Who doesn’t love a bargain?
If you’ve ever watched Antiques Roadshow on PBS, you can’t help but feel elated when a $10 garage- sale bargain turns out to be an 19th century masterpiece worth $45,000.
Dividend Luck?
But, like buying a winning lottery ticket, hitting the jackpot with your household junk only seems to happen to other people. And I have a feeling the same pattern holds true when it comes to dividend investing. Maybe there are a few really great dividend stocks out there selling at bargain prices, but the odds are I’ll never be lucky enough to find them.
Let’s be clear, there are low-priced stocks available whose yields are quite high. Whether they’re bargain-priced gems, or disasters about to unfold, is a question that only those investors who have the nerve (and money) to roll the dice will be able to answer.