10 Rock Solid Stocks – According to Fortune
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I came across this article over at Fortune.com. It provides a list of 10 stocks that they consider to be rock-solid to take you into the New Year. At first I was like, “Hey, I own 2 out 10 – I suck”. But then I put on my anti-investment media hat and realized that this was a bunch of crap. Basically, the article gave one line reasons why these stocks were a “buy”. The thing that really pi$$ed me off was that if you followed the link to get the rest of the article you wound up on a subscribe page. Just more fluff corrupting the average investor’s mind. The moral of my post – don’t follow these types of articles. Do your own research. At most, use these guides as a list of ideas and go from there. Let me know what you think.
3 Comments on this post
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Jeffrey said:
Is there a month or a season where it’s better to either buy or not buy dividend funds? Thanks.
December 20th, 2005 at 1:45 pm -
Empty Spaces said:
I totally agree with your analysis.
journalists need to write articles that sell. interesting snippets of info help sell magazines, not indepth boring research. 90% of all articles in the popular media are after the fact reports, not before the fact predictions.[& the ones that seem like predictions are usually just fantasy].
when the media reports the latest investment fad, 50% of the time its time to bail on it.
December 20th, 2005 at 3:36 pm -
The Dividend Guy said:
Jeffrey,
That is a good question…but to be honest it is not something I do not concern myself with too much. I don’t believe that I can time the market. I focus on find a good stock with good fundamentals (especially a growing dividend) and invest in it no matter of what time of year it occurs is. I plan to hold my stocks for long periods of time and am not to concerned about short term movements in stock prices.
December 20th, 2005 at 9:48 pm
