10Mon·

Hello, after my last post where I asked which dividend stocks I should buy. I've been thinking about how and why I want to do this, I'm selling a mountain bike soon if anyone is looking for one (santa Cruz Bronson 2019). I also want to earn a passive income and I also want to gain experience with dividends, so now to my consideration

$MO (-0.82%) Altria: consumer staples

$O (+0.38%) Reality Income: real estate

$SHEL (-1.28%) Shell: Energy, why Shell because it also invests in renewable energy.

Do you have another good addition

9 Comments

MoneyIncinerator@DoppelSchlechtMinus

10Mon

Have you ever looked into the concept of dividend growth and what kind of companies have a lot of potential in this respect? At your age, that would be a more sensible investment than companies with a high potential for stagnation. You don't need to start with 3 pensioner shares just to gain experience with dividends.

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Kai@Dividenden-Sammler

10Mon

would definitely not invest in $MO and put a big question mark over $SHEL. I had also considered $SHEL but ultimately decided in favor of $TTE and $CVX as a US stock.
Instead of $MO (as @Transporter already wrote) in $PM and/or $BATS - both are also in my portfolio.
But of course that's just my opinion, if you see it differently and you like your stocks more based on your valuation, it's of course your decision what to invest in.

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user03@user03

10Mon

@Dividenden-Sammler Why against Shell?

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Kai@Dividenden-Sammler

10Mon

@User03 For me, renewable energy was an important factor in my decision to work in the energy sector. Every company in the sector is more or less committed to doing something about it. At Shell, I had the impression that "yes, we are doing something...", but at TotalEnergies, the topic seemed more important to me in the company and was associated with more commitment, which you could at least read in the annual report and in the presentations. In addition, I already had a few UK companies in my portfolio and Total was another small plus point for further diversification. I'm not saying that Shell is bad, but when it comes to renewable energy, I personally see TotalEnergies as being more enthusiastic about doing something about it and going further.

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user03@user03

10Mon

@Dividenden-Sammler ah okay I see, that was the reason for me to invest in Shell, but I didn't look at it in such detail, thank you for your opinion ✌🏻

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John@Transporter

10Mon

Forget Altria, Philip Morris or BAT instead. Instead of Shell, maybe Chevron or Exxon.

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Metis@Metis

10Mon

What exactly does your bike sale have to do with it?
Do you want to invest the proceeds in these shares or why do you mention that?
Otherwise, I don't see any connection between dividend stocks and selling bikes.

Why no $ALVN or $MUV2?

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Das_Bürschchen@Levi11

10Mon

Yes, exactly, I want to sell the bike and invest the proceeds in shares

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SpinXO@SpinXO

10Mon

Take a look at $ALV and $MUV2. They pay quite high dividends (on which you don't have to pay withholding tax) and also have good share price growth.

For me, $SHEL 's investments in renewable energies would tend to be an exclusion criterion from an investor's point of view. It is very questionable to me whether they are not burning more money at the moment than they will earn in the future.

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