Motley Fool Money Fall Q&A: Stocks, Dividends, Luxury Goods, and a Cannabis REIT
Oct 9, 2022
This week, experts tackle listener inquiries about investment strategies and high-dividend stocks. They discuss Adobe's bold $20 billion acquisition of Figma and the potential of a cannabis REIT for investors. The merits of luxury goods as a hedge against inflation are highlighted, along with innovative ways to use dividend payments for managing mortgages. Plus, important insights on diversification, navigating investment challenges, and the ups and downs of cloud-based platforms like Domo keep the conversation lively and informative.
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Hold Winning Stocks
- Don't sell winning stocks like ExxonMobil, even with a high dividend yield.
- Reinvest the dividends for long-term growth and diversification within the energy sector.
Diversification Strategy
- Diversify your portfolio not just by the number of stocks, but also by when you bought them.
- Treat your brokerage account like a 401k, consistently investing over time to avoid tying your cost basis to a single moment.
Domo's Growth Prospects
- Domo, despite its elegant software and big customers, faces slow growth due to long sales cycles.
- This makes it a more likely acquisition candidate than a high-growth stock.