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Wells Fargo As One Of The 5 Dividend Stocks To Buy And Forget?

Sunday, December 30, 2012 - 11:37 AM
Out of the 5 dividend stocks mentioned in this The Street article, one of them was Wells Fargo. What I found most interesting was how the author explained why Wells Fargo stock will be a good investment in 2013:
Investors can count on the Federal Reserve to keep banks healthy until the economy turns around.

Having the Fed as your sugar daddy should not be discounted. It's the ultimate in privatization of profits and socialization of losses.

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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,743
1. Sunday, December 30, 2012 - 1:33 PM
Thanks much, Ken, for the amusing remark on WF.  What a solid base for his smart stock selection!

I think the real question is whether I will entrust my cold cash to these boring so-called financial experts (imagine what Steve Jobs would call them in his brutal honesty:D) without my own in-depth research and detailed analysis. 
2
51hh51hh1,462 posts since
Jan 16, 2010
Rep Points: 6,352
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