The recent upswing in the stock market averages will likely be short lived as all the economic data is digested and analyzed and everyone realizes that the recovery is anything but certain. Unemployment is still at a 26 year high and will likely keep increasing. Holiday sales will most assuredly disappoint later in the year. The stratospheric rally of the [...]

I am absolutely shocked at the words coming out of Washington right now regarding our nation’s banks willingness to lend. Lawmakers are pressing the largest banks to lend money much more freely to spur consumer borrowing and increase consumption in order to jumpstart the economy. There is only one glaring problem with this plan: that’s how we got in this [...]

Today will be remembered as a historic day of trading for the US stock markets. The Dow Jones Industrial Average closed up over 1,000 points, the largest point gain in history. I used this rally to sell aggressively out of some of the smaller, riskier stocks and keep money in the strong, high dividend yielding stocks that will surely weather [...]

Bank Of America (BAC) is the third stock I will be highlighting from the Dividends Are King blog series. Bank of America has been in the news lately for its $2 Billion investment in the beleaguered mortgage lender Countrywide Financial (CFC). BofA is a financial holdings company that operates in the United States as well as internationally. That $2 Billion [...]

The second stock in my Dividends Are King series is Citigroup (C). Citigroup is in the business of banking and provides a multitude of services to its customers ranging from credit cards, student loans, checking/savings account and business credit services. Citigroup was founded in 1812 and has gone through many name changes over the years as it acquires more business [...]

One of the stocks highlighted in the Dividends Are King post was Altria Group (MO). Altria’s primary business is the manufacturing and distribution of cigarettes and tobacco products including the Marlboro, Basic, Parliament and Virginia Slims brands. Altria was formerly a conglomerate of businesses including Kraft Foods which was recently spun off from the tobacco segment of the company to [...]

This post is dedicated to some of the best high-paying dividend stocks in the stock market right now. These companies represent large caps primarily from the banking sector, an area of the market that has been beaten down lately because of the sub-prime mortgage fears in the market. I’m not sure where the bottom in the banking sector is, but [...]