With stocks up almost 30% from the March lows, it has been difficult to find many high-quality, blue-chip stocks trading at a discount that would make it justifiable to part with investment capital during the COVID-19 pandemic. However, as I’ve noted in the past, the good thing about investing is that you only have to find “one deal at a time” to be satisfied. Fortunately, there are two historically strong blue-chip stocks that catch my interest right now, and for which I am still actively contributing new funds, which is included in an article over on Patreon (you can subscribe here).… Read the rest of this article!
The general theme of my investing articles has been this: Buy healthcare. Buy energy. Buy consumer staples. There may also be a place for tobacco, telecommunications, and utilities depending on your moral sensibilities, desire to receive dividend income while giving up long-term growth, and willingness to deal with the lid on growth that results when you have to rely upon regulators to achieve rate increases.
Some things, like long-term retail investing, are debatable. Equally credible arguments can be made in favor of long-term investing in companies like Walgreen, Wal-Mart, and Target. Others can point to Woolworth, A&P, and Sears to make the opposite case. And then the buy-and-holders can point out that the Sears spinoffs of All-State, Discover Card, Morgan Stanley, and Lands’ End made it a superior investment (stock calculators no longer accurately report this information because they treat spinoffs as one-time special dividends and then reinvest it into … Read the rest of this article!