A Happy Doomsday - Ideas to help you weather the impending financial doom!
February 11, 2008
– Comments (4) |
RELATED TICKERS: EBI.DL.DL
, MTR
, O
With all the doom & gloom talk I just wanted to reiterate my stand that there are always ways to make money. Actually, I was more inspired by the fact I just had my car fixed & those damn mechanics definitely made money off me...
Well, I personally think that CD's & bonds are all terrible places to put my money @ current yields. Sure, a money market account will do, but if you wanted another place to earn interest that won't tie up your assets for a set time then you could look to high yield stocks, but not just any stocks. I'm going to focus on a short list of monthly dividend payers.... A short list of ideas for the frightened who are worried and have been thinking of safer places to park their money while they weather the impending financial onslaught....
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Realty Income Corp (NYSE Symbol: O)
This stock has been paying a monthly dividend since Kane and Able were born. It's already weathered the REIT storms that brought class action lawsuits against others. It currently yields over 7%. Unless, a comet is going to hit earth next year, and you are completely convinced of a doom & gloom situation I'd suggest thinking about pulling the trigger on this stock around $20. ...or save those bullets to protect your gold. Go ahead bash this stock because it's a REIT
Mesa Royalty Trust (NYSE Symbol: MTR)
Yea, there's a few other good dividend paying Oil Trusts that are from Canada. This one here is made in the U.S.A! Here's a chance to redeem yourself for buying that foreign car and make some money every month. This stock is yielding nearly 9% annually. You can still get this before we run out of oil...
Evergreen International Balance Fund (NYSE:EBI)
Okay, this stock invests in stuff all across the world & it invests in a lot of foreign bonds & other securities. We all have heard "When the U.S. sneezes the world catches a cold." But you could earn a 9% APY every month and bail out before those other people who have yet to look through your highly advanced telescope and see the pools of cash stocks eaten by bears.
Giving bullish advice like my favorite investor....
No, not Buffett... Not George Soros... Not Peter Lynch.... It's CNBC's Jim Cramer!!!
There's always a bull market somewhere.... (ahem.... commodities)
Happy DoomsDay,
There's definitely a Fool in me...
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