When my friend asks for advice in stock investment, I ask her to check the price of a few great dividend stocks.
These stocks have a great track record of consistent dividend payout.
The dividend payout has been the same for the past few years.
In this case, the only decision she has to make is in the buying price. At the current price, the dividend payout is about 6%.
She takes a look at the price chart for the past year, and decides on a buying price.
When the price is just one cent higher than her target price, she does not want to buy.
As a result she waits for months, and still let her saving sits in the saving account. The money is earning interest at the rate of 0.05%.
Sometimes I wonder if I have wasted my time with people who simply are not interested in stock investment.