Already own a decent position in VOD, but was wondering your opinions. Which would you take or do...an additional position in VOD or maybe start a new position in either T or VZ? Or maybe even sell VOD and put it in either T or VZ? Your opinions are valued.
Thanks for your reply. I am now fully retired and turned over business to my son. I am doing things around town to help seniors like myself. Now an Octagenrian. (Did I spell it right).
Still dabling in the market but long on VOD. Should be a few more buck to shake out of the tree.
Life is good but worry about the future-- Not mine but the kids .Will keep in touch.Got a new Droid but returning it tomorrow. Too confusing for my 1932 brain.
I think holding VOD is better. According to yahoo, current yield is around 7% based on current price.
Holding VOD in Roth IRA account is best.. no US taxes on gains but must still pay their 1c/share for foreign withhold.
Maintain a balance position in each of these three Companies. You cannot hedge your bet. But you can benefit from each Company in its own ability to improve your values. VOD, as part owner will from time to time receive dividend income from VZ. This past 2012 February VOD declared an extra dividend which in my case was real cash money. T Inc has been increasing its dividend, as far as I can rememeber, annually. Even at only a penny a share increase, over time it is new income. Market Value will improve with time for T Inc. VZ has been quietly making improvements with its broad services. Since in got off of its requirement for an annual contract it is a strong competition with CABLEVISION. As there base subscribers continues to increase most of that income will go to the bottom line for the VZ Company. Keep a strong postion with each of these Companies. If you do not need your company dividends at this time I offer you this free advice. DRIP Company plans (direct reinvestment plan) which is free and no charges to you. Over a live time of DRIP investing you will have a great dividend nest egg for your retirement years. Good Luck with your decisions. William L. retired