highest dividend paying stocks 2013- Money Morning - Only the News You Can Profit From.
- By Steve Christ, Executive Editor, Money Morning
- March 1, 2013
Every time I talk to my nephew Sam, I realize youth really is wasted on the young.
Fresh out of college, what my brother's son knows about the real world couldn't fill a thimble.
At age 22, he just doesn't know what he doesn't know yet. He's brash, idealistic, a bit hardheaded, and ends up making a lot of rookie mistakes - especially when it comes to the stock market.
Like most novice investors, he'd much rather chase the latest big momentum stock than actually work to build true wealth over time.
When I try to nudge him toward a portfolio of solid dividend-paying stocks, all he really wants to talk about are the "hot stocks," or what I call "the flavors of the month."
And since Facebook's astronomical P/E ratio couldn't stop him, I figured I probably couldn't either.
I just hope that after a while, some of these hard lessons will finally begin to sink in.
Dividend-Paying Stocks: Some of the Best Bets for 2013
- By Todd Shriber, Contributing Writer, Money Morning
Investors who shy away from dividend-paying stocks next year because of higher taxes will miss some of the best income sources of 2013.
Plus, there's a good chance many investors will miss the biggest dividend tax hit.
U.S. President Barack Obama, who earlier had suggested raising the dividend tax on those earning $250,000 or more, now says he wants to increase the tax on those earning $400,000 or more. Republicans have suggested raising the dividend tax on those earning $1 million or more.
Many investors wouldn't be affected by either proposal: Among Americans who receive qualified dividends - those taxed as capital gains, not regular income - 48% make less than $250,000 a year.
And there are some stocks that will be relatively immune to the fiscal cliff tax effects.
For those who will keep their money in dividends, we've highlighted some of the best picks among dividend-paying stocks for 2013, as well as some you'll want to avoid.
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