371,000** today
**Amazon:** about **$274,000** today
Crud. lol.

Hi proud of you... keep it up. I'm in my early 50's and trying to do the same thing... invest what I can.
My only concern for you is the tax treatment of O. Those dividends will be taxed at least partially as ordinary income unless you have them in a Roth IRA.
Some other funds I could recommend that are effective for me is VYM, KMB, VZ, CVX, VYMI, SPYI, and PFE.
True the price flux happens, but I've been pleased those. Reinvested the dividends until I retire in about 5 years.
Best wishes to you.

Me I've been buying a diverse portfolio of dividend stocks along with tech, financials, retail, material, etc.. The way I look at it is if everything goes under I can still collect the dividends which secures me an income even if it is less than I had been getting it's still an income. Some like VZ are aristocrats, others like ET are fairly high yield and stable due to being toll collectors, and still others are banks. I have a couple of Reits but looking to quit them and move to another asset class of dividend payer. I don't keep much cash as every time I accumulate some I say to myself it's just sitting there not really earning anything so I invest it which has gotten me into trouble in the past when I get caught with the shorts but to me that's part of trading as long as I finish ahead I'm happy.

I had an IRA that some funds never transferred over about 25 years ago. VZ stock worth 400.00 is now a whopping $700.00 🤣
Now if it was:
**NVIDIA:** about **$371,000** today
**Amazon:** about **$274,000** today
Crud. lol.

Hi proud of you... keep it up. I'm in my early 50's and trying to do the same thing... invest what I can.
My only concern for you is the tax treatment of O. Those dividends will be taxed at least partially as ordinary income unless you have them in a Roth IRA.
Some other funds I could recommend that are effective for me is VYM, KMB, VZ, CVX, VYMI, SPYI, and PFE.
True the price flux happens, but I've been pleased those. Reinvested the dividends until I retire in about 5 years.
Best wishes to you.

Not always, VZ has been around 6-7% for quite awhile with 20 consecutive years of increases.
There are always better options but I don't see Verizon as a yield trap by any means.

I opted to dump T and hold onto VZ. It's the biggest laggard in my portfolio.

I put a rollover of around $450,000 into a basket of stodgy dividend pricing dividend “royalty” stocks and utilities, hit “reinvest” and forgot about it.
Just looked and it’s now producing around $35,000/year in dividends.
There have been some losers (VZ, T, VHC for example) but regardless… it’s kinda cool.
The account with the new company has done well too - there I just mimicked ETF allocations for my “target” age (majority S&P, international and smaller small/mid cap).
I’m not picking sides. As long as you’re in the game, you should be ok.