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RE: Buying Warren Buffett's discards - Procter & Gamble Co. (NYSE: PG)

in #money6 years ago

It certainly is an interesting time in the market. The steady stocks that were bid up too high are falling back down to earth as the interest rates rise and make it more viable for income investors to get a secure 3% or so from treasury bonds.

This has caused the 'safest' of the dividend aristocrats to drop pretty much across the board. I don't know if this is THE time to buy, but it sure seems like a decent entry point.

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You are right about interest rates - they are probably only going up from here and that will likely put a drag on dividend stocks.

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