Well I feel any stock that you buy should be hold for the long term but I buy dividend paying stocks so that is the reason I say that. I am not giving any stock advice in this post but as for me, I would hold every stocks that I buy for the long term. Now I would sell some stocks if the company is doing bad or they cut the dividend for a long time.
Everyone invest in the stock market different and we have different goals so any stocks that I name, I feel you should hold for a long time but you may thing in selling so I can list 3 of my dividend paying stocks that I have and I won and I feel I will hold for a very long time.
Main street capital
What they do is provide one stop capital solutions to lower to middle market companies. They provide flexible private equity and debt capital solutions. This is one of my best stocks that I own and I feel I should hold this for the long term and do not sell.
They pay a dividend of .21 cents per month and they do a great job at paying that dividend. If you want more info on this company, here’s their website where you can check them out https://www.mainstcapital.com/ right now I have 108 shares of this company and I planning on buying more. This is a long term hold for me and when I retire, I love that monthly dividend coming in.
Armour reit
This is another stock that I will hold for the long term. They invest in residential mortgage back securities issued or guaranteed by the united states government sponsored from Fabnnie mac. I like this stock because most of their real estate is guaranteed by the Government and there are in real estate.
Here’s their website if you want more info on them and I would do as more research as you can. There are more reason why I like this stock but here’s their website: https://www.armourreit.com/corporate-profile/default.aspx as i write this post, o won 474 shares of this company and my goal is to reach 500 shares soon and this is my long term hold. This stock as pay a monthly dividend of .10 cents per month
QYLD ETF
QYLD is an ETF and it seeks to generate income though covered call writing and for the most part produces higher yields. This ETF pay a monthly dividend of .18 to .21 cents per month is for the most part different every month but it’s between those numbers for dividends. An ETF holds different stocks inside one stock so owing this ETF you will own some Microsoft, apple, amazon and tesla stock in the one ETF.
ETF can be safer than owning company stock because you have other company inside that can help out the fund. As of right now, I own 107 shares of this ETF and planning on buying more. If you want more info in this ETF you can check out the website: https://www.globalxetfs.com/funds/qyld/#overview
Everyone has a different path when it comes to invest into the stock market. My goal is to hold forever and build another stream of income for my family to live off of. Please do your own research before buying any stock on the stock market because there are not set in stone stocks, any stock can fall and any company can go over so it’s up to you to do the research before investing. I link out each stock or ETF with their own website so you can check them out and learn. I love passive income so I would hold for a very long time for me. Check out my dividend stock YouTube channel here: https://www.youtube.com/channel/UCKIXApIrXdvyajZvKV4VSHg