6 Blue Chip Dividend Stocks for the Next 6 Months
I should probably begin by re-emphasizing that I believe in investing for the long term. I subscribe to Warren Buffett’s philosophy that you should buy a stock with a plan to hold onto it for 10 years or more. Any gains earned from short term trading tend to be eroded by higher taxes and commission fees.
With that disclaimer out of the way, it is helpful to look for stocks with potential catalysts that could push the stock higher in the coming months. It’s obviously much easier to look out over the next six months and evaluate which stocks could outperform the market versus picking the stock winners of 2016.
At the beginning of 2011 we did a similar exercise and identified our top five dividend stocks for 2011. That dividend portfolio has returned 10% YTD and has doubled the performance of the S&P 500 index.
Now we have identified... Read more