Tag: Jim NelsonSort
There is a way to join a company’s long-term employee benefit program without lifting a finger, says Jim Nelson. Some firms offer Dividend Retirement Plans (DRIPs), which allow you to both receive regular dividend checks and reinvest earnings in discounted stock. And as long as dividend payments keep coming, there is no need to worry about a volatile share price.
Choppy markets have sent dividend yields to “unbelievably high” levels, says Jim Nelson. This makes today a great time to start income investing. Jim says Royal Dutch Shell (NYSE:RDS:A/RDS.B) and BP (NYSE:BP) are two cash-rich companies with consistent dividend payments and “absurdly” high yields right now.
There has been a lot of strong recommendations around biotech lately on Contrarian Profits. Phase 1 Investor editor Rob Fannon recently wrote that biotech was one of the few market sectors to show positive returns as many other stocks were getting hammered. He sees great values in the sector.